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China Telecom Invests 3B Yuan to Establish Quantum Technology Group in Anhui Province
By Steve Muchoki
• 3 mins read
China Telecom has noted that the establishment of a quantum tech hub is in line with President Xi Jinping’s long-term tech adoption.
Former Coinbase Manager and His Brother Convicted for Crypto Insider Trading
By Steve Muchoki
• 3 mins read
The SEC noted that Wahi and Nikhil purchased at least 25 crypto assets from Coinbase before listings, out of which nine were securities.
Tesla (TSLA) Shares Gain 4% as Elon Musk Pushes to Repair US and China Foreign Relations
By Steve Muchoki
• 3 mins read
Tesla is already constructing a mega factory in Shanghai to ramp up energy storage for its current and upcoming models including the Cybertruck.
Gaming Crypto Token Qwan to Launch via Ethereum on May 31 Supported by Horizen Labs Ventures
By Steve Muchoki
• 3 mins read
The Qwan tokens have a total supply of 1 billion with about 455 million, representing 45.5 percent, being allocated to the ecosystem’s treasury.
Bank of Japan (BoJ) Releases Results from Proof of Concept Phase 2 and Launches Digital Yen Pilot Program
By Steve Muchoki
• 3 mins read
The Bank of Japan (BoJ) has noted that it will work closely with the private business community in the CBDC pilot program.
China Persuades Japan to Lift Restrictions on Semiconductor Chip Export to Harmonize International Trade
By Steve Muchoki
• 3 mins read
China has agreed to work with Japan to promote practical cooperation in key economic and trade areas including advancements in the semiconductor industry.
Tether (USDT) Stablecoin Market Dominance Rises as USDC Declines amid Global Economic Woes
By Steve Muchoki
• 3 mins read
Tether USDT recently announced that it will regularly allocate up to 15 percent of its net realized operating profits towards purchasing Bitcoin as a reserve currency.
Formula One Ticket Provider Platinum Group Unveils NFT Tickets for Sunday’s Monaco Grand Prix
By Steve Muchoki
• 3 mins read
The NFT tickets will be minted via the Ethereum scaling layer two blockchain Polygon (MATIC).
OpenAI’s ChatGPT New App Clocks Over 500K Downloads in Less Than One Week
By Steve Muchoki
• 3 mins read
The OpenAI’s ChatGPT app has integrated Whisper, an open-source speech-recognition system, to enable voice inputs.
GPS Shares Gain 14% after Gap Reports Q1 2023 Results In-line with Analysts’ Expectations
By Steve Muchoki
• 3 mins read
As Gap increased layoffs during the first quarter, online sales declined 9 percent YoY but accounted for about 37% of net sales.