PEPE Hits New Record as Ethereum Prices Climb on Anticipated ETF Approvals
The Ethereum-based memecoin, PEPE, has achieved a remarkable 27% increase, reaching a new all-time high in the last 24 hours. This surge is largely attributed to the speculative anticipation surrounding…
DEGEN Token Rises 17% Following Farcaster’s $150 Million Series A Funding
The blockchain-based social platform Farcaster, under the helm of Merkle Manufactory, has successfully secured a $150 million investment in its Series A funding round, significantly boosting the platform’s prospects and…
Disney reaches agreement to sell stake in Tata Play, reports Bloomberg News
In a significant move, Walt Disney has agreed to sell its stake in Tata Play, the satellite TV provider owned by India’s Tata Group. This deal values Tata Play at…
Gala Games Attacker Returns $22M in Ether Following GALA Token Breach
Gala Games, a prominent player in the blockchain gaming sector, recently confronted a severe security breach where an attacker unauthorizedly minted $200 million worth of GALA tokens. This incident unfolded…
Tradewave Capital Plc Solidifies its Position in Financial Markets with Vienna Stock Exchange Listing
Tradewave Capital Plc, a leading Forex fund management trading company, announced its listing on the Vienna Stock Exchange today, marking a significant milestone on its corporate journey. This decision underscores…
Nvidia projects higher-than-expected quarterly revenue and announces a stock split.
Nvidia Corp. on Wednesday forecast quarterly revenue above analysts’ estimates and announced a stock split, propelling its shares to record highs and capturing the attention of investors who have significantly…
Recruiting Startup SeekOut, Once Valued at $1.2 Billion, Cuts 30% of its Workforce
SeekOut, an eight-year-old recruitment startup utilizing AI for candidate discovery, reduced its workforce by approximately 30% last Thursday, May 16th. In a recent communication to employees, SeekOut’s CEO Anoop Gupta…
Governments and Tech Companies Pledge Collaboration to Address AI Risks at Seoul Summit
SEOUL: More than a dozen countries and some of the world’s biggest tech firms pledged on Wednesday to cooperate against the potential dangers of artificial intelligence (AI), including its ability…
Driverless Cars to Hit UK Roads by 2026 After Law Passes
The U.K. has officially passed groundbreaking legislation that sets the stage for the introduction of autonomous vehicles on its roads by 2026. The Automated Vehicles (AV) Act, having received royal…
Bitcoin Reaches New Milestones in Local Currencies of Japan, Argentina, and the Philippines
Bitcoin has recently achieved notable gains, experiencing a 7% increase in a single day which propelled its value towards record highs in various countries across Asia and South America. As…
Alibaba Ignites China AI Price War with Major Discounts
Alibaba Group Holding Ltd has initiated a significant reduction in prices for its artificial intelligence (AI) services, cutting costs by up to 97%. This drastic move has triggered immediate responses…
Former Florida Congressman Appointed to Coinbase Global Advisory Council
Kendrick Meek, the former House Representative for Florida’s 17th congressional district, has taken on a new role within the cryptocurrency sector by joining Coinbase’s Global Advisory Council. This move marks…
New York Attorney General Secures $2 Billion Settlement with Genesis to Compensate Investors
Letitia James, the Attorney General of New York, has achieved a significant legal victory, securing a $2 billion settlement with the cryptocurrency firm Genesis. This agreement aims to compensate investors…
Binance Encourages Participation from Small to Medium Projects to Address Low Circulation and High Valuation Challenges
Crypto exchange Binance has taken a proactive stance against the prevalent trend of low float and high fully diluted valuations (FDV) in the cryptocurrency industry. On May 20, Binance extended…
Meta’s Oversight Board Hears its First Threads Case
Meta’s Oversight Board, initially established to handle content moderation decisions for platforms like Facebook, has now taken its jurisdiction to Threads, Instagram’s latest venture. This move introduces a new dynamic…
Moonshot AI’s Kimi Chatbot, China’s ChatGPT counterpart, introduces premium service for the masses.
In a move to monetize its AI capabilities, Moonshot AI’s Kimi Chatbot has begun charging fees for faster response times, joining the expanding list of Chinese AI companies exploring revenue…
Aurora and Volvo Roll Out New Self-Driving Truck for Future Freight
Aurora Innovation and Volvo Autonomous Solutions have introduced a groundbreaking self-driving truck, the Volvo VNL Autonomous, which promises to shape the future of driverless freight transport. Unveiled at the ACT…
Nvidia’s Earnings Report May Trigger $200 Billion Market Shift, According to Options Data
NEW YORK – Traders are bracing for a significant movement in Nvidia’s shares following the chipmaker’s earnings report on Wednesday. However, current expectations for volatility are more subdued compared to…
Bitcoin Needs a $93K Valuation to Surpass Silver in Market Cap
In 2024, silver has notably outperformed Bitcoin, reclaiming its position as the eighth-largest asset by market cap, a spot it lost to Bitcoin in March. This resurgence in silver’s value…
Neuralink Gains FDA Approval for Second Brain Implant Procedure
Neuralink has secured approval from the FDA to conduct a second surgical implantation of its device into another patient, according to The Wall Street Journal. This development comes months after…