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Over 90% of Stablecoin Transaction Volumes Come from Automated Bots Rather Than Actual Users: Study

A recent study reveals that over 90% of stablecoin transaction volumes are not from consumers. An illustration picture taken in London on May 8, 2022, shows gold plated souvenir cryptocurrency Tether (USDT), Bitcoin and Etherium coins arranged beside a screen displaying a trading chart.


Gates Foundation Partners With Novo Nordisk and Wellcome Trust in $300 Million Initiative to Advance Global Health Research

The Bill & Melinda Gates Foundation, Novo Nordisk Foundation, and Wellcome Trust collaborated to solve global health concerns using science and technology.

Rue21 Apparel Stores Set to Close in the Coming Weeks After Filing for Third Bankruptcy

Rue21 has announced that it will be shutting down all of its 540 locations in the coming weeks. Popular teens clothing retailer Rue21 is shutting all 540 of its locations in the the coming weeks as it declares bankruptcy after almost 50 years in operation.

American Businessman Accused of Hiring Hitman to Kill His Wife for Massive Insurance Money Admits Funneling Millions to Lover's Business

An American businessman is currently on trial in Jamaica for allegedly hiring a hitman to kill his wife to collect a massive life insurance payout.


Latest News

CVS Pharmacy
A Florida Costco customer has filed a lawsuit against three pharmacies and their respective pharmacists, claiming that a pharmacist gave him Adderall, which put him into a psychotic state.
 Heineken Announces £39 Million Investment to Reopen 62 Closed UK Pubs
The focus of the investment will be on reopening 62 pubs that were previously closed and renovating 94 existing outlets.
Alipay+
Chinese fintech firm  Ant Group wants to expand globally by linking mobile payment apps with Alipay+.
Donald Trump, Republic National Committee Rake in Over $76 Million in April as Fundraising War With Joe Biden Heats Up
Former President Donald Trump's election campaign and the Republican National Committee (RNC) disclosed on Saturday that they collectively raised more than $76 million in April.
Twitter Founder Jack Dorsey Leaves BlueSky Board a Few Months After Deleting His Own Account on the Social Network
Twitter founder Jack Dorsey has left the board of Bluesky, the decentralized social media platform he co-founded.
Warren Buffett Issues Grave Warning About AI, Saying It Would Make Scams Far More Convincing, Revving Up Fraud
Berkshire Hathaway Chairman and CEO Warren Buffett has warned about AI scams. Berkshire Hathaway Chairman and CEO Warren Buffett has warned about artificial intelligence (AI) scams, which he believes could evolve into "the growth industry of all time.
Biden Administration's Pending Marijuana Reclassification Could Lead to Huge Tax Cut for Cannabis Companies
Led by the US Drug Enforcement Administration (DEA), this proposed change acknowledges cannabis's medical benefits and lower abuse potential than other controlled substances.
Berkshire Hathaway's Brooks Running CEO Deems China, Europe as Growth Areas
Brooks Running's newly appointed chief executive has expressed optimism about the potential growth of the business in China and Europe.
Qantas Airlines Reaches $120 Million Settlement in ‘Ghost Flight’ Lawsuit
Qantas has agreed to pay $120 million to resolve allegations of misleading customers regarding ticket sales on so-called "ghost flights.”
Body Found After Pacific Adventure Cruise Ship Passenger Fell Overboard Near Sydney Harbor
A body has been found during the search for a person who was reported missing after falling overboard from a cruise ship in the waters near Sydney.