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Digital Currency Revolution

Bybit to Suspend UK Operations Amid Regulatory Changes; Phases Out Services Starting October

Sep 25, 2023 06:08 am UTC| Business Digital Currency Investing

Dubai-based Bybit is suspending its U.K. operations in light of recent regulatory guidelines. Starting in October, U.K. users will find restrictions on service access. CoinTelegraph reports phased service termination...

Mirae Asset Dominates Korean Equity ETF Market, Spotlight on Innovative Tiger ETFs

Sep 23, 2023 10:21 am UTC| Economy Investing Business

Mirae Asset Global Investments has reigned in Koreas equity ETF market since April 2022. Their expansive TIGER ETF portfolio captures 38% of the local market, bolstered by AI and tech trends. The Korean ETF market alone...

Digital Currency Revolution

Busan Aims to Become South Korea's Blockchain Hub with $75M Public Mainnet Project

Sep 22, 2023 11:42 am UTC| Business Digital Currency Investing Technology

Busan, the second largest city in South Korea, has set out to work on achieving its goal of becoming a Blockchain City. The city will soon launch a public mainnet as part of its initiative for the project that has been...

Digital Currency Revolution

Tether Diversifies Portfolio with Strategic Stake in Northern Data AG, Signals Move into AI

Sep 22, 2023 09:20 am UTC| Business Investing Digital Currency

Tether, a known issuer of stablecoin, has acquired a stake in Northern Data AG and is investing an undisclosed amount in this. It was reported that this deal with the German Computer application company also suggests that...

Digital Currency Revolution

Binance Set to Delist Stablecoins in EU Amidst MiCA Regulatory Changes

Sep 22, 2023 04:38 am UTC| Business Investing Digital Currency

Binance is reportedly preparing to delist stablecoins in the European market. The crypto exchange is making this move to comply with the new law in the EU based on the standards set by Markets in Crypto Assets...

Digital Currency Revolution

Stanford University to Return FTX Cash Gifts in Its Entirety

Sep 21, 2023 05:45 am UTC| Business Digital Currency Investing

Stanford University reportedly expressed its intention to return all the gifts it received from the now-defunct FTX Trading Ltd. The California-based private research university is said to have funds from Sam...

Digital Currency Revolution

Former Deutsche Bank Exec Rashawn Russell Pleads Guilty to $1.5M Cryptocurrency Fraud

Sep 21, 2023 05:03 am UTC| Business Digital Currency Investing

A former executive of Deutsche Bank, Rashawn Russell, is facing up to 30 years of jail time after pleading guilty to charges related to a fraudulent cryptocurrency trading scheme. It was earlier this year when he was first...

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Economy

US-Iran Gulf Clash Raises Oil Market and Defense Stock Concerns

A fresh military confrontation between the United States and Iran has intensified concerns over global oil supplies, defense sector performance, and Middle East security. According to reports citing U.S. Central Command...

Oil Prices Slip but End Two-Week Losing Streak as Middle East Tensions Persist in 2026

Global oil prices moved lower on Friday after operations resumed at Omans key Mina al Fahal oil terminal following reports of a drone-related incident. Despite the daily decline, both Brent crude and West Texas...

Gold Prices Tumble as Strong U.S. Jobs Report Fuels Fed Rate Hike Expectations

Gold prices recorded a sharp decline on Friday and were set for a weekly loss after stronger-than-expected U.S. employment data increased expectations that the Federal Reserve may raise interest rates later in 2026. The...

US Dollar Hits Near Two-Month High as Strong Jobs Data and Middle East Tensions Boost Rate Hike Expectations

The U.S. dollar climbed to its highest level in nearly two months on Friday, supported by stronger-than-expected labor market data and escalating geopolitical tensions in the Middle East. The U.S. Dollar Index (DXY), which...

US Stock Market Tumbles as Tech and Semiconductor Stocks Lead Massive Selloff

U.S. stocks suffered a sharp decline on Friday, ending Wall Streets impressive nine-week winning streak as technology and semiconductor shares experienced heavy selling pressure. The market downturn came after a...

Politics

Russian Strikes Kill Five in Ukraine’s Kherson Region as Border Attacks Continue

Russian attacks killed five people in Ukraines southern Kherson region on Friday, according to regional governor Oleksandr Prokudin, highlighting the continued intensity of the Russia-Ukraine war. The incidents occurred in...

US Approves $1.5 Billion Seahawk Helicopter Sale to New Zealand Amid Defense Spending Surge

The United States has approved a potential $1.5 billion Foreign Military Sale (FMS) to New Zealand for five MH-60R Seahawk multi-mission maritime helicopters and related military equipment, marking a significant step in...

US Strikes Iranian Radar Sites After Drones Threaten Strait of Hormuz

The United States military confirmed that it carried out targeted strikes against Iranian radar installations on Friday after Iran allegedly launched four attack drones toward the strategically important Strait of Hormuz....

Trump Forced Labour Tariff Plan Faces Criticism as Experts Question Effectiveness

President Donald Trumps proposed tariffs targeting countries accused of failing to combat forced labour are drawing criticism from trade experts, business organizations, and human rights advocates, who argue the measures...

Putin Says Ukraine War Could End Through Compromise as Russian Forces Continue Advances

Russian President Vladimir Putin reaffirmed Russias hardline position on the Ukraine war, stating that Russian troops continue to make battlefield gains while signaling that a peace agreement remains possible if Kyiv...

Science

Blue Origin New Glenn Explosion Could Delay Launch Operations Until 2028

Blue Origin is facing a significant setback after a dramatic explosion involving its New Glenn rocket severely damaged a launch pad at Cape Canaveral, Florida. According to NASA Administrator Jared Isaacman, repairs to the...

Blue Origin New Glenn Rocket Explodes During Launch Pad Test, Delaying Space Ambitions

Blue Origin suffered a major setback after its uncrewed New Glenn rocket exploded during a launch pad test in Florida on Thursday, raising new challenges for Jeff Bezos space company as it competes with Elon Musks SpaceX...

SpaceX Delays Starship V3 Launch Ahead of Potential Record IPO

SpaceX on Thursday postponed the highly anticipated launch of its 12th Starship rocket test from Texas after technical issues interrupted the final countdown. The company now plans to attempt the Starship V3 launch again...

Trump Administration Releases New UFO Files and Apollo Mission Records

The U.S. Defense Department has released dozens of previously classified UFO-related files following an order from President Donald Trump, sparking renewed debate over unidentified anomalous phenomena (UAP) and government...

China vs. NASA: The New Moon Race and What's at Stake by 2030

The space race is back and this time, its a direct competition between the United States and China for dominance on the lunar surface. NASAs Artemis II mission recently made history when four astronauts flew farther into...

Technology

Apollo and Blackstone Complete $35 Billion Anthropic AI Infrastructure Financing Deal

Apollo Global Management (NYSE: APO) and Blackstone (NYSE: BX) have completed a landmark $35 billion financing package for artificial intelligence company Anthropic, marking one of the largest private credit transactions...

US Officials Explore AI Company Equity Stakes Ahead of OpenAI and Anthropic IPO Plans

Senior U.S. government officials have reportedly held preliminary discussions with leading artificial intelligence companies regarding the possibility of the federal government acquiring equity stakes in their businesses....

Switch Eyes Multi-Billion-Dollar Funding Round at $50 Billion Valuation Ahead of Potential IPO

Data center operator Switch is reportedly in discussions to raise billions of dollars in a new funding round that could value the company at more than $50 billion, according to a report from The Information. The potential...

South Korea Weighs AI Profit Sharing as Samsung and SK Hynix Earnings Surge

South Koreas Labor Minister Kim Young-hoon has called for a national discussion on how to distribute the extraordinary profits generated by the countrys booming artificial intelligence (AI) and semiconductor industries....

Jensen Huang Strengthens Nvidia’s South Korea Ties Amid AI Expansion

Nvidia CEO Jensen Huang is set to make his second visit to South Korea in just seven months, underscoring the countrys growing importance in the global artificial intelligence ecosystem. Beyond high-level business...