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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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JPEX scandal masterminds still at large as 11 suspects taken into custody: Report

The masterminds behind Hong Kong’s JPEX alleged crypto exchange scandal — referred to by some as the largest financial fraud to ever hit the city — have eluded authorities despite 11 people already being taken in for questioning in relation to the case.According to a Sept. 23 report from the

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Coinbase sought FTX Europe acquisition after bankruptcy: Report

Crypto exchange Coinbase attempted to acquire FTX Europe twice since it filed for bankruptcy in November 2022, hoping to broaden its derivatives business overseas. The company, however, has decided not to go forward with the deal, Cointelegraph has learned. According to a report from Fortune, Coinbase explored acquiring FTX’s European arm

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Bitcoin mining can help reduce up to 8% of global emissions: Report

A paper published by the Institute of Risk Management (IRM) concluded that Bitcoin (BTC) has the potential to be a catalyst for a global energy transition. IRM Energy and Renewables Group members Dylan Campbell and Alexander Larsen published a report called “Bitcoin and the Energy Transition: From Risk to Opportunity.” The

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India to develop dark net monitoring tool to combat crypto fraud: Report

The Indian Ministry of Home Affairs (MHA) is reportedly developing a crypto intelligence tool in response to a rise in illegal activities around cryptocurrencies in the country. According to a CNBC report, the MHA aims to combat crypto-related crime through the Cryptocurrency Intelligence and Analysis Tool (CIAT). The project is spearheaded

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