Crypto mining firm Riot Platforms – formerly Riot Blockchain – is seeking to recover “more than $26 million” in alleged unpaid fees from Texas-based Bitcoin (BTC) miner, Rhodian Enterprises, according to its Q1 2023 report. Published on May 10, Riot’s Q1 2023 financial report stated that Whinstone, a wholly owned subsidiary of Riot, filed a petition on
Month: May 2023
Ponywang | E+ | Getty Images This story is part of CNBC’s College Money Guide 2023, a series to help students and recent graduates understand their money and start their adult life off on a solid financial path. Getting your first full-time job out of college is exciting! It’s thrilling to know that someone wants
Bill Gates never finished his undergraduate degree — the billionaire dropped out of Harvard University after three semesters to start Microsoft. “What does a college dropout know about graduation? Not much, personally, to be honest,” Gates told students at Northern Arizona University’s commencement ceremony on Saturday. “As I prepared for today, I spent a lot
The investor who ran the country’s biggest natural gas ETF said he believes prices have hit bottom. John Love, who managed the United States Natural Gas Fund, cites global demand and production dynamics for his bull case. “They’re [producers] looking to the future,” the U.S. Commodity Funds CEO told CNBC’s “ETF Edge” this week. “This
The News Corporation headquarters, which is also home to Fox News, stands in Manhattan on April 18, 2023 in New York City. Spencer Platt | Getty Images Fox Corp. reported a quarterly net loss on Tuesday due to the costs related to its settlement with Dominion Voting Systems, despite revenue that was lifted by the
Dave Walters of Orange County, California, stands by his newly leased Hyundai Ioniq 5 electric vehicle. Provided by Dave Walters Fed up with high gas prices and enticed by federal tax credits, Dave Walters decided he wanted an all-electric Hyundai Ioniq 5 for his next vehicle. The Orange County, California, resident initially thought about purchasing
The latest hype around Bitcoin (BTC) Ordinals and BRC-20 tokens is unsustainable and will fade away in a matter of months, according to JAN3 CEO Samson Mow. “These guys are basically paying massive amounts of fees that go directly to Bitcoin miners, and there is no way this can be sustained,” Mow said in an
Ethereum core developers rolled out patches for Prysm Labs and Teku clients as a response to two Beacon Chain finality issues within a 24-hour period. The Beacon Chain serves as the consensus layer for the Ethereum network. On May 11, Ethereum developers reported that the Beacon Chain was experiencing problems confirming transactions. Although new blocks
Top Stories This Week Coinbase calls Pepe a ‘hate symbol,’ prompting calls to boycott the exchange An email sent out to Coinbase customers describing the Pepe the Frog meme as a “hate symbol” co-opted by alt-right groups has drawn significant ire from the PEPE memecoin community this week. Two hours after the email was sent,
Bitcoin (BTC) sought to pass $27,000 on May 13 after a “scam wick” produced new two-month lows. BTC/USD 1-day candle chart (Bitstamp). Source: TradingView Traders: BTC price must retain $26,500 Data from Cointelegraph Markets Pro and TradingView followed BTC/USD as it recovered from a flash dip to $25,800 on Bitstamp. The pair saw weakness after
U.S. Senate Minority Leader Mitch McConnell, R-Ky.; Speaker of the House Kevin McCarthy, R-Calif.; President Joe Biden; and Senate Majority Leader Chuck Schumer, D-N.Y., meet in the Oval Office on May 9, 2023 to discuss the debt ceiling. Anna Moneymaker | Getty Images News | Getty Images The U.S. may be weeks away from being
Dr. Philip Nathan Jefferson, of North Carolina, nominated to be a Member of the Board of Governors of the Federal Reserve System, speaks during a Senate Banking, Housing and Urban Affairs Committee confirmation hearing on Capitol Hill in Washington, D.C., U.S., February 3, 2022. Ken Cedeno | Reuters Federal Reserve Governor Philip Jefferson will be
In this article TWLO Follow your favorite stocksCREATE FREE ACCOUNT Jeff Lawson, co-founder and chief executive officer of Twilio Inc., smiles on the floor of the New York Stock Exchange (NYSE) in New York, U.S., on Monday, Sept. 17, 2018. U.S. stocks started the week lower, while Asian equities slumped and European shares were little
In this article DAL JBLU Follow your favorite stocksCREATE FREE ACCOUNT A traveller walks in the Terminal 2 corridors of the Roissy-Charles de Gaulle airport with Air France airplanes in the background, in the northeastern outskirts of Paris, on September 16, 2022, amid a strike of air traffic controllers. Julien De Rosa | AFP |
Bitcoin (BTC) is entering prime “buy the dip” territory as the clock ticks down to the 2024 block subsidy halving. That is the conclusion of several well-known market participants this month, with Bitcoin just one year away from its “very interesting” next halving. Bitcoin vs. the halving: Time to buy? Bitcoin halving cycles are known
An email sent out to Coinbase customers describing memecoin Pepe (PEPE) as a “hate symbol” co-opted by alt-right groups has drawn significant ire from the memecoin community. Prominent crypto influencer Borovik.eth shared a screenshot of the email newsletter from May 10 to his 96,000 followers, which cites a 2016 decision from the Anti-Defamation League to
A protestor holds a sign reading “64 years is a no” during a May Day (Labor Day) demonstration in Lille, France, on May 1, 2023, more than a month after the government pushed an unpopular pensions reform act through parliament. Sameer Al-doumy | Afp | Getty Images French citizens have taken to the streets to
AsiaVision | E+ | Getty Images Many Americans aren’t saving enough for retirement — and the shortfall could put a strain on state and federal budgets in the coming decades. But research shows that state-run programs could help people save for retirement while reducing that strain. Without changes, the retirement savings gap could create a
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