The social media platform formerly known as Twitter began its metamorphosis from its iconic blue bird, tweet-centric operations to its new form as “X” on July 24. X has replaced its bird logo with a ...
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Big banks have to raise capital by as much as 19% under proposed US rules
US regulators are proposing that big banks increase their capital levels to protect against future blowups following a regional banking crisis, one of the most sweeping overhauls of how lenders are re...
Zuckerberg Reaffirms Commitment to Metaverse, AI Despite $3.7B Loss
Mark Zuckerberg reaffirms commitment to metaverse vision and AI despite loss. Reality Labs, Meta’s AR/VR division, experienced a $3.7B operating loss in Q2. Meta continues to invest in AI and metavers...
U.S. Stablecoin Bill Takes Big Step Despite Fight from Democrats, White House
In a contentious hearing Thursday that ended with a 34-16 vote to clear the legislation for wider consideration in the House of Representatives, the panel’s top Democrat, Maxine Waters (D-Calif.), sai...
Optimism (OP) Completes Upgrade As Uwerx (WERX) Sells Out On Presale
As the market looks to recover from the aftermath of the SEC back-to-back lawsuits against Binance and Coinbase, we have seen Bitcoin(BTC) and several altcoins regain lost value and return to pre-laws...
US financial committee votes in favor of key crypto bills
The US House Financial Services Committee passed two crypto regulatory bills, clarifying jurisdiction for crypto firms under SEC and CFTC. On July 26, the House Financial Services Committee voted in f...
Custodia Bank’s Fed Lawsuit Is as Important as XRP’s: John Deaton
Godfrey Benjamin Custodia Bank and Ripple have similar case fundamentals according to new insight shared by John Deaton The ongoing legal battle between Custodia Bank and the Federal Reserve has taken...
Twitter Suspends, Then Unsuspends, Popular Right-Wing User Who Tweeted Image Of Child Sexual Abuse
Topline Twitter suspended, then quickly unsuspended, a right-wing user known for spreading conspiracy theories after he posted a screenshot from a video depicting child sexual abuse—which he claims wa...
Many crypto projects funded in 2021 still searching for success
Despite an influx of funding into various crypto projects in 2021, very few have reached “product to market fit” status — with certain segments such as DeFi lagging others in even getting offerings of...
Bitcoin Displays Volatile Fluctuations Within a Bullish Pattern; Is a Breakout on the Cards?
The bulls had remained passive for quite a long time, compelling the markets to remain less volatile in recent times. Although the markets are approaching their monthly close, the value of the majorit...
NZD/USD loses traction below the 0.6200 mark amid a stronger Dollar
NZD/USD loses momentum and currently trades around 0.6188, gaining 0.1% for the day. The US GDP expanded 2.4% in the second quarter, beating expectations of 1.8% and 2.0% prior. Market players will mo...
Analyst Laments Litecoin Stagnant Network Activity Despite Upcoming Halving
Crypto analyst Ali Martinez raises concerns over Litecoin stagnant growth amid the upcoming halving, sparking heated debate from the LTC community. Renowned crypto analyst Ali Martinez recently took ...
The Rising Crypto Hub for New Investors
Gofaizen & Sherle has launched the new product for obtaining crypto licenses in El Salvador, expecting it to become one of the key business destinations on the crypto map. In this article, we have...
Can AT&T and Verizon escape managed decline?
IN THE EARLY 1980s AT&T Corporation, then America’s telecoms monopoly, was the darling of Wall Street. As big tech of the day, it was the mightiest company in the S&P 500, accounting for 5.5% ...
Bitcoin Whales Move BTC to Binance; Dump Incoming?
BTC whales transacted a huge count to unknown addresses. Bitcoin struggles to reach $30K, prolonging its oscillation in a surge. Being the most popular cryptocurrency, Bitcoin (BTC) has set its back s...
Republicans Blast White House For Failure To Compromise On Stablecoin Bill
The House Financial Services Committee (HFSC) failed to reach an agreement for stablecoin legislation on Thursday due to a number of disagreements Democrats had with its existing text. Committee Chair...
Injective Price Prediction: INJ Price Might Take A Rebound
1 Injective price prediction suggests that the Injective token may see a surge in value. 2 On the daily chart, the Injective price is down by 9.00% in the last 7 days. Injective price prediction indic...
Forty-year leap: US national debt nearing $1T in interest alone
Quick Take The United States is experiencing a steep surge in interest payments, now reaching approximately $970 billion. According to financial analyst Joe Consorti, this constitutes an escalation of...
BNB Chain’s Q2 was disappointing, but will Q3 be different?
BNB faced regulatory persecution, leading to a fall in its revenue and coin value. The blockchain has implemented some upgrades and plans on expanding its validator model. BNB Chain, the native blockc...
Barbenheimer box office success driven by FOMO
An employee adds letters for upcoming film releases “Oppenheimer” and “Barbie” to a marquee at the Colonial Theater in Phoenixville, Pennsylvania, July 16, 2023. Hannah Beier |...
Uncensored and ‘Insane’: A Look at OpenAI’s Secret Image Generator
OpenAI has been privately testing a new iteration of its generative artificial intelligence (AI) imaging model over the past several months, and early samples leaked by YouTuber MattVidPro show it out...
Shiba Inu Now Accounts For Almost 12% Of The Top Ethereum Whale Holdings
Shiba Inu has always been a favorite of the largest Ethereum whales and it seems that sentiment has not changed. When it comes to the largest token holdings among these large investors, Shiba Inu cont...
Billionaire Casino Mogul Steve Wynn Settles For $10 Million Over Sexual Misconduct—And Is Banned From Gaming Industry
Topline Billionaire casino mogul Steve Wynn agreed to a $10 million settlement with the Nevada Gaming Commission on Thursday, ending a yearslong case over sexual misconduct allegations and agreed to c...
Stake-to-Earn Bitcoin Alternative BTC20 Raises $3.3m in Less Than Two Weeks
In an exciting turn of events, BTC20 ($BTC20), a new stake-to-earn Bitcoin alternative, has raised a staggering $3.2 million through its presale in less than two weeks. This rapid surge in investor in...
U.S. House Approves Major Crypto Bill, Pushes For Regulatory Framework
A noteworthy development has occurred in regulating the United States’ crypto space as a House Committee has approved a bill to bring clarity into the industry. On July 26, the U.S House Financial Se...
GBP/USD bears move in for the kill, testing key support structure
GBP/USD Price Analysis: Bears move in for the kill, testing key support structure GBP/USD followed EUR/USD lower on strong US data and the European Central Babk’s dovish 25bp hike. The pair drop...
Turkey fights inflation with Bitcoin and Tether
Turkey’s economy is grappling with high inflation rates and the depreciation of the national currency, the Turkish lira (TRY), which have led to economic uncertainty and financial instability, and the...
Twitter hijacks @X handle, offered user merch, trip to HQ as ‘thank you’
Twitter is currently undergoing a rebrand to X after owner Elon Musk grabbed headlines when he announced that the 17-year-old social media platform he acquired in 2022 would have a new name, logo, loo...
Silicon Motion Says It Will Seek to Enforce Merger Deal With MaxLinear
Text size Silicon Motion is based in Hong Kong. Here, a streetscape in the city. Isaac Lawrence/AFP via Getty Images It looks like the Silicon Motion drama is going to drag on for a while. On Wednesda...
Chinese tourists visiting Hong Kong can now use digital yuan to pay in select stores
China is one step closer to achieving its dreams for cross-border functionalities for its central bank digital currency (CBDC) following a plan to trial its usage in Hong Kong. Beginning on July 18, C...
Disgraced Congressman George Santos Involved Crypto in Nigerian Prince-Like Scheme: New York Times
George Santos, a first-term member of the House of Representatives, is under indictment for thirteen felonies, including allegedly embezzling contributions from supporters, fraudulently collecting une...
B2Core Upgrades Its Android App for Enhanced Security and Better User Experience
The B2Core CRM, Back-Office and Trader’s Room platform for brokerages, renowned for its cutting-edge technology and user-friendly interface, has just released version 1.8.0 of its Android App — cement...