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MYX Finance Lost 70% In a Week: What Triggered the Sharp Sell-Off?
MYX Finance has posted one of the steepest weekly drawdowns in the digital asset market. The token plunged 72% over the past seven days, underperforming most comparable altcoins. The sell-off erased m...
AI Worries Erase $1 Trillion From Big Tech Firms
Is artificial intelligence going to disrupt broad swaths of the economy? Or are tech giants like Amazon, Google and Meta funneling hundreds of billions into the sector with no sign of results? ...
Amazon Spends $200 Billion on AI Amid Cloud Competition
Amazon is undertaking its largest-ever capital spending program, set to reach $200 billion this year. This effort is being launched as part of a strategic reset due to fears that Amazon’s...
Gen Z Investments Soar as Housing Costs Move Out of Reach
Cut off from the housing market, Generation Z is reportedly turning to the stock market. The number of people between 25 and 39 making yearly transfers to investment accounts more than trip...
X Preps Crypto Trading Launch With Payments System Being Tested
X is reportedly set to allow users to trade socks and cryptocurrencies on their timelines. That’s according to a report Sunday (Feb. 15) from Coindesk, which characterizes this developmen...
Fraud Ring Allegedly Drains $55,000,000 From Seniors in Nationwide ‘Gold Bar Scam’ – Why Authorities Are Raiding Jewelry Stores in Texas
Authorities in Texas say they’ve uncovered a nationwide scam that’s drained $55 million from hundreds of elderly vic...
Los Angeles Charity Director Accused of Stealing $10,000,000, Spending Funds for Homeless on Lavish Lifestyle
The director of a Los Angeles-based charity is accused of stealing at least $10 million from a trove of cash that was meant to help the homeless. The U.S. Department of Justice says 42-year-old Abunda...
Deloitte Shares Insights on Navigating AI enabled Digital Transformation of Business Environment
Deloitte has released seemingly pivotal surveys highlighting critical challenges for family-owned enterprises and corporate strategy leaders. These reports underscore the tensions between long-term pl...
Hex Trust Partners With Solana-Focused Jito Foundation
Hex Trust, a digital assets financial service provider specializing in markets services, custody, and staking, this week announced its official partnership with Jito Foundation, a Solana-focused proto...
Morgan Stanley Seeks Crypto Talent to Build DeFi and Tokenization Infrastructure
Morgan Stanley, the $9 trillion banking giant, is aggressively advancing its crypto infrastructure capabilities in DeFi and real-world assets tokenization. The move aligns with a broader wave of t...
Newswire > Tag: digital
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