The US Department of Justice (DOJ) has allegedly seized $9 million in the stablecoin Tether (USDT). The funds were linked to a crypto romance and confidence scam called “pig butchering.” On Monday Tether announced it had frozen $255 million linked to a human trafficking scheme. The US Department of Justice (DOJ) has announced the seizure […]
Category: STO News
Baidu Shares Climb on Strong Q3 Revenue and Reiterated AI Focus
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. Chinese tech behemoth Baidu posted solid Q3 financial results, sending its shares higher in the US and Hong Kong markets. The company recently unveiled the latest version of its ChatGPT-like chatbot and said it […]
Fed Minutes Due Today, Here’s What the Market Expects
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. The US Federal Reserve is set to release minutes data from the October 31 – November 1 policy meeting on Tuesday. Analysts and investors largely expect the central bank to insist that the battle […]
Earnings Review: Medtronic Beats Expectations with 6% Increase in Revenue
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. Key Highlights Revenue Growth: Medtronic reported a 6% increase in revenue, exceeding expectations with total revenue of $7.98 billion. EPS Surpasses Forecasts: Non-GAAP EPS of $1.20 was reported, outperforming the anticipated $1.18, with an […]
Bitget expands ecosystem with the listing of Vertex (VRTX) token
Victoria, Seychelles, November 21st, 2023, Chainwire Bitget, a leading cryptocurrency exchange and Web3 company, is excited to announce the listing of Vertex (VRTX) token, adding another layer of innovation to its robust platform. This strategic move further solidifies Bitget’s commitment to providing users with access to cutting-edge projects that drive the evolution of decentralized finance […]
Fantom awards $1.7M to security researcher for averting $170M loss
The Fantom Foundation says the $1.7 million is bounty for a security researcher whose quick alert helped prevent a potential $170 million hack. Fantom had lost $550k in October, with the hack targeting a reassigned wallet seeing an employee lose $7 million. The Fantom Foundation, the non-profit organisation behind the crypto platform Fantom, rewarded a […]
Top 10 Crypto Influencers (All Platforms) – You Should Follow
You need to be able to connect with the community to be considered one of the top 10 crypto influencers. These individuals help to introduce and explain blockchain technology to new users in a way that simplifies the learning process. These influencers don’t give “financial advice” directly. However, they provide interesting insights regarding past, present, […]
The Financial Underpinnings of Hamas: A Global Chessboard
The financial underpinnings of Hamas reveal a nuanced strategy involving global transactions and the exploitation of cryptocurrency. With an estimated annual income exceeding $1 billion, Hamas relies on physical force, ideological influence, and a diverse income stream located overseas. A significant portion of this income, around $750 million annually, comes from foreign sources. Cryptocurrency, particularly […]
After Gaining 229% in a Year, Nvidia’s Stock Price Hits Record High Day Before Earnings Report
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. In an all-around positive session for the US stocks, Nvidia’s (NASDAQ: NVDA) shares climbed 2.2% on Monday to $504.20 – a fresh record high for the chipmaker. The surge to a new peak came […]
Earnings Review: LOW Reports a 7.4% Decrease in Comparable Sales
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. Key Highlights Revenue Shortfall: Lowe’s reported total sales of $20.5 billion, slightly below the expected $20.88 billion, with a 7.4% decrease in comparable sales due to a decline in DIY discretionary spending. EPS Exceeds […]
