BoE fintech head says crypto doesn’t ‘fulfill any of the functions of money’
At a recent event, Tom Mutton, the Bank of England’s head of fintech, touted the privacy benefits of CBDCs while...
Day: 10 May 2023
5 ways AI is helping to improve customer service in e-commerce
AI is transforming e-commerce customer service through chatbots, personalized recommendations, voice assistants, fraud detection and image recognition. Artificial intelligence (AI)...
Bear market pushes crypto events to cut fluff, prioritize discourse
“Huge DJs” no longer appear at crypto events, instead, attendees are seeing more “well thought out, intelligent questions” being asked....
Epic CEO mocks ‘metaverse is dead’ notion — 600M coming to the ‘wake’
Epic Games CEO Tim Sweeney made fun of a recent Business Insider article suggesting the Metaverse had run its course....
Grayscale expands ETF business, puts forward 3 new crypto funds
The new funds would invest in a wide range of different crypto-related assets including Bitcoin miners and privacy tech. Three...
Marathon Digital announces immersion crypto mining operations in Abu Dhabi
The mining firm expects the two facilities to be online by 2024 and produce a combined hash rate of roughly...
Reasons for Cryptocurrencies to Be Adopted by Online Businesses
While it’s true that cryptocurrencies are far from perfect and still face many challenges, they have gained considerable popularity over...
What Is Financial Independence, and How Can You Achieve It
Some people think that living on your own is already enough for financial independence, while others believe that to achieve...
Bitcoin Bearish Warning After Meme Coin Frenzy, FLOKI, PEPE, STX, May. 8
BTC Bitcoin has been the subject of bearish warnings after a surge in meme coin trading volumes to two-year highs....
Lawmaker Warns US Default Risks Dollar’s Reserve Currency Status, Exploitation by China and Russia
The top Democrat on the House Intelligence Committee has warned that China and Russia would seek to exploit the chaos...
Dave Ramsey Dismisses De-Dollarization Concerns — Says BRICS Currency, Chinese Yuan Can’t Take Down US Dollar
Personal finance expert and best-selling author Dave Ramsey has dismissed de-dollarization concerns and the prospects of a BRICS currency, the...
President Raisi Calls on Central Bank of Iran to Ditch US Dollar in Trade, Shift to National Currencies
Iranian president Ebrahim Raisi has called on the Central Bank of Iran to lay the groundwork necessary to ditch the...
Worldcoin Launches World App to Bolster Decentralized Identity and Finance for Mass Adoption
Worldcoin, the project supported by Openai CEO Sam Altman, has launched the World App to complement the release of World...
Bitcoin Price Prediction for Today, May 9: BTC/USD Threatens $27,000 Support; Price Slides Below $27,500
The Bitcoin price prediction reveals that BTC continues to head to the downside as its price moves below $27,500 to...
Bitcoin Price Drops to $27,600 – What Can Launch a New Upsurge?
Crypto’s poster child, Bitcoin, is still experiencing a downward trend. The digital asset has slipped below the $28,000 price peg...