Lululemon Downgraded by Wells Fargo Lululemon shares dropped 2% after a downgrade from Wells Fargo. The athleisure company was downgraded from overweight to equal weight. According…
South Africa’s Financial Regulator Reviewing Applications for Crypto Licenses The Financial Sector Conduct Authority (FSCA) of South Africa is set to review the applications of 36…
South Africa’s Financial Sector Conduct Authority (FSCA) to Review 36 Crypto Service Providers The Financial Sector Conduct Authority (FSCA) in South Africa has announced that it…
Chinese Firms Can Now Make Digital Yuan Housing Fund Payments Chinese companies now have the option to use the digital yuan to make payments into employee…
The UAE’s Regulatory Clarity The UAE has introduced regulatory frameworks for decentralized autonomous organizations (DAOs), virtual asset providers, metaverses, and other Web3-related entities. This regulatory clarity…
Hut 8 Mining and USBTC Merge to Create Hut 8 Corp On November 30, Hut 8 Mining Corp. and US Bitcoin Corp (USBTC) announced their merger,…
Chinese AI Firms Seek Domestic Alternatives to Nvidia Amidst the US plans to restrict the export of AI chips to China, Chinese AI chip firm Biren…
A Tentative Recovery in DeFi and NFTs, Says JPMorgan A recent resurgence in decentralized finance (DeFi) and non-fungible tokens (NFTs) is a positive sign, but it…
The Price of Bitcoin Remains Stable The price of Bitcoin (BTC) has remained relatively stable on Thursday, with no significant changes. As of 11:35 a.m. ET,…
