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Digital Currency Revolution

Former SEC Official David Hirsch Refutes Claims of Joining Memecoin Platform Pump.fun

Jun 18, 2024 04:20 am UTC| Technology Digital Currency

David Hirsch, former chief crypto officer of the SEC, has denied reports of joining the memecoin platform Pump.fun, stating he has not announced his next role. Former SEC Official Refutes Claims of Joining Pump.fun as...

Digital Currency Revolution

Tether Unveils Alloy: A Gold-Backed Stablecoin Pegged to the US Dollar

Jun 18, 2024 03:52 am UTC| Technology Digital Currency

Tether has launched Alloy, a new gold-backed stablecoin pegged to the U.S. dollar, marking the first phase in its real-world asset tokenization platform. Tether Introduces Alloy, a Gold-Backed Stablecoin on New...

Digital Currency Revolution

Crypto Tax Evaders in Malaysia See Clampdown, Get Warning From Authorities

Jun 17, 2024 21:15 pm UTC| Technology Digital Currency

Authorities in Malaysia are reportedly increasing their scrutiny of cryptocurrency tax evaders. It has been claimed that officers from the Malaysian federal agency Inland Revenue Board (IRB) conducted raids at numerous...

Ethereum (ETH) to Hit $5,000 After Major Move, Says Top Analyst

Jun 17, 2024 21:01 pm UTC| Technology Digital Currency

In a daring prediction that has captivated the attention of the cryptocurrency world, noted analyst Jelle has predicted that Ethereum (ETH) will achieve an all-time high of $5,000 by the end of the year. This prediction...

Digital Currency Revolution

SHIB Sees Major Metric Drop as Price Dips Below Crucial $0.00002 Threshold

Jun 17, 2024 20:31 pm UTC| Technology Digital Currency

Shiba Inus burn rate has plummeted by over 62% as the SHIB price falls below the critical $0.00002 level, raising concerns among investors. Shiba Inu Burn Rate Plummets Amid Price Decline Below $0.00002 A significant...

Nintendo Switch 2 Could Get Final Fantasy XIV; Xenogears HD-2D Fan Remake Impresses in New Video

Jun 17, 2024 20:26 pm UTC| Technology

Final Fantasy XIV may eventually arrive on the Nintendo Switch 2, but the release could take years. Meanwhile, a stunning Xenogears HD-2D fan remake in Unreal Engine 5 has captivated fans. Final Fantasy XIV Producer...

SpaceX Announces Starlink Mini Dish Rollout, Offers 50% Discount on US Starlink Dish

Jun 17, 2024 20:23 pm UTC| Technology

SpaceX plans to roll out the Starlink mini dish in the coming months, providing a more affordable option for users. Additionally, the company is offering a 50% discount on its Starlink dishes in the US. Elon Musk...

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Economy

Gold Prices Slide Below $5,000 as Strong Dollar and Central Bank Outlook Weigh on Metals

Gold prices reversed early gains and moved lower during Asian trading on Thursday, pressured by a strengthening U.S. dollar and reduced demand for safe-haven assets. Investor focus has shifted toward upcoming central bank...

Thailand Inflation Remains Negative for 10th Straight Month in January

Thailands annual headline inflation rate stayed in negative territory for the tenth consecutive month in January, underscoring continued price pressures driven largely by lower energy costs and government measures aimed at...

Silver Prices Plunge in Asian Trade as Dollar Strength Triggers Fresh Precious Metals Sell-Off

Silver prices tumbled sharply during Asian trading on Thursday, leading a broad sell-off across the precious metals market and erasing most of the short-lived rebound seen earlier this week. The steep decline highlighted...

South Korea’s Weak Won Struggles as Retail Investors Pour Money Into U.S. Stocks

South Koreas efforts to stabilise its currency are facing a growing domestic challenge as retail investors continue to pour record amounts of money into U.S. stocks, driving strong demand for dollars while the won trades...

Fed Governor Lisa Cook Warns Inflation Risks Remain as Rates Stay Steady

Federal Reserve Governor Lisa Cook emphasized the importance of protecting the central banks credibility by ensuring inflation returns to its long-term target, signaling continued caution on monetary policy despite recent...

Politics

NATO to Discuss Strengthening Greenland Security Amid Arctic Tensions

NATO defence ministers are expected to discuss new measures to strengthen the security of Greenland at an upcoming meeting in Brussels, according to British Defence Secretary John Healey. The talks come amid renewed focus...

Trump Rejects Putin’s New START Extension Offer, Raising Fears of a New Nuclear Arms Race

U.S. President Donald Trump has rejected an offer from Russian President Vladimir Putin to voluntarily extend limits on strategic nuclear weapons following the expiration of the New START treaty, a landmark arms control...

Marco Rubio Steps Down as Acting U.S. Archivist Amid Federal Law Limits

U.S. Secretary of State and National Security Adviser Marco Rubio is no longer serving as the acting archivist of the United States, according to a statement confirmed Thursday by a spokesperson for the National Archives...

U.S. Sanctions on Russia Could Expand as Ukraine Peace Talks Continue, Says Treasury Secretary Bessent

U.S. Treasury Secretary Scott Bessent said on Thursday that the possibility of additional U.S. sanctions against Russia will depend largely on the progress of ongoing peace talks aimed at ending the nearly four-year-long...

Newly Released DOJ Epstein Files Expose High-Profile Connections Across Politics and Business

The U.S. Justice Departments release of millions of internal documents related to Jeffrey Epstein has reignited global scrutiny of the late financiers extensive network of powerful associates. The newly unsealed Epstein...

Science

NASA and SpaceX Target Crew-11 Undocking From ISS Amid Medical Concern

NASA has confirmed that the agency, in coordination with SpaceX, is targeting no earlier than 5 p.m. Eastern Time (2200 GMT) on Wednesday, January 14, for the undocking of the SpaceX Crew-11 mission from the International...

Neuralink Plans High-Volume Brain Implant Production and Fully Automated Surgery by 2026

Elon Musks brain-computer interface company Neuralink is preparing for a major expansion, announcing plans to begin high-volume production of its brain implant devices and transition to a fully automated surgical procedure...

Jared Isaacman Confirmed as NASA Administrator, Becomes 15th Leader of U.S. Space Agency

The U.S. Senate has officially confirmed billionaire private astronaut Jared Isaacman as the new NASA administrator, making him the 15th leader in the agencys history. The confirmation, which took place on Wednesday, marks...

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...

Technology

Global PC Makers Eye Chinese Memory Chip Suppliers Amid Ongoing Supply Crunch

Major PC manufacturers including HP, Dell, Acer, and Asus are reportedly exploring the option of sourcing memory chips from Chinese semiconductor companies for the first time, as a prolonged global supply crunch continues...

OpenAI Expands Enterprise AI Strategy With Major Hiring Push Ahead of New Business Offering

OpenAI is significantly accelerating its enterprise AI strategy by hiring hundreds of new employees for its technical consulting division, according to a report by The Information, citing a person familiar with the...

SoftBank Shares Slide After Arm Earnings Miss Fuels Tech Stock Sell-Off

SoftBank Group Corp. (TYO:9984) shares tumbled sharply on Thursday, tracking a steep decline in Arm Holdings (NASDAQ:ARM) after the UK-based chip designer reported weaker-than-expected earnings for the December quarter....

Nvidia, ByteDance, and the U.S.-China AI Chip Standoff Over H200 Exports

The U.S. government is prepared to allow Chinas ByteDance to purchase Nvidias advanced H200 AI chips, but negotiations remain stalled as Nvidia has not agreed to the proposed conditions governing their use. According to...

Sony Q3 Profit Jumps on Gaming and Image Sensors, Full-Year Outlook Raised

Sony Corp (TYO:6758) reported stronger-than-expected third-quarter earnings, driven by solid performance in its gaming, music, and image sensor businesses. The Japanese conglomerate also raised its full-year forecast,...