Lucid’s shares surge 43% on report Saudi PIF to buy remaining stake
Jan 30, 2023 06:24 am UTC| Business Economy Investing
Lucid Groups shares surged 43 percent on Friday after it was speculated that Saudi Arabias Public Investment Fund (PIF) wanted to buy it out. The speculation originated from the website Betaville. The luxury electric...
NFT: Amazon is reportedly launching its own gaming-focused NFT project
Jan 29, 2023 13:09 pm UTC| Business Digital Currency Investing
Amazon is reportedly jumping into Web3 through its NFT initiative that is set to be launched soon. Based on the report, the e-commerce company is introducing a gaming-focused non-fungible token enterprise. As per...
Cryptocurrency: Coinbase slapped with $3.6M fine in the Netherlands over registration issue
Jan 27, 2023 11:14 am UTC| Business Digital Currency Investing
Coinbase crypto company was fined in the Netherlands by the countrys regulator. The company will have to pay 3.3 million or about a $3.6 million penalty for offering crypto services without proper registration. Coinbase...
Cryptocurrency: Binance admits mixing customer funds with collateral tokens by mistake
Jan 26, 2023 09:24 am UTC| Business Digital Currency Investing
Binance blockchain company recently admitted it had made a mistake involving customer funds. It said that it has mistakenly mixed user funds with holding collateral tokens. Binance, which is considered the largest...
Metaverse: Oreo unveils new stuffed cookie, launches Oreoverse
Jan 25, 2023 10:14 am UTC| Business Digital Currency Investing
Mondelez International announces the release of the latest Oreo cookie that will be on sale for a limited time only. The company also tapped into the metaverse and launched its Oreoverse virtual space. The new Oreo is...
NFT: Doodles acquires Golden Wolf animation studio
Jan 24, 2023 09:51 am UTC| Business Digital Currency Investing
Doodles is a digital collection that originated from characters created by Burnt Toast, a world-renowned artist. It was reported that this NFT collection firm is acquiring Golden Wolf animation studio, which was once...
Cryptocurrency: Coinbase ceases Japanese operations, customers have 4 weeks to withdraw funds
Jan 20, 2023 10:14 am UTC| Business Digital Currency Investing
Coinbase, one of the largest crypto exchange companies in the United State, announced this week that it is halting its operations in Japan. The decision comes amid the trading slump. Initially, Coinbase was planning to...
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