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Digital Currency Revolution

Bitwise and Grayscale Seek SEC Nod for Options on Ethereum ETF, Eyeing NYSE Listing

Aug 08, 2024 00:20 am UTC| Digital Currency Technology Business

Bitwise and Grayscale have submitted filings to the SEC to include options in their spot Ethereum ETF, potentially transforming how investors access cryptocurrency markets. Bitwise and Grayscale File for Ethereum ETF...

Digital Currency Revolution

Morgan Stanley Greenlights Bitcoin ETFs: Advisers Now Authorized to Pitch Crypto Investments

Aug 08, 2024 00:09 am UTC| Digital Currency Technology Business

Morgan Stanley, the largest wealth manager in the U.S., has authorized its 15,000 advisers to recommend Bitcoin ETFs to clients, signaling a significant milestone for cryptocurrency adoption. Morgan Stanley Advisers...

Digital Currency Revolution

Shiba Inu's Shytoshi Kusama Reacts to Vitalik Buterin's Bold Ethereum Prediction

Aug 07, 2024 23:55 pm UTC| Digital Currency Technology

Ethereum co-founder Vitalik Buterins optimism about the future of Ethereums ecosystem finds support from Shiba Inus Shytoshi Kusama, who acknowledged the predictions significance. Vitalik Buterin on Cross-L2...

HP to Shift Over 50% of Computer Production from China Amid Geopolitical Risks

Aug 07, 2024 23:14 pm UTC| Business Technology

HP plans to relocate over half of its computer production from China to mitigate geopolitical risks. It will establish a backup design hub in Singapore and significantly increase production in Thailand. HP Diversifies...

How Microsoft's $150M Investment Saved Apple from Bankruptcy 27 Years Ago

Aug 07, 2024 22:59 pm UTC| Business Technology

In August 1997, Microsoft invested $150 million in Apple, aiding the company in avoiding bankruptcy and fostering a critical partnership that ultimately benefitted both tech giants. Microsoft Invested $150M in...

From climate change to landfill, AI promises to solve Earth’s big environmental problems – but there’s a hitch

Aug 07, 2024 20:40 pm UTC| Insights & Views Technology

Artificial intelligence (AI) has revolutionised our lives in myriad ways, from personalising our social media feeds to giving us driving directions and monitoring our health. In recent years, hopes have grown that AI...

Digital Currency Revolution

Hong Kong's Mox Bank Launches Crypto ETF Trading, Plans for Spot Market Integration

Aug 07, 2024 10:18 am UTC| Digital Currency Technology

Mox Bank, a virtual bank based in Hong Kong, has started offering crypto ETF trading, positioning itself as a leader in the regions growing crypto market. Crypto ETF Service Debuts at Mox Customers of a Hong...

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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...