Business

BIS envisions global ‘Finternet’ running on unified ledger technology
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18 April, 2024

BIS envisions global ‘Finternet’ running on unified ledger technology

In its paper, the Bank for International Settlements said a financial system running on a unified ledger could help foster...
Gate2Chain closes new financing led by Ayre Ventures; announces several enterprise clients using its B2B product suites
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18 April, 2024

Gate2Chain closes new financing led by Ayre Ventures; announces several enterprise clients using its B2B product suites

Gate2Chain has closed a new financing round led by Ayre Ventures and is building a global partner distribution network in...
No hallucination: Overall AI investment falls, generative AI funding soars
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18 April, 2024

No hallucination: Overall AI investment falls, generative AI funding soars

While tech giants are ramping up investments in training and developing AI models, it could take a while before they...
Study shows Australians value privacy over safety with CBDC
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18 April, 2024

Study shows Australians value privacy over safety with CBDC

A recent study found that Australians trust commercial banks as much as the central bank but are willing to pay...
Hong Kong still weighing whether retail CBDC benefits outweigh the risks
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18 April, 2024

Hong Kong still weighing whether retail CBDC benefits outweigh the risks

The HKMA chief executive says the central bank is still determining whether there is a real need for a retail...
PayPal removes user protection for NFT transactions
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17 April, 2024

PayPal removes user protection for NFT transactions

PayPal has withdrawn its protection for NFTs exceeding $10,000; those under $10,000 will be covered unless the buyer claims it’s...
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