Virgin Orbit: filing for bankruptcy protection

05.04.2023
Shares in Virgin Orbit (VORB), the satellite start-up that spun off from Virgin Galactic in 2017, closed at 15 cents a share on Tuesday after filing for Chapter 11 bankruptcy. The Long Beach, California-based company...
Read more

Paxful closes bitcoin exchange

05.04.2023
All customer funds are accounted for and protecting customer assets is a priority for the exchange. He also urged clients to withdraw and safeguard their assets themselves. The exchange's regulatory concerns stem mainly from the...
Read more

Cryptocurrency exchange Bittrex shuts down operations in the US

03.04.2023
Regulatory requirements are often unclear and applied without adequate discussion or participation, resulting in an uneven competitive landscape. The exchange said trading on the platform will be permitted until 14 April and all customer funds...
Read more

McDonald’s preparing layoffs

03.04.2023
McDonald's is expected to lay off a number of corporate employees in the coming days in what will be a big week for the US labour market. Fast-food restaurant chain McDonald's (ticker: MCD) is temporarily...
Read more

Bitcoin miner TeraWulf reports 146% revenue growth

31.03.2023
Nasdaq-listed TeraWulf, which began operations in March last year, reported a 146 percent year-on-year increase in fourth-quarter revenue, thanks to an expansion in mining capacity at its US-based facility. TeraWulf reported revenue of $9.6 million...
Read more