Russia Explores Using Bitcoin for International Trade, Finance Minister Reveals
In a recent interview with the state-owned news channel Russia-24 on December 25, Russian Finance Minister Anton Siluanov provided insights into Russia’s active experimentation with digital financial assets (DFAs) for…
White House Investigates Alleged Unfair Practices in China’s Semiconductor Industry
The White House has directed the Office of the US Trade Representative (USTR) to investigate China’s semiconductor industry for potential anti-competitive practices. This move stems from allegations that China’s policies…
Hong Kong AI Model Beats Doctors in Diagnosing Eye Diseases
Researchers at the Chinese University of Hong Kong (CUHK) have developed VisionFM, an artificial intelligence (AI) model that excels in diagnosing and predicting various eye conditions. This AI-driven advancement demonstrated…
Turkey Implements Stricter Crypto Anti-Money Laundering Regulations
Turkey introduced new cryptocurrency regulations during the final week of 2024, taking cues from positive regulatory advancements across major global markets, including Europe. The move reflects a growing trend towards…
Former Huawei Recruit Announces Breakthrough in Humanoid Robot Production
Shanghai-based Agibot, founded by Peng Zhihui in February 2023, has reached a critical milestone by commencing mass production of humanoid robots. Peng, a former Huawei Technologies recruit under its “Genius…
Over 30% of South Koreans Now Hold Cryptocurrency
The landscape of cryptocurrency in South Korea has seen a substantial uptick following the U.S. presidential election victory of Donald Trump. A December 25 report by Yonhap News highlighted that…
YouTube Begins Efforts to Remove Misleading Videos in India
YouTube is set to crack down on videos with misleading titles and thumbnails, beginning its efforts in India. The platform, known for its vast library of user-generated content, aims to…
Six Bitcoin Funds to Debut in Israel After Regulatory Approval
In a significant development for Israel’s financial sector, six Bitcoin-tracking funds are set to launch next week, following recent approval from the Israel Securities Authority. This introduction marks a pivotal…
Chinese Expertise Powers Europe’s EV Battery Future as Northvolt Stumbles
Europe’s ambition to establish a robust electric vehicle (EV) battery industry remains alive, though increasingly tied to Chinese partnerships. Following the financial downfall of Swedish startup Northvolt, European battery initiatives…
Chinese Chipmaker Faces Blacklist as US Tightens Trade Restrictions
The U.S. government is preparing to blacklist Sophgo, a Chinese semiconductor company accused of indirectly supplying Taiwan Semiconductor Manufacturing Company (TSMC)-made chips to Huawei, a source familiar with the matter…
Japan Expected to Rule Against Google in Antitrust Investigation
Japan’s Fair Trade Commission (JFTC) is preparing to conclude that Google has violated the country’s antitrust law in its search services, according to a report by Nikkei Asia. The JFTC…
Malaysia Designates Atomic Wallet as Unauthorized Financial Operator
Malaysia’s Securities Commission has recently placed Atomic Wallet, a prominent Web3 wallet service, on its list of financial entities banned from operating within the nation. This action stems from allegations…
McDonald’s India Delivery System Security Flaws Risked Sensitive Information
TechCrunch has revealed critical security flaws in McDonald’s India (West & South) delivery system that exposed sensitive customer and driver information. Traceable AI security researcher Eaton Zveare identified these vulnerabilities…
South Korean Researchers Build Robot That Helps Paraplegics Walk
A team from the Korea Advanced Institute of Science and Technology (KAIST) has unveiled a groundbreaking wearable robot designed to assist paraplegic individuals in walking, navigating obstacles, and climbing stairs.…
Metaplanet Makes Largest Bitcoin Purchase, Scooping Up 620 BTC
Japanese investment firm Metaplanet has made its largest Bitcoin purchase to date, acquiring almost 620 BTC as the cryptocurrency trades below $100,000. The Tokyo-based firm, known for its growing Bitcoin…
India’s Rapido Website Feedback Form Exposed Sensitive User and Driver Data
India’s ride-hailing platform Rapido recently patched a security vulnerability that exposed sensitive information of its users and drivers. Security researcher Renganathan P discovered the issue, which involved a website feedback…
Singapore’s Bolttech Raises Over $100 Million to Reach $2.1 Billion Valuation
Insurance technology company bolttech, headquartered in Singapore, has announced raising over $100 million in its Series C funding round. Led by Dragon Fund, Mitsubishi UFJ Financial Group, and fintech direct…
Sony Acquires 10 Percent Stake in Kadokawa Amid Market Fallout
Japan’s Kadokawa Corporation, known for its popular game “Elden Ring,” faced a sharp sell-off in its stock on Friday following an announcement that dashed hopes of a full acquisition by…
US Prompts Nvidia Investigation into Chips Found in China
The U.S. Department of Commerce has urged Nvidia to investigate how its chips ended up in China over the past year, according to a report by The Information. The scrutiny…
SK Hynix Secures $458 Million Grant for US Semiconductor Project
The U.S. Commerce Department announced on Thursday it has finalized an award of up to $458 million in grants for SK Hynix to fund an advanced chip packaging and R&D…