South Korea Exchange Association Petitions OKX for Offering Services Without Approval
A group of cryptocurrency exchanges known as the Digital Asset Exchange Alliance (DAXA) has reported rival OKX to the financial authorities in South Korea. According to a Feb 7 report, OKX faces regulatory scrutiny by South Korean authorities after a report
Aave Stablecoin GHO Hits $1 Peg After Six Months – Here’s More
Aave’s GHO stablecoin has hit the $1 mark after trading below the peg for over six months since its launch in July 2023. The asset’s price hit $1 on Feb 6 following efforts from the wider community, which included integrations with
Crypto Custody Firm Fireblocks Latest to Cut Jobs Amid Tech Layoffs
Crypto custody provider Fireblocks has announced a reduction in its workforce as part of a restructuring effort. In a recent interview with Bloomberg, Fireblocks said it has been working on restructuring its go-to-market and customer support operations over the past six
Promising new NFTs: DogeBirds, Moonbirds on Dogecoin
Dogebirds: Going to fly to the moon? Dogebirds is a new collection of Moonbirds registered on the Dogecoin blockchain. It’s a winning combo. Its launch is eagerly awaited, and is scheduled for early February on the reference site drc-20.org: https://drc-20.org/launchpad You can find
Singapore’s Rise as a Global AI Innovator
Singapore’s Rise as a Global AI Innovator Singapore’s strategic initiatives position it as a “very high” potential global AI hub. The AI Trailblazers initiative and National AI Strategy 2.0 highlight its commitment to fostering AI innovation. Collaborations with Google Cloud and other tech
Heroes of Mavia’s Astonishing Surge: Why Is It rallying?
Heroes of Mavia’s Astonishing Surge: Why Is It rallying? Heroes of Mavia token (MAVIA) has recently witnessed an extraordinary surge in value. Its price soared by 83.09% within the last 24 hours, reaching $3.95. This remarkable growth was accompanied by a
What Does Other Comprehensive Income Represent Exactly?
What Does Other Comprehensive Income Represent Exactly? Key Takeaways: OCI enhances financial transparency and reveals how a company manages investments. It helps assess foreign exchange dynamics and their impact on shareholders’ equity. OCI aids in evaluating potential pension liabilities on unrealized profits. Distinguishing between P&L
SPACE ID’s Price Jumped By 81.42%. Will It Continue Growing?
SPACE ID’s Price Jumped By 81.42%. Will It Continue Growing? SPACE ID (ID) has captured the attention of market spectators and investors with a significant price increase. It traded at $0.503 today, marking an impressive 81.42% jump over the last 24
German Industrial Output Dips 1.6%, Defying Forecasts
German Industrial Output Dips 1.6%, Defying Forecasts German industrial production fell 1.6% in December, a steeper decline than the 0.4% analysts’ forecast. Energy-intensive sectors saw a significant 5.8% decrease, with notable downturns in the chemical and construction industries. Despite an 8.9% surge in
