Billionaire Elon Musk has emerged as a major political figure in the United States, pouring millions into Republican Donald Trump’s presidential campaign and using his social-media platform to question vaccine safety and climate science. As a result, Musk is joining forces with Trump to downsize the US government, potentially slashing the budgets and workforces of…
finance on The Soothsayer / page 8
Bitcoin has reached new heights, surpassing $100,000 in value, and its supporters believe it will continue to soar. The cryptocurrency has gained legitimacy from governments, financial institutions, and investors, with some even predicting it will reach $1 million in value in the coming years. As governments and central banks explore the development of their own…
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…
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…
OpenAI has announced o3, its latest reasoning model, which is a significant improvement over its predecessor o1. o3 is a model family that includes o3 and o3-mini, a smaller, distilled model fine-tuned for particular tasks. OpenAI claims that o3 approaches Artificial General Intelligence (AGI) in certain conditions, but this achievement is still a subject of…
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…
Researchers at the U.S. Department of Agriculture’s Poisonous Plant Research Lab have discovered that earwax from sheep can reveal if they have eaten poisonous plants, specifically death camas. This breakthrough could lead to the development of a simpler and more effective method for detecting toxic forage in livestock. The team’s findings suggest that earwax may…
Google has released an experimental reasoning AI model, Gemini 2.0 Flash Thinking Experimental, which is designed to tackle complex problems in fields such as programming, math, and physics. The model is still in its early stages and requires significant computing power to run, but it has shown promising results in handling challenging puzzles involving visual…