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Digital Currency Revolution

Cryptocurrency: Prosecutors are convinced Do Kwon is ‘on the run’ but Terraform founder denies the claim

Sep 19, 2022 08:53 am UTC| Business Digital Currency Investing

Terraform Labs founder, Do Kwon, is on the run, according to South Korean prosecutors. They said that the wanted businessman who was accused of massive fraud after his cryptocurrency firm collapsed in May is obviously in...

Digital Currency Revolution

NFT: South Korea’s Seongnam city to jump into the Metaverse, to issue NFT citizenship

Sep 16, 2022 09:05 am UTC| Business Digital Currency Investing

Seongnam is South Koreas 12th most populated city, and it revealed its plans to jump into the metaverse and non-fungible token. It said that it would be recreating the entire city in the virtual space and issuing NFT...

Digital Currency Revolution

NFT: Epic Games debuts its first NFT Game on the marketplace

Sep 16, 2022 07:57 am UTC| Business Digital Currency Investing

Epic Games Inc., the developer of the Fortnite free-to-play Battle Royale game, has launched its very first non-fungible token (NFT) game title on its marketplace. The American video game and software developer and...

Digital Currency Revolution

NFT: GameStop introduces NFT trading cards as added perks for its rewards program members

Sep 15, 2022 10:07 am UTC| Business Digital Currency Investing

GameStop announced it has added a new perk for members of its loyalty program. The move is also another step as the company dives deeper into the virtual space. The Grapevine, Texas-headquartered video game, consumer...

Cryptocurrency: Terraform’s co-founder Do Kwon facing arrest over the collapse of Luna crypto

Sep 15, 2022 09:35 am UTC| Business Digital Currency Investing

Terraform Labs co-founder and chief executive officer, Kwon Do Hyung, who is widely known as Do Kwon, is facing detention after South Korea issued an arrest warrant this week. The law enforcers were instructed to pick him...

Digital Currency Revolution

NFT: Starbucks is brewing an NFT-based loyalty program for rewards members

Sep 15, 2022 08:44 am UTC| Business Digital Currency Investing

Starbucks announced it would be offering something new to members of its loyalty program. The coffee chain will add an NFT-based perk where people will be able to buy digital collectible stamps in non-fungible token...

Digital Currency Revolution

NFT: G-Dragon’s PEACEMINUSONE, Wade collaborate for non-fungible token release

Sep 14, 2022 10:26 am UTC| Business Digital Currency Investing

PEACEMINUSONE, which is known to have been founded by Kpop superstar G-Dragon of BigBang, is teaming up with Wade, a virtual artist and influencer. GDs fashion brand and Wade will combine their creative prowess to produce...

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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...