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Pavel Durov Speaks Out Following Paris Arrest Over Telegram’s Legal Issues

Pavel Durov Speaks Out Following Paris Arrest Over Telegram’s Legal IssuesPavel Durov, founder and CEO of Telegram, made his first public statement after his arrest in Paris. He was questioned by French authorities for four days over claims that he could be held responsible for illegal activities of Telegram users. Durov expressed surprise, citing that Telegram has an official representative for such matters. He pledged […]

Bitcoin Supply Shock: Cryptoquant Report Highlights Shrinking Sell-Side Liquidity

Apple holds back AI releases in EU due to Digital Markets rules

Hundreds of millions of people will be denied access to new Apple features.

Apple will hold back the release of Apple Intelligence, iPhone Mirroring and SharePlay Screen Sharing in the European Union out of concern about regulations in the Digital Markets Act (DMA), according to various press reports.

Apple Intelligence is Apple’s artificial intelligence upgrade. An Apple spokesman “described Apple Intelligence as a collection of ‘highly capable’ large language and ‘diffusion models,’ as well as an ‘on-device semantic index’ that worked across apps to identify data and feed it to models,” according to CNBC. It affected the Siri voice assistant and other functions.

iPhone mirroring allows users to see and control their iPhones from their Macs. SharePlay Screen Sharing allows FaceTime users to take control of others’ devices during the conversation. Fred Sainz, Apple senior director of corporate communications, told The Verge in a statement:

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Bitcoin Supply Shock: Cryptoquant Report Highlights Shrinking Sell-Side Liquidity

US-Based Bitcoin Focused Startup Fedi Raises $17 Million in Series A Funding Round

US-Based Bitcoin Focused Startup Fedi Raises  Million in Series A Funding RoundFedi, the U.S.-based fintech which is led by the Nigerian bitcoin advocate Obi Nwosu, said on May 3 that it recently raised $17 million in a Series A funding round. The company said it will use the funds to help it launch what it called the “world’s first federated operating system.” Obi Nwosu said the […]

Bitcoin Supply Shock: Cryptoquant Report Highlights Shrinking Sell-Side Liquidity

60 Organizations Launch Campaign Urging US Congress to Protect Privacy

60 Organizations Launch Campaign Urging US Congress to Protect PrivacyOn Wednesday, 60 organizations involved in cryptocurrencies, open-source and free software, and human rights and privacy-preserving projects launched a new campaign calling on the 118th U.S. Congress to protect privacy. The groups, including Fight for the Future, Electric Coin Co., and the Tor Project, insist that Congress needs to deliver policies dedicated to standing up […]

Bitcoin Supply Shock: Cryptoquant Report Highlights Shrinking Sell-Side Liquidity