Binance Bribery Allegations Threaten Nigeria’s Foreign Investments
Binance CEO’s bribery allegations against Nigerian officials may deter foreign investment, according to SBM Intelligence. SBM Intelligence, an Africa-focused risk consultancy firm, has warned that the bribery allegations levied by Binance CEO Richard Teng against Nigerian government officials may hinder foreign investment efforts in the country. SBM Intelligence, in its analysis of recent occurrences and […]
Apple Nears Deal with OpenAI for ChatGPT Integration on iPhone
Apple is in final talks with OpenAI to incorporate ChatGPT into iOS 18, with discussions ongoing for integrating Google’s Gemini chatbot as well. Apple is purportedly nearing the conclusion of contract negotiations with OpenAI to utilize ChatGPT functionalities on the iPhone, as reported by sources with knowledge of the situation. Bloomberg reported on May 11 […]
Long-Term Bitcoin Holders Hold Firm Despite $73K Peak
Bitcoin’s downtrend persists for two months, with long-term holders refraining from selling despite weakening bullish momentum since the all-time high. The price of Bitcoin has been in a downtrend for the past two months, and supporters have weakened in their ability to sustain upside momentum. On-chain Bitcoin data indicates that long-term holders (LTH) are not […]
All ETFs and Mutual Funds to Utilize Blockchain, Franklin Templeton CEO Says
Jenny Johnson, CEO of Franklin Templeton, reaffirms support for blockchain, discussing tokenization and generative AI at the Milken Institute Global Conference. At the 27th Annual Milken Institute Global Conference in California, Jenny Johnson, the CEO and President of Franklin Templeton, a financial firm managing $1.6 trillion in assets, recently reaffirmed her support for blockchain technology […]
JPMorgan’s Onyx to Scale Blockchain PoCs from Project Guardian
Wall Street giants, including JPMorgan’s Onyx, are streamlining blockchain proofs-of-concept from Project Guardian, aiming to turn insights into tangible products, as per Stephanie Lok, Onyx’s product manager. Wall Street behemoths are considering how to industrialize proofs-of-concept that were developed as part of the Project Guardian blockchain endeavor. Product manager Stephanie Lok of JPMorgan’s blockchain platform […]