Rapid Advancements Dispel Fears of Quantum Winter in 2024
According to a recent report titled "IQM–OpenOcean–Lakestar State of Quantum 2024," the quantum computing sector is expected to recover in 2024 following a 50% decrease...
China’s Top Company Shifting to AI Amid Gaming Profit Decline
Tencent, the most valuable company in China, has announced its plans to shift its focus towards artificial intelligence (AI). This decision comes as the company's...
Coinbase Introduces Conversion Fees Above $75M Monthly Volume
Coinbase, the largest cryptocurrency exchange in the United States, has implemented commission fees for conversions from USDC (USD Coin) to USD, surpassing $75 million. Members...
UAE’s First Digital Dirham Transfer on mBridge CBDC Platform
The first cross-border digital dirham transfer using the mBridge central bank digital currency (CBDC) platform was conducted by the central bank of the United Arab...
NYC Bar Association Advocates for Crypto Law Reforms to Retain Firms
The New York City Bar Association is proposing a new amendment that aims to encourage cryptocurrency companies to establish their headquarters in New York. The...
HyperVerse’s Alleged $1.7B ‘Ponzi’ Scandal: Fake CEO and Promised HK Listing
According to a lawsuit filed by the U.S. Securities and Exchange Commission (SEC), two individuals, Xue Lee (aka Sam Lee) and Brenda “Bitcoin Beautee” Chunga,...
Crypto Bills: Hopes for Fruition in 2024
United States Representative French Hill recently provided an update on the progress of crypto-related legislation in 2024. Hill, who chairs the House Financial Services Subcommittee...
SEC Delays Decision on Ethereum ETFs: Law Decoded
The United States Securities and Exchange Commission (SEC) has delayed its decision on BlackRock's proposed Ethereum exchange-traded fund (ETF) application, stating that it needs more...
Apple’s Future in an AI-Powered World: Experts Weigh In
Since mid-2023, Microsoft and Apple have been competing for the title of the world's most valuable company. Microsoft briefly surpassed Apple that year, but the...
Bitcoin Mining Battles: Surging Hash Rates Push Industry Limits
In 2023, the Bitcoin mining industry experienced significant growth, leading to record-high hash rates and mining difficulty. A recent annual review of the Bitcoin mining...
