Hong Kong warns against crypto firms misrepresenting as ‘bank’

Earlier this week, the Israeli crypto exchange became the first crypto firm in the country to receive a license enabling it to work with local banks. 189 Total views 11 Total shares Israeli-based crypto exchange Bits of Gold became the first crypto firm in the country to receive a license from the Capital Markets Authority…

Nvidia shares soared nearly 10% in after-hours trading, as the company beat Wall Street analyst expectations by more than $2 billion. 308 Total views 2 Total shares Shares of computer chip manufacturer Nvidia soared nearly 10% in after-hours trading as surging demand for AI chips saw the firm post Q2 earnings that significantly beat Wall…

A panel of senior financial regulators in the United States has warned the public about the purported risks of stablecoins and cryptocurrencies. A report issued on Dec. 4 by the Financial Stability Oversight Council (FSOC) highlighted potential problems resulting from stablecoins gaining wider recognition.The FSOC was set up in 2008 to combat risks to the financial…

Ant Group remains the world’s biggest blockchain patentee, while IBM is considered to be the most cited developer of patents in the industry. 1662 Total views 21 Total shares Chinese holding conglomerate Ping An Group filed the largest number of blockchain-related patents in 2020, according to a new report.Intellectual property-focused magazine Intellectual Asset Management has…

Opinion by: Roman Cyganov, founder and CEO of Antix In the fall of 2023, Hollywood writers took a stand against AI’s encroachment on their craft. The fear: AI would churn out scripts and erode authentic storytelling. Fast forward a year later, and a public service ad featuring deepfake versions of celebrities like Taylor Swift and

According to a United Nations report, Methane gas runoff is “80 times more harmful than CO2 for 20 years after it is released.”

Faculty at the Rotterdam School of Management argue that STOs are better for financing startups than ICOs. 1392 Total views 23 Total shares Thomas Lambert, Daniel Liebau, and Peter Roosenboom from the Rotterdam School of Management suggest that Security Token Offerings are better at financing start-ups than Initial Coin Offerings. Their research was published on…

The Italian soccer team Juventus has a number of traditional collectibles available for purchase by its fans, but this week it’s taking them into the digital age. The sports club announced on Feb 19. it would be offering digital trading cards of its players through the blockchain-enabled platform Sorare.By using Ethereum technology, Sorare will provide…

The scammers breached countless X accounts to shill the memecoin, but they didn’t even make enough to buy a Toyota Corolla.