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Vienna-based crypto exchange Bitpanda has ruled out London as a venue for a potential initial public offering (IPO), highlighting concerns over dwindling liquidity on the London Stock Exchange (LSE). Instead, the firm is considering Frankfurt or New York, though no listing timeline has been confirmed. Bitpanda Turns Away from London Eric Demuth, co-founder of Bitpanda,…
The cryptocurrency industry continues to face an unrelenting battle against Hackers, who are exploiting both technological flaws and human psychology. Despite advancements in blockchain cybersecurity, losses from hacks, scams, and exploits climbed to $2.47 billion in the first half of 2025, surpassing the total stolen in 2024. Billion-Dollar Breaches Continue to Haunt the Industry According…
New York-based crypto exchange and custodian bank Gemini Space Station Inc. is gearing up for a Nasdaq listing under the ticker GEMI. Founded in 2014 by billionaire twins Cameron and Tyler Winklevoss, Gemini offers a suite of services including a U.S. dollar-backed stablecoin and a crypto rewards credit card. The company’s IPO filing signals another…
TikTok is set to roll out an update to its Community Guidelines on September 13, 2025, aiming to simplify its rules and clarify how the platform operates. While the changes largely involve rewriting existing text for clarity, several notable updates affect creators, AI-generated content, and user personalization. LIVE Creators Face New Responsibilities One of the…
San Francisco witnessed a revealing glimpse into OpenAI’s future during an exclusive dinner hosted by CEO Sam Altman. With GPT-5’s launch receiving a lukewarm reception, the event highlighted OpenAI’s pivot from individual AI model launches to broader ambitions across consumer hardware, enterprise software, and novel AI applications. Altman, joined by top executives including Nick Turley…
A bizarre incident in Washington, D.C., led to the arrest of a former Department of Justice employee after he allegedly threw a Subway sandwich at a U.S. Customs and Border Protection agent. Attorney General Pam Bondi confirmed Thursday that the man, identified as Sean Charles Dunn, has been fired. “I just learned that this defendant…
Bitcoin and ether reached new heights this week, signaling growing institutional confidence and broader adoption in the cryptocurrency market. Bitcoin Breaks July Record Bitcoin hit a new all-time high late Wednesday, climbing to $124,496 and surpassing its July peak of $123,193.63, according to Coin Metrics. The surge followed a cooler-than-expected July inflation report, which spurred…
Saudi Arabia’s Public Investment Fund (PIF) reported a significant $8 billion write-down in its so-called “gigaprojects” at the close of 2024, even as its total assets under management (AUM) soared to nearly $1 trillion. The move highlights the kingdom’s balancing act between ambitious economic diversification and the realities of a volatile oil market. Declining Gigaproject…
Canadian AI startup Cohere is making a bold move to strengthen its position in the enterprise AI space by hiring Joelle Pineau, former VP of AI research at Meta. Pineau, a McGill University professor and co-developer of Meta’s open Llama models, joins Cohere as Chief AI Officer to oversee AI strategy across research, product, and…
Swedish buy-now-pay-later (BNPL) firm Klarna has reported robust AI-driven sales growth in the second quarter, achieving an impressive $1 million in revenue per employee. The company posted total revenues of $823 million for the period, alongside adjusted operating profits of $29 million, a sharp rise from $3 million in Q1. Klarna credited its AI adoption…