Day: June 25, 2022
This past week, the decentralized finance (DeFi) ecosystem tried gaining some momentum amid the bear market crash. Uniswap saw a trend reversal and overtook Ethereum regarding network fees paid. However, not all DeFi protocols were as lucky, as Bancor had to pause its “impermanent loss protection” in the wake of a hostile market. DappRadar’s report […]
Shares of Carnival Corp. CCL, +12.44% rallied 3.5% in morning trading Friday, after the cruise operator provided business update for the second quarter, in which cash from operations turned positive but revenue came up short of expectations. The company said second-quarter revenue increased by “nearly 50%” from the sequential first quarter, while the current FactSet […]
The alleged removal is a bit strange considering Bored and Hungry only opened its doors back in April. 4156 Total views 132 Total shares The Los Angeles Times reported Friday that recently opened NFT-themed burger joint Bored & Hungry no longer accepts cryptocurrency as a form of payment for its food. When questioned, one Bored […]
Juul Labs Inc. asked Friday that a federal appeals court temporarily block the the U.S. Food and Drug Administration’s ban on its e-cigarettes, according to a report in The Wall Street Journal. The FDA on Thursday had banned Juul from marketing its vape products in the U.S., as part of its commitment to ensure all […]
The Bitcoin network recorded the year 2022’s lowest power demand of 10.65 gigawatts (GW). At its peak, the BTC network demanded 16.09 GW of power. 3735 Total views 65 Total shares The overall power consumption of the Bitcoin (BTC) network recorded a drastic drop after mimicking the two-week-long fall in the mining hash rate, which […]
Shares of housing market companies enjoyed a broad rally Friday, after data showing that new home sales surprisingly rose, and sharply, in the face of other signs showing a slowdown in the housing sector. The SPDR S&P Homebuilders ETF XHB, +2.80% rallied 2.9% in morning trading, with all 35 components trading higher. Among the more […]
The digital financial environment continues to develop almost every second, which is no surprise to those in the crypto sector. Among such technological advancements, a new project called StrongBlock has popularized the concept of the node as a service (NaaS) on the blockchain. NaaS is an alternative to running entire blockchain nodes on your own; […]
House Speaker Nancy Pelosi, a California Democrat, blasted the Supreme Court’s ruling on Friday that overturns Roe v. Wade, the landmark 1973 decision that established a constitutional right to an abortion. “There’s no point in saying ‘good morning,’ because it certainly is not one. This morning, the radical Supreme Court is eviscerating Americans’ rights and […]
Victor Reklaitis is MarketWatch’s Money & Politics reporter and is based in Washington, D.C. Prior to joining MarketWatch, he served as an assistant editor and reporter at Investor’s Business Daily. Before IBD, he worked for several newspapers in Virginia. Follow Victor on Twitter at: @vicrek. Source: Marketwatch
JPMorgan Chase & Co. JPM, +2.98% on Friday reiterated plans to expand its employee benefits to include coverage of travel expenses for abortions in other states, in the wake of the U.S. Supreme Court’s decision to overturn Roe v. Wade. The bank said the coverage is part of additional benefits taking effect in July. “We […]
