Nvidia Q2 revenue beats expectations in record-setting boost to AI sector
The company expects next quarter to be even better with improvement projected across nearly every vertical.
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Drawbacks of centralization: Moscow Stock Exchange remains offline amid ongoing Russo-Ukrainian war
The closing of the exchange, along with a plunging ruble, may have a devastating impact on the lives of ordinary Russian citizens. 196 Total views 15 Total shares As reported by local news outlet tass.ru, the Central Bank of Russia once again suspended trading on the nation's leading Moscow Stock Exchange (MOEX) on Wednesday, and…
Num Finance launches Colombian peso stablecoin on Polygon
Num Finance received $1.5 million in a pre-seed funding round in May and is now issuing stablecoins in the local currencies of Argentina, Peru and Colombia. 79 Total views 2 Total shares Argentina-based Num Finance has announced it has gone live with a n stablecoin pegged to the Colombian peso, the company announced Aug. 24…
Mercedes Parent Firm is Building a Crypto Hardware Wallet for Cars
Daimler, the German multinational corporation behind the Mercedes-Benz brand, partnered with European blockchain interface solutions startup Riddle & Code to provide an open car hardware wallet solution, the startup announced in a press release published on July 22.‘Turn automobiles into future market places’Per the release, car wallets have a wide variety of use cases, such…
VeChain Thor mainnet reaches 10 million blocks milestone with no downtime
Supply chain platform VeChain has reached a milestone in terms of uptime and processed blocks on the VeChain Thor mainnet.The VeChain Foundation posted the achievement on its Twitter feed on Sept. 1, adding that it was “a major milestone that is testament to our public blockchain's scalability, security, and rock-solid stability.”The VeChain Thor network has…
SEC delays set deadline for Bitcoin ETF approval to early 2024
The United States Securities and Exchange Commission (SEC) — the financial regulator with the final say over allowing a spot cryptocurrency exchange-traded fund (ETF) — may be moving closer to giving the investment vehicle the green light after several years of applications.In June, the world’s largest asset management firm, BlackRock, added its application to the bundle…
As Brazil’s Economy Risks Recession, Regulators and Banks Implement Blockchain
Brazil’s weak economic growth and inflationary pressure have led to more than 13 million Brazilians currently out of work. The unemployment rate currently stands at 12.5%. While the country runs the risk of recession, cryptocurrency’s low barrier for entry and promise of large returns appeal to Brazilians. Bruno Peroni, chief sales officer at Atlas Quantum,…
India must revolutionize its digital media industry with blockchain
India has more than 65% of ut population below the age of 35, with the average age nationwide being 29 years old. Additionally, out of India’s 1.3 billion people, only half currently use mobile phones, and less than half of this number are smartphones.Even though India is one of the world’s most populated countries, internet usage…
5 NFT-based blockchain games that could soar in 2022
After the popularity of DeFi, came the rise of nonfungible tokens (NFTs) and to the surprise of many, NFTs took the spotlight and remain front and center with the highest volume in sales, occuring at the start of January 2022. Growing number of unique NFT buyers on Ethereum Source: Delphi DigitalWhile 2021 became the year of…