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Global Tech Updates
Binance.US Faces Banking Freeze After SEC Suit
Binance.US, a leading cryptocurrency exchange, has faced significant operational strain following legal scrutiny by the U.S. Securities and Exchange Commission (SEC). The exchange’s Chief Operating Officer, Christopher Blodgett, revealed…
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U.S. Legislators Urge Decisive Action on TikTok
A bipartisan coalition of U.S. legislators has put forward a proposal that could lead to a nationwide TikTok ban. The legislation, introduced with cross-party support, mandates the app’s parent company, ByteDance, to relinquish ownership…
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OKX Expands to Turkey with Local Currency Support
OKX, the world’s second-largest cryptocurrency exchange, has unveiled its dedicated Turkish platform, OKX TR. This landmark launch, announced on February 27, marks a significant milestone in the company’s expansion, aligning with…
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Bitcoin Breaks $57,000 as Investors Rally
Bitcoin has soared to a two-year peak, with its price crossing the $57,000 threshold. The surge, marking the most substantial two-day gain of the year, signals a robust influx of heavyweight investors into the cryptocurrency…
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Bitcoin Nears $60K Milestone
Bitcoin stands on the cusp of breaching the $60,000 mark, showcasing its most significant monthly upswing since the tail end of 2020. This resurgence echoes the heights of November 2021, just before Bitcoin receded from its peak of…
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OpenAI Seeks Dismissal of Copyright Claims by NYT
OpenAI has requested a federal court to reject The New York Times’ copyright infringement claims. OpenAI alleges the newspaper orchestrated a breach of its AI systems, including ChatGPT, to fabricate evidence for the lawsuit.According to…
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Hong Kong Embraces Crypto Growth with Surging Bitcoin ETF
Hong Kong’s premier bitcoin futures ETF has witnessed a remarkable five-fold increase in assets since last October, topping the $100 million mark. This surge aligns with a growing appetite among local investors, who are riding the wave…
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Apple Gears Up to Unveil AI Strategy
Apple Inc. is set to unveil its foray into generative artificial intelligence later this year. CEO Tim Cook, speaking at the company’s annual shareholder meeting, promised insights into the tech giant’s AI endeavors, highlighting their…
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Elon Musk Initiates Legal Battle Against OpenAI
Elon Musk has initiated legal proceedings against OpenAI, the organization he co-founded in 2015, and its CEO Sam Altman. The core of the dispute lies in Musk’s allegation that OpenAI has strayed from its foundational pledge to…
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Reddit Targets $6.5 Billion Valuation
Reddit, the popular online community platform, is poised to make its stock market debut with a valuation goal of $6.5 billion. This figure, as informed by insiders, marks a conservative estimate compared to the company’s previous $10…
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