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Last month, a new alliance was forged between two titans of enterprise software - Accenture and Workday. Their expanded collaboration aims to reinvent corporate finance functions through cloud-based solutions infused with artificial intelligence. This partnership foreshadows immense change on the horizon for how businesses worldwide operate. Accenture and Workday are
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Last week, Chinese fintech giant Ant Group announced an ambitious foray into financial AI services. The company unveiled an AI model tailored for banking and investing use-cases and plans to integrate it into consumer and business apps. While Ant framed it as an innovation, some observers expressed concerns given China&
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Last month, a raft of innovations were unveiled at the annual Equipment Finance Advisor convention in Las Vegas. Cutting-edge technologies like AI-enabled lending platforms and VR-based client portals grabbed headlines. However, behind the flashy demos lies a mundane truth: much of the industry still runs on paper. Despite digitization elsewhere,
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Last week, the head of one of the world's largest climate philanthropies called for increased innovation in financing environmental projects. His remarks come as the World Bank pursues reforms to better address the climate crisis. Andrew Steer, CEO of the $10 billion Bezos Earth Fund, said development banks
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India is hosting the G20 summit this weekend, putting the country's growing power on global display. However, beneath the veneer of optimism lies deepening religious tensions that jeopardize the nation's aspirations. Last month, deadly sectarian violence erupted in Nuh, the district housing the luxurious golf resort
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When government leaders gather in Dubai this November for the COP28 climate talks, they will face rising pressure from the business community to turn rhetoric into results. At the Reuters IMPACT conference this week, executives delivered a clear message: the time for empty promises is over. Companies Push for Faster
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Taiwan recently announced a public hearing to establish guidance for regulating virtual asset platforms and businesses. The proposed framework focuses on critical areas like token issuance oversight, asset segregation, transparency, and investor protection. Taiwan's Financial Supervisory Commission (FSC) will host the hearing to finalize its "Guiding Principles
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A strange scenario is unfolding in the Bitcoin market. While prices languish in doldrums, scarcity of available supply grows more severe. This mismatch appears to be setting the stage for a massive price surge should demand spike higher. According to InvestAnswers, a widely followed YouTube channel with over 440,000
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The statement sent shockwaves through the climate community, coming on the heels of the first-ever Africa Climate Summit held in Nairobi. At the summit, political leaders painted a vision of a renewable energy future for Africa. But the AFC, which is owned by Nigeria's central bank and other
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The hashrate and mining difficulty of Bitcoin (BTC) has steadily climbed through 2023, rising during periods of bullishness, bearishness, and stagnation in the crypto market. An examination of the current state of Bitcoin mining reveals enduring interest despite variable market conditions. Bitcoin mining involves using computational power to solve complex
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An artificial intelligence-crafted song mimicking Drake and The Weeknd has been officially submitted for 2023 Grammy nominations, escalating the controversy around AI music. The submission came from an anonymous TikTok user known as Ghostwriter. In April, they released "Heart On My Sleeve," an AI-generated Drake/Weeknd collaboration that
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Coinbase outlined plans this week to expand operations across several countries where crypto regulation appears clearer than in the United States. The move spotlights America's unsettled legal landscape for digital assets. In a blog post, Coinbase executives flagged the EU, UK, Canada, Brazil, Singapore, and Australia as near-term
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Bitcoin’s price has languished in a tight range recently, testing the patience of bulls longing for a breakout. But a pivotal momentum indicator may signal BTC is nearing an inflection point. This week, Bitcoin’s MVRV ratio reached 1.27, a level that has historically marked decisive turning points.
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The SEC leveled charges against Nashville crypto firm Linus Financial this week, accusing it of failing to register securities tied to its retail crypto lending product. The enforcement action highlights regulators’ sharpening scrutiny of crypto lending and DeFi protocols. The charges focus on Linus’ Interest Accounts, which launched in March
CoinStats
Crypto portfolio tracking platform CoinStats showcased new product features at the recent TOKEN2049 event in Singapore. The company set up an interactive booth allowing attendees to test a new "Chain Activity" metric and potentially win prizes. The CoinStats booth included a "Degen Checkpoint" where visitors could
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Last month, venture capital investments in crypto projects shook off the blues from the first half of 2022 and increased 20% compared to July, reaching $660 million in August. This surprising uptick signals crypto’s enduring appeal even as coin prices plummet. The recent funding uptick emerges like a phoenix