CryptoNews

Kuwait Warns Against Illegal Cryptocurrency Mining

Kuwait’s Ministry of Interior has declared cryptocurrency mining illegal, citing violations of multiple laws and its strain on the country’s electrical infrastructure. Crypto Mining Kuwait’s Electricity Infrastructure The Ministry of Interior in Kuwait has issued a warning against the practice of cryptocurrency mining, declaring it an unlicensed and illegal activity that violates several…
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AI & RoboticsNews

Ocient Raises $42.1 Million for Data Solutions

Hyperscale data warehouse vendor Ocient announced today that it has raised $42.1 million as the second extension of its series B funding to accelerate the development and delivery of energy-efficient solutions for costly and unwieldy operational data and AI workloads. The funding infusion doesn’t just add to the Chicago startup’s already hefty war chest; it sharpens a mission to make…
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Cleantech & EV'sNews

Chinese Market Shifts: Tesla's New Challenges

Tesla is being squeezed out of the Chinese market, and the pressure is currently falling on the sales workers, who are reportedly being pushed to their limits. Over the last few years, Chinese automakers have stepped up their game significantly, and they are now not only…
Cleantech & EV'sNews

Elon Musk breaks his own Tesla (TSLA) earnings rule in desperate move

Elon Musk is breaking his own rule of not making announcements during Tesla earnings as the CEO appears desperate amid a brand crisis. Tesla and its CEO, Elon Musk, do not report the most typical earnings. Earlier in Tesla’s run as a public company, Musk had often been combative with Wall Street analysts. Tesla became one of the first major companies to prioritize taking softball questions from…
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CryptoNews

Malaysia Taps Binance Founder for Blockchain Finance Overhaul

Malaysia is accelerating its push into blockchain, holding discussions with Binance’s founder as it aims to become Southeast Asia’s leading hub for tokenization and digital finance. Binance Founder Joins Forces With Malaysia to Supercharge Blockchain Agenda Malaysian…
CryptoNews

Crypto Airdrops Powerful Tool for User Acquisition, Study Finds

A MEXC study reveals that airdrops drive over a third of new user registrations, surpassing referrals and organic sign-ups. The Commonwealth of Independent States region leads in airdrop participation, followed by Southeast and South Asia. Airdrops Outpace Referral Programs A new study by the cryptocurrency exchange MEXC found that more than a third (35%) of new registrations on its platform are…
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