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Month: December 2024

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China Implements Stricter Forex Controls Targeting Cryptocurrency Transactions

China’s State Administration of Foreign Exchange recently unveiled stringent regulations aimed at bolstering the scrutiny of financial transactions that include cryptocurrency dealings. These measures compel banks to identify and report…

Tether Transfers $780 Million Worth of Bitcoin to Its Reserve in Largest Allocation Since March

Stablecoin issuer Tether has significantly bolstered its Bitcoin reserves, making its largest transfer since March by moving nearly $780 million worth of Bitcoin into its corporate holdings. On December 30,…

Li Auto Expands Vision to Include AI and Robotics

Li Auto, a leading Chinese electric vehicle (EV) maker often compared to Tesla, is making a bold pivot toward artificial intelligence (AI) and robotics. According to founder and CEO Li…

US Healthcare Sector Faces Potentially Costly Cybersecurity Overhaul

Healthcare providers across the United States may soon face stricter cybersecurity requirements as the Department of Health and Human Services (HHS) unveils proposals aimed at combating ransomware and data breaches…

Potential Ether Rally in Q1 2025 Faces Mixed Analyst Views

Ether may be poised for a significant rally in the first quarter of 2025, a pattern observed in past cycles following U.S. elections and Bitcoin halving events. Historical data from…

YouTube is Testing a Floating Play Something Button to Pick Videos For You

YouTube is testing a floating “Play Something” button that picks a random video for users. Spotted by 9to5Google in the Android app, the feature resembles Google’s “I’m Feeling Lucky” button…

Seoul Semiconductor Wins German Court Case Against Signify

A German court has mandated the recall and destruction of certain products from Signify, a Netherlands-based lighting manufacturer, for infringing patents held by South Korea’s Seoul Semiconductor. The ruling, announced…

Judge Sets Sentencing for Ex-Sen. Bob Menendez, Delays Wife’s Trial to February

Former New Jersey Senator Bob Menendez is set to be sentenced on corruption charges at the end of January, as U.S. District Judge Sidney H. Stein in Manhattan has rejected…

Nvidia Is Betting Big on Robotics, and Jetson Thor Is Its Next Move

Nvidia is leaning into robotics as it looks to expand beyond its dominant AI chip business. The company plans to launch Jetson Thor, a new compact computer designed for humanoid…

Phantom Dimensions Exhibition: Designer X Creates Cultural Harmony Through Jewelry and Art

The Phantom Dimensions exhibition, held from December 11th to 18th, 2024, at the Black Brick Project Gallery in Brooklyn, NY, showcased an inspiring collection of works by global artists and…

Tesla Explores HBM4 Chips from Samsung and SK Hynix for Its Dojo Supercomputer

Tesla is diving into the next frontier of AI hardware, exploring HBM4 memory chips from South Korean giants Samsung and SK Hynix to supercharge its custom-built Dojo supercomputer. According to…

Solana Co-Founder Faces Lawsuit from Ex-Wife Over Staked SOL Profits

Stephen Akridge, co-founder of Solana and current CEO of Cyber Grant, has been sued by his ex-wife, Elisa Rossi, over allegations that he secretly profited from staking rewards of Solana…

Japan Airlines Overcomes Cyberattack to Resume Ticket Sales

Japan Airlines Co. (JAL) announced the resumption of ticket sales for both domestic and international flights following a system malfunction attributed to a cyberattack on Thursday morning. The airline confirmed…

Ethereum’s Long-Term Holder Base Grows in 2024 as Bitcoin’s Declines

Throughout 2024, the landscape of cryptocurrency holding patterns saw notable shifts, particularly among the two leading cryptocurrencies, Ethereum and Bitcoin. Data from IntoTheBlock, highlighted in a December 30 post on…

Honda Nissan Partnership Could Challenge BYD’s Global Dominance

Honda Motor Co’s proposed acquisition of Nissan Motor Co could provide the scale needed to challenge China’s BYD Co, sales data revealed Wednesday. The move highlights mounting pressure on Japanese…

Crypto Hackers Employ Sophisticated Fake Job Scams to Distribute Malware

Crypto hackers have developed a sophisticated method to trick individuals into downloading malware that provides unauthorized access to personal computers, ultimately leading to significant financial theft. Blockchain expert Taylor Monahan,…

Centralization Poses Authoritarian Threats to Privacy

David Holtzman, a former military intelligence professional and chief strategy officer at Naoris, a decentralized security protocol, recently emphasized the inherent dangers of centralized data systems to Cointelegraph. Holtzman pointed…

Xiaomi Opens Its First Directly Managed Store in Singapore

Xiaomi has officially launched its first directly managed store in Singapore, located in Funan, on December 21, 2024. This marks a departure from its earlier distributor-operated outlets, as Xiaomi Singapore…

Hackers Use Chrome Extensions to Steal User Data

Hackers injected malicious code into multiple Chrome extensions this month, exploiting a phishing campaign to breach developer accounts. Cyberhaven, a cybersecurity company whose extension was compromised, confirmed the incident began…

Australia Continues 29-Month Streak of Monthly Increases in Bitcoin ATMs

Australia has seen a continuous monthly increase in Bitcoin automated teller machines (ATMs) for over two years, nearly surpassing the total number in Europe and reinforcing its position as a…