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…
Indian IT shares plummet following Accenture’s dampening effect on expectations for a demand recovery.
BENGALURU – The Indian IT sector experienced a significant downturn on Friday, with shares of leading IT services companies falling sharply. This came in the wake of Accenture revising its…
ParaSwap Initiates Crypto Refunds After Critical Smart Contract Bug
ParaSwap, a decentralized finance (DeFi) aggregation platform, has successfully initiated the process of returning cryptocurrency assets to users, following the rectification of a critical vulnerability in its recently deployed Augustus…
Ex-Google researchers have launched an open-source AI models initiative under the banner of Sakana, a Tokyo-based laboratory.
SAN JOSE – Sakana AI, a Tokyo-based artificial intelligence startup founded by two prominent former Google researchers, has unveiled a groundbreaking approach to AI model development. Employing a novel method…
Against all odds, Chinese cryptocurrency enthusiasts amass an impressive $1 billion in gains.
The cryptocurrency market in China has witnessed a remarkable saga of resilience and ingenuity among investors, who have defied stringent regulatory measures to secure significant financial gains in 2023. Despite…
Terra Founder, Do Kwon, Released in Montenegro
The unfolding saga of Do Kwon, the South Korean crypto entrepreneur at the heart of the Terraform Labs controversy, has taken a new turn with his release from Montenegrin custody.…
Baidu’s ERNIE bot proudly surpasses GPT-4 in proficiency in the Chinese language
In a groundbreaking statement, Robin Li, the esteemed chairman and CEO of Baidu, has illuminated the extraordinary capabilities of ERNIE Bot, asserting its supremacy in Chinese language proficiency over OpenAI’s…
Polygon zkEVM Experiences Downtime Amid Blockchain Sequencer Complications
Polygon, a leading Ethereum layer-2 scaling solution, recently encountered a technical hiccup with its zero-knowledge Ethereum Virtual Machine (zkEVM), prompting a pause in its operations. The issue, traced back to…
Intelligent ring manufacturer Ultrahuman is setting its sights on surpassing Oura in the market.
In a bold move to dominate the smart ring industry, India’s burgeoning health-tech startup, Ultrahuman, has successfully closed a significant $35 million in Series B funding, setting the stage for…