News

Aug 09
KBW 2022: Digital property rights key to thriving Web3 economy — Animoca’s Yat Siu

Robust property rights in the physical world are one of the key indicators of a wealthy economy — and that’s exactly what digital property rights enable in Web3, says Animoca’s co-founder. 169 Total views 4 Total shares Yat Siu, co-founder of Hong Kong-based venture firm Animoca Brands has argued that on-chain digital property rights are the main […]

Aug 09
Dow ekes out gain, S&P 500 and Nasdaq book slight declines as investors await U.S. inflation update

U.S. stocks closed mostly lower Monday, but only slightly changed from Friday’s finish as investors awaited a highly anticipated update on U.S. inflation. The Dow Jones Industrial Average DJIA, +0.09% added about 28 points, or 0.1%, closing near 32,831, after briefly topping the 33,000 mark earlier Monday. The S&P 500 index SPX, -0.12% shed 0.1%, […]

Aug 09
Institutions flocking to Ethereum for 7 straight weeks as Merge nears: Report

“Greater clarity” around the Merge has driven institutional inflows into Ethereum products, according to a CoinShares report. 1075 Total views 20 Total shares Institutional investors are piling into Ether-based digital asset funds, which have recorded seven straight weeks of positive inflows, according to the latest CoinShares report.  Said inflows reached $16.3 million last week, adding […]

Aug 09
Singer Olivia Newton-John dies at 73, family says

Singer and actress Olivia Newton-John died Monday at age 73, her husband said in a statement posted to her official Facebook page. The singer, born in England, is known for her role in “Grease” and songs including “I Honestly Love You.” “Olivia has been a symbol of triumphs and hope for over 30 years sharing […]

Aug 09
F2Pool co-founder responds to allegations it’s cheating the Ethereum POW system

The response comes after researchers in Israel alleged the mining pool has been manipulating Ethereum block timestamps to obtain higher mining rewards. 78 Total views 3 Total shares F2Pool co-founder Chun Wang has responded to allegations that his mining pool has been manipulating Ethereum block timestamps to “obtain consistently higher mining rewards.” The allegations came from […]

Aug 09
Clover Health stock drops after mixed earnings, announcement of impending CEO change

Shares of Clover Health Investments Corp. CLOV, +4.29%, which offers insurance plans to Medicare Advantage members, were off more than 6% in after-hours trading Monday after the company delivered a mixed earnings report and disclosed that its chief executive would be stepping down from that post at year’s end. The company posted a net loss […]