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Month: June 2024

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  • North Dakota Becomes Latest State to Revoke Binance.US License

North Dakota Becomes Latest State to Revoke Binance.US License

North Dakota’s Department of Financial Institutions (DFI) has revoked the money transmitter license of Binance.US, the American branch of the global cryptocurrency exchange Binance. This move, announced by DFI Commissioner…

AMD drives the latest AI-enabled smart parking solution in Singapore

Singapore – AMD has collaborated with Sun Singapore Systems Pte. Ltd., a prominent provider of smart parking solutions in Singapore, to unveil an innovative AI-powered parking system. Leveraging AMD Zynq…

SEC Ends Investigation into Ethereum’s Status — Consensys Announces

The United States Securities and Exchange Commission (SEC) has officially concluded its investigation into whether Ether (ETH), the cryptocurrency associated with the Ethereum network, qualifies as a security. This significant…

Amazon Faces Hefty Fine for California Labor Law Violations

Amazon is facing a hefty fine of nearly $6 million from the California Labor Commissioner for not properly informing its warehouse workers about their expected work quotas. The $5,901,700 penalty…

Brazilian Tax Authority to Seek Detailed Information from Foreign Crypto Exchanges: Report

Brazil’s Federal Revenue Authority, known as Receita Federal do Brasil (RFB), is poised to request detailed information from foreign cryptocurrency exchanges operating within the country. This initiative aims to ensure…

Apple’s AI Journey in China: Navigating Complex Challenges Ahead

Apple’s expansion into artificial intelligence (AI) is hitting significant hurdles in China, one of its most vital markets. The country’s stringent AI regulations and a competitive local smartphone industry pose…

EU’s Chat Control Law Could Break Privacy With Encrypted Message Scans

The European Union is currently considering a contentious law known as the chat control law, which aims to combat child sex abuse material (CSAM) by mandating the scanning of encrypted…

Coinbase Executive Highlights Need for Greater Political Engagement on Crypto in Canada

Lucas Matheson, the country director for cryptocurrency exchange Coinbase in Canada, provided insightful commentary on the state of crypto regulation during the Collision conference in Toronto on June 18. Matheson…

Autify Unveils Zenes: AI-Powered Agent for Enhancing Software Quality Assurance

In a significant step forward for the software development industry, Autify, a startup with bases in San Francisco and Tokyo, announced on Monday the successful closure of a $13 million…

US Justice Department Opposes Sentence Reduction for Former Ethereum Developer Virgil Griffith

In a recent development, the United States Justice Department has strongly opposed a motion by former Ethereum developer Virgil Griffith to reduce his prison sentence for violating sanctions on North…

Google Launches Gemini Mobile App in India with Support for Nine Indian Languages

Google has officially launched its dedicated AI mobile app, Gemini, in India, expanding its reach to a broader audience by offering support for multiple Indian languages. This rollout comes over…

Press Ranger Revolutionizes Media Outreach with AI-Powered Media Database

Press Ranger, an AI-powered PR tool, is transforming how businesses secure media coverage. By automating the process of pitching journalists, Press Ranger makes it quick, easy, and effective to get…

Security Researcher Discovers Flaw Allowing Email Spoofing in Outlook

A critical security flaw discovered in Microsoft’s email system could permit attackers to mimic Microsoft corporate email accounts, increasing the likelihood of successful phishing attacks. Researcher Vsevolod Kokorin, who operates…

Perplexity AI Successfully Expands into Japan through Strategic Partnership with SoftBank

After its announcement of a strategic partnership with SoftBank in April 2024, Perplexity, the San Francisco-based AI search engine challenging Google, is leveraging this collaboration to broaden its user base…

Market and Regulatory Dynamics Propel Retail Crypto Growth in Canada

The future of retail cryptocurrency trading in Canada appears promising, driven by a blend of favorable market conditions and a supportive regulatory environment. At the Collision event in Toronto, Dean…

CleanSpark Expands Operations with Acquisition of Five Georgia Mining Facilities

CleanSpark, a leading American Bitcoin (BTC) mining company renowned for its commitment to using clean energy, has taken a significant step forward by announcing a definitive agreement to acquire five…

FTC Hands TikTok Child Privacy Complaint to Justice Department

The U.S. Federal Trade Commission (FTC) has escalated its case against TikTok and its parent company, ByteDance, by referring it to the Department of Justice (DOJ). This referral, announced on…

Fox and Time Implement Blockchain Technology to Tackle Misinformation

Fox Corporation and Time, a prominent global media brand, have entered into a strategic partnership utilizing Fox’s Verify protocol to enhance content licensing and verification processes. This collaboration marks a…

Dell and Super Micro to Supply Server Racks for xAI’s Supercomputer Initiative

Elon Musk’s artificial intelligence startup, xAI, is poised for a significant technological leap with new partnerships announced with Dell Technologies and Super Micro Computer. These tech giants will provide crucial…

BBVA Advocates Bitcoin and Ether as Significant Enhancers for Portfolio Performance

The inclusion of Bitcoin and Ether, the leading cryptocurrencies by market cap, can dramatically enhance the performance of traditional investment portfolios. This assertion comes from Philippe Meyer, head of digital…