Ethena warns users after domain hack and front-end exploit
Full story: https://grafa.com/news/cryptocurrencies-ethena-warns-users-after-domain-hack-and-front-end-exploit-276226 On September 18, Ethena Labs issued a warning to users after its website suffered a front-end attack caused by a compromised domain registrar account. Ethena Labs urged users to avoid interacting with any site or application claiming to be associated with Ethena (CRYPTO:ENA) until the issue is resolved. The website has been deactivated to prevent further exploitation. Ethena Labs rea
JPMorgan CEO warns of stagflation and recession risk in US economy
Full story: https://grafa.com/news/cryptocurrencies-jpmorgan-ceo-warns-of-stagflation-and-recession-risk-in-us-economy-275098 JPMorgan Chase CEO Jamie Dimon has issued a warning about the potential for stagflation, despite some signs that inflation might be easing. Speaking at the Council of Institutional Investors' fall conference in Brooklyn, New York, Dimon emphasised that the U.S. economy still faces significant challenges. He pointed to rising government deficits and increased spending as factors that could continue to fuel infla
Full story: https://grafa.com/news/cryptocurrencies-analyst-predicts-bitcoin-could-reach-new-highs-273885 Cryptocurrency analyst Kevin Svenson has expressed optimism about Bitcoin (CRYPTO:BTC) as it trades at more than 20% below its previous all-time high set in March. In a recent video shared with his 79,200 YouTube subscribers, Svenson stated that Bitcoin is "likely just a couple of months away from a new all-time high." Svenson notes that the correction Bitcoin is currently undergoing is a common feature of all market cycles. He explained, “People may
Full story: https://grafa.com/news/technology-cleanspark-buys-seven-bitcoin-mining-facilities-273606 CleanSpark (NASDAQ:CLSK), known as America's Bitcoin Miner®, has announced a strategic expansion through the acquisition of seven bitcoin mining facilities and related land in the Knoxville area, for a total investment of $27.5 million, equating to approximately $324,000 per megawatt. This significant acquisition underscores the Company's commitment to enhancing its infrastructure and capitalizing on market-leading valuations. The deal, set to be finalized by September 25
Sun Silver unveils antimony findings at Maverick Springs Project
Full story: https://grafa.com/news/mining-sun-silver-unveils-antimony-findings-at-maverick-springs-project-272763 Sun Silver (ASX:SS1) announced pXRF analysis results revealing high-grade antimony from a historic drill core in its 100% owned Maverick Springs Project, Nevada, USA. Multiple drilling holes showed significant antimony mineralisation, warranting further exploration to determine full deposit potential. Sun Silver reported anomalous Sb results over 1.3km apart within five historical drill holes. Notably, pXRF readings from hole MR124 indicated high
Full story: https://grafa.com/news/auto-and-cars-tesla-rises-on-record-china-sales-in-august-2024-272430 Tesla's shares (NASDAQ:TSLA) climbed 2.3% to $215.62 in premarket trading, buoyed by positive news from its key market in China. New energy vehicle sales in China surged 43.2%, accounting for a record 53.5% of total car sales. While BYD set a sales record, Tesla recorded its best month of the year, exporting 23,241 China-made vehicles in August. In another boost to Tesla, its supplier, Panasonic Energy, has completed preparations for mass-production of high-capaci
Full story: https://grafa.com/insights/mining-can-australia-s-lithium-industry-survive--271692 Australia produces lithium primarily from hard rock mining of spodumene deposits, not from lithium brine sources. But there is a big problem emerging, in that lithium brine production is more cost effective and more environmentally friendly than spodumene mining. Spodumene mining, a traditional method that involves extracting lithium from hard rock, often requires extensive land disruption, heavy machinery, and the generation of significant amounts of waste. Brine extract
SAIC (NYSE:SAIC) sees 2% revenue boost in Q2 fiscal 2025
Full story: https://grafa.com/news/united-states-saic--nyse-saic--sees-2--revenue-boost-in-q2-fiscal-2025-271188 Science Applications International Corporation (NYSE:SAIC) has disclosed its financial outcomes for the second quarter of fiscal year 2025, demonstrating steady growth amidst challenging market conditions. The defense contractor reported revenues of $1.82 billion, marking a 2% increase in organic growth. The company's net income was recorded at $81 million, with an adjusted EBITDA of $170 million, representing 9.4% of total revenues. Additionally,
NIO (NYSE:NIO) reports record Q2 vehicle deliveries, revenue spike
Full story: https://grafa.com/news/united-states-nio--nyse-nio--reports-record-q2-vehicle-deliveries--revenue-spike-271180 NIO (NYSE:NIO), a leading electric vehicle manufacturer, has announced its unaudited financial results for the second quarter of 2024, showcasing substantial growth in vehicle deliveries and revenue. For Q2 2024, NIO achieved total revenues of RMB17.446 million (approximately USD 2.401 billion), marking a striking 98.9% increase compared to the same period last year. This growth is primarily attributed to a significant rise in v
El Salvador reflects on Bitcoin adoption and future outlook
Full story: https://grafa.com/news/cryptocurrencies-el-salvador-reflects-on-bitcoin-adoption-and-future-outlook-268624 In a recent interview with TIME, Nayib Bukele, the President of El Salvador, shared his thoughts on the country's experience with Bitcoin (CRYPTO:BTC) since adopting it as legal tender. Bukele described the initiative’s outcomes as "net positive" but acknowledged that widespread adoption has not fully met initial expectations. While some Salvadorans and large businesses like McDonald’s have embraced Bitcoin for transactions, the extensi