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Developing stories verified by our newsroom, updated as new information arrives.

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New Indian mega library rocked by scandal over 'AI-generated books'

The Tamil Nadu government has ordered an internal audit of library collections across the state.

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Foo Fighters interrupt Sydney concert to pay tribute to Beaconsfield miner Todd Russell

Dave Grohl tells Sydney crowd Russell, whose death was announced this week, was a ‘big’ hero of his

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Rare wildflowers at risk of falling into sea rescued from eroding Scottish coast

Conservationists relocate 3,400 one-flowered wintergreens, a species estimated to have lost more than half its UK population in the past 50 years

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Nvidia hires major US law firm to investigate alleged Chinese spy affair

The appointment was made after it emerged Jensen Huang had an affair with a woman believed to be a spy for China.

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Judge who sentenced Russell Brand praised for dispelling rape myths

Criminal Bar Association and campaigners hail Mr Justice Bennathan for delivering remarks with ‘piercing clarity’

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GraniteShares files for Orbital AI ETF targeting space technologies

GraniteShares' Orbital AI ETF could drive innovation in space tech, but its non-diversified nature may lead to volatile investor returns. The post GraniteShares files for Orbital AI ETF targeting space technologies appeared first on Crypto Briefing.

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HYPE falls 18% in a week, lagging Bitcoin and Ether

HYPE's decline highlights investor caution and underscores the impact of market corrections and security issues on crypto valuations. The post HYPE falls 18% in a week, lagging Bitcoin and Ether appeared first on Crypto Briefing.

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Crypto

HYPE falls 18% in a week, lagging Bitcoin and Ether

HYPE's decline highlights investor caution and underscores the impact of market corrections and security issues on crypto valuations. The post HYPE falls 18% in a week, lagging Bitcoin and Ether appeared first on Crypto Briefing.

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Commerce halted Megaspeed chip probe after Nvidia outreach, NYT reports

The pause in the investigation may ease regulatory pressures on Nvidia, potentially boosting investor confidence and stock performance. The post Commerce halted Megaspeed chip probe after Nvidia outreach, NYT reports appeared first on Crypto Briefing.

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Financial blockchain startup Alta completes US$47.5 million in Series A financing and will cooperate with Airwallex to expand payment business

Alta, a start-up that develops blockchain infrastructure for banks and payment institutions, completed a US$47.5 million Series A round of financing, led by Index Ventures, with participation from GV, Blackbird Ventures, Square Peg and Capital 49, bringing the total financing amount to US$80 million. Alta is developing blockchain with built-in privacy protection and compliance controls to meet the business needs of financial institutions. Payment company Airwallex has become an early partner, and the two parties plan to integrate the Alta blockchain into Airwallex's global payment network to support stablecoin transfers and local legal currency payments. Alta's first product will reduce the amount of funds companies occupy in pre-funded accounts through an instant fund allocation mechanism, and support the allocation of idle funds into tokenized assets that can generate income. This round of financing will be used for blockchain development, expanding cooperation with financial institutions and recruiting engineering and compliance personnel. The company did not disclose the valuation. (The Block)

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Crypto

Financial blockchain startup Alta completes US$47.5 million in Series A financing and will cooperate with Airwallex to expand payment business

Alta, a start-up that develops blockchain infrastructure for banks and payment institutions, completed a US$47.5 million Series A round of financing, led by Index Ventures, with participation from GV, Blackbird Ventures, Square Peg and Capital 49, bringing the total financing amount to US$80 million. Alta is developing blockchain with built-in privacy protection and compliance controls to meet the business needs of financial institutions. Payment company Airwallex has become an early partner, and the two parties plan to integrate the Alta blockchain into Airwallex's global payment network to support stablecoin transfers and local legal currency payments. Alta's first product will reduce the amount of funds companies occupy in pre-funded accounts through an instant fund allocation mechanism, and support the allocation of idle funds into tokenized assets that can generate income. This round of financing will be used for blockchain development, expanding cooperation with financial institutions and recruiting engineering and compliance personnel. The company did not disclose the valuation. (The Block)

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UP: Claim of 'rejuvenation' of government schools, but what does the ground reality say?

The Uttar Pradesh government had claimed a year ago that 97 percent of the council schools in the state had been transformed. The government had also said that the makeover of the remaining schools would be completed in the next one year. BBC investigated this claim of the government. For this, we went to five districts of the state and inspected more than 25 government schools.

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International

UP: Claim of 'rejuvenation' of government schools, but what does the ground reality say?

The Uttar Pradesh government had claimed a year ago that 97 percent of the council schools in the state had been transformed. The government had also said that the makeover of the remaining schools would be completed in the next one year. BBC investigated this claim of the government. For this, we went to five districts of the state and inspected more than 25 government schools.

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