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Month: July 2024

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  • Coinbase Pursues Legal Action to Obtain SEC Chair Gensler’s Emails Amid Regulatory Dispute

Coinbase Pursues Legal Action to Obtain SEC Chair Gensler’s Emails Amid Regulatory Dispute

Coinbase, a leading cryptocurrency exchange, has intensified its legal battle with the U.S. Securities and Exchange Commission (SEC) by filing a motion to compel the production of private emails from…

Spain Launches Antitrust Probe into Apple’s App Store

Spain’s competition authority, the Comisión Nacional de los Mercados y la Competencia (CNMC), has initiated an investigation into Apple’s App Store, citing concerns that the tech giant may be imposing…

Vitalik Buterin Unveils Circle STARKs to Enhance Blockchain Efficiency

Ethereum co-founder Vitalik Buterin has recently introduced a groundbreaking cryptographic protocol known as Circle STARKs. This new development promises to enhance both the security and efficiency of blockchain technology significantly.…

Taiwanese Rocket Startup Poised to Test Japan’s Ambitious Space Hub Vision

A Taiwanese startup, TiSpace, is set to become the first foreign company to launch a rocket from Japan by early next year. This initiative is part of a broader strategy…

Revolut Receives UK Banking License After Three-Year Wait

Revolut, the prominent British fintech company, announced on Thursday, July 25 that it has obtained a banking license with restrictions from the U.K.’s Prudential Regulation Authority (PRA). This achievement concludes…

SK Hynix Achieves Record Quarterly Profit in 6 Years, Driven by AI Chip Dominance

SK Hynix, a leading global memory chipmaker, announced that its second-quarter profits have reached the highest level in six years, thanks to its strong position in the advanced memory chip…

Anndy Lian from Neurai Discusses COPX.AI and AI Finance Models at Web3BB Tokyo

Web3BB, one of the largest business communities in Japan, recently hosted a landmark event that brought together thought leaders, innovators, and enthusiasts from around the globe to discuss the future…

MonoSwap Suffers Security Breach, Urges Users to Halt Deposits and Withdraw Funds

MonoSwap, a decentralized exchange and staking platform, disclosed on July 24 that it had fallen victim to a malicious hack. The platform has issued an urgent advisory to its users,…

Insider scoop: How HashMicro’s Groundbreaking Solutions Reshape Singapore’s Business Norms

Over the past decade, Singapore has become a global player in innovation and technology, spurred by government-led initiatives and a commitment to Industry 4.0 principles. Among the country’s existing tech…

Waymo Gains $5 Billion Support from Alphabet

Alphabet will invest up to $5 billion in its self-driving subsidiary, Waymo, over the next few years. This announcement was made by Alphabet CFO Ruth Porat during the company’s second-quarter…

Chinese AI Video Model Allegedly Censors Politically Sensitive Content

A new video-generating AI model named Kling, developed by Beijing-based Kuaishou, is now widely accessible. However, it appears to censor politically sensitive topics linked to its country of origin, China.…

Biden’s Withdrawal from Presidential Race Spurs Temporary Bitcoin Recovery to $68K

The recent announcement by U.S. President Joe Biden that he will not seek re-election in the 2024 Presidential race had an immediate, albeit brief, impact on Bitcoin’s market value. This…

LG Energy Solution Lowers Earnings Forecast Amid Sluggish EV Demand; Shares Plummet

South Korean battery manufacturer LG Energy Solution (LGES) has issued a warning about a revenue decline for this year, projecting a drop of over 20%. The company attributes this decline…

Kraken Completes Distribution of Mt. Gox Bitcoin Without Significant Selling Activity from Creditors

Crypto exchange Kraken has officially concluded the distribution of Bitcoin and Bitcoin Cash to creditors of the defunct Mt. Gox exchange, as announced by Kraken’s CEO, Dave Ripey. This marks…

TOVNET Secures Strategic Supply Contracts for SolarCams and Gains Global Recognition

TOVNET, a leader in innovative solar-powered surveillance solutions, has secured a significant supply contract for its SolarCams in Indonesia, targeting the regions of Pekanbaru City and Pelalawan Regency on Sumatra…

Elon Musk Reschedules Tesla Robotaxi Unveiling to October 10

Elon Musk announced a new date for unveiling Tesla’s “robotaxi” prototype, now set for October 10, after delaying the original reveal planned for August 8. Musk indicated that the delay…

The HOTH Announces Stunning SEO Success: 241% Traffic Boost for Small Business

The HOTH is proud to announce a remarkable success story with their HOTH X program, achieving a 241% traffic boost for a window tinting enterprise. Initially, the business faced significant…

Worldcoin Refutes Allegations of Insider Trading and Market Manipulation

Worldcoin has recently found itself at the center of controversy following claims of insider trading and price manipulation concerning its cryptocurrency, the Worldcoin (WLD) token. These allegations have sparked a…

Telegram Surpasses 950 Million Users, Announces Plans for New App Store Launch

Messaging app Telegram has reached 950 million active users, with the company’s founder Pavel Durov announcing plans to surpass the 1 billion mark by the end of this year. Durov…

Indian Finance Minister Overlooks Crypto Tax Reduction Requests in 2024 Budget

During the presentation of the 2024 Union Budget on July 23, Indian Finance Minister Nirmala Sitharaman made no mention of cryptocurrencies, leaving the existing taxation structure unchanged. This decision was…