Saudi Aramco Reports 23% Drop in Q3 Profit Amid Oil Price Pressures
Key Insights Saudi Aramco reported a 23% drop in net profit for Q3 2023, citing lower crude oil prices and…
OpenAI Launches GPT-4 Turbo, A More Powerful AI Model
Key Insights OpenAI launched GPT-4 Turbo, a more powerful AI model with knowledge extending to April 2023. OpenAI democratizes AI…
UK Regulators Unveil Plans to Regulate Crypto and Stablecoin Sectors
Key Insights The BOE and the FCA have revealed their roles in regulating the cryptocurrency and stablecoin sectors in the…
XRP Surges 11% to Become Top-Performing Cryptocurrency
Key Insights XRP has surged over 11% in the past 24 hours, outperforming major cryptocurrencies like Bitcoin and Ethereum. Trading…
Elon Musk’s xAI Launches Grok, an AI Chatbot with Real-Time Knowledge
Key Insights Elon Musk’s new startup xAI has released an AI chatbot called “Grok” to compete with ChatGPT. In academic…
Oil Prices Show Resilience Amid Supply and Demand Worries
Key Insights Brent crude and WTI see modest upticks despite an overall bearish sentiment in oil markets. Concerns linger over…
SBF Found Guilty on All 7 Counts in FTX Fraud Trial
Key Insights Sam Bankman-Fried (SBF) has been found guilty on all counts related to a massive fraud case. SBF is…
SEC Issues Subpoena to PayPal Over PYUSD Stablecoin
Key Insights The U.S. SEC has issued a subpoena to PayPal, focusing on its U.S. dollar-pegged stablecoin, PYUSD. PayPal launched…
Fed Holds Rates Steady But Signals Prolonged Hiking Campaign Ahead
Key Insights The Federal Reserve left interest rates unchanged at 5.25-5.5% after recent aggressive hikes to combat inflation. The Fed…
WalletConnect Blocks Russian Users to Comply with Sanctions
Key Insights WalletConnect has blocked access for Russian users to adhere to escalating sanctions related to the conflict in Ukraine.…