Alibaba cancels Cainiao’s IPO, opts for complete ownership of the logistics subsidiary
In a move that underscores the volatile conditions of the global and Chinese markets, Alibaba Group announced on Tuesday its decision to halt the much-anticipated initial public offering (IPO) of…
Over $98 Million in Stolen Digital Assets Recuperated in March, Reports PeckShield
In a significant stride toward cybersecurity within the blockchain ecosystem, PeckShield, a leading blockchain security firm, has unveiled compelling data for March. The firm reported the recovery of nearly $100…
Telegram Business Accounts Now Available to All Premium Subscribers
Telegram has introduced a new suite of features specifically designed for businesses, alongside an innovative ad-revenue sharing model. This suite of features, known as Telegram Business, was officially launched over…
Eliyan secures $60M in funding for advanced chiplet interconnects that enhance AI chip performance.
In a remarkable stride forward for the semiconductor industry, Eliyan, a pioneering company in chiplet interconnect technology, has secured an impressive $60 million in funding. The investment, spearheaded by Samsung…
Tether Augments Its Bitcoin Holdings Through Recent Purchase
In an intriguing move that underscores the increasing institutional interest in digital assets, Tether, the organization behind the pivotal Tether USDT stablecoin, has significantly expanded its Bitcoin portfolio. On March…
SK Hynix CEO expects HBM chips to make up a double-digit share of DRAM sales by 2024.
SEOUL – South Korea’s SK Hynix (000660.KS), a major player in the semiconductor industry and a key supplier for Nvidia (NVDA.O), anticipates a substantial increase in the sales of high-bandwidth…
Uzum: Leading the Digital Market Transformation in Uzbekistan as a Pioneering Unicorn
In a remarkable turn of events, Uzbekistan’s digital landscape witnesses a groundbreaking milestone as Uzum, an inventive e-commerce startup, secures a staggering US$114 million in funding. This impressive feat not…
Bitwise’s CIO Envisions Product Encompassing Ethereum’s Layer 2 Networks and Applications
Bitwise, a leading cryptocurrency asset management firm, is exploring the potential of launching an exchange-traded product (ETP) dedicated to Ethereum’s layer 2 ecosystems and applications. Matt Hougan, the Chief Investment…
Envisioning Bitcoin’s Role as a Currency in the Modern Economy
Bitcoin has transcended its initial conceptualization to become a decentralized, global currency, untouched by the regulatory constraints or fiscal policies of any nation. The narrative surrounding Bitcoin has recently surged…
ByteDance sets its sights on Singapore for its genAI initiative, announcing multiple job opportunities.
Amidst the ongoing saga surrounding the future of TikTok in the United States, ByteDance, the parent company of the popular video-sharing platform, has been making significant strides in enhancing its…
BYD’s Ascent: From Battery Maker to Electric Vehicle Titan, Overtaking Tesla with Unparalleled Momentum
In the rapidly evolving world of electric vehicles (EVs), the U.S.-based automotive giant Tesla has long been viewed as the pioneer leading the charge toward a greener future. However, as…
Accelerators Become Beacon for Web3 Startups Amidst Rising Crypto Market Enthusiasm
As the cryptocurrency market ushers in a new bull cycle, Web3 startups are increasingly seeking out accelerator programs to gain a foothold. These programs, offering a blend of mentorship, guidance,…
Kia Recalls Over 427,000 Tellurides Over Parking Safety Concerns
Kia is initiating a recall for over 427,000 Telluride SUVs due to a potential defect that could allow the vehicles to inadvertently roll away when parked. This recall concerns certain…
Tornado Cash Co-Founder Seeks Dismissal of Charges in Legal Battle
Roman Storm, a pivotal figure behind the cryptocurrency mixing service Tornado Cash, has initiated a legal challenge to dismiss the trio of charges leveled against him. These allegations include operating…
New Forecasts Suggest Bitcoin Could Reach $180K in Current Bull Market
In the ever-evolving landscape of cryptocurrency, Bitcoin‘s price trajectory continues to be a subject of intense speculation and analysis. Laurent Benayoun, CEO of Acheron Trading and an authority on quantitative…
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…