December, 2024

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December, 2024

Is GameStop’s $17M profit a sign of recovery or a one-off win?
GameStop announced a surprising profit of $17.4 million for the third quarter, reversing a net loss of $3.1 million the previous year. The video game retailer attributed this shift to aggressive cost-...

ChatGPT’s Canvas tool is now free for all ChatGPT users
OpenAI has moved its Canvas editing tool out of beta, making it available to all ChatGPT users and introducing new features. The announcement, made during the ongoing “12 Days of OpenAI” event, fo...

Walgreens stock hits 20% surge as buyout talks heat up
Walgreens shares surged nearly 20% on reports of a potential acquisition by Sycamore Partners. The pharmacy chain is considering selling itself following difficult financial circumstances, struggling ...

Decentralization democratizes access to AI computing — Theta Labs exec
Theta Labs head of strategy Wes Levitt says the decentralized cloud is more cost-effective and offers greater flexibility and reliability for AI solutions....

CoinShares forecasts boom in Bitcoin yield solutions for 2025
Bitcoin has been increasingly recognized as not only a store of value but also a means to generate yields, CoinShares’ analyst Satish Patel said....

Fame and failure: 7 celebrity-endorsed crypto scams that went wrong
The memecoin craze is luring investors to chase quick profits, while some celebrities are capitalizing on the trend, launching or promoting tokens and often veering into scams....

DeFi growth boosts oracle market competition — RedStone co-founder
As DeFi expands, the oracle market faces new competition from emerging providers challenging established players like Chainlink....

Crypto travel platform Travala launches Bitcoin and AVA reserve
The treasury reserve plan will provide Travala with additional financial resources in the future, according to the CEO....

Goldman Sachs Considering Bitcoin is Exactly How Best Wallet Is Slated to Reach $4.4bn of the Non-Custodial Market
Sentiment from the head of a Wall Street giant signals good news for the cryptocurrency economy. Goldman Sachs CEO David Solomon has said that the investment banking major would evaluate trading crypt...

Tether’s USDT Hits New High—330 Million Wallets And Counting
As of the end of Q3 2024, Tether’s USDT stablecoin has hit a new record with 330 million on-chain wallets. This shows that USDT is the market leader in stablecoins and is accompanied by an astoundin...

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