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Digital Currency Revolution

Crypto Bonk's Biggest Whale Invests $500K to Solana Startup Fund

Feb 02, 2024 05:37 am UTC| Digital Currency

The BONK meme coin emerged as a whimsical attempt to inject vitality into the Solana ecosystem following the turmoil caused by FTXs struggles in late 2022. Fast forward one year and both entities have experienced...

Digital Currency Revolution

OPNX Crypto Trading Platform Announces Shut Down This Month

Feb 02, 2024 03:54 am UTC| Business Digital Currency Investing

OPNX, or Open Exchange, a bankruptcy claims and crypto exchange, revealed it would shut down its platform this month. The company said users have until Feb. 7 to settle all transactions and withdraw their assets by Feb....

Digital Currency Revolution

DOJ Says FTX's Missing $400M Hacked in Sim-swap Modus

Feb 02, 2024 03:20 am UTC| Digital Currency

When more than $400 million worth of crypto was mysteriously pulled out of the coffers of what was once the worlds biggest cryptocurrency exchange, FTX, on the very day that it declared bankruptcy in November of 2022, many...

Digital Currency Revolution

Genesis Settles $21M SEC Lawsuit After Bankruptcy

Feb 02, 2024 03:09 am UTC| Digital Currency

Crypto lender Genesis Global has settled with the U.S. Securities and Exchange Commission (SEC) regarding its defunct Gemini Earn lending program. The agreement entails a $21 million fine, payable only if Genesis...

Digital Currency Revolution

Sen. Lummis Eyes Stablecoin Bill to Promote Crypto Legislation

Feb 02, 2024 02:46 am UTC| Digital Currency

Senator Cynthia Lummis disclosed on CoinDesk TV Thursday that the much-anticipated legislation to establish regulations for U.S. stablecoin issuers is undergoing quite delicate negotiations. She emphasized ongoing...

FxWirePro- Ethereum Daily Outlook

Feb 01, 2024 12:14 pm UTC| Technicals Digital Currency

ETHUSD is trading flat after hitting after a minor sell-off. It hit a low of $2239 yesterday and is currently trading around $2261. According to Standard Chartered Bank, the SEC will likely approve spot Ethereum...

FxWirePro- BTCUSD Daily Outlook

Feb 01, 2024 12:00 pm UTC| Technicals Digital Currency

BTCUSD prices pared some of their gains after the US Fed monetary policy. The central bank kept its rates unchanged and Powell ruled out an early rate cut on inflation concerns. It hit a low of $41859 and is currently...

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Economy

Japan Exports Surge for Seventh Month as AI Demand Offsets Middle East Trade Disruptions

Japans exports extended their growth streak for a seventh consecutive month in March, driven largely by strong global demand linked to artificial intelligence (AI) and data center expansion. According to government data,...

Oil Prices Slip Amid Iran Ceasefire Extension, Hormuz Disruptions Keep Markets Tense

Oil prices edged lower during volatile Asian trading on Wednesday as U.S. President Donald Trump announced an indefinite extension of the ceasefire with Iran. While the move raised hopes for continued peace talks, ongoing...

U.S. Stock Futures Rise as Trump Extends Iran Ceasefire, Easing Market Tensions

U.S. stock index futures moved higher evening after President Donald Trump announced an indefinite extension of a ceasefire with Iran, calming investor fears about escalating geopolitical tensions in the Middle East. The...

Canada-USMCA Review 2026: No Collapse Expected Despite July 1 Deadline

Canadas top trade negotiator to the United States, Janice Charette, has signaled that the upcoming July 1 deadline for reviewing the USMCA trade agreement should not be viewed as a breaking point for North American trade...

Paraguay Holds Interest Rate at 5.5% as Inflation Remains Stable Amid Global Uncertainty

Paraguays central bank has decided to keep its benchmark interest rate unchanged at 5.5% for the second straight month, signaling confidence in the countrys stable inflation outlook despite ongoing global economic...

Politics

Trump Administration Files Fraud Charges Against Southern Poverty Law Center Over Informant Payments

The Trump administration has filed criminal charges against the Southern Poverty Law Center (SPLC), a prominent civil rights organization known for tracking extremist groups, accusing it of defrauding donors through its...

Global Military Talks in London Aim to Reopen Strait of Hormuz and Protect Shipping

Military planners representing more than 30 countries are gathering in London for two days of high-level discussions focused on reopening the Strait of Hormuz and strengthening maritime security in one of the worlds most...

Sharif Welcomes Trump’s Ceasefire Extension in U.S.-Israel-Iran Conflict

Pakistans Prime Minister Shehbaz Sharif has expressed appreciation to former U.S. President Donald Trump for agreeing to extend the ceasefire in the ongoing U.S.-Israeli conflict involving Iran. The decision aims to...

Argentina’s Milei Pushes Electoral Reform to End Mandatory Primaries

Argentine President Javier Milei announced plans to introduce a sweeping electoral reform bill to Congress, aiming to reshape the countrys political landscape and voting system. The proposal, set to be submitted on...

Iran Warns U.S. Ceasefire Extension Could Signal Surprise Military Strike

Tensions between the United States and Iran continue to escalate after an advisor to Irans parliament speaker, Mohammad Baqer Qalibaf, claimed that U.S. President Donald Trumps ceasefire extension may be a strategic move...

Science

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...

NASA Artemis II: First Crewed Moon Mission Since Apollo Takes Four Astronauts on 10-Day Lunar Journey

NASAs Artemis II mission launched Wednesday, marking humanitys return to crewed lunar exploration for the first time since the Apollo era. Carrying four astronauts aboard the Orion spacecraft, this historic 10-day mission...

NASA's Artemis II Mission: First Crewed Lunar Journey Since Apollo

NASA's Artemis II Crew Arrives in Florida for Historic Moon Mission

The four astronauts chosen for NASAs Artemis II mission have touched down at Kennedy Space Center in Florida, marking the beginning of final launch preparations for the first crewed lunar journey in over 50 years. NASA...

SpaceX Pivots Toward Moon City as Musk Reframes Long-Term Space Vision

SpaceX CEO Elon Musk has revealed a significant shift in the companys near-term space exploration strategy, announcing that SpaceX is now prioritizing the development of a self-growing city on the Moon rather than focusing...

Technology

Samsung Boosts DRAM Supply to Tesla as AI-Driven Memory Demand Surges

Samsung Electronics Co Ltd (KS:005930) has significantly increased its monthly DRAM shipments to Tesla Inc (NASDAQ:TSLA), reflecting the growing demand for advanced memory solutions in electric vehicles and artificial...

SpaceX Eyes $60B Cursor Deal to Boost AI Power Ahead of IPO

Elon Musks SpaceX has announced plans to collaborate with AI coding startup Cursor, with the option to acquire the company later this year in a deal valued at $60 billion. The aerospace giant also revealed an alternative...

Florida Investigates OpenAI and ChatGPT Over Alleged Role in FSU Shooting

Florida Attorney General James Uthmeier announced that the state has launched a criminal investigation into OpenAI and its AI chatbot, ChatGPT, following a deadly shooting at Florida State University last year. The...

SpaceX President Gwynne Shotwell Earns $85.8M as IPO Buzz Grows

SpaceX President and Chief Operating Officer Gwynne Shotwell earned $85.8 million in total compensation last year, according to details from the companys S-1 filing, positioning her among the highest-paid executives in the...

John Ternus Signals Apple’s Future with Product-First AI Strategy

Apples incoming CEO John Ternus is already shaping expectations for the companys future, and his stance on artificial intelligence reveals a clear direction. Unlike competitors such as Microsoft and Google, which are...