Europe’s Fourth-Largest Hedge Fund Invests Nearly $500M in Bitcoin ETFs, According to Filing
Capula Management, ranked as Europe’s fourth-largest hedge fund, has significantly invested in Bitcoin exchange-traded funds (ETFs), channeling nearly $500 million into this digital asset class, as revealed in recent public…
Microsoft Ties Employee Reviews to Security Performance
Microsoft is now prioritizing security as a fundamental aspect of employee performance reviews. The company, responding to years of security issues and criticisms, has made this shift official as of…
Arizona Primary with $1.3M Crypto Super PAC Funding Hangs in the Balance
After more than a week of counting ballots, the Democratic primary in Arizona‘s 3rd Congressional District is proving to be exceptionally tight and could potentially be decided by a single…
Copymatic.ai Demonstrates AI Capabilities with Fully AI-Generated Blog
Copymatic.ai has launched an innovative AI writing assistant that is set to transform the landscape of content creation. This state-of-the-art platform is designed to streamline the process of crafting long-form…
OpenAI Holds Back Tool That Detect Academic Cheating via ChatGPT
OpenAI has developed a text watermarking tool capable of detecting essays authored by ChatGPT with significant accuracy. This development follows a report from The Wall Street Journal suggesting the tool…
Justin Sun Refutes Liquidation Speculations During Market Unrest
Justin Sun, the founder of Tron and Huobi (HTX), has rebutted allegations suggesting that leveraged futures positions at HTX were liquidated during the recent sharp downturn in the market, asserting…
Chinese Tech Giants Increase Samsung Chip Stockpile Ahead of US Restrictions
Chinese technology companies, including Huawei and Baidu, as well as various startups, are actively stockpiling high bandwidth memory (HBM) semiconductors from Samsung Electronics in anticipation of potential U.S. export restrictions,…
Robinhood Confirms Its 24-Hour Trading Service is Operational
Amid swirling rumors of a service disruption, Robinhood has confirmed that its 24-hour trading platform remains fully functional. This statement comes in response to multiple reports suggesting otherwise. Clarification Amidst…
Elon Musk Revives Lawsuit Against OpenAI and Sam Altman in Federal Court
Elon Musk has revived a federal lawsuit against Sam Altman and Greg Brockman, alleging manipulation into co-founding OpenAI. Filed Monday, August 5, the lawsuit claims Musk was misled into investing…
European Commission Closes Case as TikTok Lite Drops Rewards Feature
The European Commission has concluded its Digital Services Act (DSA) investigation into TikTok Lite’s rewards feature, following TikTok’s commitment to permanently withdraw the mechanism from the EU. The “task and…
Musk Urged to Fix Chatbot Spreading False Election Information
Five secretaries of state are urging Elon Musk to address misinformation disseminated by X’s Grok AI chatbot about the 2024 presidential election. The chatbot falsely informed users that Vice President…
AutoFlight Secures Hundreds of Millions in Funding from Battery Giant CATL
Chinese battery giant CATL has invested hundreds of millions of dollars into AutoFlight, a developer of electric vertical take-off and landing (eVTOL) vehicles. This investment aligns with the rapid development…
Second Patient Receives Neuralink Brain Chip Implant
Neuralink has successfully implanted its brain chip in a second patient, as confirmed by Elon Musk. This device, designed to assist paralyzed patients in using digital devices through thought alone,…
Setting a New Standard: Omniwave Media’s Innovative Approach to Client-Centric Marketing Metrics
Omniwave believes the digital marketplace of today often overvalues conventional Key Performance Indicators (KPIs), such as Cost Per Click (CPC) and engagement rates, which are lacking in accurately benchmarking a…
Xapo Bank Introduces Interest-Earning Bitcoin and Fiat Accounts in the UK
Gibraltar-based Xapo Bank has officially launched its services in the United Kingdom after obtaining a local banking license. This move allows the bank to offer new services tailored for users…
GameStop Shuts Down Game Informer Magazine Ending a 33-Year Legacy
Game Informer magazine, the longest-running gaming magazine in the U.S., has been shut down by its parent company, GameStop. This unexpected closure ends the 33-year legacy of the magazine and…
Crypto Investment Products Lose $528M Due to Recession Concerns, Reports CoinShares
A new report by CoinShares highlights a troubling trend in the cryptocurrency market, with significant capital outflows recorded last week, pointing to growing investor anxiety. These outflows coincide with increasing…
Global Market Downturn Leads to Over $1 Billion in Crypto Liquidations
On August 5, the cryptocurrency market experienced a steep decline, contributing to significant financial losses for investors and traders. This downturn was largely influenced by the global economic slowdown and…
China Targets Tech Supremacy with Fudan University’s New Brain Chip Centre
China’s push for disruptive technology is gaining momentum with the establishment of a US$56 million research facility at Fudan University in Shanghai. The Neuromodulation and Brain-Computer Interface (BCI) Research Centre,…
Crypto Hackers Capitalize on Ethereum Price Drop with Stolen Funds
The recent plummet in Ethereum‘s price has presented a ripe opportunity for hackers holding stolen funds to make significant purchases at a discount. On August 5, amidst a sharp 20%…