Dollar Holds Steady; Ether Sparks Cryptocurrency Surge
The dollar exhibited stability on Tuesday, while the yen struggled below the 156 mark against the U.S. dollar, indicative of a constrained trading pattern. Investors maintained their existing positions, closely…
Leadership Transition at Grayscale Investments
Michael Sonnenshein has resigned from his position as CEO of Grayscale Investments, marking the end of a significant era for the U.S.-based cryptocurrency asset management giant. After over a decade…
ByteDance, the parent company of TikTok, now boasts the most popular AI chatbot in China.
In the fast-evolving landscape of artificial intelligence, ByteDance Ltd has surged ahead of Baidu Inc in the competition to create China’s leading AI-powered chatbot. ByteDance’s Doubao, launched in August, has…
Ethereum Developer’s Paid Role at EigenLayer Raises Questions About Potential Conflicts of Interest
On May 19, in a detailed post on X, Justin Drake, a researcher at the Ethereum Foundation, revealed his new advisory role with the EigenFoundation. This position offers him a…
Netflix Redefines Ad Experience with In-House Tech
Netflix is set to revolutionize its advertising strategy by developing its own ad tech platform, aiming to enhance how advertisements are tailored and presented to its vast audience. Announced at…
Dell enhances AI capabilities with new PCs and Nvidia-powered servers
Dell Technologies has announced the launch of a new line of AI-enabled personal computers (PCs) powered by Qualcomm processors and a cutting-edge server designed to support Nvidia’s latest chips. The…
Wave Marine Group Launches Wave App, Revolutionizing Yacht Crew Hiring and Services
Miami Beach, FL, May 10, 2024 — Wave Marine Group, a trailblazer in maritime innovation, proudly announces the launch of its groundbreaking Wave App, poised to transform the landscape of yacht crew…
CAA Partners with Veritone to Safeguard Stars’ Digital Identities
Creative Artists Agency (CAA), a prominent talent agency in Hollywood, is taking a significant step towards protecting the digital identities of its clients through a new initiative aimed at managing…
Samsung Electronics appoints seasoned executive to address ‘chip crisis’ during AI surge
Samsung Electronics has made a significant leadership change within its semiconductor division, appointing Young Hyun Jun as the new chief to navigate the company through a challenging “chip crisis.” This…
Blue Origin Breaks Two Years Hiatus with Successful Space Tourism Flight
Blue Origin has resumed its space tourism operations, successfully completing a crewed flight to the edge of space after nearly two years without manned missions. This morning, Jeff Bezos’ company…
China creates groundbreaking electric car battery that fully charges in just 10 minutes
China has developed a revolutionary car battery that can charge in just 10 minutes and power a car for hundreds of miles before needing to be plugged in. A report…
South Korea and the UK to Co-Host Second Global AI Summit Amid Rising Risks
SEOUL – This week, South Korea and the United Kingdom will co-host the second global AI summit in Seoul, responding to the breathtaking pace of innovation since the first AI…
Chinese EV manufacturer Xpeng plans to successfully launch its first flying car by 2026.
Xpeng AeroHT, an affiliate of the Chinese electric vehicle manufacturer Xpeng, has ambitious plans to deliver its flying car to customers by 2026, according to a statement from Brian Gu,…
Five On-Chain Metrics Suggest Crypto Bull Market May Just Be Starting
Despite the cryptocurrency markets exhibiting sideways movement over the past three months, a surge in bullish sentiment is evidenced by five significant on-chain indicators. These indicators hint that the bull…
Spot Ether ETF Decision Rests with SEC’s 5-Member Panel; Gensler Could Be Decisive
The fate of spot Ether exchange-traded funds (ETFs) may hinge on a critical vote by Gary Gensler, Chair of the U.S. Securities and Exchange Commission (SEC), reflecting a pivotal moment…
Pine Labs receives approval from Singapore court to relocate its base to India
Pine Labs, a leading merchant commerce startup, has secured approval from a Singapore court to merge its local entity with its Indian unit, allowing the firm to transfer all its…
Alleged Pump.fun Exploiter Arrested and Released on Bail in the UK
Jarett Dunn, formerly associated with the memecoin trading platform pump.fun, has been implicated in a security breach resulting in a substantial financial exploit amounting to $1.9 million. Dunn, who disclosed…
Kraken Confirms Continuation of USDT Services in Europe Amid Regulatory Developments
Kraken, a major player in the cryptocurrency exchange market, has confirmed it has “no plans” to delist Tether (USDT) in Europe currently, despite speculative reports and regulatory challenges. This clarification…
Quantum Computing Threatens Blockchain Security, Says University of Trento Professor
Professor Massimiliano Sala of the University of Trento recently addressed the imminent threats that quantum computing poses to blockchain technology during a lecture with Ripple, as part of their university…
Microsoft avoids UK antitrust review for its investment in Mistral AI
Microsoft has been cleared of antitrust scrutiny in the UK over its recent investment in French AI startup, Mistral AI. On Friday, the Competition and Markets Authority (CMA) concluded that…