Cryptocurrencies

Magic Internet Money token depegs as Terra (LUNA) domino effect persists

Magic Internet Money (MIM), a US dollar-pegged stablecoin of the Abracadabra ecosystem, joins the growing list of tokens losing their $1 value amid an untimely

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Elon Musk hints at downsizing in a meeting with Twitter employees

Elon Musk informed Twitter Inc. (NYSE:TWTR) staff via a phone call that he intends to increase the social site’s user numbers and that he hasn’t

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Continental Resources shares jumped 8%; Here is why

Continental Resources Inc. (NYSE: CLR) shares jumped 8% after announcing that its board of directors has received a non-binding offer letter from Harold G. Hamm

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Chris Verrone: Apple stock could tank another 20% from here

Invezz does not provide financial advice. Our aim is to simplify information about investing, enabling each user to make educated decisions with their money and

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Google’s YouTube Shorts rivaling Tktok’s dominance in the brief-video segment

Each month, over 1.5 billion users watch YouTube Shorts, according to Alphabet Inc.’s (NASDAQ: GOOG) Google, showing that the short-video platform has grown to a similar

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Reliance and Disney bid to stream Indian Premier League cricket

The cost you’ll incur to stream Indian Premier League cricket tripled to about $6.2 billion, or around 480 billion rupees. This made acquiring media rights

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TELUS Corp is spending $2.3 billion to make this acquisition

Telus Corporation (NYSE: TU) has announced a definitive agreement with LifeWorks Inc., under which it will purchase all outstanding and issued LifeWorks common shares at

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MicroStrategy Shares down 25% As Sale of Risk Assets Grows

MicroStrategy Incorporated (NASDAQ: MSTR) shares dropped 25% as cryptocurrency-related stocks slipped in premarket trading as the world’s largest cryptocurrency, Bitcoin, dipped to its lowest level

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Prologis to merge with Duke Realty in an all-stock deal

Prolgis Inc (NYSE: PLD) announced that it’s entering a definitive merger agreement with Duke Realty worth roughly $26 billion in an all-stock transaction, with the assumption

Business

Stablecoins highlight ‘structural fragilities’ of crypto — Federal Reserve

The Federal Reserve’s board of governors pointed to stablecoins as a potential risk to financial stability amid a volatile crypto market. In its Monetary Policy