The S&P 500 Index (SPX) continued its march toward its all-time high with a 3% gain in July. Signs of receding inflationary pressures and expectations of an end to the Federal Reserve’s tightening cycle are the factors that boosted risk-on sentiment. However, this bullish mood did not benefit Bitcoin (BTC) as it largely remained range-bound
Month: July 2023
Inflation came down a lot faster than most investors and analysts anticipated, reaching 3% in June. The recession that most analysts predicted is nowhere to be seen, according to the 3.6% unemployment rate nearing a 50-year low and the S&P 500 Index showing a 19% gain year-to-date. While the current market performance may lead investors
Florida Governor Ron DeSantis pushed a platform based partly on “economic independence” in his 2024 presidential campaign, specifically calling out policy on digital currencies. Speaking at a campaign event in New Hampshire on July 31, DeSantis reiterated his plans of banning central bank digital currencies, or CBDCs, should he win the Republican nomination and presidential
Advertisers and businesses will now be able to auto-generate advertisements on Google Ads platform, said Dan Taylor, vice president of global ads at Google. Using Large Language Models (LLMs) and generative artificial intelligence (Gen AI), Google Ads will be able to create campaign workflows based on business prompts given by marketers. “It learns from the
CNBC/Kif Leswing SAN FRANCISCO —Elon Musk marked San Francisco as the spot for X Corp. over the weekend, erecting a giant glowing X sign on top of the headquarters of the company on Friday. On Monday, CNBC saw workers dismantling the glowing X, removing its lights and an arm of the letter, after the construction
Google is reportedly working on the next iteration of Pixel Watch, which could be launched later this year. The successor to Pixel Watch has been in the rumour mill for some time now, with leaks revealing some of the expected features and details of the purported smartwatch. In the latest development, the watch faces of
Jul 31, 2023THNCyber Threat / Botnet The P2PInfect peer-to-peer (P2) worm has been observed employing previously undocumented initial access methods to breach susceptible Redis servers and rope them into a botnet. “The malware compromises exposed instances of the Redis data store by exploiting the replication feature,” Cado Security researchers Nate Bill and Matt Muir said
After years of leaving 39,712 Ether (ETH) locked at the Ethereum Name Service (ENS) auction, a whale using the domain “darkmarket.eth” has reclaimed the digital assets and transferred over $119 million in ETH to a new wallet. After 2.7 years of dormancy, darkmarket.eth reclaim 39,712 $ETH ($74.17M) locked in the ENS auction just now. And
iPhone 15 series — comprising the iPhone 15, iPhone 15 Plus, iPhone 15 Pro, and iPhone 15 Pro Max — are expected to make their debut this year. Apple’s next generation of iPhone models are likely to bring several hardware upgrades, according to details that have recently surfaced online. The iPhone 15 models are said
Bitcoin (BTC) heads into a new week and a new monthly close still stuck in one of its narrowest ever ranges. Acting in an area just below $30,000, BTC price performance has frustrated or simply bored traders over the past week — could a breakout come next? This is the question on every market participant’s
Authorities in the town of Miri on the island of Borneo shut down an illegal cryptocurrency mining operation and seized equipment following a tip-off from the public. According to local news outlet The Borneo Post, Sarawak Energy discovered the operation, which included 34 cryptocurrency mining servers operating using stolen electricity through cable tapping. Authorities seized all
Just when you thought the withdrawal symptoms from the end of prime HBO shows like Barry and Succession were only going to get stronger, August is coming in hot with some absolute bangers. Netflix’s adaptation of the acclaimed manga/ anime One Piece is easily the saving grace this month, where an ambitious pirate with a
This illustration photo taken on July 24, 2023 shows the Twitter bird logo upside down in the background of Elon Musk’s screen advertising an “X” as a replacement logo, in Los Angeles. Chris Delmas | AFP | Getty Images X, formerly known as Twitter, has officially retired its famous blue and white bird logo. The
Fire-Boltt Gladiator Plus smartwatch has been launched in India under Rs. 3,000. The smartwatch comes with a 1.96-inch AMOLED display with a resolution of 410×502 pixels and 60Hz refresh rate. The display can reach up to 600 nits of peak brightness. The smartwatch features Bluetooth calling and smart health sensors like a heart rate monitor,
Jul 31, 2023THNWebsite Security / WordPress Multiple security vulnerabilities have been disclosed in the Ninja Forms plugin for WordPress that could be exploited by threat actors to escalate privileges and steal sensitive data. The flaws, tracked as CVE-2023-37979, CVE-2023-38386, and CVE-2023-38393, impact versions 3.6.25 and below, Patchstack said in a report last week. Ninja Forms
Memecoin madness has arrived on Coinbase’s Ethereum layer-2 scaling solution Base, bringing with it everything from remarkable shitcoin surges to classic token rug pulls. On July 30, memecoin traders were snapping up a suite of questionable tokens on Base, with one Brian Armstrong-themed memecoin dubbed “BALD” experiencing a 289,000% gain within the first 14 hours
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