Peru adopts India's UPI system to boost financial inclusion

The business data analytics firm has been investing in BTC since August 2020. 2735 Total views 9 Total shares Michael Saylor, CEO of enterprise data analytics company MicroStrategy, announced Monday via a Twitter post and company filing that the firm purchased an additional 7,002 Bitcoin (BTC), worth approximately $414.4 million, at an average price of $59,187…

The disgraced banker of last resort has been displaying odd behavior on Twitter, leading to speculation about his intentions and mental condition. 345 Total views 2 Total shares Sam Bankman-Fried, the former CEO of bankrupt cryptocurrency exchange FTX, has concluded a Twitter thread he started Nov. 14. In approximately 40 hours, he spelled out “What…

At least three of Facebook’s early backers for its planned Libra stablecoin launch are considering withdrawing their support in light of the fierce regulatory pushback.A report from the Financial Times on Aug. 23 alleges that two founding partners of Facebook’s Libra Association have held discussions about what their “right next steps” should be. One further —…

A pair of researchers from ETH Zurich, in Switzerland, have developed a method by which, theoretically, any artificial intelligence (AI) model that relies on human feedback, including the most popular large language models (LLMs), could potentially be jailbroken.Jailbreaking is a colloquial term for bypassing a device or system’s intended security protections. It’s most commonly used

It was just a few years ago that enterprises began showing interest in using blockchain as a technology to bring trust, transparency and better collaboration to multiple entities sharing sensitive business data. Yet as the blockchain space has matured, more companies have started to view blockchain less as a technology and more as an important…

With the Trade Ministry officially approving the use of cryptocurrencies for foreign trade, Iran will become the first-of-a-kind adopter in the world. The obvious problem with the news is that the country’s innovative policy obviously aims at circumventing financial sanctions that have been hampering its participation in the global economy for many years. These circumstances set…

Multinational holding conglomerate Berkshire Hathaway – which counts outspoken crypto critic Warren Buffett as its CEO and chairman – has invested around $600 million in two fintech payment firms focused on emerging markets, the Wall Street Journal (WSJ) reported Oct. 29.Both investments are said to have been spearheaded by one of Berkshire’s two portfolio managers,…

The price of Bitcoin (BTC) plummeted by 14% from $10,180 to $8,600 on BitMEX within less than 15 minutes.Three major factors that caused the price drop were: long contracts accounting for the overwhelming majority of the Bitcoin market, BTC reacting to a multiyear resistance at $10,500 and whales dumping.BTC/USDT four-hour chart. Source: TradingViewBitcoin was overdue…