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Over 75% of Web3 games ‘failed’ in last five years: CoinGecko

The “failed” blockchain games are those that have seen their 14-day moving average number of active users down more than 99% from its peak.

Cryptocurrency

30 Nov 2023

Goerli Long Term Support Update

In the coming months, Goerli, Ethereum's first multi-client testnet, will stop being supported by client and EF testing teams. The Dencun network upgrade will be the last one implemented on the network. Either three months after the Goerli Dencun acti...

Cryptocurrency

30 Nov 2023

Celo Developer Proposes Mid-January Timeline for Evaluating Closely Watched Layer-2 Move

With hot competition between layer-2 technology providers like Optimism, Polygon and Matter Labs, Celo's choice is being closely watched by the blockchain industry.

Cryptocurrency

29 Nov 2023

: Nutanix’s stock rises on earnings, revenue beats

Nutanix Inc.’s NTNX stock jumped more than 6% in extended trading Wednesday after the cloud-software company reported quarterly results that eclipsed analyst revenue and earnings estimates. Nutanix reported a fiscal-first-quarter net loss of $15.8 mill...

News

29 Nov 2023

Can Sony and Microsoft bring blockchain to gaming consoles?

Sony and Microsoft are angling to get into crypto gaming. Will they be able to succeed where others in the industry have failed?

Cryptocurrency

29 Nov 2023

Outrage ChatGPT won’t say slurs, Q* ‘breaks encryption’, 99% fake web: AI Eye

Elon Musk claims ChatGPT has been infected with “woke mind virus”, 4chan thinks OpenAI broke all encryption, and the web seems 99% AI fakes.

Cryptocurrency

29 Nov 2023

FTX Gets Court Approval to Sell $873M Worth of Grayscale, Bitwise Trust Assets

FTX held shares of five Grayscale Trusts totaling $691 million and one Bitwise trust, amounting to $53 million as of Oct. 25, according to an earlier court filing.

Cryptocurrency

29 Nov 2023

: La-Z-Boy stock gains 5% after company’s earnings beat, dividend increase

Shares of La-Z-Boy Inc. LZB rose 4% in the extended session Wednesday after the company reported second-quarter earnings above expectations and increased its dividend by 10%. La-Z-Boy earned $27 million, or 63 cents a share, in the quarter, compared wi...

News

29 Nov 2023

: Disney names Gorman, Darroch to board

Walt Disney Company Co.’s DIS board of directors on Wednesday added James P. Gorman, chairman and chief executive of Morgan Stanley MS, and Sir Jeremy Darroch, a veteran media executive and former group CEO of Sky. Darroch’s appointment is effective Ja...

News

29 Nov 2023

: GameStop’s stock soars 20% to best in two months

Shares of GameStop Corp. GME ran up 20% on Wednesday to end at $16.25, their best since Sept. 29, as the original “meme” stock continued to get a boost from aggressive bets by options traders. The consumer electronics and videogame retailer’s stock sho...

News

29 Nov 2023

: Victoria’s Secret’s stock rises on fourth-quarter earnings guidance

Victoria’s Secret & Co.’s VSCO stock is up 2% in after-hours trading Wednesday after the retail store reported quarterly results. Victoria’s Secret reported a fiscal-third-quarter net loss of $71.2 million, or 92 cents a share, compared with net income...

News

29 Nov 2023

: Calvin Klein parent PVH’s sales grow 4%, but stock slides

PVH Corp. shares PVH dropped more than 3% in the extended session Wednesday after the parent of the Calvin Klein and Tommy Hilfiger brands raised its per-share expectations for the year but reported third-quarter revenue slightly below Wall Street expe...

News

29 Nov 2023

S&P Slips, Halting November Gains

Stocks wavered Wednesday, dampening a November rally that has sent the S&P 500 toward its best month since July 2022.

News

29 Nov 2023

: Pure Storage’s stock tanks 14% after tech company calls for worse-than-expected current quarter, year

Shares of Pure Storage Inc. PSTG dropped more than 14% in the extended session Wednesday after the tech company reported fiscal third-quarter earnings above Wall Street expectations but guidance for its current quarter and full 2024 disappointed. Pure ...

News

29 Nov 2023

: Costco’s November sales rise 5.1%

Costco Wholesale Corp. COST said late Wednesday its November sales rose 5.1% to $20.14 billion, from $19.17 billion in November 2022. Same-store sales rose 3.5%, the retailer said, while e-commerce sales increased 9.9%. Shares of Costco rose 0.3% in th...

News

29 Nov 2023

Grayscale Gears Up for Spot Bitcoin ETF, Updating Trust Agreement for Sake of ‘Operational Efficiencies’

The changes involve the fee structure, and how assets can be custodies for smoother share creation and redemptions

Cryptocurrency

29 Nov 2023

Cigna, Humana in Talks for Blockbuster Merger

A cash-and-stock deal between the health-insurance giants could be struck by year-end.

News

29 Nov 2023

CME Bitcoin futures show investors betting on $40K BTC price

The Bitcoin futures annualized premium jumped to 34% on Nov. 28, leading analysts to speculate about an imminent spot BTC ETF approval.

Cryptocurrency

29 Nov 2023

Binance will end support for BUSD stablecoin in December

Many users' Binance USD balances will automatically be converted into First Digital USD starting on Dec. 31.

Cryptocurrency

29 Nov 2023

: Stocks end mostly lower, but head for big monthly gains

Stocks ended mostly a shade lower on Wednesday, but remained on track for the biggest monthly gains of 2023. The Dow Jones Industrial Average DJIA eked out a gain of around 14 points, or less than 0.1%, to close near 35,431, according to preliminary fi...

News

29 Nov 2023

Charlie Munger’s Life Was About Way More Than Money

Few people have been wealthier, in all the senses of the word, than the brilliant billionaire investor.

News

29 Nov 2023

Estonian court nixes extradition of accused crypto scammers to US

Ivan Turogin and Sergei Potapenko are suspected in a $575 million fraud case, but they can’t be exposed to U.S. detention conditions.

Cryptocurrency

29 Nov 2023

US deputy treasury secretary calls for additional tools to sanction crypto firms

Wally Adeyemo cited a recent settlement with crypto exchange Binance and sanctions against crypto mixer Sinbad in calling for an expansion of the U.S. Treasury’s authority.

Cryptocurrency

29 Nov 2023

: Dow Jones up 80 points, but off session highs in final hour of trade

U.S. stocks were trading below the session’s highs in the final hour of trade, but still were on pace to book their biggest month of gains of the year. The Dow Jones Industrial Average DJIA was about 80 points higher, or 0.2%, trading near 35,499. That...

News

29 Nov 2023

Square Enix auction dates, Azuki DAO rebrands to Bean: Nifty Newsletter

Game developer Square Enix announced the auction dates for NFTs of its upcoming blockchain game Symbiogenesis.

Cryptocurrency

29 Nov 2023

U.S. Treasury Campaigning for Amplified Powers to Chase Crypto Overseas

The U.S. Department of the Treasury is pressing lawmakers for a new set of powers that would give the government unprecedented enforcement and sanctions authority over the crypto sector, including the ability to roam well beyond American borders and ge...

Cryptocurrency

29 Nov 2023

: U.S. oil futures settle at a 2-week high ahead of OPEC+ output decision

U.S. oil futures settled at their highest in about two weeks Wednesday, ahead of Thursday’s much-anticipated OPEC+ decision on oil output. “Uncertainty has gripped the market since the group failed to reach a consensus,” said Robbie Fraser, manager, Gl...

News

29 Nov 2023

Insurance Companies Philippines

Here is the list of insurance companies in the Philippines whose licences are renewed until the year 2018 by the Insurance Commission. The list is in no particular order. Life insurance companies Philippine AXA Life Insurance Coporation Allianz PNB Lif...

News

29 Nov 2023

Oil Price Forecast: WTI Faces Technical Hurdles as OPEC+ Rumors Swirl

Oil prices continue to advance as news filtered through regarding the possibility of additional cuts by OPEC+ at tomorrow's meeting. News remains murky but market participants are running with it. Can an OPEC+ cut push WTI back above the $80 mark?

Forex

29 Nov 2023

‘A Politician Masquerading as a Regulator’ – 3 Takeaways From Fortune’s Gary Gensler Profile

An in-depth magazine story about the SEC chair reveals the breadth of the man’s ambition and the limitations of his record.

Cryptocurrency

29 Nov 2023