Category: Fintech News

  • SUI Users Will Soon Perform Transactions Via SMS: Details

    SUI Users Will Soon Perform Transactions Via SMS: Details

    In a groundbreaking development poised to revolutionize financial accessibility, the Sui blockchain is pioneering “internet-less transactions” by leveraging radio waves and SMS technology. This innovation, shared in a recent Cointelegraph post, aims to facilitate cryptocurrency transactions in regions with limited or no internet connectivity, thereby extending financial services to underserved communities. Innovative Approach to Offline…

  • Bank of America Adopts XRP for All Internal Transactions

    Bank of America Adopts XRP for All Internal Transactions

    In a recent segment on FOX Business shared on X, David Stryzewski, CEO of Sound Planning Group, made a bold claim that Bank of America (BoA) is conducting 100% of its internal transactions using XRP, the digital asset associated with Ripple Labs. He further stated that the bank has filed 83 patents leveraging Ripple’s blockchain…

  • Coinbase Scores Major Legal Victory in SEC Showdown

    Coinbase Scores Major Legal Victory in SEC Showdown

    Coinbase has achieved a significant milestone in its ongoing legal struggle with the Securities and Exchange Commission (SEC), as a federal judge has approved its request for an interlocutory appeal. This development could play a critical role in shaping the legal framework surrounding cryptocurrency regulation in the United States. Judge Grants Interlocutory Appeal in Coinbase…

  • Vitalik Buterin Proposes Limiting Global Computing Power by 99%

    Vitalik Buterin Proposes Limiting Global Computing Power by 99%

    Vitalik Buterin, the co-founder of Ethereum, has introduced a thought-provoking proposal aimed at addressing the rapid advancements in artificial intelligence (AI). In his recent blog post, Buterin suggests that humanity should proactively prepare for the singularity—a point where AI surpasses human intelligence, potentially posing existential risks.  His proposal centers around a dramatic reduction in global…

  • Coinbase Kicks Off 2025 with a Pivotal Legal Victory: Details

    Coinbase Kicks Off 2025 with a Pivotal Legal Victory: Details

    In a pivotal moment for the cryptocurrency industry, Paul Grewal, Chief Legal Officer at Coinbase, has shared unredacted letters from the Federal Deposit Insurance Corporation (FDIC) that shed light on an apparent concerted effort to suppress cryptocurrency activities. This revelation, which follows a court-mandated release, highlights the extent of federal intervention in the crypto ecosystem…

  • The Path to Greater Energy Autonomy

    The Path to Greater Energy Autonomy

    European governments should swiftly implement the new regulations for the EU electricity market, asserts Leon Birnbaum. This will allow the economy to plan long-term. Additionally, more pragmatism is needed in international trade agreements. After Russia’s aggressive war against Ukraine and increasing tensions in the Middle East, the energy transition has become even more of a…

  • Public Offering of DelfinGroup Shares: An Opportunity to Invest in a Growing Company with an 8.3% Dividend Yield

    Public Offering of DelfinGroup Shares: An Opportunity to Invest in a Growing Company with an 8.3% Dividend Yield

    On May 20, 2024, the public offering of shares by the Latvian fintech company DelfinGroup began. Investors from the Baltic region now have the chance to acquire up to 26.4% of DelfinGroup’s shares at a price 12.8% lower than the average share price over the last three calendar months. This public offering presents a significant…

  • IMD Weather Forecast Today: Yellow Alert Issued for Severe Heat in Delhi-NCR, Check the Weather in Other States

    IMD Weather Forecast Today: Yellow Alert Issued for Severe Heat in Delhi-NCR, Check the Weather in Other States

    Delhi-NCR While voting is underway today in Delhi-NCR, the weather department has issued a yellow alert due to severe heat conditions. On Friday, Delhi-NCR experienced high temperatures accompanied by strong winds. Saturday is expected to bring even more intense heat to the region. The extreme heat in Delhi-NCR has been causing significant discomfort for residents.…

  • Who is the Footballer with the Most Champions League Titles in History?

    Who is the Footballer with the Most Champions League Titles in History?

    When discussing club competitions in the realm of football, the first tournament that inevitably comes to mind is the Champions League. The pinnacle of football will witness another thrilling final next Saturday, where Real Madrid will face Borussia Dortmund at the legendary Wembley Stadium. Among the players representing the “Whites,” some might add another trophy…

  • Renewable Energy: Plunging Electricity Prices Signal Alarm

    Renewable Energy: Plunging Electricity Prices Signal Alarm

    In Europe, alarm bells are ringing among renewable energy investors. According to a Bloomberg report, something peculiar is happening in the European electricity markets: prices are plummeting below zero. In May, solar farms on the Spanish plains and wind turbines above Norwegian fjords were so productive that a record amount of clean electricity was fed…