Will AI replace your job? The fear is real. getty Work is a state of upheaval—and beyond shifts in where and when people work, changes are occurring in the content of work itself—literally in responsi...
Tag: Digital
India tests offline functionality of digital rupee
The Reserve Bank of India (RBI) is testing the offline functionality of its newly-launched central bank digital currency (CBDC), the digital rupee, according to Ajay Kumar Choudhary, the executive dir...
Coinbase Purchases One River Digital Asset Management
Coinbase acquired One River Digital Asset Management (an investment manager that provides institutional clients with exposure to cryptocurrencies) without disclosing the terms and the sum of the agree...
U.S DOJ Suggests Curbs on Sam Bankman-Fried’s Use of Digital Devices
Exchange News As part of the new bail regulations, the device must be a flip phone or “non-smartphone.” DOJ prosecutors accused him of witnessing tampering. U.S. officials will provide former FTX fou...
Hong Kong citizens reject the digital yuan – Here is why – Cryptopolitan
The Chinese government’s project of central bank digital currency (CBDC), the “digital yuan,” has been met with low demand and disinterest from Hong Kong citizens. Low demand for digital yuan hard wal...
Leveraging Digital Towards Improving Sustainability
Environmental technology concept. Sustainable development goals. SDGs. getty The threat of climate change has pushed companies to embrace a more sustainable future, with an increasing number of compan...
Philippine Tycoon Edgar Saavedra’s Megawide To Build $300 Million Data Center In Digital Pivot
Edgar Saavedra is chairman of Megawide Construction. Sonny Thakur For Forbes Asia Megawide—controlled by tycoon Edgar Saavedra—is building a $300 million data center in Cavite, south of the Philippine...
Binance US’ acquisition of Voyager Digital assets massively supported
Most Voyager Digital account holders have approved the acquisition of the bankrupt crypto lending firm by Binance US, the United States-based arm of the world’s largest crypto exchange. According to c...
Ex-Electronic Arts, Sony Game Developers Raise $13 Million For ‘Avalon’ Digital Universe
A group of video game industry veterans have teamed up to form Web3 gaming company Avalon Corp and have raised $13 million in funding in a round led by Bitkraft Ventures. Hashed, Delphi Digital, Mecha...
DBS Digital Exchange CEO says investors prefer regulated platforms over yield
Ad Singaporean DBS Bank’s Digital Exchange (DDEx) CEO Lionel Lim said that investors look for regulated platforms instead of searching for the options that provide the best yield, according to Forkast...
UAE Emirate to Launch Free Zone for Digital Asset Firms
Ras Al Khaimah, one of the seven Emirates that make up the United Arab Emirates (UAE), announced the launch of a free zone for digital asset firms. Ras Al Khaimah, one of the seven emirates of the UAE...
Marathon Digital To Restate Financials After Accounting Issues
Bitcoin miner Marathon Digital has announced that it will reissue several financial statements from its audited 2021 results and unaudited reports from 2022. The announcement comes after an inquiry c...
NASDAQ-Listed Crypto Miner Marathon Digital Cancels Earnings Call
Marathon Digital Holdings, a pioneer in Bitcoin mining, announced that it has canceled its webcast and conference call for the fourth quarter which was initially scheduled for today at 4:30 p.m. easte...
Christie’s Auctions Digital Art Piece for $440,000
Renowned auction house Christie’s recently sold another NFT digital and physical artwork piece for a hefty price tag of nearly $450,000. On Feb. 28, Christie’s announced the auction of Tyler Hobbs’ “F...
Digital Pound, the Safe Place to Store Value
The deputy governor of the Bank of England (BoE) believes the digital pound could rescue citizens during a bank run, comparing it to the first-generation iPhone. Jon Cunliffe, the Deputy Governor of t...
Insolvent Voyager Digital Starts Liquidating Crypto Assets to Coinbase
Voyager Digital and Binance US have agreed on a price for the exchange’s holdings. The insolvent firm has 268 million ETH, 236 million USDC, and 77 million SHIB. After declaring bankruptcy in July 202...
UAE emirate to launch free zone for digital and virtual asset firms
Ras Al Khaimah, one of the United Arab Emirate’s (UAE) seven Emirates, is set to launch a free zone for digital and virtual asset companies as the country’s approach to the industry continues to attra...
UAE to create exclusive free zone for digital, virtual asset companies
Ad The government of Ras Al Khaimah is set to unveil a new free zone tailored for digital and virtual asset firms as the United Arab Emirates (UAE) strengthens its position as a magnet for players in ...
Crypto Conglomerate Digital Currency Group Reports Loss of $1.1B in ‘Challenging’ 2022
From a consolidated balance sheet perspective, DCG held total assets of $5.3 billion as of Dec. 31, 2022, the report said. This included cash and cash equivalents of just $262 million. Investment asse...
UAE Launching Free Zone Digital And Virtual Asset Companies
The city of Ras Al Khaimah (RAK), UAE, intends to introduce a free zone for digital and virtual asset companies. The government of Ras Al Khaimah says this free zone will be called the RAK Digital Ass...
BoE governor argues a digital pound could protect against bank runs
A new digital version of the pound might help safeguard customers in the event of a banking system collapse, according to Bank of England (BoE) Deputy Governor Jon Cunliffe, adding to the case for a p...
LBank supports EU plans for Zero-Knowledge Proof for Digital IDs
On Feb. 9th, the EU’s Industry, Research, and Energy Committee introduced zero-knowledge proofs to its amendments to the European digital identity framework (eID). This amendment was voted in by 55 vo...
Wholesale digital pound is a question of how, not when, says Bank of England
While the UK government and Bank of England are pushing forward their exploration of a retail digital pound, work on a wholesale solution is also a priority — and a far more certain one. “The qu...
Alpha Blue Ocean (ABO) Announces Launch Of New Private Investment Firm, ABO Digital
Advertisement     Alpha Blue Ocean (“ABO”), a firm with offices in the Bahamas and Dubai, recently announced the opening of ABO Digital, a new private investment compa...
Global Relay Launches New Digital Information Service
Subscription service to deliver valuable intelligence and insights on practical compliance, regulatory change, and how to maximize technology to streamline these practices. LONDON–(BUSINESS WIRE)–Glob...
New Digital Trust World Conferences from ISACA Deliver Innovative Insights on the Business Imperative for a Trustworthy Tech Ecosystem
ISACA’s 2023 slate of virtual and in-person learning for business IT professionals announced SCHAUMBURG, Ill.–(BUSINESS WIRE)–#isaca–As enterprises and professionals increasingly identify digital trus...
Pilot Test For Brazil’s CBDC ‘Digital Real’ Successfully Completed
3 hours ago | 2 mins read Altcoin News Mercado Bitcoin announced the successful completion of a series of pilot tests. The Stellar public blockchain was utilized for the experiments. The Brazilian gov...
Digital Pound Will Bring New Opportunities for Businesses – BoE
A Bank of England executive has stressed the importance of the digital pound and its benefits for business at the Annual BEAR Research Conference in London. Ben Broadbent, the deputy governor for mone...
Voyager Digital: is selling crypto on Coinbase
Voyager Digital is a crypto lender recently in the news due to bankruptcy-related news. According to on-chain data from Lookonchain, it appears that the company is selling its assets through the Coinb...
Texas Disapproves Proposed Deal between Binance.US and Voyager Digital
Texas believes that the restructuring plan appears to discriminate unjustly against Texas-based customers. A recent court filing has revealed that Texas is moving against the proposed buyout deal betw...