Nigeria plans nationwide AI and blockchain research centers
The research centers count as another step toward taking a leadership position in artificial intelligence (AI) development in Africa.
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Intercontinental Exchange CEO: Bakkt Will Launch Later This Year
The CEO of the Intercontinental Exchange (ICE) expects the firm’s digital asset platform Bakkt to launch later in 2019. The comment was made by ICE CEO Jeff Sprecher during an earnings call Thursday, Feb. 7.The call was dedicated to ICE’s financial results for Q4 and the full year of 2018. Sprecher explained that the company…

Crypto Contributes to Money Laundering Problems in Latin America, Report
Amid a major economic downturn, countries in Latin America (LATAM) are increasingly suffering from money laundering through cryptocurrencies, a new report says.Cryptocurrencies like Bitcoin (BTC) have become a major tool of organized crime groups and hackers in LATAM countries, according to a Feb. 27 report issued by threat intelligence firm IntSights.Titled “The Dark Side of…

Canary Capital launches Axelar Trust targeting institutional investors
Axelar is a Web3 interoperability network that lets developers tokenize real-world assets.

CBDCs only solution to ‘smooth continuation’ of the monetary system: ECB
The European Central Bank working paper sought to identify issues and consensus regarding CBDCs, as well as to identify gaps in the research — such as what users want. 243 Total views 34 Total shares The European Central Bank (ECB) says the introduction of digital cash in the form of central bank digital currencies (CBDCs) appears…

XRP price rally stalls near key level that last time triggered a 65% crash
XRP's ongoing upside retracement risks exhaustion as its price tests a resistance level with a history of triggering a 65% price crash.XRP price rebounds 30% XRP's price gained nearly 30%, rising to $0.36 on June 24, four days after rebounding from $0.28, its lowest level since January 2021. The token's retracement rally could extend to $0.41 next,…

Digital Currency Group spins out new crypto mining subsidiary
Despite spinning off Fortitude Mining, Foundry retains the largest Bitcoin mining pool with over 30% of the network’s hashrate.

New Indian Governmental Committee Favors Legalizing Cryptocurrencies, Media Reports
A governmental committee in India has reportedly suggested that cryptocurrencies be legalized in the country, English-language local media TheNewIndianExpress (TNIE) reported on Dec. 26.According to the article, an unnamed senior official who reportedly attended the panel’s meetings on cryptocurrencies stated:“There is a general consensus that cryptocurrency cannot be dismissed as completely illegal. It needs to…

Binance.US says user funds ‘remain safe’ amid SEC attempt to freeze assets
The U.S.-based exchange said it is “fully operational” and called the Securities and Exchange Commission’s motion “unwarranted.” 309 Total views 2 Total shares Crypto exchange Binance.US has attempted to quell possible unrest from its users following a motion from the United States securities regulator seeking to freeze its assets “on an expedited basis.”In a June…