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Business

Coinbase hopes AI will reduce frequency of exchange’s outages
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29 August, 2024

Coinbase hopes AI will reduce frequency of exchange’s outages

The new AI model anticipates traffic spikes and scales up resources, and Coinbase claims this new system "served us well"...
Blockchain can combat Nigeria’s food crisis: SiBAN’s Obinna Iwuno
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29 August, 2024

Blockchain can combat Nigeria’s food crisis: SiBAN’s Obinna Iwuno

Nigeria has the world’s highest number of food-insecure people, which the United Nations says could hit 82 million by 2030;...
Consultation paper to shape India’s digital asset regulation future
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29 August, 2024

Consultation paper to shape India’s digital asset regulation future

India is moving past enacting taxes on digital assets with an upcoming consultation paper likely to provide the sector with...
Mercado Libre launches MELI dollar stablecoin in Brazil
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29 August, 2024

Mercado Libre launches MELI dollar stablecoin in Brazil

Up to 52 million active users in Latin America will have access to the MELI stablecoin, and Brazil and Argentina...
India’s CBDC has 5M users, RBI in ‘no rush’ to launch it
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28 August, 2024

India’s CBDC has 5M users, RBI in ‘no rush’ to launch it

India’s central bank revealed that 16 local banks are participating in the pilot but says it’s still finetuning features such...
Telegram founder’s arrest slammed by darknet market fans
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28 August, 2024

Telegram founder’s arrest slammed by darknet market fans

Telegram Founder/CEO Pavel Durov was detained as part of a probe opened on July 8 against a “person unnamed” for...
Africa’s blockchain funding dips, but adoption unfazed
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28 August, 2024

Africa’s blockchain funding dips, but adoption unfazed

A Crypto Valley VC report showed blockchain is becoming more prominent for VCs in Africa, which Centbee’s Lorien Gamaroff attributes...
DBS bank completes pilot for government grants on blockchain
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28 August, 2024

DBS bank completes pilot for government grants on blockchain

DBS programmed the qualifying conditions to receive the grant into smart contracts on its permissioned blockchain, automatically triggering money transfers...
Beijing’s AIIB issues $300 million digital bond
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28 August, 2024

Beijing’s AIIB issues $300 million digital bond

AIIB's issuance taps Citi as the issuing agent, while BMO Capital Markets offers dealer services, leaning on their vast market...
Kraken loses bid to dismiss SEC suit, loses fight with Aussie securities regulator
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27 August, 2024

Kraken loses bid to dismiss SEC suit, loses fight with Aussie securities regulator

The next step in this long-running process between Kraken and the U.S. SEC is a case management conference on October...
IDC guide predicts worldwide AI spending to reach $632 billion by 2028
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27 August, 2024

IDC guide predicts worldwide AI spending to reach $632 billion by 2028

The IDC notes in its guide that the meteoric rise of generative AI systems over the last 24 months will...
Germany seizes 13 BTC ATMs, nearly $280K in fresh crackdown
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26 August, 2024

Germany seizes 13 BTC ATMs, nearly $280K in fresh crackdown

Germany’s financial market watchdog, BaFin, says the ATMs were operating illegally in breach of the country’s Banking Act and have...