Gautam Adani Overtaken Jeff Bezos As Second Richest Person In The World

Gautam Adani, the Indian tycoon who has risen rapidly up the wealth rankings this year, has surpassed Jeff Bezos to become the world's second-richest person. Adani, who began the year…

By Nasiru Abdulrasheed 3 Min Read

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IRS Introduces Revised Crypto Tax Form Without Address Disclosure Requirements

The U.S. Internal Revenue Service (IRS) has announced a major update to Form 1099-DA, the document used for reporting digital asset transactions. This revision introduces key changes aimed at addressing…

By Umar Faruq Tajudeen 3 Min Read

Nexio Secures $2.2M in Pre-Seed Funding and Unveils Parallelized Bitcoin Rollup to Transform Bitcoin Scalability

Nexio, a pioneering Bitcoin scaling solution utilizing parallelized rollup technology, has announced the successful raising of $2.2 million in pre-seed funding from a diverse group of prominent industry investors. This…

By Umar Faruq Tajudeen 3 Min Read

Russia Readies for Ukrainian Strikes with Fath-360 Iranian Missiles: Training Underway?

Russian Military Personnel Receive Training on Iran’s Fath-360 System, Raising Concerns of Escalating ConflictIn a significant development that could further intensify the ongoing conflict in Ukraine, dozens of Russian military…

By Rizwan Shah 3 Min Read

Bitcoin Bounces Back Above $60K as Ethereum Struggles, QCP Capital Report

QCP Capital reports that Bitcoin (BTC) has shown a strong recovery this week, stabilizing above the $60,000 range after a sharp drop below $50,000 on Monday. In contrast, the firm…

By Umar Faruq Tajudeen 3 Min Read

Mario Mosböck Partners With CoinPoker to Build the Best Online Poker Site, Showcasing PoR on the Blockchain

Online poker site CoinPoker has released a proof of reserves (PoR) report showing that user deposits are covered 1:1 in cold wallets, visible on the blockchain, alongside additional reserves in…

By Umar Faruq Tajudeen 2 Min Read

Celsius Files Billions of Dollars Lawsuits Against Cryptocurrency Companies Tether, Bancor, Compound, and Badger DAO

Defunct cryptocurrency lender Celsius Network has filed multiple lawsuits against several blockchain companies in an attempt to recover billions of dollars in funds for its creditors. On Friday, August 10,…

By Umar Faruq Tajudeen 2 Min Read

SEC Intensifies Scrutiny on Crypto Venture Capital Firms with 3 Subpoenas

The U.S. Securities and Exchange Commission (SEC) has ramped up its crackdown on the cryptocurrency industry, issuing subpoenas to at least three venture capital firms this year. This move underscores…

By Nasiru Abdulrasheed 3 Min Read

Tether Refutes Celsius Lawsuit, Calls It a “Baseless Shakedown” Attempt

Tether, the firm behind the USDT stablecoin, has come out swinging against a lawsuit filed by the beleaguered crypto lender, Celsius Network. Celsius, now in bankruptcy, is pursuing $2.4 billion…

By Nasiru Abdulrasheed 2 Min Read

Hamster Kombat Says It Defies Venture Capital Offers to Prioritize Community

Hamster Kombat, the popular Telegram-based mini-game, has reaffirmed its commitment to its vast community of over 300 million players, stating that it has not accepted any external investments. In a…

By Nasiru Abdulrasheed 4 Min Read

Nigerian Athletes Fail to Secure Medals at 2024 Paris Olympics

Nigeria's campaign at the 2024 Paris Olympics ended in disappointment, as the nation failed to secure a single medal, marking a significant setback for a country known for producing world-class…

By Nasiru Abdulrasheed 3 Min Read

Susan Wojcicki, Former YouTube CEO and Google Visionary, Passes Away at 56

Trailblazing YouTube Leader and Google Pioneer Susan Wojcicki Dies at 56Susan Wojcicki, the former CEO of YouTube who played a pivotal role in the platform’s tremendous growth and was one…

By Rizwan Shah 2 Min Read

China’s Extreme Heat Gives Birth to ‘Pregnant Cars’: How to Protect Your Vehicle

High Temperatures Cause 'Pregnant Cars': Warping, Bubbling, and Fading WrapsChina’s scorching heat wave is leading to a phenomenon among vehicles that experts are calling "pregnant cars." This term refers to…

By Rizwan Shah 2 Min Read

Kamala Harris and Donald Trump Locked in a Tight 2024 Election Battle on Polymarket

The 2024 US presidential race has taken a surprising turn, with Kamala Harris and Donald Trump now running neck-and-neck in a closely watched Polymarket bet. What was once a clear…

By Nasiru Abdulrasheed 2 Min Read

Ethereum Faces Challenges in Its Climb Towards $3,000

On August 8, Ethereum ($ETH) experienced a robust surge, climbing 16.2% in value. However, this upward momentum was short-lived. By August 9, Ethereum faced significant resistance, struggling to stay above…

By Nasiru Abdulrasheed 2 Min Read

Trump’s Helicopter Tale Debunked: Willie Brown Sets the Record Straight

Trump Mixes Up California Politicians in Helicopter Incident StoryDuring a recent press conference, former President Donald Trump recounted a dramatic tale of a near-disastrous helicopter ride, where he claimed to…

By Rizwan Shah 1 Min Read
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