The United Kingdom’s Financial Conduct Authority has said it will not object to requests by recognised investment exchanges to launch crypto-backed exchange-traded notes. The exchange-traded notes will only be made available to professional investors such as regulated investment firms.
ETNs Must Adhere to UK Listing Requirements
The Financial Conduct Authority (FCA), the watchdog for the…
Donald Trump Calls BTC 'an Additional Form of Currency' — Says 'I Sometimes Will Let People Pay Through Bitcoin'
March 12, 2024
Former U.S. President Donald Trump says bitcoin is an “additional form of currency,” emphasizing that the crypto has taken on a life of its own. He also lets people pay for his merchandise with cryptocurrencies. “There has been a lot of use of that, and I’m not sure…
Solana Co-Founder Anatoly Yakovenko Thinks Crypto Has a Shot at Disrupting the App Store Duopoly
March 12, 2024
Anatoly Yakovenko, co-founder of Solana Labs, believes that crypto can have a shot at disrupting Google’s and Apple’s app store duopoly. He criticized the state of the software distribution on mobile devices, lamenting that the two stores collected over 30% of all…
It makes a lot of sense to put AI as far out on the edge of the network as possible, as it can solve problems for people like first responders and reduce the amount of useless storage sent to the cloud.
Lenovo demonstrated a bunch of these solutions at the recent Mobile World Congress 24 show in Barcelona, Spain. The big company unveiled its “AI for All” vision with telco customer solutions…
Insilico Medicine, the Hong Kong and New York-based biotech startup that has raised over $400 million to connect biology, chemistry, and clinical trial analysis using next-generation AI systems, announced a new paper today that highlights the journey of what it claims is the…
AI has emerged as a focal point of discourse and, at times, vigorous debate. The underlying concerns are not unfounded. Its infusion into nearly every sphere of work and lifestyle has touched the core of human existence. The technology, while propelling a surge of…
As other players in the electric commercial space push for ever-bigger batteries and faster charge timers, Freightliner is going the other way. It’s a bold move, and one that could pay off.
Freightliner parent company Daimler says customer input and data helped drive development of the new FCCC MT50e model unveiled at Work Truck Week. That data, combined with input from utility companies and…
The hidden costs of using an electric bike
March 11, 2024
Whether you love them or hate them, electric bikes are becoming increasingly popular on streets and trails around the US. First embraced across Asia before rolling their way across Europe for the last decade, e-bikes are now surging in popularity in North America.
But while…
Bitcoin Mega Whale Resurfaces, JPMorgan Expects BTC Price to Drop, Bitcoin Cash Soars 40%, and More
March 11, 2024
A significant bitcoin “mega whale” moved 3,000 vintage bitcoins from 2010 as BTC peaked at $69,210. JPMorgan predicted a post-halving drop in bitcoin’s price to $42,000, citing current euphoria levels. Meanwhile, bitcoin cash experienced a 40% surge in anticipation of…
Scott Melker, also known as the “Wolf of All Streets,” believes that we are at the start of a major bull run for both bitcoin and the broader crypto market. “We will likely see a huge bubble and that coins with no fundamental value will also skyrocket before it inevitably pops,” he warned, adding that he sees “incredible froth, exuberance, and people speaking with absolute certainty…
