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Month: May 2024

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  • BlackRock’s iShares Bitcoin Trust Records First Zero Inflow Day

BlackRock’s iShares Bitcoin Trust Records First Zero Inflow Day

The U.S. Bitcoin ETF market, since its inception with the launch of BlackRock’s iShares Bitcoin Trust (IBIT) on January 11, has experienced remarkable investor engagement. However, recent trends suggest a…

Terraform Labs Advocates for $1M Fine in SEC Lawsuit, Opposes Disgorgement

Terraform Labs and its co-founder, Do Kwon, are embroiled in a significant legal battle with the United States Securities and Exchange Commission (SEC). Following a jury verdict that found them…

China’s Gaming Regulator Issues Licenses to 95 New Titles in April

China’s National Press and Publication Administration (NPPA) has authorized the release of 95 new video games in April, the smallest number so far in 2024. This month’s approved titles include…

Meta tests its innovative AI chatbot on WhatsApp, Instagram, and Messenger in India and Africa.

Meta, formerly Facebook, has embarked on a significant initiative to introduce its Meta AI chatbot to users in emerging markets such as India and Africa. This effort aligns with Meta’s…

ConsenSys Challenges SEC, Seeks Court Decision Declaring Ethereum Not a Security

ConsenSys, a pivotal figure within the Ethereum ecosystem, has initiated a legal battle against the U.S. Securities and Exchange Commission (SEC) by filing a lawsuit in a Texas federal court.…

Lawsuit Filed Against Meta for False Celebrity Endorsements in Investment Advertisements

Four individuals have initiated legal proceedings against Meta Platforms Inc.’s Japanese subsidiary for allegedly allowing fraudulent investment advertisements featuring counterfeit celebrity endorsements on its platforms, Facebook and Instagram. The lawsuit,…

Exponent Energy introduces 15-minute charging for passenger three-wheelers in India

In a monumental step towards electrification, India is set to welcome the Stream City Qik, an electric three-wheeler passenger vehicle capable of charging from 0 to 100% in just 15…

Aligned Layer Garners $20M in Series A Funding to Enhance ZK Proofs on Ethereum

The Ethereum blockchain, a cornerstone of the cryptocurrency world, is on the brink of an efficiency transformation with Aligned Layer’s latest financial injection aimed at enhancing Zero-Knowledge (ZK) proofs, a…

No Salary, No Problem for Spotify’s Daniel Ek With $178 Million in Sales

Spotify CEO Daniel Ek and other top executives at the company have been capitalizing on the surging share price of the streaming giant, resulting in substantial financial gains for them…

Cobot proudly reveals innovative non-humanoid robots, announces $100M Series B.

The burgeoning field of robotics, traditionally dominated by applications in heavy industry and scientific research, is experiencing a significant shift as startups like Sunnyvale, California’s Collaborative Robotics, commonly known as…