Ethereum Might Drop 30% Following Spot ETH ETFs Launch, Warns Crypto Venture Capitalist
Ethereum’s value could see a significant drop to around $2,400 following the launch of spot Ether exchange-traded funds (ETFs), according to Andrew Kang, a founder and partner at Mechanism Capital,…
Apple Considers Integrating Meta’s AI into Its Devices
Apple is discussing the possibility of integrating Meta Platforms’ generative AI model into its own AI system, Apple Intelligence. This discussion marks a significant step as Apple aims to enhance…
U.S. Moves Toward Restricting Investments in China’s AI and Technology Sectors
On June 21, the U.S. Treasury Department issued draft rules aimed at curtailing or requiring notification of investments by U.S. entities in China’s artificial intelligence (AI) and other sensitive technology…
Apple Delays AI Product Launch in EU Due to DMA Compliance Issues
Apple has announced that it will not launch its new “Apple Intelligence” AI product, along with three other features, in the European Union in 2024. The decision stems from concerns…
Nvidia, despite briefly surpassing Apple and Microsoft in market cap, stays relatively unknown
In the latest report by consulting firm Interbrand, tech giants Apple, Microsoft, Amazon, and Google claimed the top positions as the world’s leading global brands at the end of 2023.…
Hacker Claims Breach of Apple Systems Following Recent AMD Cyberattack
Data breaches are becoming increasingly common in today’s digital landscape. However, when major corporations like Apple become targets, the stakes are dramatically elevated, raising serious concerns about the security of…
Snap Settles California Lawsuit for $15 Million Over Gender Discrimination Claims
Snap Inc. has consented to pay $15 million to settle allegations of discrimination, harassment, and retaliation against female employees, as announced by the California Civil Rights Department (CRD). This settlement…
Blockchain Advocacy Group Voices Privacy Concerns Over IRS’s Proposed Crypto Tax Form
The Chamber of Digital Commerce, a prominent trade association within the blockchain sector, has recently provided comprehensive feedback on the United States Internal Revenue Service’s (IRS) proposed Form 1099-DA. This…
Rapper 50 Cent Alleges Hack of X Account to Push Cryptocurrency Scam
Curtis James Jackson III, globally known as the rapper “50 Cent,” recently revealed that his X account and website were compromised in a cyberattack. This incident saw hackers leveraging his…
Bitcoin Miners Managing Pressures Without Resorting to Extensive Sell-Offs
Despite the rising operational costs and diminishing rewards, Bitcoin miners are not facing a catastrophic situation. Glassnode’s lead analyst James Check, also known by his handle “Checkmatey,” recently shared insights…
Revised Ether ETF Proposals Submitted by Asset Managers Targeting July Introduction
Several prominent asset managers have recently updated their proposals for Ethereum exchange-traded funds (ETFs), signaling a significant move in the crypto investment space. On June 21, leading firms including VanEck,…
Blockchain Association Challenges IRS on New Broker Regulations
The Blockchain Association has reiterated its concerns over the Internal Revenue Service’s (IRS) proposed rules for broker-dealers, emphasizing the excessive burdens these rules would place on investors, cryptocurrency companies, and…
Amazon Takes Major Step to Eliminate Plastic Pillows from Packaging
Amazon has announced a significant environmental initiative aimed at reducing its plastic usage in packaging by phasing out the use of plastic air pillows. As of now, the e-commerce giant…
Intel’s Innovative Lunar Lake CPUs Progressing as Planned
Santa Clara, CA – In the ever-evolving world of processors, Intel’s upcoming Lunar Lake CPUs have become a focal point for technology enthusiasts and industry watchers. Rumors of delays have…
TikTok Mounts First Amendment Challenge Against US Ban Law
TikTok has initiated a challenge against a new U.S. law that potentially bans the social media platform, arguing that it violates the First Amendment. The company has presented hundreds of…
Binance Integrates USDT on TON, Enhancing Transaction Accessibility
Binance recently announced a significant milestone in its operational strategy by integrating Tether’s USDT token onto The Open Network (TON), signaling expanded options for stablecoin liquidity within its ecosystem. This…
Gemini’s Initiative: Supporting Pro-Crypto Candidates Ahead of the Presidential Election
Gemini Exchange has launched a campaign finance project aimed at facilitating campaign contributions to candidates supportive of the cryptocurrency industry in the United States. This initiative comes amid increasing political…
Nonprofit’s Critique of Tether in Extensive Ad Campaign
Consumer’s Protection, a longstanding California nonprofit organization, has launched a substantial multimillion-dollar advertising initiative aimed at scrutinizing Tether’s business practices. The campaign utilizes various media platforms, including television spots, billboards,…
U.S. Imposes Ban on Kaspersky Software
The U.S. government, through the Commerce Department’s Bureau of Industry and Security, has issued a ban on the sale of Kaspersky antivirus software, effective from July 20. This measure is…
New York Implements Ban on ‘Addictive Feeds’ for Teens
New York has enacted new legislation aimed at curbing the potential harms associated with social media usage among minors. Governor Kathy Hochul signed the Stop Addictive Feeds Exploitation (SAFE) for…