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Acorns to become a public company via SPAC deal
The fintech start-up Acorns will go public by merging with Pioneer Merger Corp. (NASDAQ: PACX), a special purpose acquisition vehicle (SPAC), according to CNBC. The
Bitcoin tackles $40,000 as Biden unveils new $6 trillion federal spending budget
Bitcoin (BTC) may get a boost to finally clear $40,000 at the expense of the U.S. dollar as United States President Joe Biden’s new $6
Blockchain platform raises $12M to build JavaScript-like DApps
Reach, a blockchain development platform for decentralized applications, has raised $12 million from investors to further its goals of simplifying the DApp creation process, the
US SEC wants to work with Congress to regulate crypto exchanges
The United States Securities and Exchange Commission is looking to cooperate with Congress and other regulators to increase its oversight of cryptocurrency exchanges. Gary Gensler,
Aviva to pay back shareholders after completion of the disposal programme
Aviva plc (LON: AV) reported strong performance for the first quarter on Thursday and expressed confidence that the profitability of its underwriting will improve further
Restricting crypto trading to millionaires good for Hong Kong, says official
Christopher Hui, Hong Kong’s Secretary for Financial Services and the Treasury has defended the recent proposal by the city’s Financial Services and the Treasury Bureau
Elon Musk not right person to lead green Bitcoin debate, Nic Carter says
Castle Island Ventures’ Nic Carter doesn’t think Elon Musk is the right person to lead the “clean Bitcoin“ debate, “possibly not as far as the
Crypto couple tells court the IRS has no right to tax newly mined coins
A couple investing in crypto have claimed that coins gained by mining or staking are not taxable until sold, in a complaint filed to federal
Analyst says DeFi and stablecoins held up well as crypto markets imploded
The decentralized finance (DeFi) sector faced its first real challenge during last week’s market sell-off that saw more than $1 trillion wiped from the global
3 key takeaways from Nvidia’s Q1 earnings report
Nvidia Corp (NASDAQ: NVDA) reported record results for its fiscal first quarter on Wednesday, despite a global chip shortage. The company also gave guidance that