Germany Transfers $80M in BTC, Vitalik Donates 100 ETH, and Other Highlights
The German government has made another significant transfer of Bitcoin, moving 1,400 BTC—worth $80 million at current prices—in its latest string of Bitcoin movements. On July 6, a wallet address…
EU Mandates Speed Limiters on New Cars to Boost Road Safety
The European Union has declared that all new cars will be required to have speed limiters starting from July 7, Sunday. This regulation will not affect the UK but will…
Spain’s climate change risk aids Madrid VC Seaya in closing €300M fund
According to a recent Dealroom report on the Spanish tech ecosystem, the combined enterprise value of Spanish startups surpassed €100 billion in 2023. This milestone signifies a burgeoning tech landscape…
Apple Approves Epic’s EU iOS App Store with Conditions
The Epic Games Store app for EU iPhones has successfully passed Apple’s notarization process, moving the alternative app store closer to selling apps directly to iOS users outside of Apple’s…
Telegram Launches Stars for Content Creators, Expands Crypto Use
Telegram is enhancing its monetization capabilities by enabling content creators to share and monetize their work directly on its platform using a new digital currency called Stars. Introduced last month,…
Proton Launches Proton Docs to Challenge Google Docs with Enhanced Privacy
Proton, a company that prioritizes user privacy, has introduced a new service called Proton Docs. This service is a direct competitor to Google Docs and is integrated within Proton’s existing…
Crypto ‘Relief Rally’ May Be Just Beginning, with Sellers Exhausted
The cryptocurrency markets may be poised for a “relief rally” following a tumultuous June, with analysts suggesting that selling pressure on exchanges has eased. Crypto intelligence platform Santiment posted an…
Apple to Support Alternative Payments for Vision Pro in EU
Apple has announced that its forthcoming Vision Pro headset will support alternative payment methods when it launches in the European Union, aligning with the Digital Markets Act (DMA). This strategic…
Altrove leverages AI models and advanced lab automation to develop innovative materials.
In recent years, innovation in new materials development has seen a significant acceleration. A notable player in this field is Altrove, a French deep-tech startup aiming to be a crucial…
EU Targets China’s Temu and Shein with Proposed Import Duty
The European Union (EU) is planning to impose customs duties on inexpensive goods purchased from Chinese online retailers, including Temu, Shein, and AliExpress. This move, reported by the Financial Times…
Government Movements in Cryptocurrency: German and U.S. Actions Highlighted
Recent actions by the governments of Germany and the United States have placed them at the forefront of cryptocurrency management discussions. These countries have actively moved significant amounts of cryptocurrency,…
Meta’s Consent or Pay Model May Face Charges for Violating EU’s Digital Markets Act
Meta is under scrutiny by the European Union for violating the Digital Markets Act (DMA), following a recent investigation. This investigation, which also includes Apple and Google’s parent company Alphabet,…
Historical Trends Suggest Potential Bitcoin Recovery in July
Despite experiencing a 7% decline in June, Bitcoin may be poised for a strong rebound in July, continuing a pattern observed in previous years. Historical data from Coinglass, which has…
Decrease in Crypto Hacking Incidents: June Sees a 54.2% Reduction in Losses
June witnessed a significant decline in the financial impact of cryptocurrency hacks, with losses plummeting by 54.2% compared to the previous month. This marked reduction highlights a shift in the…
Volkswagen Gathers Rivian Talent for Silicon Valley Software Hub
Volkswagen Group’s recent $5 billion partnership with Rivian is already bearing fruit, as VW has been leveraging Rivian’s software talent months before the official announcement. VW’s software division, Cariad, has…
AI personal assistant startup Ario secures $16 million to democratize digital assistants
Ario, a startup developing an AI-powered personal assistant, announced today it has secured $16 million in funding to advance its innovative “universal basic AI” technology. This groundbreaking approach aims to…
Rivian Secures $5 Billion from Volkswagen Partnership
Volkswagen and Rivian have announced a $5 billion partnership, focusing on the development of software-defined vehicle platforms. This collaboration involves Volkswagen adopting Rivian’s zonal architecture, while Rivian secures significant funding.…
Profitable Cryptocurrency Sectors of Early 2024 Unveiled
The first half of 2024 has showcased significant profitability variations across various sectors within the cryptocurrency industry. Analysis from BitEye, CoinGecko, and Wu Blockchain highlights which areas have thrived and…
Bitstamp Prepares for MiCA Compliance by Delisting EURT
As Europe prepares to fully implement the Markets in Crypto-Assets Regulation (MiCA), cryptocurrency exchange Bitstamp is aligning its operations with the new regulatory framework. In a proactive measure, Bitstamp has…
Chinese-owned chipmaker Nexperia invests a big $200 million in expanding its European operations
AMSTERDAM/HAMBURG – Nexperia, a global leader in the production of basic semiconductors such as diodes and transistors, announced on Thursday that it will invest $200 million to expand capacity at…