Kenyan Deputy President Urges Africa to Embrace AI
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Kenyan Deputy President Urges Africa to Embrace AI

Kenyan Deputy President Rigathi Gachagua is urging African leaders to tap into the potential of artificial intelligence (AI) to supercharge their economies. Gachagua highlighted that tech-leading countries are already reaping the rewards of infusing AI into critical sectors like agriculture, health, trade, manufacturing, tourism, and education. Kenya to Establish Digital Hubs Kenyan Deputy President Rigathi […] Source: https://news.bitcoin.com/kenyan-deputy-president-urges-africa-to-embrace-ai/

Bitcoin Flat Ahead of New US Jobless Claims and Housing Data
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Bitcoin Holds Above $65,000 After China’s ‘Policy Bazooka’ Stimulus

Bitcoin (BTC) surged past $65,000, holding steady at $65,580 amid a 3% rally, as experts point to easing monetary policy, China’s stimulus, and increasing on-chain activity as key drivers for the current momentum. Analysts now suggest a fourth quarter rally is likely, with targets set for $70,000 in the near term. Ethereum (ETH) also followed suit, gaining 1.5% to trade…

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Speed Wallet Launches USDT on Lightning to Compete With Ethereum, TRON and SOLANA
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Speed Wallet Launches USDT on Lightning to Compete With Ethereum, TRON and SOLANA

USDT’s anticipated integration into the Lightning Network has been a topic of discussion among crypto enthusiasts for years. Despite the evident advantages Lightning offers—such as instant, low-cost transactions—USDT’s transition to this layer has been over and again stalled. In 2019, Paolo Ardoino, who was then Tether’s CTO (he is now the company’s CEO), had assured […] Source: https://news.bitcoin.com/speed-wallet-launches-usdt-on-lightning-to-compete-with-ethereum-tron-and-solana/

Blackrock Joins Race to Issue New Stablecoin
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Blackrock Joins Race to Issue New Stablecoin

Blackrock has announced its backing of a new stablecoin, UStb, launched by Ethena Labs. Supported by Blackrock’s BUIDL fund, UStb is designed to provide a reliable alternative in the stablecoin market, leveraging investments in U.S. dollars, short-term Treasury bills, and repurchase agreements. Ethena Labs has partnered with Securitize to facilitate the launch, aiming to enhance […] Source: https://news.bitcoin.com/blackrock-joins-race-to-issue-new-stablecoin/

HashKey Capital Brings Crypto History to Life With Decode: Legacy
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HashKey Capital Brings Crypto History to Life With Decode: Legacy

HashKey Capital brought the history of crypto to life at Token2049 with immersive theater experience Decode: Legacy, hosted at Singapore’s iconic Raffles Hotel. Decode: Legacy eschewed the cocktails and panel discussions typically seen at crypto events, in favor of a “journey that underscored the far-reaching influence and potential of blockchain technology,” HashKey Capital CEO Deng Chao explained in a press…

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Dubai Regulator Increases Scrutiny on Crypto Companies
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Dubai Regulator Increases Scrutiny on Crypto Companies

Dubai’s Virtual Assets Regulatory Authority (VARA) has implemented stricter regulations for crypto companies to enhance investor protection and ensure transparency. The new rules require firms to include risk warnings in marketing materials, obtain necessary licenses, and adhere to compliance standards. These measures aim to inform investors about the risks and volatility of cryptocurrencies, while fostering […] Source: https://news.bitcoin.com/dubai-regulator-increases-scrutiny-on-crypto-companies/

Worldcoin and Tools for Humanity Fined in South Korea
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Worldcoin and Tools for Humanity Fined in South Korea

Worldcoin, the biometric identification project, and its parent company, Tools For Humanity (TFH), have been fined by the Personal Information Protection Commission (PIPC), South Korea’s data protection agency, for violating the Personal Information Protection Act. According to local media, Worldcoin did not inform data collection subjects about the collection and use purposes, retention and use […] Source: https://news.bitcoin.com/worldcoin-and-tools-for-humanity-fined-in-south-korea/

TRON DAO Unites With Global Community at TOKEN2049 Singapore
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TRON DAO Unites With Global Community at TOKEN2049 Singapore

PRESS RELEASE. Geneva, Switzerland – September 27, 2024 – TRON DAO united with the global blockchain community as a Title Sponsor at TOKEN2049 Singapore, the world’s largest Web3 conference, held at the Marina Bay Sands. At the conference, Dave Uhryniak, Community Spokesperson at the TRON DAO, delivered an insightful keynote emphasizing TRON’s commitment to strengthening […] Source: https://news.bitcoin.com/tron-dao-unites-with-global-community-at-token2049-singapore/