Singapore Allocates $74.3M to Enhance AI and Quantum Computing in Finance
The Monetary Authority of Singapore announced injections of $74.36 million to fund initiatives to enhance quantum computing and AI integration within the finance sector. The allocation seeks to
Market Maker Flowdesk Bet to Scale US Presence Pays Off
Flowdesk chief executive hails contrarian bet to expand during crypto winter as market maker gains in improving US crypto environment. Flowdesk CEO Guilhem Chaumont hails the conviction to
Supreme Court Abolishes ‘Chevron Deference,’ Reversal to Benefit Crypto
The Supreme Court overturned a 40-year-old doctrine in a move that legal experts consider to embolden the embattled crypto firms. The crypto space portrayed a quick celebration on
US SEC Halts Ethereum Investigation, Likely Avoiding ‘Embarrassing’ Court Case
The US SEC has announced a move to officially halt the investigations to ascertain whether Ether (ETH) is a security. The move to terminate the investigation prompts the
A Detailed Guide on Long and Short Positions
A long position refers to a strategy where a trader or investor buys an asset like stocks, believing its price will rise. Long positions can benefit investors by
A Beginner’s Guide to Understand Toncoin and How to Purchase It
Toncoin (TON) utilizes advanced blockchain technology to ensure anonymity and efficacy while permitting secure and fast transactions. It is The Open Network’s native coin. TON powers The Open
Kaiko Predicts Ethereum Bull Run Inevitable Following Spot ETH ETF Approvals
Market analyst firm Kaiko predicts that Ethereum bull is inevitable in the long-term growth despite potential downward pressure from the Grayscale sell-off. Kaiko acknowledged that Ether (ETH) has
European Union Countries Support ‘Europeum’ Blockchain Project to Attain Autonomy from American Technology
Officials from ten European Union (EU) countries agreed to support Europeum blockchain projects that guarantee independence from American technology. The official considers that developing a Europeum blockchain will
Hong Kong Orders Worldcoin to Cease Operations Citing Privacy Concerns
Hong Kong regulators on Wednesday, May 22, directed Worldcoin to cease operating, citing privacy concerns. The regulator indicated that the eye-scanning Orbs operators could tap the data to
Hong Kong Unveils Digital Yuan Pilot Restricted to Cross-border Transactions
Hong Kong has unveiled a pilot program for the Central Bank Digital Currency (CBDC), which allows residents to sign up for the digital yuan wallet using their phone