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…
This one chart from the IMF tells the entire story of the world economy this year
A single chart, complicated though it may be, tells the story of the world economy this year. Source:MarketWatch
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
Blur is shutting down its website, so why are NFT collectors cheering?
Blur’s planned website closure revived criticism of the royalty policies and token rewards that helped it overtake OpenSea during the NFT boom, but hurt…
Tokenized SanDisk bets saw more liquidations than XRP as Asia’s chip rout wipes out $800 million
About $800 million in leveraged positions were wiped out over 24 hours, 86% of them bullish. Chipstock contracts on crypto exchanges took a chunk of the…
Binance to shut down crypto mining pool services in November
Binance will discontinue its mining pool and related services on Nov. 10, urging miners to move to alternative pools before the shutdown. Source:Cointelegraph
Bitcoin rebounds above $83,000 as it decouples from tumbling Korean stocks and Nasdaq futures
Bitcoin climbed back above $83,000 after an early dip, decoupling from a sharp slide in Korean chip stocks and weakness in Nasdaq futures ahead of Thursday’s…
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