Business News
BRICS Slashes US Dollar and Euro Transactions to Below 30%
Bitcoin.com - 12 Oct 2024 05:30
BRICS nations are increasingly using national currencies, with 65% of transactions now conducted in local currencies, according to a Russian finance official. The U.S. dollar and euro account for less than 30% of payment...
Labour warned £22bn shortfall will last years without higher taxes or cuts
The Guardian - 12 Oct 2024 01:01
Resolution Foundation says overspend chancellor claims she inherited will persist unless tough choices are made Reeves spends first 100 days in power trying to ride two horses Labour weighs £3bn tax rise on gambling fir...
Fitch Ratings Issues Warning About France's Finances
The New York Times - 12 Oct 2024 15:57
A rating agency's warning about the country's ballooning debt comes as the prime minister tries to push an austerity budget through a divided Parliament.
China to increase debt issuance in bid to revive economy
Business Insider - 12 Oct 2024 14:07
China slipped into deflation in 2023 as a result of weak domestic demand and a struggling property market.
Where Nvidia ranks among fastest-growing AI companies. No, it's not No. 1.
Market Watch - 12 Oct 2024 13:36Spain is betting on immigrants to boost its economy
Business Insider - 12 Oct 2024 12:16Starbucks store workers want their new CEO to take action on these 4 issues
Business Insider - 12 Oct 2024 12:14
From mobile orders to becoming a hangout spot, Starbucks store employees are hoping Brian Niccol will take action on multiple fronts.
SEC's Authority Over XRP Futures Challenged in Bitnomial Lawsuit
Bitcoin.com - 12 Oct 2024 03:30
Crypto derivatives exchange Bitnomial is suing the U.S. Securities and Exchange Commission (SEC) over its authority to regulate XRP futures, challenging the classification of XRP as a security. The exchange, overseen by ...
Judge approves Fisker bankruptcy plan favored by car owners
L.A. Times - 12 Oct 2024 01:59
Fisker Inc. will wind down operations under a bankruptcy plan approved Friday that should allow owners to drive their cars for years. But it will not pay anything to shareholders wiped out investing in the defunct Southe...
Latam Insights: Venezuela Reaches Crypto Milestone, Consortium Announces Real Stablecoin
Bitcoin.com - 12 Oct 2024 23:32
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news from the past week. In this issue, Chainalysis states Venezuela was the country where cryptocurrency markets grew most l...
Barack Obama's message to Black male voters angered some Democrats. Why it matters.
Business Insider - 12 Oct 2024 22:46Bitcoin ETFs Climb With $253M Inflows as Ethereum Funds Show Weakness
Bitcoin.com - 12 Oct 2024 22:42
On Friday, the 12 U.S. spot bitcoin exchange-traded funds (ETFs) shook things up, recording net inflows of $253.54 million. Meanwhile, the nine spot ethereum ETFs had a rougher day, with modest outflows totaling around $...
How to watch Ohio State vs. Oregon: Live stream college football anywhere
Business Insider - 12 Oct 2024 22:30Amazon's Prime Big Deal Days Becomes Biggest October Shopping Event Ever
Small Business Trends - 12 Oct 2024 22:01
Amazon says its recent Prime Big Deal Days was its biggest October shopping event ever.
Peter Todd named Satoshi on HBO, Mt. Gox repayment plan deadline postponed, and more: Hodler's Digest, Oct. 6 - 12
Coin Telegraph - 12 Oct 2024 22:00
Mt. Gox postponed the deadline to repay creditors, Canadian Bitcoin core developer Peter Todd was named Satoshi in HBO doco: Hodlers Digest
Peter Todd named Satoshi on HBO, Mt. Gox repayment plan deadline postponed, and more: Hodler's Digest, Oct. 6 - 12
Coin Telegraph - 12 Oct 2024 22:00
Mt. Gox postponed the deadline to repay creditors, Canadian Bitcoin core developer Peter Todd was named Satoshi in HBO doco: Hodlers Digest
Here's how Anthropic CEO Dario Amodei defines artificial general intelligence
Business Insider - 12 Oct 2024 21:39
For one, he doesn't like the term artificial general intelligence. He prefers "powerful AI."
TRAC and TAP Protocol: An Innovative Bitcoin Layer One Solution
Bitcoin.com - 12 Oct 2024 21:37
Until recently, the Bitcoin ecosystem hasn't seen much development. Now it is rapidly evolving, with numerous projects aiming to enhance Bitcoin’s scalability and functionality. In this early stage, there are many meth...
BNB DApp volumes down 25% in a week -- Will BNB price follow?
Coin Telegraph - 12 Oct 2024 21:19
BNB price staged a mild recovery, but could lackluster network activity and less-than-stellar Binance launchpad results put a cap on the gains?
The 'strawberrry' problem: How to overcome AI's limitations
Venture Beat - 12 Oct 2024 21:05
A simple letter counting experiment exposes a fundamental limitation of LLMs ChatGPT and Claude, proving they can't yet "think" like humans.
Analysts Consider These 2 Chains Might Become Ethereum Killers
Bitcoin.com - 12 Oct 2024 20:30
ETC Group, a Bitwise-owned London-based fund issuer, examined the possibility of Solana and Aptos becoming the next Ethereum in its latest newsletter. Their analysts revealed that while these two chains have grown and en...
Phaver Is a Web3 Socialfi Super App
Bitcoin.com - 12 Oct 2024 19:30
In an interview with Phaver's CEO Joonatan Lintala and Ecosystem CFO Tomi Fyrqvist, we explore how this Web3-powered social platform aims to revolutionize social media by integrating blockchain technology and token-based...