Business

‘Crypto Is Dead’ Calls Overdone, Says Analyst As Bitcoin (BTC), Ethereum (ETH) Hold It Together

Most major coins traded lower Thursday evening as the global cryptocurrency market cap declined 1.2% to $1.06 trillion at press time. Price Performance Of Major Coins coin 24-hour 7-day price bitcoin BTC/USD -1.8% -4.9% $22,668.99 Ethereum ETH/USD …

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Instagram Adds Flow Blockchain NFTs, FLOW Token Pumps 44%

in brief Instagram has added support for Flow-based NFTs as it expands its NFT initiative into more than 100 total countries. FLOW has surged in price as a result, up about 44% over the past 24 hours. Instagram is expanding its NFT initiative internationally to more than 100 countries, parent company Meta announced today, plus …

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Shift to new rocket amide losses, investigation

The company’s LV0010 rocket stands on the launchpad at Florida’s Cape Canaveral ahead of the NASA TROPICS-1 mission. astra Small rocket-builder Astra said Thursday it would not have any additional flights this year after the company reported another quarterly loss. “Whether we’ll be able to commence commercial launches in 2023 will depend on the success …

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Paramount+ hits 43 million subscribers as streaming rivals struggle

You might think a network-specific streaming services like Paramount+ doesn’t stand a chance in a grim market when even Netflix is ​​floundering, but it’s apparently thriving. The company has revealed that Paramount+ added 3.7 million subscribers in the second quarter, with more than 43 million total users. And that’s after withdrawing from Russia — if …

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How to check if you may be affected by wrong Equifax credit score

If you took out a loan earlier this year, there’s a chance you’ll be hearing from your bank about a flub that may have been part of its lending decision. One of the three big credit-reporting companies, Equifax, announced this week that a coding issue resulted in the company providing inaccurate consumer credit scores to …

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Blue Origin space tourists celebrate successful NS-22 mission

“Woohoo! We’re not going to die,” one of the passengers of Blue Origin’s NS-22 space tourist mission could be heard screaming on the livestream of the mission today (Aug. 4). “Our poor families!” Shortly after landing in the West Texas desert — and not dying — the crew of Blue Origin’s sixth crewed spaceflight sat …

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American Airlines announces more cuts as travel demand keeps surging

American Airlines is the latest carrier to announce cuts to its schedule – primarily from its Philadelphia hub – even as demand for flights continues to soar. American, like many other airlines, downsized earlier in the pandemic and are now struggling to keep their operations running smoothly. “American has taken steps to size our airline …

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OPEC’s Lackluster Quota Hike Won’t Solve Oil Market Tightness

Yesterday, OPEC and its partners led by Russia agreed to increase their combined oil production by 100,000 bpd in September. Reports note that the decision follows calls from the US and other big consumers for more oil. However, 100,000 additional barrels daily will probably not be enough to lower prices much further. The production increase …

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Taiwan’s Taiex up 2%, RBI rate decision ahead

SINGAPORE — Taiwan shares led gains in Asia-Pacific markets as investors shake off China’s military drills following US House Speaker Nancy Pelosi’s visit. Taiwan’s Taiex jumped 2.03%, with chipmaker TSMC rising 3%. The index traded lower this week as US-China tensions increased over Pelosi’s trip. Markets appear unfazed by China’s drills around Taiwan, though Japan’s …

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