From firing 9,000 people after a buyout and earning the nickname ‘The Terminator’, this is how LVMH CEO Bernard Arnault made his money

The founder and CEO of the luxury powerhouse LVMH, Bernard Arnault, has once again lost his crown as the richest person on the planet—but the billionaire is in no need of sympathy. More from Fortune: ...

UAE Crypto License in Sight: Gemini Exchange Makes Move for Regulatory Approval

Gemini, the popular cryptocurrency exchange founded by the Winklevoss twins, announced its intention to obtain a cryptocurrency service license in the United Arab Emirates (UAE). This move marks Gemin...

Walmart is raising wages for pharmacists, opticians in healthcare push

By Siddharth Cavale BENTONVILLE, Ark. (Reuters) – Walmart is raising wages for thousands of U.S. pharmacists and opticians, the retailer said on Wednesday, part of its broader plan to expand pri...

Texas Passes New Proof of Reserves Bill for Crypto Exchanges

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up The Texas House of Representatives has passed a bill saying that all crypto exchanges and related platforms must p...

How Does Quantum Computing Impact Crypto Mining In a Distinctively More Powerful Manner – Cryptopolitan

In an era underscored by relentless technological evolution, our digital society sits at the precipice of two pioneering advancements: quantum computing and cryptocurrency mining. These emergent techn...

Sui Network Now the Official Partner of Oracle Red Bull Racing

Layer-1 blockchain protocol Sui Network has announced that it has inked a partnership with Oracle Red Bull Racing, one of the most popular Formula One racing teams. Per the terms of the announcement, ...

Is Bitcoin Headed For A Summer Swoon?

Bitcoin (BTC) has been on a rollercoaster ride for weeks. However, the largest cryptocurrency in the market seems poised to breach the $30,000 mark again if it continues its bullish momentum. Neverthe...

Billy Joel Announces The End Of His Madison Square Garden Residency

NEW YORK, NY – MAY 09: Billy Joel performs onstage celebrating his 65th birthday at Madison Square … [+] Garden on May 9, 2014 in New York City. (Photo by Kevin Mazur/WireImage) WireImage ...

11 things the United States can learn from other nations’ crypto regulations

While the U.S. has long been known as a center of innovation and new technology, the nation’s regulatory bodies don’t seem to know quite what to make of the crypto industry. The U.S. is lagging behind...

USDC Stablecoin Launches Natively on Arbitrum (ARB)

Vladislav Sopov Second largest stablecoin rolls up its native version on dominant Ethereum (ETH) scaler Contents USDC launches natively on Arbitrum, liquidity migration starts Arbitrum (ARB) strengthe...

What Is The Marshall Islands DAO Act and Is It Legit? – Cryptopolitan

The digital era, characterized by technological advancements and the digitalization of various economic sectors, has seen the birth and growth of a unique type of organization known as Decentralized A...

CleanSpark Announces Purchase Of 12,500 Antminer S19 XP Bitcoin Miners

CleanSpark Inc. has announced the purchase of 12,500 Antminer S19 XP bitcoin mining machines for a total price of $40.5 million. The machines were acquired at a lower price than the current market ave...

Bitcoin active users, fees and transactions had a wild ride in May amid memecoin mania

Markets • June 1, 2023, 1:32PM EDT Thanks to memecoins with names like pepe, piza and ordi, Bitcoin saw a bit of a bumpy ride last month. After sinking to its lowest level in nearly two years, the num...

Ethereum Struggles to Break Resistance, Showing Bearish Signs Below $1,920

Ethereum, the world’s second-largest cryptocurrency, is facing a challenging phase as it shows bearish signs and remains well below the crucial $1,920 resistance zone. With the price trading below $1,...

FATF’s Report Says Qatar Not Actively Banning Crypto Since 2019

Key Points: The FATF has encouraged Qatar Central Bank to be more aggressive in identifying and penalizing virtual asset service providers (VASPs) that violate the cryptocurrency ban. Even though 2,00...

30 Questions and Answers About Layer-2 Blockchain – Cryptopolitan

Blockchain technology, the foundation for cryptocurrencies like Bitcoin and Ethereum, has been heralded for its potential to revolutionize industries from finance to supply chain management. As its ap...

First Digital Group Launches FDUSD Stablecoin amid Hong Kong’s Regulation Move

FDUSD will not be used in Hong Kong until its stablecoin regulations are fully in place. First Digital Group announced the introduction of its USD stablecoin FDUSD. The company, which has its headquar...

Olive-oil manufacturer makes history with on-chain bond issuance on Obligate – Cryptopolitan

Lamar Olive Oil, a French company in the sustainable-agriculture industry, has achieved a significant milestone by issuing an on-chain bond using Obligate, a decentralized finance (DeFi) platform. Thi...

Bitcoin is Trading Near Three Significant Price Levels: Glassnode

Glassnode data shows Bitcoin’s price is in a critical region. Bitcoin’s price behavior around this region is a crucial factor, according to Glassnode. Elevating above the indicated support would prese...

Dot Price On the Verge of Breakout

Polkadot price is stuck in a consolidation zone ranging between $5.52 and $5.23 after experiencing rejection from $6.94. The price has been consolidating since the 10th of May. Polkadot initiated a bu...

OpenAI’s GPT-4 Shows Limited Success in ID’ing Smart Contract Vulnerabilities

As artificial intelligence gains traction, executives at blockchain security firm OpenZeppelin said a recent company experiment proves the continued need for a human auditor.    An OpenZeppelin study ...

Bill Bonner Predictions in 2023: Nightmare Winter Warning?

Bill Bonner is an author specializing in the fields of economics and financial markets. He founded the Agora Financial publishing company in 1979. He has co-authored books such as Financial Reckoning ...

Terra Classic L1JTF Upgrades Testnet to V2.1.0, Bringing LUNC Closer to Parity

The Terra Classic L1 team completes the dress rehearsal upgrade to v2.1.0, bringing LUNC closer to parity with the Cosmos and Luna 2.0 networks. The Terra Classic (LUNC) Layer-1 Joint Task Force (L1JT...

How does Canada Compare With China in the Interplay Between Cybercrime and Cryptocurrency? – Cryptopolitan

Cybercrime has emerged as a formidable challenge in the digital age, and its intricate connection with cryptocurrencies has added a layer of complexity to the global security landscape. This Cryptopol...

Dogecoin Witnesses an Astonishing 8,220% Surge in Activity, Maintains Steady Price

3 hours ago | 2 mins read News Dogecoin witnesses an 8,220% surge in activity. The rise in activity hasn’t affected the price of DOGE. DOGE transactions peaked at 2.08 million last Saturday. Dogecoin ...

Jimbos Protocol Announced $800K Bounty

Jimbos Protocol, the victim of a $7.5 million hack, has announced an $800,000 bounty program to catch the hackers. In some decentralized finance (DeFi) hack cases, there is a settlement between the ha...

Ethereum ETH Price Continues To Decline From $1.9K!

Ethereum, the second-largest cryptocurrency by market capitalization, has been on a rollercoaster ride in recent months. After reaching a high of $1.9K, the price has steadily declined. Amid the recen...

DeSantis Lashes Out At Reporter During New Hampshire Campaign Stop: ‘Are You Blind?’

Topline Florida Gov. Ron DeSantis lambasted a reporter during a campaign stop in New Hampshire Thursday, twice asking him “Are you blind?” after the reporter questioned why the presidential hopeful wa...

Binance Is Reportedly Conducting Large Scale Layoffs

Reports emerged on Wednesday that crypto exchange Binance is undertaking sizable layoffs.  On Wednesday, a report by independent journalist Colin Wu claimed Binance, the world’s largest crypto exchang...

Center For Maritime Strategy’s Navy Shipyard Housing Proposal Misfires

A berthing barge headed to a Norway shipyard Bibby Marine The Center for Maritime Strategy, billed as “America’s intellectual center for the study of the role of maritime power in international securi...

Devour and Alterverse Partner to Bring the First Web3 Food Ordering Marketplace to the Metaverse

[PRESS RELEASE – Phoenix, AZ, June 1st, 2023] Devour, a pioneering restaurant engagement technology company, is thrilled to announce its strategic partnership with AlterVerse, an innovative force in t...

Cryptocurrency Exchange Gemini Registers For License In the UAE

Cryptocurrency Exchange Gemini announced that it had started the process of filing its exchange in the United Arab Emirates. The primary reason behind applying for a license is the increasing enthusia...