In a significant development for the cryptocurrency market, BlackRock, the world’s largest asset manager, recently filed for a Bitcoin Exchange-Traded Fund (ETF) with the SEC. The move has sparked a rally in the crypto space, attracting the attention of investors
The U.S. Securities and Exchange Commission (SEC) is challenging Binance, one of the world’s largest cryptocurrency exchanges, in a landmark court hearing. But Binance continues to fight back. The SEC’s allegations of asset commingling and illegal operations by Binance.US and
The boom in artificial intelligence is stretching the chip manufacturing industry to its limit leading to a shortage of GPUs – the basic processing units which power machine learning (ML) models. According to the crypto research and data specialist firm
It’s been almost seven months since Elon Musk acquired Twitter for $44 billion but the tech entrepreneur has failed to invigorate the company’s fortunes. Financial services corporation Fidelity now estimate the value of the app to stand at just 33%
Microsoft has blamed Britain’s Competition and Market Authority (CMA) for “irrationally” blocking its $68.7 billion takeover of Call of Duty video game maker Activision. The tech giant announced its plan to acquire Activision to “bring the joy and community of
Tech giant Google is allegedly manipulating search to favor liberals and tip elections, reports the New York Post. The company is using its virtual monopoly as a search engine to “elevate liberal views, stifle conservatives, and manipulate children,” according to
The White House is embarking on new measures to scrutinise the impact of artificial intelligence as it allocates investments towards technology. The administration is planning to ask workers how their employers use AI, which has allocated federal investment in the
China has issued a directive to parents to report police if their children are using encrypted messaging apps. Almost every social media platform is banned in China, and even China-owned TikTok is facing restrictions in the Western world and Australia. This
Bitcoin NFTs are bringing impressive gains to digital arts traders, after several collections deployed on the blockchain featured in the top 10 collectibles by sales volume during the third week of May. Bitcoin NFTs have been on the rise after
Facebook is set to be slammed by the Irish regulator as it prepares to punish the social media giant with a €746 million fine for mishandling user information, reports The Guardian. Ireland’s Data Protection Commission, acting as the primary privacy
TikTok users in the United States have filed a lawsuit to lift Montana’s ban on the China-owned short video sharing platform. Montana became the first state last week to impose a complete ban on China-based Bytedanece’s viral app, citing China’s
Twitter users with the paid Blue Tick subscription can now upload 2-hour videos up to 8 gigabytes, Elon Musk has announced. “Twitter Blue Verified subscribers can now upload 2-hour videos (8GB)!” tweeted Musk. The tech billionaire is keen to convert
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