SEC Decides Not to Pursue Enforcement Action Against Paxos
The US Securities and Exchange Commission (SEC) has announced its intention to cease its investigation into stablecoin issuer Paxos and will not file an enforcement case. This decision comes after…
Hedge Funds Eye South Korea for the Next AI Wave
Hedge funds targeting artificial intelligence-related stock market bargains are increasingly turning to South Korea’s chipmakers. They are betting that a new wave of demand for high-end memory chips and substantial…
AI Boom Propels Taiwan’s TSMC to Historic High, Joining Trillion-Dollar Elite
Taiwan Semiconductor Manufacturing Co. (TSMC) reached a historic milestone on Thursday, achieving a record high in its stock value following second-quarter revenue, driven by an escalating demand for AI applications.…
Crypto Miners in Malaysia Stole $723M in Electricity Since 2018
In Malaysia, illegal cryptocurrency mining operations have siphoned off approximately $723 million worth of electricity between 2018 and 2023, a staggering revelation made by the country’s Deputy Minister for Energy…
Meta to Expand VR Access to Younger Users with Parental Controls
On Wednesday, July 10, Meta has announced that users aged 10 to 12 will soon be able to interact with others in virtual reality (VR) with their parents’ approval. This…
Germany Reaches Agreement to Reduce Huawei’s Role in 5G Wireless Network
The German government and major mobile phone carriers have reached an agreement in principle to phase out components made by Chinese technology companies from the nation’s 5G wireless network over…
Apple Vision Pro Hits Shelves in Five New Regions
Apple’s Vision Pro, the company’s mixed reality headset, is now available in more countries outside the United States. Starting Friday, June 12, customers in Australia, Canada, France, Germany, and the…
Potential Security Breach at Compound Finance Site, According to ZachXBT
The Compound Finance website appears to have been hijacked, as crypto investigator ZachXBT has recently warned the digital finance community to steer clear of the site due to potential security…
The Struggles of Law Enforcement with Sophisticated Crypto Laundering Techniques
A recent report by Chainalysis highlights the growing challenge posed by sophisticated money laundering techniques within the cryptocurrency ecosystem. Released on July 11, the “Money Laundering and Cryptocurrency Report” reveals…
Accelerator Highlights Increase in Crypto Startups in Asia and Africa This Year
In the rapidly evolving landscape of cryptocurrency startups, the first half of 2024 has marked a significant shift in the geographical distribution of new companies entering the space. Recent data…
Samsung to Unveil Enhanced AI-Driven Bixby Voice Assistant This Year
PARIS — Samsung is set to launch an upgraded version of its voice assistant, Bixby, this year, leveraging its own artificial intelligence models. TM Roh, the head of Samsung’s mobile…
US Lawmakers Convene with Crypto Industry Executives in Capitol Hill Roundtable
On July 10, a strategic roundtable was held in Washington D.C., bringing together members of the United States Congress and a senior advisor to President Joe Biden, who participated in…
Microsoft Ends Its Role as Observer on OpenAI Board
Microsoft announced that it is relinquishing its observer seat on the OpenAI board due to increasing regulatory scrutiny of generative artificial intelligence in Europe and the U.S. This decision follows…
Goldman Sachs to Launch New Tokenization Products Amid Rising Crypto Interest
Goldman Sachs is gearing up to introduce three new tokenization products later this year in the United States and Europe. This move follows a significant surge in client interest in…
AMD to Acquire Finnish Startup Silo AI for $665 Million to Strengthen Its Position in the AI Race
Advanced Micro Devices (AMD) announced on Wednesday that it will acquire Finnish artificial intelligence startup Silo AI for approximately $665 million in cash. This strategic move aims to enhance AMD’s…
Apple Issues Spyware Attack Warning to iPhone Users in 98 Countries
Apple has issued a new round of threat notifications to iPhone users across 98 countries, warning them of potential mercenary spyware attacks. This is the second such alert campaign from…
CNN Prepares for Digital Future with Job Cuts
CNN is making significant changes as it prepares for a future beyond cable TV. On Wednesday morning, CEO Mark Thompson announced in a memo to staff that the company would…
The Samsung Galaxy Book4 Edge is currently discounted, making it a notable option in the laptop market.
Samsung’s Galaxy Book4 Edge is one of the first Copilot+ PCs running on the Snapdragon X Elite processor. This laptop comes with higher specs than many of its rivals. While…
Portal Introduces ‘PortalPay’ Interoperability for Blockchain Gaming
Portal, a unified blockchain gaming platform, has launched its new service, PortalPay. This innovative service is designed to lower the barriers to entry for blockchain gaming by offering an interoperability…
Coinbase to Launch “Stand With Crypto” Initiative in Canada
Cryptocurrency exchange Coinbase is expanding its advocacy for digital asset regulation to Canada after successful initiatives in the United States and the United Kingdom. Launching Stand With Crypto Canada In…