Indian Crypto Exchange Hit by $235M Hack, Pauses Withdrawals
Web3 security firm Cyvers has identified several suspicious transactions involving WazirX’s Safe Multisig wallet on the Ethereum network. According to an X post by Cyvers, approximately $234.9 million worth of…
Stripe Enables Cryptocurrency Purchases for European Clients, Report Reveals
Stripe, a leading financial services provider, has recently broadened its cryptocurrency offerings in the European market. This expansion enables European consumers to purchase cryptocurrencies like Bitcoin and Ether using their…
TSMC Surpasses Second-Quarter Profit Forecasts Amid Ongoing AI Chip Demand Surge
Taiwan Semiconductor Manufacturing Company (TSMC) exceeded revenue and profit expectations in the second quarter, driven by the growing demand for advanced chips used in AI applications. Metric Q2 2024 Actual…
Li.Fi Protocol Suffers Security Breach, Resulting in $10 Million Cryptocurrency Theft
On July 16, the Li.Fi protocol, which facilitates swaps and bridging between Ethereum Virtual Machine and Solana networks, experienced a significant security breach. Over $10 million worth of cryptocurrencies were…
Quasar Markets Welcomes Edward Crowley to Leadership Team
Quasar Markets, a leader in AI-powered financial market research solutions, is excited to announce the appointment of Edward Crowley to its leadership team. With a distinguished career spanning more than…
Senate Committee Reports Alarming Injury Rates During Amazon Prime Day
Amazon Prime Day, the 48-hour discount event that starts Tuesday, is a “major” cause of worker injuries, according to a Senate probe’s preliminary findings. The Senate’s Health, Education, Labor, and…
Kaspersky to Shut Down U.S. Operations and Lay Off Staff After Ban
Kaspersky will exit the U.S. market and lay off dozens of employees following a U.S. government ban on its software due to security concerns. Starting July 20, the Russian cybersecurity…
Nigerian Authorities Detain Prominent Crypto Figure in Fraud Enforcement Sweep
On July 17, the Nigeria Police Force announced the arrest of Linus Williams, a well-known figure in the Nigerian cryptocurrency scene, who goes by the moniker BLord. The Force Public…
Japan’s Nikon eyes innovative 3D printing for US defence market
Nikon Corp, the renowned Japanese precision equipment maker, is attracting interest from U.S. defense and aerospace companies for its advanced metal 3D printers. This expansion is part of Nikon’s broader…
Record $116M in Polymarket Trading Volumes Driven by High Stakes on Trump’s Election Outcome
July has marked a historic milestone for the crypto prediction platform Polymarket, with trading volumes reaching unprecedented levels due to intense speculation surrounding the upcoming United States presidential election. Dune…
Blockchain Venture Funding in Africa Falls 74% in First Half of 2024, According to CV VC Report
In the first half of 2024, Africa saw a significant decline in blockchain venture funding, with investments plummeting by 74% compared to the same period in 2023. This stark downturn…
Ultrahuman’s Smart Ring Receives FDA Approval for AFib Detection
The smart ring has long been overshadowed by the smartwatch. For years, tech giants like Apple and Google have battled for dominance over wrists, leaving the smart ring market relatively…
Ethereum Poised to Surpass Bitcoin Performance Post-ETF Launch, Kaiko Report Suggests
A recent report from Kaiko has sparked considerable interest within the cryptocurrency community by suggesting that Ether (ETH) may outperform Bitcoin (BTC) following the anticipated launch of Ethereum exchange-traded funds…
Wittaya Aqua’s AI-powered analytics boost aquaculture production for seafood farmers
Over 3 billion people worldwide rely on wild-caught and farmed seafood as their primary source of protein. Recently, global aquaculture production reached a new high, with 89% of all aquatic…
Mastering Time Management: Strategies for Workplace Productivity
Struggling to juggle tasks and meet deadlines? It’s time to take control of your schedule and skyrocket your productivity at work. By mastering time management, you can say goodbye to…
SEC Sets Deadline for Final S-1 Filings Ahead of Ether ETF Launch
The United States Securities and Exchange Commission (SEC) has recently issued final directives to asset managers who are in the process of launching Ether exchange-traded funds (ETFs), a move that…
MediaTek and Qualcomm Intensify Battle for Dominance in 5G Smartphone Market
MediaTek is outpacing Qualcomm in gaining 5G smartphone market share, according to research group Omdia, a Light Reading sister company. This shift is largely due to the increased availability of…
EU Court Upholds Gatekeeper Label for ByteDance, Empowering Regulators
ByteDance, the owner of the popular social media app TikTok, faced a significant legal setback on Wednesday. The company lost its court challenge against being designated as a “gatekeeper” under…
Amended Complaint Targets Tether and Bitfinix in Ongoing Lawsuit Over Alleged USDT Manipulation Scheme
The legal battle against Tether and its affiliated exchange Bitfinix intensifies as plaintiffs in a class-action lawsuit, ongoing since 2019, have filed an amended complaint in the Southern District of…
Samsung is creating AI features for China to regain market share.
Samsung is developing its suite of artificial intelligence features known as Galaxy AI specifically for the Chinese market, the company’s mobile chief told CNBC. This move comes as Samsung aims…