Speculation on Mainland China Reversing Bitcoin Ban Met With Community Skepticism
Recent buzz on social media has reignited discussions about China potentially lifting its longstanding prohibition on Bitcoin. However, the cryptocurrency community remains largely skeptical about such a reversal happening anytime…
Users Can Now Try iOS 18 and More as Apple Releases Public Betas
Apple has launched public betas for iOS 18, macOS Sequoia, iPadOS 18, watchOS 11, and tvOS 18, providing users early access to the upcoming features across its devices. The iOS…
Hong Kong Identifies Seven Crypto Exchanges as Unregulated for Non-Compliance
The Securities and Futures Commission of Hong Kong (SFC) has recently intensified its oversight of the cryptocurrency sector, issuing alerts against seven trading platforms accused of operating without necessary licenses.…
Apple’s India Sales Soar 33%, Reaching Record High Amid Shift from China
Apple Inc. has achieved a milestone in India, with its annual sales reaching a record of almost $8 billion. This shows the rapid growth of the Indian market, where the…
Huawei Invests $1.4 Billion in New Shanghai Center Amid Intensifying Chip War
Huawei Technologies Co is on the brink of finishing the construction of a chip research and development center in Shanghai. This development is poised to bolster China’s technological advancements despite…
India’s Affinity for Cheap Feature Phones Challenges Smartphone Brands
India, the world’s second-largest smartphone market after China with around 750 million users, is experiencing a slowdown in new smartphone sales. Many consumers find it difficult to afford a brand-new…
ASML Anticipates Surge in Orders Due to AI Chip Demand
ASML, the leading equipment supplier to computer chip makers, is set to report a significant increase in new orders when its new CEO delivers the second-quarter results on Wednesday. As…
XRP Scam Promoted Through Hacked Accounts of Filipino Musicians
On July 15, a coordinated cyberattack targeted several prominent Filipino musicians, leading to the compromise of their YouTube accounts. These accounts were manipulated to promote a deceptive XRP cryptocurrency scam,…
Bitcoin and Ethereum Drive Record $17.8 Billion in Crypto Inflows
The digital asset investment landscape has experienced a remarkable surge in 2024, with inflows into cryptocurrency investment products reaching a record-breaking $17.8 billion year-to-date (YTD). This substantial capital influx suggests…
WhatsApp now enables businesses to send authentication codes to users in India
WhatsApp has officially enabled businesses to send authentication and login codes through its API to users in India. This new feature, launched on July 1, represents a significant step in…
South Korea’s Ruling Party Suggests Postponing Cryptocurrency Tax Implementation Until 2028
South Korea’s People’s Power Party has recently made headlines with its official proposal to delay the country’s impending cryptocurrency trading profits tax. Initially set to commence on January 1, 2025,…
Increased Cryptocurrency-Related Criminal Activities in Australia Lead to Calls for Stricter Regulation
The Australian Transaction Reports and Analysis Centre (AUSTRAC), the nation’s financial intelligence and regulatory body, has recently published its 2024 Money Laundering National Risk Assessment. This comprehensive report highlights an…
OneStream, supported by KKR, aims for a $4.38 billion valuation in upcoming US IPO
OneStream Software, a company supported by private equity firm KKR, is preparing for a significant move in the stock market. The company aims for a valuation of approximately $4.38 billion…
Ethereum Surpasses $3,300, Anticipated ETF Approvals Could Fuel Further Gains
As the financial world stands on the precipice of a significant shift, Ethereum (ETH) has witnessed a remarkable price increase, surpassing the $3,300 mark. This surge comes in anticipation of…
Bitcoin Whales Snapped Up $4.3B of BTC Amid Price Slump
Bitcoin whales took full advantage of the crypto market slump earlier this month, accumulating 71,000 Bitcoin amid the fastest rate of Bitcoin stacking since April 2023. Significant Accumulation During Market…
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…
Hedge Funds Eye South Korea for the Next AI Wave
Hedge funds targeting artificial intelligence-related stock market bargains are increasingly turning to South Korea’s chipmakers. They are betting that a new wave of demand for high-end memory chips and substantial…
AI Boom Propels Taiwan’s TSMC to Historic High, Joining Trillion-Dollar Elite
Taiwan Semiconductor Manufacturing Co. (TSMC) reached a historic milestone on Thursday, achieving a record high in its stock value following second-quarter revenue, driven by an escalating demand for AI applications.…
Crypto Miners in Malaysia Stole $723M in Electricity Since 2018
In Malaysia, illegal cryptocurrency mining operations have siphoned off approximately $723 million worth of electricity between 2018 and 2023, a staggering revelation made by the country’s Deputy Minister for Energy…
Accelerator Highlights Increase in Crypto Startups in Asia and Africa This Year
In the rapidly evolving landscape of cryptocurrency startups, the first half of 2024 has marked a significant shift in the geographical distribution of new companies entering the space. Recent data…