KEY POINTS Delivery Hero CEO Niklas Ostberg said he’s “truly sorry for all shareholders” after the food delivery firm’s stock price plunged 30% on Thursday. Shareholders were spooked after Delivery Hero announced cautious estimates for the coming year. Ostberg vowed to continue with Delivery Hero’s current strategy, with the promise that it would eventually pay off. […]
Experts claim that although China is unlikely to decriminalize crypto soon, NFTs and blockchain still have a place in its Metaverse. Experts say that China’s corner of the Metaverse is likely to evolve very differently to other international markets and that decentralized infrastructure may not be part of the game plan. The Sino Metaverse seems
China’s Metaverse plans: Decentralization not required Read More »
Major altcoins could see further declines if they lose important support levels, traders said. Major altcoins slid on Friday following a dip in the broader market. The total capitalization of the crypto market sank by 2.8% to $2.08 trillion. Altcoins led the decline, which led to an increase in the bitcoin dominance index by 0.5%
SOL, XRP Lead Altcoin Tumble as US Inflation Jumps to 40-Year Highs Read More »
Krafton, the parent company of Bluehole, developers of PUBG, a popular battle royale game that has earned more than $300 million in 2021, announced it will redirect some of its activities toward developing NFT and metaverse-related projects. The company says it has acquired equity in two companies, Seoul Auction Blue and Xbyblue, that will enable
PUBG Developer Parent Company Krafton to Work On NFT and Metaverse Related Projects Read More »
Samsung is showcasing its growing interest in the crypto space with the release of its new flagship phone Galaxy S22 Ultra. The South Korean electronics company announced that the S22 Ultra is equipped with a crypto wallet and users would also be able to store ID documentation and keys in digital format. The electronics giant said that
Samsung Launches New Phone, Featuring Crypto Wallet Equipment Read More »
The award-winning rapper placed bets with bitcoin on the Los Angeles Rams and its wide receiver Odell Beckham Jr. Canadian superstar rapper Drake is using bitcoin to bet that the Los Angeles Rams will beat the Cincinnati Bengals in the upcoming Super Bowl match on Sunday. The award-winning musician shared on Instagram that he placed
DRAKE BETS $1.3M WORTH OF BITCOIN ON SUPER BOWL MATCH Read More »
Binance becomes one of top two largest owners of Forbes after $200M investment Cryptocurrency exchange Binance on Wednesday set up to become one of the top two biggest owners of Forbes Media after taking a $200M stake, according to a release. Binance’s investment is expected to help Forbes maximize its brand and enterprise values, the company said.
Binance becomes one of top two largest owners of Forbes after $200M investment Read More »
BY THE NUMBERS U.S. stock futures turned lower Thursday after government data showed a stronger-than-expected increase in consumer inflation. The 10-year Treasury yield jumped to 1.98%, around late 2019 highs. Earnings season continues Thursday, the morning after Disney reported strong results, sending the Dow stock up 7% in premarket trading. (CNBC) The Dow Jones Industrial Average and the S&P 500 on Wednesday both posted solid advances
What to watch today: Stock futures fell, bond yields rise after strong inflation report Read More »
The golden arches poked fun at crypto investors last month, but the fast-food company has now embraced the metaverse by applying for trademarks of its brand for the virtual world. Iconic American restaurant chain McDonald’s looks like it is preparing to make a move into the metaverse by registering for 10 trademarks in the virtual
McDonald’s files trademarks for McMetaverse restaurants… that deliver Read More »
Another bill was introduced on the same day seeking to make Tennessee the U.S.’s top destination for Bitcoin enthusiasts. A bill was introduced in Tennessee to allow the state and municipalities to invest in bitcoin. Another bill introduced the same day seeks to establish a working group to study how Tennessee could become the nation’s
BILL INTRODUCED TO LET TENNESSEE BUY BITCOIN Read More »
