#CryptoUpdate: Crypto casinos generated $81.4 billion in gross gaming revenue in 2024, up 5x from 2022.
Despite legal barriers, they continue to thrive by leveraging VPNs and operating from offshore jurisdictions.
Despite legal barriers, they continue to thrive by leveraging VPNs and operating from offshore jurisdictions.
#TechBite| China Launches World’s First 10G Broadband Network
China has introduced the world’s first commercial 10G broadband network, developed in collaboration with Huawei and China Unicom.
The network offers download speeds of up to 9,834 Mbps and upload speeds of 1,008 Mbps, setting a new standard for high-speed connectivity.
This advancement supports future demands in areas like smart homes, cloud services, and high-definition streaming.
China has introduced the world’s first commercial 10G broadband network, developed in collaboration with Huawei and China Unicom.
The network offers download speeds of up to 9,834 Mbps and upload speeds of 1,008 Mbps, setting a new standard for high-speed connectivity.
This advancement supports future demands in areas like smart homes, cloud services, and high-definition streaming.
Forwarded from Breaking News
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#TechBite|Chinese company Readmoo has unveiled the world's first e-reader with a foldable display that you can fold like a book and put in your pocket.
This e-reader has an 8-inch Kaleido Gallery 3 e-ink display with 300 PPI and weighs 255 grams, and with its foldable design, it brings the closest experience to physical books to users.
The price and release date of this e-reader have not yet been announced.
This e-reader has an 8-inch Kaleido Gallery 3 e-ink display with 300 PPI and weighs 255 grams, and with its foldable design, it brings the closest experience to physical books to users.
The price and release date of this e-reader have not yet been announced.
#CryptoUpdate| Bitcoin at $94,000 🔝
Bitcoin officially surpasses Google to become the 5th largest asset in the world by market cap.
Bitcoin officially surpasses Google to become the 5th largest asset in the world by market cap.
#CryptoUpdate: American Bitcoin ETFs collectively saw $913 million in inflows on Tuesday.
🚀 Breaking News: TON Foundation Names Maximilian Crown as CEO!
Maximilian Crown, the co-founder of fintech powerhouse MoonPay, is stepping in as CEO of TON Foundation, a major move as TON hits new heights.
With a track record of scaling MoonPay into a global crypto giant, Crown joins just as TON celebrates: 41M active accounts, 121M Toncoin holders, deeper integration with Telegram.
A new chapter begins. Welcome aboard, Max! 🙌
Check out the full press release for more details.
Maximilian Crown, the co-founder of fintech powerhouse MoonPay, is stepping in as CEO of TON Foundation, a major move as TON hits new heights.
With a track record of scaling MoonPay into a global crypto giant, Crown joins just as TON celebrates: 41M active accounts, 121M Toncoin holders, deeper integration with Telegram.
A new chapter begins. Welcome aboard, Max! 🙌
Check out the full press release for more details.
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Hongkong Post has halted US shipments after the Trump administration ended a duty-free exemption for small packages and slapped 145% tariffs on China.
Who to suffer/gain the most?
• Earlier this month, Trump closed a "loophole" that allowed US consumers to buy tariff-free goods from China and Hong Kong for shipments valued under $800.
• A 2024 study warned that eliminating this provision could cost Americans $11-13 billion. Despite this, the US National Council of Textile Organizations praised Trump’s move.
• "De minimis" shipments have surged, benefiting low-income Americans as the rise of "direct-to-consumer" trade made products more affordable. If abolished, it would hit these groups hardest.
• US consumers of all income levels will feel the pain, with Chinese goods dominating the market—especially electronics and clothing.
• Over 70% of all smartphone imports to the US – mostly Apple's iPhones – come from China.
• Over 99% of electric toasters, heated blankets, calcium, alarm clocks, and more are made in China. Bloomberg's 2024 trade data paints the picture.
• Other key imports: 86% of game consoles, 79% of PC monitors, 70% of lithium-ion batteries, 66% of laptops, and 38% of plastic products are from China.
• In 2024, US total goods trade with China amounted to $582.4 billion, with a trade deficit of $295.4 billion.
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JUST IN| Massive Power Outages in Europe:
Blackouts reported in Spain, Portugal, France, and Belgium — Media
📱 Residents of Lisbon, Algarve, and Coimbra in Portugal, as well as Madrid and Barcelona in Spain, and the Burgundy region in France, report electricity outages and internet problems.
📱 The Lisbon metro system is down, and there are also reports of power outages in the Netherlands and Belgium.
📱 Madrid’s Barajas Airport is not operational. The cause of the mass power grid failure is currently unknown.
📱 Cities are experiencing major transport collapses. Madrid and Lisbon are among those left without power.
📱 Preliminary reports suggest the incident may be related to a failure in the interconnected European power grid.
Blackouts reported in Spain, Portugal, France, and Belgium — Media
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JUST IN: Camp Network has raised a total of $30 million in funding, including a $25 million Series A round co-led by 1kx and Blockchain Capital with support from several prominent investors.
#CryptoUpdate: President Trump's Truth Social explores launching its own crypto token and wallet.
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🇨🇳📈 Xi kicks off the #AI race
Shares of Chinese AI companies are surging after Xi Jinping called for accelerating the development and export of domestic AI models.
Shares of Chinese AI companies are surging after Xi Jinping called for accelerating the development and export of domestic AI models.
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#TechBite| Telegram has received a major update, becoming a full-fledged alternative to Zoom and Meet. Group calls no longer require creating a chat — participants can be added directly or via a QR code. Up to 200 people can be added in one call, there is now support for screen sharing and a new message forwarding system with quick access to "Favorites"
You can also now challenge an account block directly in the app. Business accounts have received support for third-party chatbots, and the interface has become more convenient for mass communication and process automation.
You can also now challenge an account block directly in the app. Business accounts have received support for third-party chatbots, and the interface has become more convenient for mass communication and process automation.