Nvidia, a major producer of artificial-intelligence chips, recently experienced a notable drop in its stock value, reducing its market capitalization by about $406 billion. This decline, occurring over the past two weeks, has raised concerns about the broader US economy…
Bitcoin ETF See $1.2 Billion Outflows Over Eight-Day Period
The Bitcoin market has faced a tumultuous period recently, marked by significant fluctuations and a growing connection with traditional financial markets. Investors, drawn to the potential of cryptocurrencies, have had to navigate a challenging landscape as the global economy faces…
How Singapore integrates blockchain in mutual fund systems?
Singapore’s financial industry is making significant strides in utilizing blockchain technology to optimize asset management. While often associated with cryptocurrencies, Singapore sees the potential of distributed ledgers beyond digital currencies, focusing on improving efficiency within its institutional finance sector. This…
Crypto Fraud Rises 45% to $5.6 Billion in 2023, FBI Report
Crypto fraud has reached unprecedented levels, as evidenced by the alarming statistics reported by the FBI. The rapid growth of cryptocurrency use and the rise in criminal activity within this space have resulted in massive financial losses for consumers. As…
Moxy partners with SKALE for gas-free Web3 gaming upgrade
The world of gaming is evolving rapidly, and Web3 technology is now at the forefront of this transformation. In the midst of these advancements, Moxy, a leading platform in video game tournaments, has teamed up with SKALE, a gas-free blockchain…
Hoskinson Opposes $500M Token Burn Proposal in Cardano
The recent proposal to burn 1.5 billion ADA tokens has sparked significant debate within the Cardano community. At the forefront of this discussion is Charles Hoskinson, founder of Cardano, who has voiced strong opposition to this controversial initiative. The debate…
How a Taxi Driver in El Salvador Became Wealthy with Bitcoin
In San Salvador, Napoleon Osorio, a taxi driver, was the first to accept Bitcoin as payment after the cryptocurrency became legal tender in El Salvador. His decision to embrace this new payment method marked a turning point in his career,…
Nigerian Court Ruling on Binance Executive Bail Set for October 9
A legal case involving cryptocurrency giant Binance has taken center stage in Nigerian courts, with global implications for both the digital currency landscape and international relations. The outcome of this case may not only affect Binance’s operations but also highlight…
Alan Howard Son leads $25M venture fund with Halo Capital
Alan Howard, a name synonymous with hedge funds and the crypto sector, is not only a giant in the financial world but also a key player in the growing digital asset space. His family’s deep-rooted involvement in cryptocurrency ventures showcases…
Bitcoin Gains After Weak US Jobs Data Increase Rate Cut Odds
Bitcoin, the original cryptocurrency, has been at the forefront of financial news for years. The world of digital assets continues to shift rapidly, often influenced by global economic events and policy changes. In recent times, Bitcoin and other cryptocurrencies have…