Li.Fi Protocol Suffers Security Breach, Resulting in $10 Million Cryptocurrency Theft
On July 16, the Li.Fi protocol, which facilitates swaps and bridging between Ethereum Virtual Machine and Solana networks, experienced a significant security breach. Over $10 million worth of cryptocurrencies were…
Senate Committee Reports Alarming Injury Rates During Amazon Prime Day
Amazon Prime Day, the 48-hour discount event that starts Tuesday, is a “major” cause of worker injuries, according to a Senate probe’s preliminary findings. The Senate’s Health, Education, Labor, and…
Kaspersky to Shut Down U.S. Operations and Lay Off Staff After Ban
Kaspersky will exit the U.S. market and lay off dozens of employees following a U.S. government ban on its software due to security concerns. Starting July 20, the Russian cybersecurity…
Record $116M in Polymarket Trading Volumes Driven by High Stakes on Trump’s Election Outcome
July has marked a historic milestone for the crypto prediction platform Polymarket, with trading volumes reaching unprecedented levels due to intense speculation surrounding the upcoming United States presidential election. Dune…
Ultrahuman’s Smart Ring Receives FDA Approval for AFib Detection
The smart ring has long been overshadowed by the smartwatch. For years, tech giants like Apple and Google have battled for dominance over wrists, leaving the smart ring market relatively…
Wittaya Aqua’s AI-powered analytics boost aquaculture production for seafood farmers
Over 3 billion people worldwide rely on wild-caught and farmed seafood as their primary source of protein. Recently, global aquaculture production reached a new high, with 89% of all aquatic…
SEC Sets Deadline for Final S-1 Filings Ahead of Ether ETF Launch
The United States Securities and Exchange Commission (SEC) has recently issued final directives to asset managers who are in the process of launching Ether exchange-traded funds (ETFs), a move that…
EU Court Upholds Gatekeeper Label for ByteDance, Empowering Regulators
ByteDance, the owner of the popular social media app TikTok, faced a significant legal setback on Wednesday. The company lost its court challenge against being designated as a “gatekeeper” under…
Amended Complaint Targets Tether and Bitfinix in Ongoing Lawsuit Over Alleged USDT Manipulation Scheme
The legal battle against Tether and its affiliated exchange Bitfinix intensifies as plaintiffs in a class-action lawsuit, ongoing since 2019, have filed an amended complaint in the Southern District of…
BlackRock’s Assets Under Management Exceed $10.6 Trillion, Fueled by Surge in ETF Inflows
BlackRock, the world’s largest asset manager, has achieved a new milestone by managing over $10.6 trillion in assets, reflecting a substantial $1.2 trillion growth year-over-year. This significant achievement has been…
Metaplanet Acquires Additional $1.2 Million in Bitcoin Amid Price Surge Toward $65K
Metaplanet, a Bitcoin-stacking investment firm based in Japan, has strategically expanded its Bitcoin portfolio by purchasing an additional 21.88 Bitcoin, valued at over $1.2 million (200 million Japanese yen). This…
Court Leak Shows Valve’s $400 Million Payout to Small Workforce
Valve’s internal financial and staffing details have emerged from an ongoing court case, revealing that the company has paid over $400 million to fewer than 400 employees. This leak highlights…
Significant Moon Cave Discovery Could Shelter Future Astronauts
Researchers have uncovered a significant underground cave on the moon, accessible from the surface, which may prove pivotal for future lunar explorations and habitation. This discovery, reported in the journal…
Bitcoin Declines 3% Following $5.7 Billion Transfer from Mt. Gox Cold Wallet
On July 16, Bitcoin experienced a notable decline, dropping over 3% as unsettling news resurfaced concerning the defunct exchange Mt. Gox. This downturn occurred shortly after Bitcoin’s price briefly reached…
Vectara Secures $25M Funding to Launch Mockingbird LLM for Enterprise RAG Solutions
Vectara, an early pioneer in Retrieval Augmented Generation (RAG) technology, is making headlines today with the announcement of a $25 million Series A funding round. This latest round brings the…
Bitcoin and Ethereum Drive Record $17.8 Billion in Crypto Inflows
The digital asset investment landscape has experienced a remarkable surge in 2024, with inflows into cryptocurrency investment products reaching a record-breaking $17.8 billion year-to-date (YTD). This substantial capital influx suggests…
Donald Trump Selects Pro-Crypto Senator JD Vance as Vice Presidential Candidate for 2024
In a strategic move shaping the 2024 presidential race, Donald Trump, a prospective Republican candidate, has officially announced Senator JD Vance as his vice-presidential running mate. The announcement, made on…
Tesla Pushes Robotaxi Unveiling to October
Tesla has postponed the highly anticipated unveiling of its “robotaxi” design from August 8 to October, according to Bloomberg News. The delay is attributed to the need for additional time…
European Commission Finds X’s Blue Checkmarks Misleading
The European Union has announced that the blue checkmarks on Elon Musk’s platform, X, violate the bloc’s social media laws. These checkmarks, which cost $8 for verification, are seen as…
Nvidia Investors Face a Dilemma: Determining the Right Balance in Their Stock Portfolios
Outsized positions in artificial intelligence darling Nvidia have boosted portfolio managers’ returns this year, but the bets stand to magnify risk if the chipmaker’s red-hot shares see a reversal of…