Jonathan Wong
The Latest
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Birmingham Goes Bankrupt: UK's Second-Largest City Faces Financial Collapse with Over 20 Others at Risk
Financial Crisis Strikes On September 5, Birmingham City Council, the second-largest city in the UK, issued a "Section 114 notice," effectively declaring bankruptcy. 
Financial Crisis Strikes On September 5, Birmingham City Council, the second-largest city in the UK, issued a "Section 114 notice," effectively declaring bankruptcy. -
Grayscale Pushes Back: SEC Lacks Basis for Denying Bitcoin ETF Conversion
In a recent development, Grayscale Investments, a prominent crypto asset manager, has taken a firm stance against the U.S. Securities and Exchange Commission (SEC). The company has dispatched a letter to the SEC, asserting that the regulatory body possesses "no grounds" to decline its proposition to metamorphose the Grayscale Bitcoin Trust (GBTC) into an exchange-traded fund (ETF). 
In a recent development, Grayscale Investments, a prominent crypto asset manager, has taken a firm stance against the U.S. Securities and Exchange Commission (SEC). The company has dispatched a letter to the SEC, asserting that the regulatory body possesses "no grounds" to decline its proposition to metamorphose the Grayscale Bitcoin Trust (GBTC) into an exchange-traded fund (ETF). -
Nvidia's H100 Chip: The New Gold for US 'Scam' Companies?
AI's Continued Surge AI remains a hot topic, with the H100 chip not only being coveted by major companies but also potentially becoming a speculative tool for some businesses. 
AI's Continued Surge AI remains a hot topic, with the H100 chip not only being coveted by major companies but also potentially becoming a speculative tool for some businesses. -
NVIDIA's CEO Jensen Huang Meets India's Prime Minister: Bullish on India's AI Potential
According to a tweet posted by Modi on the social platform "X," he had a "very pleasant meeting" with Huang. The two discussed the vast potential India offers in the field of artificial intelligence (AI). Modi emphasized India's immense potential in this domain, and Huang expressed his admiration for India's achievements in AI, particularly highlighting the talent of the country's younger generation. 
According to a tweet posted by Modi on the social platform "X," he had a "very pleasant meeting" with Huang. The two discussed the vast potential India offers in the field of artificial intelligence (AI). Modi emphasized India's immense potential in this domain, and Huang expressed his admiration for India's achievements in AI, particularly highlighting the talent of the country's younger generation. -
Wall Street Divided: Is the U.S. Economy Headed for a Recession?
As the Federal Reserve aggressively hikes interest rates, the question of whether the U.S. economy can stave off a recession has become a hot topic of debate this year. 
As the Federal Reserve aggressively hikes interest rates, the question of whether the U.S. economy can stave off a recession has become a hot topic of debate this year. -
Mercedes and BMW Unveil Electric Powerhouses to Challenge Tesla
Not to be outdone by the "new kid on the block," Tesla, automotive giants Mercedes and BMW are stepping up their game. 
Not to be outdone by the "new kid on the block," Tesla, automotive giants Mercedes and BMW are stepping up their game. -
Crypto Betting Platform Stake Resumes After Alleged $40M Hack
In a recent turn of events, the Ethereum-based crypto betting platform, Stake, temporarily halted its operations following reports of a significant hack that allegedly drained $40 million from its accounts. The platform, which allows users to place wagers on games or sports, did not directly confirm the hack but referred to the incident as "unauthorized transactions." Stake assured its users that their funds were safe. 
In a recent turn of events, the Ethereum-based crypto betting platform, Stake, temporarily halted its operations following reports of a significant hack that allegedly drained $40 million from its accounts. The platform, which allows users to place wagers on games or sports, did not directly confirm the hack but referred to the incident as "unauthorized transactions." Stake assured its users that their funds were safe. -
Apple's iPhone 15 Faces Production Hurdles Ahead of Launch
As Apple enthusiasts eagerly await the iPhone 15 launch, a series of leaks have unveiled significant production challenges that may impact the availability of the tech giant's upcoming flagship model. 
As Apple enthusiasts eagerly await the iPhone 15 launch, a series of leaks have unveiled significant production challenges that may impact the availability of the tech giant's upcoming flagship model. -
Dollar Fever? U.S. Currency's 4% Surge in Six Weeks Analyzed
The U.S. dollar has recently rebounded swiftly, but analysts believe this uptrend might be short-lived. 
The U.S. dollar has recently rebounded swiftly, but analysts believe this uptrend might be short-lived. -
De Beers Diamond Sales Dwindle for Fourth Consecutive Month Amid Global Demand Slump
A Streak of Declines According to the latest data released by natural diamond producer and supplier De Beers Group on August 30, the company sold $370 million worth of natural diamonds during its 7th sales cycle (from August 14 to August 29) of 2023, marking a 42% decline year-over-year. 
A Streak of Declines According to the latest data released by natural diamond producer and supplier De Beers Group on August 30, the company sold $370 million worth of natural diamonds during its 7th sales cycle (from August 14 to August 29) of 2023, marking a 42% decline year-over-year.
