Latest Market News
Pointing out the potential issues with forking Terra, CZ said that “Minting, forking, don’t create value.” 16899 Total views 7 Total shares Changpeng “CZ” Zhao, the CEO of crypto exchange Binance, recently questioned the idea of hard forking the Terra blockchain as a means to revive the once-thriving LUNA and UST ecosystems. Following up on […]
Despite the risks involved, Terra’s ‘insane volatility’ still serves as an attractive market for many short-term investors — mainly because LUNA momentarily gained 600% in value on May 14. 27532 Total views 41 Total shares It took just seven days for the Terra (LUNA) ecosystem to spiral down as prices came crashing from $85 on […]
At the beginning of May, the British Web3 community celebrated an important legal precedent — the High Court of Justice in London, the closest analog to the United States Supreme Court, has ruled that nonfungible tokens (NFT) represent “private property.” There is a caveat, though: In the court’s ruling, this private property status does not […]
Shares of Apple Inc. AAPL, +3.19% sank 4.7% in afternoon trading Thursday, putting them on track to close at a seven-month low. After sinking 5.2% on Wednesday, the technology behemoth’s stock has now lost 9.6% in two days, the worst two-day performance since it dove 9.9% in the two days ended Sept. 3, 2020. Apple […]
Shares of Twitter Inc. TWTR, -9.67% plunged 17.9% in premarket trading Friday, after Elon Musk tweeted that the deal to buy the social media company was “temporarily on hold.” Musk, the chief executive of electric vehicle maker Tesla Inc. TSLA, +5.71%, said the hold on the deal is “pending details supporting calculation that spam/fake accounts […]
Honest Co. Inc. HNST, +8.19% shares rose 2.1% in Friday premarket trading after it reported a narrower-than-expected first-quarter loss and revenue that was roughly in line with expectations. The company, which produces “clean” beauty, household, and baby products, posted a net loss of $14.6 million, or 16 cents per share, after a loss of $4.5 […]