PayPal USD Implements LayerZero to Facilitate Cross-Chain Transfers Between Ethereum and Solana
PayPal‘s U.S. dollar-pegged stablecoin, PayPal USD (PYUSD), has made a significant leap in blockchain interoperability by integrating with the cross-blockchain bridging protocol LayerZero. Announced on November 12, this integration marks…
Intel Brings Back Free Coffee to Ease Workplace Woes
Intel, reeling from substantial layoffs and budget cuts, is attempting to boost employee morale by reintroducing free tea and coffee at its facilities. According to TechSpot, despite recent cuts affecting…
Crypto Adoption Higher Among Underbanked in U.S., According to FDIC
In 2023, cryptocurrency usage was more prevalent in “underbanked” households in the United States than those fully integrated into the banking system, according to a report released by the Federal…
TSMC and GlobalFoundries Set to Receive Final Chips Act Awards, Sources Say
Taiwan Semiconductor Manufacturing Co. (TSMC) and GlobalFoundries, along with another unnamed chipmaker, are reportedly set to receive their final awards under the U.S. Chips and Science Act. The Commerce Department…
TikTok Awaits Trump’s Next Move on Potential U.S. Ban
Donald Trump is reportedly expected to challenge a potential U.S. ban on TikTok as a critical January deadline approaches. The ban would compel TikTok’s Chinese parent company, ByteDance, to divest…
Trump to Nominate South Dakota Governor Kristi Noem as Homeland Security Secretary
Donald Trump, following his presidential election victory, plans to nominate Governor Kristi Noem of South Dakota as the Secretary of the Department of Homeland Security, according to insiders. This decision…
Trump Names Musk and Ramaswamy to Lead Government Efficiency Group
President-elect Donald Trump announced Tuesday that he has chosen Elon Musk, CEO of Tesla and SpaceX, and former Republican candidate Vivek Ramaswamy to spearhead a new Department of Government Efficiency…
Other Factors Beyond Trump’s Win Propel Bitcoin’s Surge, Analysts Say
While Donald Trump‘s presidential election victory in the United States has certainly played a role in Bitcoin’s recent price surge, experts argue that this is not the primary driver. Jesse…
Amazon Developing AR Glasses to Speed Up Deliveries
Amazon is developing a new line of smart glasses, codenamed “Amelia,” designed to help its delivery drivers shave seconds off delivery times, according to sources speaking with Reuters. These augmented…
FTX Bankruptcy: Two Years Later and Current Developments
On November 11, 2022, Sam Bankman-Fried stepped down as CEO of FTX, handing the reins to John Ray who immediately filed for Chapter 11 bankruptcy protection for the company in…
Overwatch 2 Goes Full Nostalgia Mode with 6v6 Classic Event
Blizzard’s got Overwatch 2 players time-traveling back to 2016 with a limited-time “Overwatch: Classic” event. Kicking off on November 12, this three-week mode revives the game’s original 6v6 format, along…
Republicans Secure Congressional Majority as Trump Prepares for Second Term
The Republican Party is on track to maintain control of the United States House of Representatives, solidifying its grip on the federal government following significant wins in the Senate and…
South Korea’s Ruling Party Backs Chipmakers to Counter Trump’s Trade Threat
South Korea’s ruling party introduced a bill on Monday to provide subsidies and lift restrictions on working hours for chipmakers, aiming to counter potential risks tied to measures proposed by…
Elon Musk’s Wealth Soars by $70 Billion Following Trump Victory
Elon Musk, the prodigious CEO of Tesla and SpaceX, has witnessed an extraordinary surge in his net worth, swelling by approximately $70 billion following Donald Trump’s election victory. This phenomenal…
Coinbase Share Price Reaches $300 for First Time Since 2021
On November 11, shares of Coinbase Inc. (COIN) surged over 20%, crossing the $300 mark for the first time since 2021. This significant rise in share price is part of…
Post-Election Surge Drives $1.98 Billion into Crypto Investment Products
Last week, the cryptocurrency market witnessed a substantial inflow of investments, influenced by the post-election momentum. From November 3 to November 9, crypto investment products attracted $1.98 billion, pushing global…
X Users May Soon Access Grok AI for Free
Elon Musk’s AI chatbot Grok could soon be available to X’s free users—but there’s a catch. According to TechCrunch, Musk’s xAI has begun testing free access to Grok in select…
Most Memecoins Surge After Binance Listing in 2024
In 2024, the cryptocurrency exchange Binance witnessed a substantial appreciation in the value of most memecoins listed on its platform. Onchain analyst Ai_9684xtpa reported on X that out of 15…
Rep. Mike Waltz Named Trump’s National Security Adviser
President-elect Donald Trump has appointed Rep. Mike Waltz of Florida as his national security adviser, a choice confirmed by four sources close to the administration. Rep. Waltz, a decorated Green…
Amazon Confirms Breach Impacting Employee Contact Details
Amazon has confirmed that a data breach at a third-party vendor led to the exposure of employee contact information. The incident, tied to the mass exploitation of the MOVEit Transfer…