The Federal Republic of Somalia Bans Telegram, TikTok
The Federal Republic of Somalia is the most recent nation to ban the cryptocurrency-friendly messaging app Telegram, joining TikTok and 1XBet. However, cryptocurrency investments are not banned in the country. The Somalian Ministry of Communications and Technology (MOCT) officially announced the shutdown of Telegram, TikTok, and 1XBet on August 20. On Sunday, MOCT Minister Jama […]
SBF Requests 5 Weekdays of Freedom From Legal Defense Work
Seven days after the Department of Justice revoked former FTX founder Sam Bankman-Fried’s (SBF) bond, he now requests permission to spend five weekdays outside working with his defense team. According to a letter sent to US District Judge Lewis Kaplan on Friday, as reported by Bloomberg, legal representatives of SBF stated that their client had […]
Bitcoin, Ether Price Dip Leads to $1B in Crypto Liquidation
The Bitcoin and Ethereum price decline on August 18 caused the top two cryptocurrencies to fall to a two-month low, prompting thousands of derivative traders to liquidate their positions. The crypto bloodbath resulted in liquidating hedged positions worth billions of dollars, and several traders lost millions of dollars in a single trade. According to CoinGlass […]
Google Integrates AI-powered Features to Its Search Engine
Google introduced a series of improvements to its search engine on August 15, including advanced generative artificial intelligence (AI) features that, according to the company, will improve online information discovery and comprehension. The most recent update extends the foundation of the company’s Search Generative Experience (SGE), which debuted in beta in 2023. SGE equips users […]
Will Bitcoin Crash? Find out the truth behind the speculation
In the past years, Bitcoin prices have had an up-and-down movement, now the question on many lips is the issue of whether Bitcoin will crash or not, in this article we will discuss some of the factors that may lead to Bitcoin crashing or encourage its mainstream adoption. The global financial system has been shaken […]