Coinbase Global Has Been Selling Geo-Tracking Data To Homeland Security
It turns out that Coinbase Global (NASDAQ: COIN) isn’t all that focused on the privacy of its users. At least not to the extent that crypto investors would expect, given that users frequently use such currencies for anonymity. It was revealed by the Intercept last night that Coinbase is selling features to the US Immigrations […]
Canopy Growth To Settle $255.4 Million Of Senior Notes Via Share Issuance
Canopy growth (TSX: WEED) appears to be doing what it can to eliminate its debt obligations before they come due. The firm last night announced an arrangement, whereby a significant portion of outstanding unsecured convertible senior notes are to be settled for shares of the company. The arrangement will see C$255.4 million of the firms […]
The Party’s Over: Airbnb Makes Pandemic-Induced Party and Events Ban Permanent
Airbnb (NASDAQ: ABNB) on Tuesday announced that it will be officially codifying its ban on parties and events in its listings globally, making the ban part of its policy. The party ban was initially introduced as a temporary measure in August 2020 at the height of the Covid-19 pandemic. It was instated to curb “both […]
Tesla Closes California Site And Lays Off 200 Autopilot Workers
Tesla Inc. (NASDAQ: TSLA) recently cut almost 200 workers on its Autopilot team as the American electric-vehicle maker closed its facility in San Mateo, California. According to people familiar with the matter who spoke with Bloomberg, most of the 195 people that were let go were hourly workers. The company’s chief executive Elon Musk recently […]
Forget Crypto, Money Is Back To Gold – The Daily Dive
Returning to The Daily Dive is Michael Dehn, President, CEO & Director of United Lithium (CSE: ULTH). Michael joins us today to talk about Canada’s CPI, the Fed, his thoughts on crypto, as well as his read on the current market and what’s worth spending your cash on these days. Also discussed is United Lithium’s […]
Germany Gas Scenarios Show Nord Stream 1, Export Reduction Key To Avoid Shortage By December
Germany could be facing an empty national gas reserve by mid-December if it continues to export the resource at current levels, says the country’s gas regulatory body. In a report by Bundesnetzagentur, Germany’s Federal Network Agency, only by reducing gas exports and keeping import levels from Nord Stream 1 pipeline can the country achieve its […]
Peru Declares State Of Emergency To Face Protests After Failed Talks With Transport Group
Peru put the country’s roads under a state of emergency on Monday at midnight, deploying police and army personnel to avoid blockages. This is the government’s response to a truckers’ union declaration of indefinite strike after the two parties failed to reach an agreement in addressing rising fuel prices. “We have not reached an agreement […]
European Union Responds To Russian Gas Cuts With Mandatory Storage
Members of the European Union on Monday agreed that natural gas storage for all 27 nations should be filled up to at least 80% of total storage capacity for the coming winter, as the bloc braces itself for Russia squeezing supplies further. The EU Council on Monday adopted the gas storage regulation which was proposed […]
MicroStrategy Attempts To Buy The Bitcoin Dip With $10.0 Million Purchase
It appears that MicroStrategy Inc (NASDAQ: MSTR) is a bit hesitant to buy the dip in bitcoin, despite the grandstanding often done by the company’s founder. The firm this morning provided an update to its bitcoin holdings, indicating it has conducted small purchases over the last two months. A total of $10.0 million in cash […]
Patriot Battery Metals Reports Spodumene Pegmatite Intersected In Nine Holes Under Summer Drill Program
Patriot Battery Metals (CSE: PMET) released an update this morning on its ongoing summer drill program at its flagship Corvette Property, located in Quebec. The program as a whole is expected to consist of 15,000 metres of drilling, focused largely on infill and step out holes. To date a total of 3,110 metres of drilling […]