Binance, the world’s largest cryptocurrency exchange, has been ordered by Nigeria’s markets regulator to stop its operations in the country. The Securities and Exchange Commission (SEC) said that Binance Nigeria Limited, which solicited Nigerian investors through a website, was illegal and unregistered, making it illegal to continue its operations. Binance has not yet commented on
Twitter is set to begin paying verified content creators for ads in their replies. Company owner, Elon Musk, announced the first payment block of around $5 million, but only verified users will be eligible. Struggle to Retain Advertisers After purchasing Twitter last October, billionaire Musk has struggled to retain advertisers who have been wary about
Two Colorado-based companies, Ursa Major and Orbit Fab, have laid off employees as they seek to adapt to a new reality of tight funding environment in the space industry. The layoffs come at a time when the sector is experiencing the lowest period of investment since 2015. The job reductions at Ursa Major and Orbit
This week, the Securities and Exchange Commission (SEC) filed a lawsuit against Coinbase and Binance for securities violations, causing a selloff in the crypto industry. According to CoinMarketCap, four out of the top 10 coins experienced a plunge in value of at least 15%, leading to crypto investors taking the hint. The selloff was sparked
Netflix’s new policy of cracking down on password sharing seems to be having the desired effect, as the streaming giant has seen a boost in its subscriber base. The company notified its members in May that it was changing its sharing guidelines, and since then, it has had its four largest days of signing up
It has been 30 years since the release of Steven Spielberg’s “Jurassic Park,” a film that revolutionized cinema and changed the way audiences perceived special effects. The movie, based on Michael Crichton’s novel of the same name, introduced pioneering computer-generated imagery (CGI) to bring dinosaurs to life on the big screen. “Jurassic Park” quickly became
Streaming platforms including Netflix, Amazon, Disney and JioCinema have protested against new tobacco warning rules imposed by the Indian government, describing them as “onerous” and impractical to implement. The country’s health ministry ordered streaming services to insert static health warnings during smoking scenes within three months, and demanded that at least 50 seconds of anti-tobacco
A new paper published in Nature Communications by the Harvard-China Project on Energy, Economy and Environment, a U.S.-China collaborative research program based at the Harvard John A. Paulson School of Engineering and Applied Sciences (SEAS), and collaborators at Huazhong University of Science and Technology (HUST) in China, suggests that offshore wind power may hold the
A team of five master sculptors from different countries, including Michelangelo, Rodin, and Takamura, have collaborated with artificial intelligence (AI) to create a sculpture called “The Impossible Statue.” The statue is now on display in a museum in Sweden. Experts from the Swedish machine engineering group Sandvik used three AI software programs to create the
Gas-insulated equipment (GIE) is widely used in the power industry and has been using sulfur hexafluoride (SF6) as an insulating gas and arc-quenching medium. However, SF6 is one of the most potent greenhouse gases with a global warming potential of 25200 and an atmospheric lifetime of 3200 years. As a result, seeking eco-friendly insulating gas