South Korean blockchain consortium has completed a proof of concept showing a blockchain-based digital local currency processing payments and settlements in under one second with a reported 100% transaction success rate. Summary K STAR and BNK Busan Bank completed a blockchain based digital local currency pilot with a reported 100 percent transaction success rate and…
The humanoid robotics market is awash in money right now. Last week, AI2 Robotics, a Shenzhen-based startup that makes wheeled humanoid robots, raised roughly $735 million at a nearly $3 billion valuation. Earlier this year, Apptronik, an Austin-based maker of humanoid robots for manufacturing and logistics, closed a $935 million funding round valuing the company…
Philippine retail investors reported that the international online trading platform Interactive Brokers (IBKR) is once again accessible without a virtual private network (VPN) across major domestic internet service providers (ISPs). The development follows months of access restrictions implemented by local telecommunications companies under regulatory directives. Users Report Restored Access According to online discussions on the…
Can XRP indeed rally to $4, $5, or even $12? Ripple’s cross-border token has gained over 9% in the past week and now sits near $1.15 after bottoming (for now, at least) at $1.01 a few weeks ago. Such a notable resurgence in a relatively short timeframe has given wings to the perma-XRP-bulls, as…
Parmida and Corbin just got dumped on Love Island USA, and the internet is mourning the loss of their favorite Love Island “robot” — also known as “CorbinGPT.” SEE ALSO: ‘Love Island USA’ might’ve just aired its saddest Movie Night episode The Islanders sang their hearts out in a karaoke competition in Season 8, Episode…
Key Takeaways Bitcoin rose 3.6% on the week to top $63,000 on July 4 for the first time since mid-June. U.S. spot bitcoin ETFs pulled in $222 million on July 2, ending a 10-day, $2.7 billion outflow run. Traders say BTC must hold $62,600, with $65,000 the level to beat for a stronger July recovery….
Spot Bitcoin ETFs recorded $527 million in net outflows from June 29 to July 2, extending their weekly withdrawal streak to eight weeks. The latest data shows that demand for Bitcoin funds remains weak, even after some products returned to daily inflows. Summary Bitcoin ETFs extended their outflow streak as investors pulled $527 million over…
With multiple streaming services to choose from and the entire history of cinema and television to dig into, you’d be forgiven for not being quite up-to-date with the latest films and shows. That’s where spoilers can hit you. Whether it’s a twisty Netflix thriller or the season finale of a show on Apple TV, there…
There are no major market-shaking reports due this week, which is largely dominated by more labor market data. Crypto markets have had a positive weekend, holding on to and marginally improving gains made late last week. The next seven days will see the release of the Federal Reserve’s minutes from its last meeting, which…
Bending Spoons, the Milan-based tech conglomerate that made headlines for acquiring the likes of AOL and Vimeo, went public on the Nasdaq this week with a pop, briefly reaching a market capitalization over $25 billion. While Bending Spoons stock has slightly slumped since then, its market cap remains twice double its previous private valuation of…
