Business

Alphabet stock (NASDAQ: GOOGL) plunged over 7% in the pre-market trading on Thursday, despite beating revenue and profit estimates for the fourth quarter. The sharp sell-off came despite some impressive milestones like cloud and search firing and annual sales topping 400 billion dollars for the first time. The investor caution began once executives unveiled a

The number of Americans filing new applications for unemployment benefits rose more than expected last week, highlighting short-term disruptions from severe winter weather even as the broader labour market continues to show signs of resilience. Initial claims for state unemployment benefits increased by 22,000 to a seasonally adjusted 231,000 in the week ended January 31,

Coinbase continues to expand its product suite with the launch of stock trading and prediction markets as it pushes toward becoming a fully integrated financial platform. According to a December 17 announcement, Coinbase has introduced a number of new features, including stock trading and access to prediction markets, among other additions. Stock trading goes live

Coinbase, the leading US cryptocurrency exchange, has appointed former UK Chancellor of the Exchequer George Osborne to chair its Global Advisory Council.  The announcement elevates Osborne from his role as an advisor, which he assumed in January 2024. Osborne will focus on engaging governments globally to advance pro-crypto policies, particularly in areas such as stablecoin

Ingenico is advancing its long-running crypto integration efforts with a new partnership that brings stablecoin payments directly to physical retail via a partnership with WalletConnect. According to a Jan. 13 announcement, the global payments terminal giant has teamed up with WalletConnect Pay to roll out native support for stablecoins at the point of sale. Stablecoin

Bermuda has unveiled a national initiative to integrate blockchain into every layer of its financial system as it hopes to become the world’s first fully on-chain economy. The plan was announced during the World Economic Forum annual meeting in Davos, with support from crypto giants Circle and Coinbase, who will provide the infrastructure and tools

The UK’s advertising regulator has moved to block a series of Coinbase advertisements, arguing that the campaign framed cryptocurrency as a response to cost-of-living pressures while downplaying investment risks. According to the Guardian, the Advertising Standards Authority found that the campaign crossed regulatory lines by using humour and satire to address serious financial concerns. Regulators

Coinbase has expanded its prediction markets feature to users across all 50 US states, giving customers nationwide access to event-based trading directly inside its app. The company confirmed the rollout on Jan. 28, marking a significant expansion from an earlier launch in December that was limited to a smaller group of users. With the move,

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