2023 Witnesses Uptick in Cryptocurrency Crimes via Darknet Markets, Chainalysis Reports $1.7 Billion in Earnings
The cryptocurrency sector remains under the shadow of cybercriminal activities, with darknet markets identified as a significant contributor to the industry’s illicit revenue streams in 2023. The latest findings from…
Anticipation of a Larger Surge in Bitcoin ETFs: Insights from Bitwise
The introduction of spot Bitcoin exchange-traded funds (ETFs) marks a pivotal moment in the financial sector, with Bitwise projecting an unprecedented influx of institutional capital into the market in the…
Hong Kong Ceases License Applications for Cryptocurrency Exchanges
In a significant regulatory shift, as of February 29, Hong Kong has announced the cessation of accepting license applications from cryptocurrency exchanges. This development heralds a new era of compliance…
HashKey OTC Gains Preliminary License Approval from Singapore’s Monetary Authority
HashKey Technology Services, the distinguished over-the-counter (OTC) trading division of the HashKey Group, marked a significant milestone on February 28 by receiving in-principle approval from the Monetary Authority of Singapore…
Shido Token’s Value Tumbles by 94% Following Ethereum Staking Contract Breach
In a startling turn of events, the Shido blockchain, a layer-1 entity, witnessed a dramatic plunge in its token value, nosediving by up to 94% within a mere half-hour. This…
Massive Layoffs at PlayStation: 900 Jobs Cut Across Key Studios
PlayStation has announced the layoff of approximately 900 employees, signaling a major restructuring within Sony Interactive Entertainment (SIE). This decision affects roughly 8% of the workforce in PlayStation’s division, underscoring…
Matrixport Signals Caution Amid Market Exuberance Following Bitcoin’s Surge Past $60K
In a recent observation, Daniel Yan, the co-founder of the Singapore-based cryptocurrency service firm Matrixport, has voiced concerns over the potential for a market correction following Bitcoin’s climb to its…
Bitcoin Surpasses $60K Mark for the First Time in Two Years
For the first time in more than two years, Bitcoin has crossed the $60,000 threshold, marking a significant milestone in its price trajectory. As of 1:00 pm UTC, the cryptocurrency…
NFT Updates: Yuga Labs Phases Out Support for Non-Royalty Platforms, South Korea Engages in NFT Talks with Gary Gensler
Yuga Labs, the powerhouse behind renowned Nonfungible Token (NFT) collections such as the Bored Ape Yacht Club (BAYC) and Mutant Ape Yacht Club (MAYC), is making a significant pivot in…
Introducing Galaxy Ring: Samsung’s Foray into Smart Rings with Health Tracking
Samsung Electronics is broadening its horizons in the wearable technology space with the introduction of the Galaxy Ring, a pioneering venture into the realm of smart rings equipped with sophisticated…
Ethereum’s Recent Performance Against Bitcoin: Analysis and Implications
Ethereum’s native cryptocurrency, Ether (ETH), has exhibited significant momentum against Bitcoin (BTC) in recent weeks, marking a notable gain of over 20% since Feb. 12. This surge has been largely…
Samsung aims for AI technology dominance with innovative top-capacity chip
High Bandwidth Memory (HBM) represents a significant leap forward in memory technology, offering low power consumption and ultra-wide communication channels. By stacking memory chips vertically, HBM overcomes the processing bottlenecks…
Dechat Unwittingly Disseminates ‘Honeypot’ Scam Link in Token Launch Notification
In an unfortunate oversight, Dechat, a pioneer in Web3 communication protocols aimed at decentralizing user interactions, found itself in the midst of controversy. The protocol mistakenly shared a link to…
BitForex Crypto Exchange Suspends Withdrawals Amid User Concerns
The Hong Kong-based cryptocurrency exchange BitForex recently announced a suspension of withdrawal services for an unspecified period, leaving many in the dark regarding the sudden halt. This decision came on…
China’s Oppo Debuts Augmented Reality Glasses Prototype Featuring Innovative Voice Assistant Amid AI Buzz in Tech Gadgets
In an exciting unveiling at the Mobile World Congress in Barcelona, Oppo, a leading Chinese electronics giant, introduced its innovative augmented reality (AR) glasses, the Oppo Air Glass 3. This…
Alipay ventures into social networking and smart content creation.
Alipay, a titan in the digital payments arena, is making headlines with its ambitious pivot towards content development and social networking. This strategic shift is not just about diversification but…
Singapore adopts artificial intelligence to address daily challenges.
In an era where technology intersects with daily life, Singapore is taking significant strides towards integrating artificial intelligence (AI) into the fabric of its society. The nation’s recent initiative to…
Addressing the Surge of Blockchain Cybercrimes: China’s Response
In response to the escalating threat of cybercrimes, particularly those exploiting blockchain and metaverse platforms for illicit activities, the Supreme People’s Procuratorate (SPP) of China, the nation’s apex prosecutorial authority,…
Nvidia Begins Distributing AI Chips for the Chinese Market
Nvidia’s introduction of two new AI chips for the Chinese market underlines a strategic pivot in response to stringent U.S. export restrictions. Led by CEO Jensen Huang, the company’s move…
As Bitcoin Maintains its Position Over $51K, ETH, UNI, FIL, and GRT Showcase Bullish Momentum
After a vigorous two-week rally, Bitcoin is currently experiencing a slight pause in its ascent, stabilizing around the $52,000 mark. Despite attempts by bears to initiate a correction, the bulls…