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…
Singaporean workers are global leaders in using generative AI at work
Singapore – In a groundbreaking revelation, a global survey conducted by UiPath, a leading business automation company, has highlighted Singaporean Millennials and Gen Z workers as pioneers in the adoption…
Tencent Pulls DnF Mobile from Huawei, Oppo, and Vivo App Stores
Tencent Holdings has withdrawn its newly released game, Dungeon & Fighter (DnF) Mobile, from the app stores of Huawei Technologies, Oppo, and Vivo due to the expiration of their contracts.…
AMD drives the latest AI-enabled smart parking solution in Singapore
Singapore – AMD has collaborated with Sun Singapore Systems Pte. Ltd., a prominent provider of smart parking solutions in Singapore, to unveil an innovative AI-powered parking system. Leveraging AMD Zynq…
Apple’s AI Journey in China: Navigating Complex Challenges Ahead
Apple’s expansion into artificial intelligence (AI) is hitting significant hurdles in China, one of its most vital markets. The country’s stringent AI regulations and a competitive local smartphone industry pose…
Autify Unveils Zenes: AI-Powered Agent for Enhancing Software Quality Assurance
In a significant step forward for the software development industry, Autify, a startup with bases in San Francisco and Tokyo, announced on Monday the successful closure of a $13 million…
Google Launches Gemini Mobile App in India with Support for Nine Indian Languages
Google has officially launched its dedicated AI mobile app, Gemini, in India, expanding its reach to a broader audience by offering support for multiple Indian languages. This rollout comes over…
Perplexity AI Successfully Expands into Japan through Strategic Partnership with SoftBank
After its announcement of a strategic partnership with SoftBank in April 2024, Perplexity, the San Francisco-based AI search engine challenging Google, is leveraging this collaboration to broaden its user base…