Federal Reserve Chair Jerome Powell flagged the risks of cryptocurrencies in an unusual video message on Thursday that also laid out a clearer timetable for the Fed to consider adopting a digital currency of its own.
Tesla Chief Executive Officer and cryptocurrency supporter Elon Musk said on Thursday (May 20) he has not and will not sell any of his dogecoin holdings.
The dollar lost ground on Thursday, hovering just above a multi-month low following Wednesday's bounce prompted by the release of U.S. Federal Reserve meeting minutes.
Oil prices fell more than 2per cent and were on track for a third day of losses on Thursday after diplomats said progress was made toward a deal to lift sanctions on Iran, which could boost crude supply.
Snap Inc, owner of photo messaging app Snapchat, announced Thursday it will launch a new standalone app later this year called Story Studio, with video editing tools to help users make professional-level content for mobile.
The Biden administration's tax enforcement proposal unveiled on Thursday includes a proposed requirement that cryptocurrency transfers over US$10,000 be reported to the Internal Revenue Service.
This week's cryptocurrency price plunge eroded the dollar-based value of NFTs and raised the cost of buying and selling them, in what could be a setback for the burgeoning digital asset market. But NFT collectors are not bailing out.
NEW YORK: Google announced plans on Thursday (May 20) for its first-ever physical retail store, set to open in New York this year, as the tech giant moves increasingly into gadgetry in competition with Apple The retail outlet will open this summer in the Chelsea neighborhood, where Google has a...
Online brokerage Robinhood on Thursday said it is starting to roll out a platform that will allow users of its trading app to buy into initial public offerings alongside Wall Street funds, a step in its quest to "democratize" finance.
Twitter users can once again apply to be verified after a years-long freeze on public submissions for the site's blue check marks, though the company said only "notable" users would be awarded the badge. The social media company paused public submissions for these badges in 2017 amid criticism ......
