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The feeling in the crypto and decentralized finance space has been shifting and evolving. The industry is also becoming more scrutinized and, inevitably, more organized. Some weeks ago, United States President Joe Biden signed an Executive Order to expedite and focus regulatory oversight of the $3-trillion industry.  The order will spur the government to examine […]

Russia’s finance ministry shared the amended and finalized crypto bill with the government, which recommends using cryptocurrencies as legal tender. Source: Cointelegraph

Citigroup Inc. C, +1.56% shares rose 1.4% on Thursday after the bank said its first-quarter profit fell 46% to $4.3 billion, or $2.02 per share from $7.9 billion, or $3.62 per diluted share in the year-ago quarter. Revenue fell to $19.2 billion from $19.7 billion, as higher net interest income was more than offset by […]

JD.com Inc. JD, -2.95% is sending more than 100 autonomous vehicles to Shanghai to help the city, which is under a strict lockdown due to a COVID-19 outbreak, with customer order deliveries, mobile cabin hospitals, and more. About 50 indoor delivery robots are being sent to help with the effort as well. “With AI technology […]

Shares of Protagonist Therapeutics Inc. PTGX, -21.83% tumbled 27.8% in premarket trading on Thursday, the day after the company disclosed in a securities filing that it expects data from a Phase 2 clinical trial for its ulcerative colitis treatment candidate in the second quarter. It also told investors that the Food and Drug Administration is […]

Shares of Goldman Sachs Group Inc. GS, -0.10% rallied 1.7% in premarket trading Thursday, which would be enough to keep futures YM00, -0.27% for the Dow Jones Industrial Average DJIA, -0.33% in positive territory, in the wake of bank and broker’s first-quarter earnings report. The stock’s implied price gain would add about 36 points to […]