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Australia Launches Its First ETF Directly Holding Ether

Monochrome Asset Management has launched Australia’s inaugural exchange-traded fund (ETF) that directly holds Ether, marking a significant milestone in the Australian cryptocurrency investment landscape. As of October 15, the Monochrome…

Casio Confirms Ransomware Attack and Data Breach

Casio has confirmed that a recent ransomware attack led to a significant data breach, compromising personal and confidential information. On October 5, unauthorized access to Casio’s network resulted in system…

‘Political Shift’ Drives $407 Million Inflows to Crypto Products

Cryptocurrency investment products had another successful week, with Bitcoin leading the charge by attracting $419 million in inflows. Digital asset investment products overall saw inflows totaling $407 million for the…

Nvidia Nears Apple’s Value After Record-Setting Stock Rise

Nvidia, the renowned AI chipmaker, achieved a record stock close on Monday, with its shares reaching $138.07, fueled by investor confidence in the company’s continued dominance in AI technology. The…

Crypto Stocks Rally as Bitcoin Surpasses $66,000

Publicly traded crypto-linked firms in the United States experienced notable gains on October 14, following a 6% surge in Bitcoin, which briefly touched $66,400—its highest price since July 30. Bitcoin…

MrBeast Allegedly Earned $10 Million by Promoting and Dumping Altcoins

MrBeast, one of YouTube’s most popular creators, has come under fire for allegedly engaging in cryptocurrency promote-and-dump schemes that reportedly earned him more than $10 million. These serious accusations were…

Crypto Exchanges in the UK and Colombia Connected to TD Bank’s Record Penalty

TD Bank’s recent compliance issues could be linked to two unnamed cryptocurrency firms operating in Colombia and the United Kingdom. On October 10, TD Bank’s U.S. division agreed to pay…

UAE Stablecoin Issuer Receives Approval from Central Bank

The Central Bank of the United Arab Emirates (CBUAE) has granted in-principle approval to AED Stablecoin under its Payment Token Service Regulation framework, as announced in a recent news release.…

Musk’s Legal Fight Against OpenAI Weakens as OpenAI Attempts to Dismiss Case

Elon Musk’s lawsuit against OpenAI is struggling, though there’s still a sliver of hope. Musk alleges that OpenAI’s transformation from a nonprofit, which he helped found, into a corporation goes…

California Gov. Gavin Newsom Signs Law to Curb Gas Price Spikes

California Governor Gavin Newsom signed a new law on Monday aimed at preventing sudden spikes in gas prices, marking the latest development in his ongoing confrontation with the oil industry…

Internet Archive Wayback Machine Returns in Read-Only State After Major Data Breach

The Internet Archive’s Wayback Machine has returned online after last week’s distributed denial of service (DDoS) attacks, but it remains in a read-only state for now. The platform, known for…

Samara Asset Group to Boost Bitcoin Holdings with $33 Million Bond

Publicly-listed asset management firm Samara Asset Group is set to increase its Bitcoin holdings by utilizing proceeds from a €30 million ($32.8 million) bond. In an announcement made on October…

Renault’s Hybrid Strategy Pays Off Amid EV Struggles

Renault’s focus on low-cost hybrid technology is helping the French automaker gain a foothold in Europe’s growing hybrid market as the company navigates the challenging shift towards electric vehicles (EVs),…

“Bitcoin” Search Interest Hits Yearly Low as “Memecoins” Experience a Surge

Google search volumes for the term “Bitcoin” have plummeted to their lowest level in a year during the week of October 12, 2024. On a scale of 100, global interest…

Boeing Plans 10 Percent Workforce Reduction Affecting 17,000 Employees

Boeing is planning to reduce its workforce by approximately 10%, which equates to around 17,000 jobs, according to an email sent to employees by President and CEO Kelly Ortberg, Reuters…

Kioxia IPO Scrapped After Investors Demand Lower Valuation

Bain Capital’s plan to list Japan’s Kioxia in an initial public offering (IPO) hit a roadblock as investors demanded a significantly lower valuation than the U.S. buyout firm sought, according…

Prediction Markets Surge 565% in Q3, Driven by US Elections

Prediction markets experienced remarkable growth in the third quarter of 2024, primarily fueled by bets on the upcoming United States presidential election. This event is anticipated to have wide-reaching implications…

Vitalik Buterin Reflects on Ethereum’s Future After the Merge

Ethereum co-founder Vitalik Buterin recently took to social media to share his reflections on the state of the protocol and its potential evolution following the historic Merge. In a detailed…

Vitalik Buterin Sells Additional $1.6 Million in Memecoins Designated for Charity

Ethereum co-creator Vitalik Buterin has converted another $1.6 million worth of memecoins into Ether, a portion of which he previously pledged to donate to various charitable organizations. This recent sale…

Star Health reveals $68,000 ransom demand after major data leak

Star Health, India’s largest health insurer, reported on Saturday that it received a ransom demand of $68,000 from a cyberhacker following a significant data breach involving sensitive customer information. The…