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Month: July 2024

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  • Bitcoin Hashrate Drawdown Dips to December 2022 Levels

Bitcoin Hashrate Drawdown Dips to December 2022 Levels

The Bitcoin hashrate drawdown, a crucial metric measuring dips in the relative computing power of the Bitcoin network, has declined to levels not seen since December 2022, following the collapse…

Top Strategic Leaders Master 4 Key Disciplines

Did you know that only 10% of leaders exhibit mastery in all four key disciplines essential for success? These disciplines are pivotal in navigating today’s complex business landscape. By honing…

Nigerian Analyst Advocates for Crypto Regulation Modeled After European Standards

A Nigerian data and policy analyst, Obinna Uzoije, has commended the European Union’s recent implementation of the Markets in Crypto-Assets Regulation (MiCA) pertaining to stablecoins. He believes that such regulatory…

Falcon Investment Management Unlocks Ultra-Exclusive Hedge Fund Strategy for Family Offices

Falcon Investment Management Ltd (“Falcon”), a prominent multi-manager hedge fund platform based in London, is pleased to announce the launch of a new fund that provides select investors access to…

Historical Trends Suggest Potential Bitcoin Recovery in July

Despite experiencing a 7% decline in June, Bitcoin may be poised for a strong rebound in July, continuing a pattern observed in previous years. Historical data from Coinglass, which has…

Meta Adjusts AI Labels for Photos After Backlash

Meta is revising its labeling for AI-generated images after facing widespread complaints from photographers about the previous “Made with AI” labels. The update, prompted by user feedback, will change the…

NASA and Boeing Assure: Starliner Crew Will Return Safely Despite Extended ISS Stay

NASA and Boeing officials have confirmed that astronauts aboard the International Space Station (ISS) are not stranded, despite the Starliner spacecraft’s ongoing thruster issues which have extended their stay. Engineers…

“The Asia-Pacific RWA Tokenization Platform” 2024 Biannual Forum is being held in Singapore: The Real Application Moment of RWA is Approaching

On June 26th, the Asia-Pacific RWA Tokenization Platform (APRTP-Asia-Pacific RWA Tokenization Platform) held its 2024 Biannual Forum at the Singapore Sands Convention Centre. Two world-class bank and bank-backed institutions, Qatar…

China’s top EV makers, Li Auto, Xpeng, and Nio, achieve strong sales despite discounts.

China’s top three premium electric vehicle (EV) manufacturers, Li Auto, Xpeng, and Nio, have demonstrated strategic business acumen. Despite the necessity for discounts and incentives, these companies have achieved significant…

China’s AI firms are rationing services due to a chip shortage.

China’s chip industry has made significant strides in developing advanced semiconductors capable of powering 5G smartphones. However, it has yet to achieve the capability to produce chips powerful enough to…

Bitfarms Mined 21% More Bitcoin in June Amid Riot Takeover Attempts

Bitcoin miner Bitfarms increased its month-on-month Bitcoin production by 21% in June while defending against a takeover attempt by Riot Platforms, one of its main competitors. In June, Bitfarms mined…

Microsoft consolidates its retail channels in China

SHANGHAI – In response to recent media reports, Microsoft announced its decision to consolidate its retail channels in mainland China. This strategic move reflects the company’s ongoing assessment of its…

SEC Files Lawsuit Against FTX-Linked Bank, Alleging Fraud

The United States Securities and Exchange Commission (SEC) has taken legal action against Silvergate Capital Corporation, the parent company behind a crypto-friendly bank accused of facilitating fraud at the now-defunct…

Ether Investment Products Experience Largest Outflows Since 2022

Ethereum exchange-traded products faced a challenging end to June, recording the highest outflows since August 2022. According to CoinShares’ weekly analysis, investors withdrew $61 million from Ether investment products between…

Intel’s upcoming CPUs will no longer support DDR4 memory.

Intel is eagerly preparing to launch its highly anticipated next-generation Arrow Lake CPUs later this year, with a significant change that is sure to spark interest among tech enthusiasts. According…

Twitch Honors Top Streamers with New ‘Bleed Purple Statue’

Twitch has unveiled the “Bleed Purple Statue,” a new form of physical recognition for its streamers, announced during Twitchcon Europe 2024 in Rotterdam. These awards, part of the Twitch Streamer…

Zhihu launches an AI-driven feature to enhance user engagement.

Beijing, China – Zhihu, often referred to as China’s Quora, has distinguished itself with the launch of an innovative AI feature. This generative AI, introduced on a recent Saturday, automatically…

Philippines Implements Tether’s USDT for Social Security Contributions

In a groundbreaking move, Tether, the world’s largest stablecoin issuer, has collaborated with the Philippines’ Social Security System (SSS) to integrate cryptocurrency as a viable payment option for social security…

Xurya secures a US$55 million investment to enhance renewable energy initiatives in Indonesia

Indonesia’s premier renewable energy company, Xurya, has secured a substantial new investment of US$55 million to enhance its operations and drive the nation’s renewable energy sector forward. The funding round…

Detroit Implements New Limits on Police Use of Facial Recognition Technology

The Detroit Police Department, under the terms of a recent legal settlement, has established strict new policies on the use of facial recognition technology. This agreement, designed to serve as…