Canva Acquires Affinity for $380M to Rival Adobe
Australian startup Canva has announced its acquisition of U.K.-based creative tools company Affinity, formerly known as Serif. This strategic purchase, reported to be in the vicinity of $380 million, marks…
Unidentified Malware Campaign Targets Call of Duty Cheaters, Drains Bitcoin Wallets
A sophisticated malware campaign has emerged, specifically targeting video gamers, including those engaged in cheating, leading to significant Bitcoin wallet losses. According to vx-underground, a malware information repository, this new…
Indonesia Introduces Regulatory Sandbox for Crypto Asset Innovation
The Indonesian Financial Services Authority (OJK) has announced a significant move towards embracing innovation within the financial sector, particularly focusing on crypto assets. As part of its strategy to foster…
Apple considers using Baidu AI in Chinese iPhones.
In a strategic move poised to reshape the landscape of artificial intelligence (AI) integration in China, reports suggest that Apple Inc. is in discussions with Baidu Inc. to incorporate the…
Could the Upcoming Bitcoin Halving Mark the Conclusion of Its 4-Year Market Cycle?
As the Bitcoin community stands on the precipice of the fourth halving event in April 2024, the air is thick with anticipation. Speculation abounds regarding the potential for unprecedented highs…
Samsung is striving to reclaim its position as the world’s top chipmaker within the next few years.
In a bold move to reclaim its position as a leader in the semiconductor industry, Samsung Electronics has outlined a comprehensive strategy to regain the top spot in global semiconductor…
Misyon Bank Partners with Taurus for Bitcoin and Digital Asset Services in Turkey
Misyon Bank, a trailblazer among Turkey‘s neobanks and a notable entity in investment banking, is broadening its horizons into the digital assets domain, including cryptocurrency custody and asset tokenization. This…
CEO Tim Cook Announces Launch of Apple Vision Pro in China Later This Year
In an era where technological advancements are not just innovations but also strategic business moves, Apple Inc. is preparing to take a significant leap into the Chinese market with the…
China restricts Intel and AMD chip usage in government PCs, according to FT.
In a significant pivot from reliance on foreign technology, China has introduced new guidelines aiming to phase out U.S. microprocessors, specifically those from industry giants Intel and AMD, from its…
Potential Impact of Reduced ETF Demand and Unrealized Gains on Bitcoin Selling Pressure After Next Halving
The cryptocurrency market is approaching a critical juncture as the next Bitcoin halving event looms on the horizon. This period is marked by a potential shift in market dynamics, driven…
South Korean Authorities Apprehend Duo Behind $4.1 Million Cryptocurrency Scam
In a significant crackdown on cryptocurrency fraud, the South Korean police have successfully apprehended two individuals responsible for defrauding a senior citizen of 5.5 billion won ($4.1 million) under the…
Shift in Bitcoin Mining Landscape Due to Institutional Investment: Insights from a Report
The landscape of Bitcoin mining has undergone a significant transformation, with institutional capital investment in public Bitcoin mining companies reshaping the ecosystem. This shift has introduced challenges for individual and…
Bitdeer Navigates Financing Discussions with Private Lenders for Expansion
Bitdeer Technologies Group, a significant player in the cryptocurrency mining sector, is currently in negotiations with private credit entities to secure approximately $100 million in funding, according to sources familiar…
Tether Initiates Formation of AI Division and Launches Hiring Campaign
Tether, the entity behind the issuance of the foremost stablecoin globally, is venturing into the realm of artificial intelligence (AI) with the creation of a dedicated department. This move is…
Philippines Imposes Access Restrictions on Binance Exchange
In a significant move, the financial oversight authority of the Philippines has announced its decision to restrict local users’ access to Binance, recognized as the preeminent cryptocurrency trading platform globally.…
Ongoing Efforts in Hong Kong to Combat Illegitimate Cryptocurrency Exchanges
In a recent move to bolster the integrity of its financial market, the Securities and Futures Commission of Hong Kong (SFC) has raised alarms about HKCEXP, a trading platform that…
Alibaba launched a powerful RISC-V server processor and a compatible RuyiBOOK laptop.
In a significant stride towards augmenting its tech sovereignty amidst tightening US export controls, Alibaba’s Damo Academy, during the Xuantie RISC-V Ecological conference in Shenzhen, unveiled its ambitious roadmap for…
Preparing for the Bitcoin Halving: Refurbishing and Shipping Mining Machines Overseas
Crypto miners are gearing up for the highly anticipated bitcoin halving event scheduled for next month, which will reduce their rewards for adding new tokens to the blockchain. As a…
Hesitation to Sell Bitcoin Despite Record Prices, According to Analysts
In the realm of cryptocurrency, the value of Bitcoin (BTC) recently escalated, surpassing the $70,000 mark and setting a new record. Despite this financial milestone, the actual economic activity within…
Spain’s High Court Orders to Block Telegram for Security Measures
Spain’s High Court has temporarily halted access to the popular messaging app Telegram following a lawsuit from key media organizations alleging copyright infringement. The court, under Judge Santiago Pedraz, ruled…