News - page 286

Science & Technology

You Should Plant 430 Million Trees to Offset Yearly Crypto Mining: Research

A new study from Forex Suggest reveals 431.6 million trees would need to be planted to amend bitcoin mining pollution over the last year only, not to mention the impact of other crypto activities

Blockchain & Crypto

ECB Executive Urges to Assimilate Crypto with Gambling

ECB board member Fabio Panneta suggests trading unbacked crypto assets should be regulated similarly to gambling

All materials

MeetKai Launches Digitising Service and Metaverse Builder

MeetKai startup is launching several new platforms for metaverse creators and users, including a room-scanning service and a tool to build structures and spaces in the metaverse

Science & Technology

Meta Disputes $400M Fine over Personalised Ads

Ireland’s Data Protection Commission imposed a $414 million fine on Meta for using its contracts with Facebook and Instagram users to send them ads based on their online activity, without explicit consent

Finance & Economics

Amazon Job Cuts Will Affect over 18,000 Employees

Amazon layoffs exceed earlier projections. The job cuts would represent over 5% of the company’s corporate workforce and continue over the coming weeks

Finance & Economics

CaixaBank to Explore AI Use for Cybersecurity

CaixaBank participates in the European research consortium along with eleven international entities to improve cybersecurity by leveraging AI and big data

Blockchain & Crypto

Indonesia to Create a National Crypto Exchange in 2023

Indonesia makes moves to reform national regulation of the crypto industry, aims to create a crypto exchange this year

Finance & Economics

DNB Automates 50% of Chat Traffic with AI

Since October 2018, DNB has implemented a conversational AI chat platform as the first-line customer support. As of now, the bot has interacted with over one million customers

Finance & Economics

Indian Bank Introduces QR Code Bill Payment System for CESC

The new bill payment system enables customers to pay by scanning the dynamic QR code linked to the unified payments interface (UPI)

Finance & Economics

FTX Ex-Chief Pleads Not Guilty

Sam Bankman-Fried, the former head of the scandalous FTX crypto exchange, has pleaded not guilty to eight criminal charges regarding FTX bankruptcy

Finance & Economics

Shopify Introduces Commerce Components

Commerce Components by Shopify is the suite of API tools for enterprise retail enabling global retailers to integrate components of Shopify with their own systems

Blockchain & Crypto

UK Offers Tax Exemption for Foreign Crypto Investors

Starting Jan. 1 2023, foreign investors purchasing crypto through local UK investment managers or brokers are exempt from additional tax

Science & Technology

Apple’s Market Cap Falls Below $2T as Deliveries Decline

Apple’s shares fell over 3% during intraday trading on Tuesday, taking its market cap down to $1.98 trillion

Blockchain & Crypto

IRS Seeks Partnership with Crypto Companies to Fight Crime

Top Internal Revenue Service (IRS) law enforcer said the tax-collection agency wants to cooperate with the digital assets industry to fight crypto-related crime

Finance & Economics

Report Reveals Banking Trends to Watch in 2023

Insider Intelligence highlighted four main banking trends that will emerge in 2023 to help customers weather the economic storms

Blockchain & Crypto

Final Fantasy Creator Focuses on Blockchain Gaming

Final Fantasy creator Square Enix aims to double its investments in blockchain gaming development, despite the decline of the overall crypto market