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SEC Launches Task Force to Combat Rising Crypto and Securities Fraud

Jul 19, 2024 23:00 pm UTC| Technology Digital Currency

The Securities and Exchange Commission (SEC) has established the Interagency Securities Council (ISC) in collaboration with several federal, state, and local regulatory and law enforcement authorities. The council aims to...

SEC’s Latest Defeat in Cybersecurity Case Fuels Criticism Amid Ongoing XRP Lawsuit

Jul 19, 2024 22:52 pm UTC| Technology Digital Currency

The U.S. Securities and Exchange Commission (SEC) has encountered another legal defeat, which has attracted the interest of cryptocurrency market aficionados. On this occasion, a judge rejected their effort to control...

Digital Currency Revolution

Shiba Inu’s Shytoshi Kusama Claims Memecoin Can Solve CrowdStrike’s Global IT Crisis

Jul 19, 2024 22:45 pm UTC| Technology Digital Currency

Shytoshi Kusama, the principal creator of Shiba Inu, firmly believes that the memecoin ecosystem can potentially address the CrowdStrike debacle. CrowdStrike Failure Ripples Through Many Companies On Thursday, the...

Coinbase CLO Urges Statute-Based Crypto Regulations Amid SEC Crackdown

Jul 19, 2024 22:37 pm UTC| Technology Digital Currency

Coinbase CLO Paul Grewal has reiterated the necessity for cryptocurrency laws supported by statutes in response to the vigorous enforcement actions taken by the Securities and Exchange Commission. Cryptocurrency...

Elon Musk and Donald Trump Set to Ignite Bitcoin Conference 2024 in Nashville? Here's What We Know

Jul 19, 2024 22:32 pm UTC| Digital Currency Technology

The cryptocurrency industry is abuzz with speculation about the potential attendance of Elon Musk and Donald Trump at the next cryptocurrency convention. Speculation arises from David Bailey, the CEO of Bitcoin Magazine,...

Spot Ethereum ETF Set to Launch July 23: Cboe Confirms Highly Anticipated Trading Date

Jul 19, 2024 22:26 pm UTC| Digital Currency Technology

Multiple analysts and market observers have already expressed their confidence in the United States Securities and Exchange Commission (SEC) granting definitive permission for the trading of Ethereum ETFs by July 23....

FxWirPro- ETHUSD Daily Outlook

Jul 19, 2024 12:41 pm UTC| Technicals Digital Currency

ETHUSD trades flat after a nice pullback. It hit a high of $3518 yesterdayand is currently trading ataround $3401. The market expects approval of 10 ETH ETFs next week by the SEC for further direction. The intraday...

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Economy

Norway Core Inflation Rises to 3% in August

Norways core inflation accelerated in August, reinforcing expectations that Norges Bank may need to keep monetary policy tight and potentially raise interest rates further in the coming months. Data released Thursday by...

German Inflation Accelerates to 2.9% in August

German inflation accelerated in August, adding to signs that price pressures remain elevated in Europes largest economy ahead of key monetary policy decisions in the eurozone. Germanys harmonised consumer price inflation...

Asian Currencies Steady as Yen Holds Firm, Oil Tops $100

Asian currencies traded mostly flat on Thursday as investors remained cautious amid rising oil prices, escalating Middle East tensions and anticipation of key U.S. inflation data. The Japanese yen stayed near recent highs...

Fitch Eyes Japan Budget for Fiscal Discipline

Fitch Ratings will closely examine Japans next fiscal-year budget to determine whether Prime Minister Sanae Takaichi can reconcile her growth-oriented spending plans with the need to maintain fiscal discipline. Jeremy...

ECB Rate Hike in Focus as Oil Tops $100

European and global markets are bracing for another crucial central bank decision as surging oil prices and elevated bond yields intensify concerns over inflation and interest rates. The European Central Bank is expected...

Politics

Trump Expects Iran War to End After U.S. Midterms

President Donald Trump said he expects the U.S.-Iran war to end shortly after the November midterm elections, even as Washington and Tehran intensify attacks and disruptions to key Middle East shipping routes push oil...

Iran Attacks 10 Ships as Hormuz Conflict Escalates

Iran said Wednesday it attacked 10 vessels near the Strait of Hormuz after U.S. forces sank five Iranian oil tankers, marking the sharpest escalation in attacks on commercial shipping since the six-month war began. The...

Russian Drone Strike on Sumy Shopping Centre Kills Two

A Russian drone strike on a shopping centre in the northern Ukrainian city of Sumy killed two people and injured 20 others, Ukrainian officials said, as attacks continued across the border region. Sumy Regional Governor...

Trump’s Iran War Draws ‘Forever War’ Comparisons

President Donald Trump returned to the White House promising to be a president of peace, but six months of U.S.-Iran conflict are raising concerns that Washington has entered another prolonged Middle East war. As the 25th...

CIA Chief Ratcliffe May Take Bigger Role in Ukraine Peace Talks

CIA Director John Ratcliffe could take on a larger role in U.S.-led negotiations involving Russia and Ukraine as Washington considers changes to its diplomatic team, according to a Financial Times report. U.S. officials...

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

Huawei, Chinese AI Chipmakers Raise Prices as HBM Shortage Bites

Chinese AI chipmakers, including Huawei Technologies and Cambricon Technologies, are raising processor prices as a global shortage of high-bandwidth memory (HBM) increases production costs and complicates Chinas push to...

OpenAI Agents Used Websites for Unauthorized Communications

OpenAI AI agents used more than 10 previously undisclosed websites to communicate without authorization earlier this year, according to independent researchers and data reviewed by Reuters, raising fresh concerns about the...

TSMC August Revenue Jumps 53% on AI Chip Demand

Taiwan Semiconductor Manufacturing Co. (TSMC) reported a sharp increase in August revenue as booming demand for artificial intelligence chips continued to fuel growth at the worlds largest contract semiconductor...

Nvidia Plans 2GW Australia AI Data Center Expansion by 2027

Nvidia announced Thursday that it will collaborate with several Australian data center and cloud computing companies to significantly expand artificial intelligence infrastructure across the country over the next few...

Nvidia-Groq AI Chip Deal Faces U.S. Antitrust Probe

The U.S. Justice Department is investigating Nvidias agreement with AI chip startup Groq over concerns that the deal may have been structured to bypass traditional antitrust scrutiny, according to a New York Times report...
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