• Samsung’s Investment Arm Gearing Up to Apply for Spot-Bitcoin ETF in Hong Kong

    Korean technology conglomerate Samsung is looking to beat its competitors in Hong Kong by offering a spot Bitcoin exchange-traded fund (ETF) for investors to gain better exposure to the leading cryptocurrency.  Watching Regulatory Developments Closely  Speaking in an interview with...

  • Apple CEO Tom Cook Takes a 40% Pay Cut after the Stock Sagged in 2022

    Apple (NYSE: AAPL) CEO Tim Cook requested the company for a 40% pay cut in 2023 which was granted. The move comes after a dismal 2022 where AAPL stock lost around 28%. 2022 was a tough year for US stocks...

  • EL Salvador Passes Landmark Bill to Launch Bitcoin Bonds

    El Salvador made headlines almost two years ago when the country adopted Bitcoin as an official legal tender. Now, the country is considering using Bitcoin to service some of its national debt. Long-Awaited Bitcoin Bonds on the Way Earlier this...

  • Arbitrum and Optimism Toppled Ethereum in Transactions Across 2022 

    Despite the successful Ethereum Merge in September, transactions on layer-2 blockchain networks continue to grow as Ethereum shrinks. Battle of the Giants According to data from Etherscan, Optimism, and Arbitrum – two of the largest Ethereum layer-two networks – have...

  • Several Rivian Executives Exit after Tepid 2022 Performance

    Several top Rivian (NYSE: RIVN) executives have quit the company. This comes after a tepid 2022 where the company missed its production guidance and the stock fell to multi-year lows. Steve Gawronski, the vice president in charge of parts purchasing,...

  • Brett Harrison, Former FTX US President, Will Reveal Everything “In Time”

    Brett Harrison, the former US president of FTX, stated on Twitter that he will discuss the former cryptocurrency exchange at a later time. It is worth noting that Harrison joined FTX in May 2021, and since then, he has supervised...

  • Web3 Companies Will Likely Attract More Venture Funding In 2023

    Alex Thorn, head of research at cryptocurrency investment firm Galaxy Digital, predicts that Web3 blockchain enterprises and trading-based services will continue to attract the lion's share of venture money in 2023, just as they did in 2022. https://twitter.com/0xbeaconglobal/status/1612720789190774784?s=20&t=Ax3hT7Y6kK7vptbA5s75IA Alex Thorn...

  • A Month From Their Release, Sales of Trump NFTs Crater

    Despite being surrounded by massive mania upon the launch, former President Donald Trump's non-fungible tokens (NFTs) have tanked.  Volumes Slump Across the Board    Less than a month after they were launched, the NFTs promoted by former President Donald Trump has...

  • McKinsey Sees $5 Trillion Opportunity in the Metaverse

    The metaverse is one of the top tech concepts worldwide, but its true potential remains undiscovered. However, McKinsey & Company sees this new frontier's potential to generate up to $5 trillion in value by 2030. The Next Frontier and a...

  • Mark Cuban Issues a Warning about a New Cryptocurrency Scandal and Fraud

    Several recent incidents in the cryptocurrency market have increased public doubts and dissatisfaction about digital assets and crypto exchanges, fueled fresh calls for regulatory action, and generally exacerbated the situation. All of these crypto concerns have harmed the reputations of...