Microsoft pours $2.2 billion into Malaysia for cloud and AI expansion

Nonfungible tokens (NFTs) have seen a stratospheric surge in popularity accompanied by sky-high values, giving rise to legitimate and ongoing worries about a market bubble, as many projects lacked real-world application or utility.NFT utility is an essential component because it adds value and functionality to the technology. One of the most well-known use cases for…

The bond yields across most developed economies have dropped sharply since the central banks unleashed a slew of measures to counter the economic crisis caused by the COVID-19 pandemic.This could pose a challenge to the institutional investors who rely on the traditional 60/40 portfolio allocation between equities and fixed income instruments. This week Fidelity Digital Assets…

The Prime Minister of India, Narendra Modi, has endorsed blockchain as an ‘opportunity in frontier technology’, renewing hopes that the country is warming to cryptocurrencies.In a keynote address at the India Ideas Summit, hosted by the US-India Business Council on Wednesday, India’s Prime Minister Narendra Modi pitched the country as a haven for multinational investors. Big…

The reasons ranged from cannibalizing their own businesses to releasing potentially inferior products.

Bitcoin-cautious Germany has seen its first bank demand that ordinary savers pay it to hold their money — even as little as €1.According to multiple local press outlets including the Süddeutsche Zeitung on Nov. 19, the Volksbank Raiffeisenbank Fürstenfeldbruck (VRF) in Northern Bavaria is now charging 0.5% negative interest rates on the smallest deposits.Bank on…

Crypto entrepreneur and regular contributor to CNBC, Brian Kelly, claimed that there is no chance for a Bitcoin (BTC) exchange-traded fund (ETF) approval in 2019. Kelly made his remarks in an interview with Cointelegraph at the Crypto Finance Conference, Switzerland, Jan. 18.Discussing the overall state of the cryptocurrency market, Kelly predicted that 2019 will turn…

On Nov. 15, several altcoins continued to show strength alongside Bitcoin (BTC), which notched an intra-day high at $37,400. Leading into the week, DYDX, Solana’s SOL (SOL) and Avalanche’s AVAX (AVAX) currently reflect double-digit gains, with each chasing after new year-to-date highs. The sustained bullish price action from altcoins has led some analysts to declare the

In our latest video report, Cointelegraph addresses the systemic risk posed by stablecoins. 989 Total views 11 Total shares In Cointelegraph's latest video report, we discussed the systemic risks posed by stablecoins to the stability of both crypto and traditional markets. Stablecoins have become the backbone of the crypto ecosystem, as they play a crucial role…

Major crypto exchange Binance has added support for multiple decentralized exchanges (DEX) to its Trust Wallet by integrating the Kyber Network protocol. The development was revealed in an official announcement shared with Cointelegraph on July 24.As previously reported, Binance acquired Trust Wallet — an open-source, decentralized wallet that initially offered native support for Ether (ETH) and…