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The Saudi Arabian petrochemical industry, a linchpin of the kingdom's economic diversification plans, is confronting a confluence of headwinds in 2024. A sluggish global economy, coupled with a projected growth rate of less than 2%, is dampening…
The Bitcoin network is hurtling towards a pivotal moment – the fourth ever Bitcoin halving. This pre-programmed event, expected to occur within the next 48 hours, will see the block reward for miners slashed in half, from 6.25 bitcoins to 3.125 bitc…
Global cryptocurrency exchange Binance is reportedly seeking to re-enter the Indian market, according to a report by The Economic Times. This move comes after the exchange exited the Indian market in 2021 following a regulatory crackdown on cryptocu…
In a move aimed at bolstering the reliability of its emergency reserves, cryptocurrency exchange giant Binance announced today the conversion of its entire Secure Asset Fund for Users (SAFU) into USDC. Previously, the SAFU fund held a combination of…
Beleaguered crypto companies Gemini and Genesis have received a crucial court nod, paving the way for the return of most digital assets owed to Gemini's Earn program users. Under a settlement agreement approved by the Bankruptcy Court, Gemini wi…
Pavel Durov, the enigmatic founder of the encrypted messaging app Telegram, offered a rare glimpse into his motivations and the challenges facing his platform in a recent interview. Durov, known for his unconventional approach to business and person…
Two senior executives at OKX, a major cryptocurrency exchange, have reportedly tendered their resignations, according to a recent industry report citing sources familiar with the matter. The departures come amidst a period of regulatory uncertainty …
Dutch chipmaker Nexperia became the latest victim of a cyberattack after the Dark Angels ransomware gang leaked a sample of allegedly stolen data on their leak site, Dunghill Leak. The attack, which occurred in March 2024, forced Nexperia to shut do…
The Filecoin Foundation, a non-profit organization promoting the Web3 storage protocol Filecoin, is taking legal action in China. This follows the reported detention of team members associated with STFIL, a liquid staking protocol built on Filecoin.…
Ad blockers, long championed for their ability to declutter web browsing experiences, are emerging as an unexpected weapon in the fight against government spyware. Recent reports have shed light on a troubling trend: spyware developers are exploitin…
In a move that merges sportswear with the burgeoning world of digital assets, athletic giant Adidas has announced a collaboration with move-to-earn fitness app Stepn. The partnership kicks off with a limited-edition collection of 1,000 co-branded no…
The United Kingdom is set to unveil a comprehensive regulatory framework for cryptocurrencies by July 2024, Economic Secretary Bim Afolami recently announced. This move positions the UK as a frontrunner in establishing clear guidelines for the burge…
The price of gold surged on Monday, fueled by rising tensions in the Middle East. Investors, ever wary of geopolitical uncertainty, flocked to the traditional safe-haven asset, pushing prices to their highest point in months. The recent flare-up in …
Hong Kong's consultation period for licensing over-the-counter (OTC) cryptocurrency trading platforms concluded on April 12th, leaving industry participants with lingering questions about the regulatory framework's scope and implementation. …
Software developers rely on GitHub, the world's largest code-sharing platform, to find resources and collaborate on projects. However, malicious actors have found a way to exploit GitHub's search functionality to distribute malware. Security…
China's electric vehicle (EV) industry is no stranger to innovation, and now it's setting its sights on the skies. The emergence of electric vertical takeoff and landing (eVTOL) vehicles, often dubbed "flying cars," is not just sci…
Blackmagic Design, a leader in video editing technology, has announced the release of DaVinci Resolve 19, the latest iteration of its popular editing software suite. Alongside DaVinci Resolve 19, Blackmagic Design also introduced the DaVinci Resolve…
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