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Shiba Inu Burn Rate Sees Epic 874% Spike Amid Market Rebound
The Shiba Inu burn rate has seen a significant recovery over the past day as the number of tokens sent to the burn address has increased significantly. This recovery comes at a time when the cryptocurrency market has started to move towards the green again, and digital assets like Shiba…
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CBK fines 12 banks for breach of lending, investment rules
Kenya’s central bank fined 12 commercial banks last year for breaching rules on lending, capital adequacy and investment, new disclosures show. While the Central Bank did not disclose the affected institutions and the size of the fines, it said that “the Central Bank took appropriate corrective measures regarding the concerned…
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Tesla’s California registrations plunge three quarters in a row, dealer data shows By Reuters
(Reuters) – Tesla Inc. (NASDAQ:) vehicle registrations in California fell for a third straight quarter in the April-June period, pointing to growing challenges facing the electric car maker, according to a report from the California New Car Dealers Association on Thursday. High interest rates and intense competition have reduced demand…
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Bitcoin Open-Source Development Takes The Stage In Nashville
Amid the storm of price action and U.S. politics, it’s easy to forget that the Bitcoin tech scene had its own explosion earlier this year. Now that the dust has settled over the summer, next week’s open source phase at Bitcoin Nashville It is a good opportunity to review the…
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Getting To Know You – Jack Oddy, MD, Soap Media
Founded in 2005, Soap Media is a full-service digital agency dedicated to helping clients across industries achieve their online goals, serving as an extension of their in-house teams. By embracing the mission statement “Your Digital Partner”, the agency has seen significant growth, including the promotion of Jack Oddy to Managing…
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Crypto Analyst Predicts XRP To Hit $1.03 Soon, Warns Of Initial Dip
XRP price has been on an impressive run in recent days, but that rally came to an abrupt end yesterday. After rising to $0.6378, it temporarily dropped by over 11%. However, popular crypto analyst Dark Defender (@DefendDark) remains bullish in the short term, even if the decline widens further in…
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Washington Post: Biden needs to seriously consider his viabilty
It is noteworthy that the Washington Post says that former President Barack Obama told his allies that Biden needs to think seriously about his ability to survive. The article adds that Biden’s path to victory has shrunk dramatically. That feeling hasn’t been unusual lately. Biden even opened the door, saying…
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Washington Post: Biden needs to seriously consider his viabilty
It is noteworthy that the Washington Post says that former President Barack Obama told his allies that Biden needs to think seriously about his ability to survive. The article adds that Biden’s path to victory has shrunk dramatically. That feeling hasn’t been unusual lately. Biden even opened the door, saying…
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BlockFi To Start Interim Crypto Distributions Through Coinbase This Month For Its American Users
Main Takeaways BlockFi, a prominent crypto lender, filed for Chapter 11 bankruptcy in November 2022 due to its significant exposure to the collapse of FTX and Alameda Research. The company’s repayment plan, which aims to settle debts with about 10,000 creditors, has been approved by 90% of voting creditors. BlockFi…
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BlockFi To Start Interim Crypto Distributions Through Coinbase This Month For Its American Users
Main Takeaways BlockFi, a prominent crypto lender, filed for Chapter 11 bankruptcy in November 2022 due to its significant exposure to the collapse of FTX and Alameda Research. The company’s repayment plan, which aims to settle debts with about 10,000 creditors, has been approved by 90% of voting creditors. BlockFi…
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Cellebrite enables FBI to access data from Trump shooter’s phone
Israeli company Celebrate CLBT (NASDAQ: CLBT), which provides digital investigations solutions to law enforcement agencies, has provided its technology to the FBI in its investigation into Thomas Matthew Crooks, who was shot and killed while trying to assassinate presidential candidate Donald Trump at a rally in Pennsylvania last weekend, The…
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D.R. Horton’s home sales forecast, $4 billion buyback send shares to record high By Reuters
By Ananta Agarwal (Reuters) – D.R. Horton Inc cut its annual home sales forecast and beat Wall Street estimates for quarterly profit on Thursday, as historically low U.S. supply supported demand despite higher mortgage rates, sending its shares to a record high. The largest U.S. homebuilder by sales volume now…
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VeChain wallet VeWorld adds support for Apple Pay via Transak integration
VeWorld, the self-custodial wallet for the VeChainThor blockchain, now supports Apple Pay through integration with service provider Transak. VeWorld crypto wallet allows users to store and manage their Vechain (VET) as well as other VechainThor (VIP180) based tokens. Users of the self-custodial wallet have access to features such as Fee…
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VeChain wallet VeWorld adds support for Apple Pay via Transak integration
VeWorld, the self-custodial wallet for the VeChainThor blockchain, now supports Apple Pay through integration with service provider Transak. VeWorld crypto wallet allows users to store and manage their Vechain (VET) as well as other VechainThor (VIP180) based tokens. Users of the self-custodial wallet have access to features such as Fee…
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Euro lower after ECB stands pat, dollar climbs after data By Reuters
By Tom Westbrook and Amanda Cooper SINGAPORE/LONDON (Reuters) – The Japanese yen hit a six-week high before retreating against the dollar on Thursday, keeping traders on alert for signs of official buying, while the euro steadied ahead of a European Central Bank meeting. The single European currency held near four-month…
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Ripple v SEC Lawsuit Resolution Incoming? CEO Brad Garlinghouse Chips in
Long summary Ripple has gained an advantage in its legal battle with the SEC, winning several partial court victories and acquitting senior executives of charges. Speculation about an imminent resolution likely sent the price of XRP soaring, briefly making it the sixth-largest cryptocurrency. Big news on the horizon? The legal…
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Nasdaq digs out of tech rout as TSMC shines
Technology stocks were poised for a small rebound on Thursday from the Nasdaq’s worst day since 2022, as positive results from TSMC (TSM) helped ease concerns about the AI trade ahead of Netflix (NFLX) earnings. The tech-heavy Nasdaq Composite (^IXIC) rose about 0.7%, while the S&P 500 (^GSPC) gained about…