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Digital Currency Revolution

Bitwise Acquires $120M in Bitcoin Assets from Osprey Bitcoin Trust for ETF Growth

Aug 28, 2024 10:11 am UTC| Digital Currency Technology Business

Bitwise Asset Management has announced the acquisition of the Osprey Bitcoin Trusts $120 million assets, marking a significant expansion of its Bitcoin ETF holdings. Bitwise Acquires Ospreys $120M Assets The Bitwise...

Digital Currency Revolution

Bitcoin Investors Maintain $10B Holdings Despite Price Slipping Below $60K

Aug 28, 2024 09:25 am UTC| Digital Currency Technology Business

Long-term Bitcoin holders have accumulated over $10 billion, even as the cryptocurrencys price has fallen below $60,000, indicating a cautious stance in the market. Bitcoin Holders Reach $10B Mark An analyst claims...

Digital Currency Revolution

TON Blockchain Overcomes DOGS-Induced Outage, Restores Online Block Production

Aug 28, 2024 08:25 am UTC| Digital Currency Technology Business

The TON blockchain has returned online after an outage caused by the DOGS memecoin airdrop, with block production resuming early on August 28. TON Back Online After Outage The blockchain that is part of the Telegram...

Digital Currency Revolution

Australia's $122 Million Crypto Scam Losses in 12 Months Highlight Growing Deepfake Threat

Aug 28, 2024 04:33 am UTC| Digital Currency Technology Business

In the past 12 months, Australians have lost $122 million to cryptocurrency scams, with the growing use of deepfake technology making these frauds more convincing and widespread, according to the Australian Federal...

Digital Currency Revolution

Bitcoin Plummets Below $59K: What Are the Reasons for the Latest Price Drop?

Aug 28, 2024 04:16 am UTC| Digital Currency Technology Business

Bitcoins value has dropped below $59,000, causing alarm among investors. Several factors, including significant whale activity and macroeconomic concerns, appear to be driving the decline. Bitcoin Drops Below $59K,...

Digital Currency Revolution

TON Network Experiences Major Outage Amid High Traffic from New Memecoin DOGS

Aug 28, 2024 03:13 am UTC| Digital Currency Technology Business

The Telegram Open Network (TON) has experienced a significant outage, ceasing block production for over three hours due to a surge in traffic from the newly launched DOGS memecoin. TON Fails to Generate New Block For...

Digital Currency Revolution

Bitcoin Bulls Eye Rally as US Fed's Rate Cut Threatens to Undermine the Dollar

Aug 28, 2024 02:52 am UTC| Digital Currency Technology Business

Bitcoin enthusiasts brace for a potential surge as the US Federal Reserves expected rate cut in September threatens to drive the dollar to new lows, sparking excitement in the crypto market. Feds Rate Cut Could Spark a...

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Economy

Japan Government Backs Earlier BOJ Rate Hike as Inflation Pressures Build

Japans government is reportedly supportive of an earlier interest rate hike by the Bank of Japan (BOJ), with policymakers potentially moving as soon as September or October as inflationary pressures intensify. Bloomberg...

Asian Currencies Steady as Dollar Holds Firm After U.S. Inflation Data

Most Asian currencies traded in a narrow range on Thursday as investors assessed the Federal Reserves interest rate outlook following U.S. inflation data that largely matched market expectations. The U.S. Dollar Index was...

Gold Prices Slip From Two-Month High as Inflation and Fed Outlook Drive Markets

Gold prices moved lower on Thursday after pulling back from a fresh two-month high, as investors assessed softer U.S. inflation data alongside persistent energy risks and uncertainty over the Federal Reserves interest rate...

Oil Prices Slide as OPEC, IEA Cut 2026 Demand Forecasts

Oil prices fell sharply during Asian trading on Thursday as weaker global demand forecasts outweighed concerns over potential supply disruptions in West Asia. Brent crude futures dropped 1.15% to $87.96 per barrel, while...

KOSPI Rebounds 20% as Samsung, SK Hynix Lead South Korea Stock Rally

South Koreas KOSPI has rebounded roughly 20% from its late-July low, putting the benchmark close to leaving bear-market territory as investors return to technology and semiconductor stocks following a steep selloff. The...

Politics

Peggy Flanagan Wins Minnesota Democratic Senate Nomination

Minnesota Lieutenant Governor Peggy Flanagan has secured the Democratic nomination for the U.S. Senate, setting up a closely watched general election contest against Republican nominee Michele Tafoya. U.S. media outlets...

U.S. Military Operations Killed 153 Civilians in 2025, Pentagon Says

U.S. military operations killed 153 civilians and wounded another 243 in 2025, according to Pentagon assessments cited by a U.S. official, marking a sharp increase from the civilian casualty figures reported for 2024. The...

Canada, US Hold Fresh Trade Talks as August 19 Tariff Deadline Nears

Canada and the United States held another round of high-level trade talks on Tuesday as Ottawa seeks to prevent new U.S. tariffs on Canadian goods from taking effect on August 19. Dominic LeBlanc, Canadas minister...

Bashar al-Assad Sentenced to Death After Syria Regime Collapse

Bashar al-Assads 24-year rule over Syria ended dramatically in December 2024 after rebel forces launched a rapid offensive that overwhelmed his weakened military. With Russia focused on its war in Ukraine and Iran weakened...

Trump Signs Order to Cut Routine Childhood Vaccines

President Donald Trump has signed an executive order seeking to reduce the number of routine childhood vaccinations recommended in the United States and directing the Justice Department to challenge certain state vaccine...

Science

Blue Origin New Glenn Explosion Could Delay Launch Operations Until 2028

Blue Origin is facing a significant setback after a dramatic explosion involving its New Glenn rocket severely damaged a launch pad at Cape Canaveral, Florida. According to NASA Administrator Jared Isaacman, repairs to the...

Blue Origin New Glenn Rocket Explodes During Launch Pad Test, Delaying Space Ambitions

Blue Origin suffered a major setback after its uncrewed New Glenn rocket exploded during a launch pad test in Florida on Thursday, raising new challenges for Jeff Bezos space company as it competes with Elon Musks SpaceX...

SpaceX Delays Starship V3 Launch Ahead of Potential Record IPO

SpaceX on Thursday postponed the highly anticipated launch of its 12th Starship rocket test from Texas after technical issues interrupted the final countdown. The company now plans to attempt the Starship V3 launch again...

Trump Administration Releases New UFO Files and Apollo Mission Records

The U.S. Defense Department has released dozens of previously classified UFO-related files following an order from President Donald Trump, sparking renewed debate over unidentified anomalous phenomena (UAP) and government...

China vs. NASA: The New Moon Race and What's at Stake by 2030

The space race is back and this time, its a direct competition between the United States and China for dominance on the lunar surface. NASAs Artemis II mission recently made history when four astronauts flew farther into...

Technology

Lenovo Revenue Surges 43% as AI Demand Drives Record First-Quarter Growth

Lenovo Group reported record first-quarter revenue as booming demand for artificial intelligence infrastructure and AI-enabled devices fueled strong growth across its major businesses, pushing its Hong Kong-listed shares...

Cisco Forecasts Strong Fiscal 2027 Growth as AI Networking Demand Surges

Cisco Systems has issued a stronger-than-expected fiscal 2027 outlook, fueled by rising demand for networking equipment and artificial intelligence infrastructure from hyperscale customers. The networking technology giant...

Super Micro Stock Jumps 19% as AI Server Demand Drives Strong 2027 Outlook

Super Micro Computer (NASDAQ: SMCI) shares surged about 19% on Wednesday after the AI server maker issued fiscal 2027 guidance that significantly exceeded Wall Street expectations, easing concerns following its softer...

SpaceX Shares Surge as Wall Street Backs AI Growth Potential

SpaceX shares jumped 11% after Morgan Stanley highlighted the companys growing artificial intelligence business, fueling investor optimism around its expanding enterprise software strategy and upcoming Grok 4.7 AI model....

OpenAI Executive Brad Lightcap to Leave for New AI Venture

Brad Lightcap, one of OpenAIs most senior executives and its former chief operating officer, is leaving the artificial intelligence company to launch a new venture, adding to a series of major leadership changes across the...