Kuwait bans all crypto activities including mining
Market Analysis

Kuwait bans all crypto activities including mining

Juli 21, 2023 0

After the July 19 circular, it is illegal to engage in any cryptocurrency activities in Kuwait. Kuwait has joined Thailand, Indonesia, and Turkey to ban crypto activities. Violators are to face penalties as stipulated in […]

Crypto Trading Volume Plummets 43% in Q2 2023, Report Reveals
Bitcoin

Crypto Trading Volume Falls 43% in Q2

Juli 20, 2023 0

Crypto trading fell by nearly half (43%) as Q1 gave way to Q2 2023, according to a new report by CoinGecko. April and May were particularly quiet months in people’s wallets, thanks to the lack […]

US Push for AI Dominance Dealt Blow as Local Manufacturing Suffers
Market Analysis

US Semiconductor Industry Suffers Weaker AI Demand

Juli 20, 2023 0

Taiwan Semiconductor Manufacturing Company (TSMC) has slashed its 2023 outlook as it battles weak US demand and mediates in the US-China artificial intelligence (AI) chip war. The company recently cut its revenue forecasts as it […]