Spotify is raising Premium prices outside the US

Spotify is increasing prices in several regions outside of the US, just days after posting disappointing earnings. Spotify announced on Monday that Premium subscribers across Europe, South Asia, the Middle East, Africa, Latin America, and Asia-Pacific will be notified about pricing changes “over the next month,” providing an example email showing a €1 monthly increase … Read more

Coinbase’s Weak Q2 Is a Blip, Not a Breakdown, Says Benchmark

Coinbase’s (COIN) softer-than-expected second quarter results triggered a sharp Friday sell-off, but Wall Street broker Benchmark says the drop is a buying opportunity, not a red flag. Analyst Mark Palmer reiterated his buy rating and $421 price target. He argued that the exchange’s long-term investment case remains intact as the company continues to build foundational … Read more

DeFi Protocol CrediX Taken Offline After $4.5M Exploit

Sonic-based decentralized finance (DeFi) protocol CrediX Finance was taken offline after being struck by a $4.5 million exploit. The protocol, which has been live for less than a month, revealed there was a “security breach” at 9:10 UTC on Monday. The website was taken offline to prevent users from depositing. Blockchain security firm CertiK said … Read more