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Month: July 2024

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OKX Chooses Malta as MiCA Hub to Ensure EU Crypto Compliance

OKX, a prominent crypto exchange and Web3 technology company, has announced that it will establish Malta as its Markets in Crypto-Assets (MiCA) hub. This decision aims to ensure compliance with…

Samsung Set to Acquire UK-Based AI Startup Oxford Semantic in Strategic Move

Samsung Electronics announced today that it has signed an agreement to acquire Oxford Semantic Technologies, a UK-based startup specializing in knowledge graph technology. Established Founders Specialization Key Technology Clients 2017…

Revolutionary Tool Facilitates ‘No-Code’ Blockchain Deployment

BVM Studio represents a groundbreaking advancement in the blockchain space, offering a no-code solution designed to make blockchain technology more accessible to a broader audience. Developed by the blockchain-as-a-service infrastructure…

Launch of the ‘Renegade Money’ TV Show and “Trick Plays of the Rich”, a Wealth Strategies Book

Photo Credit: Angel Guadalupe David J. Bradford has officially announced his departure from Drive Planning and the launch of his new ventures, including the highly anticipated “Renegade Money” TV show…

Meta Won’t Launch Its AI Models in Europe Due to Uncertain Regulations

Meta will withhold its multimodal AI models from the EU amid regulatory uncertainty. This decision could prevent services using Meta’s AI models from being offered in Europe. Meta announced that…

EU Blockchain Initiatives Progress from Hype to Practical Implementation, Report Reveals

The International Association for Trusted Blockchain Applications (INATBA) has released an insightful report indicating a significant shift in the nature of blockchain projects within the European Union. According to the…

SEC Approves Grayscale and ProShares Spot Ethereum ETFs for Trading on NYSE Arca

The United States Securities and Exchange Commission (SEC) has granted approval for two spot Ethereum exchange-traded funds (ETFs)—Grayscale Ethereum Mini Trust and ProShares Ethereum ETF—to be listed on the New…

China Trade Fears Trigger $500 Billion Loss in Chip Stocks

The semiconductor industry faced a significant setback on Wednesday, losing over $500 billion in stock market value. This marks the worst session for the sector since 2020, triggered by reports…

Judge Reduces Ethereum Developer’s Prison Sentence by 7 Months

A federal judge has recently granted a motion to reduce the prison sentence of Virgil Griffith, a former Ethereum developer who pleaded guilty to violating sanctions against North Korea. In…

UK Video Game Sales Plummet by 30% in First Half of 2024

UK video game sales have seen a substantial decline, dropping by 30% in the first half of 2024 compared to the same period in 2023. This trend aligns with a…

New ‘Crypto Ring’ Brings Bitcoin Self-Custody to Everyday Users

The concept of cryptocurrency self-custody is undergoing a transformation with the introduction of wearable technology. Tangem, a hardware wallet company, has announced the launch of the Tangem Ring on July…

FCC Proposes 60-Day Phone Unlocking Rule

The Federal Communications Commission (FCC) aims to set a standard time frame for consumers to unlock their cell phones, enabling them to switch carriers more easily. On Thursday, July 18,…

Bitfinex Derivatives Partners with Thalex for Enhanced Crypto Exchange Services

Bitfinex Derivatives recently announced a strategic collaboration with Thalex, a fellow Seychelles-based crypto derivatives exchange, to significantly expand its range of services. This partnership is set to introduce options, dated…

Chinese Team Leverages Quantum Technology to Track Electrons in Superconductors

A team of Chinese researchers has developed a quantum computer capable of simulating the movement of electrons in solid-state materials. This achievement could pave the way for applications that surpass…

Elon Musk Moves X and SpaceX Headquarters to Texas Over New California LGBTQ Law

Elon Musk is relocating the headquarters of X and SpaceX from California to Texas in response to a new California law supporting LGBTQ students. Musk announced this decision following Governor…

Global Outage Triggers Sharp Decline in CrowdStrike and Microsoft Premarket Shares

On a turbulent Friday, the cybersecurity landscape was rocked by a significant outage, precipitated by an update from CrowdStrike, a leader in cloud-delivered protection against cyber breaches. This incident not…

Intel’s Investments in China Possibly Caused New US Restrictions

According to a recent report by the Financial Times, Intel Capital is one of the most active foreign investors in China’s artificial intelligence and silicon startups. Currently, Intel Capital owns…

Microsoft Reports Recovery of Cloud Services Following Outage, Yet ‘Blue Screen of Death’ Issues Persist

On a tumultuous Friday, both Microsoft and cybersecurity firm CrowdStrike experienced significant service disruptions. Microsoft announced the restoration of its cloud services, although numerous users continued to report persistent problems.…

NASA Ends VIPER Rover Due to Rising Costs

NASA has canceled the VIPER project, its first robotic lunar rover mission, due to rising costs and delays. This decision, announced on Wednesday, July 17, aims to prevent disruptions in…

Apple and NVIDIA Among Companies Using YouTube Transcripts Without Permission to Train AI Models

Apple, NVIDIA, Anthropic, and Salesforce have been found to use YouTube transcripts without permission to train their AI models, according to an investigation by Proof News. The dataset, created by…