Perplexity AI’s ad integration plan draws shock, mockery: ‘This company is toast’

According to its Q3 2019 shareholder letter, Square’s Cash App reported many new first-time Bitcoin (BTC) buyers, but low profits related to its Bitcoin business.On Nov. 6, payment processing giant Square issued a letter to shareholders outlining Q3 2019 financial figures, in which it disclosed that the total net revenue for its Cash App was…

Blockchain has received fresh endorsement from China in the form of a development pact with the de facto central bank of Hong Kong. In a news post on Nov. 6, the Hong Kong Monetary Authority (HKMA) confirmed it had signed a Memorandum of Understanding (MoU) with a subsidiary of the People’s Bank of China (PBoC).Central banks…

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Bitcoin (BTC) price could face fresh volatility if Craig Wright's giant $2 billion tax bill comes from dumping 200,000 coins on the market.Wright, who faced the law after allegations he stole $10 billion from former business partner Dave Kleiman, must now pay his widow Ira half of that sum, or 500,000 BTC.The payout, ordered by Magistrate…

The famous economist has warned that western nations risk losing out to China in the emerging digital economy if they continue to be dismissive of crypto. 305 Total views 89 Total shares Mohamed El-Erian, chief economic advisor at Allianz, has called for greater cooperation between western governments and crypto businesses to better leverage the benefits…

Singapore is aggressively pursuing policies that will help the cryptocurrency sector grow. 677 Total views 25 Total shares The regulation of cryptocurrencies varies considerably across the globe: China has cracked down on significant amounts of crypto activity in recent months, while Japan only recently allowed specialized cryptocurrency investment funds. El Salvador, on the other hand,…

Silicon Valley Bank (SVB) boasted over $200 billion in assets and was a lifeline for crypto companies.Notably, it was one of the few institutions offering services to crypto companies in the United States as other banks shied away from the sector, fearing risk and the possibility of a sudden regulatory crackdown. The downfall of SVB,…

Bitcoin SV joins the hard fork in posting dismal price performance as the dust settles on the Terra UST debacle. 681 Total views 9 Total shares Bitcoin (BTC) bounced back from ten-month lows on May 11 as the start of Wall Street trading gave bulls some relief.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewOne day, $860…

The company will provide an AI toolset for game developers to improve scripts, dialogue trees and quests inside games. 286 Total views 13 Total shares Gaming console Xbox is tapping into artificial intelligence (AI) with a new partnership intending to boost game creators by integrating generative AI into its game creation toolkits. In a blog post