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Citi Reports 36% Drop In Q2 Net Income Amid Challenging Macroeconomic Environment
Citigroup released its financial results for the second quarter of the year on Friday, disclosing a decline in profit and revenue during the period.…
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‘The Flash’ NFT For Sale On July 18
Warner Bros. is revolutionizing the release of “The Flash” by offering it as an NFT. The sale will start on July 18,…
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Ripple-SEC Ruling ‘A Win’ For Crypto Industry But Regulatory War Not Over, JP Morgan Says
JP Morgan viewed the court ruling for Ripple as a significant victory. However, according to the investment banking giant, the regulations by…
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Hollywood Actors Strikes Over AI Concerns
Screen Actors Guild – American Federation of Television and Radio Artists (SAG-AFTRA) and the Alliance of Motion Picture and Television Producers (AMPTP)…
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Midyear 2023 Update Highlights Significant Drop In Crypto Crime
Despite a chaotic 2022, cryptocurrency has made a remarkable recovery in 2023. Digital assets show a significant price increase and cryptocurrency-related scams…
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Inflation Cooled More Than Expected In June. Does This Indicate That The Federal Reserve Is Near The End Of Its Rapid Interest Rate Hikes?
The U.S. Bureau of Labor Statistics released its June inflation report this Wednesday, and the report showed that the Consumer Price Index…
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7-Eleven Launches Slurpee NFT On Its 96th Birthday
On its 96th birthday, convenience store chain 7-Eleven launched its first Slurpee NFT. This limited edition digital collectible celebrates the iconic Slurpee…
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Alibaba Introduces Tongyi Wanxiang: An AI Text To Image Generator To Facilitate Creativity And Productivity In Business
Chinese tech giant Alibaba Group Holding Ltd. recently unveiled their latest generative AI model, Tongyi Wanxiang, meaning “tens of thousands of images.” The…
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South Korea Allows New Local Entrants Access To Banking Industry After 30 Years
South Korea has allowed new banks to enter the industry for the first time in 30 years. Financial firms can now apply…
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Bitcoin Mining Firm Marathon Digital Reports Low Output amid Industry Slowdown
The cryptocurrency mining company, Marathon Digital Holdings, released its production and mining operation for June on Friday. The company announced a reduction…