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Loud is out: Why China’s elite pay eye-watering money for ‘quiet luxury’
Move over ‘Crazy Rich Asians’, China’s elite are rewriting the luxury playbook. Loud is out and ‘quiet luxury’ is in. CNA’s East Asia Tonight host Otelli Edwards finds out how China’s elites are rewriting the luxury playbook and whether this trend is here to stay. Read more
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Julian Assange Released from Prison
Julian Assange, the founder of WikiLeaks, has been released from a British prison after agreeing to a plea deal with the U.S. Justice Department, as reported by The Hill, AP, The Telegraph, and others.Assange will plead guilty to a single charge of conspiracy to obtain and disseminate national defense information, bringing an end to a… Read more
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Bitfinex First to List aUSDT, a Gold-Backed Tether Asset
Bitfinex, a premier digital asset trading platform, has announced its pioneering move to become the first exchange to list aUSDT, a USD-denominated tethered asset by Alloy by Tether, according to blog.bitfinex.com. Read more
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Bitcoin Plunges to $65K, Altcoins Bleed 10%-20% as Week Turns Ugly
What looked like prime time for crypto assets on softening inflation data has turned into an ugly week with bitcoin (BTC) tumbling to its weakest price in four weeks on Friday. Read more
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Coinbase derides SEC’s $2.6 billion budget request; American Securities Association calls for lower amount
“Yet again the SEC asks for more money that will go to regulation by enforcement when it has used none of its massive budget for real crypto rulemaking that would actually foster regulatory clarity.” Read more
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Nokia Introduced 3D Spatial Phone Calls
Nokia has made history by conducting the world’s first phone call using 3D spatial audio over a cellular network. This groundbreaking achievement, enabled by the 3GPP Immersive Video and Audio Services (IVAS) codec, promises to revolutionize voice communication by providing a more immersive and lifelike audio experience. Read more
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Musk Threatens iOS Devices Ban
Elon Musk has threatened to ban Apple devices from his companies, including Tesla and SpaceX, if Apple integrates OpenAI’s technology at the operating system level, citing it as an “unacceptable security violation.” Read more
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Apple’s WWDC 2024 Recap
Apple’s WWDC 2024 keynote unveiled a host of exciting updates and features, with artificial intelligence taking center stage through the introduction of Apple Intelligence. Read more
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Big Friday Crypto Selloff Pulls Bitcoin Below $70K
What was thought to be a challenge of all-time highs for bitcoin (BTC) has turned into a fast retreat in U.S. trading on Friday, with the world’s largest crypto barely hanging onto a week-over-week gain. Read more