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CBN Clarifies No Directive Issued for Freezing Crypto-Linked Accounts
The Central Bank of Nigeria (CBN) recently found itself at the center of controversy due to a misreported directive that allegedly required all Nigerian banks and financial institutions to freeze…
Xaira Launches with $1 Billion to Pioneer AI-Driven Drug Discovery
Xaira Therapeutics, an AI drug discovery startup, recently launched with a remarkable $1 billion funding, backed by prominent investors like ARCH Venture Partners and Foresite Labs. The company, led by…
Singapore Polytechnic Collaborates with Qualcomm to Offer Innovative No-Cost 5G Training
In a significant move aimed at bridging the technology skills gap, Singapore Polytechnic (SP) has allied with Qualcomm Technologies to launch an innovative, free 5G training programme for its students.…
U.S. Prosecutors Recommend 36-Month Jail Term for Binance Founder Changpeng Zhao
In a significant development within the cryptocurrency legal landscape, U.S. prosecutors have recommended a 36-month prison sentence for Binance founder Changpeng “CZ” Zhao. This recommendation was detailed in a court…
Elon Musk in Beijing to Advance Tesla’s Self-Driving Capabilities in China
Tesla CEO Elon Musk recently made an unannounced visit to Beijing, where he is expected to engage in discussions with senior Chinese officials concerning the rollout of Tesla’s Full Self-Driving…
South Korea Allocates $7 Billion to Enhance AI Semiconductor Manufacturing
In a bold move to solidify its position as a global leader in the semiconductor industry, South Korea has announced a comprehensive $7 billion investment strategy aimed at significantly enhancing…
Significant Crypto Assets Linked to Vitalik Buterin and Coinbase Remain Locked in DeFi Bridges
In a startling revelation from the decentralized finance (DeFi) sector, a comprehensive report by Arkham Intelligence has uncovered that substantial sums, amounting to millions of dollars, are currently trapped in…
Former Snap Researchers Create the Next-Gen Bitmoji with Easel
Easel, a startup founded by former Snap researchers, is introducing a novel way for users to create personalized Bitmoji-style stickers using generative AI. The company, co-founded by Rajan Vaish and…
Singapore Authors Voice Worries About IMDA’s AI Model and Copyright Issues
Singapore’s Infocomm Media Development Authority (IMDA) is making strides in artificial intelligence with its development of a Southeast Asia-focused large language model (LLM). This ambitious project aims to create an…
Tether Commits to Freezing Addresses Amid Venezuela’s Use of Crypto for Sanction Evasion
Tether, the issuer of the USDT stablecoin, has announced its commitment to freezing addresses linked to sanctioned entities. This decision comes in response to reports that Venezuela’s state-run oil company,…
Fintech Gaming Startup Sanlo’s Webshop Tool Could Reduce App Store Fees for Developers
Sanlo, a fintech startup established in 2020, announced the closed beta launch of its new webshop tool designed specifically for game developers and studios. This tool is designed to integrate…
Global Sources Mobile Electronics Exhibitions, Emdoor Digital Showcases New Technology Trends
From April 18th to 21st, Emdoor Digital presented its full range of products from Hall 7, Booth 7Q20, at Asia World-Expo’s Global Sources Mobile Electronics Exhibitions, Hong Kong. The Company…
In-Depth Analysis: SEC Targets Terraform Labs with Unprecedented $5.3 Billion Fine
In a landmark decision that marks a significant escalation in the U.S. Securities and Exchange Commission’s (SEC) enforcement actions within the cryptocurrency sector, Terraform Labs and its founder, Do Kwon,…
Fisker Announces More Layoffs as Bankruptcy Looms
Fisker is facing severe financial difficulties as it announces further layoffs and the potential for bankruptcy within the next month unless it secures additional funding. This development follows the recent…
Mindverse Raises $5 Million in Seed Funding to Transform AI-Driven Personalization
In a significant stride toward the future of artificial intelligence, Mindverse, a pioneering AI startup based in Singapore, has announced a successful $5 million seed funding round. Founded in 2022…
Binance Executive Detained in Nigeria: A Comprehensive Overview
Tigran Gambaryan, a key executive at cryptocurrency exchange Binance, has been detained in Nigeria since February 2023, facing serious allegations. Reports from April 23, 2023, confirm that Gambaryan will continue…
X Set to Launch Dedicated TV App for Video Content
X, previously known as Twitter, is poised to introduce a new TV application dedicated to video content, aiming to enhance viewer engagement through a smart TV platform. Announced by CEO…
Microsoft Allocates $2.9 Billion to Enhance AI Technologies in Japan
In an ambitious move to bolster Japan’s position in the global digital economy, Microsoft has committed to a colossal $2.9 billion investment over the coming two years. This investment aims…
Hackers Release Source Code of El Salvador’s Official Bitcoin Wallet
In a significant cybersecurity breach, El Salvador’s state-operated Bitcoin wallet, Chivo, has become the target of hackers who have released part of its source code. The hacker group, known as…
Stainless Aids OpenAI, Anthropic, and Others to Develop API SDKs
Alex Rattray, a former Stripe engineer and University of Pennsylvania economics graduate, has launched Stainless, a platform designed to generate software development kits (SDKs) for APIs across multiple programming languages.…