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Digital Currency Revolution

Sam Altman’s Worldcoin Snubs Europe, Eyes Asia for Explosive Growth

Oct 07, 2024 12:32 pm UTC| Digital Currency Technology Business

Sam Altmans Worldcoin is pulling back from Europe and prioritizing its expansion into Asia and Latin America. With regulatory roadblocks in Europe, the company is making a bold pivot to regions like Malaysia and Japan,...

Digital Currency Revolution

Shiba Inu Burn Rate Soars 544%, Paving the Way for Massive SHIB Price Surge

Oct 07, 2024 11:21 am UTC| Digital Currency Technology Business

Shiba Inus burn rate skyrocketed by 544%, sending over 5 million SHIB to dead wallets. As supply shrinks, the price of SHIB gains 6.64%, hinting at a potential price surge if the momentum continues. SHIB Burn Rate...

Digital Currency Revolution

NEIRO Whale Nets $824K, Sparks Frenzy as Dogecoin and Shiba Inu Prices Skyrocket!

Oct 07, 2024 10:19 am UTC| Digital Currency Technology Business

A whales series of NEIRO trades has turned a staggering $824,000 profit, causing a ripple effect across the meme coin market. Dogecoin and Shiba Inu prices have soared, riding the wave of NEIROs explosive success. NEIRO...

Digital Currency Revolution

Japan’s Metaplanet Goes All-In on Bitcoin, Grabs $6.92M in BTC and Sees Stock Rocket by 11%!

Oct 07, 2024 07:00 am UTC| Digital Currency Technology Business

Japans Metaplanet is making waves again with a bold $6.92 million Bitcoin acquisition, propelling its BTC reserves to 640. The companys aggressive approach pushed its stock price up 11%, establishing it as a dominant force...

Cybertruck Owners Shocked as GEICO Drops Coverage—Tesla Drivers Scramble for Insurance

Oct 07, 2024 06:19 am UTC| Technology Business

Cybertruck owners are stunned as GEICO cancels policies for Teslas 2024 model, citing non-compliance with underwriting guidelines. Frustrated drivers are now searching for insurers willing to cover their futuristic...

China Denies Massive Hack as US Telecom Giants Report Major Data Breach in Court Systems

Oct 07, 2024 03:53 am UTC| Technology Business

A Chinese hacking group reportedly breached US telecom companies Verizon, ATT, and Lumen, accessing data from government surveillance systems. The Wall Street Journal reports that hackers maintained control of these...

Digital Currency Revolution

Ethereum’s Bold Move: 50% Speed Boost, Block Delays Slashed, and Lower Fees in Sight!

Oct 07, 2024 03:36 am UTC| Digital Currency Technology Business

Ethereums latest game-changing proposal, EIP-7781, promises to slash block delays by 33% while increasing network throughput by 50%. The upgrade is set to revolutionize Ethereums transaction speeds and reduce fees across...

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Economy

Gold Prices Hold Firm as Markets Await Fed Rate Cut; Silver Surges to Record High

Gold prices held steady during Asian trading on Wednesday, maintaining a positive tone ahead of the U.S. Federal Reserves widely anticipated interest rate cut. Both spot gold and gold futures saw mild gains, with spot...

Asian Stocks Slip Ahead of Fed Decision as China Deflation Concerns Deepen

Asian stock markets retreated on Wednesday as investors turned cautious ahead of a closely watched U.S. Federal Reserve interest rate decision. Markets across the region tracked mild overnight losses on Wall Street, where...

ADB Approves $400 Million Loan to Boost Ease of Doing Business in the Philippines

The Asian Development Bank (ADB) has approved a $400 million policy-based loan designed to support the Philippines push to improve its business environment and attract more foreign investment. Although the country remains...

Global Forex Markets Brace for Fed Decision as Yen Extends Weakness

The Japanese yen continued to struggle on Wednesday, slipping further as investors remained focused on the widening interest rate gap between Japan and other major economies. Despite expectations that the Bank of Japan...

Silver Prices Surge to New Record Above $60 as Supply Concerns and Fed Expectations Boost Demand

Silver prices skyrocketed to an all-time high on Wednesday, breaking above $60 an ounce as tightening supply expectations and stronger investor interest pushed the white metal to outperform gold. In early trading, spot...

Politics

China Adds Domestic AI Chips to Government Procurement List as U.S. Considers Easing Nvidia Export Curbs

China has taken a major step to reinforce its domestic semiconductor industry by adding locally developed artificial intelligence chips to an official government procurement list for the first time, according to a report...

Musk Says Trump’s DOGE Initiative Fell Short and He Wouldn’t Lead It Again

Tesla CEO Elon Musk reflected on his time leading U.S. President Donald Trumps Department of Government Efficiency (DOGE), acknowledging that the initiative achieved only limited success. Speaking on a podcast with former...

US Criticizes China After Radar Incident Escalates Tensions With Japan

The United States has publicly criticized China for the first time after Chinese fighter jets reportedly aimed their radars at Japanese military aircraft during a training exercise near Okinawa last week. The incident,...

Australia Pushes Forward on AUKUS Submarine Program Amid Workforce and Production Challenges

Australia is intensifying efforts to advance the AUKUS nuclear submarine program, with Defence Minister Richard Marles stressing that the nation is being very self-critical as it works to overcome key challenges,...

Bolsonaro’s Defense Requests Hospital Transfer and Humanitarian House Arrest

Defense lawyers for former Brazilian President Jair Bolsonaro have formally requested that he be transferred from jail to a hospital to undergo surgical procedures, according to a document reviewed by Reuters. The legal...

Science

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...

Blue Origin’s New Glenn Achieves Breakthrough Success With First NASA Mission

Blue Origins massive New Glenn rocket marked a major milestone as it completed its first mission for paying customers, sending two NASA satellites toward Mars and successfully landing its reusable booster at sea. The...

Cogent Biosciences Soars 120% on Breakthrough Phase 3 Results for Bezuclastinib in GIST Treatment

Cogent Biosciences (NASDAQ: COGT) shares skyrocketed over 120% after the biotech company announced groundbreaking results from its Phase 3 PEAK trial evaluating bezuclastinib in combination with sunitinib for patients with...

Trump and Merck KGaA Partner to Slash IVF Drug Costs and Expand Fertility Coverage

U.S. President Donald Trump and German pharmaceutical company Merck KGaA have announced a groundbreaking deal aimed at lowering the cost of in-vitro fertilization (IVF) treatments while boosting access to fertility care in...

Technology

EU Court Cuts Intel Antitrust Fine to €237 Million Amid Long-Running AMD Dispute

The General Court of the European Union has significantly reduced Intels antitrust fine, lowering it from the previously imposed 376 million to 237.1 million ($438 million to $276 million). The ruling, issued Wednesday,...

EssilorLuxottica Bets on AI-Powered Smart Glasses as Competition Intensifies

EssilorLuxottica is doubling down on smart eyewear innovation, with its Ray-Ban Meta glasses delivering their first meaningful revenue boost since launch. These AI-powered frames, developed with Meta, aim to redefine...

Microsoft Unveils Massive Global AI Investments, Prioritizing India’s Rapidly Growing Digital Market

Microsoft has announced more than $23 billion in new global artificial intelligence investments, with the majority directed toward India as the tech giant accelerates its presence in one of the worlds fastest-growing...

Trump’s Approval of AI Chip Sales to China Triggers Bipartisan National Security Concerns

The Trump administration is facing strong backlash from China hawks and Democratic lawmakers after authorizing Nvidia, AMD, and Intel to sell advanced AI chipsspecifically Nvidias H200to China. President Donald Trump...

SpaceX Reportedly Preparing Record-Breaking IPO Targeting $1.5 Trillion Valuation

SpaceX is reportedly moving forward with early plans for a massive initial public offering that could raise more than $30 billion, potentially making it the largest IPO in history. According to a Bloomberg News report...