Finance & Business

Circle’s IPO Jumps, Raising Hopes For Other Startups Aiming To Enter The Public Market

Image Credits: PixabayCircle, a leading issuer of USDC—a stablecoin tied to the U.S. dollar—closed its first day of public trading at $83.23 per share, marking a 168% increase over its IPO price of $31 set just a day earlier.The strong debut highlights growing investor enthusiasm for cryptocurrencies, especially stablecoins, fueled in part by the...

The Future of Cryptocurrencies in Italy: Between Innovation and Regulation

Credit: DepositphotosThe topic of cryptocurrencies is gaining increasing attention, and it’s clear this is more than just a passing trend. Many people—both industry experts and curious observers—are asking whether Italy is truly ready to embrace the decentralized future promised by blockchain technology. Simply owning a digital wallet and buying some tokens no longer means...

Crypto Platforms Feel Like Gambling Due To High-Risk Users

Image Credits: PixabayWhen Kim Kardashian was fined in 2022 for promoting a crypto token without disclosing she was paid, and Matt Damon appeared in a cryptocurrency ad saying "fortune favors the brave," it became evident that crypto had entered mainstream pop culture.Beneath the celebrity glitz and Super Bowl commercials, something more familiar emerges.Crypto trading...

Bitcoin Surges To New Peak Amid U.S. Regulatory Hopes

Credit: PixabayBitcoin hit a new all-time high on Wednesday, fueled by rising investor confidence and optimism over U.S. cryptocurrency legislation. Analysts cited growing bipartisan support in Congress for clearer regulations, especially around digital assets and stablecoins, as a key driver.The push for regulatory clarity reassures investors and signals a step toward wider adoption and...

A Cyberattack Results In A £300 Million Loss For UK Retailer Marks & Spencer

Credit: PixabayOn Wednesday, British clothing and food retailer Marks & Spencer revealed that a cyberattack disrupting its online services will likely persist until July and cut the group’s profit by approximately £300 million ($404 million).Cyberattack Disrupts Online Operations, Hits Sales in Key DivisionsLast week, Marks & Spencer disclosed that a cyberattack had compromised some...

Crypto Elite Increasingly Fear for their Safety

Credit: PixabayCryptocurrency executives and wealthy investors are placing greater emphasis on personal security, according to recent reports from the Wall Street Journal and Bloomberg.Rising Bitcoin Value and Data Breach Fuel Kidnapping Fears in Crypto WorldAlthough crypto has long posed distinct security challenges, the increasing value of Bitcoin and a recent Coinbase breach—exposing some customer...

Kuwait Restricts Crypto Mining to Curb Power Demand

Credit: PixabayKuwait is taking nationwide action against cryptocurrency miners, according to Reuters, citing the activity as a cause of blackouts and strain on the power grid. Authorities launched the crackdown ahead of summer, anticipating temperatures will soar to 125°F.Kuwait’s Ministry of Interior announced it is carrying out a "wide-ranging" security operation targeting residences suspected...

Tesla’s First-Quarter Sales Plunge in Europe

Credit: PixabayTesla's sales continued to decline in March across several European markets, hit by both consumer boycotts over Elon Musk’s policies and an aging vehicle lineup.In France, Tesla sales dropped 36.8% compared to the previous year, according to the Automotive Platform (PFA), amid a slight downturn in the overall electric car market. Sweden saw...

The Crypto Wallet Integrated with Telegram Now Offers Crypto Trading and Yield-Generating Features

Image Credits: TelegramTelegram’s crypto wallet, developed by third-party company The Open Platform (TOP), has introduced new features for users who engage with Telegram beyond messaging. These updates include multi-asset trading and yield-generating options.Built on the TON blockchain, TOP launched the wallet in 2023. The company reported that over 100 million users have signed up...

Bitcoin price plummets amid market uncertainty.

Credit: PixabayBitcoin's price plunged nearly 10 percent on Monday as escalating trade tensions and uncertainty over a proposed U.S. crypto reserve fund drove investors away from risk.Initially, Bitcoin and other digital assets surged after President Donald Trump floated the idea of creating a national cryptocurrency reserve. However, prices quickly tumbled as doubts emerged over...