Technology · AI Content
OpenAI failed To Deliver The Opt-Out Tool It Promised By 2025
The ink isn’t dry on the claim of OpenAl to launch a new opt-out tool. Not long ago but in May 2024, OpenAl broke the internet with news…
Md. Subhan
Newsroom
News
Crypto · Adoption
Four Companies Secure EU MiCA License From Dutch Regulator
Crypto entities Hidden Road, BitStaete, FinTech ZBD, and MoonPay, have received the highly desired MiCA license from the Dutch authority, a filing from December 30, 2024 revealed. MiCA…
Eric Nkando
Business · Bitcoin
MicroStrategy Plans $2 Billion Stock Offering For Bitcoin Acquisitions
MicroStrategy, already the largest corporate holder of Bitcoin, is planning a major move to deepen its cryptocurrency investment. The company is exploring a $2 billion perpetual preferred stock…
The Distributed Team
Crypto · Crypto Exchange
US Banking Regulator Warns On Crypto Banking, Memo Shows
The US banking sector’s turbulent relationship with cryptocurrency came under scrutiny once again as newly released documents shed light on the Federal Deposit Insurance Corporation’s (FDIC) supervisory approach.…
The Distributed Team
Crypto · European Union
Tether’s Potential Delisting In The EU Creates Market FUD
Tether (USDT) could delist from the EU’s exchanges due to rising regulatory pressures within the MiCA policies. These are strict licensing and transparency requirements imposed for stablecoin that…
Eric Nkando
Technology · Artificial Intelligence
Microsoft’s Latest Initiative Set To Train 1 Million People In AI
American tech company Microsoft has launched a new training initiative in Australia and New Zealand. This project will look to upskill 1 million people in Artificial Intelligence, helping…
Mainul Alam
Markets · Banking
U.S. Banks Sue Federal Reserve, Demanding Stress Test Reform
U.S. banks have launched a legal battle against the Federal Reserve, questioning the transparency and legitimacy of its annual stress testing program, Reuters reported Tuesday. The lawsuit, filed…
Eman Shaikh
Crypto · Anti-Money Laundering
Blockchain Association Sues IRS Over New Crypto Broker Reporting Rules
The U.S. cryptocurrency industry is waging a high-stakes legal battle against the IRS, citing concerns over privacy, innovation, and the future of decentralized finance (DeFi). The lawsuit, led…
The Distributed Team
Crypto · Bitcoin
Bitcoin and Ethereum Technical Analysis: BTC Retreats from Early-Week Highs and Holding Above Crucial 50-EMA support at $93,302, ETH Demands Correction Near $3,024 Before Pulling Up
Key Findings: BTC Technical Analysis Bitcoin Technical Analysis Bitcoin is changing hands around $97,000, giving back most of the gains made from its early-week rally. The largest cryptocurrency…
Md Ishtiaque Ahmed
Markets · Banking
Vanguard Agrees To FDIC Oversight of Bank Investment Practices
Vanguard agreed to a new deal with the US Federal Deposit Insurance Corporation (FDIC) to ensure its investments in large banks remain strictly passive. According to a report…
The Distributed Team
Markets · Banking
Federal Reserve To Make Bank Stress Tests More Transparent
The Federal Reserve is contemplating a significant overhaul of its annual bank stress testing framework, marking a potential victory for Wall Street institutions that have long pushed for…
Eman Shaikh
Crypto · Adoption
Trump Appoints Crypto Advocate Miran As Chair Of Council Of Economic Advisors
Stephen Miran, a former Treasury official, will chair the Council of Economic Advisors (CEA) after appointment by President-elect Donald Trump. Miran has been a strong crypto advocate, previously…
Eric Nkando
Crypto · FCA
Google Tightens Crypto Ad Rules, FCA Registration Now Mandatory In UK
Starting in January 2025, crypto advertisers in the United Kingdom will face stricter rules as Google updates its advertising policies. The new requirements are designed to align with…
The Distributed Team
Markets · Australia
Major Australian Banks Collaborate To Launch Anti-Scam Network
Five major Australian banks have collaborated with an Israeli startup to enhance fraud prevention. Through enhanced technology and cooperation, the lenders, Commonwealth Bank of Australia, National Australia Bank,…
The Distributed Team
Crypto · Adoption
SEC Approves Hashdex And Franklin’s Bitcoin-Ether ETFs
The U.S. Securities and Exchange Commission (SEC) has approved Bitcoin and Ether index exchange-traded funds (ETFs) from Hashdex and Franklin Templeton. Hashdex’s Nasdaq Crypto Index US ETF will…
Jeane Claude Vasquez
Business · Bitcoin
Hut 8 Exceeds $1B Bitcoin Holding With $100M Purchase
Hut 8, one of North America’s largest Bitcoin miners, has increased its Bitcoin reserves with a $100 million acquisition. The company purchased 990 BTC at an average price…
Jeane Claude Vasquez
Technology · Artificial Intelligence
Introducing Gemini 2.0: Google’s Most Capable Model That Can Power AI Agents
American tech company Google has released Gemini 2.0, the latest version of the company’s flagship AI model. Gemini 2.0 is reported to be Google’s strongest AI model. It…
Mainul Alam
Crypto · Crypto Exchange
Highly Anticipated Ripple Stablecoin RLUSD Launches On December 17
Ripple will launch its US dollar-backed stablecoin RLUSD on December 17. The launch follows the stablecoin’s “final approval” from the New York Department of Financial Services. The stablecoin…
Eric Nkando
Markets · Central Banks
Political Turmoil Clouds French Economic Growth, Bank Of France Reveals
The Bank of France has unveiled a tempered growth forecast, directly linking the nation’s economic challenges to ongoing political instability. The central bank’s quarterly outlook, released Monday, paints…
Eman Shaikh
Business · Bitcoin
MicroStrategy Joins Nasdaq-100 As Institutional Bitcoin Adoption Grows
Nasdaq-100 Index, which tracks the 100 largest non-financial companies on the Nasdaq Stock Market, will list Bitcoin-advocate MicroStrategy this month. Other firms joining it are Palantir Technologies and…
The Distributed Team
Markets · Banking
European Central Bank Cuts Rates By 0.25 Points, Cites Rising Risks To Eurozone Economy
European Central Bank (ECB) announced its fourth interest rate cut this year, aiming to boost a weakening economy. While inflation is nearing its 2% target, rising geopolitical and…
The Distributed Team
Business · Bitcoin
Riot Platforms Doubles Down On Bitcoin With $500 Million Purchase
Bitcoin mining giant Riot Platforms has expanded its crypto reserves, purchasing 5,117 BTC for $510 million. The acquisition follows Riot’s recent $525 million capital raise via a private…
Jeane Claude Vasquez
Crypto · Bitcoin
Bitcoin And Ethereum Technical Analysis: The $100K Psychological Resistance Turns Into Support For BTC, ETH Eyeing A Bullish Breakout Above $4K
Key Findings: BTC Technical Analysis Bitcoin Technical Analysis On Thursday, the bitcoin price fell 1.11% after failing to break through the daily barrier level of $101,110. It has…
Md Ishtiaque Ahmed
Crypto · Adoption
Vancouver Aims To Become ‘Bitcoin-Friendly’ With Mayor’s Bold Proposal
Vancouver’s city council has approved Mayor Ken Sim’s motion to explore making the city “bitcoin-friendly.” The plan involves investigating cryptocurrency integration into city financial strategies, including accepting Bitcoin…
Jeane Claude Vasquez
Markets · China
How China Plans To Reinvigorate Its Global Financial Presence
Chinese regulators are signaling a dramatic shift in their approach to offshore company listings, potentially marking the beginning of a new era of international financial engagement. According to…
Eman Shaikh
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