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Diageo’s board has decided to part ways with CEO Debra Crew, following a brutal 43% drop in the company’s share price since her appointment in June 2023. Despite her efforts to reassure investors—emphasizing the company’s strong brand portfolio—the steep downturn triggered a leadership shake-up aimed at restoring confidence. 📉 What Triggered the Slump? 🚨 Tracker…
Bitcoin developers have floated a groundbreaking proposal to address an emerging cryptographic crisis: quantum computers that may soon be capable of breaking core Bitcoin security. The draft Bitcoin Improvement Proposal (BIP), led by Casa CTO Jameson Lopp and five others, aims to freeze coins stored in old-style addresses, including those linked to Satoshi Nakamoto, unless…
Eclipse has officially launched its long-anticipated $ES token airdrop, distributing 15% of the total 1 billion token supply to community members and early developers over the next 30 days. This is the first of several planned allocations designed to foster engagement across the ecosystem. ℹ️ Token Distribution Overview 🧠 Token Utility & Network Governance Beyond incentivizing…
Body: On July 15, 2025, President Trump unveiled a new trade deal with Indonesia, reducing threatened tariffs from 32% to a flat 19%, following high‑stakes negotiations . Deal highlights include: Trump called it a “great deal for everybody,” stressing the importance of opening Indonesian markets for U.S. exporters . His threats and approach reflect a…
Filecoin (FIL) faced a sharp 5.8% decline over the past 24 hours, plummeting from $2.569 to $2.406 amid heavy selling pressure, with trading volume spiking to 7 million FIL during peak liquidation hours . The breakdown of the critical $2.52 support level—previously stable during early trading—triggered accelerated selling, pushing FIL to test the $2.41–$2.42 consolidation zone….
The electric vehicle (EV) industry has witnessed a seismic shift in 2025, with China’s BYD officially surpassing Tesla in global sales—a milestone that seemed unthinkable just three years ago. This reversal of fortunes stems from divergent strategies: Tesla’s premium-focused approach versus BYD’s mass-market dominance. Key Turning Points: Tesla’s Missteps: Global Expansion:BYD’s new factories in Hungary,…
The crypto infrastructure startup Function has raised $10 million in a seed funding round led by Galaxy Digital, with participation from Antalpha and Mantle, marking a pivotal step in institutionalizing bitcoin yield strategies. The funding will accelerate the development of FBTC—a fully reserved, 1:1 bitcoin-backed asset designed to integrate seamlessly with decentralized finance (DeFi) while…
Last week saw digital asset funds attract a staggering $3.7 billion of inflows—the second-highest weekly total on record—according to CoinShares . This marks the 13th consecutive week of positive flows, pushing total assets under management (AUM) across crypto investment products to an all-time high of $211 billion . 🔍 Highlights by Asset 🌍 Regional Distribution and Trading…
Setting the SceneLoro Piana, LVMH’s cashmere jewel, has been placed under judicial administration in Milan for a year after a court uncovered serious labor abuses in its production chain . This follows similar actions taken against several other Italian luxury houses. Severe Labor ViolationsThe court found that contractors—managed via two shell companies—operated Chinese‑owned workshops in Italy…
Bitcoin recently soared past $120,000, reaching intraday highs of $122,404, fueled by a wave of enthusiasm around proposed U.S. crypto legislation. This surge came at the start of “crypto week” in Congress, where bills like the Genius Act and Digital Asset Market Clarity Act promise regulatory clarity for stablecoins, digital assets, and oversight boundaries for…
