Biden’s Withdrawal from Presidential Race Spurs Temporary Bitcoin Recovery to $68K
The recent announcement by U.S. President Joe Biden that he will not seek re-election in the 2024 Presidential race had an immediate, albeit brief, impact on Bitcoin’s market value. This…
Kraken Completes Distribution of Mt. Gox Bitcoin Without Significant Selling Activity from Creditors
Crypto exchange Kraken has officially concluded the distribution of Bitcoin and Bitcoin Cash to creditors of the defunct Mt. Gox exchange, as announced by Kraken’s CEO, Dave Ripey. This marks…
Elon Musk Reschedules Tesla Robotaxi Unveiling to October 10
Elon Musk announced a new date for unveiling Tesla’s “robotaxi” prototype, now set for October 10, after delaying the original reveal planned for August 8. Musk indicated that the delay…
Worldcoin Refutes Allegations of Insider Trading and Market Manipulation
Worldcoin has recently found itself at the center of controversy following claims of insider trading and price manipulation concerning its cryptocurrency, the Worldcoin (WLD) token. These allegations have sparked a…
Telegram Surpasses 950 Million Users, Announces Plans for New App Store Launch
Messaging app Telegram has reached 950 million active users, with the company’s founder Pavel Durov announcing plans to surpass the 1 billion mark by the end of this year. Durov…
Trump Campaign Challenges Harris’ Claim to Biden’s Campaign Funds
The campaign of Republican presidential candidate Donald Trump has lodged a formal complaint with the Federal Election Commission (FEC), contesting the legality of Vice President Kamala Harris assuming control of…
Mattel Reveals New Barbie Project Friendship Game
Mattel, in collaboration with Outright Games, has announced the upcoming release of Barbie Project Friendship, an adventure game celebrating the 65th anniversary of Barbie. The game, available from October 25th,…
Grayscale Moves $1 Billion in ETH to Coinbase in Preparation for Ether ETF Debut
On July 22, Grayscale, a leading digital asset manager, transferred $1 billion worth of Ether to Coinbase. This significant move aligns with the company’s preparations for the anticipated launch of…
Mt. Gox Distributes $335 Million in Bitcoin to Bitstamp and an Unidentified Wallet
Mt. Gox, the cryptocurrency exchange that famously collapsed in 2014, continues its long process of reimbursement by transferring a substantial amount of Bitcoin to the exchange Bitstamp and another unknown…
Boeing and NASA Conclude Ground Tests on Starliner Thruster, Review Data Before Crew Return
Boeing and NASA engineers have completed ground tests on the Starliner Reaction Control System (RCS) thruster. They aimed to figure out what went wrong during the spacecraft’s flight in early…
Elon Musk Halts Tesla’s Mexico Factory Plans in Response to Trump’s Tariff Threats
Tesla CEO Elon Musk announced on Tuesday that the company is putting its plans to build a new gigafactory in Mexico on hold. The decision comes in response to former…
Waymo-Zeekr Launches Robotaxi Service in San Francisco
Waymo has started testing a new robotaxi model on the public roads of San Francisco, developed in partnership with Chinese electric vehicle manufacturer Zeekr. Currently, Waymo has a small fleet…
Reddit Strikes New Deals with Top Sports Leagues
Reddit is enhancing its platform with more sports content through agreements with major leagues, including the National Basketball Association (NBA) and the National Football League (NFL), to attract increased advertising…
CrowdStrike’s Share Value Plummets 13% Following Major IT Outage
CrowdStrike Holdings Inc. experienced a significant decrease in share price, falling 13% on Monday. This decline followed a catastrophic global computer outage initiated by a problematic software update on July…
GM’s Cruise Scraps Origin Robotaxi, Faces $583 Million Charge
GM’s self-driving subsidiary, Cruise, has abandoned its plans to build the Origin robotaxi, opting instead for the next-generation Chevrolet Bolt. This decision aims to simplify scaling and address regulatory uncertainties.…
Google Reverses Plan to Eliminate Chrome Cookies
Google has decided to keep third-party cookies in its Chrome browser, changing its previous plan to remove them by early 2025. This decision comes after concerns from advertisers, who rely…
Asset Manager Discusses Potential for Bitcoin as U.S. Strategic Reserve Under Trump Administration
Amidst evolving economic landscapes and political discourses, the conversation around Bitcoin’s integration into national treasury systems has gained significant momentum. Recently, asset manager Bryan Courchesne appeared on CNBC to discuss…
Illustrator and Photoshop Get Boost with Adobe’s Firefly AI Tools
Adobe has introduced new Firefly AI tools for Photoshop and Illustrator on Tuesday, July 23, making it easier for graphic designers to use AI for creating textures and images. These…
Biden Passed the Torch Slowly, Holding On Until It Finally Fell Apart
President Joe Biden‘s decision to not seek reelection marked a poignant moment in U.S. politics, underpinned by a series of private reflections and public pressures that led to his withdrawal.…
Cohere Secures $500M Funding to Challenge Leading Generative AI Competitors
Cohere, a generative AI startup co-founded by ex-Google researchers, has raised $500 million from investors including Cisco, AMD, and Fujitsu. The new funding round also saw participation from Canadian pension…