BlackRock’s iShares Bitcoin Trust Records First Zero Inflow Day
The U.S. Bitcoin ETF market, since its inception with the launch of BlackRock’s iShares Bitcoin Trust (IBIT) on January 11, has experienced remarkable investor engagement. However, recent trends suggest a…
Terraform Labs Advocates for $1M Fine in SEC Lawsuit, Opposes Disgorgement
Terraform Labs and its co-founder, Do Kwon, are embroiled in a significant legal battle with the United States Securities and Exchange Commission (SEC). Following a jury verdict that found them…
China’s Gaming Regulator Issues Licenses to 95 New Titles in April
China’s National Press and Publication Administration (NPPA) has authorized the release of 95 new video games in April, the smallest number so far in 2024. This month’s approved titles include…
Meta tests its innovative AI chatbot on WhatsApp, Instagram, and Messenger in India and Africa.
Meta, formerly Facebook, has embarked on a significant initiative to introduce its Meta AI chatbot to users in emerging markets such as India and Africa. This effort aligns with Meta’s…
ConsenSys Challenges SEC, Seeks Court Decision Declaring Ethereum Not a Security
ConsenSys, a pivotal figure within the Ethereum ecosystem, has initiated a legal battle against the U.S. Securities and Exchange Commission (SEC) by filing a lawsuit in a Texas federal court.…
Lawsuit Filed Against Meta for False Celebrity Endorsements in Investment Advertisements
Four individuals have initiated legal proceedings against Meta Platforms Inc.’s Japanese subsidiary for allegedly allowing fraudulent investment advertisements featuring counterfeit celebrity endorsements on its platforms, Facebook and Instagram. The lawsuit,…
Exponent Energy introduces 15-minute charging for passenger three-wheelers in India
In a monumental step towards electrification, India is set to welcome the Stream City Qik, an electric three-wheeler passenger vehicle capable of charging from 0 to 100% in just 15…
Aligned Layer Garners $20M in Series A Funding to Enhance ZK Proofs on Ethereum
The Ethereum blockchain, a cornerstone of the cryptocurrency world, is on the brink of an efficiency transformation with Aligned Layer’s latest financial injection aimed at enhancing Zero-Knowledge (ZK) proofs, a…
Cobot proudly reveals innovative non-humanoid robots, announces $100M Series B.
The burgeoning field of robotics, traditionally dominated by applications in heavy industry and scientific research, is experiencing a significant shift as startups like Sunnyvale, California’s Collaborative Robotics, commonly known as…
Navigating the Future: U.S. Stablecoin Legislation and Its Impact on Banks and Global Issuers
The introduction of the Payment Stablecoin Act to the United States Senate represents a significant legislative effort aimed at regulating the stablecoin market. This move has the potential to reshape…
Apple and OpenAI in Talks for Chatbot Integration in iOS 18
Apple is reportedly enhancing its collaboration with OpenAI to possibly integrate OpenAI’s technologies into iOS 18, as part of its broader strategy to bolster AI capabilities on the iPhone. This…
AMD and Intel shares fall after China orders removal of foreign chips
Shares of major U.S. semiconductor companies, Advanced Micro Devices (AMD) and Intel, experienced a sharp decline on Friday following a report by The Wall Street Journal. According to the report,…
39% of Canadian Institutional Investors Now Hold Crypto Assets, Reports KPMG
In recent years, the cryptocurrency market has matured significantly, attracting not only retail investors but also substantial interest from institutional players. According to a recent survey by KPMG, there has…
OpenAI Faces New GDPR Complaint in EU
OpenAI is currently facing another privacy complaint in the European Union, this time initiated by the privacy rights nonprofit noyb, which represents an unnamed public figure. The complaint, filed with…
Japan aims to regain its technological advantage through international collaboration.
In an ambitious bid to recapture its prominence in the global technology arena, Japan is embracing sweeping investments from both domestic and international giants. These ventures aim to position the…
U.S. Arrests William Morro in Connection with the OneCoin Cryptocurrency Fraud
The OneCoin crypto scheme remains one of the most notorious financial scandals, leaving a significant mark in the annals of financial crimes. The latest development involves the U.S. Justice Department’s…
Edonia Secures €2M Investment to Develop Microalgae-Based Ground Meat Alternative with Reduced Bitterness
Edonia, a Paris-based startup, has successfully secured a €2 million investment to enhance its production of plant-based meat alternatives using microalgae, addressing the global challenge of sustainable food production. The…
JD.com Enhances Video Content Offering with $138 Million Cash Incentive Program
In a strategic bid to assert its dominance in the burgeoning live-stream shopping market, JD.com, a behemoth in China’s e-commerce domain, has unveiled an audacious cash incentive program valued at…
Hong Kong Set to Begin Trading of Officially Approved Bitcoin and Ether ETFs on April 30
Hong Kong is set to mark a significant milestone in its financial market on April 30, with the launch of its first spot Bitcoin and Ether exchange-traded funds (ETFs). This…