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MediaTek’s stock has surged over 20% this week, marking its best performance in more than a decade, driven by Google’s AI chip advancements and collaborations on tensor processing units (TPUs) that position the company as a key player in AI hardware alongside Nvidia. MediaTek partners with Alphabet on TPUs, emerging as a rival to Nvidia […]
Bitcoin has declined 16.8% in November 2025, marking a significant pullback after earlier yearly gains. Historical data shows December averaging a 4.75% gain, often providing a rebound opportunity when November losses stabilize, potentially signaling renewed bullish momentum for the cryptocurrency market. Bitcoin’s November 2025 decline of 16.8% aligns with past late-cycle corrections following strong prior […]
The Bank of Japan is likely to hike interest rates soon due to stable 2.8% core inflation in November, exceeding forecasts and signaling persistent price pressures that could impact global markets including cryptocurrencies. Core inflation held at 2.8% in November, matching October and surpassing the 2.7% forecast, bolstering expectations for a Bank of Japan interest […]
South Korean police officers face indictment for accepting bribes from operators of illegal crypto exchanges involved in laundering $186 million from voice phishing scams, highlighting vulnerabilities in law enforcement oversight within the cryptocurrency sector. Two high-ranking officers removed from duty after arrests tied to a major crypto money-laundering operation. Prosecutors allege the officers received cash […]
FC Barcelona’s sponsorship with Zero Knowledge Proof (ZKP), a Samoa-registered startup, has sparked controversy over transparency and risks to fans. The three-year deal positions ZKP as the club’s blockchain partner, but concerns arise from the firm’s opaque leadership, token sales, and ties to controversial figures, potentially misleading supporters into unstable crypto investments. Barcelona’s financial pressures […]
Balancer’s exploit recovery plan aims to distribute approximately $8 million in rescued funds back to affected liquidity providers across multiple networks, following a major DeFi incident that drained over $128 million from V2 pools. This non-socialized approach ensures proportional reimbursements based on pre-exploit holdings, with whitehat bounties capped at 10%. Balancer identified six whitehat actors […]
Bitcoin is currently trading within a Descending Broadening Wedge pattern on the 4-hour chart, signaling potential volatility as it approaches the $100,000 resistance level. Strong buyer demand at the lower boundary has driven a rebound, positioning BTC near $91,656 with optimism for a December rally fueled by rate-cut expectations. Bitcoin’s price is rebounding inside a […]
The UK government has introduced a “no gain, no loss” policy for decentralized finance transactions, deferring capital gains taxes on crypto lending and liquidity pool activities until tokens are sold. This change aims to align tax rules with the economic reality of DeFi, benefiting users by reducing immediate tax burdens. HMRC’s proposal applies a “no […]
OpenAI’s partners have collectively borrowed nearly $100 billion to fund the massive computing infrastructure required for its AI models. This debt-financed strategy allows OpenAI to scale without direct financial risk, leveraging external balance sheets from firms like Oracle, SoftBank, and CoreWeave to meet surging global demand for advanced AI capabilities. Major players including Oracle, SoftBank, […]