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Samsung Subsidiary Invests in DePIN Firm Roam


The Samsung subsidiary Samsung Next, an affiliate of Samsung Electronics, has made an undisclosed investment in the DePIN player Roam. The post Samsung Subsidiary Invests in DePIN Firm Roam appeared first on Cryptonews

Nvidia Partners with Vietnamese IT Firm FPT to Construct $200M AI Factory


The American chipmaker Nvidia and the Vietnamese IT business FPT collaborated to establish a $200 million artificial intelligence (AI) plant in Vietnam. The partnership, which was revealed on April 23, will culminate in the establishment of a cloud computing and artificial intelligence hub in...

Bitwise: Bitcoin Will Have ‘a Great Next 12 Months’


Bitwise Asset Management expects bitcoin to have a great next 12 months. A Bitwise researcher has explained that the cryptocurrency will likely continue to test its “higher highs” this year and next. He considers regulatory risk to be the primary concern for bitcoin. ‘I Think...

Bitwise CEO sees rise in Wealth Firm Bitcoin ETF investments


Bitwise CEO Hunter Horsley recently forecasted a substantial increase in the holdings of Bitcoin ETFs among wealth management companies by the end of 2024, highlighting rising confidence in crypto as a profitable investment even during the current market shifts.  Based on the reports on CoinGape...

Crypto Wealth Management Firm Abra Launches New Platforms for Private Clients


Crypto wealth management firm Abra said it has launched the “Abra Prime” and “Abra Private” platforms for private clients and received approval from the U.S. Securities and Exchange Commission to operate as an investment advisor The post Crypto Wealth Management Firm Abra Launches New Platforms...

Cyprus SEC Extends FTX Europe’s License Suspension Until September 2024


Explore the latest developments surrounding FTX Europe as CySEC extends its license suspension. Entangled in legal disputes and financial woes, the crypto firm must fulfill existing obligations while navigating an uncertain future. The post Cyprus SEC Extends FTX Europe’s License Suspension...

Microsoft Invests $1.5 Billion Into AI Firm in the UAE


Microsoft gave G42, an artificial intelligence (AI) startup with headquarters in the United Arab Emirates (UAE), $1.5 billion. As part of Microsoft's AI investment ambitions to bolster and fortify its position in the AI market. The post Microsoft Invests $1.5 Billion Into AI Firm in the...

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