LONDON — European stocks were cautiously higher on Monday after a tumultuous trading week last week. The pan-European Stoxx 600 gained 0.3% by mid-morning after an uncertain start, with construction and material stocks shedding 2% while retail...
On Friday, TikTok announced that it had started routing American users’ data to US-based servers owned by Oracle. But a timely report from BuzzFeed News calls into question what TikTok’s promise really delivers, claiming TikTok employees based in China have “repeatedly”...
One week ago, as cryptocurrency prices plummeted, Celsius Network – an experimental cryptocurrency bank with more than one million customers that has emerged as a leader in the murky world of decentralized finance, or DeFi – announced it was freezing withdrawals...
Noah Davis, the nonfungible token (NFT) specialist at auction house Christie’s, has said he’s leaving the position in July to take up a post as brand lead for the CryptoPunks NFT collection with Yuga Labs. Announcing the...
After Norway and Liechtenstein, Ukraine became the third country outside the European Union (EU) to join the European Blockchain Partnership (EBP), an initiative derived by 27 member states to deliver cross-border public services. The Ministry of Digital Transformation of Ukraine announced the country’s move to join the EBP as an observer on...
Lotteries are one of the most popular types of gaming in the world. People love the thrill of buying a ticket and waiting to see if they’ve won. But what if there was a way to make lotteries even better? That’s where blockchain comes in. Lottochain is a new platform...
The number of total active drilling rigs in the United States rose by 7 this week, according to new data from Baker Hughes published on Friday. The total rig count rose to 740 this week—270 rigs higher than the rig count this time in 2021, but insufficient to ease market...
Revlon has officially filed for bankruptcy. The 90-year-old cosmetics giant announced on Thursday that the company voluntarily petitioned for reorganization under Chapter 11 in the U.S. Bankruptcy Court for the Southern District of New York. Like many other companies, the company has been faced with ongoing global challenges that specifically point...
Tether (USDT), the biggest stablecoin and the third-largest digital currency by market capitalization continues losing its market value amid the current market downturn. On Thursday, USDT’s market cap dropped below $70 billion for the first time since...
The world’s leading industrial nations could discuss the idea of imposing price caps on imports of energy from Russia at a summit later this month, sources with knowledge of the plans told Bloomberg on Friday. The leaders...
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