Asian stocks advanced on Wednesday as focus remained on earnings reports from the U.S. megacaps due this week. Facebook owner Meta Platforms will declare its first-quarter earnings later today, while Microsoft and Alphabet will report their financial results on Thursday. Electric vehicle giant Tesla announced plans to introduce new vehicle models earlier than previously anticipated,...
Hackers exposed more information about El Salvador’s state-run Bitcoin wallet, Chivo, on April 23 after publicly leaking the personal data of its millions of users earlier this month. Hacker group CiberInteligenciaSV released part of the software wallet’s source code on BreachForums – a black hat hacking forum. El Salvador Hackers Strike Again “This time I bring...
As Bitcoin (BTC/USD) hovers around $66,980, up approximately 1%, attention intensifies on its upward trajectory, potentially surging towards $70,000. Recent developments in the cryptocurrency market, particularly the influx of $59.7 million into U.S. Bitcoin ETFs after a period of outflows, signal a shift in sentiment. As institutional players like Grayscale’s GBTC near 300,000 Bitcoins, and...
Danish pharmaceutical company Ascendis Pharma A/S (ASND) announced that the United Kingdom\'s Medicines & Healthcare products Regulatory Agency (MHRA) has granted marketing authorization for YORVIPATH (palopegteriparatide; developed as TransCon PTH) in Great Britain as a parathyroid hormone (PTH) replacement therapy indicated for the treatment of adults with chronic hypoparathyroidism The MHRA has also granted YORVIPATH...
Coca-Cola inked a $1.1 billion five-year partnership deal on April 23 with Microsoft to explore and integrate the tech company’s cloud and artificial intelligence (AI) solutions across the beverage giant’s global operations. According to the Coca-Cola AI agreement with Microsoft, the beverage production company will collaborate on experimenting with its Azure cloud computing platform. Coca-Cola...
Jack Dorsey’s payments company Block has shifted its focus from designing chips to developing a full Bitcoin mining system. In a recent blog post, Block unveiled its accomplishment of designing a standalone three-nanometer (3nm) Bitcoin mining chip and disclosed that it is currently collaborating with a leading global semiconductor foundry to finalize the chip’s design. However,...
Canadian Pacific Kansas City Ltd. (CP, CP.TO) reported Wednesday that first-quarter net income attributable to controlling shareholders declined to 3 percent to C$775 million or C$0.83 per share from C$800 million or C$0.86 per share in the prior-year quarter. Excluding items, core adjusted combined earnings for the quarter was C$0.93 per share, compared to C$0.90...
Australia achieved a new milestone by becoming the third-largest host for Bitcoin ATMs, joining the United States and Canada as countries with over 1,000 active crypto-fiat machines, according to April 24 data from Coin ATM Radar. Australia now boasts an active network of 1,008 Bitcoin ATMs, representing 2.7% of the global crypto ATM distribution. The...
American authorities have charged crypto mixer Samourai Wallet founders for allegedly operating an unlicensed money-transmitting business. In an announcement, U.S. authorities said Samourai Wallet founders Keonne Rodriguez and William Lonergan Hill have been found guilty of allegedly executing over $2 billion in unlawful transactions and laundering over $100 million in criminal proceeds. The co-founders unlawfully...
With orders for transportation equipment showing a substantial increase, the Commerce Department released a report on Wednesday showing new orders for U.S. manufactured durable goods surged by more than expected in the month of March. The report said durable goods orders soared by 2.6 percent in March after climbing by a downwardly revised 0.7 percent...