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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…
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Bitcoin And Ethereum Technical Analysis: Buyers Are Still Responding To BTC Price Over $30K, The ETH Rejects 50 EMA Support To Hold Above $1.8K
Key Findings: BTC Technical Analysis Bitcoin Technical Analysis Bitcoin bulls had high hopes that the new yearly highs would break BTC/USD out…
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Gemini Sues DCG And Founder Barry Silbert Over Genesis’ Insolvency
The cryptocurrency exchange founded by the Winklevoss twin brothers, Gemini, has sued Genesis’ parent company DCG, and its CEO, Barry Silbert, for…
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Bitcoin Expected To Be Chosen As AI’s Native Currency, Says Arthur Hayes
BitMEX co-founder Arthur Hayes predicts that Bitcoin (BTC) will be the chosen currency for artificial intelligence (AI) operations. In his essay, Hayes…
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DeFi Hacks Soar To $265 Million in Q2, 2023
In the past year, hackers have intensified their targeting of cryptocurrency projects, particularly focusing on DeFi. According to a report by Immunefi,…