Bitcoin’s price plunged 4.8% on Tuesday, erasing a weekend rebound driven by Donald Trump’s positive remarks on crypto regulation. Reports emerged that the US government moved $2 billion worth of seized Bitcoin, sparking concern over …
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Bitcoin Price Soars After Trump Assassination Attempt, But Experts Warn of Overvaluation
Bitcoin’s price has surged by about 9% since a reported assassination attempt on former President Donald Trump, reaching approximately $64,000. While momentum is growing, the price movement is sparking debate, with some skeptics believing the …
Continue readingUS to Limit Chinese Software in Connected Cars, Sparking Concerns
The US Commerce Department is set to release proposed rules in August that will restrict the use of certain software components from China and other countries deemed adversaries in connected vehicles. The rules are expected …
Continue readingTesla Delays Robotaxi Unveiling for Design Overhaul
Tesla CEO Elon Musk has announced a delay to the unveiling of the company’s highly anticipated robotaxi. The event, originally scheduled for August 8th, has been pushed back to October. Musk cited the need to …
Continue readingUK Regulators Launch Probe Into Big Tech’s Digital Wallets
The UK’s financial regulators are taking a closer look at the growing presence of digital wallets in the payments landscape. The Financial Conduct Authority (FCA) and Payments Systems Regulator (PSR) announced an investigation into the …
Continue readingBunge and Viterra Offer Concessions to Secure EU Merger Approval
Bunge and Viterra, two major agricultural companies, are offering concessions to win EU antitrust approval for their $34 billion merger. This move comes after the European Commission expressed concerns about the deal’s potential impact on …
Continue readingMicrosoft Drops OpenAI Board Seat Amid Antitrust Concerns
Microsoft has stepped back from its observer position on the OpenAI board, a move that signals a shift in the companies’ relationship amid growing regulatory scrutiny. This decision comes after antitrust concerns were raised by …
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