Coinspeaker

2022-10-20 19:41:51 Liz Truss may come down in the history of the United Kingdom as one of the Prime Ministers with the shortest stay in office as she announced her resignation today.

BMW Group reportedly plans to invest $1.7 billion in the US to develop and build electric vehicles and batteries. According to the German giant, the investment breakdown will see $1 billion go towards producing electric automobiles at its South Carolina facility.

Fidelity Investments, an American multinational financial services corporation, is reportedly planning to start Ethereum trading services, with similar capabilities as Bitcoin trading, on October 28, 2022.

Warner Bros Discover Inc has announced the launch of “The Lord of the Rings: The Fellowship of the Ring” Non-Fungible Tokens as it seeks to deepen its foothold in the Web3.0 ecosystem.

The currency devaluation rocking most countries of the world has shifted to Asia with the Japanese Yen plunging to 150 against the United States Dollar, the lowest level not seen since 1990, about 32 years ago. Open / Comment

2022-10-19 20:01:07 Inflation is burning hot in the United Kingdom as the latest data from the Office for National Statistics published the latest inflation data for September. Per the figures published, inflation retested a 40-year high at 10.1%.

On Tuesday, October 18, Apple Inc made some important announcements revealing a new version of the iPad Pro models. This adds one more gadget to Apple’s arsenal ahead of the holiday shopping season in the US.

Coinbase Global Inc has ostensibly filed an amicus brief in support of a Grayscale Investments lawsuit against the Securities and Exchange Commission for rejecting the firm’s proposal for a spot Bitcoin exchange-traded fund.

American subscription streaming service and production company Netflix Inc reported a better-than-expected fiscal Q3 report, pushing the company’s shares to gain 14.38% in the after-hours session. Open / Comment

2022-10-17 20:40:04 After facing an unprecedented crash for the past few weeks, the British Pound Sterling is recording a new lease of life, riding on the highly anticipated course reversal by the new Finance Minister Jeremy Hunt.

News from the Japanese media has disclosed that the infamous North Korean hacker group, Lazarus, has recently targeted Japanese crypto exchanges.

According to reports Apple is working on a new dock for its iPad series to enhance the tablet’s functionality. The tech giant’s new iPad dock will be capable of turning the devices into a smart display upon user preference.

Polkadot recorded more than 500 contributions every day in September, which is an all-time high for the multichain protocol. A record 26,258 messages were also transferred between its parachains.

Brian Armstrong, the CEO of American cryptocurrency trading platform, Coinbase Global Inc has revealed his plans to liquidate as much as 2% of his stake in the company in order to fund new startups with progressive scientific solutions. Open / Comment

2022-10-13 21:45:27 Amazon is planning to roll out the first two satellites of its space-based internet constellation in early 2023. According to an official announcement on the 12th of October, Amazon said it is launching two prototypes of its Project Kuiper.

The pilot phase of the digital yuan, China’s central bank digital currency project, has recorded close to $14 billion, or 100.04 billion yuan, in transactions. The latest numbers now make the digital yuan, the e-CNY, the most widely adopted CBDC in the world.

In the tough battle to combat rising inflation, Pierre Wunsch, governor of the National Bank of Belgium said the European Central Bank may need to be more aggressive with its interest rate hike.

Digital World Acquisition Corp, the blank check company set to take Truth Social public, saw a jump in its stock after Google added the Trump-owned app to its Play Store.

Binance Global Inc recently completed its hard fork of the BNB Smart Chain network. According to the operator of the world’s largest cryptocurrency exchange Binance, the hard fork was successful. Open / Comment

2022-10-12 18:23:16 Meta chairman and CEO Mark Zuckerberg has debuted the company’s new virtual reality headset, the Meta Quest Pro. The company’s newest headset will start shipping on the 25th of October, retailing at $1,500 a piece.

Luxurious vehicle maker Mercedes-Benz and technology company Microsoft are coming together to bolster efficiency, resilience, and sustainably in vehicle production. The vehicle company is introducing the MO360 Data Platform and connecting its 30-passenger car plants to the Microsoft Cloud.

The S&P 500 slid 0.65% to close at 3,588.84, recording its fifth consecutive losing day ahead of a key inflation report. The leading index’s recent loss is a reflection of the broader state of affairs regarding several US stocks.

In what has turned out to be a historically low downtime for most companies, the pangs of job cut might soon be felt by some staff of American multinational technology conglomerate Intel Corporation.

As more searches related to digital assets get common, tech giant Google is also refining its search engine. A simple Google search can now provide data directly about Ethereum addresses. Open / Comment

2022-10-11 21:43:24 Google has announced a new strategic partnership with a leading crypto exchange Coinbase. The partnership was announced at Google’s Cloud Next conference.

The Organization for Economic Co-operation and Development has released its new global tax reporting framework for crypto assets. This official blueprint has a scope that encompasses stablecoins, crypto derivatives, as well as certain non-fungible tokens.

Blockchain payments firm Ripple Labs Inc is defying the current pangs being stirred by the crypto winter as it has inked a new partnership with two new partners in Europe including Lemonway and Xbaht.

Formula One filed trademarks associated with the cryptocurrency and the NFT world. The race-car league registered eight trademarks under its well-recognized “F1” abbreviation.

CNN has discontinued its “Vault by CNN” Web3 experiment. In a Twitter statement, the multinational cable news channel confirmed the news without providing any specific reason for pulling the plug. Open / Comment

2022-10-10 19:03:35 Ripple is continuing its hiring spree despite the current troubles in the crypto space. The firm announced that it would continue employing even in a bear market so as to distinguish itself from several other cryptocurrency companies that have been forced to let some of its employees leave.

Due to the most recent EU sanctions that just came into force, Dapper Labs is restricting Russian accounts from accessing its services. The NFT company confirmed the restriction after the news made rounds on Twitter.

Amidst the growing concerns about stability in the digital currency ecosystem, the suitability of Justin Sun as the perfect owner for Huobi Global cannot be disputed. But he hasn’t confirmed this info.

FTX CEO Sam Bankman-Fried has announced a series of feature upgrades will be taking place to the FTX matching engine. Exchanges use matching engines to facilitate the processing of buy and sell orders.

The Reserve Bank of India, might be a step closer to issuing its version of a Central Bank-Issued Digital Currency. To this effect, the Reserve Bank of India has revealed its intention to begin testing the e-rupee in a limited pilot launch.

The Bitcoin mining difficulty increased by 13%. The rise occurs as mining systems become more efficient, more miners join the network, and the hash rate increases. Open / Comment

2022-10-05 19:28:34 In a surprising turn of events, Elon Musk renewed his bid to purchase Twitter for the original proposed price of $54.20 per share. A Tuesday regulatory filing revealed that the Elon Musk and Twitter deal could happen as soon as Friday.

Shopping.io announced that they will be integrating the $MATIC cryptocurrency as a form of payment on the platform. As a result, Shopping.io will add the $MATIC crypto to its native payment processor Shopping Pay.

SWIFT has unveiled its blueprint for a Central Bank Digital Currency network. The released blueprint followed the 8-month-long trial that was carried out by the SWIFT Network involving a slew of both central and commercial banks.

Coinbase CEO Brian Armstrong has announced that the company will release a documentary about cryptos and the exchange itself. Named “Coin: A Founder’s Story”, the movie has been created by Coinbase in collaboration with Greg Kohs, 10-time Emmy award-winning director. Open / Comment

2022-10-04 18:20:14 Mastercard is ready to launch a new tool called Crypto Secure that will enable banks to recognize fraud activities related to crypto exchanges on its payment Network.

Celsius Network has set a date for the auction of its assets after the troubled firm filed for bankruptcy. According to the filing with the US Bankruptcy Court dated Monday, the firm has a final bid deadline scheduled for October 17.

Former President of the United States Donald Trump has filed a lawsuit against the media conglomerate, CNN for defamation of his personality. While CNN is yet to respond to the filing or issue a public statement about it, Trump’s camp is asking for the sum of $475 million in punitive damages.

The Bitcoin blockchain is arguably more secure than ever as the network mining hash rate has continued to grow and hit a new All-Time High of 258 EH/s on Oct. 4.

McDonald’s has reportedly begun to accept Bitcoin and Tether as payment in the Swiss town of Lugano. This development is part of an ongoing crypto-friendly experiment in the Italian Switzerland province.

Home prices in the United States are becoming less promising for sellers as it has fallen for the second month in a row. The current outlook of the housing sector has posed a considerable setback for homeowners, most of whom have pulled their adverts for housing in recent times. Open / Comment

2022-09-30 16:52:14 TikTok just delivered another record-breaking quarter as the highest-grossing app in the world in 2022 Q3. The Chinese short-form video hosting service has been steadily making waves with an increasing user base worldwide.

American technology company Meta has announced the expansion of the NFT cross-posting feature to all US Facebook and Instagram users. For a while, only a selected number of US creators and collectors had access to this feature.

Binance is still focused on improving its global presence despite the regulatory challenges faced in several jurisdictions. In a recent announcement, Binance has completed registration with New Zealand’s Ministry of Business, Innovation, and Employment.

MicroStrategy Incorporated has posted a job vacancy as it seeks to onboard a Bitcoin Lightning Software Engineer. According to the job description, the onboarded expert will help the firm in creating a SaaS platform that will help businesses looking to make an entry into the digital currency ecosystem.

New York-based asset manager BlackRock is set to unveil a new metaverse ETF in its latest move in the crypto space. The new fund, iShares Future Metaverse Tech, and Communications ETF will give investors exposure to metaverse-focused companies. Open / Comment