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Aberdeen-based energy solutions company OEG has been awarded a multi-million dollar long-term contract extension to provide assistance during drilling activities off the coast of Australia. Bass Strait; Source: Woodside With a multi-year contract extension, OEG will support offshore drilling operations…
The Ethereum Foundation has withdrawn over 21,000 ETH from Lido after weeks of earlier executing backlog activity and multiple OTC treasury sales tied to operational funding. summary The Ethereum Foundation has withdrawn 21,270 ETH from Lido after weeks of previous…
A period of consolidation within the $75,000 – $80,000 range means that the market is experiencing some form of calm after a period when there was an upward trend in the price. History shows that during such moments, there comes…
Two prominent cryptocurrency analysts separately pointed to what they described as an important technical setup for the price of XRP, with one pointing to a chart structure it has been tracking since October 2023 that continues to map the asset’s…
short Baidu says ERNIE 5.1 pre-training costs just 6% of what similar AI models spend Despite this, the model is ranked fourth globally in the LMArena search leaderboard. Baidu has compressed the model to approximately one-third of the total parameters…
A draft of the new CLARITY law has been released. This draft aims to resolve major concerns related to the cryptocurrency industry. The ethical rules remain unclear, making Democratic support uncertain. The housing bill’s surprise inclusion adds controversy ahead of…
The American Bankers Association (ABA) is pushing for major changes to the Clarity Act, claiming that the draft cryptocurrency market structure bill could put bank deposits at risk of losing ground to stablecoins. Last week, the Senate Banking Committee announced…
Americans have spent an additional $37.6 billion on gasoline and diesel since the outbreak of war with Iran on February 28. This data comes from a live tracking tool from Brown University’s Watson School of International and Public Affairs. The…
In the foreign exchange market, the price rarely moves based on data alone. Beneath the headlines about interest rate decisions and GDP results lies a more subtle and powerful driver: the collective sentiment of millions of traders simultaneously betting on…
American Bankers Association (ABA) CEO Rob Nichols sent a state of emergency on Sunday letter to every bank CEO in the country, urging “immediate engagement” against what he called a stablecoin yield loophole in the Digital Asset Market Clarity Act,…
