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Chainalysis Expands Into Web3 Security With Hexagate Acquisition
On December 19, blockchain analytics giant Chainalysis announced its strategic acquisition of Hexagate, a cutting-edge Web3 security company based in Israel. Established in 2022, Hexagate has been at the forefront…
Shein Agrees to Local Data and Control Rules for India Comeback
Shein, the Chinese fashion retailer, must hand over Indian customer data and relinquish control of its local operations to its partner, Reliance Retail, to return to India. Government disclosures on…
EPA Approves California’s Bold Plan to Phase Out Gas Cars
The Environmental Protection Agency (EPA) has approved California’s plan to ban the sale of new gas- and diesel-powered cars by 2035. According to ABC News, the EPA granted California the…
Decentralized Supercomputer Test Attracts 1.5 Million Nodes Globally
Nexus, a computation firm, recently conducted a testnet for its in-development decentralized supercomputer, attracting an impressive 1.5 million nodes from 187 countries over a five-day period. The firm’s endeavor to…
Lawsuit Targets Hawk Tuah Memecoin Founders and Partners
Investors have initiated a lawsuit against the founders and collaborators involved in the launch of the Hawk Tuah (HAWK) memecoin, filed on December 19. The plaintiffs claim that the promotional…
YouTube Partners with CAA to Help Stars Manage AI Likeness
YouTube has announced a collaboration with Creative Artists Agency (CAA) to test technology that helps high-profile actors, athletes, and creators manage AI-generated content featuring their likeness. The platform is developing…
North Korean Hackers Stole $1.3 Billion in Crypto in 2024
Hackers affiliated with the Democratic People’s Republic of Korea (DPRK) doubled their illicit gains from cryptocurrency theft in 2024 compared to the previous year, according to a December 19 report…
ASML and Partners Commit $230 Million for Eindhoven Development
Dutch technology companies, including chip equipment maker ASML, have committed around $230 million to support infrastructure development in Eindhoven, one of Europe’s fastest-growing technology hubs. The announcement ties into “Operation…
Five More Amazon Sites Join Growing Worker Strike Movement
Amazon workers at five additional facilities have authorized strike action, adding to the labor unrest at three other sites in New York City and Illinois. The International Brotherhood of Teamsters…
Significant Growth in Coinbase Advanced’s Trading Activity Throughout 2024
Coinbase Advanced, the professional trading platform from the renowned cryptocurrency exchange Coinbase, has experienced a substantial uptick in both user base and trading volumes over the course of 2024. This…
Rivian Adds YouTube, Google Cast, and SiriusXM to Its EVs
Rivian has expanded its in-car entertainment features, introducing YouTube, Google Cast, and SiriusXM to its lineup of electric vehicles (EVs). The updates, part of a recent software release, enhance the…
Sony invests $320 million to become Kadokawa’s largest shareholder
Sony Group has announced plans to deepen its stake in Kadokawa Corporation, a major player in Japanese media, by investing approximately 50 billion yen ($320 million). The move will increase…
Bitfinex Hacker Issues Statement Following Sentencing
Ilya Lichtenstein, the notorious hacker behind the 2016 Bitfinex cryptocurrency exchange heist, has publicly addressed his actions following his five-year prison sentence. In a recent social media post from December…
Nigerian SEC Introduces Stricter Regulations for Crypto Marketing
The Nigerian Securities and Exchange Commission (SEC) has revised its regulations concerning cryptocurrency, imposing new requirements on virtual asset service providers (VASPs) and social media influencers involved in crypto-related promotions.…
China Accuses US of Cyberattacks on High-Tech Companies
China’s national cyber emergency response center has accused U.S. entities of launching cyberattacks on Chinese tech firms to steal trade secrets. According to a statement by the National Computer Network…
Support for Higher Ethereum Gas Limits Grows Among Validators
As of December 19, the movement to increase Ethereum’s gas limit gained notable momentum, with 10% of network validators signaling support for a cap higher than the current 30 million.…
El Salvador Acquires 11 Bitcoins Shortly After Finalizing IMF Agreement
El Salvador has made a notable addition to its national cryptocurrency reserve, purchasing 11 bitcoins for over $1 million, just a day following the conclusion of a significant $1.4 billion…
Elon Musk Confirms Starlink Is Inactive in India After Device Seizures
Starlink, Elon Musk’s satellite internet company, is not operational in India, Musk confirmed late Tuesday. His statement came after Indian authorities seized two devices bearing the Starlink logo in recent…
Binance.US Targets Early 2025 for Resumption of USD Services
Binance.US, the American subsidiary of the global cryptocurrency exchange Binance, is gearing up to reinstate US dollar services by early 2025, as stated by interim CEO Norman Reed. This announcement…
Qualcomm’s Nuvia Deal Could Save $1.4 Billion Annually in Arm Fees
Qualcomm projected it could save up to $1.4 billion annually in payments to Arm by acquiring startup Nuvia, according to internal documents revealed in a Delaware federal court trial. Qualcomm…