Indonesia Bans Financial Companies From Facilitating Crypto Operations
In 2021, Cryptocurrencies, especially Bitcoin faced numerous criticisms especially from governments across the world. Cryptocurrency received backlash because...
IBM Reports Impressive Earnings, Shares Soar On The Announcement
American multinational company IBM has reported its earnings for the fourth quarter, surpassing the expectations of analysts. The company reported...
$130 Billion Has Been Wiped Off Crypto Markets Following A Plunge In The Prices Of BTC and ETH, Reports Say
Between last week and now, the prices of Bitcoin and Ether have plunged causing crypto markets to lose value. The...
Following Russia’s Central Bank’s Proposal To Ban Crypto, Bitcoin Slumps And Is Currently Trading Below $35,000
Last week, the Central Bank of Russia Federation, Russia’s apex bank proposed banning the use of and mining of cryptocurrencies...
Swiggy, One Of India’s Biggest Food Delivery Services, Raises $700 Million At A New Valuation Of $10.7 Billion
Six months after raising $1.25 billion, Indian food delivery startup Swiggy has raised $700 million in a Series K round....
Ola Electric Valued At $5 Billion After Raising $200 Million In A Funding Round
On Monday, Ola Electric announced a new funding round of $200 million bringing the ride-hailing giant’s valuation to $5 million...
Crypto.com Releases Investigation Conclusions, Says Problems With Two-factor Authentication Caused Hack
Shortly after CEO Kris Marszalek of Crypto.com admitted that the exchange was hacked of $33 million worth of crypto assets...
Netflix’s Q4 Earnings Indicates Slowing Subscriber Growth, Shares Plummet 20 Percent After Report
Streaming platform Netflix saw its shares plunge to more than 20 percent in after-hours trading on Thursday after releasing its...
Russia To Ban Mining And The Use Of Cryptocurrencies, Cites Monetary Policy Sovereignty, Threat To Financial Stability, Among Others As Reasons
On Thursday, the Central Bank of Russia Federation, Russia’s apex bank proposed banning the use of and mining of cryptocurrencies...
Moroccan B2B e-Commerce And Retail Startup Chari Secures Bridge Funding At $100 Million Valuation
Bridge financing, according to Investopedia, is an interim financing option used by companies and other entities to solidify their short-term...