Commercial electric vehicle company Arrival has gotten a warning from the Nasdaq Stock Market because its stock price is trading too low. The company issued a press release Thursday saying it received a notification at the start of the week that it was not in compliance with the Nasdaq’s requirement to trade ordinary shares above … Read more
The company said the acquisition is expected to diversify and bolster Bakkt’s revenue as it scales its offerings.
To get a roundup of TechCrunch’s biggest and most important stories delivered to your inbox every day at 3 p.m. PDT, subscribe here. Oh heeeey! How are you doing today? We’ve had a pretty busy day on the site today, with a veritable cornucopia of news spilling all over the internet. We’ve selected some of … Read more
One report indicates that more than $2.5 billion in crypto was lost to cross-chain bridge hacks over the last two years alone.
Energy provider Hydro-Québec cited the high energy demands anticipated in the Canadian winter in its reasons to reallocate 270 megawatts from crypto mining firms.
With atomic settlement technology, the company said its digital bond settles through the SIX Digital Exchange (SDX), not requiring a central clearing counterparty.
Illustration by Alex Castro / The Verge In an earnings call today, Warner Bros. Discovery CEO David Zaslav announced that the merging of HBO Max and Discovery Plus was going so well that the target date for the launch of the new service would be moving from summer 2023 to spring 2023. From their user … Read more
Rocket Lab is gearing up for a second attempt to catch a rocket booster mid-air using a helicopter, a technique the company is hoping to perfect after a partially successful recovery earlier this year. The mission, playfully dubbed “Catch Me If You Can,” is scheduled to take place no earlier than November 4 from the … Read more
Bitcoin was trading sideways but other major cryptos were solidly in the green despite a jumbo interest rate hike by the Bank of England and a dip in jobless claims. Market Wrap is CoinDesk’s daily newsletter diving into what happened in today’s crypto markets.
“I actually think the first big games that have multimillion persistent users daily — those will come from new startup studios,” said William Quigley.
Circle Internet Financial has begun moving the reserves for its USDC stablecoin into a dedicated fund set up by BlackRock Inc. and registered with the U.S. Securities and Exchange Commission, the company disclosed Thursday.
Photo by Chris Welch / The Verge If you’re paying Dish to stream live TV channels over the internet, prepare for a higher bill yet again: the company’s Sling TV streaming service is raising prices by $5 a month for the fourth time in five years. Sling Orange and Sling Blue pay TV packages will … Read more
Users will be restricted to a £1,000 limit per transaction, and a total limit of £3,000 a month.
After opening an office in São Paulo, the company now plans to offer execution, settlement and liquidity solutions to clients in the South American country.
There are no sure bets in this — or any — business. Automation, agriculture and a climate-bent are green flags, but no category is immune from mounting economic headwinds on top of the already difficult task of launching a successful startup. While robotics has thus far seen a limited slowdown in investing relative to many … Read more
Warner Bros. Discovery (WBD) reported its fiscal quarterly earnings this afternoon — its last one before the company is set to launch a new streaming service next year that combines HBO Max and Discovery+ content. Since Netflix reported decent Q3 results, the market likely anticipated an okay turnout for WBD. However, it’s clear the company … Read more
Federal government plans to examine crypto, which it said is “transforming financial systems” around the world.
It asked the Canada’s energy regulator to suspend the allocation of 270 megawatts already planned for mining in Quebec.
File this in the “did not see that coming” category; JoiPaw, an U.K.-based startup, is building a series of video games for dogs, with the ultimate goal of helping do further research into dementia among our four-legged furry friends. Check out the video below and go “awww,” if you like, but the company’s founder is … Read more
The bank takes note of the risks of investing in crypto and rising crypto fraud.
Block cited declines in consumer demand and the price of bitcoin for its bitcoin-based revenue decline.
Given the ongoing economic headwinds and the company’s expensive belt-tightening under CEO Andy Jassy, it ought not come as a surprise that Amazon has instituted a corporate hiring freeze. The retail giant’s senior vice president of People Experience and Technology, Beth Galetti, confirmed the move in a staff memo that has since been published on … Read more
The financial services giant, along with Coin Metrics and MSCI, will help investors track market movements and screen hundreds of coins and tokens by their uses.
The crypto exchange’s transaction revenue fell 44% from the second quarter, however.
