Tether Commits to Freezing Addresses Amid Venezuela’s Use of Crypto for Sanction Evasion
Tether, the issuer of the USDT stablecoin, has announced its commitment to freezing addresses linked to sanctioned entities. This decision comes in response to reports that Venezuela’s state-run oil company,…
Fintech Gaming Startup Sanlo’s Webshop Tool Could Reduce App Store Fees for Developers
Sanlo, a fintech startup established in 2020, announced the closed beta launch of its new webshop tool designed specifically for game developers and studios. This tool is designed to integrate…
Global Sources Mobile Electronics Exhibitions, Emdoor Digital Showcases New Technology Trends
From April 18th to 21st, Emdoor Digital presented its full range of products from Hall 7, Booth 7Q20, at Asia World-Expo’s Global Sources Mobile Electronics Exhibitions, Hong Kong. The Company…
In-Depth Analysis: SEC Targets Terraform Labs with Unprecedented $5.3 Billion Fine
In a landmark decision that marks a significant escalation in the U.S. Securities and Exchange Commission’s (SEC) enforcement actions within the cryptocurrency sector, Terraform Labs and its founder, Do Kwon,…
Fisker Announces More Layoffs as Bankruptcy Looms
Fisker is facing severe financial difficulties as it announces further layoffs and the potential for bankruptcy within the next month unless it secures additional funding. This development follows the recent…
Mindverse Raises $5 Million in Seed Funding to Transform AI-Driven Personalization
In a significant stride toward the future of artificial intelligence, Mindverse, a pioneering AI startup based in Singapore, has announced a successful $5 million seed funding round. Founded in 2022…
Binance Executive Detained in Nigeria: A Comprehensive Overview
Tigran Gambaryan, a key executive at cryptocurrency exchange Binance, has been detained in Nigeria since February 2023, facing serious allegations. Reports from April 23, 2023, confirm that Gambaryan will continue…
X Set to Launch Dedicated TV App for Video Content
X, previously known as Twitter, is poised to introduce a new TV application dedicated to video content, aiming to enhance viewer engagement through a smart TV platform. Announced by CEO…
Microsoft Allocates $2.9 Billion to Enhance AI Technologies in Japan
In an ambitious move to bolster Japan’s position in the global digital economy, Microsoft has committed to a colossal $2.9 billion investment over the coming two years. This investment aims…
Hackers Release Source Code of El Salvador’s Official Bitcoin Wallet
In a significant cybersecurity breach, El Salvador’s state-operated Bitcoin wallet, Chivo, has become the target of hackers who have released part of its source code. The hacker group, known as…
Stainless Aids OpenAI, Anthropic, and Others to Develop API SDKs
Alex Rattray, a former Stripe engineer and University of Pennsylvania economics graduate, has launched Stainless, a platform designed to generate software development kits (SDKs) for APIs across multiple programming languages.…
Amazon Subtly Introduces Bazaar, an Affordable Fashion Outlet in India
In a strategic move to cement its presence in one of the world’s most vibrant e-commerce landscapes, Amazon has discreetly rolled out Bazaar, a dedicated storefront within its India Android…
Arm integrates AI capabilities into IoT chips designed for edge computing applications.
In an ambitious move to redefine the landscape of edge computing, Arm, the semiconductor architecture titan headquartered in Cambridge, England, has announced the launch of groundbreaking edge AI technologies. The…
Regulatory Challenges Delay Crypto.com’s Launch in South Korea
Crypto.com, a prominent Singapore-based cryptocurrency exchange, has postponed its launch in South Korea following regulatory concerns. The delay comes after the South Korean Financial Services Commission (FSC) identified issues related…
Amazon Unveils New Grocery Delivery Subscription in the US
Amazon has introduced a new grocery delivery subscription service for its Prime members and those with an EBT card in the United States. The service is available in over 3,500…
Chinese EV manufacturers are wagering on their ability to surpass Japanese brands in Thailand’s market.
At the heart of the bustling Bangkok International Motor Show last month, an ambitious promise echoed through the venue: Hozon New Energy Automobile Co., operating under the brand Neta Auto,…
Finland Harnesses Bitcoin Mining for Residential Heating
In Finland, a groundbreaking project has been initiated that leverages the process of mining Bitcoin to generate heat for residential homes during the chilly winters. Hashlabs Mining, a Bitcoin mining…
Unilever Enhances Food Product Development with AI Technology
Unilever is leveraging artificial intelligence (AI) to enhance its product development process, particularly in the food segment, which includes well-known brands such as Hellmann’s and Knorr. By integrating AI technologies,…
Singapore Tech Wages Dip in 2023; Select Jobs See Pay Hike
Singapore — In a landscape marked by technological advancements and shifting market dynamics, the tech industry in Singapore has witnessed a contrasting trend in salary movements throughout 2023. While the…
European Banks Embrace Crypto Sector Following Regulatory Clarity, Bitpanda Reports
In recent developments, several of Europe’s largest banks are making strides into the cryptocurrency industry, spurred by the enhanced clarity provided by the European Union’s adoption of the Markets in…