ARK pushes back against a16z’s ‘TradFi wants blockchain, not DeFi’ claim
ARK Invest’s director of research disputed a16z crypto’s thesis that traditional finance will adopt permissioned blockchain infrastructure instead of…
The Lehman Bros. moment of the AI bubble is coming, says this critic warning of fallout for tech stocks and the entire market
OpenAI is going down, and taking investors and an entire industry with it, argues artificialintelligence critic Ed Zitron. Source:MarketWatch
Tether invests $20 million in Argentine neobank Ualá as it expands Latin America push
Ualá’s CEO clarified Tether is acting solely as a financial investor, citing current regional regulations preventing any immediate USDT integration.…
TSMC posts record quarter — but expectations are now ‘exceptionally high,’ says fund manager
TSMC’s stock declined in New York as investors likely sold the good news to lock in profit. Source:MarketWatch
Tether invests $20M into Argentine neobank Ualá
Tether reportedly invested $20 million into Ualá, as part of the Argentine neobank’s $197 million funding round announced earlier in March. Source:Cointelegraph
Live updates: ZachXBT calls hardware wallets complete garbage; BTC steady near $65,000
Blockchain investigator ZachXBT came down heavily on hardware wallets. BTC traded steady near $65,000 after South Korea's rate hike. Source:CoinDesk
Two Groups of bitcoin Investors sell on the rise as U.S. inflation lifts prices to nearly $65,000
Bitcoin surges toward $65,000 on softerthanexpected inflation data, but onchain signals show two key investor groups selling into the bounce. Source:CoinDesk
The trucking market is tighter than it’s been in years — but investors are upbeat on J.B. Hunt
Shares of the trucking giant jump 8% after hours, as fuel charges and demand for its railroadconnection business lift results Source:MarketWatch
AI is so big, it’s now impossible for investors to avoid
Exposure to the artificialintelligence boom has become virtually impossible for investors to avoid. The theme hasn’t just cornered the stock market. It has…
United Airlines gets hit by a $6 billion added-fuel-cost headwind
Investors zero in on United’s potentially fatter jetfuel bill — the airline said it expects nearly $6 billion in additional fuel expenses for the year.…
Revolut receives in-principle approval from UAE authorities for crypto services
Dubai’s Virtual Assets Regulatory Authority approved the Londonheadquartered fintech company for brokerdealer, management and investment, and exchange services…
What the launch of SK Hynix leveraged ETFs tells us about the hottest trade on Wall Street
Investors are still enthusiastic about the memory boom, and are looking for new ways to cash in. Source:MarketWatch