US Banking Giant JP Morgan Buys 75% Majority Stake in Volkswagen Payment Unit
JPMorgan stated on Wednesday that it plans to acquire a majority stake of close to 75% in Volkswagen’s payments business, according to a report by CNBC on...
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SEC Warns to Sue Coinbase Over Planned Lend Offering
The SEC has cautioned to sue if Coinbase proceeds with a plan to provide a new product called Lend, according to a report by Coinbase on Wednesday....
Fast Food Giant McDonald’s Started Accepting Bitcoin Payments in El Salvador
Surprisingly, McDonald’s in El Salvador already can and is willing to accept Bitcoin payments, according to a report by Bitcoin Magazine on Tuesday. The company has made...
Berkshire Gains from BYD Investment Up $2 Billion This Year Alone
Multinational conglomerate Berkshire Hathaway Inc. has gained $2 billion from its holdings of Chinese automaker BYD Co. Ltd. so far this year, Markets Insider reported. Berkshire acquired...
BTC Price Outlook: Stability Above $50K Achieved. $55k Next Milestone?
El Salvador makes history as it officially begins accepting BTC as legal tender.A successful rollout of BTC in El Salvador is likely to be followed by other...
Tencent Shares’ Buyback Bolstering Sentiment on China Stocks
Chinese tech stocks jumped to their highest level in a month after a round of share buybacks by Tencent boosted market sentiment, according to a report by...
