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No Rate Hikes in Russia, Central Bank Keeps Interest Rate Level Again

Bank of Russia decided to maintain the interest rate at 7.5% amid moderate inflation, estimated at 2.5% on an annual basis in April,...

AI Can Process More Information Than Humans—Will It Stop Us From Repeating Our Mistakes?

It is a cliché that not knowing history makes one repeat it. As many people have also pointed out, the only thing we learn...

China’s wave of ChatGPT rivals, Alibaba goes multichain: Asia Express

Our weekly roundup of news from East Asia curates the industry’s most important developments. Hong Kong inching close on a clear crypto regulatory pathway...

Dropbox drops 16% of staff, points finger at hard-up customers and AI

Dropbox axed 500 employees, or 16 per cent of its workforce, on Thursday as the online storage biz pivots to AI amid slowing growth. CEO...

Coinbase sues SEC in bid for clarity on crypto rules

In this issueCoinbase: Demanding directionPEPE: Leapfrog effecte-CNY: Digital paydayFrom the Editor’s DeskDear Reader,Hello from Austin this week, at Consensus 2023, where significant conversations are...

Digital yuan use cases expand to civil servant salaries and cross-border trade

China continues to lead the way in integrating its central bank digital currency (CBDC) into its financial system. Various regions have announced that...

Op-ed: Crypto firms should look East for growth opportunities as USD dominance wavers

The following is a guest post from BTSE CEO Henry Liu.Every day it seems there are new headlines highlighting the wavering dominance of the...

News Bit: Ethereum Price Update: Ether Loses Shanghai Gains as Bitcoin Slumps 10%

Share some Bitpinas love:Subscribe to our newsletter!Ether loses all gains from Shanghai upgrade, dropping to $1,833; Bitcoin slumps 10%, trading as low as $27,200...

Elon Musk’s Crypto History: The Good, the Bad, and Putting Dogecoin on the Moon

Elon Musk’s crypto influence cannot be overstated. Formerly the world’s richest man, Musk’s tweets habitually make waves throughout the cryptocurrency market. His whimsical musings...

Texas House of Representatives Passes Bill Requiring Proof of Reserves for Crypto Exchanges

On April 21, the Texas House of Representatives approved a bill requiring cryptocurrency exchanges to maintain sufficient reserves to fulfill their clients’ payment...

Noncash Payments Continue to Grow in the U.S.

Noncash payments in the U.S. continue to grow, with the total value increasing at a rate of 9.5% per year 2018 to 2021,...

Bitcoin falls below US$29,000, Ether slumps, U.S. equities stall on inflation concerns

Bitcoin slid below the US$29,000 mark for the first time in 10 days on Thursday morning in Asia. Ether also fell to lose hold...

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