Tag: technews

CBDC in Huizhou, Guangdong Province More Chinese companies are using the digital yuan to pay their workers, as Beijing looks to spur the adoption of the CBDC. According to the Huizhou Daily, a state-run bureau in Huizhong province has teamed up with the Industrial and Commercial Bank of China (ICBC) to implement the pilot program.…

Panerai Digital Passport – Watches and Wonders On October 3, luxury watch manufacturer Panerai will start offering customers a digital passport with every new watch they purchase. With this new feature, they’ll be able to trace the lifecycle of their watches back to the moment of purchase and gain further value-added services and advantages. The…

Artificial Intelligence (AI) in China The rise of artificial intelligence in China has been characterized by a frenzy of competition, with everyone working harder and competing for fewer rewards. For Chinese startups, the surge of excitement about artificial intelligence has quickly come to an end. No revolutionary applications have yet emerged, and limited supplies of…

Binance.US CEO Brian Shroder Brian Shroder leaves Binance. US, the American arm of the company, as the company prepares to cut its workforce by one-third. Amidst a series of challenges, including the Securities and Exchange Commission’s lawsuit, Binance has been facing a mass exodus of executives and staff. Many of them are leaving the company…

CBDC Anti-Surveillance State Act This article discusses the anti-CBDC bill reintroduced by Congressman Tom Emmer, which seeks to prevent the central bank from using a digital currency like the CBDC to implement monetary policy and, in doing so, compromise individual financial privacy. It also aims to curb the influence of unelected bureaucrats in Washington, D.C.…

Digital Ruble Could Help De-Dollarize Russia Russia launches an experimental digital currency, the CBDC, which is designed to combat black market dollar trading. It has been launched in 11 cities as part of a pilot program. A former government minister believes that the launch of the digital ruble will help spur de-dollarization in Russia. Russian…

Grid Forecast is now available in the Apple Home app. With iOS 17, Apple introduces a new smart home feature called Grid Forecast. It will allow you to see when your electrical grid has become cleaner, or less clean energy sources available. This could help you decide when to run your tumble dryer or charge…

KYC Regulations Expected to Get Stricter Gracy Chen, managing director at the Bitget exchange, suggests in an interview with The Block that crypto know-your-customer (KYC) measures are expected to become increasingly stringent in the near future. She also suggests adding biometric data into the KYC processes. This move aligns with a trend in the crypto…

Bitcoin BSC (BTCBSC) The pre-sale for a new cryptocurrency called Bitcoin BSC is live. It’s already been 12 years since the price of Bitcoin first reached one dollar, and many people wonder what would have happened if they had invested $100 in Bitcoin instead of buying it. Even if the price could increase tenfold from…

MagSafe Battery Pack and MagSafe Duo Apple has removed the MagSafe Battery Pack and the Magsafe Duo from its online store, according to 9to5Mac . The pricey accessories have their quirks, but despite that, both devices have gained some fans. Jay Peters of The Verge reviews the $129 MagSafe Duo and finds it a good…