Business

DCG’s Barry Silbert shorted Tether, pitched Winklevii on merging Genesis, Gemini
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11 March, 2024

DCG’s Barry Silbert shorted Tether, pitched Winklevii on merging Genesis, Gemini

The proposed Gemini-Genesis-Digital Currency Group partnership would rival Coinbase and FTX, but Barry Silbert backpedaled with the suggested merger, citing...
Indian pilgrims get NFT collectible option
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11 March, 2024

Indian pilgrims get NFT collectible option

India is utilizing NFTs beyond gaming, leveraging the tokens to improve its ticketing and tourism services, digital art and music,...
Bahamas’ Sand Dollar attracted 0.5% of cash in circulation 3 years on: official
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11 March, 2024

Bahamas’ Sand Dollar attracted 0.5% of cash in circulation 3 years on: official

Bahamians have been willing to explore the CBDC, with 120,000 of the island’s 400,000 opening accounts, but they have only...
HSBC HK targets tokenization offerings in new diversification drive
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10 March, 2024

HSBC HK targets tokenization offerings in new diversification drive

As it moves to fully embrace emerging technologies, HSBC Hong Kong plans to offer tokenized assets to its wealth management...
Alibaba e-commerce platforms add AI to boost sales, enhance content creation
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10 March, 2024

Alibaba e-commerce platforms add AI to boost sales, enhance content creation

While early users lauded Alibaba's latest artificial intelligence tools, several merchants have reservations due to the lack of studies on...
BRICS eye stifling US dollar influence with blockchain-based payment system
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9 March, 2024

BRICS eye stifling US dollar influence with blockchain-based payment system

Russia is reportedly banking on the planned blockchain-based payment system to reduce the U.S. dollar's global influence, seeking help from...
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