Sources have disclosed that Polymarket, a decentralized prediction market platform, is under scrutiny from U.S. criminal and civil authorities. The company, which allows users to bet on the outcomes of various events—ranging from political elections to sports results—has reportedly been investigated for potential violations of U.S. federal laws. The Nature of the Investigation While specifics […]
Short sellers in the cryptocurrency and blockchain sectors have faced significant losses since November 6, following a surge in Bitcoin prices to new record highs. The rally was fueled by optimism that U.S. President-elect Donald Trump would usher in a more favorable regulatory environment for digital assets. The impact on short sellers became even more […]
Following the U.S. election, traders are flocking to riskier bets in the stock market, propelling a rally fueled by diminishing election concerns and the anticipation of a Republican-controlled government next year. The bullish sentiment is widespread, covering everything from electric vehicle maker Tesla to regional banks and small-cap stocks, contributing to a 3% increase in […]
Federal Reserve Bank of Boston President Susan Collins spoke out Friday, stressing the importance of closely monitoring the technological advancements shaping the financial landscape. In a speech at an event hosted by her bank, Collins acknowledged that while technological innovations in finance hold significant promise, they also come with their own set of risks and […]
Social media platform Bluesky has experienced a significant influx of users, gaining about 2.5 million new accounts in the past week, following Donald Trump’s election as U.S. President and an upcoming controversial change to X’s terms of service. The surge raises Bluesky’s user base to over 16 million as it positions itself as an alternative […]
WASHINGTON, Nov 15 (Reuters) – The U.S. Commerce Department announced the completion of a $6.6 billion government subsidy for Taiwan Semiconductor Manufacturing Co. (TSMC) to boost semiconductor production in Phoenix, Arizona. This agreement marks a milestone under the $52.7 billion CHIPS and Science Act, established in 2022 to enhance domestic chip manufacturing capabilities. The finalized […]
Measles, a highly contagious and preventable disease, has made a troubling resurgence, with global cases surging by over 20% to an estimated 10.3 million in the past year, according to a report by the World Health Organization (WHO) and the US Centers for Disease Control and Prevention (CDC). Tragically, this surge has resulted in 107,500 […]
Imagine Earth’s astronomical observatories detecting a signal from outer space—a potential message from an alien civilization. Such a discovery would ignite a global effort to decipher its meaning. In May 2023, the SETI Institute simulated this scenario as part of an ambitious art and science project called A Sign in Space. The message, sent from […]
When it comes to music legends like Donald Fagen, the co-founder of Steely Dan, even a few words can carry weight. Recently, the iconic musician shared a brief but impactful moment with the director of the “Yacht Rock” documentary, and it’s one that fans won’t soon forget. The documentary, which chronicles the smooth, jazzy, and […]
In recent years, the environmental impact of oil palm plantations has garnered increased attention, particularly regarding biodiversity conservation. While oil palm is a major agricultural commodity that plays a significant role in global economies, it often comes at the expense of tropical ecosystems, leading to habitat loss and a decline in native species. However, new […]
