Author: Admincrypt
The crypto and blockchain space has had a turbulent past year, but that is not stopping users and enterprises from looking into the industry.A new survey from CasperLabs and Zogby Analytics revealed that the sentiment around blockchain adoption is especially positive among enterprises. The poll was conducted via 603 business enterprise “decision makers” in the United States, the United Kingdom and China. Nearly 90% of the businesses surveyed reported deploying blockchain technology in some capacity, with 87% saying they plan to invest in blockchain in the next year. This is particularly pronounced in China, where over half of the respondents plan to…
(WHYFRAME/Shutterstock) “Best-of-breed” or “all-in-one”? This is a common trade-off when choosing technology solutions. However, every once in a while it becomes possible for the two to converge into a single product. The iPhone (or smartphone in general) is a classic example. Until the iPhone debuted in 2007 and became mainstream within a few years, it was common for people to get the best-of-breed personal devices of the era, such as phones, music players, PDAs, cameras, GPS, and more. In fact, each of these categories had its own leader: Motorola and Nokia in phones, Apple in music players, Blackberry in email devices, Garmin…
Oil futures tallied a sixth straight session climb on Thursday, their longest streak of gains since February. Prices extended their gains after posting a loss last week, “helped by the weakness in the U.S. dollar and optimism that a more benign inflation outlook will help to mitigate concerns over a sharp slowdown in the coming months,” said Michael Hewson, chief market analyst at CMC Markets UK. The U.S. benchmark WTI crude for February delivery CLG23, +0.15% rose 98 cents, or 1.3%, to settle at $78.39 a barrel on the New York Mercantile Exchange. Source link
© Reuters. Passersby are silhouetted as they walk past in front of an electric stock quotation board outside a brokerage in Tokyo, Japan October 18, 2022 REUTERS/Issei Kato By Chuck Mikolajczak NEW YORK (Reuters) – A gauge of global stocks climbed on Thursday while longer-dated U.S. Treasury yields and the dollar fell after a reading of consumer prices added to expectations the Federal Reserve may have leeway to scale back the size of its interest rate hikes. U.S consumer prices fell for the first time in more than 2-1/2 years in December amid declining prices for gasoline and other goods,…
It hasn’t decided on a name, it’s still on the hunt to fill some important roles, and its early alpha has less than 100 users as of today. But, riding the wave of interest in the current state of Twitter, a startup hoping to disrupt it has raised $1.1 million in funding. T2, the project being led by Gabor Cselle, has closed its first outside investment from a group of angels that includes Bradley Horowitz, Rich Miner and the former CEO of Wikipedia, Katherine Maher. Cselle himself has founded and sold startups to Twitter and Google, and he spent a…
In a highly unusual post-arrest blogpost a month after his arrest, he said he ‘didn’t stash billions away’.Sam Bankman-Fried has said he did not steal money and blamed the collapse of his now-bankrupt FTX exchange on a broad crash in cryptocurrency markets, in a highly unusual blog post, a month after his arrest on US fraud charges. Federal prosecutors in Manhattan in December said Bankman-Fried stole billions of dollars from FTX customers to pay debts for his cryptocurrency-focused hedge fund, Alameda Research, buy lavish real estate, and donate to US political campaigns. He has pleaded not guilty. The Substack blog…
Field Programmable Gate Arrays (FPGA), or integrated circuits sold off-the-shelf, are a hot topic in tech. Because they’re relatively affordable and can be programmed for a range of use cases, they’ve caught on particularly in the AI and machine learning space, where they’ve been used to accelerate the training of AI systems. The global FPGA market size could reach $14 billion by 2028, according to one estimate, up from $6 billion in 2021. One startup looking to get in on the ground floor is Rapid Silicon, which this week announced that it raised $15 million in a Series A round…
Beyond Meat Inc. BYND, +3.77% Chief Brand Officer Beth Moskowitz is the latest executive to leave the embattled company, according to a Wall Street Journal story Thursday, citing internal company communications. “I look forward to returning to my roots as an investor, advisor, and creative partner, but most importantly, the opportunity to be totally present for the many milestones my family will celebrate in 2023 and the coming years,” Moskowitz said in an internal company email. In recent months, the fake meat pioneer has lost its chief financial officer, chief operating officer, global chief growth officer, and others. The company’s…
It’s official: The tax season kicks off for individual filers on Jan. 23, the IRS announced on Thursday.For most taxpayers, you must file your federal return and pay your balance by April 18 to avoid racking up penalties and interest.”This filing season is the first to benefit the IRS and our nation’s tax system from multi-year funding in the Inflation Reduction Act,” said acting IRS Commissioner Doug O’Donnell. “With these new additional resources, taxpayers and tax professionals will see improvements in many areas of the agency this year.”More from Personal Finance:Here’s the inflation breakdown for December 2022 — in one chartIRS…
In the months leading up to his federal charges on m money laundering and misuse of customer funds, FTX co-founder Sam Bankman-Fried has repeatedly refuted US charges that he misused $8 billion in client funds. Sam Bankman-Fried refutes FBI accusations Sam Bankman-Fried, has claimed that Binance CEO Changpeng “CZ” Zhao orchestrated a months-long campaign to bring down FTX in a post on Substack on Thursday morning. He also refuted claims that he took billions of dollars in user cash. Bankman-first Fried’s substantive answer to FBI accusations is that he orchestrated an $8 billion fraud that wiped out his $32 billion…