Australia to Enact Anti-Scam Law Targeting Internet Giants by Year-End
Australia will introduce a law by the end of the year mandating internet companies to proactively prevent scams or face substantial fines, according to the Australian Competition and Consumer Commission…
YouTube Rolls Out New Tools for Shorts Creators
Amid growing competition with TikTok and Reels, YouTube unveiled a series of new features on Thursday, July 11, aimed at enhancing its short-form video platform, YouTube Shorts. In a video…
US Lawmaker Urges Congress to Declare Detained Binance Exec in Nigeria a ‘Hostage’
Representative Rich McCormick has introduced a resolution to the US Congress urging lawmakers to consider a detained Binance executive in Nigeria as a hostage. The executive, Tigran Gambaryan, has been…
Apple Promotes Apple Watch for Kids Amid Smartphone Restrictions in Schools
Apple has launched a new marketing campaign promoting the Apple Watch as an ideal device for kids, aiming to help parents stay connected with their children. The campaign introduces the…
Analyst Predicts Ethereum ETF Inflows Could Reach $10B, Pushing ETH to New Highs
The introduction of Ether exchange-traded funds (ETFs) is expected to bring significant investment inflows, potentially up to $10 billion, which could drive Ether prices to all-time highs by the end…
Beeble AI Raises $4.75M to Launch Virtual Production Platform for Indie Filmmakers
Visual effects (VFX) have become essential in filmmaking, revolutionizing storytelling and creativity in the film industry with their diverse digital techniques. However, the high cost of VFX tools often leaves…
Judge Has ‘Strong Views’ About Coinbase Inquiry into Gensler’s Private Messages
A federal judge overseeing the US Securities and Exchange Commission (SEC) case against Coinbase has suggested that the cryptocurrency exchange may not be able to investigate Chair Gary Gensler’s private…
Coinbase Launches Unified Onchain Monitoring Through New Wallet App
Coinbase is set to release a new version of its cryptocurrency wallet, designed to enable users to access and manage their portfolios across multiple platforms from a single interface. Comprehensive…
WhatsApp Business Adjusts Rates to Curb Marketing Spam
WhatsApp Business is implementing new per-conversation rates aimed at reducing marketing spam. The updated pricing structure decreases rates for utility messages and increases rates for marketing messages. Meta, the parent…
SEC Decides Not to Pursue Enforcement Action Against Paxos
The US Securities and Exchange Commission (SEC) has announced its intention to cease its investigation into stablecoin issuer Paxos and will not file an enforcement case. This decision comes after…
Meta to Expand VR Access to Younger Users with Parental Controls
On Wednesday, July 10, Meta has announced that users aged 10 to 12 will soon be able to interact with others in virtual reality (VR) with their parents’ approval. This…
Apple Vision Pro Hits Shelves in Five New Regions
Apple’s Vision Pro, the company’s mixed reality headset, is now available in more countries outside the United States. Starting Friday, June 12, customers in Australia, Canada, France, Germany, and the…
Potential Security Breach at Compound Finance Site, According to ZachXBT
The Compound Finance website appears to have been hijacked, as crypto investigator ZachXBT has recently warned the digital finance community to steer clear of the site due to potential security…
The Struggles of Law Enforcement with Sophisticated Crypto Laundering Techniques
A recent report by Chainalysis highlights the growing challenge posed by sophisticated money laundering techniques within the cryptocurrency ecosystem. Released on July 11, the “Money Laundering and Cryptocurrency Report” reveals…
US Lawmakers Convene with Crypto Industry Executives in Capitol Hill Roundtable
On July 10, a strategic roundtable was held in Washington D.C., bringing together members of the United States Congress and a senior advisor to President Joe Biden, who participated in…
Microsoft Ends Its Role as Observer on OpenAI Board
Microsoft announced that it is relinquishing its observer seat on the OpenAI board due to increasing regulatory scrutiny of generative artificial intelligence in Europe and the U.S. This decision follows…
Goldman Sachs to Launch New Tokenization Products Amid Rising Crypto Interest
Goldman Sachs is gearing up to introduce three new tokenization products later this year in the United States and Europe. This move follows a significant surge in client interest in…
AMD to Acquire Finnish Startup Silo AI for $665 Million to Strengthen Its Position in the AI Race
Advanced Micro Devices (AMD) announced on Wednesday that it will acquire Finnish artificial intelligence startup Silo AI for approximately $665 million in cash. This strategic move aims to enhance AMD’s…
Apple Issues Spyware Attack Warning to iPhone Users in 98 Countries
Apple has issued a new round of threat notifications to iPhone users across 98 countries, warning them of potential mercenary spyware attacks. This is the second such alert campaign from…
CNN Prepares for Digital Future with Job Cuts
CNN is making significant changes as it prepares for a future beyond cable TV. On Wednesday morning, CEO Mark Thompson announced in a memo to staff that the company would…