Bitcoin, the cornerstone of the cryptocurrency market, is currently inching towards a new record value, but what is really driving its growth, and can it be sustained over the long run. Bitcoin, the original "cryptocurrency", has been on a wild ride since its creation in 2009. Earlier in 2024, the price of
Month: March 2024
European Union Investigating Tech Giants
The EU has announced a massive investigation into some of the biggest technology firms globally over uncompetitive business practices. Meta, Apple, and Alphabet, the company which owns Google, are being investigated into for potential breaches of the Digital Markets Act (DMA) introduced in 2022 by the European Union. The Act, was
Four Largest Ontario School Boards Sue Meta, TikTok, and SnapChat
Students are experiencing attention deficits, learning inability, and mental health crisis' because of prolific and compulsive use of social media products, a new lawsuit by Ontario's largest school boards states. On March 28th, 2024 the four largest school boards: Toronto District School Board (TDSB), Peel District School Board (PDSB), Toronto Catholic District
‘Pornification’ Trend Uncovered by Researchers
A startling new and dangerous trend indicates that women are more likely to create sexually explicit content to increase viewers with the intent of potentially monetizing their personal brand. A new study published in the journal of Humanities and Social Sciences Communications, had researchers conduct anonymous investigations on sexualized content delivered
BRICS Nations Developing a Global Payment System Based on Blockchain
BRICS grouping has been making efforts to reduce its reliance on settlements in U.S. dollars between the nations. The effort is part of a specific goal by the nations to increase their role in the international monetary system. The five-nation BRICS group comprising Brazil, Russia, India, China and South Africa are
EV Production Targets Require Nearly 400 New Mines by 2035
New study released by public policy consultants, find that nearly 400 new mines must be built by 2030 to provide the necessary minerals to meet international mandates for electric vehicles. This does not even include the materials needed for the electric grid infrastructure development as a result of increased EV
Crypto The Preferred Currency of Cyber Criminals
Cryptocurrencies are becoming a powerful tool for corruption, through the facilitation of organized crime with implications for enabling illicit finance and criminal activities globally. Cryptocurrencies are becoming an increasingly popular tool for organized crime groups (OCGs) and cybercriminals to conduct illicit activities around the world. OCGs can exploit the inherent
Special Crown Prosecutor Team Involved in UK’s Largest Bitcoin Seizure Ever
An ex-takeaway worker has been convicted of money laundering with the proceeds going to expensive Jewellery, Dubai properties, and a multi-million pound house in an affluent part of North London. Jian Wen, 42, who was once a Chinese Restaurant take-out worker was found guilty at Southwark Crown Court of
UN Resolution Would Have Israel Make A Deal with the Devil
In light of the recent debacle by the Biden Administration, Israel cancels Washington visit after US allows UN Gaza ceasefire resolution to pass. The UN security council has passed a resolution demanding an immediate ceasefire in Gaza as Israel seeks to have hostages returned from the Islamic terror group known as Hamas. For
Nigerian Military Rescues Abducted School Children
Over 130 children abducted from their Nigerian school in the northwestern state of Kaduna were rescued by the Nigerian Military nearly 3 weeks after the ordeal. All the rescued children abducted from Kaduna are currently receiving psychological support before being returned to their families, according to the West African nation’s military