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[ad_1] Binance users traded $90 billion (roughly Rs. 7,42,800 crore) of cryptocurrency-related assets in a single month in China, where cryptocurrency trading has been illegal since 2021, the Wall Street Journal reported on Tuesday citing internal figures and current and former employees of the exchange. The transactions made China Binance’s biggest market by far, accounting … Read more
[ad_1] US President Joe Biden is planning to sign an executive order to limit critical US technology investments in China by mid-August, according to people familiar with the internal deliberations. The order focuses on semiconductors, artificial intelligence and quantum computing. It won’t affect any existing investments and will only prohibit certain transactions. Other deals will … Read more
[ad_1] New draft guidelines released by U.S. antitrust enforcers on Wednesday lay the groundwork for tougher scrutiny of planned mergers by Big Tech companies like Amazon and Alphabet’s Google. The Biden administration has taken a tougher stance on mergers, filing some aggressive challenges. It had two court losses just last week. Several challenges go before … Read more
[ad_1] The U.S. Justice Department on Monday sought to block a judge’s order that barred some federal agencies and officials from communicating with social media firms about moderating content on their platforms in a decision stemming from a Republican-backed lawsuit against President Joe Biden’s administration. The department asked the New Orleans-based 5th U.S. Circuit Court … Read more
[ad_1] U.S. lawmakers are considering changes to address concerns about a bill that would give the Biden administration new powers to ban Chinese-owned TikTok, the chair of the Senate Intelligence Committee who has cosponsored the legislation said on Monday. Democratic Senator Mark Warner told Reuters that aggressive lobbying by the ByteDance-owned short video app TikTok … Read more
[ad_1] The European Commission announced a new data transfer pact with the United States on Monday, seeking to end the legal uncertainty plaguing thousands of companies which transfer personal data across the Atlantic. However, the move was immediately criticised by non-profit group noyb, led by privacy activist Max Schrems, which said it would challenge the … Read more
[ad_1] The last weekend of June turned out to be quite eventful for US law enforcement agencies after a series of bomb threats were made via calls at different businesses in the country. Demanding payments in Bitcoin along with a bunch of gift cards, these notorious actors reportedly said they were going to denotate bombs … Read more
[ad_1] The National Aeronautics and Space Administration (NASA) and the Indian Space Research Organisation (ISRO) are developing a strategic framework for human spaceflight operations this year according to senior US Administration officials. This comes amidst Prime Minister Narendra Modi’s first State visit to the US. “In the space sector, we will be able to announce … Read more