The much-anticipated Bitcoin halving event, which cuts the number of new bitcoins miners receive in half, has come and gone, leaving some enthusiasts disappointed by the lack of an immediate price surge. Analysts, however, remain divided on the long-term impact, with some predicting a significant rise and others taking a more cautious approach. The halving, which took place on April 20th, 2024, is a programmed scarcity mechanism […]
An explosion ripped through a base belonging to the Popular Mobilization Forces (PMF), an Iran-backed paramilitary group, in southern Iraq on Saturday, leaving one dead and eight injured. The cause of the blast at the Kalsu military base, located roughly 50 kilometers south of Baghdad, remains shrouded in mystery. Iraqi officials vehemently denied any drone or jet activity in the vicinity of the base at the time […]
Buckling up for a new era of transportation, Boeing is setting its sights on Asian skies. The aviation giant reportedly plans to launch its flying car business in the region by 2030, aiming to alleviate traffic woes in megacities with electric vertical take-off and landing (eVTOL) vehicles. This ambitious venture leverages the expertise of Wisk Aero, a Boeing subsidiary dedicated to developing autonomous eVTOL aircraft. Wisk’s creations […]
Tech giant Google terminated the employment of 28 staff members following a protest that disrupted operations at their offices in Sunnyvale, California and New York City. The demonstration, which involved a prolonged sit-in, stemmed from employee discontent with Project Nimbus, a contentious $1.2 billion cloud computing contract with the Israeli government. Project Nimbus, inked in 2021, involves Google and Amazon jointly providing the Israeli government, including its […]
The Saudi Arabian petrochemical industry, a linchpin of the kingdom’s economic diversification plans, is confronting a confluence of headwinds in 2024. A sluggish global economy, coupled with a projected growth rate of less than 2%, is dampening demand for petrochemical products. This bleak outlook comes at a time when Saudi Arabia has aggressively expanded its production capacity, aiming to become a major force in the global market. […]
HONG KONG SAR – Media OutReach Newswire – 19 April 2024 – VT Markets, a globally recognized broker for Contracts for Difference (CFDs), has released a comprehensive study on the upcoming Bitcoin halving scheduled for April 20th. The halving event, which will see Bitcoin block rewards decrease from 6.25 BTC to 3.125 BTC once the network reaches a block height of 840,000, is expected to have significant […]
The Bitcoin network is hurtling towards a pivotal moment – the fourth ever Bitcoin halving. This pre-programmed event, expected to occur within the next 48 hours, will see the block reward for miners slashed in half, from 6.25 bitcoins to 3.125 bitcoins. With only 262 blocks left to be mined before the halving, anticipation is gripping the cryptocurrency community. The halving is a cornerstone of Bitcoin’s economic […]
Ernst & Young (EY), a leading global accounting firm, has unveiled a novel approach to contract management, leveraging blockchain technology. Their solution, EY OpsChain Contract Manager, takes flight on the Polygon network, a high-speed blockchain platform, with a planned migration to the Ethereum blockchain in the future. Ultimately, EY envisions the system operating on layer-3 blockchains, a cutting-edge development offering enhanced scalability and privacy. EY OpsChain Contract […]
In a move aimed at bolstering the reliability of its emergency reserves, cryptocurrency exchange giant Binance announced today the conversion of its entire Secure Asset Fund for Users (SAFU) into USDC. Previously, the SAFU fund held a combination of cryptocurrencies, including Binance Coin (BNB), Bitcoin (BTC), Tether (USDT), and TrueUSD (TUSD). Established in 2018, the SAFU fund serves as a financial backstop for Binance users in the […]
Beleaguered crypto companies Gemini and Genesis have received a crucial court nod, paving the way for the return of most digital assets owed to Gemini’s Earn program users. Under a settlement agreement approved by the Bankruptcy Court, Gemini will distribute a staggering 97% of the digital assets frozen since November 16, 2022. This positive development comes as a welcome relief for users who have been waiting months […]
Pavel Durov, the enigmatic founder of the encrypted messaging app Telegram, offered a rare glimpse into his motivations and the challenges facing his platform in a recent interview. Durov, known for his unconventional approach to business and personal life, shed light on his decision to base Telegram in Dubai. He specifically cited the emirate’s neutrality and its government’s hands-off approach to internet regulation as key factors. This […]
The future of Ripple (XRP), a cryptocurrency designed for facilitating international payments, remains shrouded in a veil of uncertainty. While its potential for growth is undeniable, significant roadblocks lie ahead, primarily stemming from an ongoing legal battle with the U.S. Securities and Exchange Commission (SEC). Proponents of XRP highlight its unique value proposition within the global financial system. XRP acts as a bridge currency, enabling seamless and […]
Dutch chipmaker Nexperia became the latest victim of a cyberattack after the Dark Angels ransomware gang leaked a sample of allegedly stolen data on their leak site, Dunghill Leak. The attack, which occurred in March 2024, forced Nexperia to shut down critical IT systems and launch a comprehensive investigation. Nexperia, a subsidiary of the Chinese tech giant Wingtech Technology, is a major player in the semiconductor industry. […]
The Filecoin Foundation, a non-profit organization promoting the Web3 storage protocol Filecoin, is taking legal action in China. This follows the reported detention of team members associated with STFIL, a liquid staking protocol built on Filecoin. The move comes amidst concerns about unauthorized transactions that halted withdrawals from the STFIL platform. News of the legal inquiry surfaced on social media through a post by Danny O’Brien, a […]
Teenage Engineering, the Swedish company renowned for its innovative and often playful electronic instruments, has unveiled the EP-133 K.O. II. This latest offering is a refreshingly simple and analog synthesizer, a stark contrast to the increasingly complex and digital world of music production. The EP-133 K.O. II boasts a stripped-down design, featuring just a handful of knobs and a single-octave keyboard. This minimalist approach forces musicians to […]
Ad blockers, long championed for their ability to declutter web browsing experiences, are emerging as an unexpected weapon in the fight against government spyware. Recent reports have shed light on a troubling trend: spyware developers are exploiting the vast reach of online advertising to deliver their malicious software to unsuspecting targets. This development underscores the vulnerability of internet users in the face of sophisticated surveillance tools. Spyware, […]
In a move that merges sportswear with the burgeoning world of digital assets, athletic giant Adidas has announced a collaboration with move-to-earn fitness app Stepn. The partnership kicks off with a limited-edition collection of 1,000 co-branded non-fungible tokens (NFTs) dubbed the “Stepn x Adidas Genesis Sneaker NFTs.” Launching on April 17th on Stepn’s NFT marketplace Mooar, these digital tokens mark the beginning of a multifaceted alliance between […]
The price of gold surged on Monday, fueled by rising tensions in the Middle East. Investors, ever wary of geopolitical uncertainty, flocked to the traditional safe-haven asset, pushing prices to their highest point in months. The recent flare-up in violence between Iran and Israel has stoked fears of a wider regional conflict. Last weekend, Iran launched a series of attacks on Israeli targets in retaliation for a […]
Software developers rely on GitHub, the world’s largest code-sharing platform, to find resources and collaborate on projects. However, malicious actors have found a way to exploit GitHub’s search functionality to distribute malware. Security researchers have discovered that attackers are manipulating search results by strategically naming repositories with keywords developers are likely to use. These repositories then contain malicious code disguised as legitimate software. When a developer searches […]
China’s electric vehicle (EV) industry is no stranger to innovation, and now it’s setting its sights on the skies. The emergence of electric vertical takeoff and landing (eVTOL) vehicles, often dubbed “flying cars,” is not just science fiction anymore. Companies like XPeng AeroHT, a subsidiary of the prominent EV maker Xpeng Motors, are leading the charge in developing these futuristic modes of transportation. XPeng’s recently unveiled eVTOL […]
Blackmagic Design, a leader in video editing technology, has announced the release of DaVinci Resolve 19, the latest iteration of its popular editing software suite. Alongside DaVinci Resolve 19, Blackmagic Design also introduced the DaVinci Resolve Replay Editor, a dedicated hardware control panel designed to streamline live production workflows. DaVinci Resolve 19 boasts a significant upgrade with the inclusion of powerful new artificial intelligence (AI) tools powered […]
In a move that has caused consternation among developers and businesses, Meta, the parent company of Facebook, announced in January 2024 that it would be revoking third-party app access to Facebook Groups. This decision, which came with the release of Facebook Graph API v19.0, restricts the ability of external developers to create tools that integrate with Facebook Groups. Many businesses and social media marketers have come to […]
A new report by the World Economic Forum (WEF) predicts a celestial boom for the global economy. Titled “Space: The $1.8 Trillion Opportunity for Global Economic Growth,” the report forecasts a staggering tripling of the space industry’s value by 2035, reaching a worth of $1.8 trillion. This growth trajectory significantly outpaces the projected rise in global gross domestic product (GDP), highlighting space exploration’s potential as a powerful […]
Researchers have uncovered a novel tactic employed by cybercriminals: leveraging Artificial Intelligence (AI) to craft malicious code. The culprit, a threat group known as TA547, is suspected of using AI to develop a PowerShell script designed to deploy malware. PowerShell is a powerful scripting language commonly used for system administration within Windows environments. Malicious actors often exploit PowerShell to execute commands remotely, allowing them to infiltrate systems […]
Richard Teng, CEO of the world’s largest cryptocurrency exchange Binance, recently embarked on a visit to South Korea. The trip’s primary objective was to engage in discussions with South Korean financial authorities regarding market access for Binance. This move comes after Binance’s attempt to enter the South Korean market in 2022 through the acquisition of domestic exchange Gopax. The discussions between Teng and South Korean officials likely […]
The ubiquitous smartphone has become an extension of ourselves, but what if technology could be more integrated into our lives without demanding constant screen time? Humane, a well-funded startup ($230 million), is betting on its new product, the Ai Pin, to do just that. The Ai Pin is a generative AI wearable – a far cry from the typical fitness tracker or smartwatch. Co-founders Bethany Bongiorno, a […]
Popular Telegram game Notcoin has unveiled key updates to its upcoming token launch on The Open Network (TON), scheduled for April 20th. In a move to streamline its in-game currency, the NOTCOIN team has implemented a 1,000:1 token conversion ratio. This means every 1,000 in-game coins will be equivalent to one NOT token upon launch. The total supply of NOT tokens will be capped at 102.7 billion, […]
United States Senators are casting a critical eye on the handling of FTX’s bankruptcy proceedings. The controversy centers on the sale of a large quantity of SOL tokens, the native cryptocurrency of the Solana blockchain, by Sullivan and Cromwell, the law firm entrusted with the bankruptcy case. At the heart of the issue is the price at which the SOL tokens were sold. According to reports, the […]
Vogue magazine has offered a behind-the-scenes look at Rihanna’s powerful cover shoot for their latest issue. The video, titled “Inside Rihanna’s Epic Vogue Cover Shoot,” portrays the singer basking in motherhood while showcasing the meticulous artistry that went into crafting the unforgettable cover image. The video opens with Rihanna’s undeniable charisma on full display. She exudes a relaxed confidence as stylists adjust a voluminous red dress, a […]
AlphaX Exchange proudly announces the triumphant conclusion of its inaugural airdrop event ADELAIDE, AUSTRALIA – Media OutReach Newswire – 12 April 2024 – AlphaX Cryptocurrency Exchange proudly announces the triumphant conclusion of its inaugural airdrop event, a testament to its commitment to providing value-driven opportunities to users. The event witnessed the distribution of 5000 ENA tokens, resulting in an astounding surge of 368%, highlighting the overwhelming response […]
