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Binance Reinstates Cryptocurrency Purchases via Mastercard

Binance, the world’s largest cryptocurrency exchange, has announced the reinstatement of cryptocurrency purchases using Mastercard debit and credit cards. This move comes as part of Binance’s efforts to facilitate smooth…

Singapore and US Strengthen AI Collaboration to Enhance Skills for Youth and Women

In a significant step toward enhancing technological cooperation, Singapore and the United States have announced an expansion of their collaborative efforts in artificial intelligence (AI), emphasizing talent development among youth…

ETH Ecosystem Users Increase Ninefold Since 2020 as VanEck Predicts $22K by 2030

There are almost nine times as many daily active users in the Ethereum ecosystem today compared to four years ago, and analysts suggest that this increasing demand is set to…

Samsung Union Initiates First-Ever Strike Due to Wage Disagreement

On a significant day in Samsung Electronics Co.‘s history, the company witnessed its first-ever strike by the largest union, marking a pivotal moment in the tech giant’s 55-year history. The…

Turkey Denies Plans to Tax Crypto and Stock Gains, Considers Limited Transaction Levy

Turkey has dismissed plans to impose taxes on profits from stocks and cryptocurrencies but suggested a “very limited” levy on transactions. According to Bloomberg, Treasury and Finance Minister Mehmet Şimşek…

Sirion, Valued at Approximately $1 Billion, Acquires Eigen Amid Consolidation in Enterprise AI Tools Sector

In a strategic move that underscores the growing integration of AI technology in business applications, Sirion Labs, a pioneering company in AI-powered contract management, has acquired Eigen Technologies. This deal…

Vanguard and NXP, backed by TSMC, will construct a $7.8 billion wafer plant in Singapore.

In a significant development for the global semiconductor industry, Vanguard International Semiconductor Corporation, a company backed by Taiwan Semiconductor Manufacturing Co. (TSMC), along with Dutch chip designer NXP Semiconductors, have…

Australia Ends Legal Battle to Have Violent Video Removed by X

Australia’s eSafety Commission has concluded its legal efforts to have a violent video depicting a clergyman’s stabbing removed from X (formerly Twitter). The incident, which occurred on April 15 in…

China’s Chang’e-6 Captures Historic AI-Enhanced Selfie on the Moon’s Far Side

In a groundbreaking development in space exploration, the Chang’e-6 mission has made headlines not just for its scientific accomplishments but also for the unique way it captured images on the…

Coinbase Rolls Out Smart Wallet with No Gas Fees and Easy Onboarding

Cryptocurrency exchange Coinbase is launching a smart wallet, aiming to provide users with greater convenience through simplified onboarding, the elimination of gas fees, and the removal of recovery phrases. The…

China Ramps Up Grid Projects in Response to Renewable Energy Surge

China is undergoing a substantial enhancement of its grid infrastructure as the country faces a significant increase in renewable energy production, placing immense stress on the existing electrical systems. The…

Hon Hai to Build Advanced Computing Center on NVIDIA’s Blackwell Platform

Kaohsiung, Taiwan – Hon Hai Technology Group, widely recognized as Foxconn, is poised to dramatically expand its technological horizons with the introduction of a new advanced computing center in Kaohsiung,…

Centralized Crypto Exchange Trading Volume Drops to $5.2 Trillion in May

According to the latest report by CCData, May 2024 saw a significant decline in both spot and derivatives trading volumes in the cryptocurrency market. The combined trading volume on centralized…

Tether CEO Warns of New Wave of Crypto Airdrop Scam Emails; CoinGecko Potentially Affected

Cryptocurrency users should exercise extreme caution, as a prominent industry leader has warned of a potential new wave of crypto airdrop scam emails. Paolo Ardoino, the CEO of Tether, revealed…

MediaTek Enhances AI Capabilities with Latest Chipsets Unveiled at Computex 2024

On June 1, MediaTek celebrated its 27th anniversary at Computex 2024, a significant milestone that was not just a celebratory event but also a platform to unveil its bold new…

Amazon Acquires Indian Video Streaming Platform MX Player

In a significant move to expand its influence in India, Amazon has secured a deal to acquire key assets of the video streaming service MX Player from Times Internet, a…

AI hardware firm Nvidia reveals next-generation products at Taiwan tech expo

Nvidia has unveiled groundbreaking products and plans to accelerate the advance of artificial intelligence (AI), marking the beginning of what CEO Jensen Huang calls “the next Industrial Revolution.” Speaking to…

According to KPMG, Seamless Retail Establishes New Benchmarks in the Asia Pacific

KPMG‘s latest study, titled ‘Navigating the Future of Seamless Commerce in Asia Pacific,’ provides a comprehensive analysis of the retail sector’s ongoing transformation across the region. This transformation is predominantly…

Malaysia Embraces Future with Siemens’ New Semiconductor Strategy

In a significant move towards establishing Malaysia as a global semiconductor leader, Prime Minister Anwar Ibrahim recently announced the National Semiconductor Strategy (NSS) at Semicon SEA 2024. The strategy, backed…

Japanese Crypto Exchange Secures $320M to Compensate Users After Major Hack

DMM Bitcoin, a Japanese cryptocurrency exchange recently hacked for $320 million worth of Bitcoin, has announced plans to raise 50 billion yen ($320 million) to compensate users for their losses.…