The beginning of the final week of July saw a rise in cryptocurrencies as traders absorbed various political developments that occurred over the weekend. Bitcoin experienced a 2% increase, reaching a price of $69,640.00, while Ether rose by 3% to $3,382.15, according to data from Coin Metrics. This positive movement in cryptocurrency prices comes after
Enterprise
Former President Donald Trump recently made a surprising announcement at the biggest bitcoin conference of the year in Nashville. Despite high expectations, Trump’s proposal regarding a U.S. bitcoin strategic reserve fell short of what some crypto enthusiasts had anticipated. In this article, we will critically analyze Trump’s proposal and its potential implications. During his keynote
Former President Donald Trump made headlines by headlining the biggest bitcoin conference of the year in Nashville. This move comes as the race to capture the votes and campaign cash of America’s frontline fintech adopters is taking center stage in the 2024 presidential contest. Trump, who was previously critical of bitcoin and other cryptocurrencies during
SK Hynix, a leading memory chip manufacturer, recently announced its plans to invest 9.4 trillion Korean won ($6.8 billion) in building a new semiconductor manufacturing plant. The fabrication plant, also known as fab, will be located in South Korea’s Yongin Semiconductor Cluster, just south of the capital city, Seoul. This move aligns with the government’s
In the second quarter, Apple faced a significant setback in China as it was pushed out of the top five smartphone vendors list. This decline in rankings can be attributed to the intense competition from domestic brands, most notably Huawei. According to a report by Canalys, Apple’s market share in China dropped to 14% in
SK Hynix, a major player in the memory chip industry, recently announced their second-quarter results, showcasing the highest profit level in six years. The company reported revenue of 16.42 trillion Korean won, surpassing expectations, and an operating profit of 5.47 trillion Korean won, marking a significant increase from the previous year. This surge in profit
Elon Musk, the CEO of Tesla, recently posted a poll on social media platforms asking whether his company should invest $5 billion into his newest startup, xAI. This informal poll was intended to gauge public sentiment and interest in such a significant investment. Musk specifically mentioned that board approval and shareholder votes would be necessary
The decision by Wiz to walk away from a $23 billion deal to be acquired by Google raises questions about the true motivation behind this move. While co-founder Assaf Rappaport cited antitrust and investor concerns, it is crucial to delve deeper into what these concerns actually entail. By choosing to pursue an initial public offering
Artificial intelligence-powered agents have the potential to revolutionize the way tasks are solved in the near future. According to a report by Capgemini, a technology services giant, multi-agent AI systems are expected to be fully functional by 2025. These systems will consist of a network of agents working collaboratively to tackle tasks in a distributed
In recent times, there has been a noticeable increase in large-scale attacks on corporate enterprise IT systems. While this trend is not surprising considering the ongoing battle against hackers, a new type of threat has emerged that often goes unnoticed – the single-point failure. These errors in specific parts of a system can lead to