Hotbit Ceases Operations as Centralized Exchanges Struggle to Adapt in a Changing Crypto Landscape

Hotbit, a Shanghai-based cryptocurrency exchange, has recently made a surprising announcement that it will be ceasing all operations starting May 22. The decision comes as the platform believes that centralized exchanges are “becoming increasingly cumbersome” and are unlikely to meet long-term trends in the crypto industry.

Uber and Waymo Join Forces: Self-Driving Technology Partnership Signals a New Era in Autonomous Transportation

Uber and Waymo, once fierce competitors in the autonomous driving space, have announced a partnership that will bring Waymo’s self-driving car technology to Uber’s platform. This unexpected alliance marks a significant development in the race towards fully autonomous vehicles and highlights the evolving dynamics in the industry.

Meta Slapped with $1.3 Billion Fine Over Data Transfers, Urging Surveillance Changes for Europe

Meta, formerly known as Facebook, has been slapped with a staggering 1.2 billion euro ($1.3 billion) fine by Ireland’s Data Protection Commissioner (DPC) for its mishandling of user information. The DPC, acting as the lead European Union privacy regulator, has also given Meta a five-month deadline to cease transferring users’ data to the United States.

OpenAI’s Sam Altman Nears $100 Million Funding for Worldcoin Crypto Project, Pioneering Global Identification System through Iris Scans for Access to Free Global Currency

OpenAI’s Sam Altman is reportedly on the brink of securing approximately $100 million in funding for his ambitious Worldcoin cryptocurrency project. Worldcoin aims to establish a global identification system utilizing iris-scanning technology, granting users access to a universal cryptocurrency.