Finance
Elon Musk's Starlink received anticipated state approval from India's Department of Telecommunications on Wednesday, TechCrunch confirmed with a senior official. The approval opens access to the world's second-biggest internet market after China, ending a three-year regulatory journey that began with SpaceX's failed
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Bangalore, India – June 5th, 2025 – Swiss blockchain company Fedrok AG has officially signed a memorandum of understanding agreement with Bangalore-based climate technology firm TechXEarthSpace to create and market tokenized carbon credits rooted in TechXEarthSpace’s advanced CO₂ removal, fracturing, capture, and underground storage technologies. The agreement, signed in Bangalore, marks
Finance
CNN reports that the U.S. Senate has advanced the GENIUS Act through a major procedural hurdle, positioning stablecoins for mainstream adoption. The Guiding and Establishing National Innovation for U.S. Stablecoins Act would establish the first comprehensive federal regulatory framework for stablecoin issuers in the United States. The legislation
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London, United Kingdom, May 2025 – Betelgeuse Trade announces the next stage of its strategic expansion, entering global competition with a unique model and a team that once stood behind the development of Binance and Bybit. Built by former engineers and product architects from two of the industry's most
Finance
Reuters reports that Brookfield Asset Management announced plans to invest up to 95 billion Swedish crowns ($9.9 billion) in developing artificial intelligence infrastructure in Sweden. The Canadian company will construct a 750-megawatt data center in Strängnäs, located 55 miles west of Stockholm, over the next 10 to 15 years.
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Cointelegraph reports that ConSensys has acquired crypto wallet infrastructure provider Web3Auth on June 2, 2025. The acquisition aims to improve MetaMask user experience by addressing seed phrase management challenges. ConSensys stated the deal will help reduce one of the biggest risks in self-custody today. Financial terms of the acquisition were
Finance
The United Kingdom economy grew by 0.1% in the fourth quarter of 2024, exceeding economist expectations and providing relief for Finance Minister Rachel Reeves, according to Reuters. The growth came after zero expansion in the third quarter and was driven by stronger-than-expected performance in December, when monthly GDP increased
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Misyon Bank showcases platform-first banking model and regional custody solutions at Europe's premier fintech event Amsterdam / Istanbul - Türkiye’s first custody-native, platform-based neobank, Misyon Bank, made a strong impact at Money20/20 Europe 2025, presenting its disruptive, non-product, platform-first banking model. The bank positioned itself as a
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June 3, 2025 - Sportsbet.io is thrilled to announce the signing of five new ambassadors, via its ‘Join the Crypto Experience’ program. Each brings their own flavour of excitement, creativity and passion as new members of Team Sportsbet.io. Hamza is first to the stage. A rising star in
Finance
Reuters reports the International Monetary Fund slashed its 2025 growth forecast for the United States by 0.9 percentage points to 1.8%. The downgrade came after President Donald Trump announced universal tariffs on nearly all trading partners in April. The IMF cited policy uncertainty and trade tensions as primary
Finance
Anthropic achieved $3 billion in annualized revenue by May 2025, according to CNBC. The San Francisco AI company generated this figure from current sales projected over a year. Revenue grew from nearly $1 billion in December 2024 to $2 billion by March 2025, then reached $3 billion at month'
Finance
China signed a convention on Friday establishing the International Organization for Mediation in Hong Kong, with representatives from more than 30 countries joining as founding members. Reuters reported that Chinese Foreign Minister Wang Yi presided over the ceremony at the Grand Hyatt hotel in Wan Chai. The new body aims