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Digital Currency Revolution

Elon Musk and Dogecoin Creator Spark Meme Frenzy, Showcasing Crypto Humor

Aug 10, 2024 23:35 pm UTC| Digital Currency Technology

Elon Musk, known for his love of memes, recently teamed up with Dogecoin founder Billy Markus in a viral online exchange, further merging the worlds of internet culture and cryptocurrency. Elon Musks Meme Post Resonates...

Uber’s CEO Throws Shade on Tesla’s Robotaxi Dreams, Predicts Clash with Rideshare Realities

Aug 10, 2024 23:03 pm UTC| Technology Business

Uber CEO Dara Khosrowshahi has cast serious doubts on Teslas robotaxi dreams, arguing that real-world rideshare challenges and owner hesitations could derail Elon Musks ambitious plans. Uber CEO Pessimistic About Teslas...

Cybertruck Foundation Series Launches Without Reservations—Tesla’s Limited Edition Hits the Market

Aug 10, 2024 22:43 pm UTC| Technology Business

Teslas Cybertruck Foundation Series is now available for direct purchase, skipping the reservation process. This limited-edition model is expected to ship by December, with availability running out soon. Cybertruck...

Digital Currency Revolution

Shiba Inu (SHIB) Ignites with a 4,411% Burn Rate Surge, Sparking a Fierce Price Rebound

Aug 10, 2024 22:26 pm UTC| Digital Currency Technology

In a dramatic turn, Shiba Inu (SHIB) has ignited the market with a 4,411% burn rate surge, sparking a rapid price rebound and renewed excitement among investors as the meme coin fights to stabilize. Shiba Inu Burn Rate...

Digital Currency Revolution

Justin Sun’s Growing Influence Prompts MakerDAO to Reassess WBTC Custody Amid BitGo’s New Joint Venture

Aug 10, 2024 21:36 pm UTC| Digital Currency Technology

In light of Justin Suns increased role, MakerDAO is reviewing its risk management practices as BitGo plans to transfer WBTC custody to a joint venture with BiT Global within the next 60 days. MakerDAO Reconsiders WBTC...

Digital Currency Revolution

Cathie Wood Dumps Ethereum Futures ETFs, Raises Questions About Investor Confidence in Ethereum

Aug 10, 2024 21:18 pm UTC| Digital Currency Technology

On August 9, Cathie Woods Ark Invest sold off significant Ethereum futures ETFs, hinting at growing concerns over Ethereums market position. This move comes amid notable shifts in investor sentiment. Ark Invest Divests...

Instagram Restored in Turkey Following 9-Day Block Amid Content Dispute

Aug 10, 2024 21:02 pm UTC| Technology Business

Turkey has ended a 9-day block on Instagram after the social media platform agreed to meet the governments demands for content regulation, according to officials on Saturday. Turkey Blocked Instagram on August...

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Economy

Russia Stocks Close Flat as MOEX Hits 1-Month High

Russian equities ended Saturdays session flat, with the MOEX Russia Index holding steady and touching a fresh one-month high despite muted market activity. Investors saw little movement across major sectors, as several key...

Vietnam’s November Trade Sees Monthly Decline but Strong Year-on-Year Growth

Vietnam recorded a notable month-on-month decline in trade activity in November, according to new data from the National Statistics Office (NSO). Exports fell 7.1% from October, reaching $39.07 billion, while imports...

Austria’s AA Credit Rating Affirmed as Fitch Highlights Stable Outlook

Fitch Ratings has reaffirmed Austrias Long-Term Foreign-Currency Issuer Default Rating at AA with a Stable Outlook, underscoring the countrys strong economic fundamentals despite rising fiscal pressures. According to the...

Fed Meeting Sparks Division as Markets Brace for Possible Rate Cut

The upcoming Federal Reserve meeting is shaping up to be one of the most closely watched and contentious in years, with investors focused on how divided policymakers are over a potential interest-rate cut and the signals...

U.S. Stocks Rise as Cooler Inflation Boosts Hopes for Fed Rate Cut

U.S. stocks ended higher on Friday as a softer inflation reading strengthened expectations that the Federal Reserve could move forward with an interest-rate cut next week. The SP 500 climbed 0.2%, the Dow Jones Industrial...

Politics

Zelenskiy Describes “Substantive” Call With Trump Envoys as Ukraine, U.S. Explore Peace Path

Ukrainian President Volodymyr Zelenskiy said on Saturday that he held a long and substantive phone call with U.S. President Donald Trumps special envoy Steve Witkoff and Trumps son-in-law Jared Kushner, emphasizing that...

U.S. Defense Secretary Hegseth Defends Second Strike on Suspected Drug Boat Amid War-Crime Concerns

U.S. Defense Secretary Pete Hegseth reaffirmed his support for a September 2 second strike on a suspected drug-running vessel in the Caribbean, saying at the Reagan National Defense Forum that he fully backs the decision...

Hong Kong Elections Proceed as Voter Turnout Scrutinized Amid Public Anger Over Deadly Fire

Hong Kongs upcoming Legislative Council election on Sunday is drawing intense attention to voter turnout as the city continues to mourn the deadliest fire it has seen in nearly 80 years. The tragedy, which claimed at least...

Qatari PM Says Gaza Truce Negotiations Reach “Critical Moment” as Mediators Push for Lasting Ceasefire

Negotiations to solidify the U.S.-backed truce in the Gaza war have entered a critical phase, according to Qatari Prime Minister Sheikh Mohammed bin Abdulrahman al-Thani. Speaking at the Doha Forum, he emphasized that...

Trump Urges Hall of Fame Induction for Roger Clemens Amid Renewed Debate

U.S. President Donald Trump is once again weighing in on Major League Baseball controversies, this time calling for legendary pitcher Roger Clemens to be inducted into the National Baseball Hall of Fame. Clemens, a...

Science

Senate Sets December 8 Vote on Trump’s NASA Nominee Jared Isaacman

The U.S. Senate Commerce Committee announced it will vote on December 8 on President Donald Trumps renewed nomination of private astronaut and tech entrepreneur Jared Isaacman to lead NASA. Isaacman, known for his...

NASA Cuts Boeing Starliner Missions as SpaceX Pulls Ahead

NASA has significantly scaled back Boeings Starliner program after years of technical issues and delays, announcing that the next Starliner mission to the International Space Station (ISS) will fly without astronauts. The...

Blue Origin’s New Glenn Achieves Breakthrough Success With First NASA Mission

Blue Origins massive New Glenn rocket marked a major milestone as it completed its first mission for paying customers, sending two NASA satellites toward Mars and successfully landing its reusable booster at sea. The...

Cogent Biosciences Soars 120% on Breakthrough Phase 3 Results for Bezuclastinib in GIST Treatment

Cogent Biosciences (NASDAQ: COGT) shares skyrocketed over 120% after the biotech company announced groundbreaking results from its Phase 3 PEAK trial evaluating bezuclastinib in combination with sunitinib for patients with...

Trump and Merck KGaA Partner to Slash IVF Drug Costs and Expand Fertility Coverage

U.S. President Donald Trump and German pharmaceutical company Merck KGaA have announced a groundbreaking deal aimed at lowering the cost of in-vitro fertilization (IVF) treatments while boosting access to fertility care in...

Technology

Taiwan Opposition Criticizes Plan to Block Chinese App Rednote Over Security Concerns

Taiwans political landscape heated up after the government announced a plan to suspend access to the Chinese social media platform Rednoteknown as Xiaohongshufor one year. The interior ministry said the proposed ban stems...

EU Prepares Antitrust Probe Into Meta’s AI Integration on WhatsApp

The European Commission is reportedly preparing to launch a new antitrust investigation into Meta Platforms Inc. (NASDAQ: META) over the companys recent rollout of artificial intelligence features within WhatsApp....

Sam Altman Reportedly Explored Funding for Rocket Venture in Potential Challenge to SpaceX

OpenAI CEO Sam Altman reportedly explored raising significant capital to acquire or partner with a rocket company, a move that could have created direct competition with Elon Musks SpaceX. According to a report from the...

Wikipedia Pushes for AI Licensing Deals as Jimmy Wales Calls for Fair Compensation

Wikipedia is seeking additional licensing deals with major technology companies to address the growing financial burden caused by artificial intelligence firms heavily scraping its platform, according to co-founder Jimmy...

Firelight Launches as First XRP Staking Platform on Flare, Introduces DeFi Cover Feature

Firelight reaches 25M XRP deposit cap within hours of launch; ushers in a new era for decentralized XRP staking. A new XRP staking platform, Firelight, has officially launched on the Flare blockchain, marking the first...