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Asia's first spot bitcoin, ether ETFs start trading in Hong Kong
Hong Kong on Tuesday launched trading of Asia's first spot bitcoin and ether exchange-traded funds (ETFs), moving forward in the city's race to become a regional virtual asset investment hub. Each company issued a spot bitcoin and a spot ether ETF, which can be traded in both Hong Kong and US dollars, while ChinaAMC (HK) also allowed trading in Chinese yuan.
Ex-Binance chief set for sentencing in US court
US federal prosecutors are calling for ex-Binance chief Changpeng Zhao to be sent to prison when he appears Tuesday for sentencing on money laundering charges. Zhao pleaded guilty to violating US anti-money laundering laws and Binance agreed in February to pay $4.3 billion to settle charges.
ChatGPT faces Austria complaint over 'uncorrectable errors'
A Vienna-based privacy campaign group said Monday it would file a complaint against ChatGPT in Austria, claiming the "hallucinating" flagship AI tool has invented wrong answers that creator OpenAI cannot correct.
New post-Brexit controls: a thorn for UK horticulture
Yuccas from Spain, rhododendrons from Germany or Dutch hazelnut trees -- flowers and plants arriving at UK ports from the European Union face tougher post-Brexit border checks from Tuesday, meaning delays and extra costs for importers.
Samsung says Q1 operating profits soar nearly tenfold on-year
Samsung Electronics said Tuesday that its first-quarter operating profits had risen nearly tenfold year-on-year -- a 931.8 percent increase -- amid recovering chip prices and growing demand. However, the semiconductor market had been predicted to recover this year and grow 11.8 percent, according to industry monitor World Semiconductor Trade Statistics.
Ex-NSA employee who tried to spy for Russia sentenced to 21 years
A cyber specialist who briefly worked at the top secret US National Security Agency (NSA) was sentenced to more than 21 years in prison on Monday for attempting to spy for Russia, the Justice Department said.
US Supreme Court declines to hear Musk appeal over Tesla posts
The US Supreme Court on Monday declined to hear an appeal by Elon Musk of a settlement that requires the billionaire to have some of his social media posts about Tesla pre-approved by a company lawyer. The government agency also required that Musk's social media posts directly related to the business of the electric vehicle company be vetted by a lawyer.
Mining giants Vale, BHP propose $25 bn settlement over Brazil dam collapse
Mining giants Vale and BHP have proposed paying a nearly $25 billion settlement over a 2015 dam collapse in Brazil that killed 19 people and flooded dozens of towns, Vale said Monday.
G7 reportedly agrees end date for coal-fired power plants
G7 energy ministers have agreed a time frame for phasing out coal-fired power plants, a British minister said Monday, as the UN warned "excuses" for failing to take bold actions on climate change were "not acceptable".
AFP
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