Month: January 2025

Apple Fitness Plus and Strava are collaborating with a new integration

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The Apple Fitness Plus integration in Strava is getting a revamp. | Image: Apple Apple Fitness Plus is getting a fresh makeover in the Strava app. The two companies just announced they’re collaborating to revamp how Fitness Plus integrates with the popular fitness community, which includes more detailed workout summaries, Strava athletes appearing in Fitness … Read more

Hindustan Unilever in talks to acquire Peak XV-backed Minimalist for up to $350M

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Consumer goods giant Hindustan Unilever is in advanced talks to acquire four-year-old direct-to-consumer startup Minimalist for up to $350 million, according to two people familiar with the matter. An acquisition would add to the Unilever subsidiary’s buying spree in India, where it expanded into the health and wellbeing category by acquiring Oziva and Wellbeing Nutrition … Read more

Ether’s Record Leverage Ratio of 0.57 Is Over Double That of Bitcoin

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While bitcoin (BTC) grabs all the eyeballs from institutional narratives, Ethereum’s ether (ETH) stands out as the go-to major token for traders looking to maximize returns through leverage. Ether’s estimated leverage ratio, which measures the degree of leverage employed by traders, climbed to a new high of 0.57 on Wednesday, marking a significant increase from … Read more

Do Kwon Pleads Not Guilty to Fraud Following Extradition to US: Reuters

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Do Kwon, founder of the failed Terra Luna crypto ecosystem, pleaded not guilty to charges of fraud following his Dec. 31 extradition to the U.S., Reuters reported on Thursday. Kwon’s Terraform Labs developed the luna cryptocurrency and algorithmic stablecoin terraUSD, which collapsed in 2022 with the loss of an estimated $40 billion. Kwon faces charges … Read more

Bitcoin’s Computing Power May Hit a Major Milestone Long Before Next Halving

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Bitcoin’s (BTC) hashrate, the computational energy needed to mine a block in a proof-of-work blockchain, is on track to reach 1 zettahash per second before the next halving event in about 3.5 years, putting miners under pressure to secure cheap power deals and more efficient equipment. The average hashrate could reach that level, equivalent to … Read more