June 24, 2023

Amazon Doubles Down on AI by Investing $100 Million

Amazon Web Services (AWS) – the cloud unit of the e-commerce giant – said it will distribute $100 million for a center to help entities employ generative artificial intelligence (AI).  Microsoft and Google – two other giant corporations – have made even bigger investments in AI.  AWS’ CEO Adam Selipsky revealed the plans in a...
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Jim Cramer’s Latest Change of Heart, Says He is Not Against Crypto

Jim Cramer – the host of CNBC’ financial TV show “Mad Money” – clarified that he is “not against crypto” but opposes such projects that scam people.  This is yet another controversial statement coming from the American who has changed his view on the industry countless times over the years.  The crypto community often mocks...
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Robert F. Kennedy to Enforce Pro-Bitcoin Laws Should he Become President

Robert F. Kennedy Jr, who recently announced he will run for President of the US as part of the Democratic Party, vowed to implement Bitcoin-friendly policies if elected.  The Republicans also have a crypto-loving candidate and his name is Francis Suarez. The 45-year-old, who currently serves as mayor of Miami, involved the city in numerous...
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Breaking: Bitcoin Adoption Skyrockets, Supply Plummets – Experts Predict 10% Global Acceptance by 2023 

The global acceptance of Bitcoin, the pioneering cryptocurrency, is projected to witness a remarkable surge over the next decade, according to industry analysts. With estimates indicating that global acceptance will rise from under 1% to over 10% by 2033, coupled with a decreasing supply of new Bitcoin entering circulation, the bullish prospects for the digital...
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Japan’s Biggest Bank Might Launch Global Stablecoins (Report)

Mitsubishi UFJ Financial Group (MUFG) – the largest finance institution in Japan – is reportedly considering issuing global stablecoins via its blockchain platform.  The bank has previously revealed plans to introduce such tokens tied to the value of the Japanese yen.  MUFG’s New Crypto Idea As reported by Bloomberg, the entity is in talks with industry...
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Golteum (GLTM) Enters Chainlink BUILD To Revolutionize Precious Metals Tokenization

Golteum, a groundbreaking platform at the intersection of precious metals and cryptocurrency trading, has joined the Chainlink BUILD program. A move that promises to reshape the landscape of digital asset tokenization.  This effort aims to leverage Chainlink’s industry-leading technology and Golteum’s innovative approach to empower users with a secure, transparent, and efficient solution for trading...
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CFTC Charges Man for Defrauding Investors of $21M in Crypto Ponzi Scheme

The United States Commodity Futures Trading Commission (CFTC) has charged William Koo Ichioka for defrauding investors of tens of millions of dollars by claiming to be a digital asset and foreign exchange (forex) trader. According to an official statement, the CFTC filed a complaint against Ichioka in the U.S. District Court for the Northern District...
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