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Hong Kong’s Largest Digital Bank Launches Retail Crypto Trading Service
Hong Kong‘s largest virtual bank, ZA Bank, has launched a new service allowing retail customers to buy and sell Bitcoin and Ethereum directly with fiat currency. The move is part…
South Korea Prosecutors Demand Five-Year Jail Term for Samsung Electronics Chairman
South Korean prosecutors have requested a five-year prison sentence for Samsung Electronics Chairman Jay Y. Lee. The case, tried at an appeals court, revisits allegations surrounding a controversial merger of…
Crypto Liquidations Reach $470M as Bitcoin Retraces, Altcoins Surge
Bitcoin faced a pullback on November 24 after failing to break the $100,000 milestone, sparking one of the largest weekend crypto liquidation events in more than six months. Over the…
Indian Authorities Dismiss Apple’s Effort to Stop Antitrust Probe
India’s Competition Commission (CCI) has dismissed Apple’s appeal to pause an investigation report that accuses the tech giant of violating competition laws. This decision allows the ongoing antitrust proceedings to…
Tether Mints Additional $3B in USDt Stablecoins Amid Crypto Surge
Tether minted an additional $3 billion in USDt tokens on November 23, responding to a surge in crypto market activity, particularly Bitcoin, which neared the $100,000 price level. According to…
Reserve Bank of India Expands Cross-Border Payments Platform
The Reserve Bank of India (RBI) is expanding its cross-border payments platform to enable instant settlements, with plans to add new trading partners in Asia and the Middle East. India…
NFTs Record $158M Weekly Sales Volume, Led by Ethereum and Bitcoin
Non-fungible tokens (NFTs) showed resilience in their weekly sales volume, recording approximately $158 million in sales for the week ending Nov. 24. Despite a slight decrease compared to the previous…
Tim Cook’s Trump Approach Becomes a Guide for CEOs
Apple CEO Tim Cook achieved what many corporate leaders struggled to accomplish: he forged a personal connection with Donald Trump during his presidency. This unique relationship, cultivated through direct engagement…
Australia Begins Consultation on OECD Crypto Reporting Framework
Australia’s Treasury Department has launched a consultation paper on implementing the Organisation for Economic Co-operation and Development’s (OECD) Crypto-Asset Reporting Framework (CARF). The initiative is aimed at improving tax transparency…
Matt Gaetz Now Offering Pep Talks and Holiday Wishes on Cameo
After announcing he would not return to Congress, former Florida Representative Matt Gaetz has turned to a new career opportunity: personalized video messages on Cameo. Gaetz joined the platform on…
Huawei Targets 100,000 Apps on HarmonyOS Within a Year
Huawei, a leading tech company in China, announced its ambitious plan to host 100,000 applications on its HarmonyOS within the next year. The announcement underscores Huawei’s efforts to build self-reliance…
Tesla and Rivian Near Resolution in Trade Secrets Lawsuit
Tesla and Rivian are moving toward resolving a long-standing legal dispute over allegations of employee poaching and trade secret theft. Tesla, which initiated the lawsuit in 2020, recently informed a…
Apple Revisits the Idea of an Apple-Branded TV
Apple is once again toying with the idea of manufacturing its own television set, according to reports from Bloomberg’s Mark Gurman. While the company has long considered entering the TV…
Microsoft Halts Windows 11 Update After Ubisoft Game Crashes
Microsoft has confirmed that its Windows 11 version 24H2 update is causing problems for some Ubisoft games, including crashes and black screens. In response, the company has halted the update’s…
Nvidia CEO Addresses Impact of US Policy on Tech Innovation
Nvidia CEO Jensen Huang expressed optimism about the continuity of global cooperation in technology despite potential shifts in U.S. export controls under the next administration. Speaking in Hong Kong on…
Industry Leader Advocates Broader Scope for European Chips Act Revision
The European Semiconductor Industry Association (ESIA) has urged the European Commission to expand its semiconductor strategy to include “foundational and legacy” chips, citing the region’s established expertise in these technologies.…
YouTube Shorts Expands Dream Screen with AI Video Backgrounds
YouTube has upgraded its Dream Screen feature for Shorts, introducing AI-generated video backgrounds. Announced Thursday, the update enables creators to transform text prompts into animated video settings, leveraging Google DeepMind’s…
Mastercard, JPMorgan Integrate Blockchain Payment Solutions for Cross-Border Transactions
Mastercard and JPMorgan have partnered to create a new cross-border business-to-business payment solution, integrating Mastercard’s Multi-Token Network (MTN) with JPMorgan’s Kinexys Digital Payments. This collaboration enables mutual customers to settle…
China’s Wealthiest Man Demands Apology from ByteDance Founder
Zhong Shanshan, the founder of Nongfu Spring Co. and China’s richest individual, has openly criticized two of the country’s tech giants, PDD Holdings Inc. and ByteDance Ltd., blaming them for…
SEC Chair Gary Gensler to Step Down in January 2025
Gary Gensler, Chair of the United States Securities and Exchange Commission (SEC), will step down on January 20, 2025, the same day President-elect Donald Trump begins his second presidential term.…