Bitcoin NFTs Overtake Ethereum in Weekly Sales, Marking a Notable Shift
In a surprising turn of events, sales of Bitcoin non-fungible tokens (NFTs) have outpaced those on Ethereum in the last week. This shift is attributed to a significant increase in…
India mandates government approval for AI model deployment.
In a significant move that places India at the forefront of the global AI regulatory conversation, the Ministry of Electronics and Information Technology (MeitY) has issued a groundbreaking advisory. This…
India approves investments totaling $15 billion for semiconductor plants.
In a significant move to bolster its semiconductor industry, India has approved a massive investment of up to $15.2 billion (1.26 trillion Indian rupees) to construct three new semiconductor plants.…
FTX Sets Claim Window Prices for Major Cryptocurrencies Below Market Rates
FTX, the cryptocurrency exchange undergoing bankruptcy proceedings, has initiated a claims process with valuation figures for significant digital assets like Bitcoin, Ether, Solana, and BNB considerably lower than their prevailing…
Chainlink’s Sergey Nazarov Highlights Global Financial System’s Entry into Crypto as New Market Drivers
In an enlightening conversation with Bloomberg on February 28, Chainlink’s founder, Sergey Nazarov, shed light on the distinctiveness of the current cryptocurrency market cycle. He pinpointed the diversity and volume…
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…