Spot Ether ETF Decision Rests with SEC’s 5-Member Panel; Gensler Could Be Decisive
The fate of spot Ether exchange-traded funds (ETFs) may hinge on a critical vote by Gary Gensler, Chair of the U.S. Securities and Exchange Commission (SEC), reflecting a pivotal moment…
Kraken Confirms Continuation of USDT Services in Europe Amid Regulatory Developments
Kraken, a major player in the cryptocurrency exchange market, has confirmed it has “no plans” to delist Tether (USDT) in Europe currently, despite speculative reports and regulatory challenges. This clarification…
Adobe Issues Legal Warning to Nintendo Emulator Delta Over Similar Logo Design
Delta, a Nintendo emulator app known for allowing users to play retro Nintendo games, recently found itself in a legal skirmish not with Nintendo, but with Adobe over its logo…
Venezuela Implements Crypto Mining Ban to Safeguard National Power Grid
Venezuela has officially joined several other nations in limiting cryptocurrency mining operations due to significant electricity consumption concerns. The Ministry of Electric Power announced an initiative to disconnect crypto mining…
XRPL Records 108% Increase in Transactions During First Quarter of 2024
In a remarkable leap forward, transactions on the XRP Ledger (XRPL) more than doubled from the fourth quarter of 2023 to the end of the first quarter of 2024, as…
Security Bug in Connected Laundry Machines Discovered by Students Could Affect Millions
Two students from the University of California, Santa Cruz have identified a security bug in internet-connected laundry machines that could potentially allow millions of users to conduct laundry services without…
Microsoft provides cloud customers with an innovative AMD alternative to Nvidia AI processors
SAN FRANCISCO – Microsoft announced plans to offer its cloud computing customers a new platform featuring AMD’s artificial intelligence (AI) chips, designed to compete with components made by Nvidia. Detailed…
Slack Scrambles to Update AI Data Use Policies After User Backlash
Slack, owned by Salesforce, is at the center of a heated debate over its use of customer data in AI applications, prompting a swift promise to update its privacy policies…
Phantom Wallet Ascends to Top Three in App Store, Boosting Solana Sentiment
Phantom Wallet, a leading cryptocurrency wallet, has impressively climbed to the third position in the Apple App Store’s utility category, ranking just below giants such as Google and Google Chrome…
Musk and Indonesian Health Minister Launch Starlink for Healthcare Sector
DENPASAR – Elon Musk, CEO of SpaceX and Tesla, alongside Indonesian Health Minister Budi Gunadi Sadikin, inaugurated SpaceX’s satellite internet service for Indonesia’s health sector on Sunday. This initiative aims…
MIT Engineers Develop SuperLimbs to Help Astronauts Stand After Falls
Astronauts, despite their peak physical condition, often struggle with mobility in space due to bulky suits and low gravity. MIT engineers may have a solution with “SuperLimbs,” an exoskeleton designed…
Millennium Management Reports $2 Billion Investment in Bitcoin ETFs
Millennium Management, a leading global hedge fund, has disclosed substantial holdings in spot Bitcoin ETFs totaling nearly $2 billion as of the first quarter of 2024. This revelation came through…
X Rolls Out Major Updates to Communities Feature
X, previously known as Twitter, is enhancing its Communities feature to boost user engagement and data utility. Announced on Thursday, May 16th, these upgrades include better discovery tools, recommendations, and…
AT&T and AST SpaceMobile Set to Launch Satellites for Remote Cell Coverage
AT&T is advancing its mobile services by partnering with AST SpaceMobile to launch satellites that will enable cell service even in the most remote areas. This strategic move will transform…
Tether and TON Collaborate with Oobit for Enhanced USDT-to-Fiat Conversion
In April, Tether’s USDT and its gold-backed counterpart, Tether Gold (XAUt), launched on The Open Network (TON), a significant step for the cryptocurrency that’s traditionally tethered to stable financial assets…
Sony Music Issues Warning to Over 700 Tech Companies for Unauthorized AI Training
Sony Music Group has issued letters warning over 700 technology companies and music streaming services to safeguard its intellectual property. The warnings caution against the unauthorized use of Sony’s vast…
ShibaSwap Advances with Comprehensive Upgrade on Shibarium Blockchain
ShibaSwap, the decentralized exchange synonymous with the Shiba Inu ecosystem, has launched a significant update, transitioning its operations to the Shibarium blockchain. This move is poised to revolutionize the platform…
Eclipse Labs Appoints New CEO Following Neel Somani’s Departure Amid Misconduct Allegations
Neel Somani, the founder and former CEO of the Ethereum layer-2 blockchain Eclipse, has stepped down from his role due to sexual misconduct allegations. This development marks a significant leadership…
Instagram Co-founder Mike Krieger Takes New Role at AI Firm Anthropic
Instagram co-founder Mike Krieger has been appointed as the chief product officer of Anthropic, as announced on Wednesday, May 15th. Mike Krieger, previously the chief technology officer at Meta-owned Instagram,…
Mastercard and Standard Chartered Conduct First Live Test of Tokenized Deposits
In a significant advancement in financial technology, Mastercard and Standard Chartered Bank Hong Kong (SCBHK) have successfully completed the first live test of Mastercard’s Multi-Token Network (MTN). This test was…