Nvidia Faces Historic $279 Billion Loss as AI Enthusiasm Wanes
Nvidia experienced a record-breaking $279 billion loss in market value on Tuesday as its shares dropped by 9.5%, marking the largest single-day decline ever for a U.S. company. The downturn…
Ripple’s Chief Legal Officer Criticizes SEC’s Use of ‘Crypto Asset Security’
Ripple Labs’ Chief Legal Officer, Stuart Alderoty, has openly criticized the United States Securities and Exchange Commission (SEC) for its continued use of the term “crypto asset security,” which he…
UK to Review Ticketmaster Pricing After Oasis Ticket Chaos
The UK government plans to investigate Ticketmaster’s dynamic pricing model after widespread chaos and frustration during the recent sale of Oasis reunion tour tickets. The move aims to address concerns…
Judge Rules Against Forcing Social Media Platforms to Block Harmful Content for Teens
A federal judge has ruled against a portion of the Texas SCOPE Act, stating that social media companies cannot be forced to block teens from accessing specific content labeled as…
Disney Blackout on DirecTV Leaves Millions Without ESPN and ABC
Disney has imposed a blackout on ESPN, ABC, and other channels for DirecTV subscribers after negotiations failed to secure a new distribution agreement, affecting roughly 11 million DirecTV users. This…
New Web3 Wallet Introduces Decentralized Crypto Inheritance Feature
UBD Network has unveiled a groundbreaking development in the Web3 space with the launch of its new product, the DeTrust Wallet. This multifunctional blockchain protocol facilitates decentralized cryptocurrency inheritance, addressing…
Microsoft’s Recall Feature on Windows 11 Not Removable After All
Microsoft has confirmed that Windows 11 users will not be able to uninstall the controversial “Recall” feature, despite earlier reports suggesting otherwise. Recall, part of the Copilot+ suite announced in…
Crypto Executives Organize $100K Fundraiser for Vice President Harris
Crypto industry leaders and advocacy groups are reportedly organizing a fundraiser to gather $100,000 for Vice President Kamala Harris, aiming to influence her cryptocurrency policy stance if she is elected…
Biden and Harris Campaign in Key Union State as Trump Opts Out of Labor Day Events
On Labor Day, President Joe Biden and Vice President Kamala Harris united in Pittsburgh, a significant union stronghold, to emphasize their administration’s commitment to labor rights, contrasting their active campaign…
Brazilian Supreme Court Upholds X Ban as Starlink Defies Compliance
Brazil’s Supreme Court has upheld a ban on X, the social media platform formerly known as Twitter, following a decision led by Justice Alexandre de Moraes. This ruling directs Brazil’s…
Record Gold Purchases by Central Banks Amid Financial Shifts, Bitcoin Also Rises
In 2024, central banks globally have accelerated their acquisition of gold, reaching unprecedented levels, signaling a significant shift towards store of value assets amid broader financial market dynamics. According to…
Research Indicates Underreported Crypto Liquidations May Distort Market Perception
The veracity of liquidation data from major cryptocurrency exchanges is being called into question, which may have led market participants to operate under a significantly distorted view of market conditions,…
Apple Reportedly Phasing Out USB-A in New Mac Mini
Apple is reportedly planning to remove USB-A ports from the upcoming Mac mini, according to Bloomberg’s Mark Gurman. The new Mac mini models will feature Apple’s M4 chip and will…
SEC May Contest FTX’s Stablecoin Repayment Strategy
The United States Securities and Exchange Commission (SEC) has expressed concerns about FTX’s proposed plan to repay creditors using stablecoins, according to an August 30 court filing in the United…
August Sees Over $313 Million in Cryptocurrency Stolen Due to Hacks
Cryptocurrency security concerns intensified in August as hackers pilfered $313.86 million in digital assets across more than 10 separate incidents. This disturbing trend underscores the challenges facing the asset class’s…
Record Highs for Bitcoin Whales: Wallets Holding Over 100 BTC Surge
Bitcoin’s whale wallets—those holding at least 100 BTC—have reached a 17-month high, indicating a bullish trend among larger investors despite recent price dips. According to the latest data from the…
Bitcoin Mining Revenues Plunge to 11-Month Low Amid Increased Challenges
Bitcoin mining activity has seen a significant downturn in profitability, recording the lowest monthly revenue since September 2023. Last month, miners generated $827.56 million, a sharp 10.5% decrease from July’s…
Canadian Court Mandates Repayment of $1.2 Million Bitcoin Loan
In a landmark case that underscores the evolving legal landscape surrounding cryptocurrencies, the Supreme Court of British Columbia has ruled in favor of Hung Nguyen, ordering Daniel Tambosso to repay…
Bitcoin’s On-Chain Indicator Approaches Key ‘Buy’ Signal Amid Market Fluctuations
Bitcoin is approaching a pivotal point according to a widely recognized on-chain indicator, which is causing excitement among crypto traders about potential buying opportunities. This development comes as the cryptocurrency…
Bluesky Gains One Million Users Following Brazil’s X Ban
Bluesky, a microblogging platform, has seen a rapid surge in new users, gaining a million users over the past three days. This spike in activity follows a decision by Brazilian…