The Biden Administration is proposing raising the average fuel efficiency of new cars and light trucks to 58 MPG by 2032. getty The U.S. Transportation Department on Friday unveiled a proposal that wo...
News
FTX, Genesis Strike Deal to Settle Multi-Billion Dollar Bankruptcy Dispute
Bankrupt crypto exchange FTX and crypto lender Genesis reach an agreement in principle to resolve multi-billion dollar claims. The “settlement” aims to resolve various claims, however, specific detail...
The Sandbox and the British Museum bring art and history to the metaverse
The Sandbox metaverse development platform announced on July 27 that it would be partnering with the British Museum to bring it into the metaverse. The blog revealed that the partnership aims to crea...
Room for one more rate hike before core inflation turns definitively downwards – SocGen
The ECB delivered a 25 bps rate hike as expected. Economists at Société Générale expect one more 25 bps hike from the ECB in September. ECB moves to full data dependency The ECB hiked rates by anothe...
FTX and Genesis reach settlement in bankruptcy case
FTX and Genesis representatives informed the US court that they are ready to settle the bankruptcy case. In a filing to Judge Lane of the United States Bankruptcy Court, FTX and Genesis lawyers state ...
XRP Ledger L2 Smart Contract Hints at Timeline for Critical Milestone for Launch
XRP Ledger Layer 2 platform Evernode has shared an update as it advances in its journey toward launch. Evernode brings “Layer 2” smart contracts via Hooks to the XRP Ledger ecosystem. In a...
Yellow is ceasing ‘regular operations’ on Friday
Yellow laid off an unknown number of office employees on Friday. (Photo: Jim Allen/FreightWaves) Yellow, the third-largest less-than-truckload company that’s in the midst of financial chaos, said in a...
Sandbox, British Museum shepherding history into ‘new online era’ with metaverse exhibits
The British Museum is looking to bring some of its historical collections into The Sandbox metaverse. The British Museum has the distinction of being the first national public museum in the world, op...
CryptoPunks witnesses 60% decline in 7 days, but all’s not lost
CryptoPunks’ sales and volume metrics have recorded over 60% decline in the past seven days. CryptoPunks still maintained the largest NFT market cap with almost $2 billion. CryptoPunks witnessed some ...
Will Parker-Hannifin Corporation (NYSE: PH) Sustain Above $400?
Parker- Hannifin Corporation (PH stock) price rallied after breaking out of the neckline of $365, which acted as a strong resistance mark in the past sessions. Afterward, the price surged inside the c...
Indian Supreme Court Slams Lack of Crypto Legislation by Government
The court’s remark was made over an increase in reported cryptocurrency-related crimes. There has been a protracted struggle for definite crypto rules by the Indian government. According to a local me...
Japanese Web3 developer HashPort Group raises $8.5M in funding round
Japanese blockchain developer HashPort has raised 1.2 billion Japanese yen ($8.5 million) in a Series C funding round led by Sumitomo Mitsui Banking Corporation, The University of Tokyo Edge Capital P...
DeSantis Signals He’d Pardon Trump—With Apparent Dig At His Age
Topline Florida Gov. Ron DeSantis indicated he would pardon Trump if he’s elected president in an interview less than a day after Trump was indicted for a fresh set of charges, but also seemed to use ...
SEC commissioner Hester Peirce calls watchdog’s public accounting warning into question
The United States Securities and Exchange Commission’s (SEC) Commissioner Hester Peirce questioned why the regulator wants to discourage good-faith efforts to provide more transparency for the cryptoc...
Stablecoin Bill Finally Passes Congressional Committee Approval: Details
Godfrey Benjamin Long-awaited stablecoin bill has passed first major stress test in House After hours of wrangling and negotiations, members of the Financial Committee of the United States Congress ha...
Gold capitalizes on soft consumer expenditure and labor cost growth
Gold price falls back as Greenback swallows steroids amid US economic resilience. US Q2 GDP, demand for Durable Goods in June remained robust due to higher consumer spending. US recession fears fade s...
Maker’s Latest Rise Amid Rate Hikes Draws Attention to Protocol’s $1.73B T-Bill Stash
Despite dropping off some this morning, MakerDAO’s native governance token has enjoyed hefty growth this week even amid the latest rate hikes from the Fed. Maker enables the minting of U.S. dollar-peg...
Crypto mining hardware retailer Phoenix Technology mulls IPO in UAE: Report
Crypto mining hardware provider Phoenix Technology is reportedly starting discussions to conduct an initial public offering (IPO) in the United Arab Emirates, according to a report by Bloomberg. The ...
Cybersecurity Stocks To Buy And Watch
You may think the time is right to move into cybersecurity stocks as private equity firms target the sector with acquisitions. Buzz surrounding generative artificial intelligence also has impacted cyb...
US Researchers Demonstrate a Severe ChatGPT Jailbreak
Researchers from Carnegie Mellon University and the Center for AI Safety in San Francisco have published a research paper indicating how ChatGPT’s misuse is not completely preventable. There have been...
Shiba Inu (SHIB) Aims at $0.000008 Breakthrough, Here’s Why
Arman Shirinyan Shiba Inu needs a hand in order to break current resistance level Shiba Inu (SHIB) is gaining a foothold on the cryptocurrency market, as it aims to break through the $0.000008 price l...
Can TSLA Stock Fall Below $200 Mark?
Tesla has been increasing its earnings by an average of 75.6% per year, while the auto industry’s earnings grew by 17.2% per year. Its revenues have been rising by an average of 35.3% annually. This d...
Golden Cask Club: best Investment Opportunity
SPONSORED POST* As the new bull cycle grows in strength, non-fungible tokens (NFTs) are bridging the digital and legacy industries. Golden Cask Club (GCC) is pioneering this revolution with its impres...
How Azuki’s attempt at recouping plunged prices instead
The aftermath of the Elementals’ launch proved ineffective for Azuki. The Azuki community accused the creators of inadequacy, triggering a fall in prices. The floor price of NFTs under the Azuki colle...
The Best New Movies Added To Netflix In 2023: July Edition
SYDNEY, AUSTRALIA – JUNE 11: Chris Hemsworth arrives at the red carpet screening of “Spiderhead” at … [+] The Entertainment Quarter on June 11, 2022 in Sydney, Australia. (Phot...
Bitcoin Struggles Below Key Resistance Levels, Technical Indicators Signal Caution
Bitcoin’s attempts to surpass critical resistance levels have faced significant challenges, with the cryptocurrency failing to break above $29,600. The price is currently trading below the 100 hourly ...
Twitter Community Notes hits 44 countries as Elon Musk seeks ‘truth’ for X
Tech entrepreneur Elon Musk’s Twitter (rebranded to X) added contributors from 18 new countries to ensure the accuracy of the information being shared on the platform. As a result, Community Notes — t...
Higher long-term yields in Japan should be JPY-supportive – Scotiabank
The Yen is choppy but holds gains after BoJ allows the 10Y yield to rise as high as 1%. Economists at Scotiabank analyze JPY outlook. BoJ makes changes to its YCC policy The BoJ maintained its target ...
ZK Stack: Exploring Potentials And Limitations That Need To Be Overcome
Key Points: ZK Stack, a powerful Hyperchain building toolkit, is based on the open-source code of zkSync Era, utilizing cryptographic zero-knowledge proofs for indisputable transaction verification. A...
Grayscale Submits Crucial Letter to SEC Regarding Bitcoin ETFs
Alex Dovbnya Grayscale Investments, company behind widely held Grayscale Bitcoin Trust (GBTC), has fired salvo at U.S. Securities and Exchange Commission (SEC) concerning eagerly anticipated approval ...
Roku stock soars on Q2 earnings beat but ad headwinds loom, challenged by strikes
Roku (ROKU) stock soared roughly 25% on Friday after the company reported second quarter earnings that beat Wall Street expectations — although challenges remain through the back of the year, particul...
Crypto.com Receives Green Light from Dutch Central Bank to Offer Crypto Services
Crypto.com’s entrance to the Dutch market comes a few weeks after Binance exited the country due to regulatory hurdles. Leading digital asset service provider Crypto.com has successfully registered ...