Revolut Receives UK Banking License After Three-Year Wait
Revolut, the prominent British fintech company, announced on Thursday, July 25 that it has obtained a banking license with restrictions from the U.K.’s Prudential Regulation Authority (PRA). This achievement concludes…
SK Hynix Achieves Record Quarterly Profit in 6 Years, Driven by AI Chip Dominance
SK Hynix, a leading global memory chipmaker, announced that its second-quarter profits have reached the highest level in six years, thanks to its strong position in the advanced memory chip…
Anndy Lian from Neurai Discusses COPX.AI and AI Finance Models at Web3BB Tokyo
Web3BB, one of the largest business communities in Japan, recently hosted a landmark event that brought together thought leaders, innovators, and enthusiasts from around the globe to discuss the future…
MonoSwap Suffers Security Breach, Urges Users to Halt Deposits and Withdraw Funds
MonoSwap, a decentralized exchange and staking platform, disclosed on July 24 that it had fallen victim to a malicious hack. The platform has issued an urgent advisory to its users,…
Insider scoop: How HashMicro’s Groundbreaking Solutions Reshape Singapore’s Business Norms
Over the past decade, Singapore has become a global player in innovation and technology, spurred by government-led initiatives and a commitment to Industry 4.0 principles. Among the country’s existing tech…
Waymo Gains $5 Billion Support from Alphabet
Alphabet will invest up to $5 billion in its self-driving subsidiary, Waymo, over the next few years. This announcement was made by Alphabet CFO Ruth Porat during the company’s second-quarter…
Chinese AI Video Model Allegedly Censors Politically Sensitive Content
A new video-generating AI model named Kling, developed by Beijing-based Kuaishou, is now widely accessible. However, it appears to censor politically sensitive topics linked to its country of origin, China.…
Biden’s Withdrawal from Presidential Race Spurs Temporary Bitcoin Recovery to $68K
The recent announcement by U.S. President Joe Biden that he will not seek re-election in the 2024 Presidential race had an immediate, albeit brief, impact on Bitcoin’s market value. This…
LG Energy Solution Lowers Earnings Forecast Amid Sluggish EV Demand; Shares Plummet
South Korean battery manufacturer LG Energy Solution (LGES) has issued a warning about a revenue decline for this year, projecting a drop of over 20%. The company attributes this decline…
Kraken Completes Distribution of Mt. Gox Bitcoin Without Significant Selling Activity from Creditors
Crypto exchange Kraken has officially concluded the distribution of Bitcoin and Bitcoin Cash to creditors of the defunct Mt. Gox exchange, as announced by Kraken’s CEO, Dave Ripey. This marks…
TOVNET Secures Strategic Supply Contracts for SolarCams and Gains Global Recognition
TOVNET, a leader in innovative solar-powered surveillance solutions, has secured a significant supply contract for its SolarCams in Indonesia, targeting the regions of Pekanbaru City and Pelalawan Regency on Sumatra…
Elon Musk Reschedules Tesla Robotaxi Unveiling to October 10
Elon Musk announced a new date for unveiling Tesla’s “robotaxi” prototype, now set for October 10, after delaying the original reveal planned for August 8. Musk indicated that the delay…
The HOTH Announces Stunning SEO Success: 241% Traffic Boost for Small Business
The HOTH is proud to announce a remarkable success story with their HOTH X program, achieving a 241% traffic boost for a window tinting enterprise. Initially, the business faced significant…
Worldcoin Refutes Allegations of Insider Trading and Market Manipulation
Worldcoin has recently found itself at the center of controversy following claims of insider trading and price manipulation concerning its cryptocurrency, the Worldcoin (WLD) token. These allegations have sparked a…
Telegram Surpasses 950 Million Users, Announces Plans for New App Store Launch
Messaging app Telegram has reached 950 million active users, with the company’s founder Pavel Durov announcing plans to surpass the 1 billion mark by the end of this year. Durov…
Indian Finance Minister Overlooks Crypto Tax Reduction Requests in 2024 Budget
During the presentation of the 2024 Union Budget on July 23, Indian Finance Minister Nirmala Sitharaman made no mention of cryptocurrencies, leaving the existing taxation structure unchanged. This decision was…
Trump Campaign Challenges Harris’ Claim to Biden’s Campaign Funds
The campaign of Republican presidential candidate Donald Trump has lodged a formal complaint with the Federal Election Commission (FEC), contesting the legality of Vice President Kamala Harris assuming control of…
Mattel Reveals New Barbie Project Friendship Game
Mattel, in collaboration with Outright Games, has announced the upcoming release of Barbie Project Friendship, an adventure game celebrating the 65th anniversary of Barbie. The game, available from October 25th,…
Grayscale Moves $1 Billion in ETH to Coinbase in Preparation for Ether ETF Debut
On July 22, Grayscale, a leading digital asset manager, transferred $1 billion worth of Ether to Coinbase. This significant move aligns with the company’s preparations for the anticipated launch of…
Baidu’s Robotaxi Vision Faces Scrutiny Despite Recent Stock Surge
China’s rapid adoption of autonomous driving technology is not generating the expected optimism for Baidu Inc., as analysts struggle to identify a new growth catalyst for the company. Baidu’s shares,…