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Day: April 25, 2022

GM says it will produce electric Chevrolet Corvettes

KEY POINTS General Motors will produce an electrified Chevrolet Corvette next year, followed by an all-electric version of the iconic sports car, GM President Mark Reuss said. He declined to disclose when the all-electric Corvette would be released or whether the “electrified” model would be a traditional hybrid or plug-in hybrid electric vehicle. DETROIT – General …

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Greater Chinese markets lead losses with Shenzhen stocks falling 6%; oil slides 3%

KEY POINTS Shares in Asia-Pacific fell sharply on Monday following a sell-off on Wall Street on Friday. Australia and New Zealand markets are closed for a holiday. Chinese telecommunications company ZTE will report earnings on Monday. SINGAPORE — Mainland Chinese indexes led losses as Asia-Pacific markets fell sharply on Monday following a sell-off on Wall …

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The Central African Republic reportedly passes a bill to regulate crypto use

The new crypto law would reportedly allow citizens to pay their taxes in crypto and allow the use of crypto as a form of payment for businesses. The Central African Republic (CAR) has become the center of a hot buzz in the crypto world amid various reports of it adopting Bitcoin (BTC) quite similar to …

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Samsung Participates in Series A Round That Raised $25 Million for a Metaverse Startup

A Korean metaverse startup, Doubleme, is said to have raised $25 million in a Series A round that saw the leading South Korean electronics manufacturer Samsung Electronics take part. Capital Raised to Fund Marketing Efforts The South Korean electronics and smartphone maker Samsung is reported to have participated in Series A funding which raised $25 …

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Dogecoin Surges Nearly 9% Amid Reports That Twitter Will Accept Musk’s Takeover Offer

Futures of Twitter (TWTR) trading in Frankfurt also jumped 6.48%. Dogecoin (DOGE) surged by 9% in the past hour following reports of Elon Musk being close to purchasing the entirety of Twitter at $54.20 a share. DOGE surged to as much as $0.14 at writing time from the $0.12 level in Asian morning hours. Twitter (TWTR) futures …

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XVI Citizens to Introduce 16 Personalities as NFTs

The idea of 16 Personalities is turning into non-fungible tokens (NFTs) and entering the metaverse for the first time through the XVI Citizens project. 16 Personalities is a widely used questionnaire that can help determine how a person interacts with the world and make decisions. The personality test has also become popular among companies worldwide …

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The best strategies to participate in and operate in decentralized finance.

The best strategies to participate in and operate in decentralized finance. Decentralized finance (DeFi) is a concept that has received a lot of attention since the so-called DeFi Summer of 2020 because its usage, often measured in total value locked (TVL), has risen dramatically since that time. In the last year alone, TVL rose by over …

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