National Bank of Bahrain rolls out its first Bitcoin investment fund
The Bitcoin investment fund is designed for institutional investors and will offer exposure to BTC gains capped at a predefined threshold, with 100% loss protection on the downside.
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Russia’s Gazprombank recommends slow CBDC rollout fearing loss of income
Gazprombank, a subsidiary of a state-owned energy corporation, which participates in Russia’s CBDC initiative, fears losing a part of its income as the digital ruble replaces traditional fiat currency. 210 Total views 3 Total shares Own this piece of history Collect this article as an NFTGazprombank, a subsidiary of the leading Russian government-owned gas company,…

Nvidia introduces AI supercomputer to create ChatGPT successors
The company behind the world’s most powerful chip for developing AI tools revealed more AI-powered products including an AI supercomputer platform. 147 Total views 1 Total shares Nvidia continues to push forward in the race to develop artificial intelligence (AI) tools and applications, as the company revealed plans to release more AI products. Speaking at the Computex show…

Philanthropy: A missing catalyst of blockchain adoption
When most people imagine the problems solved and industries disrupted by blockchain technology, the typical use cases come to mind: global currency, store of value and even a way to track goods on an immutable ledger.A good starting point in understanding what drives the adoption of new technology is to take a deeper look at…

UK cryptocurrency scams jump 23%, young investors prime targets: Lloyds Bank
According to the bank, potential cryptocurrency investors usually make an average of three payments before recognizing they’ve fallen victim to a scam. 204 Total views 13 Total shares One of the Big Four banks in the U.K., Lloyds Bank, has said that reports of cryptocurrency investment scams by victims have surged by 23% in the

Bitcoin’s Twitter-volume spikes to new all-time highs on Elon pump
Elon Musk has pushed Bitcoin’s social sentiment into new highs on Twitter. 621 Total views 7 Total shares Social media activity for Bitcoin is at an all-time high following a massive endorsement from Tesla CEO, Elon Musk.Speaking to Cointelegraph, co-founder and CEO of crypto data provider The TIE, Joshua Frank, noted there have been 143,000…

Genius Yield raises $118M via ISPO in first 48 hours
The initial stake pool offering has seen significant uptake, with one of the four GENS pools being nearly fully committed in just two days. 426 Total views 12 Total shares On Dec. 15, Genius Yield, a decentralized automated market maker and liquidity management protocol built on the Cardano (ADA) blockchain, announced the launch of its…

Malaysia’s Watchdog Orders Immediate Stop to Beauty Guru Lavidacoin Promotion
The Securities Commission (SC) of Malaysia has ordered an immediate halt to all promotional activities for the recently-launched Lavidacoin (LVC) pending further review, according to a September 5 notice on the SC’s website.According to local news outlet The Star, Lavidacoin was created by Malaysian cosmetics mogul and beauty guru Datuk Seri Hasmiza Othman, aka Dato’…

Bitcoin price suddenly drops 11% as whales move BTC to exchanges
A Bitcoin price correction to $17,250 fulfills analysts' expectations as $20,000 all-time highs prove difficult to overcome. 3250 Total views 20 Total shares Bitcoin (BTC) dropped $1,000 in minutes on Nov. 26 as a long-awaited pullback hit the market at close to $19,500.BTC price hits $17,250 lowsData from Cointelegraph Markets and TradingView showed BTC/USD experiencing…