Amazon’s Web3 entry will be a nightmare for compliance

30.01.2023
Amazon is rumored to be about to introduce an NFT initiative, part of the retail giant's larger push into Web3. The project could cause significant regulatory problems. Amazon is rumored to be about to unveil...
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A giant Swiss bank was buying up Intel stock

30.01.2023
A large Swiss bank made a "call" in chip stocks and also added to media and entertainment stocks. Julius Baer of Zurich bought shares of Intel INTC -6.41% (ticker: INTC), Walt Disney DIS -0.15% (DIS)...
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SEC rejects another ARK proposal to create Spot Bitcoin ETF

27.01.2023
Another day, another refusal by the Securities and Exchange Commission (SEC) to allow the launch of a spot bitcoin ETF in the United States. The latest rejected proposal came from ARK Invest, who joined forces...
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LG Energy Solution is optimistic about the North American market outlook

27.01.2023
Battery maker LG Energy Solution (LGES) said Friday that demand for electric vehicle (EV) batteries in North America is likely to remain strong this year, boosting its revenue. The South Korean company, which supplies products...
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Cryptocurrency exchange Luno announces the layoff of 35% of employees

26.01.2023
Luno, the cryptocurrency exchange owned by Digital Currency Group, announced Wednesday a large number of job cuts. The layoffs will affect 35 percent of Luno's workforce. They came after what Swanepoel called "an incredibly difficult...
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