Coinbase discloses recent cyberattack targeting employees
Coinbase, one of the leading crypto exchanges, recently disclosed that it had been the target of a cyberattack on February 5th. The attack was conducted through SMS scams, with the perpetrator impersonating IT staff in order to gain access to the company’s internal systems. Fortunately, no customer funds or information were impacted. The attack began […]
NetApp stock drops 5% as outlook reflects ‘weakening IT spending’
NetApp Inc. (NTAP) shares declined in the extended session Wednesday after the cloud-based data-services company’s forecast came in light as weak business spending poses a challenge. The stock fell as much as 5% after hours, following a 0.2% decline in the regular session to close at $65.83. NetApp forecasted adjusted earnings of $1.30 to $1.40 […]
Forecasts from four major banks, upside revision
The Eurozone Harmonised Index of Consumer Prices (HICP) data for January is due to be released by Eurostat on Thursday, February 23 at 10:00 GMT. As the release date draws closer, economists and researchers from four major banks have shared their expectations for the upcoming EU inflation print. The consensus is that the headline HICP […]
Five9’s stock drops on widening quarterly loss
Five9 Inc.’s stock (FIVN) dove more than 6% in extended trading Wednesday after the cloud-software reported a widening quarterly loss. For the fiscal fourth-quarter, Five9 reported a net loss of $13.65 million, or 19 cents a share, compared to the net loss of $3.6 million, or 5 cents a share, in the same quarter the […]
Binance Adds SSV/USDT & VIB/USDT Trading Pairs
Fellow Binancians, We are pleased to announce that Binance will be opening trading for the SSV/USDT and VIB/USDT trading pairs at 2023-02-24 08:00 (UTC). This is a great opportunity for traders to take advantage of the new trading pairs and start trading on Binance Spot. To ensure a smooth and successful trading experience, we encourage […]
RackSpace stock jumps 15% after earnings beat
Shares of RackSpace Technology Inc. (RXT) were in the spotlight Wednesday after the cloud-computing company reported better-than-expected fourth-quarter results. The stock rallied more than 15% in the extended session, as investors cheered the news. RackSpace reported a net loss of $214 million, or $1.01 a share, in the fourth quarter of 2021, compared with a […]
AUD/USD extends recovery to near 0.6840 as investors digest hawkish Fed minutes
The AUD/USD pair has been on the rise in the Asian session, extending its recovery to near 0.6840. The Aussie asset has gained strength as investors have overlooked the volatility caused by the release of the hawkish Federal Open Market Committee (FOMC) minutes. This has been reflected in the S&P500 futures, which have seen a […]
Only 0.04% of Ethereum validators have been slashed since 2020, says core dev
The Ethereum ecosystem has seen only 226 validators slashed since the launch of the Beacon Chain on Dec. 1, 2022 — amounting to just 0.04% of 524,060 validators, according to an Ethereum core developer. Slashing is a process where a validator breaches the proof-of-stake consensus rules, which often results in the removal of that validator […]
Bumble stock drops after company reports wider Q4 loss
Bumble Inc. (BMBL) shares dropped nearly 7% in the extended session Wednesday after the online dating company reported mixed quarterly results. The company reported a fourth-quarter loss of $159 million, or 85 cents a share, compared to the year-ago period’s loss of $14 million, or 7 cents a share. Revenue rose 17% to $241.6 million, […]
EUR/JPY sees a downside below 143.00 ahead of Japan’s inflation and BoJ Ueda speech
The EUR/JPY is trading in a back-and-forth pattern around the 143.00 level in the Asian session. Investors are keeping a close eye on the Bank of Japan (BoJ) Governor nominee Kazuo Ueda’s speech, scheduled for Friday. It is expected that Ueda will discuss the transition from the decade-long ultra-loose monetary policy managed by the BoJ. […]