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Crypto sentiment plummets to 6-month low after Trump’s China tariff threat
Investor confidence in the cryptocurrency market has hit its weakest point in nearly half a year, following President Donald Trump’s warning of steep new tariffs on China. On Saturday, the Crypto Fear...
Crypto ATM scams rises in Massachusetts, prompting calls for ban
Crypto ATM scams are on the rise in Massachusetts, and businesses and individuals are now complaining bitterly. The scams have led to losses in millions of dollars, with the scammers now increasing th...
Galaxy Digital gets $460 million funding boost for its Helios data center
According to a recent announcement, Galaxy Digital has raised $460 million from a leading private investment firm. The company is converting its Bitcoin mining facility located in Texas into a mega ar...
Samsung hit with $445.5M over patent infringement
A federal jury in Marshall, Texas, has ordered Samsung Electronics to pay nearly $445.5 million to Collision Communications for infringing patents related to 4G, 5G, and Wi-Fi network technology. The ...
Crypto market endures record $9.55B single-day liquidation.
A sharp crypto sell-off has triggered liquidations for over 1.5 million traders in the last 24 hours, wiping out roughly $9.55 billion in open interest, according to CoinGlass. President Donald Trump’...
Neuroscientists sue Apple over alleged use of pirated books in AI training
Apple is facing a new copyright lawsuit in a California federal court, as two neuroscientists accuse the tech giant of using pirated books to train its artificial intelligence system, Apple Intelligen...
Bitcoin drops to $109,444, its lowest level since February, after Trump’s new China tariff threat
Bitcoin continues falling off a cliff on Friday, collapsing to $109,444, its lowest level since February, after President Donald Trump announced the U.S. will hit China with 100% tariffs starting Nove...
Anduril's founder says that the US is overly reliant on China for critical resources like rare earths and semiconductors
Palmer Luckey, the founder of Anduril Industries publicly criticized the US defense sector’s heavy dependence on China for rare earth elements and semiconductors, in an appearance in a Bloomberg inter...
S&P 500 loses $1.5 trillion after Trump threatened new China tariffs
The Dow tanked nearly 900 points on Friday as markets completely flipped after former President Donald Trump threatened fresh tariffs on Chinese goods, accusing China of acting “very hostile” by tight...
Malaysia warns of global supply chain disruptions if U.S. ends chip tariff exemptions
Malaysia has warned that removing U.S. tariff exemptions on its semiconductor exports could hurt its global competitiveness and strain interconnected supply networks. The announcement came as the coun...
BLS staff return to office to prepare September CPI despite government shutdown
The Bureau of Labor Statistics (BLS) is pulling staff back from furlough so the September consumer-price index (CPI) can be finished and published, according to the Wall Street Journal. As you may kno...
Dollar comeback burns hedge funds’ short FX bets
Betting against the dollar has been the favorite trade of 2025 in the $9.6 trillion-a-day foreign exchange market, but that gamble is being crushed as the greenback climbs to a two-month high. Even wh...