German BaFin Regulator Intensifies Crackdown on Unauthorized Crypto ATMs
On August 20, Germany’s Federal Financial Supervisory Authority (BaFin) announced a significant enforcement action against cryptocurrency ATMs across the country. In a coordinated effort with the Federal Criminal Police Office,…
Polymarket Predicts High Probability of RFK Jr. Exiting Presidential Race Ahead of Speech
Independent presidential candidate Robert F. Kennedy Jr. is reportedly poised to exit the 2024 United States presidential race, with an announcement expected during a live broadcast from Phoenix on August…
XMAKE.com Scales Up Cloud-Based Solutions; Aims to Carve Cut the Future of Custom Manufacturing
One-stop manufacturer XMAKE.com has expanded its cloud-based solutions in a bid to help businesses streamline manufacturing processes and pave the way for the future of custom manufacturing. With businesses looking…
El Salvador Initiates Bitcoin Certification Program for Government Employees
El Salvador, known for its progressive stance on cryptocurrency, has embarked on an ambitious project to enhance its public sector’s understanding of Bitcoin. The National Bitcoin Office (ONBTC) has launched…
iQuant Fund Announces Completion of Series A Funding
iQuant.fund, an innovative fintech company specializing in AI-driven trading technology, proudly announces the successful completion of its Series A funding round. As the company moves forward, it is entering strategic…
Microsoft Unveils Unified Teams App for Seamless Account Switching
Microsoft has launched a new unified Teams app for Windows 11, Windows 10, and macOS, enabling users to easily switch between personal and work accounts. This new development provides a…
Nvidia Expands G-Sync Accessibility Through MediaTek Collaboration
Nvidia has announced a pivotal update to its G-Sync technology, eliminating the need for a proprietary hardware module by integrating G-Sync features directly into MediaTek’s monitor scalers. This development marks…
WEFONE LED Launches Interactive Smart Board for Dubai Offices
WEFONE LED, a prominent player in the LED display technology sector, is pleased to announce the launch of its latest innovation, the Interactive Smart Board. Tailored specifically to meet the…
US Regulator Imposes $150K Fine on Crypto Fund for Unauthorized Bitcoin Loan
On August 20, the National Futures Association (NFA), a regulatory body overseeing the United States derivatives market, concluded a significant enforcement action against the cryptocurrency fund Ikigai Strategic Partners. The…
Shein Accuses Temu of Copyright Infringement and Counterfeiting
Shein has filed a comprehensive lawsuit against its rival Temu, accusing the fast-fashion retailer of engaging in widespread copyright infringement, counterfeiting, and intellectual property theft. This legal action, taken in…
CZ and Binance Confront New Lawsuit Over Allegations of Facilitating Crypto Laundering
Binance and its former CEO, Changpeng “CZ” Zhao, are embroiled in a new legal challenge as they face a class-action lawsuit initiated by three cryptocurrency investors. These plaintiffs claim that…
India’s Tollbooth Automation Enhanced by Nvidia’s Accelerated Computing
India is leveraging Nvidia’s accelerated computing technology to tackle the challenge of tollbooth traffic, which affects a road network stretching over four million miles across 1,000 tollbooths. The Indian road…
China’s Supreme Court Updates Anti-Money Laundering Law to Encompass ‘Virtual Assets’
China’s top legal authorities have taken a major step in the regulation of digital currencies by updating the country’s Anti-Money Laundering (AML) laws to formally recognize “virtual asset” transactions. This…
Authors File Class-Action Lawsuit Against Anthropic
Anthropic, an AI startup backed by Amazon, is now facing a class-action lawsuit in California federal court, with allegations of copyright infringement at the core of the case. Authors Accuse…
OpenAI Announces Content Partnership with Condé Nast
OpenAI has announced a partnership with Condé Nast, allowing its AI-powered products, such as ChatGPT and SearchGPT, to feature and display content from several of Condé Nast’s prominent publications, including…
SleekFlow Secures $7M to Expand Conversational AI in Asia
SleekFlow, a social commerce platform with headquarters in Singapore and Hong Kong, has secured an additional $7 million in funding to further develop its conversational AI suite for customer engagement…
Zoom Now Supports Up to One Million Attendees Following Large Political Fundraisers
Zoom has significantly increased its capacity for webinar calls, now allowing up to one million simultaneous participants, following a series of massive fundraising events held to support Vice President Kamala…
Cyber Incident Affects Microchip Technology’s Business Operations
Microchip Technology has disclosed a cyber incident involving an “unauthorized party” that has disrupted some of its servers and affected business operations. This latest security breach adds to the series…
Bitcoin Demand Experiences Significant Decline Since April — CryptoQuant Analysis
According to a recent report by CryptoQuant dated August 20, the demand for Bitcoin has been on a downward trajectory since April, with recent weeks nearing negative levels. This decline…
Nigerian SEC Set to Issue Licenses for Cryptocurrency Platforms Amid Market Expansion
The Nigerian Securities and Exchange Commission (SEC) is poised to issue licenses to cryptocurrency exchanges, marking a significant development in the regulatory framework for digital assets within the country. This…