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More than $8 million made from NFT wash trading: Chainalysis
Feb 03,2022
Blockchain analysis firm Chainalysis said 110 NFT wash traders have collectively made about$8.9 million in profit in 2021. The company defines "wash trading" as transactions where the seller is on both sides of the trade and attempts to paint a ...
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Meta lost over a quarter of its value in a single day. That's almost $240 billion
Feb 03,2022
Facebook parent company Meta had a very, very bad 24 hours. In a single day of trading, it watched almost$240 billion, or just over one quarter of its entire market value, vanish in a puff of investor panic.  The problems for the company began d...
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$324 million stolen from blockchain platform Wormhole
Feb 02,2022
Wormhole, a popular blockchain bridge, confirmed on Wednesday evening that hackers stole crypto-assets worth$324 million. The platform serves as a bridge between different blockchains and allows users to transfer cryptocurrency. The company confirmed...
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Westpac pushes ahead with restructure plans to bring tech 'closer to customers'
Feb 02,2022
Westpac announced during its 2021 financial results in November that it wanted to reduce its cost base to AU$8 billion by 2024. On Thursday, the red and white bank said it would begin implementing that plan by reducing its corporate functions by arou...
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T-Mobile's 5G network reaches 210 million customers, drives record Q4 revenue
Feb 02,2022
T-Mobile exceeded guidance to reach total Q4 2021 revenues of$20.78 billion, beating the previous year's fourth quarter take of$20.34 billion.  Most of this growth showed in the company's postpaid services, which contributed revenues of$10.96 bi...
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Fintech company Save partners with Visa to release a new high-yield credit card
Feb 02,2022
Save and Visa announced last week that they are partnering to release a high-yield credit card. The Save Wealth Card will be released in February 2022 and is expected to have an annual fee of$750 with an average annual return of 6% with no purchase r...
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Web3 for everybody: How to get your free 'dot human' NFT domain
Feb 02,2022
Special Feature Financial Literacy Month April is Financial Literacy Month. ZDNet gives you the finance background you need to help you better understand, and manage, your personal finances, from credit cards and banking to taxes and even cry...
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Capital One Journey Student credit card review: Build responsible habits
Feb 02,2022
The Journey Student Rewards from Capital One has been discontinued.  The Journey Student credit card from Capital One could be a good option for consumers wanting to establish or improve their credit. And despite the name, it's available to e...
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AMD's Q4 EPYC growth headlines a record-breaking 2021
Feb 01,2022
Microprocessor maker Advanced Micro Devices (AMD) reported revenue and operating income growth for the fourth quarter and fiscal year ending December 25, 2021.  Revenue rose 49%, year over year, for the final quarter. The$4.8 billion in net sale...
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Coachella to auction 10 lifetime festival passes as NFTs
Feb 01,2022
Coachella announced on Tuesday that it will be auctioning off 10 NFTs that will serve as stand-ins for lifetime festival passes. The move is part of a larger deal with cryptocurrency exchange FTX.  More Crypto How do I buy Bitcoin? Here's how...
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Block completes acquisition of "buy now, pay later" specialist Afterpay
Feb 01,2022
Block (formerly Square) announced that it has successfully closed its acquisition of the "buy now, pay later (BNPL)" company Afterpay.  The recently-renamed firm originally announced plans to purchase the payment processing company for AU$3...
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AT&T reveals final details of WarnerMedia spinoff, cuts dividend
Feb 01,2022
AT&T explained the final details of its planned spin-off of WarnerMedia, cutting its dividend nearly in half in the process.  The telecommunications and media company revealed its plans to shed the WarnerMedia division from its operations ne...
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