Estonia’s Central Bank also known as Eesti Pank has launched a multi-year research project into central bank digital currencies.
More DetailsThe Central Committee of the Communist Party of China recently announced that the Shenzhen special economic zone would be supporting research and the promotion of digital currencies.
More DetailsPhilippines Central Bank governor Benjamin Diokno has recommended further research with respect to the proposed Digital Peso, central bank digital currency.
More DetailsCryptocurrency investment solution provider Intelligence Unit (IU) announced a partnership with Japanese-based consulting company Nomura Research Institute (NRI) to introduce a new cryptocurrency index, popularly known as IU/NRI Crypto-Asset Index.
More DetailsAccording to a report by PreScouter, a research company that assists business leaders make better corporate and product development decisions, the mindset of leadership in the life sciences sector is hindering blockchain adoption.
More DetailsJapan’s central bank has recently revealed that it has created a new team to research on Central Bank Digital Currencies.
More DetailsThe digital asset management market is expected to generate revenue worth $9.32 billion by 2028 based on soaring demand, according to a report by SkyQuest Technology Consulting.
More DetailsIn the aftermath of the current Coronavirus market crash and the subsequent incoming inflation that will be caused by the response of the Federal Reserve and Central banks, Bitcoin will face its truest test and be given its its biggest opportunity to prove itself in its short lifetime according to new research from global crypto exchange BitMEX.
More DetailsNFT transactions are expected to reach $40 million by 2027 as the metaverse trend continues gaining steam, according to a report by Juniper Research.
More DetailsFTX US and Alameda Research have filed a complaint against FTX Digital Markets, alleging that the Bahamas-based company was a "fraudulent enterprise" used to conceal the issue of the firm's ownership. The complaint claims that the claims made by FTX Digital Markets will harm FTX.com customers and other creditors of the FTX Debtors as the company continues with bankruptcy proceedings in the United States.
More DetailsBank of America (BoA) follows the trend of cryptocurrency in response to the increasing user transaction demand and institutions' interest. Bank of America announced to initiate research on this powerful digital asset system.
More DetailsNew Money Theory Research: Blockchain to Usher in the New Age of Monetary and Financial Freedom
More DetailsThe crypto ATM market is anticipated to reach $1.88 billion by 2028, according to a report by US-based consulting firm Grand View Research Inc.
More DetailsNearly half of Americans have shown awareness of non-fungible tokens (NFTs), according to a survey by Washington-based think tank Pew Research Center.
More DetailsThe Bitcoin Lightning Network attracts fees close to zero, so it becomes more practical to use it when undertaking small payments than a debit card, according to leading investment bank Morgan Stanley.
More DetailsHut 8 Corp faces serious accusations from JCapital Research, claiming mismanagement and legal issues post-merger, leading to a significant stock price drop. The company is now working to address these allegations and reassure investors.
More DetailsMastercard, in association with the RBA and DFCRC, has demonstrated a groundbreaking interoperable CBDC solution to enhance Web3 commerce in Australia and beyond. The live demonstration showcased a pilot CBDC holder purchasing an NFT on Ethereum, utilizing Mastercard’s Multi Token Network, emphasizing the potential of blockchain interoperability in fostering secure and efficient digital commerce.
More DetailsSubject to escalating inflation, over 50% of investors are looking for more investment in alternative assets, Asset Tribe's survey suggests.ation
More DetailsCompanies permitting Bitcoin and other crypto payments have a more positive outlook in Brazil, Columbia, and Argentina, according to a study by financial payments processing firm CoinsPaid.
More DetailsArcane Research suggests crypto mining would help to resolve the energy crisis triggered by fossil fuels.
More DetailsEnvironmentalists sued the New York Public Service Commission (PSC) on Jan. 13 for allowing the takeover of a bitcoin mining plant. Plaintiff's argument that approval breaches 2019 New York climate legislation. The Climate Leadership and Community Protection Act aims to reduce 85% of statewide emissions by 2050 and achieve zero-emissions power by 2040, among other goals.
More DetailsA recent survey from the Pew Research Center has drawn an insight into the popularity of emerging digital currencies amongst Americans. At least 16% of respondents say they have invested in crypto.
More DetailsBIS Research has presented a new market intelligence report dubbed ‘Global Blockchain in Energy Market - Analysis and Forecast, 2018-2024.’ It reveals that blockchain application in the energy market was worth $518.6 million in 2018 and its value will reach $6.29 billion in 2024.
More DetailsFor crypto’s full potential to be harnessed, striking a balance between divergent patterns and enhancing diversity at all levels is needed, according to Raj Chowdhury, the CEO of crypto trading platform PayBito.
More DetailsThe urge for digitization is expected to push the blockchain identity management market to $17.81 billion by 2030, according to a report by Market Research Future (MRFR).
More DetailsBlockchain technology is expected to be a major trend fueling the logistics market growth, according to a report by Technavio, a global technology research and advisory company.
More DetailsKraken crypto exchange has applauded Coin Center for the crypto research institute has played in furthering the cryptocurrency industry.
More DetailsMany young people in Sub-Saharan Africa are taking the cryptocurrency route to build and preserve wealth despite low economic opportunities.
More DetailsSince knowledge feeds optimism and participation, Nigeria emerged as the top nation with the highest rates of optimism about Bitcoin’s future at 60%, according to a study by Jack Dorsey-owned Block, Inc.
More DetailsWith cryptocurrencies being one of the technological innovations taking the world by storm, Nigeria takes the lead in terms of crypto ownership, a survey suggests.
More DetailsJP Morgan Chase, Ciena, and Toshiba announced to research a Quantum Key Distribution (QKD) system in groundbreaking research for better protection for blockchain networks from eavesdropping and quantum computing attacks.
More DetailsAddresses associated with FTX and its subsidiary, Alameda Research, have reportedly transferred $145 million in stablecoins to various platforms, as the cryptocurrency exchange faces demands to return funds to different groups of investors amid ongoing investigations and lawsuits.
More DetailsThe financing from Foundry will enable Core Scientific and its clients to continue shifting global mining operations to North America
More DetailsFTX CEO Sam Bankman-Fried faced court examination on risk management after 2020 incident. BitMEX Research detailed discussions on "Allow Negative" code change, growth, and SBF's personal and professional entanglements.
More DetailsTernio, a leading white-label technology company, has revealed the findings of a new study dubbed “The State of Crypto Entrepreneurship 2019.” It was, therefore, estimated that crypto/blockchain organizations employ 86,443 people across the globe.
More DetailsThe IOTA Foundation is joining the new research laboratory for blockchain technologies for the Internet of Things (IoT) as an industrial partner.
More DetailsBlockFi's collapse tied to ignored risk warnings and flawed business practices, reveals a court filing. CEO Zac Prince allegedly dismissed concerns over high-risk loans to Alameda Research.
More DetailsSince non-fungible tokens (NFTs) help build authentic intellectual property, this is one of the key drivers expected to push the sector to a $97.6 billion valuation by 2028, according to a report by Research and Markets.
More DetailsGiven that commodity trading is highly fragmented, blockchain-driven smart contracts can transform this sector by redefining market transactions and transparency, according to a Global Smart Commodity Group (GSCG) report.
More DetailsYong-beom Kim, former first deputy minister of the Ministry of Planning and Finance of South Korea, will join Hashed Open Research, a blockchain and digital technology research institute, as CEO.
More DetailsThe University of Cambridge has rolled out a multi-year research initiative with 16 key financial institutions like WorldBank, IMF, and MasterCard to shed more light on the rapidly evolving crypto-asset ecosystem.
More DetailsA report conducted by investing platform Apex Fintech Solutions (Apex) shows nearly 370,000 new crypto accounts opened in Q2.
More DetailsA study shows that 76% of financial institutions expect to use crypto in the next 3 years. In addition, over 75% of consumers said they would prefer to buy cryptos for their sustainability.
More DetailsThe White House wants advice on its National Digital Assets Research and Development Agenda. The agenda "shapes a whole-of-government effort" to build digital assets and distributed ledger technologies. The president's digital asset executive order prompted its September announcement.
More DetailsAlameda lost over two-thirds of its assets owing to the XRP token price drop and was close to bankruptcy. Sam Bankman-Fried allegedly saved the trading company by promising lenders and investors 20% profits. Alameda funded his failed trading company by sponsoring the first Binance Blockchain Week conference in January 2019.
More DetailsOn-chain activity for stablecoins has surged over the last year, increasing by 800% according to the latest market intelligence, but could the increase in stablecoin issuance create inflation in the cryptocurrency markets as past allegations against Tether and Bitfinex have suggest ?
More DetailsIn the next five years, 67% of residents in the UAE will be interested in entering the crypto space, according to a survey by British market research and data analytics firm YouGov.
More DetailsAccording to a report by Indian-based market research firm Research Dive, the global blockchain IoT sector will likely register a revenue of $5.802 billion by 2026.
More DetailsAround half of all wealth in America is managed by financial advisors, but how much of that wealth are they comfortable allocating to cryptoassets?
More DetailsA study finds more women are participating and investing in this crypto sector, which men no longer dominate in terms of gender.
More DetailsWell-known crypto enthusiast and analyst Will Clemente announced to co-found Reflexivity Research with Anthony Pompliano.
More DetailsThe global blockchain distributed ledger market is expected to grow from $3.5 billion recorded in 2021 to $20.6 billion by 2027, according to a report by Research and Markets.
More DetailsAttributed to convenience and flexibility, crypto adoption in Latin America is increasing, according to a study by payments giant Mastercard.
More DetailsResearchers from Microsoft Research and Peking University have developed groundbreaking methods to enhance LLMs' ability to follow complex instructions and generate high-quality graphic designs, showcasing significant advancements in AI operational efficiency.
More DetailsSub-Saharan Africa has been the top Bitcoin adoption spot for 181 consecutive weeks after edging out Northern America, as revealed by Arcane Research.
More DetailsWhat it the correlation between crypto and the stock market? We analyze Nasdaq, Dow, Apple, Tesla, Microsoft, Bitcoin, Ethereum. Unlimited QE is the most important factor.
More DetailsAMIE, an AI system developed by Google Research and DeepMind, demonstrates superior diagnostic accuracy compared to human physicians in a groundbreaking study, signaling a new era in AI-driven healthcare.
More DetailsAt least 5% of worldwide business transactions are expected to utilize blockchain technology by 2028, thanks to heightened activity in the fintech blockchain market, according to a report by research firm SkyQuest.
More DetailsHut 8 Mining Corp, a leading Bitcoin miner, strongly refutes allegations by JCapital Research in a recent short report, emphasizing their commitment to transparency and urging stakeholders to refer to official SEC and Canadian regulatory filings for accurate information.
More DetailsHeightened demand in the worldwide blockchain in the retail market is expected to drive its value past the $3.27 billion mark by 2028, according to market research organization Facts and Factors.
More DetailsWith a flurry of renewed interest in cryptoassets, and multiple new opportunities for riches abounding, the vast majority of us can’t help but tentatively listen to that voice whispering in our ear, “remember 2018”. The bull run throughout 2017 ended in tears for many as early 2018 saw the market enter into an abrupt and prolonged bear cycle that lasted the better part of three years.
More DetailsA study shows only 27% of female working professionals have participated in web3-related projects, which is still lower than their male counterparts.
More DetailsReal Talk survey BlockFi suggests that female crypto investors on American soil had a long-term outlook because they had adopted the buy-and-hold strategy.
More DetailsMore women are investing and trading cryptocurrencies in Turkey as their crypto curiosity tops that of men, according to a survey by crypto exchange KuCoin.
More DetailsThe appetite for cryptocurrencies in e-commerce continues to gain steam as they offer more convenient and safer payment methods, according to a report by global payments solution provider Checkout.com.
More DetailsThe global blockchain technology market is anticipated to reach $19.9 billion by 2026 from the current $3.4 billion value, according to market research publisher Global Industry Analysts Inc.
More DetailsMicrosoft's significant investment in the UK's AI infrastructure is expected to significantly enhance the country's technology sector and its global AI standing.
More DetailsSince blockchain and artificial intelligence are among the greatest technological innovations, their demand is expected to make the market value soar to $980.7 million by 2030, a study suggests.
More DetailsThe University of Cambridge has found that the estimated number of cryptoasset users stands at 101 million worldwide.
More DetailsFTX debtors have reported over $4 billion in scheduled assets among various company silos as of November 2022 in a filing with the United States Bankruptcy Court. The report revealed that Alameda Research held the majority of scheduled assets but had "potentially material claims that have been filed as undetermined," while the data surrounding cryptocurrency holdings or transactions was limited.
More DetailsTroubled crypto exchange FTX filed for Chapter 11 bankruptcy protection in the U.S., with Sam Bankman-Fried resigning as the CEO.
More DetailsIllicit crypto volumes have been diminishing year-over-year, with scams taking the lion’s drop share, according to a report by blockchain analytic firm Chainalysis.
More DetailsChinese internet giant Tencent, also the operator of messaging app WeChat has been reported that the company is looking to create a digital currency research group. Tencent released a statement to its employees, stating that the company is currently hiring a new head of the research group.
More DetailsA surge in fund transfers is expected to expedite the global crypto ATM market to hit $1.185 billion by 2028, according to Vantage Market Research.
More DetailsThe blockchain in the manufacturing market is expected to render revenue worth $766.2 million in 2030, according to Verified Market Research.
More DetailsCryptodata website 21Shares and CoinGecko have launched a worldwide crypto asset classification system.
More DetailsWith knowledge being a flywheel for Ethereum (ETH), the Ethereum Foundation has deemed it fit to explore the network’s potential through academic research.
More DetailsFollowing a liquidity crisis and bankruptcy filing, FTX Group and Alameda Research are making progress in recovering lost crypto assets. FTX has reached a settlement with Modulo Capital and is seeking to claw back funds from Genesis Global, while Alameda Research received $60M from OKX in a recovery effort.
More DetailsA new survey is projecting the market value of the global automotive market at $1.9B by 2030
More DetailsThe urge to streamline operations and track assets with unprecedented precision are some of the factors expected to make the blockchain in the global manufacturing market hit $17.047 billion by 2027, according to a report by Research and Markets.
More DetailsWith 2021 emerging as a strong year for cryptocurrencies, global investors made $162.7 million in realized gains, according to blockchain analytic firm Chainalysis.
More DetailsFTX and Alameda have agreed to an "in principle" settlement with BlockFi, potentially paying up to $874 million, marking a significant development in the ongoing bankruptcy saga.
More DetailsBinance Research reports Ethereum's focus on scalability and decentralization, with Layer-2 solutions and Danksharding being key components. The transition to Proof-of-Stake in 2023 leads to a 257.7% increase in mainnet data publishing fees.
More DetailsBinance Research, in collaboration with Binance VIP & Institutional, has recently unveiled the results of their Institutional Crypto Outlook Survey. The study reveals a strong positive sentiment towards cryptocurrencies among institutional investors, with 63.5% expressing optimism for the next year and a striking 88% displaying a positive outlook for the next decade.
More DetailsAs already evident, cryptocurrency is transforming personal finance and piquing people's interest globally, a study by Crypto Wallet showed that questions about crypto were heavily searched on Google.
More DetailsThe rising use of mixers in the crypto space should be a cause for concern because they are highly being utilized by cybercriminals and bad actors, according to Chainalysis.
More DetailsBlockchain technology in the healthcare market is expected to reach an annual growth rate (CAGR) of 68.3% between 2022 and 2030, according to a study by Market Research Future (MRFR).
More DetailsA recent study titled "Public perception of generative AI on Twitter: an empirical study based on occupation and usage" unveils a broad spectrum of sentiments and uses of generative AI across various occupations, highlighting the technology's impact and ethical considerations.
More DetailsHindenburg Research is offering a $1 million bounty to anyone that can provide information about Tether’s stablecoin reserves.
More DetailsCalifornia takes a pioneering role in AI regulation with Senate Bills 892 and 893, aiming to ensure AI safety, ethics, and public benefits.
More DetailsVanEck Research revises #Ethereum price target to $11.8k by 2030 following a recent hard fork. The new valuation considers revenues from transaction fees, MEV, and an emerging "Security as a Service" model.
More DetailsThe White House meeting on competition policy and AI highlighted concerns about market concentration in critical AI components and its impact on small businesses. The discussion emphasized the need for fair competition and scrutinizing industry behaviors. The Biden-Harris Administration is committed to promoting competition and supporting small businesses in AI development.
More DetailsThe value of the global automotive blockchain market is expected to hit $2.23 billion by 2027, a study shows.
More DetailsBinance China Blockchain Institute, the research arm of global exchange Binance has formed a strategic partnership with Xinyuan Group to further the application of blockchain technology in the global real estate industry—including New York.
More DetailsAllied Market Research, a US-based research and advisory company, has reported that the worldwide blockchain identity management sector will escalate to $11.46 billion by 2026 from $107 million recorded in 2018. This will represent a compound annual growth rate (CAGR) of 79.2% because blockchain is touted to offer an immutable, interoperable, and unified infrastructure needed in the storage of digital identities.
More DetailsSam Bankman-Fried, founder and CEO of cryptocurrency exchange FTX, has denied reports that his two companies, FTX ventures and Alameda Research, are merging venture capital operations.
More DetailsA study shows that crypto investors could be more attractive or competitive in the dating market, but it might not be a good choice to choose NFT as your profile picture.
More DetailsAlthough the Bank of Canada still has no plans to issue a Central Bank Digital Currency, it has accelerated its research on such a project.
More DetailsCrypto exchange OKX sent $60M worth of digital assets to Alameda Research as part of a recovery effort to pay back customers of its sister company FTX. Alameda Research currently holds over $284M worth of assets, including USDT and ETH.
More DetailsBlockchain in the FinTech market is anticipated to reach $31.4 billion by 2030, given that the penetration of this cutting-edge technology in the financial industry has boosted app-based operations.
More DetailsIndependent research commissioned by the Electric Coin Company (ECC), the parent firm of privacy-focused cryptocurrency Zcash, concluded cybercriminals are much likely to use Bitcoin over other digital assets.
More DetailsNew research by Unstoppable Domains, Efani, and NGRAVE found that more than half of crypto investors at 54% store their security keys on a paper wallet amid intensified cyber attacks.
More DetailsOpenTrade collaborates with WOO X to unveil access to tokenized T-Bills for Asian investors. This partnership, leveraging Circle Research’s Perimeter Protocol, is a response to the escalating demand for tokenized T-Bills over DeFi yields. Concurrently, WOO X advances its strategic footprint in South Korea, aligning with CODE compliance solutions to broaden its product accessibility in the region.
More DetailsCelsius Network's transfer of over $125M in Ethereum to exchanges amid bankruptcy stirs speculation in the crypto market.
More DetailsPayment giant Visa conducts a study indicating that almost a quarter of small businesses spread across 9 nations intend to introduce the crypto payment option this year.
More DetailsVoyager Digital will receive about $200 million in repayment of loans from trading firm Alameda Research.
More DetailsIn the past week, inflows into crypto investment products reached $193 million. A scenario last seen in mid-December 2021, according to digital asset management firm Coinshares.
More DetailsThe PlusToken Ponzi scheme operators are using regulated KYC compliant exchanges to dump their cryptocurrency according to an updated report by investigative firm OXT Research.
More DetailsCircle launches 'Circle Research' to further technical innovation in crypto, blockchain, and Web3 through open-source research. The initiative's first contribution, Perimeter Protocol, sets a new standard for building on-chain credit markets. Circle releases the Perimeter white paper and public GitHub Repo to advance open protocol transacting with a focus on credit, catering to a wide range of credit scenarios.
More DetailsThe need of the hour to combat the pandemic is a potent vaccine which needs to be available in a short span of time, yet developed by following rigorous regulatory procedures and in a trustworthy manner. How can technologies like Blockchain help in such an accelerated vaccine development process?
More DetailsThe FTX hack in November 2022 saw $477 million vanish, with the elusive thief later laundering assets through decentralized exchanges and cross-chain bridges like RenBridge and THORSwap. As the trial of FTX's CEO Sam Bankman-Fried commences, the thief, still unidentified, resumed moving the stolen assets, converting Ether to Bitcoin. Blockchain analytics firm Elliptic sheds light on this crypto mystery, unraveling the blockchain trail and revealing the thief's laundering tactics.
More DetailsMetaverse gaming platform Cosmic Guild raised a sum of $1.5 million in seed funding led by Binance Labs - the investment and innovation incubation arm of Binance.
More DetailsBitcoin investors are still optimistic because they continue stacking with the expectation that the price will rebound to the $55,223 level in six months, according to a study by data intelligence company Morning Consult.
More DetailsCrypto adoption in Hong Kong is going to expand, as the city has emerged as the readiest country/ region to embrace digital assets era, according to a study by trading platform Forex Suggest.
More DetailsThe Massachusetts Institute of Technology (MIT) views Ethereum’s proof of stake (PoS) consensus mechanism as a game-changer that will prompt the adoption of energy-saving technology.
More DetailsSam Altman returns as OpenAI's CEO, with a reconstituted board, after a brief ouster, underscoring his pivotal role in the AI industry.
More DetailsThe BIS along with seven central banks has released a report identifying the principles necessary for CBDCs to help central banks meet their public policy objectives.
More DetailsAccording to a report by Allied Market Research, the global crypto market is expected to rise from $1.49 billion registered in 2020 to $4.94 billion by 2030.
More DetailsSouth China Morning Post's Report shows Chinese firms are growing in the adoption and integration of blockchain technology
More DetailsIn just about a week since the US Treasury Department’s Office of Foreign Assets Control placed a ban on the crypto mixer, Tornado Cash, the total deposits on the platform have plummeted remarkably.
More DetailsThe Bank of America has set up a cryptocurrency research team
More DetailsFTX seeks court approval to divest its $18 billion stake in Anthropic, part of its post-collapse asset liquidation strategy, to repay customers and fulfill stakeholder commitments.
More DetailsBinance Research's latest report reveals a thriving crypto market in February 2024, with a 40% increase in total market capitalization, driven by spot BTC ETF inflows and strong DeFi and NFT performance.
More DetailsCiti expects the metaverse to be worth between $8 trillion and $13 trillion by 2030, given that the exponential growth of NFTs has brought it to the limelight.
More DetailsSam Trabucco, co-CEO of Alameda Research, an encrypted digital asset fund, announced on Twitter that he would resign from his leadership position to focus on other personal matters.
More DetailsGoogle Research introduces Batch Calibration (BC), a method designed to enhance Large Language Models (LLMs) performance by reducing design decision sensitivities. Unveiled on October 13, 2023, BC significantly improves performance across various tasks, showing promise for more robust LLM applications. It stands out for its zero-shot, self-adaptive nature, and negligible additional computational costs, presenting a notable advancement in the field of machine learning.
More DetailsCrypto ownership in Norway has been trending, because 10% of the adult population, representing 420,000 Norwegians, own cryptocurrencies, according to a study by Arcane Research and Ernst & Young (EY).
More DetailsAs of June 2022, the number of crypto investors in India had clocked 115 million, representing 15% of the nation’s population aged 18 to 60 years, according to a survey by crypto exchange KuCoin.
More DetailsAlameda Research has withdrawn its lawsuit against Grayscale Investments following the latter's Bitcoin Trust conversion to an ETF, leading to significant GBTC outflows and reshaping the cryptocurrency investment landscape.
More DetailsArtificial Intelligence (AI) innovator Anthropic announced today a landmark $450 million Series C funding round, securing significant investment to enhance its reliable AI products.
More DetailsSEC Chair Gary Gensler emphasizes regulatory standards as FTX considers legal and compliant return, following founder Sam Bankman-Fried's conviction, marking a pivotal moment in crypto regulation.
More DetailsPeople generally understand that human-made public goods—highways, airports, libraries—will incur some economic costs which must be recovered through some sort of fee, toll or charge. It is apparent, however, that the general public gives little thought to the actual policy decisions made in cost recovery schemes or the impact of cost recovery methodologies on the efficient allocation and utilization of these resources for the assets. ConsenSys proposes a tokenized model to better sustain and enhances public resources.
More DetailsThink Tank, dGen, releases a new report entitled, “AI, Privacy, and Genomics: The Next Era of Drug Design”. It tackles the issue of privacy and access to genetic data for companies using AI to speed up and improve drug design.
More DetailsFreeInit, developed by Nanyang Technological University, enhances video diffusion models by iteratively refining noise initialization, significantly improving temporal consistency in video generation.
More DetailsECOMMPAY said that UK consumers need more education on how to use BNPL and cryptocurrency payments safely.
More DetailsTether's Q3 2023 attestation shows historic liquidity, 85.7% reserves in Cash & Cash Equivalents, reduced secured loans, and robust investment in industry research, ensuring financial resilience amid market fluctuations.
More DetailsReports have it that Sam Bankman-Fried funded Alameda Research with FTX customer deposits. Many believes this was the downfall of the firm
More DetailsElon Musk is reportedly assembling a team of AI researchers and engineers to launch an AI startup to compete with OpenAI. Musk is said to be in talks with existing investors from SpaceX and Tesla for investment in the new venture. In addition, Musk has recently incorporated a company named X (X.AI) and changed the name of Twitter to "X Corp" as part of his plans to create an "everything app" under the "X" brand. Meanwhile, Amazon Web Services (AWS) has launched the Bedrock initiative to allow its users to build generative AI from foundation models.
More DetailsCaution should not be thrown to the wind when it comes to tightening fiscal and monetary policies because this could trigger a global recession, according to a UN agency report.
More DetailsA global and multidisciplinary team of scholars have released a publication noting that NFTs have the capability of spreading their wings to the healthcare sector by helping patients safeguard their personal health information.
More DetailsThe world’s richest individuals are also jumping on the crypto bandwagon because approximately 30% of the top 65 globe’s super-rich have directly or indirectly invested in cryptocurrencies, according to a Forbes survey.
More DetailsThe Federal Reserve has terminated its enforcement action against Farmington State Bank, linked to the collapsed crypto exchange FTX, marking the bank's shift away from operations and reinforcing depositor protection efforts.
More DetailsRecent data analysis reveals that Alameda Research minted $39.55 billion USDT, nearly half of Tether's circulating supply. The findings underscore the significant role of major crypto trading firms in stablecoin operations, with a detailed examination of USDT's creation and redemption processes.
More DetailsKey personnel from FTX and Alameda Research, during a trial, revealed concerning financial mismanagement and misrepresentation practices within the organizations. Gary Wang and Caroline Ellison's testimonies provided insights into significant financial instabilities, misuse of FTX funds by Alameda, and personal ventures being funded through loans from Alameda. The trial uncovers a complex scenario of financial misconduct and troubling personal-professional relationships, shedding light on alarming practices within these crypto entities.
More DetailsMinima, an ultra-lean blockchain network, launched an innovation challenge to spur more growth in its ecosystem.
More DetailsAccording to a research report released by Mizuho Securities, the majority of PayPal's users see Bitcoin as a payment means.
More DetailsKronos Research, a top cryptocurrency trading team, suffered a $1.4 million loss in 2020 due to malicious code alteration by disgruntled engineers Chen and Xu, who conspired to embed errors, leading to a fine and 10-month sentence.
More DetailsAlmost one in five Britons (18%) own crypto, according to a survey conducted by cryptocurrency exchange Gemini.
More DetailsOut of 172 institutional clients surveyed, leading global investment bank Goldman Sachs found out that 51% of them had crypto exposure.
More DetailsKPMG China conducted a study dubbed “Investing in Digital Assets” and found that family offices and high-net-worth individuals in Singapore and Hong Kong have a growing interest in terms of virtual digital assets.
More DetailsCentral bank digital currencies (CBDCs) have triggered overwhelming consensus among global finance leaders, according to a survey by Ripple, a leader in enterprise crypto and blockchain solutions.
More Details90% of apex banks have shown intentions of rolling out central bank digital currencies (CBDCs), according to a study by the Bank for International Settlements (BIS).
More DetailsSamuel Bankman-Fried's defense team has submitted a letter to U.S. District Judge Lewis A. Kaplan, seeking permission to question the involvement of FTX lawyers in the issuance of loans worth up to $300 million from Alameda Research to Gary Wang. The request comes after an October 1 court ruling provisionally barred any mention of FTX lawyers' involvement without prior permission. The defense aims to establish Bankman-Fried's good faith and lack of criminal intent in the ongoing money laundering case.
More DetailsA transition to cryptocurrencies as a means of payment and store of value by 26% of Brazilians in the last six months has been prompted by being unbanked or underbanked and high inflation rates, according to a study by crypto exchange KuCoin.
More DetailsAllied Market Research, a global market research and business firm, has reported that the incorporation of blockchain into the global retail market will garner $11.18 billion by 2026 from $83 million recorded in 2018.
More DetailsA study shows that the metaverse would remain one of the hot topics in the fintech industry. Metaverse also would be top ten strategic technology trends for 2023.
More DetailsCrypto data aggregator CoinGecko has released a new survey showing global interest in cryptocurrency adoption. Nigeria, The United Arab Emirates, and Singapore are firmly in the lead.
More DetailsXbox and Inworld AI have partnered to develop AI tools for dialogue and narrative creation, aiming to empower creators in the gaming industry.
More DetailsUser location was shown to affect transaction authorisation, with Europe having the best success rates.
More DetailsSlow and steady wins the CBDC Race: there are several reasons why the United States' digital dollar development has an edge over China’s speedy approach to its digital yuan.
More DetailsOne in five Americans has used, traded, or invested in cryptocurrency, according to a poll by NBC News.
More DetailsEthereum Research Forum is initiating measures to boost visibility and collaboration across various academic disciplines to enrich the Ethereum ecosystem.
More DetailsThe intention of investing in cryptocurrencies like Bitcoin (BTC) or using tokens as a payment option among Americans is higher than among Canadians, a new survey shows.
More DetailsNearly 3 million citizens in Saudi Arabia have entered the crypto space over the past six months, according to a study by KuCoin.
More DetailsIt might not be too late to jump on the Bitcoin bandwagon because the leading cryptocurrency is just getting to the inflexion point of hyper-adoption, according to a report published by Wells Fargo.
More DetailsNigerians are entering the crypto space because of the lack of affordable financial services and high inflation rates, given that 35% of them were engaged in this sector in the last six months, according to a study by crypto exchange KuCoin.
More DetailsSui, a leading blockchain platform, has donated $1 million to London Business School for Web3 research and education, aiming to prepare future technology and business leaders.
More DetailsThe University of Sussex Business School recently published an analysis indicating that widespread market manipulation is a serious problem that regulators should deal with so that to confront false prices and avoid distorting the minds of investors. According to the analysis report, the COVID-19 pandemic has created huge volatility in global financial markets. But as one might expect, prices of safe-haven assets like Bitcoin and gold are not surging, a problem that is caused by large-scale and intense manipulation.
More DetailsMultinational online payments company Paysafe has conducted a study, showing that 60% of the respondents believe that crypto purchases will become widespread in one year.
More DetailsGiven that Germany is the first nation to recognize Bitcoin as a unit of value, 44% of respondents in the country view crypto as part of the future of finance, according to a study by crypto exchange KuCoin.
More DetailsStargate Foundation has been advised against reissuing the STG token by its DAO due to concerns raised by FTX liquidators following the bankruptcy of FTX and Alameda Research's wallets being hacked for roughly $500 million.
More DetailsFormer FTX CEO Sam Bankman-Fried will appear in court on January 3. He faces two wire fraud charges and six conspiracy charges for the FTX bitcoin exchange crash. His close circle at FTX and Alameda Research pled guilty and cooperated.
More DetailsHashCash Consultants, a US-based blockchain development company, has set its eyes on revamping the complex process of clinical trials and drug research by availing blockchain solutions. It intends to realize this by forming a pharma consortium with pharmaceutical firms and other medical players.
More DetailsResearchers at Oxford University Law Faculty claim that crypto market regulation is mandatory to prevent systemic risk in times of financial crisis.
More DetailsFTX CEO Sam Bankman-Fried was questioned about using funds to repay Alameda's lenders, sparking discussions on risk management practices and potential user reputation implications.
More DetailsRecent DeepMind research reveals that subtle adversarial image manipulations, originally designed to deceive AI models, also subtly influence human perception. This discovery underscores similarities and distinctions in human and machine vision, emphasizing the need for further research in AI safety and security.
More DetailsThe NFT market continues to take the world by storm based on the notable adoption and trading volume witnessed.
More DetailsThe global blockchain technology market in the banking, financial services, and insurance (BFSI) sector is expected to hit $4.02 billion by 2026 thanks to a surge in FinTech spending, according to ReportLinker.
More DetailsThe UK government announces a £100 million investment to establish AI research hubs and enhance regulatory frameworks, focusing on healthcare, chemistry, and mathematics, alongside global partnerships for responsible AI practices.
More DetailsAs a show of belief in the crypto space, 67% of retail or investors deem cryptocurrencies as trustworthy investments, wile only 11% seeing them as untrustworthy, a study shows.
More DetailsFTX has struck a deal with a company owned by the government of Abu Dhabi to sell its remaining interest in venture capital firm Sequoia Capital for $45 million. The deal is subject to approval by the Delaware bankruptcy judge and is part of FTX's efforts to liquidate its investments to pay off its debts to creditors. Meanwhile, Voyager Digital has agreed to set aside $445 million after being sued by Alameda Research over loan repayments.
More DetailsThe United States dollar is facing significant depreciation following the US elections according to Standard Chartered Bank’s Head of Research.
More DetailsThe Chinese central bank, People’s Bank of China’s (PBoC) Digital Currency Research Institute has signed an agreement with multinational telecommunications giant Huawei.
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