Despite the fact that there has been talk about the possibility of a short squeeze involving Carvana, the company was one of the top gainers on the Fortune 500 list, placing third, with Walmart (NYSE: WMT) claiming first place overall. The Arizona-based online auto retailer reported revenue of $3.88 billion, a 16.2% year-on-year increase, missing estimates by $110 million. Similarly, earnings per share (EPS) were -$2.35, missing by $0.47. Furthermore, gross profit per unit (GPU) fell by $1,752 from the prior year’s quarter to now $3,368, with the firm expecting roughly less than $4,000 GPU and positive earnings in the entire year of 2023....

In a Twitter thread, anti-phishing extension provider Wallet Guard stated that the vulnerability could enable malicious actors to take charge of the victim’s computer without opening the file. Additionally, the exploit is not complicated and cannot be detected by anti-virus. How Follina impacts computer The attack manifests itself by using the Microsoft Office documents to open a Microsoft Diagnostics Tool (MSDT) file handler. Attackers might leverage phishing or social engineering to get users to open an attached file and gain access to the victim’s entire system from this point....

Notably, Fan Yifei, the deputy governor of the People’s Bank of China, who spoke at a recent event on digital banking in Beijing, said further efforts should be made to broaden the scenarios and environment for the use of the digital yuan in order to accomplish this, as per a report by the government-run China.org.cn news portal published on September 11. According to Fan, there must be more legislation and standards unification in areas such as digital identities, Bluetooth, and QR codes to promote the interconnection of different kinds of payment technologies, which would increase convenience for users of its central bank digital currency (CBDC) The central bank’s deputy governor also emphasized the need to enhance the safety of using digital yuan by modernizing the applicable technology to prevent the disclosure of user information and minimize potential dangers to data security....

Earlier this week, the lender, the name of which has not yet been confirmed, alerted Evergrande that it had appointed a receiver to take control of the property, which is estimated to be worth $1.2 billion, and to force a sale of it, according to four persons with knowledge of the situation, Cheng Leng, Tabby Kinder, and Chan Ho-him reported for the Financial Times on September 8. The sources went on to say that the lender held security over the China Evergrande Centre, a tower with 26 floors located close to Hong Kong island’s central business district, allowing it to take control of the building....

On the whole, earnings showed revenues of $808.3 million, a year-on-year (YoY) decrease of 63.7%, missing estimates by $60.07 million; additionally, the earnings per share (EPS) were -$4.98, missing estimates by $2.21. The shareholder letter that followed the earnings stated that the firm is cautiously optimistic about the future. COIN chart and analysis Volume has been considerably higher in the last couple of days, with both the short-term and long-term trends negative....

CoinGate offers both Bitcoin and real-time Euro settlements to shield merchants from cryptocurrency price volatility. In addition to a simple yet powerful API, it has developed over ten shopping cart modules, payment buttons, instant billing, as well as Point-of-Sale systems for retail enterprises. Its goal is to make accepting Bitcoin and other digital currencies as a form of payment as simple as possible for any online or retail business. In particular, the fintech payment gateway provides cryptocurrency payment processing services for businesses and enterprises of all sizes, having executed over 1....

As the entire cryptocurrency market faces strong levels of volatility following Jerome Powell’s latest news around interest rate hikes to curb inflation, crypto investors and traders are trying to estimate where the decentralized finance (DeFi) Solana (SOL), will trade by the end of September. The community at CoinMarketCap has made a bullish prediction, estimating that the SOL token will trade at a median price of $43.48 by September 30, 2022 – using the website’s ‘Price Estimate’ feature....

Amid the anticipation, investors have increasingly speculated on the movements in the near future. In particular, the crypto community at CoinMarketCap has made bullish predictions on the price of decentralized finance (DeFi) assets estimating that by September 30, 2022, ETH will trade above $2,000. Using CoinMarketCap’s‘ Price Estimates,’ the community projected that Ethereum will trade at $2,102 by the end of September, a 29.16% increase from the current price of the asset....

Specifically, the community at CoinMarketCap has estimated, with a historical accuracy rate of 83% and 3,960 votes, that this digital currency would trade at an average of $89.98 by the end of April 2022. The forecast price indicates a -$5.41 (-5.67%) increase from the decentralized finance (DeFi) asset’s current value of $95.39. Meanwhile, the votes from 1,618 community members for the end of May have set a slightly higher goal than April’s – estimating that the coin would trade at $90....

Bitcoin has fallen 2.4% in the previous 24 hours and has now dropped more than 3.6% in the last week. At the same time, the world’s second-largest virtual currency, Ether, is down 2.83% over the previous 24 hours and 9.8% in the last week alone. The worldwide crypto market value is $1.3 trillion, a 2.54% decline from the previous day, according to the tracking website CoinMarketCap. Global Cryptocurrency Market Cap Year-To-Date: Notably, the overall cryptocurrency market volume over the previous 24 hours is up with $67....

The move was initially fueled by rumors which had circulated prior to the initial announcement that the SEC would approve the first Bitcoin ETF early next week. Interestingly, on April 14, 2021, when BTC reached its all-time high, the crypto market cap was $2,194 trillion, whereas now it is $2,505 trillion, with many experts still predicting that Bitcoin will record a new all-time high. On Saturday morning, the global cryptocurrency market was trading in the green; at the time of writing, the market’s total worth is up 4....

In particular, cryptocurrency-related employment in 2022 hit 82,200, representing a spike of about 351% from 2019’s figure of 18,200, data by Block Research published on December 21 indicates. A breakdown of the job’s distribution indicates that trading and brokerage accounts for the highest share at 50% or 41,136. Interestingly, despite the slowdown in the non-fungible tokens (NFT) space, the sector accounted for the third highest share of employment at 8% of 6,738....

Indeed, Anthony Scaramucci, the founder and CEO of investment management company SkyBridge Capital, discussed the possibility of digital assets emerging from the crypto winter in an interview with CNBC’s Squawk Box published on August 12. During the interview, Scaramucci highlighted that he expected a lot more liveliness in the crypto market in the future, stating that: Scaramucci gives his take on the Merge Scaramucci also commented on the upcoming Merge update of the Ethereum (ETH) blockchain, which will officially mark the network’s transition from the Proof-of-Work (PoW) to the Proof-of-Stake (PoS) algorithm and “which is going to lower the transaction fees on that network....

Over the last seven days, Dash has held its ground against any sell-off waiting for a trigger to break the $250 price barrier. However, based on the price movement, the outlook for Dash price remains positive with $300 level the next target. With Dash outperforming its competitors with a similar market capitalisation, the coin is evidently attracting more buying power driving the price up. The momentum has also been inspired by the Bitcoin price movement that saw the asset trade above $50,000 over the weekend....

The inflow is likewise expected to continue rising in the coming months amid strong demand driven by the festival season in the country, according to the Association of Mutual Funds in India (Amfi) monthly data. Gold’s price correction provided buying opportunity for investors Gold is considered as a hedge during an economic downturn and when there are uncertainties in the equity markets, but the yellow metal is on a downward trajectory since June....

The devices have support for Titan Stabilization Algorithm alongside a new vertical and low-angle briefcase mode. The feature enables content creators to record interest views and angles that would be difficult to do manually. According to DJI, the stabilizers are more lightweight due to the use of carbon fiber material. The DJI RS2 weighs 1.3 kilograms and it can support a dynamic payload of 4.5 kilograms. For RSC 2, it weighs 1....

The ability to connect Discord and Spotify is new, and many users may not understand how it works. This guide has explained if your friends will know which music you are listening to on Discord when you are offline and how you can hide your Spotify activity when on Discord. How To Hide Your Spotify Activity When you open your Spotify, start listening to music, and log into Discord, your followers may know the music you are listening to....

The Southeast Asian government had outlawed cryptocurrency in 2018 and repeated its stance in August of this year. However, as part of a pilot program, Laos is seeking to develop its cryptocurrency laws. Indeed, six businesses have been permitted to test mining and selling cryptocurrencies such as Bitcoin (BTC), Ether (ETH), and Litecoin (LTC) in the country while relevant ministries are drafting laws controlling its usage. Ministries working together over regulations The Bank of Laos (BOL) and Electricite du Laos are working with several ministries to develop cryptocurrency usage regulations, with the ministry of technology and communications leading the way....

The deployment of a 5G network in the two cities is the beginning of a four-year plan to have Spain covered with 5G. The Spain 5G technology will run on a 3.6GHz spectrum and powered by the Ericsson Radio System. Under the partnership, Ericsson will supply Orange with a 5G Evolved Packet Core to support 5G New Radio non-standalone (NSA). Also, it will provide a control plane, user plane, and policy network functions....

A joint statement from the two institutions notes that the focus will be reviewing a broad range of policy, legal and technical questions around a possible digital euro. The digital euro will act as a complement to cash and payment solutions supplied by the private sector. The statement notes that: Additionally, the two EU institutions admit that the digital euro’s rollout might potentially face policy hurdles along the way. Privacy remains major concern Before announcing the partnership, ECB had closed a public consultation on the digital euro....