Buy stocks like Whirlpool — not NFTs, asset manager says.
February 05, 2022
Investors should search for stocks like Whirlpool and avoid assets like CryptoPunks NFTs, according to Jeff Henriksen, CEO and founder of Thorpe Abbotts Capital.
Last year, Mark Zuckerberg's 'metaverse' business lost more over $10 billion, and the losses keep growing.
February 03, 2022
For the first time, Meta revealed financials for its metaverse business.
Germany rejects a $5 billion semiconductor deal with a Taiwanese company due to concerns about the country's technological sovereignty.
February 01, 2022
The proposed acquisition cannot proceed as anticipated since Germany's Economic Ministry failed to clear the 4.35 billion euro ($4.9 billion) agreement by the Jan. 31 deadline.
The latest Covid variant is 1.5 times more contagious than omicron and already circulating in almost half of the United States.
January 30, 2022
The omicron subvariant known as BA.2 is 1.5 times more transmissible than the original omicron variant, according to Danish scientists.
Kazakhstan shuts down crypto mining operations till the end of February.
January 27, 2022
Data centres in Kazakhstan that mint cryptocurrencies were disconnected from the country's electrical grid this week and will be unplugged for the remainder of January.
Armenia to invite cryptocurrency miners to set up a base in old thermal power facilities and install coin minting hardware.
January 24, 2022
Armenia is going to invite cryptocurrency miners to install their coin minting hardware in an old thermal power plant.
Bitcoin price falls sharply amid Wall Street sell-off, with value cut in half since November.
January 22, 2022
As the Federal Reserve considers whether to establish a digital currency in the United States, investors are avoiding riskier assets like tech stocks and flocking to cryptocurrencies.
The Bank of Russia has called for a complete ban on cryptocurrency.
January 20, 2022
The central bank of Russia has proposed making cryptocurrency trade, mining, and usage illegal. Cryptocurrency ownership would be permitted.
Walmart is quietly preparing to enter the metaverse.
January 17, 2022
In a separate filing, the company said it would offer users a virtual currency, as well as non-fungible tokens, or NFTs.
On the Ethereum blockchain, Tether has frozen $160 million in USDT stablecoin.
January 14, 2022
The last time Tether froze an account was in late December.