Cryptocurrency lender Celsius’ failed auction

24.04.2023
Bankrupt cryptocurrency lender Celsius Network Ltd. has attracted two new bidders in a three-way auction set for Tuesday, according to Saturday's announcement from Kirkland & Ellis, which is overseeing the bankruptcy. NovaWulf Digital Management's earlier...
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How Hyundai Motor rose to 3rd place in the US car market

24.04.2023
It's no secret that the automotive industry has endured some turbulent years: chip shortages, price volatility and a rapid shift to clean technology are just some of the challenges the sector continues to face. Amid...
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SAP profits exceed forecasts, but sales of cloud solutions disappoint

21.04.2023
SAP SAP +0.31% reported strong first-quarter results on Friday, but shares in the German software giant are falling after sales in its key cloud division fell short of expectations and the group adjusted its outlook...
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Bitcoin’s mining difficulty increased by 1.7% to a record high

21.04.2023
The bitcoin mining difficulty level increased by 1.72% on Thursday, reaching a record high, while the network's hash rate increased, indicating that miners are using more processing power. The difficulty level changes roughly every fortnight...
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FTX crypto-exchange relaunch plan

19.04.2023
FTX's potential plan to relaunch the crypto exchange has attracted the interest of Tribe Capital, the venture capital firm that invested in the platform before FTX collapsed, and is now considering injecting new capital to...
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