China Approves First Public Trials for Advanced Autonomous Driving
In a significant move to advance autonomous vehicle technology, China has granted approval to a select group of nine automakers to conduct tests on vehicles equipped with advanced autonomous driving…
Indonesia Creates Digital Tracker for Sustainable Agriculture
JAKARTA (June 5): Indonesia plans to set up a digital dashboard by August to track its agricultural commodities, the Ministry of Economic Affairs announced on Wednesday. As the world’s largest…
Chinese solar firms halt Southeast Asia operations, including Malaysia, due to U.S. restrictions.
Chinese solar firms are halting production at Southeast Asian factories due to increased US trade barriers creating uncertainty for exports from the region. The latest developments reflect the growing tension…
Chinese Scientists Reorient Satellite Network to Detect Killer Asteroids
In an unprecedented mission, a Chinese Jilin-1 satellite averted a potential asteroid disaster by accurately tracking the trajectory of asteroid 1994 PC1. The asteroid, as large as San Francisco’s Golden…
Japanese Billionaire Cancels Private ‘dearMoon’ Lunar Starship Mission
The ambitious dearMoon project, commissioned by Japanese billionaire Yusaku Maezawa for a private mission around the moon on a SpaceX Starship rocket, has been abruptly canceled. The decision was made…
Temasek and Fidelity invest $200M in Lenskart, valuing it at $5B.
Temasek and Fidelity have purchased shares worth $200 million in the Indian eyewear retailer Lenskart, according to a statement by the startup’s financial adviser, Avendus. This substantial investment further solidifies…
Nvidia Partners with Taiwan’s Electronics Makers to Advance Digital Twin Strategy
Taiwanese electronics manufacturers are adopting Nvidia’s industrial digitalization technology, known as digital twins, to transform their factories into more autonomous facilities. This technology combines Nvidia Metropolis vision AI, Nvidia Omniverse…
Hackers Use Chrome Extension to Extract Millions from Binance Users
A recent cybersecurity incident involving a deceptive Google Chrome plugin named Aggr has led to significant financial losses for a Chinese trader and potentially others. This plugin, masquerading as a…
Australia Launches Its First Direct Bitcoin Holding Spot ETF
Australia is poised to debut its first spot Bitcoin exchange-traded fund (ETF) that holds the cryptocurrency directly. This development represents a significant advancement in the Australian financial landscape, offering investors…
Bitcoin Sees Yearly Peak in Transaction Value with $25 Billion Transferred
On May 28, the Bitcoin network witnessed a significant surge in transaction value, reaching over $25 billion, marking the highest dollar value recorded in the past year. This peak reflects…
World-First Tooth-Regrowing Drug Set for Human Trials in September
Kyoto University Hospital is scheduled to begin the world’s first human trial of a tooth-regrowing drug this September. This trial follows promising results in animal studies and could lead to…
Unlicensed Crypto Exchanges Required to Exit Hong Kong Market
The Hong Kong Securities and Futures Commission (SFC) has mandated all cryptocurrency exchanges operating without an official license to cease their activities in the region immediately. This regulatory crackdown aims…
Ambani’s Reliance Takes First Step in Fintech War, Unveils JioFinance App
Indian conglomerate Reliance Group is making a significant move into financial services with the launch of JioFinance, an app designed to be a comprehensive platform for UPI digital payments, loans,…
New House Bill Targets Chinese EV Makers and Their Connected Vehicles
Chinese electric vehicle (EV) manufacturers are facing a significant challenge in their bid to enter the U.S. market. A new bill introduced by U.S. Representative Elissa Slotkin aims to limit…
Survey Reveals Most Gamers Unfamiliar with Blockchain Gaming
Despite the growing buzz around blockchain games like Axie Infinity, Gods Unchained, Star Atlas, Decentraland, and The Sandbox within the blockchain community, their penetration into the mainstream gaming community remains…
India’s Agnikul launches 3D-printed rocket in sub-orbital test after delays
After two years of meticulous preparation and four delays due to technical glitches, Indian space startup Agnikul successfully launched its first sub-orbital test vehicle, powered by its unique 3D-printed rocket…
Binance France President Highlights TradFi Investment Surge Due to Bitcoin ETFs
The recent approval of spot Bitcoin exchange-traded funds (ETFs) in the United States has marked a significant shift in the landscape of traditional finance (TradFi), creating a robust channel for…
Didi Global Reports First Quarter Loss Amid Decline in Xpeng Income
BEIJING – Didi Global, China’s leading ride-hailing company, has announced a net loss for the first quarter of 2024, following two consecutive quarters of profitability. The company attributed the loss…
New Samsung Chip Division Head Commits to Overcoming AI Era Challenges
SEOUL, May 30 – Samsung Electronics has appointed Young Hyun Jun as the new head of its chip division, urging staff to unite in a collective effort to reclaim the…
Animoca Co-Founder Forecasts Crypto Market Value to Reach $200 Trillion in a Decade
In a recent episode of The Valr Podcast, Yat Siu, co-founder of the Hong Kong-based gaming software company and venture capital firm Animoca Brands, offered a highly optimistic projection for…