Top European Stocks to plummet 10% in the summer-Morgan Stanley
Morgan Stanley has predicted that the top European stocks may fall by over 10% this summer as a harsh economic season grapples the Euro Zone. Morgan Stanley has already cut its sector rating on financial to neutral in favour of Pharmaceuticals.
Apple Vision Pro headset reveal resuscitates debate on metaverse vs virtual reality
Apple Vision Pro headset revealed at the WWDC on June 5 and dubbed the first special computer edging out VR, AR and metaverses.
CFTC, Coinbase, and Robinhood to testify in Congress over draft crypto bill
CFTC, Coinbase and Robinhood have been called up to testify in the U.S. on June 6, 2023, regarding a newly proposed crypto regulation bill
A crypto crash occurs following SEC’s lawsuit against Binance
The Binance lawsuit has triggered a soft crypto crash, significantly decreasing major cryptos prices. At the moment of writing, Coinbase Stocks were down by 10%, while Binance had suffered a $700M+ in outflows
CZ laments SEC’s attack on Crypto
Binance CEO Changpeng Zhao (CZ) has expressed concern with the U.S. SEC after it sued the U.S. installment of the exchange. This branch has been operating away from the international one offering lesser crypto assets to comply with the U.S. regulations.
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Hot Stories
Coinbase launches international exchange amid tensions with SEC
Coinbase, one of the largest crypto exchanges by trading volume, has launched an international platform following tensions with US SEC. The exchange will roll out Bitcoin and Ethereum perpetual futures trading to commence trading. Coinbase takes a giant step following...
Uber revenue rises, pulling its stock higher than expected
Uber reported its Q1 results on Tuesday, showing higher performance than analysts’ expectations. It has recorded a revenue increase of 29% YoY Uber revenue rises 29% for Q1 2023 YoY Taxify company Uber gained 9% in its shares pre-market trading Tuesday after it...
Samsung employees banned from using generative AI tools
Samsung has issued a company-wide ban against generative AI tools like ChatGPT on all internally owned devices and networks. The company is now among the growing number that detests using AI tools. Battle against AI tools continues Samsung has joined a number of...
Coinbase faces a lawsuit over alleged privacy violations
A class action lawsuit has been proposed against Coinbase regarding the violation of customer privacy via biometrics collections. The lawsuit claims that the company went against the privacy laws set in Illinois when it collected and stored its users' fingerprints and...
Nigeria SEC preparing to license digital assets companies
Nigeria’s Securities and Exchange Commision has expressed interest in licensing digital assets companies to operate in the country. The Commission, however, wants to allow the trading of assets based on financial products like Equity, Debt or property but not...
Binance warns Justin Sun not to farm SUI tokens using TUSD
Binance has warned Justin Sun of possible legal action if he uses TUSD to farm SUI tokens on the Binance Launchpool. The exchange’s CEO, Changpeng Zhao, has asked Justin Sun not to try to farm SUI tokens using TUSD after he deposited over $59M in TUSD today. ...