The tech giant, Intel, has just received a huge boost after the announcement of a whopping $3 billion in direct funding from the CHIPS and Science Act. This influx of cash will go towards the Secure Enclave program, which is focused on creating innovative projects for the U.S. Department of Defense.
Italy's financial police made headlines recently by busting a massive counterfeit retro-console ring that had been operating in the country. But this isn't just a local issue - the counterfeit gaming market is a global phenomenon that's estimated to be worth billions of dollars. So, how do these fak
Starbucks has announced the retirement of its North America CEO, Michael Conway, after just five months in the role. This surprise move comes as the company is working to revamp its operations in the face of dwindling demand for its pricey lattes in the US market. The decision has left many wonderin
As Kamala Harris prepares to announce her running mate, prediction market Polymarket has revealed its top four picks. But what do these candidates think about crypto? Let's dive in and explore their stance on digital assets. First off, it's essential to understand how prediction markets work. Trade
Akon, the famous singer, announced in 2020 that he would build a futuristic city in Senegal, his "hometown." Dubbed "Akon City," this ambitious project would be powered by green energy and solar power, feature condominiums, a seaside resort, and a university, and use Akoin, his cryptocurrency, as it
The stock market is known for its unpredictability, but Monday's performance was particularly dramatic. Stock futures took a nosedive, with the Nasdaq-linked contracts leading the charge. So, what's behind this sudden downturn? To start, last week's weaker-than-expected jobs data has left investors
Recession Fears Sink Crypto Market, But Is It Just a Blip on the Radar? The crypto market has taken a tumble, with Bitcoin and US cryptocurrency-related shares plummeting in value. But is this a sign of impending doom or just a normal correction in an otherwise volatile market? To answer this quest
FTX's downfall was marked by its poor balance sheet and liquidity crisis, which led to a $10 billion fraud committed against customer funds. The company's collapse sent shockwaves throughout the crypto industry, causing a ripple effect that left several other companies reeling. BlockFi, Voyager, Cel
The cryptocurrency market is notorious for its volatility, and Bitcoin is no exception. Recently, its price plummeted from $70,000 to around $50,000, leaving many investors wondering what's next for this digital darling. But, in a remarkable turn of events, Bitcoin's price has rebounded back to $60,
The alleged $650 million cryptocurrency fraud perpetrated by NovaTech Ltd. and its co-founders, Cynthia and Eddy Petion, has sent shockwaves through the financial world. The U.S. Securities and Exchange Commission (SEC) has charged the company and its six promoters with fraud, accusing them of orche
