Uber stock jumps, Tesla stumbles after Elon Musk’s Cybercab reveal
Tesla’s failure to demonstrate progress in the field of autonomous vehicles appears to be making investors skittish.
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Ripple Avoids XRP Question as It Moves to Dismiss Securities Lawsuit
Blockchain network Ripple has filed a controversial motion to dismiss a lawsuit over it allegedly selling unregistered securities.Ripple: Securities ruling beyond scope of the courtIn a court filing uploaded by Fortune on Sept. 20, lawyers representing the company against investor Bradley Sostack dismissed the claims against it.Part of an ongoing legal battle, Sostack says Ripple’s…

SushiSwap CEO reveals DEX lost $30M on LP incentives this year
"Ultimately, we must harden the business model to produce more swap volumes & generate more fees," wrote CEO Jared Grey. 2268 Total views 10 Total shares Own this piece of crypto history Collect this article as NFTAccording to a new Twitter post by SushiSwap CEO Jared Grey, the decentralized exchange, or DEX, experienced a $30…

FTX and Alameda linked wallets transfer $10M of crypto to exchanges in just 5 hours
According to Spot On Chain data, the firms sent $10 million worth of crypto to a single wallet address, which then deposited the funds to Binance and Coinbase. 114 Total views 1 Total shares Wallets linked to bankrupt crypto firms Alameda Research and FTX transferred over $10 million worth of cryptocurrency to exchange deposit accounts

Coinbase's cbBTC wrapped Bitcoin coming to Solana — Breakpoint 2024
Wrapped Bitcoin products allow users to retain asset control while using Bitcoin as collateral for decentralized finance applications.

European Central Bank releases results of digital euro consultation
Privacy concerns regarding the digital euro abound as the European Central bank test the waters for a central bank digital currency. 3208 Total views 13 Total shares The European Central Bank has published the results of a public consultation on a potential digital euro as the institution inches closer to deciding whether to formally study such an…

Hong Kong’s first licensed retail crypto exchange HashKey eyes 2024 bull run
Hong Kong retail cryptocurrency traders now have access to a locally based cryptocurrency exchange, with HashKey Exchange launching retail trading services to users in China’s special administrative region on Aug. 28.The company was previously permitted to serve professional and institutional investors before being granted Type 1 and Type 7 licenses by the Hong Kong Securities and Futures Commission

Bear Market and Declining Hashrates Mean Mining ETH No Longer Profitable, Analysis Finds
Mining Ethereum (ETH) using a graphics processing unit (GPU) is no longer profitable, according to an analysis from U.S.-based global trading and technology firm Susquehanna. CNBC reported Nov. 13 on Susquehanna’s findings, which point to the protracted slump in crypto markets and declining network hashrates as reasons for the profit decrease.In Susquehanna’s analysis, profit per…

Ethereum devs to kick off Pectra testing on Holesky
Ethereum’s Pectra upgrade launches on the Holesky testnet today, introducing new validator rewards, account abstraction and layer-2 scaling improvements.