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09-23-2024
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Business

Netflix’s Bitconned shows the rot at the heart of utility-free ‘crypto’ projects
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8 January, 2024

Netflix’s Bitconned shows the rot at the heart of utility-free ‘crypto’ projects

The Netflix show Bitconned offers a retrospective look at a Florida-based 'crypto' scam run by self-confessed fraudsters who don't express...
Nigerian banks to launch naira-pegged stablecoin cNGN in February
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8 January, 2024

Nigerian banks to launch naira-pegged stablecoin cNGN in February

The new stablecoin will be overseen by the Africa Stablecoin Consortium, which includes leading commercial banks, the central bank, and...
European Central Bank seeks feedback on latest draft of digital euro rulebook
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8 January, 2024

European Central Bank seeks feedback on latest draft of digital euro rulebook

The ECB Rulebook Development Group report provides an insight into the technical aspects of the European Union’s central bank digital...
Adani, Sirius joint venture to transform India’s $175B digital economy
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7 January, 2024

Adani, Sirius joint venture to transform India’s $175B digital economy

Sirius and Adani Enterprises' joint venture will explore opportunities in blockchain, artificial intelligence, and the Internet of Things (IoT).
India’s CBDC pilot hits 1 million daily transactions amid controversy
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6 January, 2024

India’s CBDC pilot hits 1 million daily transactions amid controversy

Reserve Bank of India achieves a significant milestone as the digital rupee pilot surpasses 1 million daily transactions, but controversies...
Baidu’s AI Ernie bot reached 100M users in China in under 6 months
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6 January, 2024

Baidu’s AI Ernie bot reached 100M users in China in under 6 months

Designed as an alternative to OpenAI's ChatGPT, Ernie bot received praises from critics, surging to the top of the Chinese...
Nvidia and Jeff Bezos back Perplexity AI in $73.6M round
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5 January, 2024

Nvidia and Jeff Bezos back Perplexity AI in $73.6M round

The Perplexity AI's product gives users instant, direct responses to questions with complete sources and citations, a different model from...
SEC adds Terraform Labs unregistered securities ruling to Binance, Coinbase suits
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5 January, 2024

SEC adds Terraform Labs unregistered securities ruling to Binance, Coinbase suits

The U.S. regulator is looking to get the upper hand in its case against Binance and Coinbase, using its recent...
OKX implements new rules under FCA’s latest guidelines for UK users
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5 January, 2024

OKX implements new rules under FCA’s latest guidelines for UK users

In compliance with the FCA's new order, OKX will test its retail customers to determine their eligibility to hold an...
Indonesia’s central bank eye CBDC trial for 2024
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5 January, 2024

Indonesia’s central bank eye CBDC trial for 2024

Bank Indonesia's plans for its central bank digital currency, the digital rupiah, will focus on wholesale interbank settlement using blockchain...
South Korea’s Wemade eyes Middle East for blockchain gaming expansion
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5 January, 2024

South Korea’s Wemade eyes Middle East for blockchain gaming expansion

Looking to make a mark in the Middle East's blockchain space, Wemade struck a partnership with Whampoa Digital for a...
IRS mandates increased personal information for digital asset transactions under new rules
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4 January, 2024

IRS mandates increased personal information for digital asset transactions under new rules

Many brokers are expected to have difficulty complying with the IRS' new tax rules, which took effect on January 1,...