Understanding Tokenization Risks Through DeFi Borrower Behavior: Insights from a BIS Study
The Bank for International Settlements (BIS) has recently shed light on the decentralized finance (DeFi) sector, focusing on the behavior of borrowers and market dynamics. This scrutiny comes at a…
UK Invests $44M to Join EU’s $1.4B Semiconductor Research Fund
The United Kingdom is investing $44 million to be part of the European Union’s $1.4 billion project focused on semiconductor research. This move is to strengthen its own research in…
Binance Announces Delisting of Multiple TrueUSD Trading Pairs
In a strategic move aimed at streamlining its trading offerings and safeguarding its user base, Binance, a leading cryptocurrency exchange, has declared its intention to remove a selection of trading…
Kolet Partners with Travel Giants to Offer Seamless eSIM Connectivity
Kolet, a new French startup, has emerged with a mission to demystify the complexities of staying connected while traveling. Founded by four veterans of the French tech ecosystem, Kolet is…
Empathy secures $47 million in funding for AI-driven assistance in navigating both practical and emotional aspects of bereavement.
Death, as the famous saying goes, is one of the inevitable certainties of life. But coping with it remains a challenge, especially as loved ones are left to navigate the…
European Parliament Gives Nod to World’s First Major AI Regulation
European Union lawmakers recently marked a significant milestone by giving final approval to the Artificial Intelligence Act, a pioneering piece of legislation designed to regulate the rapidly evolving field of…
Telegram Set to Achieve Profitability in Upcoming Year
In a recent revelation, Pavel Durov, the founder of Telegram, announced that the widely popular chat app is on track to achieve profitability by the next year. With a burgeoning…
Ubisoft Steps Into Validator Role on XPLA Blockchain
Ubisoft, renowned for its development of blockbuster gaming franchises such as Assassin’s Creed and Far Cry, has expanded its involvement in the digital frontier by becoming a node validator on…
Ethereum’s Dencun Upgrade: A Pivotal Moment Imminent in 48 Hours
The Ethereum network is on the brink of its Dencun upgrade, scheduled for March 13, marking one of the most eagerly awaited hard forks since the landmark Merge event. The…
London Stock Exchange Opens Doors to Bitcoin and Ethereum ETNs
The London Stock Exchange (LSE) is set to broaden its financial horizon by welcoming applications for Bitcoin and Ether exchange-traded notes (ETNs) starting in the second quarter of 2024. This…
The Upcoming Bitcoin Halving: A New Chapter Unfolds
The Bitcoin ecosystem is on the cusp of a pivotal moment, with the forthcoming halving event poised to redefine the supply and demand dynamics more favorably than its predecessors in…
Apple to Enable Direct iOS App Downloads in EU, with a Catch
Apple’s recent announcement introduces a pivotal change for iOS developers in the European Union (EU), enabling them to distribute their apps directly from websites, bypassing the traditional App Store route.…
Major Entities Set to Amplify Bitcoin Investments: Insights from Bitwise
Bitwise, a leading crypto-native asset management firm, anticipates a significant surge in Bitcoin investments by entities controlling trillions of dollars in assets. According to a recent investment memo from Matt…
Bitcoin Surpasses $71K, Setting a New Record High
Bitcoin marked a significant milestone on March 11 by reaching a new all-time high of $71,415, following a 2.62% increase in the preceding 24 hours, as reported at 08:05 am…
Epic Victory: Fortnite Returns to iPhone in EU as Apple Complies with New DMA Regulations
Within a day of its implementation, the Digital Markets Act (DMA), a new set of regulations by the European Union aimed at curbing the monopolistic tendencies of Big Tech companies,…
Bending Spoons, Owner of Evernote and Meetup, Secures $155M in Equity Funding
Bending Spoons, a significant player in the tech industry known for owning widely used apps and services like Evernote and Meetup, has recently announced a substantial achievement in its funding…
Lava Debuts as a Decentralized Lending Market Platform Enhancing Liquidity Across Blockchains
On March 7, Lava, a pioneering decentralized lending market platform, unveiled its operations, setting a new benchmark in the decentralized finance (DeFi) landscape. This innovative platform is designed to revolutionize…
Apple debuts iOS 17.4, introducing revolutionary updates tailored for the EU market.
Apple enthusiasts, brace yourselves for a revolutionary update with the much-anticipated release of iOS 17.4. This latest iteration promises a plethora of enhancements, particularly tailored to cater to users within…
Hut 8 Shuts Down Bitcoin Mining Operation Due to Rising Energy Expenses
Hut 8, a prominent Bitcoin mining entity, has announced the closure of its mining facility in Drumheller, Alberta, Canada. The decision, driven by escalating energy costs and consistent power disruptions,…
Snowflake collaborates with Mistral AI to bring its open large language models to the data cloud.
In a landmark development for the artificial intelligence industry, Snowflake, a global leader in cloud-based data warehousing, has forged a strategic alliance with Mistral AI, a trailblazing Paris-based AI startup.…