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SHIBUSD

Shiba Inu's price has dropped by 8% following the problematic launch of the Shibarium network. Transactions on the network were halted for at least five hours, with users unable to transfer Ethereum and BONE tokens. The Shibarium RPC website is currently inaccessible or experiencing downtime. Shytoshi Kusama, the lead developer of Shiba Inu, admitted in a Telegram channel that they 'f***ed up hard' and can't recover the ETH bridge.

Portfolio Pulse from Mehab Qureshi

August 17, 2023 | 6:57 am

RIVN

Rivian Automotive (NASDAQ:RIVN) has released a new mobile software update that allows vehicle owners to self-schedule service appointments. The update is part of Rivian's vision for an EV future where vehicles self-monitor their health. The company maintains a human-centric approach to customer support, with all interactions handled by real employees.

Portfolio Pulse from Anan Ashraf

August 17, 2023 | 6:07 am

GM

GOOG

GOOGL

A self-driving vehicle from GM Cruise got stuck in freshly poured concrete in San Francisco, less than a week after California extended driverless robotaxi operations around the clock. The incident occurred at a construction site and the vehicle was later recovered by Cruise workers. This comes after the California Public Utilities Commission granted Alphabet Inc's Waymo and General Motor's Cruise permission to operate autonomous vehicles with paying passengers throughout the day.

Portfolio Pulse from Anan Ashraf

August 17, 2023 | 3:59 am

BONEUSD

SHIBUSD

The Shiba Inu project has launched Shibarium, a layer-2 scaling solution, on the mainnet. This is expected to enhance the performance and capabilities of tokens in the Shiba Inu ecosystem, including SHIB and BONE. The launch has led to a significant burn rate spike, with over $342 million worth of SHIB burned in the last 24 hours. However, Shiba Inu's price has dropped 9.0% over the past 24 hours.

Portfolio Pulse from Mehab Qureshi

August 17, 2023 | 3:46 am

TSLA

Tesla (NASDAQ:TSLA) has been seen transporting multiple Cybertrucks, some of which appear to be for crash testing, according to reports. This comes as Tesla is undergoing final validation testing for the Cybertruck, anticipating a delivery event by the end of the quarter.

Portfolio Pulse from Benzinga Neuro

August 17, 2023 | 3:43 am

NVO

A recent study partially financed by Novo Nordisk suggests that the company's weight loss injection, Wegovy, could prevent 1.5 million heart attacks and strokes over 10 years. The study also found that Wegovy could result in 43 million fewer Americans with obesity over the same period. These findings support the initial data from Novo Nordisk's clinical trial, which found that Wegovy reduced the risk of serious heart issues and heart-related death by 20%.

Portfolio Pulse from Benzinga Neuro

August 17, 2023 | 3:33 am

ETHUSD

Ethereum co-founder Vitalik Buterin has praised Elon Musk's X, formerly known as Twitter's 'Community Notes' feature, for bridging 'crypto values' with reality. Buterin stated that the feature, which allows users to append notes to potentially misleading tweets and rate them, is a good example of 'crypto values' becoming a reality. He also dismissed speculations that Musk might use the feature to delete specific content due to his business interests, stating that the algorithm is open source and verifiable.

Portfolio Pulse from Ananya Gairola

August 17, 2023 | 2:28 am

BONEUSD

ETHUSD

SHIBUSD

Shiba Inu's Ethereum Layer 2 blockchain, Shibarium, has launched its mainnet after a successful testnet phase that saw over 21 million user wallets. The mainnet aims to address transaction speed and high gas fees issues in the blockchain space. It operates on the proof of stake consensus mechanism and rewards contributors with the BONE governance token. Shibarium also plans to integrate self-sovereign identity into its protocols for enhanced user privacy.

Portfolio Pulse from Murtuza Merchant

August 16, 2023 | 9:40 pm

SONY

Producers of 'Spider-Man: Across The Spider-Verse' have explained the reasons behind the changes made to the film's digital version. Sony Pictures Imageworks, a division of Sony Group Corp., made modifications to improve the finished version of the film. However, some changes in the film's home release received less positive reception. The release date for the sequel, 'Beyond the Spider-Verse', remains uncertain due to the SAG-AFTRA and Writers Guild of America strikes.

Portfolio Pulse from Franca Quarneti

August 16, 2023 | 9:21 pm

AMD

AMD's Ryzen 5 7500F is now available for purchase in the U.S. and Europe, as reported by Tom's Hardware.

Portfolio Pulse from Charles Gross

August 16, 2023 | 8:47 pm