Apple stock bled out on Monday afternoon as Tim Cook revealed his long-awaited Netflix rival, Apple TV+. Traders were immediately underwhelmed by the lack of details and the stock ended the day 1.2 percent lower. But don't believe the hype. Wal
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Singapore Crypto Exchange DragonEx Hacked: Can the Funds Be Recovered?
DragonEx, a crypto exchange based in Singapore, said on Tuesday that its platform has been hacked and an undisclosed amount of user funds was lost. In its official Telegram account, the DragonEx team said that the exchange was hacked on March 24 and
Disgraced Ex-Enron CEO Plans Crypto Comeback after 14-Yr Jail Term
A little over a month after being released from prison for his involvement in one of the grandest corporate scandals in history, Jeffrey Skilling, the former chief executive of collapsed U.S. energy giant Enron is reportedly eyeing the blockchain sec
Dow Surges into Recovery Mode While Trump Blitzes Obamacare
The Dow and broader US stock market surged into recovery mode on Tuesday while the Trump administration geared up for a new assault on an old nemesis: the Affordable Care Act (ACA), better known as Obamacare. Dow Races to 175 Point Recovery on Tuesda
Yahoo! Japan Enters Crypto Despite Bear Market, Plans May 2019 Launch of Bitcoin Exchange
Taotao, a crypto exchange based in Japan, is planning to launch in May with the approval of Japanese authorities. According to a CNBC report in April 2018, Yahoo! Japan said that it will acquire a 40 percent stake in BitARG Exchange Tokyo, which has
Haters be Damned: Apple's Credit Card is the Most Revolutionary Launch in Its 40-Year History
Apple launched a credit card on Monday to a chorus of ” so what?? from investors. Apple stock crashed overnight and everyone from CNBC to Huffington Post called it underwhelming. They're wrong. The Apple credit card is the biggest game-chan
QuadrigaCX Crypto Scandal Would’ve Never Happened in Bermuda, Says Country’s Leader
Premier David Burt, the leader of the island nation of Bermuda, has boasted that the current situation that embattled Canadian crypto exchange QuadrigaCX finds itself would have been prevented if the exchange's crypto keys had been kept in his co
Bitmain's $3 Billion IPO Application is Officially Dead but Dream Remains Alive
The IPO dreams of Bitcoin mining equipment giant Bitmain are over, at least for now, as its listing application which was filed on September 26, 2018 has reached the six-month expiration date. Without giving a specific date Bitmain, however, said in
Newsflash: Bitcoin Price Stumbles Below $4,000; No Fret, A Swift Rebound is Coming
In the past several hours, the bitcoin price slipped below the $4,000 mark from $4,035 to $3,934, recording a 1 percent drop against the U.S. dollar. Given the fact that it took nearly three weeks for bitcoin to break out of the $3,000 region and rea
Ripple, Not XRP: Spanish Banking Giant Santander Clarifies Crypto ‘Confusion’
Santander Bank wrongly gave Ripple fans hope when a member of its support team tweeted the following on Friday: Hey Wes, we're doing great. We're using XRP for international payments to 18 EU countries and the USA. This is on our iPhone app c