Saudi Arabia partners with tech giants in $14.9B AI expansion

Today United States prosecutors announced the arrest of Virgil Griffith, who allegedly traveled to the Democratic People’s Republic of Korea (DPRK) to deliver a presentation on how to use cryptocurrencies and blockchain technology to circumvent sanctions.According to the November 29 announcement, the 36-year-old Griffith was arrested at the Los Angeles International Airport, and will be…

Only one seat currently remains vacant out of the panel of five SEC commissioners, but Allison Lee is expected to depart when her term expires in June. 345 Total views 12 Total shares United States President Joe Biden is reportedly planning to nominate two commissioners with different political party affiliations to the Securities and Exchange…

PacWest shares crashed 27% before recovering on a rescue acquisition by the smaller Banc of California. 118 Total views 1 Total shares Shares in PacWest bank flash crashed by 27% on July 25 only to quickly recover in after-hours trading on the news it had merged with the Banc of California.PacWest Bancorp (PACW) stock slumped…

Disney’s CEO said the company doesn’t tend to use the word metaverse, as it believes it’s a very broad term. 92 Total views 2 Total shares During a Wall Street Journal event, Microsoft gaming chief Phil Spencer and Snap CEO Evan Spiegel revealed that they are not big fans of the metaverse in its current…

Mike Novogratz, an ex-Goldman Sachs partner and founder of crypto merchant bank Galaxy Digital, said that he does not expect the Bitcoin (BTC) price to decline much further in an interview published by Bloomberg on Dec. 18.Speaking on Bloomberg Television, Novogratz opined that there will not be much further decline in the Bitcoin price, despite…

In Cointelegraph Markets Pro’s latest VORTECS™ Report, the institutional-grade crypto trading platform displayed how its members could have captured a cumulative 113% gain by following five trades based on three different advanced data indicators. The report depicts trading alerts generated between March 5 – 10, 2023. The potential gains available to Cointelegraph Markets Pro subscribers significantly…

The world's largest grains and oilseeds companies, American giants Bunge and Cargill, have joined together to create the joint venture Covantis, which will use blockchain technology in the agricultural sector in Brazil.The unprecedented project foresees the exchange of information between all members of Covantis, which also includes the participation of other agribusiness giants such as…

Coinbase Pro topped the ratings of a new report from ICORating into cryptocurrency exchange security Wednesday, October 3, while researchers flag multiple shortcomings that continue to plague the sector. ICORating conducts analytical research in the crypto space in its role as an independent rating agency.The report rates one hundred exchanges whose daily trade volume is…

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