Arthera, a blockchain innovator, has unveiled BlazeDAG, a Directed Acyclic Graph (DAG)-based consensus protocol that shatters industry speed records with 850,000 transactions per second (TPS) and two-second finality. This groundbreaking technology addresses longstanding scalability and usability challenges, setting a new standard for blockchain performance. BlazeDAG’s seamless integration of cost predictability and accessibility makes it an…
Economy on The Soothsayer / page 20
Workers at Starbucks in the United States have gone on strike, citing unresolved issues over wages, staffing, and schedules. The strike, which started in Los Angeles, Chicago, and Seattle, is the latest in a series of labor actions in the US service industry. The Starbucks Workers United Union is demanding a 64% increase in the…
MEXC, a leading global cryptocurrency exchange, has announced the addition of 17 new languages to its website, bringing the total to 34 languages. This move aims to enhance the user experience, accelerate global expansion, and attract users from emerging markets. The platform has grown significantly in 2024, serving over 30 million users and recording a…
The US Consumer Financial Protection Bureau (CFPB) has filed a lawsuit against JPMorgan Chase, Bank of America, and Wells Fargo for allegedly failing to protect consumers from widespread fraud on the payments platform Zelle. The CFPB claims that the banks left the door open to scammers, ignored red flags, and abandoned consumers after fraud occurred,…
Solana, a cryptocurrency, is expected to breach the $1000 mark by 2025, but it needs to close above the $260 mark first. Meanwhile, Rexas Finance, a rising rival, is gaining popularity among elite investors and is expected to gain 23,000% to reach $34.5 by 2025. Rexas Finance enables anyone to purchase whole or fractional ownership…
Luigi Mangione, a 26-year-old Ivy League graduate, has been charged with murder and stalking in a New York court, raising the possibility of the death penalty. Mangione is accused of killing UnitedHealthcare executive Brian Thompson, and a notebook found in his possession contained handwritten pages expressing hostility towards the health insurance industry. The case has…
Meme coins are revolutionizing the cryptocurrency world with their unique blend of creativity, community, and potential. BTFD Coin, Turbo, Goatseus Maximus, Bonk, and Book of Meme are among the top contenders, each offering a distinct experience for investors. With their presales and listings gaining momentum, these coins are poised to make a significant impact in…
Taiwan’s chip industry is bracing for upheaval as President-elect Donald Trump’s return to office casts doubt on the CHIPS and Science Act, a signature initiative of outgoing President Joe Biden. The law aimed to boost domestic semiconductor research and manufacturing in the US, but Trump has blasted the legislation as “so bad” and accused Taiwan…
Ripple’s USD-backed stablecoin, RLUSD, has been approved by the New York Department of Financial Services, marking a significant turning point for the company. This development, combined with growing XRP Ledger use cases and whale activity, has sparked excitement in the cryptocurrency market. As a result, XRP’s price has seen a 1.32% daily rise and a…
Thousands of Amazon employees in the United States are set to go on strike during the busy Christmas period after union officials accused the retailer of refusing to enter negotiations for better pay and conditions. The Teamsters union, representing about 10,000 Amazon workers, claims that Amazon has ignored their demands for improved working conditions and…