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Casper Network Resumes Activity After Halting Due to Security Breach
The Casper Network has successfully resumed its operations following a temporary shutdown caused by a security breach. On July 31, at precisely 3:18 pm UTC, a significant step was taken…
India Emerges as Leading Market for Meta AI Usage
Meta’s Chief Financial Officer, Susan Li, highlighted India’s significance as the largest market for Meta AI usage during the company’s second-quarter earnings call. This milestone, achieved just a few months…
Perplexity AI’s New Program to Compensate Publishers for Content
Perplexity AI, a burgeoning AI search engine, is set to share advertising revenue with news publishers when its chatbot cites their content in response to user queries. This initiative appears…
Hashrate Recovery Eases Bitcoin Miners’ Selling Pressure in July
Bitcoin’s price rebound in July has brought some much-needed relief to miners, resulting in a noticeable increase in mining activity and a reduction in selling pressure. A report from CryptoQuant,…
ASML and Tokyo Electron Escape New US Chip Export Restrictions
The United States is set to temporarily exempt semiconductor equipment manufacturers ASML and Tokyo Electron from new export restrictions targeting China. The Biden administration is preparing to implement the Foreign…
Law Commission of England and Wales Suggests New Property Classification for Crypto Assets
The Law Commission of England and Wales, an independent entity responsible for reviewing and recommending reforms in the legal sphere, has made a significant proposal regarding the classification of crypto…
CeFi Entities Account for Over 70% of Crypto Hacking Losses, Reports Cyvers
In the rapidly evolving landscape of cryptocurrency, centralized finance (CeFi) entities have emerged as the primary victims of hacking incidents in 2024. Deddy Lavid, co-founder and CEO of Web3 security…
UK Regulator Probes Google’s Partnership with AI Startup Anthropic
The U.K.’s Competition and Markets Authority (CMA) is investigating Google parent Alphabet’s partnership with artificial intelligence startup Anthropic to determine if it constitutes a “relevant merger situation.” This investigation, part…
Bank of England to Conduct Trials with Wholesale Central Bank Digital Currency and Synchronization Techniques
The Bank of England (BoE) has announced plans to launch an experimental program that integrates its Real-Time Gross Settlement (RTGS) system with a wholesale central bank digital currency (wCBDC). This…
Qualcomm’s New Chip Aims to Bring 5G to Millions in Emerging Markets
Qualcomm introduced the Snapdragon 4s Gen 2 chip, aiming to expand 5G accessibility to 2.8 billion smartphone users in cost-sensitive markets like India and Latin America. This entry-level chip, unveiled…
Meta Launches AI Studio for Custom Chatbots on Instagram
Meta has launched AI Studio, a new tool that enables Instagram creators and users in the US to create AI versions of themselves. This feature allows these AI personas to…
Intel Avoids UK Sales Ban in Patent Dispute with R2
Intel secured a legal victory in London on Wednesday, defeating U.S. competitor R2 Semiconductor in a significant patent dispute. The case revolved around R2’s claim that Intel had infringed on…
Research Suggests Bots are Behind Solana’s Surge Ahead of Ethereum
This week, Solana has surpassed Ethereum in various performance metrics, yet a new research article raises concerns about the authenticity of this activity. According to a study by the pseudonymous…
Tether Achieves Record $5.2 Billion Profit in first half of 2024
On July 31, Tether, the issuer of the dollar-pegged USDT stablecoin, unveiled its impressive financial performance for the first half of 2024. The company reported a record-breaking profit of $5.2…
Potential U.S. Restrictions on AI Memory Chips Could Impact China’s Tech Sector
The United States is contemplating new unilateral restrictions on China’s access to advanced AI memory chips, specifically targeting products from companies like Micron Technology, SK Hynix, and Samsung, according to…
NASA Shifts from Cable to Streaming with NASA+
NASA is set to shut down its NASA TV cable channel in late August, transitioning all its content to the on-demand streaming service, NASA+. The agency’s modernization efforts are focused…
Trump Accuses Harris of Opportunistically Changing Racial Identity During Tense Exchange with Black Journalists
Donald Trump made headlines with a controversial appearance at a conference hosted by the National Association of Black Journalists (NABJ). During a contentious question-and-answer session, Trump’s remarks about Vice President…
SEC Accuses BitClout Creator Nader Al-Naji of Fraudulent Practices
On July 30, the United States Securities and Exchange Commission (SEC), in coordination with the US Attorney’s Office for the Southern District of New York, announced formal charges against Nader…
Binance Labs Funds Liquid Staking Platform aPriori
Binance’s venture capital arm has recently expanded its investment portfolio by funding aPriori, a promising liquid staking protocol operating on the Monad network. This investment, announced on July 30, highlights…
Federal Ruling: Amazon Accountable for Dangerous Third-Party Products
The US Consumer Product Safety Commission (CPSC) has ruled that Amazon is legally responsible for recalling hazardous products sold by third-party sellers on its platform. In a unanimous decision, the…