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Russian telecoms giant MTS announces ads service targeting Telegram users

Russia’s largest telecommunications firm, MTS, claims it will launch an advertising service targeting Russian Telegram users, but the social messaging application denies it has any agreements in place.The company made the announcement on Oct. 17, outlining the launch of advertising services for clients targeting the audience of specific channels, categories,

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Binance and Banking Giant MUFG Want to Drive Web3 Adoption in Japan by Issuing Stablecoins

Other jurisdictions like the European Union and even the U.K. have taken more stringent approaches to regulating stablecoins, particularly after one such cryptocurrency, terraUSD, rapidly lost parity with the U.S. dollar last year, leading to the collapse of not just the issuer but a string of other prominent players in

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China to build giant AI chip factory to bypass US sanctions: Report

China is looking to build artificial intelligence (AI) chip factories for creating particle accelerators to help bypass sanctions affecting the local industry, according to a report from the South China Morning Post (SCMP). The usage of particle accelerators will help create new ways to produce a novel laser source. It is

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Crypto Mining Giant Bitmain to Invest $53.9 Million in Core Scientific

Bitmain’s investment represents not only a significant financial commitment but also a strategic move to fortify its partnership with Core Scientific. Bitmain, a leading manufacturer of crypto mining rigs, has announced a substantial investment of $53.9 million in Core Scientific, a major North American blockchain data center provider and digital asset

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