The FinTech Hub
Source: Bitcoinist A Londoner’s years-long quest for an $800 million Bitcoin-containing hard drive hidden somewhere in a Welsh landfill has now been licensed into a cross-platform documentary series. Entertainment company LEBUL announced this week that it has secured exclusive rights to tell the story of James Howells, the British engineer known for losing access to…
Source: The Verge Spotify says it has submitted an update to its iOS app that would, among other things, let US customers use payment options that aren’t Apple’s, according to a blog post. The update submission follows Wednesday’s major Epic Games v. Apple ruling that forces Apple not to take a cut of payments on…
Source: Coin Tegraph Avraham Eisenberg was sentenced to more than four years in prison on child pornography charges, unrelated to his role in the 2022 exploit that drained the decentralized exchange Mango Markets of roughly $100 million. According to reporting from Inner City Press, a judge sentenced Eisenberg to 52 months in prison at a…
Source: Live Mint IT stocks in focus: Although the Nifty IT index rebounded sharply during the second half of April, it ended the month in negative territory, extending its losing streak to a fourth consecutive month—the longest such streak since 2016—losing 3% of value. Seven out of the 10 constituents of the index closed lower…
Source: The Verge I thought I’d share a few thoughts on the prospect of heightened tariffs on our stores business. Obviously, none of us knows exactly where tariffs will settle or when. We haven’t seen any attenuation of demand yet. To some extent, we’ve seen some heightened buying in certain categories that may indicate stocking…
Source: Coin Tegraph Michael Saylot’s tech firm Strategy has earned shareholders a Bitcoin yield of 13.7% in the year-to-date, the company said in its May 1 earnings report. That equates to a Bitcoin gain of more than 61,000 Bitcoin (BTC), worth approximately $5.8 billion, according to the company. Bitcoin yield and Bitcoin gain are unofficial accounting…
Source: The Verge Apple reported its latest quarterly earnings on Wednesday under the backdrop of a court ruling that’s poised to upend the company’s App Store business and tariff uncertainty that could spur price increases for devices including the iPhone. At least on this occasion, Apple’s revenue numbers weren’t top of mind for tech industry…
Source: Bitcoinist Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Ethereum Foundation researcher Dankrad Feist has cautioned that ETH’s base layer could slip into irrelevance within a decade unless the community embraces a far more aggressive roadmap for on-chain scaling and protocol overhaul. Writing in a post on the Ethereum…
Source: Coin Tegraph Retail investors are running out of time to accumulate Bitcoin as institutional adoption accelerates, according to Sergej Kunz, co-founder of exchange aggregator 1inch. Bitcoin (BTC) is evolving into an alternative reserve currency, propelling institutional demand and potentially pricing out retail investors, Kunz said during Cointelegraph’s LONGITUDE event in Dubai. “Every retail user…
Source: Live Mint Lilly tumbles after CVS drops Zepbound McDonald’s slips after surprise drop in Q1 sales Weekly jobless claims higher than forecast (Updates to US market close) NEW YORK, May 1 (Reuters) – U.S. stocks rallied on Thursday, with the Dow and S&P 500 posting their eighth straight session of gains after strong results…
