Bitwise Amends Ethereum ETF Filing; Pantera Signals Potential $100M Investment
Bitwise Asset Management has revised its Form S-1 registration statement for a spot Ether exchange-traded fund (ETF), highlighting a potential substantial investment from Pantera Capital Management. According to the filing…
PayPal Ventures leads a $20M investment in Gynger, facilitating ‘buy now, pay later’ options for tech purchases.
New York – Gynger, a platform specializing in providing capital to companies for technology purchases, has secured $20 million in a Series A funding round led by PayPal Ventures, as…
Former OpenAI Chief Scientist Ilya Sutskever Starts New AI Company
Ilya Sutskever, co-founder and former chief scientist of OpenAI, is launching a new AI venture named Safe Superintelligence Inc. (SSI). This startup is singularly focused on developing a safe and…
LandBridge Signals Interest in Crypto Miners Amid $320M IPO Launch
LandBridge, a prominent U.S. company specializing in the acquisition of extensive land areas for oil and gas production, has unveiled a forward-looking strategy that includes courting cryptocurrency miners. This announcement…
North Dakota Becomes Latest State to Revoke Binance.US License
North Dakota’s Department of Financial Institutions (DFI) has revoked the money transmitter license of Binance.US, the American branch of the global cryptocurrency exchange Binance. This move, announced by DFI Commissioner…
AMD drives the latest AI-enabled smart parking solution in Singapore
Singapore – AMD has collaborated with Sun Singapore Systems Pte. Ltd., a prominent provider of smart parking solutions in Singapore, to unveil an innovative AI-powered parking system. Leveraging AMD Zynq…
SEC Ends Investigation into Ethereum’s Status — Consensys Announces
The United States Securities and Exchange Commission (SEC) has officially concluded its investigation into whether Ether (ETH), the cryptocurrency associated with the Ethereum network, qualifies as a security. This significant…
Amazon Faces Hefty Fine for California Labor Law Violations
Amazon is facing a hefty fine of nearly $6 million from the California Labor Commissioner for not properly informing its warehouse workers about their expected work quotas. The $5,901,700 penalty…
Brazilian Tax Authority to Seek Detailed Information from Foreign Crypto Exchanges: Report
Brazil’s Federal Revenue Authority, known as Receita Federal do Brasil (RFB), is poised to request detailed information from foreign cryptocurrency exchanges operating within the country. This initiative aims to ensure…
Apple’s AI Journey in China: Navigating Complex Challenges Ahead
Apple’s expansion into artificial intelligence (AI) is hitting significant hurdles in China, one of its most vital markets. The country’s stringent AI regulations and a competitive local smartphone industry pose…
Coinbase Executive Highlights Need for Greater Political Engagement on Crypto in Canada
Lucas Matheson, the country director for cryptocurrency exchange Coinbase in Canada, provided insightful commentary on the state of crypto regulation during the Collision conference in Toronto on June 18. Matheson…
Autify Unveils Zenes: AI-Powered Agent for Enhancing Software Quality Assurance
In a significant step forward for the software development industry, Autify, a startup with bases in San Francisco and Tokyo, announced on Monday the successful closure of a $13 million…
US Justice Department Opposes Sentence Reduction for Former Ethereum Developer Virgil Griffith
In a recent development, the United States Justice Department has strongly opposed a motion by former Ethereum developer Virgil Griffith to reduce his prison sentence for violating sanctions on North…
Google Launches Gemini Mobile App in India with Support for Nine Indian Languages
Google has officially launched its dedicated AI mobile app, Gemini, in India, expanding its reach to a broader audience by offering support for multiple Indian languages. This rollout comes over…
Security Researcher Discovers Flaw Allowing Email Spoofing in Outlook
A critical security flaw discovered in Microsoft’s email system could permit attackers to mimic Microsoft corporate email accounts, increasing the likelihood of successful phishing attacks. Researcher Vsevolod Kokorin, who operates…
Market and Regulatory Dynamics Propel Retail Crypto Growth in Canada
The future of retail cryptocurrency trading in Canada appears promising, driven by a blend of favorable market conditions and a supportive regulatory environment. At the Collision event in Toronto, Dean…
CleanSpark Expands Operations with Acquisition of Five Georgia Mining Facilities
CleanSpark, a leading American Bitcoin (BTC) mining company renowned for its commitment to using clean energy, has taken a significant step forward by announcing a definitive agreement to acquire five…
FTC Hands TikTok Child Privacy Complaint to Justice Department
The U.S. Federal Trade Commission (FTC) has escalated its case against TikTok and its parent company, ByteDance, by referring it to the Department of Justice (DOJ). This referral, announced on…
Fox and Time Implement Blockchain Technology to Tackle Misinformation
Fox Corporation and Time, a prominent global media brand, have entered into a strategic partnership utilizing Fox’s Verify protocol to enhance content licensing and verification processes. This collaboration marks a…
Dell and Super Micro to Supply Server Racks for xAI’s Supercomputer Initiative
Elon Musk’s artificial intelligence startup, xAI, is poised for a significant technological leap with new partnerships announced with Dell Technologies and Super Micro Computer. These tech giants will provide crucial…