Editor’s Note: Lara Setrakian is a journalist and the president of the Applied Policy Research Institute based in Yerevan, Armenia. Follow her on Twitter at @Lara. The views expressed here are her own. Read more opinion on CNN. CNN — After Russia’s invasion of Ukraine and its devastating humanitarian fallout, it would be a leap … Read more
Digital Currency Group, founded by Barry Silbert, is winding down its wealth management department. The news comes as its subsidiary, Genesis, is laying off staff. DCG, the parent company of the problematic cryptocurrency broker and lender Genesis Trading, reportedly told clients on Jan. 2 that HQ had halted operations. The company closed the project citing … Read more
The logo of Shell on an oil storage silo, beyond railway tanker wagons at the company’s Pernis refinery in Rotterdam, Netherlands, on Sunday, Oct. 23, 2022. Bloomberg | Bloomberg | Getty Images Oil and gas major Shell said Friday it expects to pay an extra $2 billion in new taxes for the fourth quarter in … Read more
Billionaire Mark Cuban says in 2023, fraud and scams will be on the rise. He expects the pump-and-dump scheme to prevail. In an interview with The Street, the billionaire founder of the Dallas Mavericks said that tens of millions of dollars were stuck in trades and tokens without a good use case. He wondered if … Read more
Trader Joe on Avalanche has been experiencing a decent performance in terms of its volume. A sustained rally by the DEX could potentially impact AVAX and the Avalanche ecosystem. Avalanche was successful in securing several important relationships during the preceding year. Despite these agreements, the native token of the company, AVAX, had not been able … Read more
Federal charges are coming down on a twenty-four year old NFT project developer who rug pulled his NFT collection, running off with nearly $3M in funds. It’s the latest federal pursuit of crypto rugpullers, an endeavor that is relatively new for federal bodies when it comes to NFTs. It’s also a stark reminder for those … Read more
CNN — The ruling Taliban has signed a deal with a Chinese company to extract oil from northern Afghanistan’s Amu Darya basin as the radical Islamist group attempts to bolster the South Asian nation’s increasingly impoverished and isolated economy. The agreement with China’s Xinjiang Central Asia Petroleum and Gas Co is the first major international … Read more
The massive job cuts by Amazon, one of the biggest private employers in the US, show the wave of layoff sweeping through the tech sector could stretch into 2023 as companies rush to cut costs, analysts said on Thursday. As a demand boom during the pandemic rapidly turns into bust, tech companies shed more than … Read more
Windfall tax payments are to cost Shell around $2bn (£1.7bn), the oil and gas company has revealed. The cost of the UK’s energy profits levy and the EU’s recently announced solidarity contribution will reach $2bn (£1.7bn) in the final three months of its financial year, the firm said in a fourth quarter 2022 update. It … Read more
Applauding the efforts of the US-India Alliance for Women’s Economic Empowerment that connects the private sector and civil society to help women grow their businesses, US Secretary of State Antony Blinken has said that Google India has committed to mentoring 1 million Indian women entrepreneurs. Launching US Strategy on Global Women’s Economic Security here on … Read more
Place/Date: – January 6th, 2023 at 7:06 am UTC · 4 min read Source: Snowfall Protocol After Elon Musk has broken his silence in response to a user poll on Twitter asking whether he should resign as CEO of the social networking firm, the value of Dogecoin (DOGE) has been steadily declining. The privacy-based Mimblewimble … Read more
“What should be owned in the Metaverse, and how? This is a philosophical question.” In January, before Spice DAO dropped $2.7 million on a rare copy of Alejandro Jodorowsky’s production book for Dune at Christie’s, the group tweeted its intention to “tokenize” the book. This is a typical common IP misconception related to NFTs – … Read more
House prices have dropped for the fourth month in a row as cost of living pressures and higher borrowing costs dampen demand. The average house price fell to £281,272 in December, according to data from Halifax. It was a 1.5% decrease from November prices, which had already fallen more than 2%, representing the fastest decrease … Read more
New York CNN — The Wall Street Journal is demanding answers from the Phoenix Police Department after an officer detained and handcuffed one of its reporters outside a Chase Bank — an incident that press freedom advocates say raises First Amendment concerns and mirrors a larger, growing hostility from local law enforcement toward journalists across … Read more
Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion ETC price correction could break below $18.28 and settle at $17.60. A breakout above the bearish order block at $19.18 would invalidate the bias. ETC saw a slight decline in demand in the futures … Read more
CNN — Buffalo Bills safety Damar Hamlin has made “substantial improvement” in the hospital following his mid-game cardiac arrest on Monday, doctors said, and is now awake and moving his hands and feet. Hamlin is able to communicate by shaking his head, nodding or writing brief notes, said Dr. Timothy Pritts, part of the player’s … Read more
Microsoft Chairman and Chief Executive Officer Satya Nadella on Thursday said the company seeks to build better tools for developers so they can build more technology and highlighted some of the ways in which Indian innovation is transforming the lives of people locally and globally. Addressing a gathering of developers, startups and technology leaders at … Read more
Avatar: The Way of Water is now the biggest movie of the year. After a mere 21 days since its theatrical release, James Cameron’s much-anticipated Avatar sequel has now collected $1.516 billion (about Rs. 12,505 crore) at the global box office, overtaking Top Gun: Maverick for 2022’s top spot. The Tom Cruise-led action affair stands … Read more
According to a Jan. 5 report by the WSJ citing ‘people familiar with the matter,’ Genesis is mulling a bankruptcy filing and has let around 30% of its staff go. The layoffs were across several departments leaving the firm with 145 employees remaining. Genesis has tapped investment bank and financial advisory firm Moelis & Co. … Read more
Veteran Brazilian surfer Marcio Freire died on Thursday while practising tow-in surfing on the giant waves in Nazaré on the central coast of Portugal, the local maritime authority said. Support staff on jet-skis managed to get the 47-year-old to the beach, but all attempts to revive him failed. Freire was one of the three Brazilian … Read more
A third “atmospheric river” storm has killed at least two people and left tens of thousands of homes without power across California. Torrential rains, high winds and heavy snow hit the state for a second day following a massive Pacific storm, threatening much of the area with flash-flooding and mudslides. The storm was powered by … Read more
ApeCoin (APE) has been on the road to recovery since the last two months. According to CoinGeckothe token gained over 13% in the past month, ending the year on the spot with other gainers. But the token has depreciated by almost 5% in the past 24 hours, and trading at $3.96. This might set a … Read more
Speculation on Twitter that crypto exchange Huobi has laid off staff and shuttered internal communications have prompted the community to advise users to withdraw funds, despite an advisor to the exchange denying the rumors. In a Jan. 5 tweetHuobi advisor Justin Sun addressed rumors of purported insolvency saying the business development of the exchange was … Read more
2022 was a big year for crypto venture capital despite multiple high-profile meltdowns and the FUD (fear, uncertainty, and doubt) tsunami that followed. However, the funds may not flow as easily this year, a crypto researcher warns. The number of deals and amount invested by venture firms into Web3 and crypto startups was a little … Read more
OpenAI, the artificial intelligence research lab behind chatbot ChatGPT, is in talks to sell existing shares in a tender offer that would value the company at about $29 billion (roughly Rs. 2,39,700 crore), the Wall Street Journal reported on Thursday, citing people familiar with the matter. The report added that the deal is structured in … Read more
