Record Gold Purchases by Central Banks Amid Financial Shifts, Bitcoin Also Rises
In 2024, central banks globally have accelerated their acquisition of gold, reaching unprecedented levels, signaling a significant shift towards store of value assets amid broader financial market dynamics. According to…
ByteDance Taps Citigroup, Goldman Sachs, and JPMorgan for Massive Loan
ByteDance, the parent company of TikTok, is reportedly securing a $9.5 billion loan from banks, marking the largest dollar-denominated corporate loan in Asia outside of Japan. According to sources familiar…
Research Indicates Underreported Crypto Liquidations May Distort Market Perception
The veracity of liquidation data from major cryptocurrency exchanges is being called into question, which may have led market participants to operate under a significantly distorted view of market conditions,…
Apple Reportedly Phasing Out USB-A in New Mac Mini
Apple is reportedly planning to remove USB-A ports from the upcoming Mac mini, according to Bloomberg’s Mark Gurman. The new Mac mini models will feature Apple’s M4 chip and will…
Huawei to Launch New Product Hours After Apple’s iPhone 16 Unveiling
Huawei is set to challenge Apple with a product launch event scheduled just hours after the expected unveiling of the iPhone 16. The Chinese tech giant announced on Monday that…
SEC May Contest FTX’s Stablecoin Repayment Strategy
The United States Securities and Exchange Commission (SEC) has expressed concerns about FTX’s proposed plan to repay creditors using stablecoins, according to an August 30 court filing in the United…
August Sees Over $313 Million in Cryptocurrency Stolen Due to Hacks
Cryptocurrency security concerns intensified in August as hackers pilfered $313.86 million in digital assets across more than 10 separate incidents. This disturbing trend underscores the challenges facing the asset class’s…
Record Highs for Bitcoin Whales: Wallets Holding Over 100 BTC Surge
Bitcoin’s whale wallets—those holding at least 100 BTC—have reached a 17-month high, indicating a bullish trend among larger investors despite recent price dips. According to the latest data from the…
Toronto’s Leading Cosmetic Dermatology Clinic Receives Prestigious Award of Excellence
Compass Dermatology, Toronto’s premier cosmetic dermatology clinic, is delighted to announce its recent recognition by Sciton with the Award of Excellence. This esteemed accolade solidifies Compass Dermatology’s position as a…
Bitcoin Mining Revenues Plunge to 11-Month Low Amid Increased Challenges
Bitcoin mining activity has seen a significant downturn in profitability, recording the lowest monthly revenue since September 2023. Last month, miners generated $827.56 million, a sharp 10.5% decrease from July’s…
Singapore Retailers Embrace AI but Worry About Losing Personal Touch
Singapore retailers are increasingly adopting artificial intelligence (AI) to enhance customer engagement and streamline operations, but concerns remain over the potential loss of a personal touch in shopping experiences. A…
Canadian Court Mandates Repayment of $1.2 Million Bitcoin Loan
In a landmark case that underscores the evolving legal landscape surrounding cryptocurrencies, the Supreme Court of British Columbia has ruled in favor of Hung Nguyen, ordering Daniel Tambosso to repay…
Bitcoin’s On-Chain Indicator Approaches Key ‘Buy’ Signal Amid Market Fluctuations
Bitcoin is approaching a pivotal point according to a widely recognized on-chain indicator, which is causing excitement among crypto traders about potential buying opportunities. This development comes as the cryptocurrency…
Bluesky Gains One Million Users Following Brazil’s X Ban
Bluesky, a microblogging platform, has seen a rapid surge in new users, gaining a million users over the past three days. This spike in activity follows a decision by Brazilian…
Crypto Exec Says Elderly Withdrawal Attempts Prompt Immediate Contact for Scam Prevention
Crypto exchange vigilance has become a cornerstone in the battle against digital fraud, with a focus on protecting the most vulnerable groups from sophisticated scams. Adrian Przelozny, CEO of Independent…
Validus Secures $50M Debt Financing from HSBC to Support Indonesian SMEs
Validus, a digital lending platform for small and medium enterprises (SMEs) based in Singapore, has secured $50 million in debt financing from HSBC under the ASEAN Growth Fund strategy. The…
White House Confirms Biden, Harris Not Invited to Arlington Event for Afghanistan Withdrawal Casualties
In a recent development, the White House and an aide to Vice President Kamala Harris have clarified that President Joe Biden and Vice President Harris were not invited to last…
The Art of Brand Storytelling through Packaging Design – The Packaging People Reveal Custom Designs
Adweek research shows that 80% of consumers are more likely to remember (and eventually purchase from) a brand that tells an authentic story. Melbourne’s leading packaging suppliers, The Packaging People,…
Mysterious Noise Reported from Inside NASA’s Starliner Docked at ISS
NASA’s Starliner spacecraft has begun emitting unusual noises just days before it is set to undock from the International Space Station (ISS) for an uncrewed return to Earth. On Saturday,…
Boeing’s Starliner Returning to Earth Without Crew on September 6
Boeing’s Starliner spacecraft is set to return to Earth without a crew on September 6, following an undocking from the International Space Station (ISS). If conditions permit, the spacecraft will…