Runes Drive Transaction Fees Over 1,200 BTC, Offering Boost to Miners Post-Halving
In the wake of Bitcoin’s latest halving, the industry has witnessed significant shifts in the revenue dynamics for miners. A surprising twist has come from the implementation of Runes, a…
Tesla to Sell Software Upgrade for Extended Range on Model Y
Tesla has recently disclosed plans to offer an upgrade that unlocks additional driving range for some owners of the Model Y. This upgrade, which involves a software update, comes with…
Qualcomm soars as AI ignites recovery in the Chinese smartphone market
In a remarkable surge, shares of Qualcomm (QCOM.O) soared by approximately 10%, reaching a level not seen in over two years, driven by signals of a robust demand rebound, particularly…
Cryptocurrency Expected to Reach One Billion Users by 2025, Says Analyst
The cryptocurrency industry stands on the brink of a major milestone, with predictions suggesting it could amass one billion users by the end of 2025. Bitcoin analyst Willy Woo recently…
Jack Dorsey Steps Down from Bluesky Board
Jack Dorsey, a key figure in the tech industry and the former CEO of Twitter (now X), has officially departed from the board of Bluesky, a decentralized social network he…
Samsung’s operating profit skyrockets 930% due to soaring demand for memory chips driven by AI.
Samsung Electronics, the South Korean tech giant, announced on Tuesday a staggering surge in operating profit, exceeding 930% in the first quarter of 2024. The remarkable growth was propelled by…
Lido Finance Surpasses One Million Validators, Catalyzing DeFi Sector Growth
Lido Finance, recognized as the leading liquid staking protocol on Ethereum, recently celebrated reaching one million validators, a significant landmark for the decentralized finance (DeFi) sector. Growth of Lido Finance…
Microsoft Prohibits US Police Departments from Deploying Enterprise AI Tool for Facial Recognition
Microsoft has recently updated its policies to tighten restrictions on the use of its Azure OpenAI Service by U.S. police departments, specifically banning the integration of this service for facial…
Allozymes harnesses its turbocharged enzymes for a data and AI venture, securing a big $15 million investment
Allozymes, a biotech startup, has made waves in the bio-based chemical industry with its innovative method of rapidly testing millions of enzyme variants for various chemical reactions. What began as…
Thailand’s SEC Intensifies Action Against Misleading Cryptocurrency Advertisements
The Thai Securities and Exchange Commission (SEC) is intensifying its efforts to safeguard investors from misleading cryptocurrency advertisements. In a recent move, the regulator has issued a stark warning to…
InnerPlant Equips Plants with the Ability to ‘Speak’ About Their Health
A California-based startup, InnerPlant, is pioneering a novel approach to agricultural practices with its groundbreaking technology that enables plants to ‘communicate’ their distress to farmers. This innovative method employs fluorescent…
Huawei Malaysia expects industries to adopt 5.5G technology.
Kuala Lumpur – Huawei Technologies (Malaysia) Sdn Bhd (Huawei Malaysia) has set its sights on revolutionizing various industries in Malaysia through the deployment of its 5G-Advanced (5.5G) technology. With its…
Analysts Debate Bitcoin’s Next Peak: $70K vs. $210K Amid Conflicting Predictions
The Bitcoin market is currently at a crossroads, with different models and analysts predicting vastly different peaks for this cycle. Veteran trader Peter Brandt has introduced the concept of “exponential…
Anthropic Launches Enterprise Plan and iPhone App, Challenging OpenAI’s ChatGPT
Anthropic, a generative artificial intelligence startup, has launched its first enterprise solution alongside a new iPhone application. As of Wednesday, May 1st, businesses can subscribe to Anthropic’s “Team” plan, which…
Google Wallet launches in India with local features; Google Pay remains.
Google Inc. is poised to introduce its Google Wallet service in India, nearly two years after its American relaunch as a comprehensive digital wallet platform. This introduction marks a significant…
MicroStrategy’s Michael Saylor Benefits Significantly from Bitcoin Investment Amid Record Gains
Michael Saylor, the visionary co-founder and executive chairman of MicroStrategy Inc., embarked on a significant investment journey in 2020 by acquiring large amounts of Bitcoin. This decision has proven exceptionally…
Expert Who Foretold 2018 Bitcoin Crash Suggests Current Bull Run May Have Ended
Peter Brandt, the seasoned chart analyst and CEO of Factor LLC, known for his bullish outlook on Bitcoin, has recently shifted his stance. In a new report to CoinDesk, Brandt…
Pinterest Reports AI Collages Outperforms Pins in User Engagement
Pinterest has announced that its AI-powered collages are now attracting three times more user engagement compared to its traditional Pins. This revelation was part of a broader discussion during the…
Eight US Newspapers File Copyright Infringement Lawsuit Against OpenAI and Microsoft
Eight US newspapers, including the New York Daily News, Chicago Tribune, and Denver Post, have initiated a lawsuit against OpenAI and Microsoft. The lawsuit was filed on Tuesday, 30th April,…
Microsoft’s $1.5 billion investment in G42 underscores escalating tensions between the US and China
In a significant development in the global technology landscape, Microsoft has announced a strategic investment of $1.5 billion in G42, an influential Abu Dhabi-based AI company. This investment not only…