India’s Zyod secures a huge $18M to expand tech-fashion globally.
Zyod, an innovative Indian startup, is revolutionizing the global fashion industry with its advanced tech platform designed to streamline the entire design-to-delivery process for fashion brands worldwide. The Gurugram-based company…
Binance Aids BtcTurk in Cyberattack Investigation, Freezes $5.3 Million in Stolen Funds
Cryptocurrency exchange Binance has reportedly stepped in to assist Turkish crypto exchange BtcTurk in investigating a recent cyberattack that compromised millions of dollars in digital assets. Binance CEO Richard Teng…
U.S. Moves Toward Restricting Investments in China’s AI and Technology Sectors
On June 21, the U.S. Treasury Department issued draft rules aimed at curtailing or requiring notification of investments by U.S. entities in China’s artificial intelligence (AI) and other sensitive technology…
China Urges EU to Drop Planned Tariffs and Follow WTO Rules, State Media Reports
In a recent development, China has called on the European Union (EU) to retract its provisional decision to impose significant tariffs on Chinese electric vehicles (EVs). The appeal follows an…
Hong Kong Seeks Global Input on Shaping the Future of Web3 and Digital Assets
Hong Kong’s Legislative Council member Johnny NG Kit-Chong announced that the council is actively seeking insights from global industry leaders to formulate policy recommendations and guide discussions on the future…
Huawei Mobile Device Sales Near One Billion Mark Amid Intensifying Rivalry with Apple
Huawei Technologies Co. is on the verge of achieving a significant milestone: nearly one billion active consumer devices. This progress highlights the US-sanctioned company’s aggressive push to rival Apple Inc.…
KL’s Apple Store Opening Free Tote Bags Fetching High Prices Online
The grand opening of Malaysia’s first Apple Store at The Exchange TRX mall in Kuala Lumpur on June 22 has sparked a new trend, with attendees capitalizing on the exclusive…
Bitcoin Miners Managing Pressures Without Resorting to Extensive Sell-Offs
Despite the rising operational costs and diminishing rewards, Bitcoin miners are not facing a catastrophic situation. Glassnode’s lead analyst James Check, also known by his handle “Checkmatey,” recently shared insights…
Revised Ether ETF Proposals Submitted by Asset Managers Targeting July Introduction
Several prominent asset managers have recently updated their proposals for Ethereum exchange-traded funds (ETFs), signaling a significant move in the crypto investment space. On June 21, leading firms including VanEck,…
ByteDance Collaborates with Broadcom on Advanced AI Chip Development
June 24, 2024 – Beijing: In a strategic move to secure its position in the competitive AI landscape, ByteDance, the parent company of TikTok, is collaborating with U.S. chip designer…
Chinese Automakers Embrace Livestreaming to Refresh Industry Image
In a dramatic shift spurred by the fierce competition in China’s automotive sector, veteran executives from established car companies are increasingly turning to livestreaming to promote sales. This trend highlights…
Binance Integrates USDT on TON, Enhancing Transaction Accessibility
Binance recently announced a significant milestone in its operational strategy by integrating Tether’s USDT token onto The Open Network (TON), signaling expanded options for stablecoin liquidity within its ecosystem. This…
Mirror World CEO on Building Solana Game Engine After $12M Raise
Despite the surging popularity of blockchain technology, Chris Zhu, CEO of Mirror World, points out significant infrastructure challenges for game developers on Solana. In an interview with Cointelegraph, Zhu highlighted…
Japanese Exchange BitFlyer Acquires FTX Japan: Shifting Focus to Institutional Crypto Custody
BitFlyer Holdings has announced its acquisition of FTX Japan, the Japanese arm of the defunct crypto trading platform FTX, with plans to rebrand it as New Custody Company. This move…
U.S. Imposes Ban on Kaspersky Software
The U.S. government, through the Commerce Department’s Bureau of Industry and Security, has issued a ban on the sale of Kaspersky antivirus software, effective from July 20. This measure is…
Binance Executive’s Legal Battle Amid US-Nigeria Tug of War
The legal saga involving Tigran Gambaryan, a Binance executive, has intensified as Nigerian authorities press ahead with money laundering charges despite recent developments in related tax evasion cases. The unfolding…
Tether and Taipei Tech: A New Era in Blockchain and Digital Asset Education
The National Taipei University of Technology (NTUT), known colloquially as Taipei Tech, has embarked on a groundbreaking collaboration with Tether, a prominent cryptocurrency firm. This partnership, announced on June 19,…
Singapore Identifies Digital Payment Tokens as High-Risk in Anti-Money Laundering Efforts
Singapore‘s latest update to its Money Laundering National Risk Assessment (MLNRA) brings to light significant risks and vulnerabilities within the nation’s financial landscape, particularly those posed by digital payment token…
Stablecoin Transfer Volume Surges 16-Fold Over Past Four Years
The use of stablecoins has surged dramatically over the past four years, marking a significant milestone in the adoption of cryptocurrencies and their integration into the global financial ecosystem. Surge…
The language learning app Speak raises a huge $20 million and doubles its valuation.
San Francisco, CA – Speak, an AI-powered language learning app, has seen remarkable growth since its launch in South Korea in 2019. The app, designed to enhance language proficiency through…