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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Tencent Holdings has withdrawn its newly released game, Dungeon & Fighter (DnF) Mobile, from the app stores of Huawei Technologies, Oppo, and Vivo due to the expiration of their contracts.…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…

Huawei and Tencent Close to Agreement: WeChat May Be Exempt from Revenue Sharing

Huawei Technologies Co. is on the verge of finalizing a groundbreaking deal with Tencent Holdings Ltd. that would see Tencent’s WeChat super app operate seamlessly on Huawei’s HarmonyOS platform without…

Polymarket User Faces Charges for Betting on Taiwan Election Results

In a recent legal development in Taiwan, authorities have charged a man for using the crypto betting platform Polymarket to place bets on the country’s 2024 presidential elections, which concluded…

Bitcoin NFTs Overtake Ronin in Cumulative Sales Volume

The Bitcoin network has recently ascended in the non-fungible token (NFT) market, now ranking third in all-time sales among blockchain platforms, surpassing the Ronin blockchain. This development underscores the growing…

Coinbase International Introduces Pre-Launch Market Support

Following the trend set by centralized exchanges like Binance, Bybit, Bitget, and OKX, Coinbase International is stepping into the arena with its own launchpad designed to promote emerging crypto projects.…

Uncertain Drivers Behind Steep Decline as Major Altcoins See Double-Digit Drops

The cryptocurrency markets plunged into turmoil on Monday, witnessing significant declines across numerous altcoins, with some dropping more than 10%. Despite the pronounced downturn, industry analysts have struggled to pinpoint…

Malaysia Intensifies Crackdown on Crypto Tax Evasion with Operation “Ops Token”

In a strategic move to curb tax evasion in the cryptocurrency sector, Malaysia’s Inland Revenue Board (IRB) has launched “Ops Token,” a special operation targeting tax revenue leakage from crypto…

New South Korean Law Mandates Regular Review of Token Listings on Crypto Exchanges

The Financial Services Commission (FSC), South Korea’s financial regulator, has issued directives to 29 registered cryptocurrency exchanges, including major platforms like Upbit, Bithumb, Coinone, Korbit, and Gopax. These exchanges must…