The U.S. Securities and Exchange Commission (SEC) has mysteriously removed former commissioner William Hinman’s biography from its website. This occurs only 8 days before the court requires the SEC to provide unredacted copies of all of Hinman’s emails – widely viewed as paramount to the agency’s lawsuit with crypto industry giant Ripple. Are Hinman’s Emails the Smoking Gun? On the SEC’s site, Hinman’s biography now only includes his name, photo, and his previous role as the...
Read More »Saudi Arabia and South Korea Join Hands to Establish More Blockchain Gaming
Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up South Korea and Saudi Arabia are teaming up in the name of blockchain. The southern region of the latter country has joined hands with Wemade – a video game developer in Korea – to help boost both blockchain and gaming in Saudi Arabia. Saudi Arabia Wants to Lead Blockchain Gaming Initiatives In a recent...
Read More »Bitcoin Plummets After SEC Sues Binance for Securities Violations
The U.S. Securities and Exchange Commission (SEC) has filed a lawsuit against Binance – the world’s largest crypto exchange – on Monday, alongside its CEO Changpeng Zhao (CZ) and partner firm, Binance US. Allegations include securities law violations such as self-dealing market manipulation, and the sale/offer of multiple unregistered securities. According to a press release from the SEC on Monday, the agency alleged that both Binance and Binance US operated “unregistered...
Read More »PEPE Whales Selling at Huge Losses as Meme Coins Continue Bleeding
PEPE coin whales have seen better days as the cryptocurrency loses another 9% in the past 24 hours. Some of the larger investors are calling it quits and are selling at a considerable loss. Data from the popular on-chain analytics resource Lookonchain revealed that at least two whales are realizing considerable losses. One of them is an address ending at 0x4614, which sold a total of 375.8 billion PEPE at a loss of $142,000 (worth some 76 ETH) today. Another whale sold around...
Read More »Spotify Cuts Headcount by 2%, Offers Severance Package to 200 Staffs
In addition to the series of layoffs, Spotify was forced to cancel 11 original podcasts from its in-house studios including ‘How to Save a Planet’, ‘Crime Show’, and ‘Medical Murders’. Music streaming platform Spotify Technology SA (NYSE: SPOT) has announced plans to cut its workforce by 2% leaving up to 200 employees without jobs. According to the announcement, Spotify is carrying out this exercise as part of an effort to diversify how the company handles partnerships with podcasters...
Read More »Apple Stock to Hit All-Time High Following Upcoming Launch of AR/VR Headset at Developers Conference
Observers are watching Apple stock, expecting that it would spike as Apple announces a new headset for augmented or virtual reality. Apple Inc (NASDAQ: AAPL) stock is on track to open at a possible all-time high as the tech giant prepares to launch its first-ever augmented reality (AR) and virtual reality (VR) headset. The launch is considered by many as one of Apple’s most significant product launches in the company’s nearly 50-year history. AAPL has climbed over 1% to more than $182...
Read More »Companies Are Using Blockchain to Try and Make the World Safer
Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up Blockchain was always designed to make the world a better, stronger place, and there are many entrepreneurs and companies out there working towards that goal. How Blockchain Is Keeping the Planet Well One of those people is Holke Brammer, who has a PhD in political economy from Stanford. In a recent interview,...
Read More »Elon Musk’s Neuralink Skyrockets from $2 Billion to $5 Billion in Record Time
Neuralink, the brain-computer interface company founded by Elon Musk, reached a valuation of $5 billion after gaining approval for human trials, increasing by over 150% in less than two years. Neuralink, the American neurotechnology company dedicated to the development of brain-computer interfaces, founded by Elon Musk, reached a valuation of $5 billion in private share transactions, according to several sources interviewed by Reuters. The startup of billionaire Elon Musk achieved this...
Read More »JPMorgan: Bitcoin Retail Demand Will Continue to Remain Strong before Halving
JPMorgan analysts believe that retail investors resolve to accumulate Bitcoins will only go stronger as we approach close to the next halving in mid-2024. After a strong start to the year 2023, Bitcoin (BTC) has been facing some selling pressure over the last few weeks. Over the last 24 hours, the BTC price has tanked by 2% slipping under $27,000. However, banking giant JPMorgan is confident that Bitcoin will continue to see retail demand until the next halving event of mid-2024. In a...
Read More »How to Prepare for the Next Bitcoin Bull Market: 10 Tips You Must Know
Bitcoin bull markets are typically categorized by tremendous price swings, and even though the direction is up, corrections also take place. During the last Bitcoin bull market that took place in 2021, the BTC price reached an all-time high just shy of $70K. It started the year trading at around $20K, exploded above $60K on a couple of different occasions, retraced by almost 50% toward the middle of the year, and shot up once again to almost touch $70K in November. Source:...
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