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On May 28th, Weibo (09898.HK) announced its Q1 2026 results. Net revenue for Q1 totaled US$421 million, a 6% increase from US$397 million in the same period last year. Advertising and marketing revenue for Q1 was US$369 million, a 9% increase year-over-year; advertising and marketing revenue (excluding advertising revenue from Alibaba) was US$327 million, a 10% increase year-over-year. Advertising and marketing revenue from Alibaba was US$43.3 million, a 2% increase year-over-year. Value-added services revenue for Q1 was US$51.6 million, an 11% decrease year-over-year, primarily due to reduced revenue contribution from game-related businesses. Monthly active users in March 2026 reached 562 million, and daily active users in March 2026 reached 254 million. As of March 31, 2026, Weibos total cash, cash equivalents, and short-term investments amounted to US$2.59 billion. Cash generated from operating activities in the first quarter of 2026 was US$164 million, total capital expenditures were US$11.9 million, and depreciation and amortization expenses were US$15.5 million.On May 28, the General Staff of the Ukrainian Armed Forces announced that Ukrainian troops had attacked the Tuapse oil refinery in Russias Krasnodar Krai. A statement from the General Staff said the attack occurred on the night of May 27. The refinery experienced fire and heavy smoke, and the extent of the damage is being assessed. The Tuapse refinery is one of the largest oil refining enterprises in southern Russia, with an annual refining capacity of approximately 12 million tons.May 28th - More than half of Venezuelans support dollarizing the economy to curb one of the worlds fastest inflation rates. An AtlasIntel survey shows that 31% of respondents support dollarization, while another 26% strongly support the measure. In contrast, those who oppose or strongly oppose it total 30%. According to data from the Venezuelan central bank, the countrys annual consumer price index surged to around 600% in April, up from 475% in December. This hyperinflation has placed a heavy burden on Venezuelans amid a weak job market and low wages. Although Venezuela and the United States have joined forces to try to reopen the economy and attract foreign investment, public confidence and sentiment continue to deteriorate. The survey results show that approximately 79% of respondents considered the economic situation in May to be "bad," an increase of two percentage points from the previous month.Russian Ministry of Defense: Russian troops have established control over Novovasilevka in the Kharkiv region.On May 28th, XPeng Group released its first quarter 2026 results. In April 2026, total deliveries reached 31,011 vehicles; as of April 30, 2026, cumulative deliveries for the year reached 93,693 vehicles.

Dear ADA Crypto Fans, Mark Your Calendars for Sept. 22

Cory Russell

Sep 19, 2022 14:56

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In the cryptocurrency industry, there is growing expectation after yesterday night's merger of Ethereum (ETH-USD). There is a lot to be thrilled about for Cardano (ADA-USD) and the ADA cryptocurrency investors, in fact. This is due to Cardano's network being the next to undergo a significant upgrade.


There is now a confirmed date for the much awaited Vasil hard fork, which was previously planned for June. It's interesting that this launch has been set for September 22 by the Cardano devs. According to recent sources, this date is official. Given that this update has been delayed, which has some members of the Cardano community worried, that's wonderful for investors.


Building on the Ethereum Merge's success, it seems investors are becoming more optimistic about this update. Cardano had a spike when Ethereum successfully integrated its mainnet with its proof-of-stake Beacon Chain, although now trading slightly lower.


Maybe the Cardano development team chose September as the launch month to capitalize on the enthusiasm created by Ethereum's success. Or maybe this improvement has been put off for too long and is now ready to be implemented. In any event, there is a lot of curiosity around this hard fork.


Let's explore Cardano's plans and what they entail for investors.

Is It Time to Buy ADA Cryptocurrency?

This Vasil hard fork seems prepared to start. Similar to the Ethereum Merge, this significant improvement has undergone extensive preparation. And similar to the Ethereum merger, some ardent Cardano supporters have expressed frustration about delays.


Despite this, many believe that Cardano's decision to take its time with this significant update is beneficial. The network should benefit from the scalability improvements and possible transaction price reductions. However, if they are carried out improperly, more harm than benefit might result.


Input Output (IOG), Cardano's blockchain development lab, said that successful and thorough testing has brought them to this point. They believe they are prepared to launch, and September 22 seems like a sufficient amount of time to iron out all the details.


Cardano will undoubtedly be an intriguing token to follow from here. Although volatility may continue, I believe there may be gains for this token after a successful hard fork.

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