New Law Grants U.S. President Extensive Powers to Block Digital Asset Access
A recently enacted law has granted the President of the United States extensive authority to block access to digital assets, a move that has sparked significant concern and debate among…
Humane Seeks $1 Billion Sale After AI Pin Fails to Impress
Humane,the AI hardware startup founded by former Apple designers, is reportedly seeking a buyout valued at over $1 billion despite poor reception and low sales of its AI Pin device.…
Binance Reinstates Cryptocurrency Purchases via Mastercard
Binance, the world’s largest cryptocurrency exchange, has announced the reinstatement of cryptocurrency purchases using Mastercard debit and credit cards. This move comes as part of Binance’s efforts to facilitate smooth…
Nigeria Defends Prosecution of Binance Executive Amid U.S. Lawmakers’ Criticism
The Nigerian Minister of Information, Mohammed Idris, has affirmed that the ongoing legal proceedings against Binance and its executive, Tigran Gambaryan, adhere strictly to the country’s legal protocols. Gambaryan faces…
ETH Ecosystem Users Increase Ninefold Since 2020 as VanEck Predicts $22K by 2030
There are almost nine times as many daily active users in the Ethereum ecosystem today compared to four years ago, and analysts suggest that this increasing demand is set to…
Short positions in Nvidia reach $34 billion, according to S3 Partners.
As Nvidia inches closer to overtaking Microsoft as the world’s most valuable company, its rapid ascent has not gone unnoticed in the financial markets. With Nvidia’s shares skyrocketing, a significant…
Beware of Fake Work-from-Home Jobs – It’s a Ploy to Steal Your Crypto
Be cautious if an employer demands that you send cryptocurrency to secure your dream job working from home. The United States Federal Bureau of Investigation (FBI) warns that it’s likely…
Stability AI Launches New Sound Generator
Stability AI, known for its AI-powered art generator Stable Diffusion, has launched a new open AI model called Stable Audio Open, designed for generating sounds and songs. The model was…
US Regulators Investigate Microsoft, OpenAI, and Nvidia for Potential Antitrust Violations
Microsoft, OpenAI, and Nvidia are under heightened scrutiny from US regulators for potential breaches of antitrust laws in the artificial intelligence sector. The Department of Justice (DoJ) and the Federal…
Most Celebrity Tokens Drop Over 66% Since Jenner’s Surprising Crypto Launch
The recent wave of celebrity-backed tokens launched last week has faced significant declines, with many dropping over 66% from their peak values. Notably, tokens such as JENNER, DAVIDO, and RICH…
Tesla’s Elon Musk May Depart if $56 Billion Compensation Plan Fails, Board Chair Warns Shareholders
Tesla’s board chair, Robyn Denholm, is urging shareholders to approve Elon Musk’s extraordinary $56 billion compensation package, cautioning that rejecting the proposal might lead the CEO to explore other opportunities.…
Vanguard and NXP, backed by TSMC, will construct a $7.8 billion wafer plant in Singapore.
In a significant development for the global semiconductor industry, Vanguard International Semiconductor Corporation, a company backed by Taiwan Semiconductor Manufacturing Co. (TSMC), along with Dutch chip designer NXP Semiconductors, have…
Australia Ends Legal Battle to Have Violent Video Removed by X
Australia’s eSafety Commission has concluded its legal efforts to have a violent video depicting a clergyman’s stabbing removed from X (formerly Twitter). The incident, which occurred on April 15 in…
Ethereum ETF Launch Date Hinges on Issuers’ Responsiveness, Not SEC Delays — Gensler
The approval timeline for United States-based spot Ether exchange-traded funds (ETFs) hinges on how quickly issuers can address feedback from the Securities and Exchange Commission (SEC), according to SEC Chair…
Coinbase Rolls Out Smart Wallet with No Gas Fees and Easy Onboarding
Cryptocurrency exchange Coinbase is launching a smart wallet, aiming to provide users with greater convenience through simplified onboarding, the elimination of gas fees, and the removal of recovery phrases. The…
Google Invites Public to Help Save Coral Reefs with AI
Google has introduced an innovative AI tool, SurfPerch, designed to enhance our understanding of coral reef ecosystems and their health. Developed in collaboration with Google Research and DeepMind, SurfPerch analyzes…
Khosla Ventures Invests in AI-Powered Weather Balloon Startup Windborne
Windborne, a California-based startup, has secured a $15 million investment led by Khosla Ventures. This funding is aimed at enhancing the startup’s pioneering use of AI and weather balloons to…
Apple to Unveil New ‘Passwords’ App at WWDC Next Week
Apple is set to introduce a new application called Passwords at its upcoming Worldwide Developers Conference (WWDC), according to Bloomberg. This standalone app will help users manage their login credentials…
Tether Announces Strategic Investment and Launch of XAU1 Stablecoin
Tether, the digital asset company behind the USDT stablecoin, has announced a strategic investment of $18.75 million in XREX Group and the launch of a new stablecoin, XAU1. This collaboration…
Humane Issues Warning on Charging Case Due to Fire Hazard
This week has been tumultuous for the tech startup Humane, following its recent product launch debacle with the Ai Pin. Adding to its challenges, Humane has issued a precautionary warning…