Crypto for good: Why blockchain can bring financial inclusion worldwide
John Wingate of BankSocial and Azeem Khan of Morph tell The Agenda podcast how crypto and blockchain can make the world a better, more equitable place. Go to Source
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Nigerian minister urges SEC to tackle crypto regulation challenges
Nigeria’s cryptocurrency regulations are currently in the process of being updated. Go to Source
Bitcoin miner TeraWulf is open to merger but not for ‘empire building’
Expanding the number of Bitcoin machines or facilities “makes no sense” if profitability margins don’t increase, TeraWulf’s Kerri Langlais stressed. Go to Source
UBS Rates Gold as Most Preferred Geopolitical Hedge and Portfolio Diversifier
UBS sees gold as an attractive geopolitical hedge and portfolio diversifier, rating the metal as most preferred in its investment lessons for the second half of the year report. The bank highlights strong market performance driven by AI investment and recommends diversified portfolios across various assets, regions, and sectors to navigate political and economic uncertainties. … Read more
UBS Executive Highlights AI’s Impact on Banking
UBS is witnessing a transformative shift in client interactions driven by artificial intelligence, according to Sabine Keller-Busse, the head of the Swiss bank’s domestic business. Keller-Busse compared the change to how patients now approach doctors with self-diagnosed conditions. UBS Sees AI Revolutionizing Financial Interactions Artificial intelligence (AI) is reshaping the banking industry, with clients increasingly … Read more
Nigerian blockchain leader advocates AI to save African languages
The use of blockchain and AI for improvement in various areas of society is essential in Africa now more than ever. Go to Source
CleanSpark mined 445 Bitcoin in June, surpasses hash rate target
CleanSpark’s CEO Zach Bradford said his firm was setting its sights on increasing future hash rate instead of branching out to alternative revenue streams. Go to Source
Northern Data Mulls US Market AI Entity IPO at up to $16 Billion Valuation
Northern Data, a European cloud computing, artificial intelligence (AI), and bitcoin mining company, is reportedly mulling going public in U.S. markets. The company would be in talks to complete its initial public offering (IPO) in 2025, creating an entity combining its AI cloud computing and data center divisions. This new entity would have a valuation … Read more
Robinhood Acquires AI Investment Research Platform
Robinhood Markets, Inc. has acquired Pluto Capital Inc., an Artificial Intelligence (AI)-powered investment research platform. Pluto delivers highly-customized investment strategies based on individual customer needs and financial goals. With this strategic move, Robinhood aims to enhance its data-driven investing capabilities. Jacob Sansbury, Pluto’s Founder and CEO, joins Robinhood to integrate AI across their platform. Investors … Read more
Designating Crypto as the Bogeyman Will Not Halt the Nigerian Currency’s Depreciation
Labeling cryptocurrency a scapegoat, similar to blaming parallel market traders for the Nigerian currency’s woes, will not solve the underlying problems. Proactive preparation for consequential innovations is far preferable to reactive measures. The blockchain and crypto industry is still young, and there’s time for Nigeria to establish regulatory frameworks to govern its participants. Nigeria’s Currency … Read more