According to the CFTC, Binance and its founder Changpeng Zhao broke compliance regulations in order to gain users in the United States.

The Commodity Futures Trading Commission (CFTC) filed a complaint against Binance, its co-founder Changpeng Zhao, and its former chief compliance officer Samuel Lim in federal court in Illinois on Monday, alleging that Binance actively solicited U.S. users and subverted the exchange's own &qu...

A judge in the United States has blocked the Penguin Random House merger, crushing Bertelsmann's development plans.

A US federal judge barred the €2.3 billion merger between Penguin Random House and Simon & Schuster on Monday after concluding that the transaction may "substantially" impair competition "in the market for the US publishing rights to expected best-selling novels."

Singapore Orders a BMT-Penguin Hybrid-Electric Ship

BMT, a worldwide pioneer in multi-disciplinary engineering and ship design, is happy to announce the successful commissioning of its newest hybrid vessel for the Maritime and Port Authority of Singapore (MPA Singapore) (MPA Singapore). On behalf of BMT's customer, MPA Singapore, this achievem...

UN demands an investigation in Peng Shuai's case and asks about her well-being

The United Nations said that it wants proof about the whereabouts of Chinese tennis star Peng Shuai. The tennis star is missing after she made sexual assault allegations against a former vice-premier.

Highlights

• Chinese tennis star Peng Shuai missing

CHINA TO PROVIDE 40 AFRICAN COUNTRIES WITH COVID-19 VACCINES

Highlights –

• China to provide 40 African countries with COVID-19 vaccines.
• The vaccines were said to be donated or sold at favorable prices.
• China has pledged roughly half a billion doses of its vaccines to more than 45 countries.

KITCHEN HELPER BECOMES RUNAWAY ESPORTS PLAYER WITH UNDYING FAN-BASE

• Peng Yunfei could not have believed this in his wildest dreams that he would one day become a top electronic-sports player having a tens  of millions fan-base.
• Furthermore, all this when he was doing paltry kitchen work in a Shanghai restaurant in Xuhui District four years...

ELECTRIC VEHICLES DOWN WITH A THUD AMIDST FIRES AND UNSAFE BATTERIES

• New technology and startups always have hitches with electric vehicles also not being spared.
• Random fires in China this year related to electric cars has raised fresh public outcry about the safety of such vehicles.

On August 11, a vehicle from Chinese electr...

EBS TO PROTECT ITS COPYRIGHT ON ‘PENGSOO’ CHARACTER

Highlights –

• EBS will protect its character Pengsoo from copyright infringements
• EBS and MIJU law firm signed a contract to safeguard the characters IP rights
• EBS will crackdown on exporters infringing  IP rights of the characte...

PENGSOO CHARACTER ON KB KOOKMIN DEBIT CARDS

Highlights –

• New KB debit card featuring Pengsoo
• ‘Pengsoo,’ popular penguin character

According to a news report by The Korea Herald on Monday, credit card issuer KB KOOKMIN Card has rolled out a debit card featuri...