Tag Archives: Story of the Day

During the Stellar Meridian conference on Monday, November 4, the Stellar Development Foundation CEO Denelle Dixon disclosed that they have burned 55 billion Lumens (XLM) tokens which is half of the overall cryptocurrency supply.Earlier there were a total of 105 billion tokens of which 20 billion were in circulation. With the recent burning, the total supply has reduced to only 50 billion XLM tokens. In its latest Medium blog post, the Stellar Foundation noted that token burning was part of...

Apple has reportedly partnered with the U.S. game developer Valve in order to develop its long-awaited and thoroughly spoken off, AR headset, which is expected to be launched next year.DigiTimes reports:“Apple went into this partnership with Valve to develop AR head-mounted display devices, which may be released in the second half of 2020 at the earliest, with Taiwan’s ODMs Quanta Computer and Pegatron said to handle the assembly job, according to industry sources.”Valve is best known as the...

Saudi Aramco, the world’s largest and state-owned oil producer of Saudi Arabia, has announced its plans of Initial Public Offering (IPO) on Sunday, November 3. This is likely to be the largest ever initial stock offering with stocks listed on Saudi’s domestic stock exchange, Tadawul.An unspecified percentage of shares will be available for trading next month as the oil giant plans to raise anywhere between $20-$40 billion. Note that this will be just 1-2% of the stake sale for the company....

Over the last few months, the rising tensions due to the escalating U.S.-China trade war has left global investors in worry. Several analysts have also raised fears of possible recession by the next year.However, some of the indicators still suggest that the U.S. stock market is all poised for a massive rally before the end of 2019. In its latest article, CCN mentions some of the strong indicators that can support the market rally ahead. Some of the powerful indicators include “positive...

After years of so much speculation, the Diablo 4 video game has been announced by Blizzard Entertainment. And yes, it happened after so much speculation on whether it would ever be created. As it was expected, this was made open at the Blizzcon 2019 where the Diablo 4 was unveiled as a sequel to the Diablo 3. It comes packed with all the fun and adventure that gamers are meant to experience.In a cinematic trailer, we see the return of Lilith the daughter of Mephisto who is the Lord of Hatred....

About a week ago, rumors regarding Google’s parent Alphabet’s decision to acquire American wearable maker Fitbit, surfaced online. Now, Google has officially confirmed that it will buy the Fitbit company in a new deal worth $2.1 billion. This move from Google can be said to be one in the direction of the tech giant’s desire to hold a larger stake in the wearables business, an area mostly dominated by a rival company Apple.An official statement from Google’s Senior Vice President for Devices...

Photo: DeribitOn Thursday, October 31, Bitcoin witnessed a major flash crash to $9000 levels on two exchanges – Coinbase Pro and Deribit. On Thursday, at 19:55 UTC, BTC spot price crashed from $9260 to $9055 in a short span of time.Just within an hour later, futures and options exchange, Deribit saw BTC futures dropping from $9150 to $7720. However, in just a few minutes BTC price bounced back to $9000. However, this rapid price fluctuation in BTC caught traders’ attention as multiple orders...

Long-awaited Apple’s TV streaming service Apple TV Plus is finally live and you can start watching it on any platform that offers the Apple TV app, including iPhone, iPad, Apple TV and support non-Apple devices, as well as on the web at tv.apple.com.Apple is launching with a library of nine titles, and a few more announcements are to come during the next few weeks. Also, the venture counts Oprah Winfrey and Steven Spielberg among its first wave of talent. Apple TV Plus launched on Friday with...

Cryptocurrency derivatives exchange BitMEX sent a mass email to its users on Friday with all of their email addresses in the “To” field. Usually, when you are sending a mass e-mail and you want to protect other users’ privacy, you put their e-mail addresses in the so-called blind carbon copy or BCC field. That’s how the other users’ e-mail addresses stay hidden from everybody else. This way, by not putting the names in the BCC field but in an amateurish manner dividing them by the comma,...

Deutsche Bank has embarked on a comprehensive restructuring plan, in a move to revive its failing business, according to reports from earlier this year, but recent events show that its program may not be going as expected. Deutsche Bank took a devastating financial blow which has totally derailed it from its intended market target.Surrounded by an ongoing restructuring plan, the German lender has released its third-quarter report for 2019 on Wednesday, which shows a net loss of 832 million...