Fed’s Jerome Powell addresses Congress, hints at policy adjustment - African News - News

Fed’s Jerome Powell addresses Congress, hints at policy adjustment

Jerome Powell’s Semiannual Monetary Policy Report: A Peek into the Federal Reserve’s Economic Strategy Jerome Powell, the esteemed Chair of the Federal Reserve, recently graced Congress with his presence to present the central bank’s Semiannual Monetary Policy Report. Powell, a man of few but meaningful words, shared some intriguing insights into the Federal Reserve’s economic…

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Bitcoin surges to $72k in South Korea, breaking new all-time high - Bitcoin News - News

Bitcoin surges to $72k in South Korea, breaking new all-time high

Title: bitcoin’s Record-Breaking Price Soars to $72,504 in South Korea: The Impact of Retail Investors and the Kimchi Premium The cryptocurrency world has been buzzing with excitement as bitcoin’s (btc) price reached new heights, surpassing $72,504 on South Korea’s leading crypto exchange, Upbit, on March 5th at around 3:00 pm (UTC). This significant spike was…

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MicroStrategy boosts convertible note sale to $700M amid crypto boom - African News - News

MicroStrategy boosts convertible note sale to $700M amid crypto boom

MicroStrategy’s Ambitious Plan to Capitalize on the Cryptocurrency Bull Market: Increasing Convertible Notes Sale from $600 Million to $700 Million MicroStrategy, a leading business intelligence company, has recently announced its intention to expand the sale of convertible notes from an initial $600 million to $700 million. The motivation behind this decision is to take full…

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Fake-steady U.S. economy deters interest rate cuts – What to expect - African News - News

Fake-steady U.S. economy deters interest rate cuts – What to expect

Revised Economic Forecasts and the Federal Reserve: Navigating a Brighter Path for the U.S. Economy The financial news landscape is currently dominated by the Federal Reserve and the resilience of the U.S. economy, sparking a wave of revised economic forecasts and reshaping expectations for interest rate policies in the near future. Following recent strong economic…

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UK regulation to accommodate stablecoins and CBDCs - African News - News

UK regulation to accommodate stablecoins and CBDCs

The United Kingdom’s Proactive Approach to Crypto Regulation: Embracing Innovation and Ensuring Financial Stability The cryptocurrency market, stablecoins, and central bank digital currencies (CBDCs) are experiencing exponential growth, and the United Kingdom is making significant strides towards establishing a comprehensive regulatory framework to accommodate these innovative financial instruments. Varun Paul, who previously served at the…

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Arizona Senate pushes for Bitcoin ETF inclusion in state retirement funds - African News - News

Arizona Senate pushes for Bitcoin ETF inclusion in state retirement funds

The Arizona State Senate has taken a significant step towards evaluating the potential integration of bitcoin Exchange-Traded Funds (ETFs) into the retirement funds managed by the Arizona State Retirement System (ASRS) and the Public Safety Personnel Retirement System (PSPRS). The resolution, which passed with a 16-13 vote, was introduced by Republican State Senator Wendy Rogers…

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Cryptocurrency hackers net $360 million in February - African News - News

Cryptocurrency hackers net $360 million in February

February 2023: A Record-Breaking Month for Cryptocurrency Hacks The cryptocurrency market faced a tumultuous beginning to the year as hackers successfully executed 21 attacks, resulting in staggering losses totaling over $360 million. This represents a near-doubling of the amount stolen in the preceding month of January. Playdapp’s Devastating Breach: $290 Million Losses Among the most…

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Bitcoin miner HUT 8 shuts down mining site due to high energy costs - Industry News - News

Bitcoin miner HUT 8 shuts down mining site due to high energy costs

HUT 8 Announces Immediate Closure of bitcoin Mining Facility in Drumheller, Alberta: Surging Energy Costs and Power Disruptions Force Restructuring HUT 8 Mining Corp., a prominent player in the bitcoin mining industry, has recently announced the closure of its mining facility situated in Drumheller, Alberta, Canada, effective immediately (news-release/2024/03/06/2841217/0/en/Hut-8-Streamlines-Operations-with-Closure-of-Drumheller-Site.html” rel=”nofollow noopener” target=”_blank”>globenewswire.com). The company attributed…

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EU to Implement “Cyber Shield” Legislation to Safeguard Critical Infrastructure - Trending News - News

EU to Implement “Cyber Shield” Legislation to Safeguard Critical Infrastructure

In a groundbreaking move towards enhancing cybersecurity within the contact Union (EU), negotiators from EU member states and the contact Parliament have reached an agreement on the Cyber Solidarity Act. This legislative framework is designed to create a formidable “cyber shield” and safeguard critical infrastructure and sectors from the ever-evolving cyber threat landscape. The Cyber…

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Türkiye’s AI-Powered Network Solution Showcased at MWC 2024 - AI - News

Türkiye’s AI-Powered Network Solution Showcased at MWC 2024

Enhancing Network Management and Cybersecurity in Türkiye with uMAYA SD-WAN At the esteemed Mobile World Congress (MWC) 2024 in Barcelona, Ulak Communications, a leading communications firm based in Türkiye, unveiled their groundbreaking ai-powered product: uMAYA SD-WAN. This innovative software-defined wide area network (SD-WAN) solution is designed to significantly boost the Website security and cost-effectiveness of…

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Expert Insights on AI-Generated Homes in Top UK Cities - AI in Daily Life - News

Expert Insights on AI-Generated Homes in Top UK Cities

artificial intelligence (government-benefits/” target=”_blank” rel=”noopener”>ai), a groundbreaking technology, is reshaping the future of home design in the United Kingdom. From the iconic London skyline to the bustling streets of Manchester and the historical allure of Birmingham to the cultural heartbeat of Glasgow, ai is meticulously crafting homes that embody the unique character of 20 top…

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Bolt Express Unveils Cutting-Edge AI Freight Matching Technology - AI - News

Bolt Express Unveils Cutting-Edge AI Freight Matching Technology

In response to the complex challenges presented by the 2023 freight recession, Bolt Express, a foremost transportation solutions provider headquartered in Toledo, Ohio, has unveiled an advanced artificial intelligence (ai) and machine learning system. This groundbreaking innovation is set to transform digital freight matching at Bolt Express, marking a strategic technological investment that positions the…

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BlockDAG’s Price Explosion In Presale Ignites Interest Among Render and Helium Investors - Press Release - News

BlockDAG’s Price Explosion In Presale Ignites Interest Among Render and Helium Investors

BlockDAG (BDAG): A New Player in the Cryptocurrency Market with Promising Potential The cryptocurrency market has recently seen a surge of excitement and anticipation, with two projects – BlockDAG (BDAG) and Helium (HNT) – standing out among the rest. The recent presale explosion of BlockDAG has sent shockwaves across the industry, drawing the attention of…

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OpenAI Introduces Dynamic Voice Feature for ChatGPT - AI - News

OpenAI Introduces Dynamic Voice Feature for ChatGPT

OpenAI, the pioneering artificial intelligence (ai) research laboratory, has recently taken a monumental step towards enhancing Website user experience with the introduction of a dynamic voice feature for its highly acclaimed chatbot, ChatGPT. This state-of-the-art addition enables the ai assistant to audibly respond, thereby creating a more immersive and natural interaction for users. Available across…

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