Following the success of two installments of the Kusama parachain slot auctions, where more than $1 billion worth of KSM tokens have been contributed and locked by the global community,…
Author archives: Cristian Bustos
Bitcoin Price Hits Three-Week High, Ethereum Jumps To Record
Bitcoin price reached $65,121 on Monday –up nearly 20% in the last month– while Ether climbed to a $4,700 record on the previous day, signaling a solid market setup and…
Faced With $15 Billion Tax Bill, Elon Musk Is Selling Tesla Stock
Elon Musk is set to sell a tenth of his Tesla Inc (NASDAQ:TSLA) stock as he faces a tax bill of more than $15 billion on stock options in the…
Ford To Repurchase Up To $5 Billion In Junk Bonds To Restore Credit Rating
Ford Motor Company (NYSE:F) is said to buy back about $5 billion of its high-yield bonds in a move to restructure its balance sheet, which ballooned with emergency borrowings when…
Airbnb Profits Grew By A Record 280% In Third Quarter
According to the company’s earnings report, the profit of Airbnb Inc (NASDAQ:ABNB) grew 280% in the third quarter compared to the same period last year. Driven by vaccination rollouts and…
Tesla Opens Its EV Charging Network To Other Brands In Pilot Project
Tesla Inc (NASDAQ:TSLA)’s next step in the electric mobility business has already begun. The company will allow other electric car models and brands to use its supercharger network, setting the…
The Keys To A Successful Risk Management Strategy
The world of finance has seen a good deal of business daredevils who have built their fortune taking significant risks to much success. Bill Gates shaped Microsoft Corporation (NASDAQ:MSFT) by…
Facebook Will Shut Down Its Facial Recognition Program
Facebook Inc (NASDAQ:FB) announced Tuesday it will shutter its facial recognition program and erase the face scan data of over a billion people. The internet giant uses the technology to…
Ford To Release Next Generation Ranger On November 24
The Australian division of Ford Motor Company (NYSE:F) announced the presentation of the next-generation Ford Ranger pick-up will take place on November 24, a decade after the arrival of the…
With The Energy Crisis Looming, How Can Crypto Become More Green?
As the northern hemisphere prepares for the winter, bleak headlines warn of an energy crisis enveloping much of Europe and North America. The transition to cleaner energy sources, combined with…