In April 2021, Washington State approved a bill to ban the sales of new gasoline-powered vehicles by 2030, making it the third state after California and Massachusetts to ban ICE vehicles. The state said the ban will drastically reduce the demand for […]
Earlier this week, we wrote about Tesla CEO Elon Musk after he said he had a “super bad feeling” about the economy and wants to cut about 10% of jobs at his company. Musk’s instinct was right. He foresaw what […]
As blockchain technology moves into the mainstream and serves as the underpinning technology for cryptocurrencies, one company that continues to push the boundary is Syscoin. They’ve been innovating their blockchain architecture to offer the most capable platform with Bitcoin’s security, Ethereum’s flexibility, […]
In early May, TerraUSD (UST) stablecoin collapsed and lost 99% of its value, wiping out the life savings of crypto investors as traders offload the cryptocurrency. Terra was ranked among the top 10 most valuable cryptocurrencies before the collapse. The sudden […]
The United States is currently at near-record-low unemployment and a strong labor market. While millions of Americans quit their job due to the Great Resignation, we’re surprised to learn that bob scams are still on the rise. The business and […]
It was just a few days ago that Singapore-based Decentralized Finance (DeFi) platform Cake DeFi celebrated its 3rd Anniversary with over $317 million in payout to its customers. Despite the recent downturn in the crypto market, the fintech startup also posted a record […]
While tech companies are still reeling from a wave of layoffs and hiring freeze, music streaming giant Spotify said on Wednesday that it expects to reach $100 billion in annual revenue, nearly 10-fold from its 2021 revenue of $11.4 billion. Since its inception about […]
In December of 2020, we wrote about Baidu after the China search giant announced it was looking into developing its own electric vehicles (EVs). At the time, Baidu was reportedly in talks with Chinese carmakers about making its own EVs. Then in […]
Once written off as a fad by many including us, the NFT market has now surpassed $20 billion. In 2021 alone, NFT collectors and traders spent $22 billion on NFTs, up from $100 million in 2020, according to the Guardian. But the […]
Trading giant Citadel Securities is building a “cryptocurrency trading ecosystem” in collaboration with high-frequency trading and market-making firm Virtu Financial. The new crypto trading marketplace will enable retail brokerages to offer crypto-executions to their customers, CoinDesk reported, citing a source with direct knowledge of […]
Once considered a fad, decentralized finance (DeFi) continues to grow at an astronomical rate as more and more users and investors embrace the innovation DeFi brings to bear and the benefits of retaining custody of their financial assets without the involvement of centralized […]
Less than two weeks after the collapse of Terra UST, payments giant Checkout.com announced today it will start accepting stablecoins as part of its major crypto push to take on rival payment companies PayPal and Stripe. The Amsterdam-based unicorn fintech startup said Tuesday it is […]
Polkadot is a protocol designed to allow incompatible blockchains like Ethereum and Bitcoin to securely talk to each other. Its game-changing technology has made Polkadot the darling of the blockchain community. Polkadot now boasts a large and diverse developer and coder […]
Decentralized finance (DeFi) continues to grow at an astronomical rate as millions of users and investors bypass the centralized traditional banks to trade directly with one another. In just four years since its inception, DeFI has grown to an $80 […]
The distances between planets inside the star systems and between star systems themselves are so immense that make the collisions of galaxies to be extremely rare. Before we dive right in, it’s good to get a refresher on our middle school […]
Back in May, Tesl CEO Elon Musk said his $44 billion deal to buy Twitter will not move forward unless the social media giant shows public proof that less than 5% of the accounts on the social media platform are fake or […]
2021 was a great year for cryptocurrency investors around the world as the frenzy for bitcoin and other crypto-assets reached new highs. However, crypto investors are not the only winners. Crypto scammers also had a blockbuster year with a windfall […]
The popularity of the Metaverse has taken the internet by storm since Facebook changed its name to Meta in October 2021. The talk about the metaverse is slowly making its way into everyday conversations in the boardrooms, on the web, […]
Since the start of Internet public use in April 1993, the number of worldwide internet users has grown to 5 billion people as of April 2022, representing 63 percent of the world’s total population. Similarly, the number of Internet-connected devices grew […]
Late last month, the United Senate overwhelmingly approved a $40 billion emergency military and humanitarian aid package for Ukraine as part of the effort to support the country in its ongoing war with Russia. The war, which is in its […]
