Remilia Hacker Transfers $4.3 Million in Stolen Crypto to Tornado Cash
The hacker behind the $4.3 million exploit of Remilia DAO has funneled the stolen funds through Tornado Cash, a notorious cryptocurrency mixer, according to recent blockchain analysis. Details of the…
zkSync Defends Sybil Protection Measures Amid Binance’s Own ZK Token Airdrop
As the Ethereum zero-knowledge layer-2 scaling platform zkSync prepares for its highly anticipated ZK token airdrop on June 17, the team continues to address concerns and criticisms regarding its airdrop…
Ethereum Scaling Ecosystem Reaches Record-High TPS, Driven by Layer-3 Solutions
The Ethereum ecosystem has reached a new milestone in transactions per second (TPS), largely due to a significant increase in activity on a lesser-known Ethereum layer-3 solution. On June 16,…
Former House Speaker Advocates for Stablecoins to Bolster U.S. Financial Strength Against China
Paul Ryan, the former Speaker of the U.S. House of Representatives, has argued that dollar-pegged stablecoins could be a vital tool for addressing the looming U.S. debt crisis and maintaining…
Swiss Regulator Orders Crypto-Friendly FlowBank into Bankruptcy
The Swiss Financial Market Supervisory Authority (FINMA) has announced the forced closure and bankruptcy of FlowBank, a Swiss online bank known for its cryptocurrency trading services. This decision comes after…
Taiwan Forms Association to Promote Self-Regulation in the Crypto Industry
A coalition of cryptocurrency companies has come together to form the Taiwan Virtual Asset Service Provider (VASP) Association, aiming to establish self-regulatory standards for the digital asset sector in Taiwan.…
SoftBank Unveils Plans for 150MW AI Data Center at Sharp’s Sakai Facility
In a significant move set to bolster Japan’s AI capabilities, SoftBank announced plans to construct a substantial AI data center at Sharp Corporation‘s LCD panel plant in Sakai City, Osaka…
Chinese Court Sentences Group for Money Laundering Using Digital Yuan
A Chinese court has sentenced several individuals to prison for laundering money using the country’s central bank digital currency (CBDC), the digital yuan. This case underscores the complexities of digital…
Uniqlo’s Innovative Checkout Technology Paves the Way to ¥10 Trillion in Sales
Singapore – Fast Retailing Co, Asia’s largest apparel business and the parent company of the popular Uniqlo brand, is accelerating its technological advancements to achieve an ambitious target of ¥10…
ByteDance Unsuccessful in Blocking Trademark Application for Defunct Short Video App
SINGAPORE: In a significant legal ruling, ByteDance, the parent company of the globally renowned social media platform TikTok, has failed to prevent a Singapore-based firm, Dol Technology, from registering the…
Honor Unveils Its First Flip Foldable Smartphone, Taking on Samsung in the Competitive Market
Honor has officially entered the competitive foldable phone market with the launch of its first vertically-folding device, the Magic V Flip. This significant move, announced on Thursday, marks Honor’s continued…
North Korean Cyberattacks on Brazilian Fintech Firms Exposed
Google Cloud’s threat intelligence team has uncovered a series of cyberattacks orchestrated by North Korean government-backed hackers targeting Brazil’s cryptocurrency exchanges and fintech companies. This revelation underscores the growing threat…
India’s Jio Platforms Secures License to Launch Satellites Competing with Starlink
Orbit Connect India, a collaborative venture between India’s Jio Platforms and Luxembourg-based SES, has received the green light from India’s space oversight agency to operate satellites over the country. This…
MoonPay Introduces PayPal Fiat On-Ramp for the UK and EU Markets
MoonPay has announced the addition of PayPal as a fiat on-ramp for customers in the European Union and the United Kingdom. This integration aims to simplify and expand access to…
Chinese President Xi Jinping Commends Conflux Network’s Chief Scientist in Open Letter
On June 12, Chinese President Xi Jinping expressed his admiration for Andrew Chi-Chih Yao, the chief scientist of the Conflux Network and a prominent professor at Tsinghua University, through an…
Circle Announces Integration with Solana: Programmable Wallets and Gas Stations
Circle’s integration with Solana will be executed in two distinct phases. The initial phase, announced on June 12, focuses on deploying programmable wallets. These wallets are designed to allow developers…
Aethir Unveils Decentralized Cloud Compute Network on Ethereum Mainnet
The launch of Aethir’s decentralized cloud network introduces a transformative platform where enterprises, data centers, cloud providers, and cryptocurrency mining operators can contribute their idle GPU resources. This initiative offers…
Ant Group invested $2.9 billion in tech research last year.
Ant Group, a leading financial technology company, reported on Thursday an unprecedented investment of 21.19 billion yuan ($2.92 billion) in technology research and development for the year 2023. This investment,…
MetaMask Introduces Pooled Staking for Ethereum Holders
MetaMask, a leading cryptocurrency wallet provider, has launched a new staking service that allows users to pool their funds and stake their assets with enterprise-grade validators managed by Consensys, a…
China tops the world in driverless car testing
The bustling streets of Wuhan, a central Chinese city of 11 million residents, have become the epicenter of the world’s most extensive driverless car experiment. With a staggering 4.5 million…