The Chen Zhi Crypto Scam has stunned the world — a story of a young entrepreneur who rose from obscurity to become one of Southeast Asia’s most powerful businessmen, only to be accused of masterminding one of the largest cryptocurrency frauds in history. According to the US Department of Justice, Chen Zhi — the 37-year-old…
Bitcoin experienced one of its sharpest declines of the year on Friday, plunging from around $118,000 to just above $100,000 in a matter of hours. The dramatic sell-off followed a surprise policy announcement by United States President Donald Trump, who unveiled sweeping 100% tariffs on Chinese technology exports, reigniting fears of a global trade war…
India GIFT City foreign currency settlement system was unveiled this week to allow authorized banks and financial institutions to settle USD, EUR and other major currency payments directly through GIFT City, bypassing foreign correspondent banks. This direct settlement model is expected to reduce fees, cut delays, and strengthen India’s position in global trade and finance….
The AI HPC Bitcoin miners market witnessed a major rally as Advanced Micro Devices (AMD) shares surged 30% following news of a landmark multi-billion-dollar deal with OpenAI. The agreement, which could give OpenAI up to a 10% equity stake in AMD, marks one of the most significant partnerships in the rapidly expanding artificial intelligence and…
The newly unveiled Galaxy Yield App — known officially as GalaxyOne — has positioned Galaxy Digital as one of the newest and most formidable entrants in the competitive U.S. retail investing market. The mobile and web-based platform offers users between 4% and 8% annual yields on cash deposits while integrating crypto, stocks, and ETFs under…
The launch of the Xiaomi 15T and 15T Pro smartphones in Munich marks a pivotal moment in the Chinese tech giant’s global journey. Known for aggressively priced yet high-spec devices, Xiaomi has now taken a major step to challenge Samsung head-on, not only in smartphones but also in the wider home appliance sector. With competitive…
How will the West use Russia’s frozen assets — that is the pressing question shaping international financial and political debates more than three years after Moscow’s invasion of Ukraine. When Western nations froze around $300 billion of Russia’s central bank reserves in 2022, it was an unprecedented act of financial warfare. Now, the focus has…
Adani SEBI clearance has given the Adani Group a partial victory, with India’s market regulator clearing the conglomerate of key allegations made by US short-seller Hindenburg Research. India’s Securities and Exchange Board (SEBI) announced Thursday that there was no evidence of the Adani Group using related-party transactions to funnel funds into its listed companies. The…
Fed Meeting September 2025 has captured the attention of investors and economists as the Federal Reserve is widely expected to cut its key fed funds rate for the first time in nine months. The decision will be announced at 2 p.m. ET today, followed by a press conference from Federal Reserve Chair Jerome Powell at…
Tech-Free Bedrooms for Teens are becoming a popular way to help young people sleep better, focus more, and reconnect with their families. In today’s always-connected world, this might sound like an impossible challenge — but what happens when teenagers actually try it? A group of students from Bradford, the 2025 UK City of Culture, decided…
