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Gemini grabs ‘In-Principle Approval’ for Singapore license, despite recent struggle
Cryptocurrency exchange Gemini has received In-Principle Approval (IPA) for a Major Payment Institution license application in Singapore. The country’s Monetary Authority of Singapore (MAS) green-lit the Winklevoss twins-founded exchange, as it aims to further cement its influence in APAC — but legal and regulatory troubles for Gemini persist. Popular cryptocurrency exchange Gemini (Gemini Trust Company, […]Cryptopolitan
Oct 30, 2024
Bitcoin Price Breaks Out Of 7-Month Descending Broadening Wedge Pattern For Continuation Above $70,000
Recent market inflows and dynamics have seen the Bitcoin price breaking free from a 7-month descending broadening wedge pattern. According to crypto analyst Gert van Lagen, BitcoinNewsBTC
Oct 30, 2024
LinkedIn launches new AI Hiring assistant to take on recruitment tasks
Social media platform, LinkedIn, which is used to meet like-minded professionals, look for employment, and develop skills has moved to develop an AI assistant tool used for recruitment. The AI Hiring Assistant is a new product designed to tackle a number of recruitment tasks, including ingesting scrappy notes and thoughts and developing them into job […]Cryptopolitan
Oct 29, 2024
Indian firm smuggles US GPUs into Russia amid sanctions
In a bid to circumvent Western-imposed sanctions on Russia over the war in Ukraine, Indian firms are reportedly supplying US AI GPUs to Russia. Following the sanctions, Russia now has to smuggle advanced processors from US companies like Nvidia and AMD to power its AI systems and processes, thanks to the assistance of Indian […]Cryptopolitan
Oct 29, 2024
Metamask parent company, Consensys, lays off 160 employees; blames U.S SEC for abuse of power
Web3 firm and Metamask’s parent company Consensys announced on its blog on October 29 that it was laying off 160 employees across several departments, equating to about 20% of its workforce. The company explained that the massive fees it incurred during its legal battles with the U.S. Securities and Exchange Commission, plus macroeconomic factors, contributed to the decision.Cryptopolitan
Oct 29, 2024
Crypto industry reacts as US Treasury fails to add digital assets in new strategy
In a speech at the ABA Annual Convention on Tuesday, US Treasury Secretary Janet Yellen revealed a new National Strategy for Financial Inclusion (NSFI), but the issue failed to mention crypto in a good light.Fxstreet
Oct 29, 2024
Wall Street execs at FII meeting in Saudi Arabia say ‘We expect Trump to win’
Wall Street executives, Ken Griffin and Steve Schwarzman, signaled support for Trump’s 2024 campaign after previously distancing themselves from the former president. Ken Griffin, the CEO of Citadel, and Steve Schwarzman, the CEO of the Blackstone Group, are part of the contingent of Wall Street executives in Saudi Arabia for the Future Investment Initiative Conference. […]Cryptopolitan
Oct 29, 2024
