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Shares of General Motors Co. GM, +7.47% surged 5.1% in morning trading Tuesday toward a six-week high, after the auto maker said it the semiconductor supply issues that have plagued the auto industry improved during the fourth quarter. The company said it delivered 440,745 vehicles in the fourth quarter, down 43% from a year ago, […]
Solana reportedly went offline for four hours on Jan. 4, however Solana.Status shows there have been no issues on the network. 7798 Total views 62 Total shares The Solana blockchain has suffered a third incident in just a few months that clogged the network and caused transactions to fail, with users debating whether it was […]
Shares of Toyota Motor Corp TM, +6.92% hiked up 5.0% into record territory, after the Japan-based auto industry giant said Toyota Motor North American (TMNA) recorded December sales of 174,115 vehicles, down 30% on a volume basis from a year ago, but 10% growth in 2021 sales to 2.33 million vehicles. The company said in […]
The raft of bills will help El Salvador’s government establish the legal and financial framework for the $1 billion Bitcoin bond issue, known as Volcano Bonds 1337 Total views 41 Total shares El Salvador’s government, led by President Nayib Bukele, has moved ahead with plans to issue Bitcoin bonds by preparing 20 bills designed to […]
The Centers for Disease Control and Prevention now says that the omicron variant is estimated to make up 95% of all COVID-19 cases in the U.S. for the week ending Jan. 1. This is an increase from the week ending Dec. 25, when omicron was estimated to make up 77% of all cases. This is […]
Around 76% of the total circulating Bitcoin supply is now illiquid according to on-chain analytics from Glassnode. 1409 Total views 27 Total shares Bitcoin markets have been consolidating since the beginning of the year, but on-chain metrics are painting a more positive picture as more of the asset is becoming illiquid. On-chain analytics provider Glassnode […]
U.S. oil prices climbed by more than 1% on Tuesday after major oil producers known as OPEC+ said they would stick to their plan to raise monthly crude production, as expected, by 400,000 barrels per day in February. For now, the omicron variant is not leading to the same hospitalization rates and death associated with […]
Alphabet Inc.’s GOOGL, -0.41% GOOG, -0.45% Google Cloud on Tuesday said it has acquired cybersecurity specialist Siemplify, a provider of security orchestration, automation, and response technologies. Under the deal, estimated at about $500 million, Siemplify will be folded into the Google Cloud Platform. Google and Siemplify declined to comment on the monetary size of the […]
Following a recommendation from the Technical Committee on Emergency Measures for Energy Supply, Kosovo’s Minister of Economy has decided to ban crypto mining. 2514 Total views 76 Total shares The government of Kosovo has ceased crypto mining in the country owing to power constraints during the winter season. Kosovo’s Minister of Economy, Artane Rizvanolli, has […]
The American Petroleum Institute reported late Tuesday that U.S. crude supplies fell by 6.4 million barrels for the week ended Dec. 31, according to sources. The API also reportedly showed weekly inventory increases of 7.1 million barrels for gasoline and 4.3 million barrel for distillates. Crude stocks at the Cushing, Okla., delivery hub rose by […]
