Business

Saudi Arabia, UAE compete to buy Nvidia’s chip as global AI race heats up
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19 August, 2023

Saudi Arabia, UAE compete to buy Nvidia’s chip as global AI race heats up

Saudi Arabia and the United Arab Emirates are investing millions in the AI race purchasing breakthrough chips to build advanced...
Canada to create central repository for seized NFTs, digital currencies
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19 August, 2023

Canada to create central repository for seized NFTs, digital currencies

Canada's RCMP plans to launch a central repository to store seized digital assets with features like processing transactions from various...
Sotheby’s faces lawsuit over alleged misleading, price manipulation of BAYC NFT sales
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18 August, 2023

Sotheby’s faces lawsuit over alleged misleading, price manipulation of BAYC NFT sales

Sotheby's is caught in a legal storm as a group of investors files a class-action suit due to allegations of...
FBI seizes $1.7M in illicit ‘crypto’ proceeds as Binance leads in seizures
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18 August, 2023

FBI seizes $1.7M in illicit ‘crypto’ proceeds as Binance leads in seizures

The FBI seized close to $400,000 in BTC and USDT from Binance accounts in May alone as it steps up...
SEC v Ripple: Court grants regulator’s request to appeal in Ripple case
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18 August, 2023

SEC v Ripple: Court grants regulator’s request to appeal in Ripple case

Both the SEC and Ripple will have a chance to argue whether the finance regulator is entitled to file an...
Monetary Authority of Singapore finalizes regulatory framework for stablecoins
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18 August, 2023

Monetary Authority of Singapore finalizes regulatory framework for stablecoins

Singapore's central bank announced a new regulatory framework for stablecoins that seeks to "ensure a high degree of value stability...