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Digital Currency Revolution

China Sets Milestone with Inaugural Cross-Border Digital Yuan Transaction

Dec 21, 2023 07:51 am UTC| Business Digital Currency

China achieves a significant milestone in its digital currency revolution as the Bank of Chinas Shanghai Branch completes the first-ever cross-border digital yuan transaction, marking a major step forward in the global...

FxWirePro- BTCUSD Daily Outlook

Dec 20, 2023 13:01 pm UTC| Technicals Digital Currency

BTCUSD was one of the best performers this month. It surged more than $7000 from the previous months close. It hit a high of $44729 and is currently trading around $42952. Reasons for price jump- Fed monetary...

Stacks- A Bitcoin layer for smart contracts

Dec 20, 2023 12:54 pm UTC| Research & Analysis Digital Currency

Stacks is a Bitcoin layer for smart contracts. The Stacks layer enables DeFi, NFTs, and other decentralized apps built on Bitcoin. Consensus mechanism- Proof of Transfer It is an extension of proof of burn....

Digital Currency Revolution

Ledger Hack Exposes Critical Flaws in Crypto Security Practices

Dec 20, 2023 11:23 am UTC| Business Digital Currency

In a recent cybersecurity incident, the renowned cryptocurrency hardware wallet provider, Ledger fell victim to a significant data breach. The attackers reportedly gained unauthorized access to sensitive customer...

Cyberattack on Comcast Exposes Personal Information of 36 Million Xfinity Customers

Dec 20, 2023 10:09 am UTC| Business Digital Currency

Hackers exploited a vulnerability known as CitrixBleed, affecting Comcast and other major corporations. The breach occurred over two months ago, but the company only recently confirmed the extent of the data breach. The...

Digital Currency Revolution

Warren Slams Cryptocurrency Lobbying Groups, Calls for Industry Crackdown

Dec 20, 2023 07:17 am UTC| Politics Digital Currency

In a recent development, U.S. Senator Elizabeth Warren has aimed at prominent cryptocurrency lobbying groups, questioning their influence on regulatory matters. In a letter addressed to CoinCenter, Blockchain...

SEI- Blockchain for digital asset trading

Dec 19, 2023 13:36 pm UTC| Research & Analysis Digital Currency

Sei is the fastest Layer 1 blockchain, designed to scale with the industry.it is specialized for the exchange of digital assets. Consensus mechanism Twin-Turbo consensus- It is a mix of Proof of stake and a...

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Economy

Mainland Chinese Stocks Surge Amid Stimulus Optimism

Mainland Chinese stocks surged to multi-year highs after returning from an extended break, fueled by investor excitement over Beijings aggressive stimulus measures. The CSI300 blue-chip index jumped 5.5% in early trade to...

Mainland Chinese Stocks Surge Amid Stimulus Optimism

Mainland Chinese stocks surged to multi-year highs after returning from an extended break, fueled by investor excitement over Beijings aggressive stimulus measures. The CSI300 blue-chip index jumped 5.5% in early trade to...

LG Energy Solution Secures 10-Year EV Battery Supply Deal with Mercedes-Benz

LG Energy Solution Signs Major EV Battery Deal with Mercedes-Benz South Koreas LG Energy Solution has signed a major agreement to supply electric vehicle (EV) batteries to a Mercedes-Benz affiliate in North America and...

Ares Management to Acquire GLP Capital Partners' Global Operations

A Major Acquisition in Asset Management Ares Management is set to acquire GLP Capital Partners operations outside of China, according to a Bloomberg report. The official announcement is expected soon, potentially as...

Boeing Union Strike Continues as Contract Negotiations Stall

Contract negotiations between Boeing and its largest union, representing 33,000 U.S. West Coast factory workers, remain unresolved after a 25-day strike. The ongoing strike has severely impacted the production of Boeings...

Politics

$1500 Child Stimulus Payment 2024: A Lifeline for New Parents? Families Are 'Desperate' for This Financial Boost

Amid rising inflation and economic pressures, Michigans latest initiative, the $1500 Child Stimulus Payment 2024, has been heralded as a critical financial relief program for families. Launched to help residents,...

7 Major Accomplishments of Melania Trump During Her Tenure as First Lady of the United States

Melania Trumps tenure as First Lady of the United States (FLOTUS) was marked by several key accomplishments that reflect her personal initiatives and influence. Her legacy as the wife of the 45th president, Donald Trump,...

Is Jill Biden Secretly 'Running the Show' as Joe Biden's Health Declines? Shocking Claims Stir D.C.

Speculation surrounding the role of First Lady Jill Biden in her husbands administration has ignited fresh controversy amid ongoing concerns about President Joe Bidens health. With whispers about his alleged cognitive...

Melania Trump vs. Michelle Obama: Why Critics Claim Melania’s Memoir is a ‘Must-Read,’ While Michelle’s Book Falls Short?

The battle of the first ladies extends beyond the White House and into the world of publishing. With both Melania Trump and Michelle Obama releasing memoirs, readers have been quick to compare the two. Surprisingly, some...

Science

Europe Pushes Back Against SpaceX's Efforts to Expand Starlink Direct-to-Cell Operations

European mobile network operators are opposing SpaceXs initiative to expand Starlink Direct-to-Cell services, urging the U.S. Federal Communications Commission (FCC) to reject SpaceXs request to operate beyond standard...

SpaceX and T-Mobile Begin Testing Starlink Cellular Satellite Service Ahead of 2025 Launch

SpaceX and T-Mobile have reportedly initiated tests for their highly anticipated Starlink Cellular satellite service. Speculation emerged after users noticed satellite activity on their phones, fueling excitement ahead of...

SpaceX Pauses Falcon 9 Launches After Anomaly During Crew 9 Mission Investigation

SpaceX has suspended all Falcon 9 launches after an anomaly occurred with the rockets second stage during the Crew 9 mission for NASA. The second stage failed to land as planned, prompting an investigation and delaying...

The universe is smoother than the standard model of cosmology suggests – so is the theory broken?

Given how unfathomably large the universe is, it is perhaps understandable that we havent yet cracked all its secrets. But there are actually some pretty basic features, ones we used to think we could explain, that...

Technology

Nvidia Stock Skyrockets, Pushing AI Tokens NEAR, TAO, FET Into Overdrive—What’s Next?

Nvidias stock has hit a six-week high, triggering sharp rallies in AI tokens NEAR, TAO, and FET. Analysts expect the bullish trend to continue as Nvidia unveils more AI advancements at its summit. Nvidia Stock Climbs as...

Hong Kong Ramps Up Crypto Licenses: 11 Exchanges Await Approval by Year’s End

The Securities Futures Commission in Hong Kong plans to license 11 virtual asset trading platforms by the end of 2024 as part of its renewed regulatory efforts to manage the growing cryptocurrency market. Hong Kong to...

Samsung Rejects Rumors of Spinning Off Foundry Business Amid Market Challenges

Samsung Electronics Chairperson Jay Y. Lee stated that the company has no intention of spinning off its foundry or logic chip designing businesses. Despite significant challenges in securing consumer orders, Samsung...

China Reports Breakthrough in Silicon Photonics Amid Ongoing U.S. Export Restrictions on EUV Technology

China has announced a significant advancement in silicon photonics technology, potentially circumventing U.S. export restrictions on EUV lithography. JFS Laboratory in Wuhan successfully integrated a silicon-based chip...
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