Others News

Ripple has teamed up with the DIFC Innovation Hub to accelerate the development of blockchain and digital asset technologies in the UAE.

Following the sharp market downturn on August 5, 2024, Binance saw a remarkable influx of $1.2 billion, showcasing significant trader activity amid falling cryptocurrency prices.

The U.S. Securities and Exchange Commission (SEC) has asked a New York court to reject Coinbase’s subpoena demanding extensive documentation related to cryptocurrency assets.

As of August 3, 2024, Berkshire Hathaway owns 4% of all publicly issued T-Bills, significantly more than the Federal Reserve’s $195 billion.

The cryptocurrency market has been hit hard by a significant crash, with Bitcoin and other digital assets experiencing substantial losses.

Arthur Hayes, a well-known crypto investor, has forecasted that the markets might soon face another downturn following the recent crash.

Japan’s key Nikkei 225 index rallied more than 10 percent early Tuesday, after its biggest drop in 37 years the previous day.

Economist Henrik Zeberg, who has a significant following, remains optimistic about the future of both cryptocurrency and the US stock market, despite recent downturns.

India’s Directorate General of GST Intelligence (DGGI) has issued a notice to Binance, demanding a payment of about $86 million for Goods and Services Tax (GST).

Elon Musk has reignited his legal battle with OpenAI and its CEO, Sam Altman, by filing a new lawsuit on August 5 in California. This follows Musk’s earlier decision to drop a similar case in June.

Financial markets are in chaos, with Donald Trump attributing the crash to Kamala Harris and the Biden administration.

The cryptocurrency market reacted swiftly to the global economic downturn over the weekend, with predictions of continued instability.

During an interview on CNBC, Wharton’s Professor Jeremey Siegel, who is also the Chief Economist at WisdomTree calls for 0.75% emergency rate cut by the FED.

A recent analysis reveals that significant declines in just 10 S&P 500 stocks, including major players like Nvidia, Microsoft, and Amazon, have erased over $2 trillion from investor portfolios since mid-July.

A prominent on-chain analyst predicts that the US government might eventually return up to 100,000 seized Bitcoin to their original owners.

After a dramatic $1 billion liquidation wave among leveraged crypto traders in the past 24 hours, Justin Sun, the founder of Tron (TRX), has unveiled a major relief initiative.

Berkshire Hathaway, led by Warren Buffett, saw a 15% rise in after-tax operating profits for the latest quarter, driven by substantial gains from its investment in Apple.

Today is a dark day for the global finanace as every market experienced a significan crash – from the U.S. and Japanese stock markets to crypto.

The U.S. Federal Reserve has called for an emergency meeting to address the recent dramatic downturn in global markets.

Robinhood has suspended its 24-hour trading feature in response to increased market volatility.

As asset prices in the crypto industry continue to plummet, Bitcoin has managed to fall below $60,000. Blockchain data testifies that Jump Crypto liquidated hundreds of millions of dollars in crypto assets.

Ripple Labs. recently added on its official website details about its upcoming stable coin that will be released later this year.

U.S. presidential candidate Kamala Harris is reportedly expanding her campaign team by adding a former Binance advisor.

On Friday, August 2, gold (XAU/USD) hit $2,477 per ounce, nearing its previous high of $2,483 from July 17.

Argentina has formed the Applied Artificial Intelligence for Security (UIAAS) unit to use AI to prevent crimes.

Leaders from the crypto industry and the White House are gearing up for a virtual roundtable on digital asset policy, organized by Representative Ro Khanna.

Henrik Zeberg, a well-known trader and analyst who runs The Zeberg Report, has reiterated his prediction of a major economic downturn, the worst since the 1929 Great Depression.

Investment giant Berkshire Hathaway is currently holding a historic $277 billion in cash amid economic uncertainties.

In a recent SEC filing, Microsoft has depicted its relationship with OpenAI as a mix of both competition and partnership.

The BRICS alliance is increasingly attracting new members from around the world who are willing to join the bloc and abandon the use of the US dollar for trade.

Financial expert Robert Kiyosaki, author of “Rich Dad Poor Dad,” recently addressed his followers on the X platform about the current market conditions.

Crypto exchange Coinbase has dismissed allegations that it violated campaign finance regulations.

Donald Trump’s chances of winning the U.S. presidential election have dropped to 54% in the Polymarket prediction platform from 72% in July.

Bybit, a major cryptocurrency exchange, halted all services and products in France, starting today.

Peter Schiff, an outspoken critic of Bitcoin, has warned that the United States is now in a recession and anticipates a significant increase in inflation.

Genesis has successfully concluded its restructuring and begun distributing about $4 billion in digital assets and cash to its creditors, according to a statement on August 2.

Researchers and policymakers in the U.S., UK, and EU are intensifying efforts to advance quantum computing following China’s recent breakthrough in room-temperature time crystals.

Since its launch in March 2024, BlackRock’s tokenized USD Institutional Digital Liquidity Fund (BUIDL) has delivered $7 million in dividends.

The Directed Acyclic Graph (DAG) protocol Fantom has rebranded to Sonic Labs, marking a major shift in its strategy.

Coinbase reported total revenue of $1.4 billion for the second quarter of this year.

Russia is reportedly preparing a prisoner exchange involving two American detainees, a Wall Street Journal reporter and a former U.S. marine, for several Russians, including BTC-e crypto exchange operator Alexander Vinnik, currently held by the U.S. and its allies.

Business intelligence firm MicroStrategy has purchased 12,222 bitcoins for $805.2 million since the beginning of Q2 2024, increasing its total holdings to 226,500 BTC at an average cost of $36,821 per BTC.

Japanese cryptocurrency exchange Bitbank is exploring the possibility of listing on the Tokyo Stock Exchange as Japanese investors increasingly turn to crypto for portfolio diversification.

The Casper Network has resumed its operations following a temporary shutdown caused by a security breach.

Ark Invest sold 12,077 shares of Coinbase—valued at $2.7 million—from its Next Generation Internet ETF (ARKW) on Wednesday.

Google has rolled out three new AI models in its Gemma 2 series, designed to boost safety, efficiency, and transparency.

The Bank for International Settlements and the Bank of England have introduced a new system called Pyxtrial, designed to provide near real-time insights into the liabilities and assets backing stablecoins.

Mt. Gox, the bankrupt cryptocurrency exchange, has recently made progress in repaying its creditors, distributing digital assets to 17,000 claimants as of July 31.

Many people who invested in Do Kwon’s high-interest crypto scheme are now seeking compensation after suffering substantial losses.

Riot Platforms, a Bitcoin mining company, reported a significant loss in Q2, impacted heavily by the April halving event.

The XRP Ledger, in partnership with Ripple and OpenEden, is set to offer tokenized US Treasury bills (T-bills), marking a significant step in merging traditional finance with blockchain technology.

Manchester United unveiled a Web3 football game called “Fantasy United” in the Tezos blockchain for the 2024/2025 season.

Following a $230 million security breach at WazirX, the Bharat Web3 Association (BWA) is intensifying its efforts to improve cybersecurity and consumer protection in the cryptocurrency space.

Ripple’s CEO, Brad Garlinghouse, has sharply criticized the SEC’s latest legal maneuver against Binance, accusing the regulator of inconsistent and politically motivated actions.

In 2024, global cryptocurrency trading is set to reach over $108 trillion, a dramatic increase of nearly 90% from 2022, according to Coinwire.

New insights from crypto analytics firm Kaiko indicate a surge in bullish Bitcoin (BTC) bets ahead of the upcoming presidential election.

Bitwise’s chief investment officer, Matt Hougan, has highlighted a significant shift in the cryptocurrency landscape, increasing the chances for upward market movements.

Mike Novogratz, CEO of Galaxy Digital, has shared his outlook on the cryptocurrency industry following the upcoming US elections.

The Federal Open Market Committee (FOMC) justs concluded their two-day meeting. 

Delta Air Lines CEO Ed Bastian announced that the airline’s costs resulting from a recent IT outage linked to CrowdStrike’s software glitch are projected to reach around $500 million.