Saudi Arabia partners with tech giants in $14.9B AI expansion
Saudi Arabia has committed $14.9 billion to AI through global tech partnerships, including Google, Lenovo and Alibaba, as it aims to become a regional AI hub.
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Meta enables Instagram NFT integration in over 100 countries
Mark Zuckerberg's company, which posted a sharp loss in its Metaverse division in Q2, unveiled its digital asset expansion strategy on May 10, 2022. 215 Total views 28 Total shares According to a Meta newsroom post updated on Thursday, the Mark Zuckerberg-led company has begun its nonfungible token (NFT) expansion across 100 countries in Africa,…

'Memecoins are archetypes of the collective unconscious' — Ki Young Ju
Memecoins and other social tokens continue to draw debate following the implosion of the Libra token promoted by President Javier Milei.

Buy more Bitcoin, analyst tells institutions as $257M in BTC leaves Gemini
Institutions should start buying Bitcoin (BTC) again, leading analyst PlanB has said as one exchange sees a fresh $250-million withdrawal.In a tweet on Tuesday, PlanB argued that conditions were now right for buyers to continue accumulating BTC with confidence.PlanB: “Probably time” for Q2 buyingBTC/USD had seen a lack of momentum over the weekend, culminating in…

SEC sues ‘fake’ crypto exchanges in first action on pig butchering scams
The SEC has taken action against romance scammers for the first time, charging two allegedly fake crypto exchanges with carrying out fraud.

Nvidia cites limited visibility into crypto mining’s impact on Q2 results
Nvidia's CFO said falling crypto prices and changes in consensus mechanisms have in the past impacted demand for its products and the company's ability to estimate it. 165 Total views 20 Total shares Graphics card giant Nvidia CFO Colette Kress says the company has been unable to estimate reduced crypto mining demand impacted its Q2…

Yuga Labs fetches $450M in funding, Charles Hoskinson’s prediction falls short and spot BTC ETFs incoming? Hodler’s Digest, March 20-26
Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link.Top Stories This WeekNFT creator Yuga Labs raises $450M, bringing company valuation to $4B The…

Sri Lanka central bank reiterates crypto warning following protestors seizing president’s residence
Thousands of Sri Lankans took to the streets of Colombo in protest of the government’s response to the economic situation in the country. 370 Total views 23 Total shares Amid economic and political turmoil, the Central Bank of Sri Lanka, or CBSL, has warned the public against crypto purchases due to the lack of regulatory…

Aircraft Maintenance, Repair Industry Is Latest to Form Blockchain Alliance
The aircraft maintenance, repair and overhaul (MRO) industry — which handles a dizzying 25 billion parts a year — is turning to blockchain to tackle its difficulties.Verdict magazine reported on Feb. 4 on the formation of a new, so-dubbed MRO Blockchain Alliance, which includes leading industry members, among them HAECO Group, Bolloré Logistics, Cathay Pacific,…