SSENSE Lenders Push for Quick Sale Amid Struggling Finances SSENSE, the renowned e-tailer that seamlessly blends commerce and culture, has found itself in a precarious position as its lenders are now seeking a rapid sale of the struggling fashion retailer. The company, which garnered private investments in 2021 amounting to a valuation of over 5 […]
AI-powered heist drains $1m from crypto wallets via Firefox add-ons
The Rise of AI-Powered Defenses Against Crypto Heists In the ever-evolving landscape of cybersecurity, the threat of digital heists looms larger than ever. Recently, a sophisticated AI-powered heist managed to drain a staggering $1 million from crypto wallets through malicious Firefox add-ons. This alarming incident serves as a stark reminder of the constant vigilance required […]
Crypto hacks hit $3.1 billion by mid-2025
Crypto Hacks Surge to $3.1 Billion by Mid-2025: Addressing Security Gaps in the Wake of Bybit Hack The world of cryptocurrency has been marred by a significant increase in hacking incidents, with losses totaling a staggering $3.1 billion by mid-2025. This alarming figure underscores the pressing need for robust security measures within the crypto space, […]
Lummis unveils crypto tax reform bill
Lummis Unveils Crypto Tax Reform Bill: Ending Double Taxation and Promoting Small Transactions Senator Cynthia Lummis has recently introduced a groundbreaking crypto tax reform bill aimed at revolutionizing the taxation landscape for cryptocurrency transactions. The proposed legislation is designed to address key challenges faced by crypto miners and users, with a focus on eliminating double […]
Crypto adoption rises in Latin America as financial pressure grows
Crypto Adoption Surges in Latin America Amid Economic Instability In recent years, Latin America has been experiencing significant economic instability, leading to a surge in the adoption of cryptocurrencies across the region. Countries like Venezuela, Argentina, Brazil, and Colombia have been grappling with hyperinflation, currency devaluation, and political uncertainty, prompting individuals and businesses to turn […]
Emerging markets lead daily crypto wallet use
Emerging Markets Lead Daily Crypto Wallet Use In the ever-evolving landscape of cryptocurrency, the use of digital wallets has become increasingly prevalent, with different regions around the world showcasing varying trends in their usage. Recent data has shown that Europe’s crypto wallet users predominantly engage in trading activities, utilizing their wallets to buy, sell, and […]
Trump team explores new ways to buy Bitcoin
Trump Team Explores New Ways to Buy Bitcoin In a surprising move that has sparked intrigue and speculation in financial circles, the Trump administration has revealed its intention to delve into the realm of cryptocurrency by exploring new ways to purchase Bitcoin. This decision marks a significant shift in the traditional investment strategies of governments, […]
UK regulator approves BlackRock’s crypto registration
UK Regulator Approves BlackRock’s Crypto Registration In a significant development for the cryptocurrency industry, the UK Financial Conduct Authority (FCA) has granted registration to BlackRock, one of the world’s largest asset managers. This approval places BlackRock in an elite category, as only 14% of crypto-related applications have received the green light from the FCA. BlackRock’s […]
CoreWeave scales back IPO with lower share price
CoreWeave Adjusts IPO Strategy: Lower Share Price Reflects Market Realities In a surprising turn of events, CoreWeave, despite having the support of tech giant Nvidia, has decided to scale back its initial public offering (IPO) by a significant 23.5%. This decision comes as a response to investor concerns regarding the company’s substantial debt and heavy […]
Meme coins surge as PEPE leads the rally
Meme Coins Surge as PEPE Leads the Rally The world of cryptocurrency is no stranger to volatility and excitement, and the recent surge of meme coins is a testament to that. Among these digital tokens, one name stands out – PEPE. In just a week, PEPE has managed to gain nearly 15%, leaving many investors […]