US Court Sets May Hearing for Terraform Labs, Do Kwon Remedies
May 01, 2024 05:32 am UTC| Technology Digital Currency
On May 22, the U.S. District Court for the Southern District of New York is set to consider proposed financial remedies from Terraform Labs and its co-founder, Do Kwon, following a fraud verdict. The court will hear...
Bitcoin Traders Unfazed by 20% Drop: 'Pretty Ordinary Stuff'
May 01, 2024 05:25 am UTC| Technology Digital Currency
As Bitcoin endures its fourth 20% correction in 12 months, dropping to $59,730, market veterans see it as nothing unusual. Leaders in the crypto industry, like Raoul Pal and Thomas Fahrer, reassure that such fluctuations...
Elon Musk Fires EV Supercharger Staff, Explains Reason for the Team’s Disbandment
May 01, 2024 05:02 am UTC| Business Technology
Elon Musk disbanded Teslas EV Supercharger team amid company-wide layoffs affecting employees worldwide. The 52-year-old Tesla chief also terminated senior executives. The CEO demolished part of the unit responsible for...
Tesla Expands Semi Trials to Sysco After PepsiCo Success
May 01, 2024 03:09 am UTC| Technology Business
Teslas Semi has once again exceeded expectations with food distribution giant Sysco, marking a significant step beyond its initial partnership with PepsiCo. Photographed in California, the Tesla Semis trial demonstrates...
Hong Kong Bitcoin, Ether ETFs Surge with $200M Investment on Debut
May 01, 2024 02:55 am UTC| Technology Digital Currency Business
In an impressive debut, Hong Kongs new Bitcoin and Ether ETFs attracted over $200 million in investments on their first trading day, April 30. This significant influx underscores the regions growing influence in the...
Sam Altman Hints at Link Between OpenAI and Mysterious 'GPT2-Chatbot'
Apr 30, 2024 18:02 pm UTC| Technology Business
An unexpected new player, the GPT2-Chatbot, has captured the attention of the AI community by possibly outperforming OpenAIs renowned GPT-4 model, according to recent reports. Unresolved Origins of...
Blockstream CEO Adam Back Highlights Unique Aspects of Hong Kong's Bitcoin, Ethereum ETFs
Apr 30, 2024 17:05 pm UTC| Technology Digital Currency
Adam Back, CEO of Blockstream, recently detailed the unique characteristics of Hong Kongs newly launched Bitcoin and Ethereum ETFs on X, emphasizing their in-kind redemption model, which sets them apart from their U.S....
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