Business

Thodex exchange founder sentenced to 7 months imprisonment over failure to submit tax documents
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23 July, 2023

Thodex exchange founder sentenced to 7 months imprisonment over failure to submit tax documents

Faruk Fatih Özer said he couldn’t access the documents as Thodex was under a trustee, but the judge rejected the...
Meta teams up with Microsoft for generative AI platform commercial release
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23 July, 2023

Meta teams up with Microsoft for generative AI platform commercial release

Meta says that its decision to make its generative artificial intelligence tool Llama 2 open-source aligns with the goals of...
Nigeria’s central bank upgrades eNaira with NFC, programmability features
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22 July, 2023

Nigeria’s central bank upgrades eNaira with NFC, programmability features

Joseph Angaye, deputy director of the Central Bank of Nigeria’s risk management department, disclosed that the CBN will continue to...
KPMG invests $2 billion in AI, strikes partnership with Microsoft
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22 July, 2023

KPMG invests $2 billion in AI, strikes partnership with Microsoft

KPMG's $2 billion investment is expected to generate up to $12 billion in growth opportunity as the firm banks on...
FCA pushes for stricter digital currency promotions with new rules for social media ads
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22 July, 2023

FCA pushes for stricter digital currency promotions with new rules for social media ads

The Financial Conduct Authority has received the nod from Parliament to regulate digital currency promotions following the approval of the...
Chinese police expose $54M money laundering scheme involving USDT
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22 July, 2023

Chinese police expose $54M money laundering scheme involving USDT

A total of 21 suspects were arrested, with Chinese authorities seizing 40 mobile phones and nearly $30,000. All 21 individuals...
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