Google parent Alphabet profit surges 29% in Q2 amid AI splurge

European Union regulators are reportedly mulling a $1 billion fine against Elon Musk’s X, taking into account revenue from his other ventures, including Tesla and SpaceX, according to The New York Times. EU regulators allege that X has violated the Digital Services Act and will use a section of the act to calculate a fine

The emergency proposal increases MakerDAO’s holdings of United States bonds by 150%, aiming to diversify the Dai stablecoin’s collateral exposure. 480 Total views 14 Total shares Own this piece of history Collect this article as an NFTLending protocol and stablecoin issuer MakerDAO passed a proposal on March 16 to increase its portfolio holdings of United…

Blockchain project Avalanche raises $42 million in a public sale, with the mainnet launch now being expected to come by the end of August. 1667 Total views 30 Total shares The Avalanche project, a blockchain protocol founded by Cornell’s Emin Gün Sirer, has completed a $42 million public token sale after raising $12 million in…

As of May, AntPool and Foundry USA controlled more than 50% of Bitcoin's hash rate. That could become a problem for Bitcoin users in the near future.

Altcoins have continued to boom while Bitcoin (BTC) has effectively traded sideways. I closed the majority of my position in VeChain (VET) for a quick 60% profit and nailed my exit on Stellar Lumens (XLM) almost exactly at the top. I am once again long on Bitcoin from $8,375 and have stopped out in profit…

MoonPay noted that PayPal is the third-most commonly used payment option in the United States, behind Apple Pay and traditional bank cards.

The Busan Digital Asset Exchange Establishment Promotion Committee said it plans to create a functional exchange by the end of the year. 347 Total views 4 Total shares Own this piece of history Collect this article as an NFTAccording to local news outlet News1, Busan, South Korea will establish a decentralized digital commodities exchange. Officials…

Fir Tree Capital Management has filed a lawsuit against Grayscale Investments demanding information that could be used to force changes to the way it runs its flagship Bitcoin Trust. According to Bloomberg, a Dec. 6 complaint was filed against Grayscale at the Delaware Court of Chancery and seeks to have Grayscale lower its fees, start redemptions…

A public patch fixing the exploit is scheduled to be released tomorrow. 349 Total views 7 Total shares On Thursday, Ethan Buchman, co-founder of interblockchain communication (IBC) ecosystem Cosmos, said that a 'critical security vulnerability' had been discovered that 'impacts all IBC-enabled Cosmos chains, for all versions of IBC.' Buchman assured that steps have already…