CryptoNews

BNY Mellon Engages With Banking Regulators to Offer Crypto Custody Services 'at Scale'

September 27, 2024
BNY Mellon, one of the world’s largest custodian banks, is seeking to offer custody services for bitcoin and ether to exchange-traded product (ETP) clients. The bank is also eyeing large-scale growth in the crypto space, with plans to seek more regulatory approvals to capitalize on the lucrative crypto custody market. BNY Mellon Pushes Forward With Bitcoin and Ether Custody for ETP Clients Bank…
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CryptoNews

Paypal Rolls Out Crypto Features for Business Accounts

September 27, 2024
Paypal has unveiled a new feature allowing U.S. merchants to buy, hold, and sell cryptocurrency from their business accounts. Although not yet available in New York, this move caters to increasing demand from businesses. Paypal has steadily ramped up its involvement in…
CryptoNews

Turkey Scraps Planned Crypto Tax, Targets Economic Reforms

September 27, 2024
Turkey has decided not to move forward with a new tax targeting stock market and cryptocurrency gains, according to Vice President Cevdet Yilmaz. While previously discussed, the plan has been dropped, with the government focusing instead on reducing tax exemptions. This…
AI & RoboticsNews

From cost center to competitive edge: The strategic value of custom AI Infrastructure

September 27, 2024
AI is no longer just a buzzword — it’s a business imperative. As enterprises across industries continue to adopt AI, the conversation around AI infrastructure has evolved dramatically. Once viewed as a necessary but costly investment, custom AI infrastructure is now seen as a strategic asset that can provide a critical competitive edge. Mike Gualtieri, vice president and principal analyst at…
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Cleantech & EV'sNews

Riding my Pinus: Rattan's new awkwardly-named e-bike is a lot of fun!

September 25, 2024
There’s no real beating around the bush here; the Rattan Pinus is one borrowed vowel away from the king of all middle-school humor. But trying to put that aside for just a few moments, the bike itself is actually a really fun ride and pretty darn decent, too. It’s definitely far from a premium-level e-bike, but it’s interesting as a modest budget option! Sure, funny name aside, there’s…
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Cleantech & EV'sNews

E-quipment highlight: Unic UM325 electric spider crane

September 25, 2024
The Furukawa Unic corporation expanded its line of pop-up “spider” cranes earlier this year with the launch of the battery-powered UM325 electric spider crane – and it looks every bit like it’s ready to be cast in a Michael Bay Transformers movie. Developed with the…
CryptoNews

Blackrock's Head of Crypto Sees Bitcoin as 'Risk Off' Asset Despite Stock Correlation

September 25, 2024
Blackrock’s digital asset chief sees bitcoin as a “risk-off” asset even though it has shown a pattern aligned with U.S. stocks. He drew parallels between bitcoin and gold, pointing to its decentralized structure and limited supply as crucial factors setting it apart. Blackrock’s increasing engagement with bitcoin is also reflected in the strong performance of its spot bitcoin…
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