Newsroom
Technology · Artificial Intelligence
On March 13, Google DeepMind announced the latest AI agent “SIMA” (Scalable Instructable Multiworld Agent) which can actively play games with you while following your commands. SIMA has…
Md. Subhan
Markets · CPI
U.S. stocks ended sharply higher on Tuesday after the Labor Department reported that the Consumer Price Index (CPI) rose 0.4% last month after climbing 0.3% in January. Year-on-year,…
Stanko Illiev
Crypto · Adoption
Cryptocurrency wallet MetaMask is reportedly testing entirely on-chain payment cards in partnership with Mastercard. The Mastercard-branded card would allow “users to spend their crypto” on daily purchases in…
Eric Nkando
Technology · Artificial Intelligence
Elon Musk, founder of X (formerly Twitter) and Tesla, has recently decided to make his AI chatbot open source. The chatbot designated Grok, was developed by Musk’s startup…
Mainul Alam
Markets · Banking
In the ever-evolving landscape of economics, where uncertainty reigns supreme, the Bank of England (BoE) finds itself at a pivotal juncture. Its forecasting models once heralded as beacons…
Eman Shaikh
Crypto · Binance
An appeals court decision has reignited the legal battle between investors and Binance. The ruling overturns a previous dismissal of a class action lawsuit, providing investors with a…
The Distributed Team
Crypto · Bitcoin
Key Findings: BTC Technical Analysis Bitcoin Technical Analysis – BTC Daily Chart Bitcoin’s (BTC) price soared north on Friday at about 15:30 GMT, surpassing its previous high of…
Md Ishtiaque Ahmed
Markets · Banking
Nationwide is planning to acquire Virgin Money for 2.9 billion pounds, potentially marking the end of an era for Richard Branson’s brainchild. The proposed takeover, subject to conditions,…
The Distributed Team
Markets · U.S. Stocks
US stocks extended losses on Tuesday after the data showed that the ISM Services PMI in the United States decreased to 52.6 points in February from 53.4 points…
Stanko Illiev
Crypto · Binance
The Nigerian government wants Binance CEO Richard Teng to appear before its officials to answer queries about its operations in the country. In particular, Nigeria wants answers on…
Eric Nkando
Technology · Anthropic
American start-up AI company Anthropic has launched its latest generation of proprietary AI models called Claude 3. These models are set to rival industry giants such as Google’s…
Mainul Alam
Crypto · Digital Assets
The landscape of cryptocurrency regulation is facing a significant shift in the United Kingdom as law enforcement agencies prepare to impose restrictions on crypto assets involved in criminal…
The Distributed Team
Crypto · Bitcoin
Key Findings: BTC Technical Analysis Bitcoin Technical Analysis – BTC Daily Price Chart A multi-year supply zone has rejected the Bitcoin (BTC) price, but this correction is healthy,…
Md Ishtiaque Ahmed
Crypto · Adoption
Bank of America’s Merrill Lynch and Wells Fargo have introduced spot Bitcoin exchange-traded funds (ETFs) to eligible wealth management clients, according to a report by Reuters. This development…
The Distributed Team
Markets · Federal Reserve
Wall Street’s main indexes opened mixed on Tuesday as investors wait for a crucial inflation report that could influence the decision for interest rate cuts from the Federal…
Stanko Illiev
Crypto · Japan
Users of Hong Kong-based cryptocurrency exchange BitForex are reportedly experiencing withdrawal issues. The exchange has not given reasons for stopping the withdrawals, and its team is unresponsive to…
Eric Nkando
Technology · Artificial Intelligence
American tech giant Google has recently unveiled Gemma, a “family of lightweight, state-of-the-art open models”. The models were developed by Google DeepMind with the help of multiple teams at…
Mainul Alam
Markets · Banking
In a strategic move shaking up the financial landscape, Citigroup has secured Viswas Raghavan, formerly of JPMorgan Chase, as its new Head of Banking. This decision has set…
Eman Shaikh
Crypto · Crypto Markets
This week, Goldman Sachs analysts adjusted their year-end S&P 500 index target upward to 5,200 points from the previous 5,100. The revised target represents approximately a 4.5% increase…
Stanko Illiev
Crypto · Bankrupt
Bankrupt crypto exchange FTX has settled a lawsuit involving its failed European expansion, agreeing to pay $33 million instead of the initially sought $323 million, Reuters reported. FTX…
The Distributed Team
Crypto · Anti-Money Laundering
A US judge has accepted Binance’s guilty plea and the staggering $4.3 billion penalty for violating federal anti-money laundering and sanctions laws. The plea followed years of scrutiny…
The Distributed Team
Crypto · Bitcoin
Key Findings: BTC Technical Analysis Bitcoin Technical Analysis – BTC Daily Price Charts The market is gradually tilting lower as the bitcoin price continues its horizontal consolidation. The…
Md Ishtiaque Ahmed
Markets · Banking
In the complex world of finance, even the slightest tremor can send ripples of concern through the market. Such was the case when New York Community Bancorp (NYCB)…
Eman Shaikh
Technology · Artificial Intelligence
OpenAI, the makers of ChatGPT, has recently revealed their proprietary text-to-video generator called Sora. The AI model can create 1 minute long videos “while maintaining visual quality and…
Mainul Alam
Crypto · Digital Assets
Japan’s capital firms and investment funds could soon start holding crypto assets in their portfolio. This came after the cabinet approved a bill that proposed amendments to Japan’s…
Eric Nkando
