The new shopping feature introduced by TikTok is limited to UK users for now. TikTok, the popular video-sharing social media platform, is taking a big step into the world of e-commerce with its latest shopping venture. The company has recently introduced a new in-app feature called “Trendy Beat”, which serves as a gateway to a world of trending and popular items. TikTok Unlocking a New E-Commerce Experience The new shopping feature allows users to explore and purchase a wide selection of...
Read More »Business Activity Growth Slows in Europe as Economy Suffers from High Interest Rates
There is a recorded plunge in business activity as Europe reels from rising inflation and a consistent increase in interest rates. Business activity in Europe is waning as the region suffers slow economic growth. Recent data shows that the euro zone’s flash composite Purchasing Managers’ Index (PMI) fell from 52.8 in May, to 50.3 in June. Although analysts had predicted 52.5, any score above 50 represents growth, while scores less than 50 points to shrinkage. In a conversation with...
Read More »JPMorgan Introduces Euro-Dominated Transaction Settlement for Corporate Clients
Now, wholesale payment clients including renowned multinationals can choose to transfer either dollar or euro to/from their JPMorgan accounts anywhere in the world. American multinational investment bank JPMorgan Chase & Co (NYSE: JPM) has introduced euro-dominated payments for its corporate clients as unveiled by Basak Toprak, JPMorgan’s head of Coin Systems for Europe, the Middle East and Africa. This was delivered as part of the investment giant’s plan to expand one of the most...
Read More »Report: How Blockchain Could Pave the Way for Real Estate
Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up There are many people out there that simply associate blockchain with crypto and digital currencies, but it works quite well when performing transactions and other activities pertaining to real estate. Real Estate Is the Way to Go In America, real estate has always been king. It’s often said that if you can buy...
Read More »SAP Clients Testing Cross-Border Payments with Circle’s USDC
Customers will receive a designated amount of USDC along with an invoice, enabling them to experience the benefits of fast, affordable, and reliable cross-border payments. In a significant move towards revolutionizing cross-border payments, German software giant SAP SE (ETR: SAP) has made an exciting announcement in this sphere. In a blog post, the company revealed its collaboration with Circle, a leading digital currency firm, to test the use of its stablecoin, USD Coin (USDC) as a means...
Read More »K5 Global Sued to Court by FTX, May Pay $700 Million
The suit was filed at the United States Bankruptcy Court for the District of Delaware. Bankrupt FTX exchange has filed a lawsuit against K5 Global – an investment firm owned by a former aide to Hillary Clinton. According to a Reuters report, the suit was filed at the United States Bankruptcy Court for the District of Delaware. It contains 16 counts against the defendants and seeks to recover about $700 million from them. According to the filing, the defendants include K5 Global, Mount...
Read More »More than 100,000 ChatGPT Credentials Are Leaked on Dark Web
Group IB’s analysis showed that most of the stolen ChatGPT login credentials were done by the notorious information-stealing malware Raccoon info stealer. OpenAI’s chatbot ChatGPT has been hit by one of the most common forms of cyber attacks, causing the leakage of more than 100,000 login credentials. Singapore-based cybersecurity firm Group-IB revealed in a report that the login credentials were gradually released over the past year. Global-IB’s Report Reveals Compromised ChatGPT Login...
Read More »Binance.US Solves USD Withdrawal Problems but Warns that Solution Is Only Temporary
Binance.US withdrawals are now fully operational on the exchange, even as it warns users to convert all USD to USDT. Binance.US has announced that users can now resume USD withdrawal, as it has solved the problem. The US arm of the world’s largest crypto agency also said that by working with banking partners, it has almost completely resolved all previously delayed withdrawal requests for USD. However, the exchange warns that this resolution may not be permanent. In an official...
Read More »Bitcoin Cash Analysis: Rally Seems Unstoppable above $130
Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up Bitcoin cash started a strong increase above the $115 and $120 levels against the US Dollar. The price is now trading above the $125 zone and the 55 simple moving average (4 hours). There is a key rising channel forming with support near $133.00 on the 4-hour chart of the BCH/USD pair (data feed from...
Read More »Zachari Saltmer Decodes Startup Success and Failure: Insights for Avoiding Business Failure
“For those operating in the blockchain space, it’s crucial to focus on growth and adoption, both at the retail and institutional levels,” noted Zatoshi. Let us introduce Zachari Saltmer, the influential co-founder of One Big Fund, affectionately known in his circles as Zatoshi. As a seasoned trader and venture capitalist, his insights have had a profound impact in the arena of crypto markets, particularly with innovations such as BRC-20 and ERC-6551. As we set foot into the next cycle of...
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