December, 2024

December, 2024

Investors Withdraw Nearly $4,000,000,000 Worth of Bitcoin From Crypto Exchanges Over Past Week, Says Analyst
A closely followed on-chain analyst says that investors are pulling out massive amounts of Bitcoin (BTC) over the last week. Popular analyst Ali Martinez says in the second week of December, market pa...

Binance Triggers Rallies With Surprise Listing Announcement for Cat-Themed Memecoin and NFT Project
One feline-inspired memecoin is surging after a surprise listing by Binance, the world’s largest crypto exchange in the world. In a new announcement, Binance says that Simon’s Cat (CAT) will be av...

Lululemon Faces Challenges in Domestic Market Despite Global Success
For Lululemon, the third quarter of 2024 marked an interesting contrast in its performance across different regions. While the company saw impressive global growth, especially in international markets...

TikTok Asks Supreme Court for Emergency Injunction of US Ban
TikTok asked the Supreme Court on Monday (Dec. 16) for an emergency injunction of the U.S. law that would force the app’s owner to sell it or see it banned in the country. The company is seeking an ...

FDIC Finds More ‘Problem Banks,’ Now at 3-Year High
The Federal Deposit Insurance Corp.’s roster of “problem banks” continues to grow. The overall number of those banks — 68 as of the end of the third quarter, up two banks from the second quart...

Google’s Gemini 2.0 Promises Autonomous Control of Complex Business Tasks
A subtle but potentially significant shift is occurring in artificial intelligence (AI). Machines are advancing beyond processing commands to undertaking tasks with more autonomy. Google’s release o...

Rhode Island Urges Residents to Protect Personal Information Amid Data Breach
Rhode Island is urging the state’s residents to protect their personal information amid a data breach of RIBridges, a system that handles many of the state’s social services programs. The state’...

CARD.com Taps Visa Direct to Expand Financial Services Globally
CARD.com now enables its users to make cross-border payments via Visa Direct. This offering results from a collaboration between CARD.com, which is a FinTech specializing in mobile banking and card pa...

AI Companies Receive 42% of US Venture Capital Investment
Venture capital in the U.S. has moved to artificial intelligence (AI) companies at an “unprecedented” rate, HSBC Innovation Banking said Monday (Dec. 16). The scale of capital invested in AI compa...

Ripple Prepares to Bring Stablecoin to Global Exchanges
Blockchain firm Ripple says it is preparing to bring its stablecoin to the world’s exchanges. The dollar-backed Ripple USD (RLUSD) will be available beginning Dec. 17, the company announced Mond...

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