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Thai Authorities Crack Down on Illegal Bitcoin Mining Operation Linked to Power Outages
Authorities in Thailand have taken decisive action against an illegal Bitcoin mining operation in Ratchaburi, a town located west of Bangkok. This raid, conducted on August 23, follows numerous complaints…
Binance Labs: New AI Investments Poised to Drive Growth in AI-Powered DApps
As artificial intelligence (AI) continues to converge with blockchain technology and digital assets, Binance’s venture capital and incubator arm, Binance Labs, has directed its investments toward AI-focused startups. Max Coniglio,…
Chinese Electric Vehicles Face 100% Tariff in Canada
Canada announced it will impose a 100% tariff on Chinese electric vehicles (EVs), starting October 1, aligning with similar moves by the United States and European Union. This measure will…
Stablecoin Market Cap Reaches Record High Following 11 Months of Consecutive Growth
The stablecoin market has reached a new all-time high, with its capitalization hitting $168 billion, marking 11 consecutive months of growth. This surge surpasses the previous peak observed in March…
Nvidia Partner Introduces Technology to Halve Data Center Energy Use
Nvidia partner Sustainable Metal Cloud (SMC) claims its innovative cooling technology can cut data center energy usage by up to 50% as the artificial intelligence (AI) boom drives demand for…
Mac Users Cautioned Over New “Cthulhu Stealer” Malware Targeting Crypto Wallets
Apple Mac users are currently facing a new cybersecurity threat from a malware strain known as “Cthulhu Stealer.” This malicious software has the capability to steal personal information, including credentials…
AI Tokens Surge Ahead of Anticipated Nvidia Earnings Report
Artificial intelligence-focused cryptocurrency tokens have experienced significant gains over the past week in anticipation of a major second-quarter earnings report from Nvidia, a tech giant known for its cutting-edge graphics…
Swiggy Plans $15 Billion Valuation with Major IPO Move
Swiggy, a prominent Indian food delivery company backed by SoftBank, is planning to pursue a valuation of approximately $15 billion for its upcoming initial public offering (IPO), aiming to raise…
Shiba Inu’s DAO Launch: A Step Towards Decentralized Governance
The team behind Shiba Inu, a popular memecoin and the 13th largest cryptocurrency by market capitalization, is gearing up to introduce a decentralized autonomous organization (DAO). This move marks a…
Local Crypto Stakeholders Advocate for Compliance-Based Regulation in Nigeria
Local stakeholders in Nigeria’s cryptocurrency sector are pushing for a regulatory framework that emphasizes compliance over criminalization. This shift is championed by Obinna Iwuno, the former president of the Stakeholders…
US Trustee Raises Concerns Over FTX’s Reorganization Plan
The reorganization proceedings for FTX, the beleaguered cryptocurrency exchange, have hit a significant snag. The U.S. trustee overseeing the case has lodged major objections against FTX’s revised reorganization plan. This…
Bitcoin Chart Hints at Potential Swift Ascent Toward $68K, Say Traders
In the ever-evolving landscape of cryptocurrency trading, patterns on Bitcoin’s price charts are catching the attention of traders, hinting at a potential rally toward its historic 2021 peaks. This analysis…
Sen. JD Vance Promises No Federal Abortion Ban
Ohio Senator JD Vance, the Republican nominee for vice president, has pledged to “absolutely commit” to not implementing a federal abortion ban. This statement marks a significant shift from his…
European Union Cuts Tariffs on China-Made Tesla EVs and Other Chinese Vehicles
The European Union announced on Tuesday that it would significantly reduce the planned tariffs on electric vehicles imported from China, offering a notable decrease for Tesla’s China-made EVs. Initially set…
China Mobile Backs Honor with Strategic Investment
Chinese smartphone maker Honor has announced an investment from China Mobile’s parent company as it prepares for an initial public offering (IPO). The investment amount remains undisclosed. Formerly a unit…
X Employees Must Prove Their Worth for Stock Grants
Elon Musk has introduced a new requirement at X (formerly Twitter), mandating employees to submit a one-page report detailing their contributions to the company to receive their stock grants. An…
Google Wallet Now Supports California Digital Driver’s Licenses
California has expanded its digital ID pilot program, allowing Android users to add their driver’s licenses to Google Wallet. Previously, digital IDs were available only through the state’s “CA DMV…
Microsoft Plans Cybersecurity Summit After CrowdStrike System Crash
Microsoft is scheduled to hold a cybersecurity summit on September 10 at its headquarters in Redmond, Washington, to address issues following a major outage caused by CrowdStrike, as shared in…
Meta and Spotify CEOs Criticize EU AI Regulations as Stifling Innovation
Meta CEO Mark Zuckerberg and Spotify CEO Daniel Ek have expressed concerns over the current European regulations on open-source artificial intelligence (AI), suggesting that these rules could hinder Europe’s progress…
Beijing Robot Conference Showcases Humanoid Competition for Tesla’s Optimus
Tesla’s Optimus robot faced strong competition at the World Robot Conference in Beijing, where Chinese companies showcased their latest advancements in humanoid robotics. While Tesla’s Optimus remained motionless inside a…