X Reportedly Plans to Raise Funds
The media published the information according to which the social media platform X is currently negotiating to raise funding from investors at a valuation of $44 billion.
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BitGo Launches OTC Trading Desk
Digital asset infrastructure provider and qualified custodian BitGo has launched an over-the-counter (OTC) trading desk, which includes integrated trading, derivatives, lending, and qualified custody.
Mastercard’s Middle-Market Play Uses Digital Innovation
The middle market continues to draw the attention of payments and banking companies, as further confirmed by the fact that Mastercard last Tuesday, February 18, announced a package of digital and financial management tools designed for the mentioned segment.
Trustly CEO Says Loyalty and Savings to Spur Consumers to Go Bank-Direct at Checkout
Trustly Inc. founder and chief executive officer Alexandre Gonthier said during a conversation with media representatives that, despite the uncertainty in regulation, pay by bank at retail, which uses open banking to carry out direct payment transactions between bank accounts, should become more widespread in the United States.
Mastercard Rolls Out Digitally Connected Credential Offering Multiple Payment Options
Mastercard has begun implementing the rolling out process of digitally connected credentials, which will allow consumers to pay in several ways to choose from.
Stacks Raises $10 Million
Self-described artificial intelligence-powered workspace Stacks has stated that it has become richer by $10 million.
OpenSea Pauses Airdrop Reward System
Non-fungible token (NFT) marketplace OpenSea has paused its new airdrop reward system due to criticism from users about the mechanics.
Elon Musk’s xAI Releases Grok 3
Elon Musk’s xAI has unveiled its latest artificial intelligence model called Grok 3.
South Korea Plans to Secure 10,000 GPUs for National AI Computing Centre
On Monday, February 17, South Korea announced its plans to secure 10,000 high-performance graphics processing units in a bid to keep pace as the global artificial intelligence race escalates.
Japan’s GDP Beats Forecasts
The Japanese economy in the fourth quarter of 2024 demonstrated such growth rates that exceeded preliminary expectations regarding the degree of intensity of the upward dynamic of this indicator.
Hong Kong Responds to Questions About Use of Cryptocurrencies as Proof of Wealth
The Hong Kong government has for the first time answered questions about the use of cryptocurrencies as proof of wealth for an immigration scheme after a local accountant publicly revealed two cases where the respective digital assets were accepted.
Xi Jinping Urges Entrepreneurs to Show Their Talents
On Monday, February 17, President of the People’s Republic of China Xi Jinping delivered a speech at a rare closed-door symposium with the participation of entrepreneurs, urging them to show their talents in a new era for business in the Asian country.
Amazon Reportedly to Delay Updated Alexa
The media published information according to which Amazon decided to push back the release of its updated Alexa voice assistant.
Animoca Brands, Standard Chartered, HKT to Launch HKD Stablecoin
Standard Chartered Bank Hong Kong, Animoca Brands, and Hong Kong Telecommunications (HKT) in the framework of a new joint venture will issue Hong Kong dollar-backed stablecoin.
Figure AI Reportedly in Talks for New Funding
The media, citing informed sources, published information according to which the robotics startup Figure AI is currently negotiating to raise financing for $1.5 billion which will increase the valuation of this brand to $39.5 billion.
