The Korean stock market’s in freefall, and these are the reasons why
The Korean market rises on falls on expectations for profitability of the semiconductor industry and how long it can be sustained. Sentiment is cyclical and…
Newlywed Jim Carrey lists $35 million Maui waterfront mansion
Jim Carrey is bidding farewell to his sprawling Hawaii waterfront retreat, listing the tropical property for $35 million just days after tying the knot with…
Ledger details LTE-enabled spy implants in wallets sold by CryptoBilis
Ledger detailed how LTEenabled implants exposed wallet recovery phrases as CryptoBilis halted sales and Trezor and OneKey cut ties with the reseller.…
Was Broadcom CEO bullish or bearish on AI? ‘Gamblers’ comment creates storm
The comments made by Broadcom’s CEO at a conference in Singapore have been cited as a reason for microchip stocks’ slumps on both Monday and Tuesday.…
Bitcoin whale that sat through the March 2020 crash moves $378 million
A bitcoin whale that received coins days before the Covid crash and sat through it has moved millions onchain. Source:CoinDesk
South Korea moves to block 27 crypto websites, including KuCoin, MEXC
Authorities said the restrictions are aimed at unregistered exchanges and have acknowledged that customers could have difficulty withdrawing assets.…
The global economy is starting to look K-shaped. Here are the winners and losers, and where the U.S. fits.
IMF sees a split global economy, with countries less exposed to the oil shock and benefiting from AI demand pulling ahead Source:MarketWatch
Meta launches Muse Wonder AI models, challenging top rivals
Meta cofounder Mark Zuckerberg said its newest models are a step toward “personal superintelligence.” Source:Cointelegraph
Aptos rolls out Encrypted Mempool to curb frontrunning, sandwich attacks
The optional feature hides transaction details until their order is finalized, preventing bots from exploiting pending trades. Source:Cointelegraph
Nvidia and AMD shares fall as new AI announcements fail to re-energize investors
The chip makers introduced hardware and software designs for future AI data centers, but the revenue potential is still far out, an analyst says.…
FTX’s crypto mining venture is now used to advance AI
The defunct exchange acquired a 20% stake in Genesis Digital Assets before FTX declared bankruptcy in November 2022. Source:Cointelegraph
Why Ciena, Lumentum and other optical stocks were among the market’s biggest losers on Monday
The sharp moves could partly be a reaction to recent cautious commentary on AI spending. Source:MarketWatch