Blockchain Industry Updates & Privacy News
Eight Chinese regulatory agencies have jointly launched a two-year campaign to comprehensively crack down on illegal cross-border securities, futures, and fund operations by overseas institutions within China. The plan outlines targets, bans on marketing and services, and a phased approach to wind down existing business.
Read MoreU.S. quantum computing stocks rose pre-market following a $2 billion federal grant announcement. D-Wave jumped nearly 9%, GlobalFoundries over 5%, and IBM gained 4% after securing the largest $1 billion share, highlighting accelerated government investment in this strategic technology frontier.
Read MoreChina's securities regulator announced severe penalties against Tiger Brokers, Futu Securities, and Longbridge Securities for illegal cross-border operations. The companies are accused of violating securities laws and disrupting market order. Authorities plan to confiscate all illegal gains and impose heavy fines.
Read MoreBinance has placed nine tokens, including ALCX and DODO, on its monitoring watchlist. This move enhances market transparency and alerts users to potential volatility, reflecting the exchange's commitment to robust risk management and compliance standards.
Read MoreKorea Post, managing over $100 billion, is shifting investments toward AI data centers and U.S./European real estate like logistics and multifamily housing to boost returns, partnering with global firms on a $230 million fund.
Read MoreSpaceX's IPO faces scrutiny over its AI division's massive costs, burning $7.7B last quarter and contributing to heavy losses. With core AI growth lagging and reliance on leasing spare capacity, analysts question the unit's viability and its drag on the $1.75 trillion valuation ambition.
Read MoreDeepSeek founder Liang Wenfeng prioritizes groundbreaking AGI research over short-term profits in a new $10B funding round, committing to open-source development and long-term technological boundaries.
Read MoreBinance will list Genius Terminal (GENIUS) and OpenGradient (OPG) for spot trading, assigning them the Seed Tag. This provides access to innovative early-stage projects while highlighting associated risks. Trading begins at 19:00 (UTC+8) today.
Read MoreThe total market cap of tokenized stocks has soared past $1.6 billion. Ethereum leads this rapidly growing sector, commanding a dominant 41.1% market share and solidifying its position as the primary platform for this innovative asset class.
Read MoreOn May 22nd, Asian markets saw a positive surge. Japan's Nikkei 225 jumped 2.68% to 63,339.07, while South Korea's KOSPI rose 0.41% to 7,847.71, signaling renewed investor confidence in the region.
Read MoreTHORChain has detailed its recovery plan after a recent security incident, with a key proposal now open for node operator voting. The strategy prioritizes using protocol funds to absorb losses, with no new token issuance. Technical patches are underway, and a channel for fund return is established.
Read MoreHark, an AI startup founded by Brett Adcock, announced a massive $7 billion Series A funding round, valuing the company at $60 billion. The investment was led by Parkway Venture Capital, with notable participation from NVIDIA, AMD Ventures, and Intel Capital. Funds will fuel GPU infrastructure expansion, AI model development, and next-gen AI hardware design.
Read MoreOn-chain data reveals a massive purchase of over 525 million Dogecoin (DOGE) by a whale address within 96 hours. This significant move has sparked speculation about shifting investor sentiment and potential market trends for the meme cryptocurrency.
Read MoreA South Korean petition to cancel the proposed cryptocurrency tax plan gained over 50,000 signatures in just 8 days, meeting the legal threshold for parliamentary review. The National Assembly has formally referred the matter to a legislative committee, potentially delaying or revising the tax policy scheduled for next year.
Read MoreOn May 22nd, Hong Kong's AI application sector surged, led by Zhipu's 30% gain. MINIMAX-W and other related stocks followed, signaling strong market confidence in AI commercialization.
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