Business

India’s CBDC pilot hits 1 million daily transactions amid controversy
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6 January, 2024

India’s CBDC pilot hits 1 million daily transactions amid controversy

Reserve Bank of India achieves a significant milestone as the digital rupee pilot surpasses 1 million daily transactions, but controversies...
Baidu’s AI Ernie bot reached 100M users in China in under 6 months
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6 January, 2024

Baidu’s AI Ernie bot reached 100M users in China in under 6 months

Designed as an alternative to OpenAI's ChatGPT, Ernie bot received praises from critics, surging to the top of the Chinese...
Nvidia and Jeff Bezos back Perplexity AI in $73.6M round
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5 January, 2024

Nvidia and Jeff Bezos back Perplexity AI in $73.6M round

The Perplexity AI's product gives users instant, direct responses to questions with complete sources and citations, a different model from...
OKX implements new rules under FCA’s latest guidelines for UK users
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5 January, 2024

OKX implements new rules under FCA’s latest guidelines for UK users

In compliance with the FCA's new order, OKX will test its retail customers to determine their eligibility to hold an...
Indonesia’s central bank eye CBDC trial for 2024
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5 January, 2024

Indonesia’s central bank eye CBDC trial for 2024

Bank Indonesia's plans for its central bank digital currency, the digital rupiah, will focus on wholesale interbank settlement using blockchain...
South Korea’s Wemade eyes Middle East for blockchain gaming expansion
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5 January, 2024

South Korea’s Wemade eyes Middle East for blockchain gaming expansion

Looking to make a mark in the Middle East's blockchain space, Wemade struck a partnership with Whampoa Digital for a...
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