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Digital Currency Revolution

Over $1 Billion US Treasuries Tokenized Following BlackRock's BUIDL Debut

Mar 31, 2024 16:12 pm UTC| Technology Digital Currency

Following the launch of BlackRocks Ethereum-based BUIDL fund, the tokenization of US Treasuries on blockchain platforms has surpassed the $1 billion mark. This groundbreaking move underscores the growing intersection of...

Digital Currency Revolution

SHIB Community Alerted to Scams Amid Surging Popularity and Price

Mar 31, 2024 15:59 pm UTC| Technology Digital Currency

As Shiba Inu (SHIB) enjoys a robust rally, the community faces a critical warning against an uptick in scam promotions. Shibarmy Scam Alerts emphasizes vigilance as deceptive schemes exploit SHIBs rising fame to safeguard...

Digital Currency Revolution

FCA Cracks Down on 'Finfluencers' with Tighter Meme Coin Promotion Rules

Mar 31, 2024 15:31 pm UTC| Technology

The UKs Financial Conduct Authority (FCA) focuses on social media influencers and firms using memes to market cryptocurrencies, demanding stricter adherence to promotion guidelines. This move aims to ensure transparency...

Digital Currency Revolution

US-UK Joint Effort Targets Gaza Now, London Firms in Anti-Terror Crypto Crackdown

Mar 31, 2024 15:07 pm UTC| Technology Digital Currency

In a significant move following the October 7 attacks, the US and UK have intensified their crackdown on cryptocurrency channels funding terrorism. Sanctions now target Gaza-based Gaza Now and London entities linked to...

Microsoft and OpenAI to Construct $100 Billion AI Supercomputer, Stargate

Mar 31, 2024 14:17 pm UTC| Technology Business

Microsoft and OpenAI are collaborating on a groundbreaking $100 billion project to create Stargate, a supercomputer that will significantly advance artificial intelligence capabilities. The venture, potentially employing...

Digital Currency Revolution

Consensys Refutes SEC's Concerns Over Ethereum ETF, Highlights Superior Security

Mar 31, 2024 14:09 pm UTC| Technology Digital Currency

In a detailed response to the SEC, Consensys argued that Ethereums proof-of-stake system offers a security level surpassing that of Bitcoin, addressing concerns over potential fraud and manipulation in spot Ether ETFs. The...

Xiaomi's SU7 Electric Sedan Racks Up Nearly 89,000 Orders in 24 Hours

Mar 31, 2024 11:22 am UTC| Technology Business

In a striking entry into the electric vehicle market, Xiaomis debut electric car, the SU7 sedan, has rapidly caught the attention of consumers in China, with nearly 89,000 orders flooding in just a day after its...

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Economy

Asian Stocks Fall as Oil Tops $100, Yields Rise

Asian stock markets declined broadly on Thursday, led by losses in technology shares as investors weighed oil prices above $100 a barrel, elevated U.S. Treasury yields and upcoming U.S. inflation data. The regional...

Oil Prices Hold Near Highs as U.S.-Iran Conflict Escalates

Oil prices remained near recent highs on Thursday as escalating military action between the United States and Iran intensified concerns about Middle East energy supply disruptions. Brent crude futures traded around $101.22...

Gold Prices Steady Ahead of U.S. Inflation Data and Fed Decision

Gold prices held largely steady on Thursday as investors awaited key U.S. inflation data that could shape expectations for the Federal Reserves interest rate decision next week. Higher Treasury yields and escalating Middle...

Iraq Seeks 6 Million Bpd OPEC+ Oil Quota

Iraq is pushing for a substantial increase in its OPEC+ oil production quota, seeking to have future output targets calculated using a production capacity of 6 million barrels per day (bpd), according to Bloomberg, citing...

UK Food Inflation Forecast to Hit 6.4% by Mid-2027

UK food price inflation is expected to accelerate over the coming year, potentially reaching 6.4% by mid-2027 as geopolitical tensions, extreme weather and higher production costs pressure the food industry, according to...

Politics

Trump Promises $5,000 Dividend if Republicans Win Midterms

U.S. President Donald Trump has pledged to provide a $5,000 dividend to every American adult if Republicans secure control of both chambers of Congress in the upcoming midterm elections. Speaking Wednesday during a...

Israel Orders UK East Jerusalem Consulate Closure

Israel has ordered the United Kingdom to close its consulate in East Jerusalem within 30 days, escalating a diplomatic dispute after Britain, France and Canada announced new sanctions targeting Israeli settlements in the...

Chris Hipkins Targets Cost-of-Living Relief in New Zealand Election

Former New Zealand Prime Minister Chris Hipkins says Labour was too slow to recognize the cost-of-living pressures facing households after the COVID-19 pandemic, as the party seeks to regain urban and middle-income voters...

Trump’s ‘New America’ Proposal Draws Backlash in New Mexico

President Donald Trumps proposal to rename New Mexico as New America has sparked criticism from residents and political leaders who say the move threatens to erase centuries of history and cultural identity. Trump, a...

US Judge Dismisses Imran Ahmed Deportation Lawsuit

A federal judge in New York has dismissed a lawsuit filed by British anti-disinformation campaigner Imran Ahmed challenging the Trump administrations authority to detain and deport him, potentially clearing the way for...

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

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...

Apple Unveils $1,999 Foldable iPhone Duo

Apple has officially entered the foldable smartphone market with the launch of the iPhone Duo, a $1,999 premium device unveiled Wednesday during the companys annual September product event. The iPhone Duo, Apples first...

OpenAI Targets Specialized Industries as Enterprise AI Demand Grows

OpenAI is expanding its focus on specialized industries such as chip design, life sciences and financial services while lowering AI model prices to compete with cheaper open-source alternatives, Chief Financial Officer...

Kioxia Rules Out SK Hynix Manufacturing Partnership

Kioxia Holdings CEO Hiroo Ota has ruled out closer manufacturing cooperation with South Korean memory chipmaker SK Hynix, pointing to antitrust concerns and complications involving Kioxias existing production partnership...