Microsoft’s Hiring of Inflection Staff Faces UK Merger Probe
Microsoft’s recent hiring of employees from Inflection AI has prompted the UK’s Competition and Markets Authority (CMA) to initiate a merger investigation. This hiring includes key figures such as Mustafa…
Launch of Ether ETFs Sets Stage for Solana-Based ETFs and Broad Crypto Product Expansion, Analyst Predicts
The upcoming launch of the first spot Ether exchange-traded funds (ETFs) is anticipated to revolutionize the landscape of cryptocurrency investments. Eric Balchunas, a senior ETF analyst at Bloomberg, predicts that…
Trump Plans Fourth NFT Collection, Expresses Concern Over Potential Chinese Dominance in Cryptocurrency
Former United States President Donald Trump has announced plans to launch a fourth non-fungible token (NFT) collection, highlighting his growing interest in the cryptocurrency sector. During a comprehensive interview with…
IMOTO Unveils VISION.ev: Indonesia’s First Locally Manufactured Electric Motorcycle
Jakarta played host to the global unveiling of VISION.ev, an electric motorcycle fully designed and engineered in Indonesia. This event marks a major advancement towards sustainable transportation. The launch took…
Fisker Cleared for $46.25 Million Ocean SUV Sale
Fisker has been authorized by a bankruptcy judge to sell over 3,000 Ocean SUVs to American Lease, a vehicle leasing company, in a deal worth up to $46.25 million. This…
Rakuten Increases Target Price to RM1.23, Anticipates Growth in AI Server Demand for SNS
Rakuten Trade has affirmed its ‘buy’ rating for SNS Network Technology Bhd (KL) at 84 sen, raising the target price to RM1.23 from 54 sen. This upgrade reflects a revised…
German Government’s Bitcoin Sale Nets $2.8 Billion
The German government has confirmed a substantial emergency sale of Bitcoin, which commenced in June 2024. An official statement from the state of Sachsen on July 17 detailed the sale…
Trump Considering Bitcoin Critic Jamie Dimon for U.S. Treasury Secretary
Former United States President and current Republican nominee Donald Trump recently indicated he might consider JPMorgan CEO Jamie Dimon for a key position in his administration if re-elected. Specifically, Trump…
Indian Crypto Exchange Hit by $235M Hack, Pauses Withdrawals
Web3 security firm Cyvers has identified several suspicious transactions involving WazirX’s Safe Multisig wallet on the Ethereum network. According to an X post by Cyvers, approximately $234.9 million worth of…
Stripe Enables Cryptocurrency Purchases for European Clients, Report Reveals
Stripe, a leading financial services provider, has recently broadened its cryptocurrency offerings in the European market. This expansion enables European consumers to purchase cryptocurrencies like Bitcoin and Ether using their…
TSMC Surpasses Second-Quarter Profit Forecasts Amid Ongoing AI Chip Demand Surge
Taiwan Semiconductor Manufacturing Company (TSMC) exceeded revenue and profit expectations in the second quarter, driven by the growing demand for advanced chips used in AI applications. Metric Q2 2024 Actual…
Li.Fi Protocol Suffers Security Breach, Resulting in $10 Million Cryptocurrency Theft
On July 16, the Li.Fi protocol, which facilitates swaps and bridging between Ethereum Virtual Machine and Solana networks, experienced a significant security breach. Over $10 million worth of cryptocurrencies were…
Quasar Markets Welcomes Edward Crowley to Leadership Team
Quasar Markets, a leader in AI-powered financial market research solutions, is excited to announce the appointment of Edward Crowley to its leadership team. With a distinguished career spanning more than…
Senate Committee Reports Alarming Injury Rates During Amazon Prime Day
Amazon Prime Day, the 48-hour discount event that starts Tuesday, is a “major” cause of worker injuries, according to a Senate probe’s preliminary findings. The Senate’s Health, Education, Labor, and…
Kaspersky to Shut Down U.S. Operations and Lay Off Staff After Ban
Kaspersky will exit the U.S. market and lay off dozens of employees following a U.S. government ban on its software due to security concerns. Starting July 20, the Russian cybersecurity…
Nigerian Authorities Detain Prominent Crypto Figure in Fraud Enforcement Sweep
On July 17, the Nigeria Police Force announced the arrest of Linus Williams, a well-known figure in the Nigerian cryptocurrency scene, who goes by the moniker BLord. The Force Public…
Japan’s Nikon eyes innovative 3D printing for US defence market
Nikon Corp, the renowned Japanese precision equipment maker, is attracting interest from U.S. defense and aerospace companies for its advanced metal 3D printers. This expansion is part of Nikon’s broader…
Record $116M in Polymarket Trading Volumes Driven by High Stakes on Trump’s Election Outcome
July has marked a historic milestone for the crypto prediction platform Polymarket, with trading volumes reaching unprecedented levels due to intense speculation surrounding the upcoming United States presidential election. Dune…
Blockchain Venture Funding in Africa Falls 74% in First Half of 2024, According to CV VC Report
In the first half of 2024, Africa saw a significant decline in blockchain venture funding, with investments plummeting by 74% compared to the same period in 2023. This stark downturn…
Ultrahuman’s Smart Ring Receives FDA Approval for AFib Detection
The smart ring has long been overshadowed by the smartwatch. For years, tech giants like Apple and Google have battled for dominance over wrists, leaving the smart ring market relatively…