(Bloomberg) Shares of Chinese giants including Alibaba, Pinduoduo, and JD.com rose on Tuesday as reports emerged that state backed funds were buying the shares. The move by the Chinese state-backed…
(Cointelegraph) Block Inc.’s Cash App now supports the layer-2 scaling Lightning Network for fast transfers of Bitcoin. Following the integration, Cash App users can send Bitcoin to any Lightning or…
(Pfizer) Shares of Pfizer Inc. plunged more than 4% on Tuesday after the biotech company raised its vaccine sales by $1 billion to $32 billion in FY22, below forecasts of…
(WSJ) Peloton co-founder John Foley will end his 10-year role as CEO of the company and assume the role of an executive chair. Foley will be replaced by Barry McCarthy,…
(Baidu) China has started testing its central bank digital currency at the 2022 winter Olympics, moving ahead of its global peers. The digital yuan or eCNY is being offered to…
(BP) Oil giant British Petroleum posted a net profit of $4.1 billion in the fourth quarter of 2021, more than an estimated $3.9 billion. The company’s underlying replacement cost profit,…
(NEWSBTC) Valkyrie’s Bitcoin Mining ETF will be listed on Nasdaq on Tuesday, February 8, after winning the approval of the Securities and Exchange Commission. The investment vehicle will have 80%…
(Cision) Privately held accounting firm KPMG has bought its first crypto assets at its Canadian branch, with both Bitcoin and Ethereum the first to be acquired. The accounting firm added…
(WSJ) Softbank says it will pursue a public listing of its UK-based chip entity Arm following a collapse of the blockbuster $40 billion deal by Nvidia. The decision to call…
(CNBC) Meta has said it will cut off European users from Facebook and Instagram if its regulators block the transfer of data to the US. Meta says the block could…
(Reuters) Major cryptocurrency firms led by Coinbase, Circle, Huobi Capital, and BitMex have come together for a new group, dubbed Crypto Market Integrity Coalition. The group, aimed at eradicating market…
(SEC) The total fair market value of Bitcoin holdings by electric maker Tesla was $1.99 billion as of December 31, 2021, with impairment losses in the year at $101 million.…