Coinbase to Custody Digital Assets for US Marshals Service
The United States Marshals Service (USMS) has selected Coinbase Prime, the institutional investing arm of Coinbase, to manage the custody of certain digital assets. In a notice released on July…
YouTube Now Accepts Requests to Remove AI-Generated Content Using Your Face or Voice
YouTube now allows users to request the removal of AI-generated content that simulates their face or voice. This policy, quietly rolled out in June, is part of YouTube’s expanded privacy…
In 2024, President Biden revoked eight licenses for China’s Huawei.
The Biden administration has revoked eight licenses this year that had previously allowed some companies to ship goods to Chinese telecoms equipment giant Huawei. This action, first reported by Reuters,…
Vitalik Buterin Proposes Faster Ethereum Transactions with Single-Slot Finality
Ethereum co-founder Vitalik Buterin is aiming to significantly accelerate transaction times on the Ethereum network. In a blog post published on June 30, titled “Epochs and Slots All the Way…
Government Movements in Cryptocurrency: German and U.S. Actions Highlighted
Recent actions by the governments of Germany and the United States have placed them at the forefront of cryptocurrency management discussions. These countries have actively moved significant amounts of cryptocurrency,…
Meta’s Consent or Pay Model May Face Charges for Violating EU’s Digital Markets Act
Meta is under scrutiny by the European Union for violating the Digital Markets Act (DMA), following a recent investigation. This investigation, which also includes Apple and Google’s parent company Alphabet,…
Japan’s first new banknotes in 20 years use holograms to prevent counterfeiting.
Japan has launched its first new banknotes in 20 years, featuring innovative three-dimensional portraits of prominent figures in financial and female education institutions. This initiative aims to enhance security and…
Bitcoin Hashrate Drawdown Dips to December 2022 Levels
The Bitcoin hashrate drawdown, a crucial metric measuring dips in the relative computing power of the Bitcoin network, has declined to levels not seen since December 2022, following the collapse…
Nigerian Analyst Advocates for Crypto Regulation Modeled After European Standards
A Nigerian data and policy analyst, Obinna Uzoije, has commended the European Union’s recent implementation of the Markets in Crypto-Assets Regulation (MiCA) pertaining to stablecoins. He believes that such regulatory…
Falcon Investment Management Unlocks Ultra-Exclusive Hedge Fund Strategy for Family Offices
Falcon Investment Management Ltd (“Falcon”), a prominent multi-manager hedge fund platform based in London, is pleased to announce the launch of a new fund that provides select investors access to…
Historical Trends Suggest Potential Bitcoin Recovery in July
Despite experiencing a 7% decline in June, Bitcoin may be poised for a strong rebound in July, continuing a pattern observed in previous years. Historical data from Coinglass, which has…
Meta Adjusts AI Labels for Photos After Backlash
Meta is revising its labeling for AI-generated images after facing widespread complaints from photographers about the previous “Made with AI” labels. The update, prompted by user feedback, will change the…
NASA and Boeing Assure: Starliner Crew Will Return Safely Despite Extended ISS Stay
NASA and Boeing officials have confirmed that astronauts aboard the International Space Station (ISS) are not stranded, despite the Starliner spacecraft’s ongoing thruster issues which have extended their stay. Engineers…
“The Asia-Pacific RWA Tokenization Platform” 2024 Biannual Forum is being held in Singapore: The Real Application Moment of RWA is Approaching
On June 26th, the Asia-Pacific RWA Tokenization Platform (APRTP-Asia-Pacific RWA Tokenization Platform) held its 2024 Biannual Forum at the Singapore Sands Convention Centre. Two world-class bank and bank-backed institutions, Qatar…
China’s top EV makers, Li Auto, Xpeng, and Nio, achieve strong sales despite discounts.
China’s top three premium electric vehicle (EV) manufacturers, Li Auto, Xpeng, and Nio, have demonstrated strategic business acumen. Despite the necessity for discounts and incentives, these companies have achieved significant…
China’s AI firms are rationing services due to a chip shortage.
China’s chip industry has made significant strides in developing advanced semiconductors capable of powering 5G smartphones. However, it has yet to achieve the capability to produce chips powerful enough to…
Bitfarms Mined 21% More Bitcoin in June Amid Riot Takeover Attempts
Bitcoin miner Bitfarms increased its month-on-month Bitcoin production by 21% in June while defending against a takeover attempt by Riot Platforms, one of its main competitors. In June, Bitfarms mined…
Microsoft consolidates its retail channels in China
SHANGHAI – In response to recent media reports, Microsoft announced its decision to consolidate its retail channels in mainland China. This strategic move reflects the company’s ongoing assessment of its…
SEC Files Lawsuit Against FTX-Linked Bank, Alleging Fraud
The United States Securities and Exchange Commission (SEC) has taken legal action against Silvergate Capital Corporation, the parent company behind a crypto-friendly bank accused of facilitating fraud at the now-defunct…
Ether Investment Products Experience Largest Outflows Since 2022
Ethereum exchange-traded products faced a challenging end to June, recording the highest outflows since August 2022. According to CoinShares’ weekly analysis, investors withdrew $61 million from Ether investment products between…