Day: April 24, 2022
The concept of nonfungible tokens (NFT) came into existence in 2015, and it first got some traction in 2017 when many prominent digital collectibles such as CryptoPunks and EtherRock were created. NFTs got early traction among premier sports clubs but burst into mainstream popularity after digital artist Beeple’s artwork was sold as an NFT for […]
The majority of traders expect fresh Bitcoin price losses after a difficult end to the week, data suggests. 11780 Total views 128 Total shares Bitcoin (BTC) consolidated under $40,000 on April 23 as market expectations favored further losses. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView “Extreme fear” accompanies Bitcoin’s descent to $39,200 Data from Cointelegraph […]
Steven Goldstein is based in London and responsible for MarketWatch’s coverage of financial markets in Europe, with a particular focus on global macro and commodities. Previously, he was Washington bureau chief, directing MarketWatch’s economic, political and regulatory coverage. Follow Steve on Twitter: @MKTWgoldstein. Source: Marketwatch
Ethereum is a decentralized, open-source blockchain and the first network to launch smart contract functionality. Ethereum was launched in July 2015, and in the span of a few years, it increased considerably in value due to its wide range of decentralized application (DApp) offerings. The explosive rise of decentralized finance (DeFi) and nonfungible tokens (NFTs) […]
Senator Kevin Thomas seeks to provide prosecutors with a clear legal framework against crypto crimes that align with the spirit of the blockchain while combatting fraud. 2602 Total views 268 Total shares New York State Senator Kevin Thomas introduced a new bill amendment request to establish certain offenses related to rug pulls and other frauds […]
Philadelphia is reversing course on the face-mask mandate imposed just days ago and rescinding it, citing improving numbers for hospitalizations and case counts, the Associated Press reported. The Board of Health voted on the matter on Thursday, according to the Philadelphia health department. It did not provide data to back up the decision but said […]
If you’re into cryptocurrency or blockchain, there’s a good chance I don’t have to spell out the benefits of decentralization. You’re a first-generation user of a technology that will increasingly define the future of the internet, and you have front-row seats to the world premiere of Web3. The internet’s use and control were always as […]
Shares of Schlumberger Ltd. SLB, +2.46% rallied 1.1% in premarket trading Friday, after the oil services company reported first-quarter profit and revenue that rose above expectations and announced a 40% increase in its dividend. Net income rose to $510 million, or 36 cents a share, from $299 million, or 21 cents a share, in the […]
Allegion Plc ALLE, +2.16% said Friday it agreed to buy Access Technologies LLC from Stanley Black & Decker Inc. SWK, -1.91% for $810 million. The price values the manufacturer, installer and service provider of automatic doors in North America at about 2.4 times its $340 million annual revenue. Allegion said it’s received committed financing from […]
Shares of Newmont Corp. NEM, -3.30% sank 2.1% in premarket trading Friday, after the gold miner reported first-quarter profit and sales that came up shy of forecasts, as costs increased at a faster pace than sales. Net income fell to $48 million, or 56 cents a share, from $559 million, or 70 cents a share, […]