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: U.S. stocks open higher after GDP report as Treasury yields fall

U.S. stocks opened higher on Wednesday as Treasury yields fell and investors digested an estimate on economic growth in the third quarter that was revised higher. The Dow Jones Industrial Average DJIA was up 0.1% soon after the opening bell, while the ...
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News
29 Nov 2023

Real AI use cases in crypto, No. 3: Smart contract audits & cybersecurity


Experts say AI has huge potential in smart contract audits and crypto security in future. Unfortunately, ChatGPT sucks at it right now.
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Cryptocurrency
29 Nov 2023

Poloniex prepares to resume withdrawals after $100M hack


Poloniex says it will start resuming deposits on Nov. 30 with TRX, the cryptocurrency of Justin Sun’s Tron blockchain.
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Cryptocurrency
29 Nov 2023

: Rover’s stock rockets after $2.3 billion cash buyout deal with Blackstone

Shares of Rover Group Inc. ROVR rocketed 27.1% in premarket trading, putting them on track for a record one-day gain, after the online pet-care marketplace announced an agreement to be acquired by Blackstone Inc. BX in a cash deal valued at $2.3 billio...
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News
29 Nov 2023

Bitcoin NFT marketplace Bioniq eyes lofty goal of alleviating network congestion


Bioniq operates on the Internet Computer Protocol, tapping into native Bitcoin integration to ease the network congestion and high fees associated with Ordinals inscriptions.
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Cryptocurrency
29 Nov 2023

: Bed Bath & Beyond parent names co-chairs as management mandates ‘intense’ restructuring

Shares of Beyond Inc. BYON jumped 7.3% toward a two-month high in premarket trading Wednesday, after the parent of Bed Bath & Beyond and the company formerly known as Overstock said Chairperson Allison Abraham will now share the chairperson title with ...
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News
29 Nov 2023

EU Breaking News: German Inflation Drops as Disinflationary Trend Continues

Disinflation in Europe is ramping up as price pressures appear to be rising at a slower rate in the month of November according to preliminary data
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Forex
29 Nov 2023

: Phillips 66′ stock soars 6% after Elliott Management discloses $1 billion stake and says it sees 75% upside

Phillips 66’s stock PSX rose 6% in premarket trade Wednesday, after Elliott Investment Management LP said it has accrued a roughly $1 billion investment in the energy company and sees potential upside of about 75%. The hedge fund of activist investor P...
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News
29 Nov 2023

Iota launches $100M Abu Dhabi foundation for Middle East expansion


The Iota Ecosystem DLT Foundation is the first to receive approval from regulators in Abu Dhabi after its financial authority passed a new, related law earlier in the month.
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Cryptocurrency
29 Nov 2023

Huddle01 CEO explains why communications tech must be decentralized


Huddle01 CEO Ayush Ranjan tells The Agenda podcast why centralized communications technology is unreliable and requires a decentralized alternative.
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Cryptocurrency
29 Nov 2023

First Mover Americas: Standard Chartered Bank Thinks BTC Will Reach $100K by End of 2024

The latest price moves in bitcoin [BTC] and crypto markets in context for Nov. 29, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
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Cryptocurrency
29 Nov 2023

: Open Text selling unit to Bain Capital-backed Rocket Software for $2.28B

Open Text Corp.’s stock OTEX was up by 2% in premarket trading on Wednesday, a day after the company said it would sell its AMC business unit to Rocket Software Inc., a Bain Capital portfolio company, for $2.28 billion in cash. OpenText’s AMC unit spec...
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News
29 Nov 2023

: Martha Stewart launches CBD line with backing from Canopy Growth, Marquee Brands

Martha Stewart CBD on Wednesday unveiled a line of CBD edibles offering aid in sleep and other potential wellness benefits, with backing from Canopy Growth Corp. CGCCA:WEED as well as Marquee Brands, a licensing and development company backed by Neuber...
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News
29 Nov 2023

: Dollar Tree’s stock drops after earnings, sales miss expectations amid softer demand

Shares of Dollar Tree Inc. DLTR sank 2.1% in premarket trading Wednesday, after the discount retailer missed fiscal third-quarter earnings and sales expectations, but provided an in-line outlook for the current quarter. Net income for the quarter to Oc...
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News
29 Nov 2023

Bitcoin Group Addressing ‘Serious Deficits’ in Money Laundering Measures Flagged by German Regulator

The group reportedly said Wednesday that it has "no indications of violations of money laundering and terrorist financing laws."
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Cryptocurrency
29 Nov 2023

: Petco’s stock plunges after surprise loss reported, outlook slashed amid ‘challenging consumer environment’

Shares of Petco Health & Wellness Co. Inc. WOOF tumbled 14.3% in premarket trading Wednesday, after the pet care products retailer reported a surprise fiscal third-quarter loss and slashed its full-year outlook, and said it was taking “swift and decisi...
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News
29 Nov 2023

Santander Selects Crypto Custody Firm Taurus for Safeguarding: Source

Santander Private Bank last week said it was offering bitcoin and ether trading for clients with accounts in Switzerland.
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Cryptocurrency
29 Nov 2023

: Companies agree to pay $110M settlement for PFAS chemicals in Ohio

The Chemours Co. CC said Wednesday it reached a settlement with the State of Ohio along with DuPont de Nemours Inc. DD and Corteva Inc. CTVA for $110 million to resolve claims related to the manufacture and sale of per- and polyfluoroalkyl substances (...
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News
29 Nov 2023

British Pound Latest: GBP/USD Consolidates After Latest Surge Higher

Ongoing US dollar weakness has allowed cable to push higher over the last month and with future rate expectations widening between the two currencies, the move may have more to go.
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Forex
29 Nov 2023

Blast’s One-Week, $600M Haul Shows Promise of Yield, Pitfalls of Hype

The idea of a yield-paying layer-2 blockchain atop Ethereum has clearly demonstrated market allure. But even the project's biggest investor has taken issue with the execution and marketing surrounding the initial rollout.
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Cryptocurrency
29 Nov 2023

: KKR to acquire remaining 37% stake of insurer Global Atlantic for about $2.7 billion in cash

KKR & Co. Inc. KKR and Global Atlantic Financial Group LLC said Wednesday they have reached an agreement for KKR to acquire the remaining 37% stake of insurer Global Atlantic, boosting its stake to 100%. The private equity firm will pay about $2.7 bill...
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News
29 Nov 2023

: Foot Locker’s stock leaps toward 4-month high after a triple beat in earnings and improved sales outlook

Shares of Foot Locker Inc. FL ran up 11.2% toward a four-month high in premarket trading Wednesday, after the athletic footwear retailer reported fiscal third-quarter beat profit, revenue and same-store sales expectations, citing improved conversion tr...
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News
29 Nov 2023

Crypto Firms That Act Like Banks Should Be Regulated Like Them, ECB Official Says

But supervision of bank-like crypto firms could be a pain for regulators, said Andrea Enria, chair of the supervisory board at the European Central Bank.
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Cryptocurrency
29 Nov 2023

Dogecoin Funded SpaceX ‘Doge-1’ Moon Mission Gets a Step Closer to Launch

Doge-1 is a cube satellite that will orbit the moon and broadcast a video feed.
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Cryptocurrency
29 Nov 2023

: Birkenstock’s stock closes a whisker below its IPO issue price for the first time

Birkenstock Holding PLC’s stock BIRK is edging close to its initial public offering price after closing Tuesday at $45.38, just below the IPO issue price of $46. The iconic German sandal-maker’s stock has not yet traded at that level after it went publ...
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News
29 Nov 2023

: GM’s stock soars 5% after company reinstates 2023 guidance and announces $10 billion accelerated share buyback

General Motors Co.’s stock GM soared 5% early Wednesday, after the car maker said its reinstating its 2023 earnings guidance and conducting a $10 billion accelerated share buyback program. The company is also planning to increase its dividend by 33% be...
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News
29 Nov 2023

Digital Asset Platform Coinchange Raises $10M to Scale API Yield Service

The funding round was led by G1.VC, Spirit Blockchain, Good News Ventures, K2.CA and Atoia Ventures, with Mintfox also participating.
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Cryptocurrency
29 Nov 2023

UK to Hit Crypto Users With Penalties for Unpaid Taxes

The Treasury encouraged users to voluntarily disclose unpaid income or capital gains tax from crypto, NFT and utility token holdings.
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Cryptocurrency
29 Nov 2023

While the FTSE 100 and Russell 2000 Struggle, the DAX 40 Ploughs Ahead

​​Outlook on FTSE 100, DAX 40 and Russell 2000 amid quiet trading in low volatility.
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Forex
29 Nov 2023

Philippines Security Regulator Warns Binance Is Operating Without a License

The regulator is also seeking to have the platform blocked in the country.
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Cryptocurrency
29 Nov 2023

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