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OKX partners with Standard Chartered for institutional crypto custody
OKX has announced a strategic partnership with Standard Chartered, establishing the international bank as OKX’s third-party crypto custodian for institutional clients. The announcement was made by OKX in a recent blog, which was curated by the exchange’s Chief Commercial Officer, Lennix Lai. 80% of crypto hedge funds use 3rd party custodians The partnership comes at […]Cryptopolitan
Oct 29, 2024
Liberland inaugurates Dubai office at KEY Difference in official ceremony
The Free Republic of Liberland—a pro-freedom, blockchain-based nation—opened its Dubai office on October 26. KEY Difference Labs, the event host and location of the office, welcomed supporters of Web3, decentralized governance, and self-sovereignty at exactly 5PM in Dubai. Gideon Greaves, Managing Director of KEY Difference, kicked off the ceremony. Guests included local crypto advocates, tech […]Cryptopolitan
Oct 29, 2024
Binance Wealth enables high net-worth investors to access digital assets directly
World largest exchange by trading volume, Binance, has launched Binance Wealth, a new product exclusively for wealth managers. In an announcement on October 29, the exchange disclosed that the new solution will enable the institutional clients to onboard their clients directly on to Binance, allowing high networth individuals to access several digital assets. According to […]Cryptopolitan
Oct 29, 2024
European Union will invest 1.4 billion euros in support of AI
On Tuesday, the European Union announced it to invest $1.5 billion in AI by the year 2025. Their aim is to compete with the world’s leading countries US and China in tech. EIC, the European Innovation Council will do the funding. This EU innovation and research programme also represents the surge of 200 million euros […]Cryptopolitan
Oct 29, 2024
Exclusive: io.net CEO Tory Green on scaling GPU power for the AI age
Cryptopolitan has had the pleasure of sitting down with Tory Green, the not-so-new CEO of io.net, to talk about the specifics of his vision for the company, and his mission in this industry. io.net is a decentralized network that’s all about making GPU power more accessible to everyone. It’s designed to cut costs and speed […]Cryptopolitan
Oct 29, 2024
FTX takes KuCoin to court in effort to reclaim $50M held in Alameda account
Bankrupt crypto exchange FTX and its sister firm Alameda Research have sued crypto platform KuCoin for failure to turn over assets belonging to Alameda. In the lawsuit filed before the US Bankruptcy Court for Delaware, FTX alleged that over $50 million of Alameda funds are being held in a KuCoin account. According to the filing, […]Cryptopolitan
Oct 29, 2024
Elon Musk predicts 10 billion robots by 2040, high chance of AI going rogue
Elon Musk has recently said there is a 10%-20% chance for AI to go bad. According to Musk, by 2040, about a decade and a half from now, the number of AI humanoid robots will reach 10 billion. Furthermore, the price of these robots will lie between $20k and $25k each.Cryptopolitan
Oct 29, 2024
Bhutan’s first AI startup, NoMindBhutan is student-led and already serves the kingdom’s airline and banks
Two computer science engineering students at Thimphu’s Royal University of Bhutan are pioneering the AI industry with an AI business start-up called NoMindBhutan. The duo operates in a college dorm and has employed five more students to work on the venture.Cryptopolitan
Oct 29, 2024
Royal Government of Bhutan sells $66m in Bitcoin from its $900m stash
The Royal Government of Bhutan has sold $66.5 million worth of Bitcoin as the crypto’s price briefly surged above the $70,000 mark. Data from Arkham Intelligence shows that Bhutan’s government wallet quietly stacked BTC over the years. The wallet transferred part of the accumulated funds in two separate transactions on October 29. These transactions moved […]Cryptopolitan
Oct 29, 2024
