$500 Billion Vanished: Crypto Experiences Its Largest Three-Day Decline in a Year
The cryptocurrency market has just undergone its most drastic three-day sell-off in nearly a year, erasing approximately $510 billion in total market capitalization since August 2. This significant downturn in…
Ethereum at Critical Support Level, Risk of Falling Below $2,800 Looms
Ether, the second-largest cryptocurrency by market capitalization, is currently perched precariously at a vital support level. Crypto traders are closely monitoring this situation, as a failure to maintain this support…
EU Regulator Flags Risks with Offshore Crypto Operations Under MiCA Regulation
The European Securities and Markets Authority (ESMA), the key regulator for the EU’s financial markets, has recently issued a detailed Opinion to highlight the risks associated with global crypto firms…
Telegram Launches In-App Browser Supporting Decentralized Websites
On July 31, Telegram, the popular crypto-friendly social messaging platform, unveiled a new in-app browser that supports decentralized websites. Known as “TON Sites,” these sites are now accessible to users…
Uber’s New Deal with BYD to Bring Electric Cars to Europe and Latin America
Uber and BYD have announced a significant multi-year strategic partnership that will see 100,000 BYD electric vehicles added to Uber’s ride-hailing platform, starting in Europe and Latin America. The partnership,…
Law Commission of England and Wales Suggests New Property Classification for Crypto Assets
The Law Commission of England and Wales, an independent entity responsible for reviewing and recommending reforms in the legal sphere, has made a significant proposal regarding the classification of crypto…
Bank of England to Conduct Trials with Wholesale Central Bank Digital Currency and Synchronization Techniques
The Bank of England (BoE) has announced plans to launch an experimental program that integrates its Real-Time Gross Settlement (RTGS) system with a wholesale central bank digital currency (wCBDC). This…
Four Suspects Allegedly Forced Bitcoin Owner to Transfer Funds Before Murdering Him, According to Police
In a horrifying incident in Kyiv, Ukraine, four suspects have been arrested in connection with the kidnapping and murder of a 29-year-old foreign national known for his involvement with Bitcoin.…
Slovenia Debuts the European Union’s First Digital Sovereign Bond Issued by BNP Paribas
Slovenia has taken a significant step in digital finance by issuing the first digital sovereign bond within the European Union. Managed by BNP Paribas, this groundbreaking bond has a nominal…
Sabotage Strikes Paris Olympics: Internet Cables Cut, Services Disrupted
On the morning of July 11, 2024, several long-distance internet cables were cut in multiple locations across France, causing widespread disruption to internet services during the Paris Olympics. This incident…
Paris Olympics: How AI is Changing Broadcasts
NBCUniversal is implementing advanced AI technology for the U.S. broadcast of the Paris Olympics, offering a unique viewing experience compared to European broadcasts. The company, part of Comcast, will use…
Hacker Sentenced to 3.5 Years for $900,000 Coinbase Login Scam
A computer hacker from the United Kingdom, who compromised over 500 Coinbase accounts through phishing websites in 2018 and 2019, has been sentenced to three and a half years in…
Swiss Regulator FINMA Proposes New Guidelines for Stablecoin Issuers
In an effort to enhance regulatory oversight and address potential financial risks, the Swiss Financial Market Supervisory Authority (FINMA) has introduced new guidelines for stablecoin issuers. This proposal is part…
Bitcoin Hits 16-Month High in Positive Sentiment as Price Approaches $68K
Bitcoin’s recent price surge has significantly impacted trader sentiment, reaching levels not observed in 16 months. Data from Santiment, a firm that monitors social media sentiment, highlights a notable shift…
AI and Tech Innovations Revolutionize Paris 2024: A Game-Changer in Sports
With applications ranging from athlete safeguarding to enhanced broadcast experiences and efficient energy management, artificial intelligence (AI) and technology innovations are set to transform some aspects of the Olympic Games…
UK’s Zapp EV Sets Sights on Global Expansion, Kicks Off in India
Zapp Electric Vehicles, a London-based electric two-wheeler manufacturer, is gearing up to expand its brand globally, with India as one of its key markets. The company plans to launch its…
Broadcasters Take Varied Paths on Innovative AI Integration for Paris Olympics 2024
The Paris Olympics will highlight the use of generative AI for American viewers, while European audiences won’t see a similar technological integration. This difference showcases how global media companies are…
Latvia’s Strategic Economic Shift: Insights from the Minister of Economics on Crypto Regulations and Blockchain Innovations
Situated in Northern Europe, Latvia, with a population of 1.8 million, is positioning itself as a burgeoning leader in digital innovation within the continent. The recent advancement of its “Crypto…
The Crucial Role of Private Sector Expertise in Nigeria’s Blockchain Strategy
As Nigeria prepares to launch a national blockchain platform, insights from key players in the African fintech industry underscore the pivotal role of private sector expertise in the successful implementation…
European Investment Bank Advocates for Enhanced Innovation Financing in the EU
The European Investment Bank (EIB) has recently emphasized the urgent need for increased innovation financing within the European Union. A detailed report released on July 24, 2024, outlines the significant…