Bain & Co. predicted the AI sector is burning through their pockets, as the industry is expected to fall $800b short of its $2 trillion target. How will the projected slip-up affect the AI-crypto market? Summary Bain & Co. projects that AI will face an $800 billion revenue shortfall over the next five years as
Kazakhstan’s central bank is launching a pilot project to issue a new stablecoin pegged to the local fiat currency in collaboration with Solana and Mastercard. The National Bank of Kazakhstan announced the launch of a stablecoin project within the framework of its Digital Assets Regulatory Sandbox, according to a statement shared with Cointelegraph on Tuesday.
The digital finance landscape is buzzing with innovation, and South Korea is now taking a bold step forward. Leading e-payment companies KG Inicis and KG Mobilians have made headlines by filing a trademark for a won-pegged stablecoin. This move signals a significant push into the realm of digital currency, potentially reshaping how transactions are conducted
Global crypto wealth has surged to an unprecedented 241,700 crypto millionaires, the Crypto Wealth Report 2025 from Henley & Partners with data from New World Wealth shows — a 40% rise in 12 months. Bitcoin led the charge, with Bitcoin millionaires up 70% year‑on‑year to 145,100 holders, while the total crypto market valuation reached USD
The world of finance is constantly evolving, and South Korea is at the forefront of a significant shift. Seoul Exchange, a prominent South Korean platform known for trading unlisted stocks, is making headlines with its bold move into digital assets. This groundbreaking partnership aims to establish a robust platform for RWA tokens and token securities,
Shares of Semler Scientific (SMLR) closed at $32.06, well below the implied $86.30 takeout value in its announced all-stock acquisition by Strive (ASST), a discount Benchmark analyst Mark Palmers say reflects both skepticism and opportunity in the emerging bitcoin treasury M&A wave. Palmer reiterated its buy rating on Semler while trimming his price target on
The world of digital assets is buzzing with exciting news! Archetype, a prominent crypto venture firm, has successfully raised a monumental $100 million for its new Fund III. This significant capital injection is set to fuel the next wave of innovation in the rapidly evolving blockchain and Web3 space. For anyone following the pulse of
Cloudburst Technologies said it closed a $7 million Series A funding round to develop its platform for off-chain crypto intelligence. Unlike most blockchain analytics firms that concentrate on on-chain activity, New York-based Cloudburst specializes in analyzing data sources such as chatrooms and regulatory filings to monitor fraud networks, illicit actors, scams and social sentiment. The
Bitcoin and Ethereum exchange-traded funds suffered a $439 million blow in total on Monday, wiping out much of last week’s inflows as investors repositioned around the Federal Reserve’s rate cut and braced for upcoming inflation data. Bitcoin ETFs led the exodus with $363.1 million in outflows, led by Fidelity’s FBTC shedding $276.7 million and ARK
Fnality, a fintech firm building tokenized versions of major currencies collateralized by cash held at central banks, has raised $136 million in a Series C round to expand its blockchain-based wholesale payment systems, the London-based firm said Tuesday. The investment was led by WisdomTree, Bank of America, Citi, KBC Group, Temasek and Tradeweb, with existing