U.S. Unemployment Rate Reduce to 3.5% in December.
The 3.5% rate reported in the official report was lower than expected (3.7%).The data revealed that median hourly wages increased by 0.30 percent last month.The U.S. jobless rate reportedly hit…
Researchers in China claim 48-bit encryption was cracked with quantum computing.
In a scientific paper titled “Factoring integers with sublinear resources on a superconducting quantum processor,” a group of Chinese researchers claimed that they could crack RSA encryptions on phones, data…
Creator of Mutant Ape Planet Arrested for Scam.
Allegations are that Michel stole over $3 million from investors in a rug pull scam.This collection has 6,797 NFTs that have been uploaded to the Ethereum blockchain.Mutant Ape Planet, the…
Genesis a Crypto Lending Firm to Sack Staffs and File for Bankruptcy.
Embattled crypto lending firm Genesis is reportedly considering filing for bankruptcy. According to a Jan. 5 report by the WSJ citing ‘people familiar with the matter,’ Genesis is mulling a…
LG to incorporate the metaverse to TV as they plan with partner.
Oorbit and Pixelynx, companies developing metaverse technology, have joined forces with South Korean tech giant LG Electronics to bring the metaverse directly to its smart TV viewers. Co-founder and Oorbit’s…
Amazon to Sack another 17000 Employees due to Global Economic Distress.
The worldwide spread of the Covid virus really helped the firm earlier.As of the third quarter of 2022, Amazon had 1.5 million employees.Amid growing economic uncertainty, Amazon froze new hires…
Shiba Inu $BONE Price rises 14% in a Day
Bone ShibaSwap ($BONE) price has increased by over 14.5%in a day. Shiba Inu developer clarified the rumors around the $SHIB ecosystem. Shiba Inu Much-awaited layer 2 upgrade “Shibarium” governance toke…
Y-Combinator caution portfolio companies that 2023 may prove difficult for Businesses.
Y-Combinator (YC) expects even more economic turmoil in 2023. It advises project leaders to revert to “survival” mode as fundraising could be challenging in the next few months. In a…
Crypto Whales transferee $366 Million Worth of XRP Tokens
The biggest single transaction recorded by the tally, 500M XRP tokens were exchanged. A “whale” sent around 40 million XRP to the Bitstamp cryptocurrency exchange.In the last several weeks, the…
Algorand Blockchain Completes One Billion Transactions Milestone.
The team also asked the community to stay tuned for a surprise.The price of ALGO went up around 5% in the last 24 hours as per CMC.On Wednesday, Blockchain Protocol…