Day: 28 April 2025

Huawei is working on testing a new AI chip called the Ascend 910D, which is aimed at competing with Nvidia's high-end processors. The company plans to distribute sample chips to local tech firms by late May, although the chip is still in early development and requires extensive testing.  Huawei is ...

Bitget has expanded its futures trading lineup by introducing TAIUSDT perpetual contracts, now available with up to 25x leverage. The new futures pair went live on April 28, 2025 (UTC+8), further strengthening Bitget’s growing range of advanced trading products. With this launch, traders can access TAIUSDT perpetual contracts through the ...

United States President Donald Trump has indicated that federal income taxes could be "substantially reduced" — or even eliminated — as the country’s sweeping new tariff policies take full effect. In a recent post shared on Truth Social, Trump said the proposed tax cuts would primarily benefit individuals earning less ...

Zug, Switzerland, 28th April 2025, Chainwire

Bitcoin (BTC) surged past $94,700 as Michael Saylor’s firm, Strategy, continues an aggressive buying spree that analysts describe as "synthetically halving" Bitcoin’s supply. According to Adam Livingston, Bitcoin analyst and author of The Bitcoin Age and The Great Harvest, Strategy has purchased more than half of the newly minted Bitcoin ...

Decentralized finance (DeFi) platform Loopscale has agreed with the hackers responsible for its recent $5.8 million exploit. The hackers have decided to return most of the stolen funds in exchange for a 10% bounty, marking a rare instance of an amicable resolution in the crypto security landscape. On April 26, ...

Bitget has announced the listing of Sign (SIGN), a project focused on transforming the global distribution of services and digital assets, in its Innovation and Web3 Zone. Trading for the SIGN/USDT pair will go live on April 28, 2025, at 11:00 UTC, with deposits already open and withdrawals scheduled to ...

World Liberty Financial (WLFI) founders Zach Witkoff, Zak Folkman, and Chase Herro held a high-profile meeting with Changpeng Zhao (CZ), co-founder and CEO of Binance, in Abu Dhabi. The discussion focused on strategies to accelerate global cryptocurrency adoption and set new industry standards for decentralized finance (DeFi) innovation. The meeting ...

Bitget has launched legal proceedings following allegations of a $20 million market manipulation scheme targeting gaming tokens. The exchange reported "abnormal trading activities" involving several gaming tokens. The exchange claims these activities resulted in approximately $20 million in losses. Bitget has not disclosed the identities of those involved but stated ...

Nike, the world’s largest sportswear company, faces a $5 million proposed class-action lawsuit in the Eastern District of New York. The suit accuses Nike of abandoning investors in its RTFKT sneaker-themed NFT project and alleges violations of U.S. securities and consumer protection laws. The plaintiffs claim Nike used its global ...