Coinspeaker Nvidia Reports Better than Expected Fiscal Q2 2024 Financial Results and Blowout Forecast, NVDA Shares Up Over 6.5% Nvidia Corp (NASDAQ: NVDA) shares closed Wednesday trading at $471.16, up 3.17 percent from the day’s opening price. The NVDA gains extended by about 6.58 percent during the after-hours session to trade at about $502.15. The […]
Oasys Taps AWS to Launch Online Web3 Gaming Hackathon
Coinspeaker Oasys Taps AWS to Launch Online Web3 Gaming Hackathon Oasys Blockchain has recently teamed up with Amazon Web Services (AWS) to unveil an online Web3 gaming hackathon in Singapore. A recent press release shared with Coinspeaker revealed that this collaborative endeavor is being partnered with prominent gaming names, including Ubisoft, ChainGuardians, Adventure Gold DAO, […]
Membrane Finance launches EUROe on Solana
Membrane Finance has announced the launch of the Euro stablecoin, EUROe, on Solana. The reason for choosing the Solana network is its advantage of high performance and low fees. Not just EUROe, Membrane Finance has also made available an option for card payment on the blockchain. The Euro stablecoin is in compliance with MiCA, short […]
S&P Downgrades 5 Regional US Banks Amid Challenging Banking Environment
On Monday, S&P Global Ratings slashed ratings for five U.S. regional banks, pointing to the strenuous operating atmosphere plaguing the sector since the year’s outset. The impacted banks include Associated Banc Corp., Comerica Inc., KeyCorp, UMB Financial Corp., and Valley National Bancorp. Simultaneously, the outlook for two others has been dimmed to negative. Turbulent Waters: […]
Robinhood Revealed as Owner of the Mystery $3 Billion Bitcoin Wallet!
The post Robinhood Revealed as Owner of the Mystery $3 Billion Bitcoin Wallet! appeared first on Coinpedia Fintech News Robinhood Markets Inc., the popular trading app, has been revealed as the owner of a mysterious $3 billion worth of Bitcoin wallets. The wallet, which has been the talk of the cryptocurrency industry for years, has […]
Blazar Token Scam: Former New Jersey Corrections Officer Charged by SEC
Former New Jersey State Correctional Police Officer John A. DeSalvo has been charged with fraudulently raising funds through the unregistered offering of the Blazar Token, a crypto asset security. The token, which collapsed in May 2022, was marketed as a replacement for state pension systems. DeSalvo misused investor funds, transferring a large portion to his […]
Schwab Q3 Survey: 44% Bullish on U.S. Stock Market and 66% See AI as a Significant Market Impact
The Charles Schwab Trader Sentiment Survey for Q3 indicates a shift in investor sentiment towards optimism, with 44% of traders optimistic about the U.S. stock market, despite concerns about recession, Federal Reserve interest rate hikes, political instability, inflation, and market corrections. Older traders are more optimistic. (Read More)
Bitcoin scarcity escalates as halving nears
Quick Take Bitcoin’s halvings, as highlighted in Pantera’s recent newsletter, play a significant role in constricting the production of new Bitcoins. The first halving led to a 17% reduction in new supply as a percentage of outstanding Bitcoin, marking the onset of a trend. This trend intensified in the 2016 halving; in terms of reduction […]
Tornado Cash Founders Accused of Moving Over $1 Billion Illegally, Roman Storm Arrested
The post Tornado Cash Founders Accused of Moving Over $1 Billion Illegally, Roman Storm Arrested appeared first on Coinpedia Fintech News The founders of Tornado Cash, a crypto mixer, have been officially accused by the US government. Roman Storm and Roman Semenox have both been charged with crimes like laundering over $1 billion and breaking […]
UXD Protocol to Purchase $5 Million in SOL and Pledge!
The post UXD Protocol to Purchase $5 Million in SOL and Pledge! appeared first on Coinpedia Fintech News UXD Protocol, a blockchain-based platform has announced its plans to purchase $5 million worth of SOL and pledge it for staking. The move is aimed at enhancing the platform’s security and decentralization while also providing its users […]