Nvidia Says Crypto Adds No Value to Society Despite Earning From Mining
Nvidia, a computer hardware manufacturer, has generated substantial revenue from the crypto mining sector in recent years. However, the company's (CTO) Chief Technology Officer, Michael...
Daily Crypto Market Update – Lawsuit Against Binance Helps Bears Take Control of the Market
The Crypto market saw $40.1 billion in outflows over the past 24 hours. The total market cap currently sits at $1.18 trillion, down from $1.58...
United Kingdom’s Treasury and Royal Mint Cancel NFT Launch
The HM Treasury of the United Kingdom has officially scrapped its plans of launching government-backed NFTs following consultation with the Royal Mint. The unexpected move,...
Justin Sun’s Fraud Charges Causes Licensing Challenges for Huobi in Hong Kong
The US fraud allegations against Justin Sun have created challenges for Huobi, as it seeks to obtain a license in Hong Kong. Despite not being...
BTC, ETH Drop as CFTC Charges Binance and Its CEO
On Monday, the Commodity Futures Trading Commission (CFTC) sued the world's leading crypto exchange Binance and its boss Changpeng Zhao. In a lawsuit filed with...
Crypto Attorney Predicts SEC vs. Ripple Verdict Imminent
On Twitter, legal expert John Deaton has commented on the ongoing lawsuit between Ripple and the SEC, opining that XRP, the digital currency at the...
Chinese Banks Extend Vital Support to Hong Kong Crypto Firms, Confirms CZ
In an unexpected twist, Chinese state-owned banks have emerged as a critical ally for cryptocurrency firms seeking to return to Hong Kong, with Binance CEO...
G7 States to Implement Global Cryptocurrency Regulation Following Banking Crisis
As the world navigates the aftermath of the recent banking crisis, the G7 countries have reportedly set their sights on implementing a universal framework for...
Market Analysts Upgrade Lululemon Athletica As Buy
The U.S. banking sector crisis, PCE inflation report, and Feds restructuring strategy about the interest rate are the key economic outcomes driving the stock market...
What’s a Decentralized Autonomous Organization (DAO)?
Decentralized autonomous organizations, popularly known as DAOs, are transforming how companies operate. These organizations are replacing the traditional bureaucracy with flat management structures controlled by...