Nvidia, the tech giant famous for its graphics chips, has reached a great milestone. Its market value has now surpassed the GDP of almost every country in the world, except for the United States and China. This achievement highlights the enormous influence Nvidia has gained, especially in the era of artificial intelligence. INSIGHT: 🇺🇸🇨🇳 Nvidia’s
Animoca Brands announced today that it is filing for a Nasdaq listing via a reverse merger with Singapore-based Currenc Group (CURR). “The Potential Transaction is sufficiently compelling for Animoca Brands to enter into the Term Sheet and to conduct due diligence on Currenc. We would be thrilled to collaborate with Currenc to bring Animoca Brands
Standard Chartered CEO Bill Winters said on Monday that Hong Kong’s push into tokenized money and stablecoins could lay the foundation for a new era of digital trade settlement. Speaking at Hong Kong FinTech Week, Winters pointed to ongoing pilots in tokenized deposits and the creation of a Hong Kong-dollar-backed stablecoin as potential breakthroughs for
One trader who was once commended to possess a 100 percent win percentage has plunged into a nightmare. The portfolio by the trader plummeted after yielding a profit of 33.2 million into a loss of 5.5 million realized, which is considered to be one of the most spectacular losses in recent trading records. The collapse
While Russia prepares for a nationwide launch of the digital ruble, the Russian CBDC, it has also rejected crypto for domestic payments. Elvira Nabiullina, governor of the Bank of Russia, stated that cryptocurrencies cannot be used for settlements within the country. Bank of Russia Rejects Crypto Usage for Internal Payments The Facts The Bank of
Binance co-founder Changpeng “CZ” Zhao has pushed back on reports that he has been driving a proposal to establish a crypto-friendly private bank in the Central Asian nation of Kyrgyzstan, where he provides advisory services. The rumors emerged after Kyrgyzstan President Sadyr Japarov told the Kabar news agency on Sunday that CZ had visited the
The Hong Kong Monetary Authority (HKMA) is seeking to grow the tokenization ecosystem as part of its four-pronged growth strategy for its fintech sector over the next five years. In a statement on Wednesday during Hong Kong Fintech Week, HKMA said its Fintech 2030 strategy will focus “on four strategic pillars” referred to as “DART,”
Welcome to Latam Insights, a compilation of the most relevant crypto news from Latin America over the past week. In this week’s edition, Venezuela prepares to implement a blockchain-based settlement system, Milei’s party wins big in Argentina’s midterm elections, and tokenization booms in Brazil. Historic: Bitcoin and Stablecoins to Be Integrated Into Venezuelan Banking Network
The global war for specialized financial talent has intensified, with major Japanese banks now actively recruiting PhDs and high-level management professionals to drive their digital transformation. This strategic shift in traditional finance (TradFi) mirrors—and accelerates—a parallel trend in the global FinTech and crypto sectors, where hiring has pivoted sharply toward engineers with deep expertise in