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Federal Reserve Chair Powell: Bitcoin's Competitor is Gold, Not the Dollar; Crypto Market Sees Wild Swings, Over 160,000 Liquidations
Federal Reserve Chair Powell: Bitcoin's Competitor is Gold, Not the Dollar; Crypto Market Sees Wild Swings, Over 160,000 LiquidationsAnother Hong Kong-listed company, BOYA Interactive (HK00434), also drew attention due to its cryptocurrency holdings. On November 12th, the company announced that, as of the announcement date, it held 2,641 Bitcoins at a total cost of approximately $143 million (average cost of approximately $54,000 per coin) and 15,400 Ethereums at a total cost of approximately $42...
Blockchain 2024-12-05 09:51:58 -
Xiaomi to Offer Monthly Security Updates for its Smartphones Starting in 2025
Xiaomi to Offer Monthly Security Updates for its Smartphones Starting in 2025Xiaomi plans to significantly increase the frequency of security updates for its smartphones, aiming for monthly updates starting in 2025. This was revealed by Xiaomi's Global Vice President, Alvin Tse, on December 1st in response to a user's question on X (formerly Twitter)...
Mobile Internet 2024-12-05 09:18:34 -
Patent Granted for Blockchain-Based Secure Data Interaction Method: Elevating Data Security to New Heights
Patent Granted for Blockchain-Based Secure Data Interaction Method: Elevating Data Security to New HeightsOn December 5, 2024, the State Intellectual Property Office of China announced the publication of a patent (publication number CN119066707A) applied for by Beijing Password Cloud Core Technology Co., Ltd...
Blockchain 2024-12-05 09:06:37 -
Tencent Files Blockchain-Based Data Processing Patent: Ensuring Transaction Data Validity
Tencent Files Blockchain-Based Data Processing Patent: Ensuring Transaction Data ValidityOn December 5, 2024, the State Intellectual Property Office of China revealed that Tencent Technology (Shenzhen) Co., Ltd...
Blockchain 2024-12-05 09:04:49 -
Tencent Files Blockchain-Based Data Processing Patent to Enhance Data Anonymity and Reliability
Tencent Files Blockchain-Based Data Processing Patent to Enhance Data Anonymity and ReliabilityOn December 5, 2024, the State Intellectual Property Office of China revealed that Tencent Technology (Shenzhen) Co., Ltd...
Blockchain 2024-12-05 08:59:24 -
OpenAI Surpasses 300 Million Weekly Active Users, Aims for 1 Billion, Challenges Tech Giants
OpenAI Surpasses 300 Million Weekly Active Users, Aims for 1 Billion, Challenges Tech GiantsDecember 5th brought news that OpenAI, the highly-regarded American AI startup, has reached a new milestone: over 300 million weekly active users. This comes after months of executive changes, acquisition offers, and soaring valuations...
Industry dynamics 2024-12-05 08:26:03 -
DeepMind Unveils Genie2: An AI Model Generating 'Endless' 3D Worlds
DeepMind Unveils Genie2: An AI Model Generating 'Endless' 3D WorldsOn December 5th, Google's AI research arm, DeepMind, launched Genie2, a novel AI model capable of generating 3D worlds with seemingly limitless possibilities and diverse styles. An upgrade to the Genie model released earlier this year, Genie2 creates interactive, real-time 3D environments from just an image and a text prompt...
Industry dynamics 2024-12-05 08:23:32 -
BlackRock Warns: Fed to Remain on Hold Next Year, Investors Should Favor Global Bonds Over Long-Term Treasuries
BlackRock Warns: Fed to Remain on Hold Next Year, Investors Should Favor Global Bonds Over Long-Term TreasuriesJean Boivin, head of BlackRock Investment Institute (BII), recently stated in an interview that the Federal Reserve will likely remain on hold next year due to persistent inflation, advising investors to favor global bonds over long-term US Treasuries. He argued that the current market environment isn't the start of an easing cycle, but rather an adjustment or recalibration, with the Fed unlikely to accommodate the market with rate cuts...
Blockchain 2024-12-05 08:13:05 -
Samsung's One UI 7 Beta Launches Today, Galaxy S24 Series First to Get a Taste!
Samsung's One UI 7 Beta Launches Today, Galaxy S24 Series First to Get a Taste!This news is further corroborated by a screenshot shared on X (formerly Twitter) by user RMNazari, showing a Samsung customer service representative confirming the December 5th launch of the One UI 7 beta in Germany. This is noteworthy because the US and South Korea typically receive beta updates first, with Europe and other regions following later...
Mobile Internet 2024-12-05 08:04:47 -
Honor 300 Series Launch Intensifies Competition in the Offline Mid-Range Market: A Sales Deep Dive into vivo S Series, OPPO Reno Series, and Honor Number Series
Honor 300 Series Launch Intensifies Competition in the Offline Mid-Range Market: A Sales Deep Dive into vivo S Series, OPPO Reno Series, and Honor Number SeriesThe official launch of the Honor 300 series has significantly altered the competitive landscape of the offline mid-range market. The commercial availability of the vivo S20 series, OPPO Reno13 series, and Honor 300 series marks the beginning of a fierce battle for market share in this segment...
Mobile Internet 2024-12-05 07:16:49 -
MicroStrategy: High-priced Stock Issuance Fuels Continued Bitcoin Bet
MicroStrategy: High-priced Stock Issuance Fuels Continued Bitcoin BetMicroStrategy (MSTR.US), one of the world's largest corporate holders of Bitcoin, is raising capital through large-scale stock issuances to further expand its Bitcoin reserves...
Blockchain 2024-12-05 06:49:16 -
Bitcoin Price Surges Past $100,000! CME Futures Market Shows Strong Rebound
Bitcoin Price Surges Past $100,000! CME Futures Market Shows Strong ReboundA significant surge swept through the cryptocurrency market during Wednesday's (December 4th) late New York trading session. The CME Bitcoin futures contract (BTC) settled at $98,780...
Blockchain 2024-12-05 06:30:29
