Why Companies Aren’t Ready for Full AI Adoption Artificial intelligence (AI) has been a hot topic in recent years, with many people wondering if it will take over their jobs or revolutionize industries. However, despite the hype, only a small percentage of companies have actually adopted AI for business purposes. Challenges of AI Adoption There…
Global debt has surpassed a staggering $313 trillion, with some nations facing growing difficulties in repaying their obligations, according to a recent study. Debt Surges: Global debt surged by $15 trillion from Q4 2022 to Q4 2023, as reported by Reuters, citing the Institute of International Finance (IIF). Over the past decade, global debt has…
Grayscale Files for Privacy-Focused ETF Grayscale, a prominent digital asset management firm, has proposed a new exchange-traded fund (ETF) centered around privacy. This ETF, if approved, will invest primarily in data privacy solution providers, cybersecurity companies, blockchain-based privacy solutions, and network security companies. ZEC’s Reaction The privacy-focused cryptocurrency Zcash (ZEC) saw a significant surge in…
Apcopay and CoinPayments Join Forces On February 22, CoinPayments, a leading cryptocurrency payment gateway, announced its partnership with Apcopay, an end-to-end global payment platform. This integration allows Apcopay clients to use CoinPayments to make financial transactions with a wide range of cryptocurrencies, including Shiba Inu (SHIB). SHIB Payments Go Global Through this partnership, Apcopay users…
In a series of emails between Bitcoin’s creator, Satoshi Nakamoto, and Finnish computer scientist Martti Malmi, Nakamoto debunks the idea of Bitcoin as an investment. He cautions against labeling it as such, emphasizing the risks involved. Bitcoin’s Early Development Malmi published email correspondence between himself and Nakamoto, dating back to 2009-2011. These emails provide detailed…
The US Securities and Exchange Commission (SEC) has opened the floor for public comments on the potential introduction of Bitcoin spot ETF options trading. This move has sparked reactions from the financial market, with experts anticipating a possible approval as early as March. NYSE’s Application In a letter to the SEC, the New York Stock…
Binance Holdings Ltd., the world’s largest cryptocurrency exchange, has agreed to pay a $4.3 billion penalty as part of a plea deal approved by a US judge. This marks one of the largest corporate penalties in US history. Background The plea agreement comes after months of investigation by the Department of Justice (DOJ) and other…
Coinbase, a leading crypto exchange based in the United States, has denied rumors that the Nigerian government has ordered it to restrict its services to Nigerian citizens. Coinbase CEO’s Statement Coinbase CEO Brian Armstrong addressed the issue in a post on Twitter, clarifying that Coinbase’s services are still operational in Nigeria and that the company…
On February 23, 2024, Axie Infinity co-founder Aleksander Larsen’s personal crypto wallets were compromised, resulting in the theft of 3,248 ETH (approximately $9.7 million). Breach Details Blockchain investigator PeckShield discovered suspicious activity and alerted the community. The stolen funds were sent to Tornado Cash, a crypto mixer, to obscure the transaction history. The attack was…
Dogecoin has been struggling in the crypto market lately, while other altcoins have been surging. As a result, Dogecoin has lost its spot in the top 10 cryptocurrencies by market cap. Tron Overtakes Dogecoin Tron, led by Justin Sun, has been on a bullish run, with its TRX token rising almost 200% since 2023. This…
