Axelera secures $68M to challenge Nvidia with innovative edge AI chips
Nvidia has been leading the charge in the age of AI hardware, with its high-performance GPUs being employed by some of the world’s largest technology companies to power training and…
Floki Inu Issues Alert on Counterfeit Tokens Across Solana and Base Platforms
Floki Inu, a prominent memecoin project, has issued a warning to its users and the broader cryptocurrency community regarding fraudulent tokens falsely claiming affiliation with its brand. These unauthorized tokens…
Global Cryptocurrency ATM Installations Approach Historical Peak
The global landscape of cryptocurrency ATMs has witnessed a notable resurgence, with the number of installations nearing its historical peak set in December 2022. Over the past year, the total…
Launch of U.S.-Based Spot Ethereum ETFs Postponed Due to SEC Review Delays
The anticipated launch of spot Ether exchange-traded funds (ETFs) in the United States, initially expected as early as July 2, has encountered delays. The U.S. Securities and Exchange Commission (SEC)…
U.S. Court Advances Majority of SEC Claims in Lawsuit Against Binance
In a significant development, Binance, the world’s largest cryptocurrency exchange, faces continued legal challenges as a U.S. court has decided to allow most claims lodged by the Securities and Exchange…
Billionaire Expresses Skepticism on Significant Bitcoin Price Increases
Peter Thiel, the former CEO of PayPal and a prominent investor through his Founders Fund, has voiced skepticism about the potential for a significant increase in Bitcoin’s price from its…
IRS Unveils Final Guidelines for Crypto Broker Reporting Regulations
On June 28, the United States Internal Revenue Service (IRS) announced the completion of its final draft concerning new reporting requirements for crypto brokers. These new regulations aim to refine…
Google Acquires Stake in BlackRock-Owned Taiwan Solar Power Company
Google has announced a significant investment in Taiwan’s New Green Power (NGP), a firm owned by a BlackRock fund, with the potential to purchase up to 300 megawatts (MW) of…
Volkswagen Gathers Rivian Talent for Silicon Valley Software Hub
Volkswagen Group’s recent $5 billion partnership with Rivian is already bearing fruit, as VW has been leveraging Rivian’s software talent months before the official announcement. VW’s software division, Cariad, has…
Amazon Acquires Talent from AI Startup Adept
Amazon has significantly boosted its AI development efforts by hiring top executives from AI startup Adept and licensing its advanced technology. Adept, known for creating AI-powered agents that perform various…
Starfish Space Aims to Extend Life of Intelsat Satellite in 2026 Mission
Starfish Space and Intelsat’s 2026 mission aims to revolutionize satellite operations by extending the life of an expensive geostationary orbit (GEO) satellite. Utilizing Starfish’s Otter spacecraft, the mission will boost…
Hebbia Secures $100M Series B for AI Document Search, Led by Andreessen Horowitz
Hebbia, a pioneering startup leveraging generative AI to search vast document repositories and provide specific answers, has successfully raised close to $100 million in a Series B funding round led…
Bitget Announces $20 Million Investment Fund to Boost Telegram’s TON Ecosystem
In a significant development for The Open Network (TON), Bitget, a prominent crypto exchange, in partnership with Singapore-based Foresight Ventures, has announced the launch of a $20 million TON Ecosystem…
Amazon to Launch Discount Store to Counter Rising Temu and Shein
Amazon plans to launch a new budget storefront featuring low-cost apparel, home goods, and other items to compete with emerging e-commerce sites Temu and Shein. The storefront, announced at a…
Google Ends Infinite Scroll on Desktop and Mobile Search Results
Google is ending infinite scrolling for search results on desktop on June 26 with plans to remove the feature from mobile devices in the coming months. According to a report…
AI personal assistant startup Ario secures $16 million to democratize digital assistants
Ario, a startup developing an AI-powered personal assistant, announced today it has secured $16 million in funding to advance its innovative “universal basic AI” technology. This groundbreaking approach aims to…
Amazon Integrates Amazon Clinic into One Medical Brand
Amazon has announced that it is integrating its Amazon Clinic telehealth service into its primary care business, One Medical. This rebranding effort aims to streamline Amazon’s primary care offerings for…
Marathon Digital Diversifies Mining Strategy with $16 Million in Kaspa Earnings
Marathon Digital, a leading player in the Bitcoin mining industry, has taken significant steps to diversify its cryptocurrency mining operations. The company revealed on June 26 that it has successfully…
Major Australian News Broadcaster’s YouTube Channel Hijacked by Crypto Scammers
The YouTube channel of Seven Network, a leading Australian broadcaster, was compromised by cryptocurrency scammers, showcasing deepfake videos of Elon Musk promoting a crypto giveaway scam. The channel, known for…
State Street Collaborates with Galaxy Digital to Launch Innovative ETFs Expanding Beyond Bitcoin
State Street Global Advisors, an asset management giant, in collaboration with cryptocurrency investment firm Galaxy Digital, is set to introduce a new series of exchange-traded funds (ETFs) that broaden investment…