March 19, 2025 – Block Inc. (formerly Square) has officially rebranded Afterpay as Cash App Afterpay, integrating the popular Buy Now, Pay Later (BNPL) service into its Cash App ecosystem. The move aims to provide seamless access to Afterpay’s Pay Over Time products for Cash App’s 57 million active monthly users while maintaining Afterpay’s existing […]
OpenAI CEO Sam Altman on Friday signaled willingness to bring a Stargate-like artificial intelligence program to Europe, saying his company would “love” to do a Stargate Europe. Stargate is a US venture launched by US President Donald Trump that involves backers like OpenAI, Softbank and Oracle. Up to $500 billion will be invested in AI […]
SoftBank is close to finalizing a $40 billion primary investment in OpenAI at a $260 billion pre-money valuation, sources told CNBC’s David Faber. SoftBank would pay out the funding, which would mean a $300 billion post-money valuation for OpenAI, over the next 12 to 24 months, with the first payment coming as soon as spring, Faber […]
US President Donald Trump has said Microsoft is in discussions to acquire TikTok and that he would like to see a “bidding war” over the sale of the social media app. When asked by reporters whether the US tech giant was preparing a bid, Trump replied: “I would say yes” – before adding that there was “great […]
In a stunning turn of events, Chinese startup DeepSeek’s latest artificial intelligence model, DeepSeek R1, has captured global attention by overtaking ChatGPT to secure the number one spot on Apple’s App Store in the United States. This remarkable achievement underscores the company’s rapid rise in the competitive AI landscape. The DeepSeek R1 model has been hailed […]
London – Bitcoin soared to a record high of $109,241 on Monday as anticipation grew over Donald Trump’s impending inauguration as the next U.S. president. The cryptocurrency briefly surged past the historic milestone before settling at around $107,500. The world’s largest cryptocurrency has been on a remarkable rally since Trump’s victory in November’s presidential election, crossing […]
Sanctions have complicated Russia’s trade with its major partners such as China or Turkey, as local banks are extremely cautious with Russia-related transactions to avoid scrutiny from Western regulators. December 25, 2024 Russian companies have begun using bitcoin and other digital currencies in international payments following legislative changes that allowed such use in order to […]
Middle East expansion: Company strengthens international presence and signals commitment to Middle East by opening its first non-European office in Dubai. Dubai, UAE – Bitpanda, Europe’s leading crypto platform, is accelerating its global growth by obtaining an in-principle approval from the Virtual Assets Regulatory Authority (VARA) in under 8 months from submission. Once officially licensed Bitpanda will […]
NEW YORK: Several key players in President-elect Donald Trump’s new cryptocurrency venture head to Abu Dhabi on Monday for the largest bitcoin gathering in the Gulf region as the digital currency sets record highs. Speakers include the president-elect’s son Eric and billionaire Steve Witkoff, the new White House envoy for the Middle East and co-founder […]
Bitcoin crossed the $100,000 threshold for the first time on Thursday, marking a significant milestone in its journey from a niche libertarian experiment to a mainstream financial asset. The historic rally reflects growing investor confidence in cryptocurrencies amid expectations of a crypto-friendly U.S. administration. The total market value of cryptocurrencies has nearly doubled in 2024, […]