Circle raises USDC cash-out fees, affecting large-scale redemptions
Source: Coin Tegraph The fee structure revision primarily affects institutional investors and high-volume traders. Read Full Article
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/cdn.vox-cdn.com/uploads/chorus_asset/file/25137776/STK115_Reddit_02.jpg?w=600&resize=600,400&ssl=1 "Reddit is profitable for the first time ever, with nearly 100 million daily users")
Reddit is profitable for the first time ever, with nearly 100 million daily users
Source: The Verge Reddit just turned a profit for the first time. As part of its third-quarter earnings results released on Tuesday, the company reported a profit of $29.9 million, along with $348.4 million in revenue — a 68 percent increase year over year. The company hasn’t been profitable at any point in its nearly…
AWS launches in-line Q Developer AI coding assistant to take on Microsoft’s Github Copilot
Source: Venture Beat Amazon Q Developer’s inline chat feature demonstrates its potential through practical applications like code refactoring and documentation. Read Full Article
President Biden thanks Nigerian President for Binance exec’s release
Source: Coin Tegraph A former IRS special agent and Binance’s head of financial crime compliance, Tigran Gambaryan had been in Nigerian custody with reports of deteriorating health since February. Read Full Article
OMC Q2 Review: IOC, HPCL, BPCL report double-digit fall in net profit on weak refinery margins, LPG loss | Stock Market News
Source: Live Mint OMC Q2 Review: Oil marketing companies (OMCs), including Indian Oil Corp Ltd (IOCL), Bharat Petroleum Corporation Limited (BPCL), and Hindustan Petroleum Corporation Ltd (HPCL), reported a double-digit decline (between 70-99 per cent) in their respective net profit during the July-September quarter for fiscal 2024-25 (Q2FY25). Along with weaker refinery margins, OMCs also…
/cdn.vox-cdn.com/uploads/chorus_asset/file/24016886/STK093_Google_03.jpg?w=600&resize=600,400&ssl=1 "Google accused of violating labor law for asking workers to ‘refrain’ from talking about antitrust case")
Google accused of violating labor law for asking workers to ‘refrain’ from talking about antitrust case
Source: The Verge The Alphabet Workers Union filed a charge against Google with the National Labor Relations Board after Google management asked workers to “refrain” from talking about its ongoing Search antitrust case. The union charges that Google issued an “overly broad directive” on discussing the case to employees, according to a copy of the…
Major Scandal At DWF Labs: Partner Dismissed Over Serious Drink Spiking Claims On X | TheSpuzz
Source: Bitcoinist DWF Labs, a Web3 investment and market-making firm, is currently embroiled in a scandal following serious allegations made by a user on the social media platform X (formerly Twitter) on Tuesday. DWF Labs Partner Accused Of Spiking Drink The individual, known as “Hananotsorry,” claims that a partner at DFW Labs drugged her during…
Bitcoin miners cut costs, embrace AI post-halving: CoinShares
Source: Coin Tegraph Miners including Cormint and TeraWulf are among the lowest-cost producers of Bitcoin, an important advantage amid tightening margins, CoinShares said. Read Full Article
/cdn.vox-cdn.com/uploads/chorus_asset/file/25541278/STK205_KAMALA_HARRIS_CVIRGINIA_C.jpg?w=600&resize=600,400&ssl=1 "An Elon Musk-funded super PAC is putting out fake pro-Harris ‘Project 2028’ ads")
An Elon Musk-funded super PAC is putting out fake pro-Harris ‘Project 2028’ ads
Source: The Verge If you’re a swing state voter, you may have seen ads claiming that vice president Kamala Harris wants to institute a mandatory gun buyback program and make it easier for undocumented immigrants to get driver’s licenses. These ostensibly pro-Harris ads are the product of Progress 2025, a campaign designed to look like…
Is Ethereum Finished? Expert Says ‘No Hope Left’ For Ether Anymore | TheSpuzz
Source: Bitcoinist For years, Ethereum has established itself as the second-best competitor to Bitcoin regarding technology, innovation, and use cases. If many consider Bitcoin as ‘digital gold,’ Ethereum would be ‘digital silver.’ However, just like Bitcoin, Ethereum has been the subject of many criticisms and attacks, and many have claimed that its popularity will end….