(CNN) - Taiwanese voters have chosen a new leader in elections held under the shadow of an increasingly assertive China that has spent the past eight years ramping up its threats toward the self-ruled island. The winner - Lai Ching-te - is Taiwan’s current vice president and openly loathed by Beijing. The world was watching to see not only...
SAN FRANCISCO: Forty years after igniting a PC revolution, Apple’s Mac is stronger than ever and could reach new glory due to AI computing – or be left behind. Apple launched the Macintosh in 1984 with a history-making television ad pitching the machine as an anti-establishment blow against a dystopian future. The computer, referred to simply as a...
As a kid growing up in poverty in rural Bolivia, Roly Mamani built his own toys. Now a 34-year-old engineer, he 3D prints limbs for Indigenous compatriots scarred by life-changing accidents. Mamani funds the endeavour with the money he makes from selling robotic toys he makes – his other passion, which, after building his first remote-controlled...
In an op-ed on Bloomberg Law, Steven Merriman and Jim Vivenzio of Perkins Coie raised concerns over FinCEN’s latest move to crack down on crypto mixers. The Financial Crimes Enforcement Network (FinCEN) is pushing for financial institutions to impose new compliance measures in its latest reporting plan, focusing on crypto transactions involving” convertible virtual currency (CVC) mixing.” According to...
Justin Sun, the founder of the Tron blockchain, contested the UN report’s assertions on USDT, pointing out factual inconsistencies and affirming Tron’s dedication to maintaining blockchain integrity. The UN report highlighted concerns over the misuse of blockchain technology, focusing on the role of USDT in money laundering and scams, particularly in Southeast Asia. In a Jan. 19 X post, Sun acknowledged these...
Manta Network has successfully resumed normal operations after overcoming technical issues, as reports of money laundering involvement emerge. On Jan. 18, the Manta network experienced a DDoS attack that temporarily disrupted its operations. The attack, which began at 9:30 AM UTC, coincided with the network’s Token Generation Event (TGE). It’s noteworthy that the incident follows closely after the...
A crypto trader shared why he believes Grayscale Bitcoin Trust is seeing a mass sellout. Grayscale Bitcoin Trust (GBTC) has been observed selling off its Bitcoin (BTC) holdings, with recent reports indicating that the firm recently moved $1.3 billion of Bitcoin to Coinbase. Pseudonymous crypto trader Ash Crypto explained that he believes that market forces are the...
TV personality and founder of hedge fund Cramer & Co. Jim Cramer called the decline in Bitcoin a “nasty beginning to the sell-off”. In his post in X on Jan. 19, Cramer doubted the prospects for further growth of the first cryptocurrency. As an argument, he noted that an asset cannot double in price by hundreds...
Popular exchange Crypto.com today announced the delisting of Terra LUNA. As a direct consequence, LUNA and LUNA Classic experienced a near 10% drop in value, reflecting investor uncertainty. Additionally, both tokens witnessed a 12% decrease in their 24-hour trading volume, signaling a retreat in market activity surrounding these assets. In response to these developments, Crypto.com has taken decisive action to mitigate risks and...
Grayscale’s Michael Sonnenshein backed the longevity of his firm’s spot Bitcoin ETF as it saw over $2.2 billion in outflows less a week after approval. Holding north of $25 billion in assets under management, Grayscale’s Bitcoin Trust (GBTC) ETF is the biggest spot Bitcoin exchange-traded fund of 11 funds authorized by the United States Securities and...
