Industry News
AI

Bitcoin Miner Core Scientific May Exit Crypto Holdings for AI Business Pivot

Core Scientific, a major Bitcoin mining company, is considering selling its entire cryptocurrency portfolio to fund expansion into artificial intelligence…
Mar 3, 2026
Fintech

Stablecoin Company Circle Sees Stock Jump 20% as Investors Seek Stability

Circle, the company behind the popular USDC digital dollar, has experienced a significant stock price increase of about 20% following…
Mar 3, 2026
Industry News

Global Watchdog Flags Growing Stablecoin Abuse in Financial Crime

International finance regulators warn that stablecoins – digital currencies pegged to traditional assets like the dollar – are increasingly exploited…
Mar 3, 2026
Fintech

Gaming Giant Sea Sees Profits Soar 360% as Digital Payments Drive Growth

Sea Limited’s transformation from a gaming company into a comprehensive digital financial services provider paid dividends with extraordinary profit growth…
Mar 3, 2026
Industry News

Rising Oil Prices and Yen Weakness Signal Shift in Global Risk Management Strategies

Traditional safe-haven currencies like the yen are showing vulnerability as energy costs surge due to Middle East tensions, prompting investors…
Mar 3, 2026
DeFi

Sentora Platform Loses $340 Million as Crypto Investors Pull Back

Digital asset risk management platform Sentora experienced major withdrawals, with total locked funds dropping over one-quarter to $980 million yesterday.…
Mar 3, 2026
Industry News

Why Crypto Prices Dropped Today: Dollar Gains Amid Middle East Concerns

Cryptocurrency values declined sharply Tuesday as traditional market dynamics reasserted themselves following geopolitical developments in Iran. The strengthening U.S. dollar,…
Mar 3, 2026
Industry News

Major Japanese Tech Firms Team Up on Next-Generation Chip Manufacturing

Technology companies Rapidus and Canon have formed a partnership focused on producing ultra-advanced 2-nanometer computer chips domestically in Japan. This…
Mar 3, 2026
Industry News

International Sanctions Disputes Drive Digital Currency Adoption

Diplomatic tensions between Iran and US allies are pushing nations toward digital payment alternatives and blockchain-based settlement systems. Financial institutions…
Mar 3, 2026
Industry News

Motor Manufacturer Nidec Discovers Accounting Fraud, Faces Billion-Dollar Losses

Electronics component maker Nidec revealed accounting irregularities that could result in $1.6 billion in asset writedowns. The Japanese company launched…
Mar 3, 2026