Concerns as China and the US continue to stack up on BTC: What does this mean for Decentralization? - African News - News

Concerns as China and the US continue to stack up on BTC: What does this mean for Decentralization?

The promise of freedom from centralized entities like governments(China and the US), banks, and other financial institutions fuels the entire cryptocurrency world. Bitcoin’s technology is undoubtedly sophisticated enough to take care of itself; however, the government’s increased stimulus plans have continued to raise issues.  In general, bitcoin maxis and the cryptocurrency community are increasingly becoming…

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AI Set to Transform Insurance and Pension Sectors, Boosting Market Penetration - AI - News

AI Set to Transform Insurance and Pension Sectors, Boosting Market Penetration

Artificial intelligence can alter the way people are reached in terms of selling products and services. This was noted by industry experts at the 8th Annual BusinessToday Conference held in Lagos, Nigeria. Technological development, especially the adoption of ai, is lucrative currently when it comes to limited penetration rates because insurance has a 0.4% share,…

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Nigeria Unveils Plans to Revolutionize Digital Infrastructure and AI Development - AI - News

Nigeria Unveils Plans to Revolutionize Digital Infrastructure and AI Development

To speed up Nigeria’s digital transformation, the Federal Government has unveiled plans to upgrade digital infrastructure and incorporate ai for the country’s development. Led by Minister of Communication, Innovation, and Digital Economy Dr. Bosun Tijani, these measures reflect the government’s priority of putting Nigeria on a path to global digital economy leadership. Digital infrastructure fund…

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South Korea’s Strategic Investment in AI to Revolutionize Public Services - AI - News

South Korea’s Strategic Investment in AI to Revolutionize Public Services

In a recent statement, South Korea outlined its plans to invest in the adoption of ai technologies for productivity instrumentalization in state-run organizations. The South Korean government has selected a large allocation of 710.2 billion won (about US$526 million) for this project, which is one clear indicator of its intention to efficiently deploy ai technology…

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Can Apple’s AI Strategy at WWDC 2024 Propel Its Stock to $250? Or Just Market Hype? - AI - News

Can Apple’s AI Strategy at WWDC 2024 Propel Its Stock to $250? Or Just Market Hype?

In a widely anticipated step that might fundamentally change the company’s direction, Apple Inc. is preparing to reveal its long-awaited artificial intelligence (ai) plan at the Worldwide Developers Conference (WWDC) in 2024. Distinguished Wedbush analyst Dan Ives has offered perceptive analysis, saying that this event would signal a sea change for Apple and push its…

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3 Penny Cryptos That Will Create Massive Wealth for Investors in the Upcoming Bull Run 2024: Pepe Coin (PEPE), Floki Inu (FLOKI), and Retik Finance (RETIK) - Corporate Press Release - News

3 Penny Cryptos That Will Create Massive Wealth for Investors in the Upcoming Bull Run 2024: Pepe Coin (PEPE), Floki Inu (FLOKI), and Retik Finance (RETIK)

Enter the thrilling realm of cryptocurrency, where fortunes are forged in the blink of an eye and trends evolve at lightning speed. As we gear up for the highly anticipated bull run season of 2024, the crypto sphere crackles with excitement as investors scour the landscape for penny tokens poised to unleash unprecedented returns. Among…

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Hong Kong Deputy Secretary says Web3 tech is revolutionary at Carnival opening - African News - News

Hong Kong Deputy Secretary says Web3 tech is revolutionary at Carnival opening

During the opening ceremony of the Web3 Carnival in Hong Kong, Huang Weilun, who serves as the Deputy Secretary of Financial Services and the Treasury of the Hong Kong Special Administrative Region, expressed his belief that Web3 is a revolutionary technology, according to a local report on April 6. He also emphasized Hong Kong’s commitment…

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Genesis sells GBTC Shares for 32,041 Bitcoins Amid bankruptcy - African News - News

Genesis sells GBTC Shares for 32,041 Bitcoins Amid bankruptcy

Genesis, a crypto lending company that went under bankruptcy, has sold its Grayscale Bitcoin Trust (GBTC) shares, and with the proceeds it purchased 32,041 bitcoins, according to a news.bloomberglaw.com/bankruptcy-law/bankrupt-genesis-sold-gbtc-shares-to-acquire-32-041-bitcoin” target=”_blank” rel=”noreferrer noopener nofollow”>Bloomberg report on Friday. Repaying creditors The sale of GBTC shares transaction was completed on April 2, as per the report. Genesis was…

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What Impact Will AI-Driven Conservation Have on Whale Protection in B.C.? - AI - News

What Impact Will AI-Driven Conservation Have on Whale Protection in B.C.?

A novel method that combines artificial intelligence (ai) and underwater acoustics has surfaced in an attempt to protect marine life in British Columbian waters. This novel ai-driven conservation approach attempts to lessen the threat that ship collisions provide to whales by placing a network of underwater microphones, or hydrophones, along a two-kilometer section of Boundary…

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Goldman Sachs, Citadel, Citigroup, and UBS join BlackRock’s Bitcoin ETF - Bitcoin News - News

Goldman Sachs, Citadel, Citigroup, and UBS join BlackRock’s Bitcoin ETF

BlackRock just beefed up its Bitcoin ETF (exchange-traded fund) lineup with heavyweights from Wall Street stepping into the ring. The latest roster features the likes of ABN AMRO Clearing, Citadel Securities, Citigroup Global Markets, Goldman Sachs, and UBS Securities. This move represents a strategic pivot in the way Bitcoin ETFs are perceived and operated within…

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RootData raises a $1.25 million Seed fund to enable users in web3 ecosystem - Industry News - News

RootData raises a $1.25 million Seed fund to enable users in web3 ecosystem

From the Web3 asset data sector, RootData, a start-up platform, has delivered a pre-seed investment capped at $1.25 million which it considers a significant boost to its operations. The next round also engaged foremost investors deploying NLVC, Boyaa Interactive, Bonfire Union Ventures, and top several names in the sector. The capital is appointed for R&D…

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SushiSwap’s Bold Move: A New Concept in Sushi Labs  - DeFi News - News

SushiSwap’s Bold Move: A New Concept in Sushi Labs 

A substantial modification within the decentralized finance (DeFi) system is when SushiSwap, an influential decentralized exchange (DEX), proposed a governance one to-be-done that might reshape its auspices and operations. The plan, which is authored by Jiro – a SushiSwap developer, offers a fairly fundamental change in the allocation of the treasury assets, i.e. the transfer…

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So, how is Japan’s economy faring now? - African News - News

So, how is Japan’s economy faring now?

Japan’s news/articles/2024-04-04/japan-s-households-continue-to-cut-spending-as-inflation-weighs?srnd=homepage-africa” rel=”nofollow noopener” target=”_blank”>economy is seeing some pretty wild twists and turns, making for an intriguing, but kinda nerve-wracking, story. For starters, the average household in Japan has been tightening the purse strings, and no, not out of a newfound passion for frugality, but because inflating prices are putting a damper on their shopping…

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Monochrome moves Bitcoin ETF bid to Cboe Australia - African News - News

Monochrome moves Bitcoin ETF bid to Cboe Australia

Monochrome Asset Management, a Brisbane-based company, has moved its request for bitcoin-etfs-experience-significant-outflows/” target=”_blank” rel=”noopener”>Bitcoin exchange-traded fund (ETF) licenses to Cboe Australia. The company’s intent was to go public on the Australian Securities Exchange (ASX) by July 2023. The selection of Cboe Australia results from the growing importance of Asia’s investment landscape. Monochrome wants to utilize…

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