Day: February 5, 2025

AI Crypto Crashes Amid US-China Trade War

The ongoing US-China trade dispute has rattled the cryptocurrency sector, with the AI crypto segment taking a severe hit. Following the US’ decision to impose a 10% tariff on Chinese goods, China responded aggressively on February 4 by slapping a 15% counter-tariff on selected US imports. Now, the situation has worsened, as local reports confirm […]

Ex-Google Engineer Charged with AI Espionage

A Chinese national and former Google software engineer is facing economic espionage charges in the United States for allegedly stealing proprietary AI-related trade secrets to benefit China. The U.S. Department of Justice (DOJ) announced on February 5 that Linwei (Leon) Ding has been indicted on 14 counts, including economic espionage and trade secret theft. According […]

XRP Ledger Restores Operations After Outage

The XRP Ledger, Ripple’s blockchain network, experienced a 64-minute outage on February 5, temporarily halting transactions before fully resuming operations. According to Ripple CTO David Schwartz, the disruption was caused by a “network drift,” where block validations failed to publish despite consensus running. This led to a temporary freeze in transaction processing across the network. […]

StepMania Turns Steps Into Rewards

A new fitness tracking app, StepMania, has officially launched on Telegram, offering users a way to turn their daily steps into digital rewards. The app integrates with Apple Health and Google Health Connect, making it easy for players to track their physical activity while earning in-game benefits. Designed to gamify fitness, StepMania features leaderboards, squad […]

US Bitcoin Reserve Plan Faces Uncertainty

The US government’s stance on Bitcoin as a potential strategic reserve asset is under scrutiny following recent remarks from Crypto Czar David Sacks. His comments at a press briefing and on social media have sparked speculation about whether the administration remains committed to a Bitcoin reserve or is shifting toward a broader digital asset policy. […]

SEC Slashes Crypto Enforcement Unit

The U.S. Securities and Exchange Commission (SEC) is downsizing its crypto enforcement unit, reassigning more than 50 lawyers and staff members as the Trump administration reshapes the government’s approach to digital assets. According to a New York Times report citing anonymous sources, several members of the crypto-focused enforcement team have been moved to other divisions, […]