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The Ethereum ''Merge'' Is Disrupting Crypto Trading And Lending. What to Know.

Ethereum’s ‘Merge’ Is Disrupting Crypto Trading and Lending

Text size Ethereum’s “Merge” is a hotly anticipated and long-awaited upgrade. Dreamstime Crypto markets linked to Ether are facing disruption as the blockchain network behind the world’s second-largest cryptocurrency nears the end of a critical upgrade. The final stage of Ethereum’s “Merge” is now about a week away. Expected to finish around Sept. 15, it …

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The Ethereum ''Merge'' Is Disrupting Crypto Trading And Lending. What to Know.

The Ethereum ”Merge” Is Disrupting Crypto Trading And Lending. What to Know.

Text size Ethereum’s “Merge” is a hotly anticipated and long-awaited upgrade. Dreamstime Crypto markets linked to Ether are facing disruption as the blockchain network behind the world’s second-largest cryptocurrency nears the end of a critical upgrade. The final stage of Ethereum’s “Merge” is now about a week away. Expected to finish around Sept. 15, it …

The Ethereum ”Merge” Is Disrupting Crypto Trading And Lending. What to Know. Read More »

Ethereum’s Big Moment Is Coming With ‘The Merge.’ What It Means for Crypto.

Ethereum’s Big Moment Is Coming With ‘The Merge.’ What It Means for Crypto.

If Bitcoin is crypto’s answer to gold, Ethereum is the closest thing it has to its own internet. Anyone who wants to mint a new token, launch a crypto app, or spend $150,000 on a Bored Ape nonfungible token, or NFT, probably uses the Ethereum network. More than $3 billion in transaction volume flows through …

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Block Stock Wobbles After Earnings. Why Analysts Are Upbeat.

Block Stock Wobbles After Earnings. Why Analysts Are Upbeat.

Text size Former Twitter CEO Jack Dorsey leads Block. Marco Bello/AFP via Getty Images Block’s stock price has wobbled in the wake of the fintech company’s second-quarter earnings, but there remain multiple reasons to be upbeat, according to analysts. Founded and led by former Twitter (ticker: TWTR) CEO Jack Dorsey, shares in Block ( SQ …

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The Crypto Firms That Bought Those Super Bowl Ads Aren’t So Super Anymore

The Crypto Firms That Bought Those Super Bowl Ads Aren’t So Super Anymore

Crypto dominated the largest stage in the world with a series of ads during Super Bowl LVI. Now those companies are in the spotlight again as their industry falters. Four crypto firms were most prominent during the football game: Coinbase, COIN 0.33% Crypto.com, eToro, and FTX. Their spots helped lift total crypto ad spending in …

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A Crypto Bankruptcy Could Be Investors’ Nightmare

A Crypto Bankruptcy Could Be Investors’ Nightmare

The cryptocurrency market’s latest swoon is giving investors a painful lesson about the risks of trading digital tokens through intermediaries. In a bankruptcy restructuring, crypto investors would be navigating uncharted territory. “What can safely be predicted is that there will be litigation, and there will be delay,” said Adam Levitin, a law professor at Georgetown …

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Coinbase to Lay Off 18% of Staff Amid Crypto Meltdown

Coinbase to Lay Off 18% of Staff Amid Crypto Meltdown

Further waves of reckoning swept through the cryptocurrency industry Tuesday, with exchange company Coinbase Global Inc. saying it would cut almost a fifth of its staff and crypto lender Celsius Network LLC hiring a law firm to examine restructuring options. Coinbase, one of the signal growth companies of the crypto boom, said it was slashing …

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S&P 500 Enters Bear Market as Dow, Nasdaq Fall

S&P 500 Enters Bear Market as Dow, Nasdaq Fall

The stock-market selloff deepened Monday, with the S&P 500 entering a bear market, as investors took another look at Friday’s red-hot inflation data and liked it even less. Faced with rising chances of aggressive monetary tightening by the Federal Reserve, investors broadly unloaded risk. The S&P 500 slumped 3.9% as 495 of its 500 components …

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