Voyager transferred $154 million USDC off Coinbase this month, Arkham Intelligence says

Voyager, the popular digital asset broker, is in the middle of bankruptcy proceedings, and on-chain data shows that the company’s assets are on the move. According to transaction records, around $154.4 million worth of USDC was transferred from Coinbase to the shuttered exchange’s “Voyager 1” Ethereum wallet this month. Web3 analytics firm Arkham Intelligence confirmed […]

White House scales back plans to regulate US investments in China – Politico

Despite deteriorating relations between the United States and China, US President Joe Biden is expected to forgo any new restrictions on American investment in the country, according to a Monday report from Politico. The news was based on the knowledge of five anonymous people on Capitol Hill and K Street, who said the White House […]

Hims and Hers stock rallies after Q4 beat, subscriber data

Shares of Hims & Hers Health Inc. (HIMS) rose more than 9% in the after-hours session on Monday after the telehealth company reported better-than-expected fourth-quarter results. The company posted a loss of $10.9 million, or 5 cents a share, in the quarter, compared to a loss of $31.2 million, or 15 cents a share, in […]

Axelar Introduces Virtual Machine For Developers Building Cross-Chain Crypto Apps

Axelar, the blockchain network that helps developers build cross-chain crypto apps, is expanding its product suite with the introduction of Axelar Virtual Machine (VM) – a generalized environment for building interconnected blockchains. The introduction of the VM is a step forward in the mission of making it easier for developers to build and deploy decentralized […]

Oil futures settle lower after back-to-back session gains  

Oil prices dropped on Monday after two consecutive sessions of gains. Manish Raj, managing director at Velandera Energy Partners, attributed the fall in oil prices to stubborn inflation data and the fear of a hawkish Federal Reserve. This further complicated the already difficult oil trade, due to the presence of excess inventory. The West Texas […]

Bulls on the sidelines in anticipation of a discount

The EUR/USD currency pair has been on a rollercoaster ride in recent weeks, with the price coming up from the lows in a sharp correction at the start of the week. Currently, the focus is on a continuation of the trend, with 1.0700 eyed on a break of 1.0650 and 1.0670. The price has found […]

Hammerhead Energy stock more than doubles on equity markets debut

Hammerhead Energy Inc. (HHRS) stock skyrocketed on Monday, with a 67.63% surge in share prices, as the Canadian exploration and production company made its debut on the Nasdaq (COMP, +0.95%) and Toronto Stock Exchange. The surge in share prices came after Hammerhead merged with a blank-check company last week. Hammerhead is developing 107,000 net acres […]

Snapchat is adding OpenAI chatbot capabilities for the new My AI feature

In recent times, it seems like every day another tech company is joining the rest of the internet in welcoming AI into their ranks. On Monday, Snapchat announced its launch of My AI, a chatbot powered by OpenAI’s GPT technology, which will be available to $3.99 a month Snapchat Plus subscribers on an experimental basis. […]

Lower inflation without unecessary amount of disruption in job market possible

On Monday, Federal Reserve Governor Philip Jefferson said that it is possible for inflation to decline without an unnecessary amount of disruption in the job market, as reported by Reuters. He also added that more people do better in the US when there are periods of low inflation and sustained growth, and that it is […]