Tesla Stock boom as they Holds Millions of Bitcoin
Tesla’s net income (GAAP) for the third quarter of 2022 was $3.33 billion. In the third quarter, Tesla (TSLA) didn’t sell any of its bitcoin holdings. Tesla reported adjusted earnings…
Jim Rogers says Upcoming Recession to Be Severe
Jim Rogers says the upcoming recession must be the worst in his lifetime.Consumer Price Index in September surged to 8.1%.In a recent interview, Jim Rogers, an famed investor who launched…
5 NFT Collections by Sales Volume
NFT sales rate was over $12 million with more than 35K buyers, in the last 24 hrs.Four belong to the Ethereum platform and one is based on the Solana network.The…
Flipkart launched “Flipverse” a Metaverse Shopping Platform
Flipverse shopping will be available until October 23rd.Flipkart’s metaverse-based shopping would support 15 brands. Flipkart, one of the largest e-commerce firms in India, has partnered with decentralized music and entertainment…
Azuki NFT Platform Introduces Physical Backed Token.
PBT is an open-source token standard that ties a physical item to a digital token on the Ethereum blockchain. As per Azuki, everyone is free to use the PBT standard…
Meta parent company of Facebook Asked To Sell GIPHY by UK Competition Authority
The authorities have never before stopped a deal of this magnitude. Meta appreciates the help of the GIPHY team during this pivotal time. The UK competition authority has ruled against…
Japan Amended KYC Rules to Combat Money Laundering
A legal framework governing cryptocurrencies was first adopted in Japan. After Terra Luna collapsed in 2022, a bill was passed allowing licensed banks to use stablecoins. The Japanese government endorsed…
Ethereum Foundation Launches Pre-Shanghai Testnet ‘Shandong’
Proto-danksharding is a hotly debated improvement expected in Shanghai upgrade. It is still unclear which recommendations will be included in Shanghai. On Friday, the Ethereum Foundation announced the launch of…
US Regulators increase a water-tight Scrutiny of the Crypto Industry
CFTC and SEC are looking into various potential legal infractions. US regulators are also looking closely at Celsius.According to Bloomberg News on Monday the Commodity Futures Trading Commission (CFTC) and…
Australian Authorities Suspend Holon’s Crypto Investment Funds
Due to Holon Investments’ non-compliant TMD, ASIC has suspended funds.Holon’s investment is indeed the ability to sell or distribute three cryptocurrency funds to retail investors.According to a press release, the…