Tag Archives: News

While information about Cadabra is still scant, there are indications it will offer initial drops of photo collections, mintable on the Ethereum chain. Canon USA has announced the upcoming launch of Cadabra, a new Ethereum NFT marketplace dedicated to photography NFTs. Canon USA previously filed a trademark application for the brand in 2022. Upon launch, the platform will offer photos in varying categories including sports, lifestyle, wildlife, and more. Canon’s launch of a marketplace...

Bitcoin cash started a decent increase above the $125 and $130 levels against the US Dollar. The price is now trading above the $130 zone and the 55 simple moving average (4 hours). There is a key bullish trend line forming with support near $129.20 on the 4-hour chart of the BCH/USD pair (data feed from Coinbase). The pair must clear $135 and $142 to continue higher in the near term. Bitcoin cash price is climbing above $130 against the US Dollar, similar to Bitcoin....

A bitcoin miner is getting a huge reward at the time of writing after beating out his fellow miners to add bitcoin block 780,112 to the blockchain. A Bitcoin Miner Is Getting a Huge Reward At press time, the person in question is receiving a total of $148,000 in BTC. This consists of a 6.25 BTC reward along with an additional fee payment of 0.63 in bitcoin for the work he’s completed. The miner beat the odds in many ways given how many others were working to resolve the...

Binance – the world’s largest and most popular digital currency exchange – is converting more than $1 billion of its stable currency BUSD (Binance USD) into bitcoin, Ethereum, and various other digital assets. Binance Is Converting a Lot of Its Stable Asset The news came about in a tweet issued by the company’s CEO Changpeng Zhao, who stated: Given the changes in stablecoins and banks, Binance will convert the remaining of the one billion Industry Recovery Initiative...

During the first three months of the year, Delta Air Lines reported adjusted operating revenue of $11.8 billion whereas analysts expected $11.99 billion. One of the oldest and busiest American airlines Delta Air Lines Inc (NYSE: DAL), has reported its financial results for the first three months of 2023 (Q1 2023) today. According to the announcement, Delta Air Lines posted a wider-than-estimated loss for the first quarter but forecast revenue growth and profits during the second quarter of...

Virgin Money has launched a digital platform that caters comprehensively to first-time and professional investors.  Virgin Money has launched a digital retail wealth management platform for traders through a joint venture partnership. The Virgin Group financial services brand partnered with British-based global investment platform Abrdn to grant investor access to various investment funds. Virgin Money also leverages technology from FNZ for its digital platform initiative. First-time and...

Bitcoin is truly an amazing asset. No matter what happens in the economy, no matter how bad things get, the world’s number one digital currency by market cap is still striving to do as well as it can, and its recent price rally – despite the collapse of financial institutions such as Silvergate and Silicon Valley Bank – is proof of this. Bitcoin Continues to Impress Us All To be fair, bitcoin has received a fair bit of support given that these banks and others like them...

A person familiar with the matter revealed that UMG has been sending out requests “left and right” to take out songs generated by AI. As artificial intelligence (AI) content is on the rise, Universal Music Group (UMG) has ordered music streaming platforms to block AI-generated music. Since the launch of OpenAI’s ChatGPT, AI-generated content has seen an unusual rise and adoption by many. As expected, the world is divided on accepting this new technology. While many see the AI chatbot as a...

Following the IPO, Rakuten Bank is billed to finally go public on the Tokyo Stock Exchange on April 21. Rakuten Bank, the financial services offshoot of the Japanese conglomerate Rakuten Group is set to go live following a successful float of its Initial Public Offering (IPO). According to a report from The Business Times, Rakuten Bank priced its IPO at 1400 Yen, a point that coincided with the upper range of its revised pricing. In the months and weeks leading to the IPO, Rakuten Bank set...

Italy’s data protection agency Garanate has set out multiple conditions for OpenAI to implement and comply with the GDPR rules. In March 2023, the European Nation of Italy announced a ban on OpenAI’s newly released told ChatGPT, which has created a storm in the tech world. This happened on the charges of breaching data privacy rules in Italy. In the latest development, Italy’s data protection agency Garanate suggested certain actions that OpenAI must take in order to revoke the imposed...