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Digital Currency Revolution

Binance fined $3.4M for alleged illegal operation in the Netherlands

Jul 19, 2022 07:26 am UTC| Business Digital Currency Investing

Binance, which is currently the largest exchange in the world in terms of daily trading volume of cryptocurrencies, has been fined by the Dutch central bank. The crypto exchange firm needs to pay up 3.3 million or around...

Digital Currency Revolution

Blockchain: SK Telecom launching digital wallet with AhnLab Blockchain Company, Atomrigs Lab

Jul 13, 2022 07:05 am UTC| Business Digital Currency Investing

SK Telecom is set to launch a digital wallet in partnership with AhnLab Blockchain Company and Atomrigs Lab. They will be co-developing a digital asset wallet service, and this was confirmed on Monday, July 11. The three...

Digital Currency Revolution

NFT: GameStop debuts its own non-fungible token marketplace

Jul 12, 2022 09:14 am UTC| Business Investing Digital Currency

GameStop, a video game, consumer electronics, and gaming consumer goods retailer, revealed on Monday, July 11, that it is finally debuting its online-based NFT marketplace. The company pushed through with this plan in a...

Digital Currency Revolution

Cryptocurrency: Voyager Digital crypto broker files for bankruptcy

Jul 07, 2022 07:45 am UTC| Business Digital Currency Investing

Voyager Digital is a crypto company that helps people find the best prices for cryptocurrencies that they want to buy or sell through its broking services. Its business thrived well, but as the value of crypto continues to...

Digital Currency Revolution

Cryptocurrency: Elon Musk's Boring Company adds Dogecoin option as payment for rides at the Loop

Jul 07, 2022 06:08 am UTC| Business Investing Digital Currency

Elon Musks The Boring Company, an American infrastructure and tunnel construction services firm, added a new option for customers to pay for their rides on Loop, the transit system in Las Vegas that TBC is building. The...

Digital Currency Revolution

Metaverse: SK Telecom to launch its ifland virtual platform worldwide

Jul 04, 2022 08:52 am UTC| Business Investing Digital Currency

SK Telecom, a South Korean telecom company, has been developing proprietary technologies in augmented reality (AR) and virtual reality (VR), and in 2021, it was able to launch its new metaverse service called the...

Digital Currency Revolution

Metaverse: KPMG enters the virtual world, invests $30M to build metaverse platform for staff

Jun 30, 2022 10:07 am UTC| Business Digital Currency Investing

KPMG, one of the biggest accounting organizations, is diving into the metaverse and looking into business operations where it can also make use of the virtual world, such as retail, healthcare, consumer, media units, and...

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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...