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Month: May 2024

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  • South Korea Enhances Crypto Oversight with Permanent Investigative Department

South Korea Enhances Crypto Oversight with Permanent Investigative Department

South Korea is taking significant steps to fortify its approach to cryptocurrency regulation. In a move reflective of the growing importance of digital assets within the legal and economic landscape,…

TikTok and UMG Resolve Dispute Bringing Top Artists Back to Platform

Artists from Universal Music Group (UMG), including prominent names like Taylor Swift, Drake, Adele, Bad Bunny, and Billie Eilish, are set to make their return to TikTok following a new…

Proton unveils Pass Monitor to bolster password security.

In the ever-evolving landscape of cybersecurity, Proton, a renowned advocate for privacy and security, has unveiled its latest innovation: Pass Monitor. This cutting-edge tool is poised to redefine how individuals…

Avalanche Teams Up with Stripe to Simplify Fiat-to-Crypto Conversion for Users

The Avalanche C-Chain network has taken a significant step in simplifying cryptocurrency access by partnering with the payment giant Stripe. This collaboration enables verified Stripe users to purchase Avalanche’s cryptocurrency,…

Google Expands Advertising Policy to Prohibit Deepfake Porn Services

Google has officially expanded its advertising restrictions to include a ban on promoting services and websites that offer tools for creating deepfake pornography. Effective from May 30, this policy update…

Intrinsic cleverly integrates Nvidia technology into its robotics platform.

The Automate conference, a premier event in the field of robotics and automation, kicked off with a groundbreaking announcement from Alphabet X spinout, Intrinsic. In a move set to revolutionize…

Tether Makes a $200 Million Investment in Neurotechnology Firm Blackrock Neurotech

Tether, the operator behind the world’s largest stablecoin by market cap, USDT, has embarked on a transformative journey with a substantial $200 million investment in Blackrock Neurotech, positioning itself as…

X Debuts Grok’s Stories, A New AI Summary Feature for Trending News

X, the platform previously known as Twitter, has introduced a new feature powered by Elon Musk’s AI chatbot, Grok. This feature, named Grok’s Stories, offers summarized versions of trending stories…

China’s Ant Group intensifies its focus on global expansion, unveiling a cross-border payments service featuring Alipay+.

In a strategic move to bolster its international footprint, Chinese fintech powerhouse Ant Group is leveraging its digital payment solution, Alipay+, to facilitate seamless transactions across borders. The initiative comes…

Bionic Bird Unveils X-Fly: The Next Frontier in Ornithopter Technology

Bionic Bird, the leader in biomimetic flight innovations, recently announced the launch of its flying creature X-Fly. This groundbreaking development in ornithopter technology promises to make the dream of mimicking…

Backlinks.com Unveils Groundbreaking Digital PR Services

Backlinks.com, a leading figure in the SEO industry, proudly announces the launch of its new Digital PR services, set to transform the digital marketing landscape. With over a decade of…

Runes Drive Transaction Fees Over 1,200 BTC, Offering Boost to Miners Post-Halving

In the wake of Bitcoin’s latest halving, the industry has witnessed significant shifts in the revenue dynamics for miners. A surprising twist has come from the implementation of Runes, a…

Tesla to Sell Software Upgrade for Extended Range on Model Y

Tesla has recently disclosed plans to offer an upgrade that unlocks additional driving range for some owners of the Model Y. This upgrade, which involves a software update, comes with…

Qualcomm soars as AI ignites recovery in the Chinese smartphone market

In a remarkable surge, shares of Qualcomm (QCOM.O) soared by approximately 10%, reaching a level not seen in over two years, driven by signals of a robust demand rebound, particularly…

Cryptocurrency Expected to Reach One Billion Users by 2025, Says Analyst

The cryptocurrency industry stands on the brink of a major milestone, with predictions suggesting it could amass one billion users by the end of 2025. Bitcoin analyst Willy Woo recently…

Jack Dorsey Steps Down from Bluesky Board

Jack Dorsey, a key figure in the tech industry and the former CEO of Twitter (now X), has officially departed from the board of Bluesky, a decentralized social network he…

Samsung’s operating profit skyrockets 930% due to soaring demand for memory chips driven by AI.

Samsung Electronics, the South Korean tech giant, announced on Tuesday a staggering surge in operating profit, exceeding 930% in the first quarter of 2024. The remarkable growth was propelled by…

Lido Finance Surpasses One Million Validators, Catalyzing DeFi Sector Growth

Lido Finance, recognized as the leading liquid staking protocol on Ethereum, recently celebrated reaching one million validators, a significant landmark for the decentralized finance (DeFi) sector. Growth of Lido Finance…

Microsoft Prohibits US Police Departments from Deploying Enterprise AI Tool for Facial Recognition

Microsoft has recently updated its policies to tighten restrictions on the use of its Azure OpenAI Service by U.S. police departments, specifically banning the integration of this service for facial…

Allozymes harnesses its turbocharged enzymes for a data and AI venture, securing a big $15 million investment

Allozymes, a biotech startup, has made waves in the bio-based chemical industry with its innovative method of rapidly testing millions of enzyme variants for various chemical reactions. What began as…