Temu Attracts More Repeat Buyers than eBay, Challenges Amazon
In a surprising shift in the e-commerce landscape, Chinese online shopping platform Temu has begun to outperform eBay in terms of monthly repeat customers, despite being in the U.S. market…
Sources Indicate MediaTek Is Developing Arm-Based Chips for Microsoft’s AI-Enabled Laptops
TAIPEI/SAN FRANCISCO — In a bold move that could reshape the competitive landscape of the PC hardware industry, Taiwanese semiconductor company MediaTek is reportedly developing an Arm-based chip designed to…
Australian MP Advocates for Blockchain as Catalyst for Economic Growth
In a compelling address to digital asset executives during Australia’s Blockchain Week 2024 in Sydney on June 11, Parliament Member Andrew Charlton highlighted the transformative potential of blockchain technology for…
Indians Become Enthusiasts of 10-Minute Grocery Delivery Apps, Impacting Small Retailers
In the bustling suburbs of Mumbai, a revolution in grocery shopping is unfolding at Swiggy‘s warehouse. Employees, under the watchful eye of digital timers, scurry to process grocery orders within…
DeFi Technologies Embraces Bitcoin as Primary Treasury Reserve Asset
In a significant move reflecting the growing institutional adoption of cryptocurrencies, DeFi Technologies, a publicly listed exchange-traded product (ETP) provider and venture capital firm, has announced the adoption of Bitcoin…
Travala Integrates Telegram Open Network, Expanding Payment Options with Toncoin
Travala, a pioneering crypto-native travel booking platform, has announced a significant integration with the Telegram Open Network (TON). This new partnership will enable holders of Toncoin (TON) to book airline…
Activists in Seoul Create ‘Smart Balloons’ to Deliver Messages into North Korea
In the shadowy conflict between North and South Korea, an innovative form of protest has emerged from a Seoul-based activist group. Harnessing advanced technology, this group crafts “smart balloons” designed…
Singapore Alerts Businesses to Rising Threat of Akira Ransomware
The notorious Akira ransomware, responsible for extorting $42 million from over 250 organizations across North America, Europe, and Australia in just a year, is now setting its sights on businesses…
South Korea’s Financial Regulator Clarifies NFT Classification as Virtual Assets
South Korea’s Financial Services Commission (FSC) has released new guidelines detailing when nonfungible tokens (NFTs) should be classified as virtual assets. These guidelines, announced on June 10, aim to provide…
China Proposes New Regulations to Boost Cross-Border E-Commerce
In a strategic move to bolster its cross-border e-commerce sector, China’s Commerce Ministry released new draft rules on Tuesday aimed at promoting the construction of overseas warehouses and expanding international…
China’s EV Market Experiences Growth, Fueled by Government Subsidies
Beijing, China – Amid a turbulent period marked by intense competition and price wars, China’s electric vehicle (EV) industry is poised for a promising resurgence in 2024, fueled by government…
Nvidia Ignites Speculation About Potential Dow Entry Following Stock Split
Nvidia, a leading force in artificial intelligence technology, has enacted a 10-for-1 stock split, a move designed to make its shares more accessible to retail investors and potentially set the…
The EU is set to reveal new tariffs on Chinese EVs this week.
The European Union is poised to unveil a new tariff structure for electric vehicles (EVs) imported from China this week. This move is part of the EU’s strategy to address…
Bitcoin ETFs Absorb Two Months’ Worth of Mining Supply in Early June Surge
In a remarkable show of demand, U.S. spot Bitcoin exchange-traded funds (ETFs) acquired an amount of Bitcoin equivalent to nearly two months’ worth of mining output in just the first…
Legal Dispute Between Arm and Qualcomm Expected to Impact the Surge of AI-Powered PCs
A protracted legal conflict between Arm Holdings and Qualcomm, two behemoths in the tech industry, is casting a shadow over the future of a new generation of artificial intelligence-driven personal…
Fireblocks Expands Offerings with Coinbase International Partnership for Perpetual Futures and Spot Trading
Fireblocks, a leading digital asset infrastructure provider, has significantly broadened its service portfolio. Through a new partnership with Coinbase, Fireblocks now offers derivatives and trading products to both institutional and…
Solana Cracks Down on Validator Sandwich Attacks
The Solana Foundation has taken decisive action against a group of validator operators involved in sandwich attacks on traders, removing them from its delegation program. This move underscores the Foundation’s…
TSMC’s Price Advantage Highlights Difficulties for China’s Semiconductor Fund
In a clear demonstration of the challenges facing Beijing in bolstering its domestic semiconductor industry, the performance disparity between Taiwan Semiconductor Manufacturing Co. (TSMC) and China’s Semiconductor Manufacturing International Corp…
Crypto Inflows Reach $2B in Early June, Ethereum Logs Record Week with $69M
Digital asset investment products kicked off June on a high note, with significant inflows across almost all providers. According to CoinShares’ latest report, the first week of June saw inflows…
Xiaomi Launches Redmi Pad Pro Tablet and Redmi 13 Phone in Singapore
Xiaomi has officially launched its latest devices in Singapore: the Redmi 13 smartphone and the Redmi Pad Pro tablet. These devices are set to attract tech enthusiasts with their advanced…