Business

Telegram founder’s arrest slammed by darknet market fans
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28 August, 2024

Telegram founder’s arrest slammed by darknet market fans

Telegram Founder/CEO Pavel Durov was detained as part of a probe opened on July 8 against a “person unnamed” for...
Africa’s blockchain funding dips, but adoption unfazed
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28 August, 2024

Africa’s blockchain funding dips, but adoption unfazed

A Crypto Valley VC report showed blockchain is becoming more prominent for VCs in Africa, which Centbee’s Lorien Gamaroff attributes...
DBS bank completes pilot for government grants on blockchain
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28 August, 2024

DBS bank completes pilot for government grants on blockchain

DBS programmed the qualifying conditions to receive the grant into smart contracts on its permissioned blockchain, automatically triggering money transfers...
Beijing’s AIIB issues $300 million digital bond
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28 August, 2024

Beijing’s AIIB issues $300 million digital bond

AIIB's issuance taps Citi as the issuing agent, while BMO Capital Markets offers dealer services, leaning on their vast market...
Kraken loses bid to dismiss SEC suit, loses fight with Aussie securities regulator
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27 August, 2024

Kraken loses bid to dismiss SEC suit, loses fight with Aussie securities regulator

The next step in this long-running process between Kraken and the U.S. SEC is a case management conference on October...
IDC guide predicts worldwide AI spending to reach $632 billion by 2028
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27 August, 2024

IDC guide predicts worldwide AI spending to reach $632 billion by 2028

The IDC notes in its guide that the meteoric rise of generative AI systems over the last 24 months will...
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