Changpeng Zhao, boss of Binance, the main crypto-asset exchange, during an interview at VivaTech, June 16, 2022 in Paris (AFP / Eric PIERMONT) Despite the collapse of the cryptocurrency market, “the sector is not going to disappear”, assured AFP the boss of Binance, the main crypto-asset exchange platform in the world, during an interview on … Read more
UNITED STATES: TESLA INCREASES THE PRICE OF ITS CARS DUE TO INFLATION (Reuters) – Tesla Inc has again raised prices for its U.S. models amid ongoing global supply chain issues and soaring raw material costs. The electric carmaker raised the price of its long-range Model Y by $3,000 (2,869.17 euros) to $65,990 on Thursday after … Read more
NEW YORK, June 15 (Reuters) – Elon Musk on Wednesday appealed a judge’s decision refusing to end his 2018 deal with the Securities and Exchange Commission (SEC), l Securities and Markets Authority of the United States, which demanded that a lawyer from Tesla TSLA.O verify some of its Twitter posts. According to a court document, … Read more
(CercleFinance.com) – The Euro continues to fall and aligns a 3rd session at -0.8/-0.9%, towards $1.0430 (1.0418 at the lowest), again linked to expectations of a turn of the screw of 75pts and no longer 50. The majority opinion as late as Friday morning (June 10) wanted the Fed to announce a 50 basis point … Read more
The US regulator believes that the company knowingly withheld information about the possibility of manipulating the closing prices of its financial product. And this, while she wanted, by this decision, to regulate Bitcoin more generally. The Bitcoin logo at La maison du Bitcoin in Paris in 2018. (AFP / GEOFFROY VAN DER HASSELT) A US … Read more
TESLA MUST CUT WORKFORCE BY ABOUT 10%, SAYS MUSK SAN FRANCISCO (Reuters) – Tesla needs to cut its workforce by about 10%, chief executive Elon Musk said in an email to company executives on Thursday seen by Reuters. In this message, titled “pause in recruitments all over the world”, Elon Musk said he had “a … Read more
by Munsif Vengattil, Krishna N. Das and Paresh Dave NEW DELHI, May 27 (Reuters) – Alphabet subsidiary Google GOOGL.O is in talks with the Indian government to integrate online commerce platform ONDC, two sources familiar with the matter told Reuters. The talks follow the success of Google’s payment service under New Delhi’s initiative for financial … Read more
A clothing store accepting bitcoins, in San Salvador on May 24, 2022 (AFP / Marvin RECINOS) The dollar value of bitcoin has shrunk by almost half since it acquired in El Salvador in September 2021, like the dollar, the status of legal tender: Salvadorans have become accustomed to hunkering down under the storm. The law … Read more
ETHEREUM CO-FOUNDER RECOMMENDS MORE RESERVE AGAINST CRYPTOCURRENCIES by Jessica DiNapoli DAVOS (Reuters) – Ethereum co-founder Gavin Wood said crypto investors should be more aware of what’s behind the assets they choose after the market recently lost a third of its valuation. “I hope people pay more attention to what’s behind the currency name when they … Read more
CRYPTOCURRENCY PROMOTERS TAKE OVER THE MAIN STREET OF DAVOS DAVOS, Switzerland (Reuters) – On the occasion of the World Economic Forum, companies involved in blockchain and cryptocurrencies took over the main street of Davos, renting almost half of the pavilions, despite the recent collapse in the value of currencies digital. Industry representatives traveled to the … Read more