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The Ethereum Foundation’s annual budget has jumped from $41 million in 2021 to around $100 million this year.
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André Beganski (via Decrypt)
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8/27/24
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Hilbert Group and Xapo Bank have announced a strategic partnership to launch a Bitcoin-denominated hedge fund exceeding $200 million, set to launch in September 2024.
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Nik Hoffman (via Bitcoin Magazine)
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8/27/24
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The next step in this long-running process between Kraken and the U.S. SEC is a case management conference on October 15, at which a proposed case schedule and trial date will be discussed. …
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Steven Stradbrooke (via CoinGeek)
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8/27/24
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BlackRock's spot Bitcoin ETF saw its largest single-day inflow in over a month on Monday, taking in $224 million amid a slight Bitcoin pullback. The sizable injection extends an 8-day streak of net …
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Vivek Sen (via Bitcoin Magazine)
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8/27/24
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The IDC notes in its guide that the meteoric rise of generative AI systems over the last 24 months will show no signs of slowing down amid rising adoption rates by enterprises. [...]
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Wahid Pessarlay (via CoinGeek)
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8/26/24
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Kaizntree is an online platform that centralizes the inventory management process by consolidating all data into one interface. It also leverages artificial intelligence to predict demand trends and …
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Jon Stojan Media (via Hacker Noon)
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8/26/24
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Medical device maker Semler Scientific purchased an additional 83 Bitcoin for $5 Million, boosting its total Bitcoin treasury to 1,012 BTC acquired for $68M. Semler is pursuing a strategy of buying …
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Vivek Sen (via Bitcoin Magazine)
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8/26/24
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Germany’s financial market watchdog, BaFin, says the ATMs were operating illegally in breach of the country’s Banking Act and have been used to scam locals. [...]
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The post …
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Steve Kaaru (via CoinGeek)
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8/26/24
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The 3 Hong Kong spot Bitcoin ETFs surpassed HK$2 billion ($272M) in assets under management since launching this year. The growth shows increasing institutional appetite for regulated Bitcoin …
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Vivek Sen (via Bitcoin Magazine)
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8/26/24
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What the BRICS system will look like in the future is still unclear, but with its annual summit ahead in Kazan on October 22-24, we may soon get our first glimpse. [...]
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The post …
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Gavin Lucas (via CoinGeek)
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8/26/24
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Many people believe AI is a revolutionary tech, but not all people are on board with this idea, with one study showing consumers' distrust of AI based on their purchasing intentions. [...]
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Patrick Thompson (via CoinGeek)
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8/26/24
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The market share of blockchain in automotive is expected to grow from $82.50 million in 2023 to $160.78 million by 2030, with a 10% CAGR, according to Report Prime. [...]
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The post …
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Wahid Pessarlay (via CoinGeek)
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8/25/24
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UNESCO says the results of the open consultation will be presented as a policy brief to guide legislators in member countries in regulating AI, and the deadline for comments is until September 19. …
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Wahid Pessarlay (via CoinGeek)
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8/25/24
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The federal labour board has ordered thousands of rail employees back to work after a bitter contract dispute shut down the country's two major railways.
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Amy Judd (via Global News)
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8/24/24
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This week's recent AI news saw how OpenAI's partnership with Condé Nast aims to offset AI's impact on media revenue and Donald Trump's experience with AI deepfake. [...]
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The post …
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Patrick Thompson (via CoinGeek)
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8/24/24
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The National Bank of Cambodia confirmed a commitment to setting up QR locations nationwide to streamline payments using the Bakong Tourists app. [...]
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The post Cambodia’s Bakong …
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Wahid Pessarlay (via CoinGeek)
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8/24/24
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WazirX users will be able to withdraw up to 66% of their Indian rupees starting Monday, about a month after funds were frozen due to a security breach.
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Liz Napolitano (via Decrypt)
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8/23/24
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Seychelles parliament has unanimously approved the new bill, making the Financial Services Authority the sector’s regulator and requiring VASPs to obtain a license before serving investors. …
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Steve Kaaru (via CoinGeek)
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8/23/24
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Bitwage now serves over 4,500 companies and 90,000 users that leverage its platform to pay employee salaries in Bitcoin and crypto. Bitwage is on track to process over $400 million in payroll …
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Vivek Sen (via Bitcoin Magazine)
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8/23/24
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The digital assets annex, developed in partnership with the ICMA and ISLA, provides a standardized framework for digital cash and securities, which is said to aid the growth of the repo market. …
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James Field (via CoinGeek)
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8/23/24
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Public Citizen consumer advocacy group released a report titled ‘Big Crypto, Big Spending’ that showed ‘crypto corporations’ poured $119 million into the current U.S. election cycle. …
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Steven Stradbrooke (via CoinGeek)
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8/23/24
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US spot Bitcoin ETFs saw their sixth consecutive day of net inflows totalling around $65 million, highlighting growing mainstream institutional demand. BlackRock's IBIT led the day with $75.5 million …
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Vivek Sen (via Bitcoin Magazine)
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8/23/24
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The new guidelines require VASPs to obtain licenses from the SEC, abide by AML rules and report crimes while entitling them to banking and payment services. [...]
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The post Ghana …
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Steve Kaaru (via CoinGeek)
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8/23/24
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The National Commercial Bank, the only Jamaican bank that currently offers a CBDC wallet, says that while its digital banking app has been a hit, users have avoided JAM-DEX. [...]
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Steve Kaaru (via CoinGeek)
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8/23/24
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An overview of the report reveals that Singapore is responsible for a chunk of the positives trailing Grab's Q2 financials, as the majority of the app's users are residents in the city-state. …
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Wahid Pessarlay (via CoinGeek)
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8/22/24
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