CrowdStrike Stock Crashes 30% After Global Outage: Is Centralized Security Broken?
CrowdStrike's stock price is in freefall, plummeting another 13% on Monday after a botched software update triggered a global IT outage last week. This latest...
From Gaming Giant to AI King: Nvidia Topples Microsoft and Apple as World’s Most Valuable Company
Nvidia (NVDA) has dethroned tech titans Microsoft (MSFT) and Apple (AAPL) to become the world's most valuable publicly traded company. As of today, Nvidia boasts...
$1 Billion in US Treasuries Now Tokenized on Blockchains Like Ethereum, Polygon, and Solana
The world of finance is undergoing a digital revolution, with traditional assets like US Treasuries making their way onto blockchains. This week, the total value...
China’s Lehman Moment? Stocks Shed $1 Trillion: Evergrande Fallout Rocks Markets
China's stock market is grappling with staggering losses, shedding a colossal $1 trillion in wealth over the past two weeks. The crisis stems from the...
The Bank Can’t Print Jobs: Can Canada’s Policymakers Navigate the Economic Crossroads?
Canada's job market, once a beacon of stability, is showing signs of strain. As we approach next Friday's release of January employment data, analysts predict...
X Launches Payments Account: Will Crypto Join the “Everything App”?
Elon Musk's X (formerly Twitter) is taking another bold step towards its "everything app" vision with the launch of a dedicated account for its upcoming...
Decentralized Finance (DeFi) Rebounds to $50 Billion, Signaling Renewed Investor Confidence
In a remarkable turnaround, the total value locked (TVL) in decentralized finance (DeFi) protocols surpassed $50 billion on Tuesday, marking a six-month high and reigniting...
XPR Network Shatters Barriers with ISO 20022 Compatibility, Propelling Blockchain Technology into the Financial Mainstream
The XPR Network has achieved ISO 20022 compatibility, a significant milestone in the blockchain industry. This achievement positions XPR Network as a leading force in...
IMF Weighs In: CBDCs Could Shake Up Deposit Dynamics For Banks, But Lending May Remain Unfazed
The introduction of a Central Bank Digital Currency (CBDC) could lead to lower deposits in the banking sector, but the impact on lending is likely...
WeWork: From a $47bn Unicorn to Bankruptcy, How the World’s Most Overvalued Startup Crashed
WeWork, the once-hyped shared workspace company, filed for bankruptcy on November 7, 2023, marking a stunning reversal of fortune for a company that was once...