Author
571 posts
Bena Ilyas
Latest Articles
Ripple Seeks Document Sealing in SEC Legal Battle to Protect Business Interests
By Bena Ilyas
• 3 mins read
Ripple claims that publicly sharing documents outlining potential solutions and penalties could be harmful.
Bernstein: Bitcoin Mining Difficulty Drops 6% Last Week, Biggest Fall since December 2022
By Bena Ilyas
• 3 mins read
Bernstein report states that the decline in difficulty is due to the combination of lower Bitcoin prices and a significant increase in mining equipment costs since the last Bitcoin halving in May 2020.
Microsoft and Amazon Pour €5.5B into French AI and Cloud Infrastructure
By Bena Ilyas
• 3 mins read
Microsoft’s investment spree extends beyond France. The firm recently announced €3.2 billion in Germany and $1.5 billion in the Abu Dhabi’s AI company G42.
XREX Singapore Secures MPI Licence from MAS for Cross-Border Solutions
By Bena Ilyas
• 3 mins read
XREX Singapore introduces XREX Pay, offering businesses cross-border B2B payments and money transfer solutions. The platform will support traditional currencies like the Singapore Dollar (SGD) and US Dollar (USD) as well as stablecoins like Tether (USDT) and USD Coin (USDC).
Crypto Nonprofit’s PAC Seeks to Rally 440,000 Members for Pro-Crypto Politicians’ Support
By Bena Ilyas
• 3 mins read
Nick Carr, chief strategist at Stand With Crypto, says their goal is to support politicians who support the crypto community’s rights.
OpenAI Set to Challenge Google with New AI-Powered Search Product
By Bena Ilyas
• 3 mins read
By employing advanced AI, ChatGPT will able to fetch and display web data with proper citations, setting it apart from conventional search engines.
BlockFi Shuts Down Web Platform, Partners Coinbase for Customer Payout
By Bena Ilyas
• 3 mins read
The deadline for most BlockFi customers to withdraw their crypto holdings was April 28, 2024. But the company is now offering a way for those who missed the first chance.
Bitcoin Price Struggles to Stay Above $62,000 despite Positive European Equity Rally
By Bena Ilyas
• 3 mins read
This ongoing Bitcoin volatility has forced Bitwise, an asset management firm, to advise caution, suggesting the halving event might have been a “sell the news” scenario.
ESMA Considers Adding Crypto to €12T Investment Market, Seeks Expert Opinion
By Bena Ilyas
• 3 mins read
ESMA wants feedback by August 7, 2024, about whether UCITS can include assets other than traditional stocks and bonds.
Boden Meme Coin Sees 25% Surge after Trump’s Sideways Glance
By Bena Ilyas
• 3 mins read
Financial experts have often pointed out that meme coins, cryptocurrencies inspired by internet memes, do not serve a useful purpose and rely heavily on social media trends to gain popularity. The recent price swings involving BODEN support this criticism.