News - page 42

Blockchain & Crypto

Binance CEO Says Bitcoin to Hit New All-Time High in 2025

Binance chief executive officer Richard Teng, during a conversation with media representatives at the World Economic Forum in Davos, Switzerland, said that in the current year, the crypto market will reach a new historic high amid positive regulatory changes in the United States after the inauguration of Donald Trump.

Blockchain & Crypto

Bank of America CEO Says Financial Industry to Jump Into Crypto Payments

Bank of America chief executive officer Brian Moynihan said on Tuesday, January 21, that the United States banking industry will embrace cryptocurrencies for payments if regulators allow appropriate action.

Science & Technology

Donald Trump Announces $500 Billion AI Infrastructure Investment

OpenAI chief executive officer Sam Altman, SoftBank CEO Masayoshi Son, and Oracle chairman Larry Ellison arrived at the White House on Tuesday, January 21, along with the President of the United States Donald Trump, and executives from other technology companies, to announce large-scale private sector investments in artificial intelligence infrastructure in the US.

Finance & Economics

Donald Trump Plans to Impose 25% Tariffs on Mexico and Canada

President of the United States Donald Trump announced last Monday, January 20, during a signing ceremony in the Oval Office that his administration would impose 25% tariffs on goods imported from Canada and Mexico from February 1.

Fintech & Ecommerce

Nuvei Brings Omnichannel Payments to UK Gaming

With Nuvei innovative omnichannel payment solution tailored for the UK gaming industry, gaming operators can manage all payment channels through a single API.

Blockchain & Crypto

Enel Group and Algorand Partner on Innovative Blockchain Solar Panel Tokenization

From now on, individuals can acquire digital tokens to own a share of Enel Group’s solar farms, benefiting from solar energy production without installing panels on their own property.

Fintech & Ecommerce

Digital Payments Surge in Non-Metro Cities of India

The digital payment revolution in India has extended beyond its major metropolitan areas and is now thriving in non-metro cities as well.

Science & Technology

Spain to Grant $155 Million to Help Companies Develop AI

The Spanish government intends to support the development of artificial intelligence, which is another example of the importance of AI as an advanced technology of modernity.

Finance & Economics

Bank of Japan Reportedly to Raise Rates to Highest in 17 Years

The Bank of Japan is expected to decide on raising interest rates on Friday, January 24, if there are no global shocks on the market by then.

Finance & Economics

South Korea Braces for Donald Trump’s Policies With Biggest-Ever Export Finance Support

South Korea on Monday, January 20, pledged to set aside a record amount of financial support for exporters to mitigate any potential consequences of a likely change in United States trade policy after the inauguration of Donald Trump.

Science & Technology

TSMC Expects Its Chips Act Funding to Continue Under Donald Trump

In the past, the President of the United States, Donald Trump, has accused Taiwan of stealing his country’s chip industry, but Taiwan’s largest microcircuits company is confident that Mr. Trump’s administration will continue funding its projects in the US.

Finance & Economics

Donald Trump Reportedly to Hold Off on Immediate China Tariffs

The media, citing insiders, published information according to which US President-elect Donald Trump will not unveil tariffs on goods imported from China on his first day in office.

Fintech & Ecommerce

PayPal Leads $13M Funding Round for Insurtech Olé Life

Olé Life, supported by PayPal investments, focuses on redefining financial protection for families in Latin America by offering simple digital insurance products designed for long-term stability.

Science & Technology

Barclays Estimates AI Could Triple US Data-Centre Usage by 2030

Barclays’ recent report projects that data-centre usage will likely triple due to the rapid AI growth by 2030. The firm’s estimates are notably higher than the current sustainable consensus, raising questions about the potential implications of AI development for global efforts to reduce greenhouse gas emissions.

Fintech & Ecommerce

Revolut Launches In-App Calls to Combat Phone Scam

By allowing customers to communicate directly within the app, the new Revolut service aims to reduce the risk of fraudulent phone scam activities.

Fintech & Ecommerce

Citi GPS Identifies Agentic AI as a Transformative Force in Finance

A recent Citi GPS report reveals a significant rise in venture capital funding for autonomous AI startups, as the game-changing agentic AI technology attracted record investments in 2024.