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Digital Currency Revolution

NFT: Hacker Returns Bored Apes Digital Tokens After Hefty Bounty Payment

Dec 18, 2023 09:53 am UTC| Business Digital Currency Investing

A hacker stole 36 Bored Ape Yacht Club (BAYC) non-fungible tokens, which were all returned after Yuga Labs co-founder, Greg Solano, reportedly paid for the bounty. It was reported that the culprit received 120 Ether (ETH)...

TON: The Open Layer 1 blockchain network for everyone

Dec 18, 2023 09:27 am UTC| Research & Analysis Digital Currency

A decentralized and open internet, created by the community using a technology designed by Telegram. It is made up of three components TON blockchain - It is a collection of 2 blockchains that can process...

Bankruptcy Lawyer Fees for FTX Reach $53,000 per Hour, Raises Concerns

Dec 18, 2023 09:14 am UTC| Business Digital Currency Law

According to recent compensation filings, FTX, the defunct crypto exchange, has been expending a staggering $53,000 per hour on bankruptcy lawyers and advisers. Over the three months ending October 31, FTX burned through...

Digital Currency Revolution

Blockchain-Based Lending Gains Momentum as Tokenized Private Credit Surpasses $580 Million

Dec 18, 2023 06:35 am UTC| Business Digital Currency Investing

Blockchain-based lending is making a strong comeback this year, fueled by a remarkable 128% surge in active tokenized private credit value. Currently, at $582 million, this figure reflects a significant increase from the...

Digital Currency Revolution

Ethereum Community Approves ERC-3643 as Standard for Real-World Asset Tokenization

Dec 16, 2023 06:12 am UTC| Digital Currency Business

The Ethereum community has officially signed off on the ERC-3643 Ethereum Improvement Proposal (EIP), establishing it as a recognized standard for compliant tokenization of real-world assets (RWAs). The proposal reached...

Digital Currency Revolution

RYVYL and R3 Join Forces to Accelerate Blockchain Adoption in Banking and Payments

Dec 16, 2023 02:44 am UTC| Business Digital Currency

RYVYL, a leading technology company, and R3, a renowned blockchain software firm, have recently unveiled their collaborative effort to propel blockchain technology integration in banking and payments. This partnership...

Polygon blockchain- Layer 2 zkEVM scaling platform

Dec 15, 2023 12:40 pm UTC| Research & Analysis Digital Currency

Polygon is a decentralized layer 2 Ethereum scaling platform that enables developers to build scalable user-friendly dApps with speed transactions and low fees. Polygon zkEVM - It is the first layer 2 network...

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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

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

Elon Musk Blasts Bill Gates and Billionaire Elite: 'They're Terrified Donald Trump Will Expose the Epstein Client List'

Elon Musk has once again ignited controversy, this time by suggesting that several billionaires, including Microsoft co-founder Bill Gates, are supporting Kamala Harris in an attempt to prevent former President Donald...

$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

SpaceX Prepares to Launch NASA’s Europa Clipper Mission to Jupiter’s Moon Next Week

SpaceX is gearing up for the much-anticipated launch of NASAs Europa Clipper mission to Jupiters moon, Europa, next week. After overcoming recent Falcon 9 setbacks, SpaceX has encapsulated the satellite within the Falcon...

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

Apple's 'Serious' AI Push with Apple Intelligence Delayed Until 2027, Analyst Warns

Apples ambitious AI initiative, Apple Intelligence, wont offer serious capabilities until 2026 or 2027, according to analyst Edison Lee. This delay may impact iPhone sales growth, as significant AI advancements are still...

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...