News

Apr 20
Monero’s crypto of choice as ransomware ‘double extortion’ attacks increase 500%

A surge in ransomware in 2021 has also resulted in a surge in Monero usage as the method of payment, as more criminal groups want only XMR. 2490 Total views 65 Total shares A new report by blockchain analytics firm CipherTrace highlights the growing role that privacy-focused cryptocurrencies such as Monero are playing in the […]

Apr 20
Moderna says bivalent COVID-19 booster provides more protection against omicron than the approved booster

An earlier version of this story cited the wrong booster candidate. The booster cited by Moderna is a mix of beta mutations and the original strain of the virus, and the company’s “lead candidate” for the fall is a mix of omicron and the original strain of the virus. Shares of Moderna Inc. MRNA, -1.31% […]

Apr 20
Optimism-based projects spike on rumors of token airdrop

“We’re nearing the end of a chapter and the beginning of the next — one driven by community ownership and governance,” noted Optimism. 1232 Total views 54 Total shares The native token prices from multiple projects that employ Ethereum Layer 2 scaling solution Optimism have spiked around 20% amid rumors that the network will soon […]

Apr 20
Dow transports enjoy unanimous rally, led by Avis Budget, American Airlines

The Dow Jones Transportation Average DJT, +2.76% powered up 2.6% in midday trading Tuesday, with all 20 components gaining ground. The biggest boost to the index was Avis Budget Group Inc.’s stock CAR, +7.08%, which hiked up 7.0%. The stock’s price gain of $18.52 was adding about 113 points to the Dow transports’ price, which […]

Apr 20
Agent Smith says Secret Service seized $102M in crypto in 254 cases since 2015

A top official from the U.S. Secret Service (USSS) says the agency can track the flow of Bitcoin and other cryptocurrencies in a similar manner to email addresses, and it has seized more than $102 million in crypto across 254 cases since 2015. USSS assistant director of investigations David Smith told CNBC that the transparent […]

Apr 20
Southern Co. raises dividend to boost implied yield above 3.5%

Shares of Southern Co. SO, +0.58% rose 0.1% in afternoon trading Tuesday, after the electric and gas distribution company said its quarterly dividend was being raised by 3.0%, to boost the dividend yield above 3.5%. The new quarterly dividend of 68 cents a share, up from 66 cents, will be payable June 6 to shareholders […]