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Binance Lists Donald Trump-Linked WLFI Token; to Be Traded on Three Blockchains
Binance has become the first major exchange to list WLFI, the governance token of Trump-affiliated World Liberty Financial. Trading opened with a Seed Tag, warning investors of risks. Reports reveal that 70 percent of the token supply is controlled by insiders, sparking debate over decentralisation and raising regulatory concerns. As most of its su...
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OpenAI CEO Sam Altman Compares AI Hype to Dot-Com Bubble, Warns ‘Someone’s Gonna Get Burned’: Report
OpenAI CEO Sam Altman reportedly admitted last week that the ongoing excitement around the generative artificial intelligence (AI) technology resembles the 1990s dot-com bubble. As per the report, Altman made the comments during an interview with a group of journalists, and highlighted that investors funding AI startups at high valuations could get...
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Why Trump Makes A U-Turn On Musk And Wants 'Elon To Thrive Like Never Before'
US President Donald Trump clarified on Thursday that he wants Elon Musk and his companies to "thrive". He said he wanted all businesses within the US to "thrive like never before".
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"Won't Bet On A Currency Going To Hell": Warren Buffett's Dollar Warning
The world's most revered investor, Warren Buffett, who has run Berkshire Hathaway for over 60 years, has shared his insights on global affairs and trade at his company's annual gathering, which has long been known as the "Woodstock for Capitalists".
-
Apple Renews Fears About Tariffs, China With Wobbly Report
Apple's much-awaited quarterly earnings report failed to soothe investor concerns. The iPhone maker warned in the Thursday statement that tariffs will increase costs this quarter, a sign that geopolitical tensions are taking a growing toll on the world’s most valuable business.Â
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US SEC Rejects Memecoins as Securities, Warns of Fraudulent Tokens
This week, the SEC informed US investors that memecoins are not classified as securities. As a result, memecoin investors are not required to register their transactions under the Securities Act of 1933.
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SEBI Warns Ola Electric for Disclosure Lapses
SEBI has issued a warning to Ola Electric for not providing "equal and timely access" to its investors of information about a planned store expansion.
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Dubai-Based Bybit Faces Regulatory Action in Malaysia Over Alleged Unlicensed Operations
The Securities Commission Malaysia (SC) has directed Bybit to disable its services in the Southeast Asian nation. According to an official statement released by the SC, the Dubai-based exchange has been operating its digital asset exchange service (DAX) illegally in Malaysia.
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Meta Warns of Worsening AI Losses After Sales Narrowly Beat
Meta CEO Mark Zuckerberg said the company will ramp up heavy investments in AI and other futuristic technologies. The Meta executive has warned investors that the firm will continue to spend significantly on infrastructure and other projects like the metaverse and AI-powered glasses.
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Binance Claims to Have Recovered $73 Million of Funds Stolen via Hacks, Scams in Q2 2024
Binance’s security team has successfully recovered or frozen over $73 million (roughly Rs. 612 crore) in user funds from external hacks as of July 31, 2024. The platform identified and secured funds linked to hacks or scams that had made their way onto Binance, preventing further loss to users.
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WazirX Data Breach: Rivals Assure Investors About Fund Safety After Crypto Firm Suffers Alleged Data Breach
WazirX data breach has been acknowledged by the crypto exchange, which is investigating the alleged hack. India’s crypto investors have expressed apprehensions after the WazirX breach, as funds worth $234.9 million (roughly Rs. 1,965 crore) are at stake. In their posts, leaders of Indian crypto exchanges including CoinDCX, Giottus, and CoinSwitch...
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Crypto Scammers Posing as Professors, Academicians to Target Investors, US Regulator Warns
US regulators have issued an official warning against an emerging category of crypto scams, where scammers pose as professors or academicians. Social networking platforms including Facebook, WhatsApp, and Telegram are being exploited by cyber miscreants to find and communicate with potential victims.
-
Dogecoin Developer Issues Important Warning to Investors as Market Turns Volatile
Mishaboar, one of Dogecoin’s developers has released a warning asking the investor community to gauge the risks of investing in crypto assets before making any final decision. The Dogecoin developer has expressed his fear that investors who are losing sleep over their crypto investments – may have been overexposed to the sector.
-
Coinbase Plans to Push Institutional Investors into Web3, Defi, NFTs Amid Rattled India Operations
Coinbase has launched a new Prime Web3 Wallet service that would help institutional investors get safe and one-tap access to all their digital asset requirements. This would include asset custody solutions as well as instant access to dApps. To help companies stay ahead of security threats, the wallet will provide approval alerts, transaction previ...
-
After Joe Biden's China Tech Curbs, US Investors Warn Of Retaliation
While the market mostly shrugged off President Joe Biden's move to prohibit some U.S. technology investments in China, U.S. investors said they were worried Beijing would retaliate or pull back from buying American technology.
-
Binance Lists Donald Trump-Linked WLFI Token; to Be Traded on Three Blockchains
Binance has become the first major exchange to list WLFI, the governance token of Trump-affiliated World Liberty Financial. Trading opened with a Seed Tag, warning investors of risks. Reports reveal that 70 percent of the token supply is controlled by insiders, sparking debate over decentralisation and raising regulatory concerns. As most of its su...
-
OpenAI CEO Sam Altman Compares AI Hype to Dot-Com Bubble, Warns ‘Someone’s Gonna Get Burned’: Report
OpenAI CEO Sam Altman reportedly admitted last week that the ongoing excitement around the generative artificial intelligence (AI) technology resembles the 1990s dot-com bubble. As per the report, Altman made the comments during an interview with a group of journalists, and highlighted that investors funding AI startups at high valuations could get...
-
Why Trump Makes A U-Turn On Musk And Wants 'Elon To Thrive Like Never Before'
US President Donald Trump clarified on Thursday that he wants Elon Musk and his companies to "thrive". He said he wanted all businesses within the US to "thrive like never before".
-
"Won't Bet On A Currency Going To Hell": Warren Buffett's Dollar Warning
The world's most revered investor, Warren Buffett, who has run Berkshire Hathaway for over 60 years, has shared his insights on global affairs and trade at his company's annual gathering, which has long been known as the "Woodstock for Capitalists".
-
Apple Renews Fears About Tariffs, China With Wobbly Report
Apple's much-awaited quarterly earnings report failed to soothe investor concerns. The iPhone maker warned in the Thursday statement that tariffs will increase costs this quarter, a sign that geopolitical tensions are taking a growing toll on the world’s most valuable business.Â
-
US SEC Rejects Memecoins as Securities, Warns of Fraudulent Tokens
This week, the SEC informed US investors that memecoins are not classified as securities. As a result, memecoin investors are not required to register their transactions under the Securities Act of 1933.
-
SEBI Warns Ola Electric for Disclosure Lapses
SEBI has issued a warning to Ola Electric for not providing "equal and timely access" to its investors of information about a planned store expansion.
-
Dubai-Based Bybit Faces Regulatory Action in Malaysia Over Alleged Unlicensed Operations
The Securities Commission Malaysia (SC) has directed Bybit to disable its services in the Southeast Asian nation. According to an official statement released by the SC, the Dubai-based exchange has been operating its digital asset exchange service (DAX) illegally in Malaysia.
-
Meta Warns of Worsening AI Losses After Sales Narrowly Beat
Meta CEO Mark Zuckerberg said the company will ramp up heavy investments in AI and other futuristic technologies. The Meta executive has warned investors that the firm will continue to spend significantly on infrastructure and other projects like the metaverse and AI-powered glasses.
-
Binance Claims to Have Recovered $73 Million of Funds Stolen via Hacks, Scams in Q2 2024
Binance’s security team has successfully recovered or frozen over $73 million (roughly Rs. 612 crore) in user funds from external hacks as of July 31, 2024. The platform identified and secured funds linked to hacks or scams that had made their way onto Binance, preventing further loss to users.
-
WazirX Data Breach: Rivals Assure Investors About Fund Safety After Crypto Firm Suffers Alleged Data Breach
WazirX data breach has been acknowledged by the crypto exchange, which is investigating the alleged hack. India’s crypto investors have expressed apprehensions after the WazirX breach, as funds worth $234.9 million (roughly Rs. 1,965 crore) are at stake. In their posts, leaders of Indian crypto exchanges including CoinDCX, Giottus, and CoinSwitch...
-
Crypto Scammers Posing as Professors, Academicians to Target Investors, US Regulator Warns
US regulators have issued an official warning against an emerging category of crypto scams, where scammers pose as professors or academicians. Social networking platforms including Facebook, WhatsApp, and Telegram are being exploited by cyber miscreants to find and communicate with potential victims.
-
Dogecoin Developer Issues Important Warning to Investors as Market Turns Volatile
Mishaboar, one of Dogecoin’s developers has released a warning asking the investor community to gauge the risks of investing in crypto assets before making any final decision. The Dogecoin developer has expressed his fear that investors who are losing sleep over their crypto investments – may have been overexposed to the sector.
-
Coinbase Plans to Push Institutional Investors into Web3, Defi, NFTs Amid Rattled India Operations
Coinbase has launched a new Prime Web3 Wallet service that would help institutional investors get safe and one-tap access to all their digital asset requirements. This would include asset custody solutions as well as instant access to dApps. To help companies stay ahead of security threats, the wallet will provide approval alerts, transaction previ...
-
After Joe Biden's China Tech Curbs, US Investors Warn Of Retaliation
While the market mostly shrugged off President Joe Biden's move to prohibit some U.S. technology investments in China, U.S. investors said they were worried Beijing would retaliate or pull back from buying American technology.
