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Apple Supplier Foxconn Reportedly Starts Producing iPhone 15 in India
Apple (NYSE: AAPL) supplier Foxconn has reportedly started producing the upcoming iPhone 15 in India as US tech and manufacturing companies continue to diversify from China amid the growing US-China rivalry. Separately, Foxconn is also looking to produce AirPods at... -
Prosecutors Claim Sam Bankman-Fried Used $100 Million in Stolen Funds for Political Contributions
Federal prosecutors have accused Sam Bankman-Fried (SBF) of using funds misappropriated from his FTX cryptocurrency exchange clients to generate political campaign contributions. The funds, surpassing $100 million, were donated before the 2022 U.S. midterm elections. Bankman-Fried Donated Funds to Leverage... -
Binance Labs Invests $5 Million in Curve DAO Token (CRV) to Empower DeFi Sector
Binance Labs, a supporter of new projects, has invested $5 million in Curve DAO Token (CRV) to boost the growth of decentralized finance (DeFi). CRV is a significant digital token on Ethereum that's crucial for the Curve system. https://twitter.com/kryptotodaycom/status/1690027323859304448?s=20 This... -
Goldman Sachs Predicts Interest Rate Cuts by Federal Reserve and Meeting Expectations
Goldman Sachs, a leading global investment bank, thinks that the Federal Reserve will lower interest rates next year. They also believe the Fed won't raise interest rates at their next meeting. They believe that interest rates will likely drop by... -
Nikola Stock Crashes after It Recalls All Trucks and Halts Sales
Nikola stock (NYSE: NKLA) is trading sharply lower in US price action today after the company announced a voluntary recall of 209 Class 8 Tre battery-electric vehicles and halted sales. In its release, Nikola said, “Following an August 10 presentation... -
Crypto Community Suspects Imminent Sell-off After Voyager’s Token Transfer to Coinbase
Defunct crypto Lender Voyager Digital has raised concerns about a possible sell-off after transferring a substantial amount of tokens to Coinbase. Voyager Moves Tokens in Short Period Recently, bankrupt crypto Lender Voyager Digital made headlines as it transferred a substantial... -
Bittrex Agrees to Pay $24 Million to Settle SEC Lawsuit
Crypto exchange Bittrex has agreed to pay a $24 million settlement in response to the Securities and Exchange Commission's (SEC) charge of operating as an unregistered brokerage. The SEC Eagle Claws Continous to Prawl Unregulated Platforms in the DeFi Sector... -
Coinbase Officially Launches Layer 2 Blockchain ‘Base’ to the Public
Coinbase has officially introduced its innovative Base blockchain. To mark this significant achievement, the crypto exchange initiated the first-ever Onchain Summer Festival on August 9. Coinbase Empowering the Future of Web3 Coinbase has reached a significant milestone in the evolving... -
Disney Stock Whipsaws After Q3 Earnings: Key Takeaways
Disney (NYSE: DIS) released its fiscal Q3 2023 earnings yesterday after the markets closed. The stock whipsawed after reporting mixed results and while it fell after the release it rose almost 5% after the earnings call. It is up only... -
Binance Surpasses 150 Million Users Amidst Regulatory Challenges and Global Growth
Binance, the well-known crypto exchange, has achieved a huge milestone, reaching 150 million registered users. The founder and CEO, Changpeng Zhao, also known as CZ, shared this achievement on social media. This achievement becomes even more remarkable considering the challenges...
