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Saudi Arabia has ramped up its economic diversification efforts driven by its ambitious Vision 2030. In a bid to diversify its economy away from a dependence on oil, the kingdom has embraced emerging technologies, such as blockchain and artificial intelligence (AI), and tapped into booming markets like gaming.But while the country
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Bitcoin (BTC) miners are moving into new business areas, including offering high performance computing (HPC) services to the fast growing artificial intelligence (AI) market, to reduce their dependence on crypto, JPMorgan (JPM) said in a research report Wednesday, Source
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The ZK rollup is built on Polygon Supernets, a program designed to make it easier for developers to spin up new application-specific blockchains. Source
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Binance CEO Changpeng ‘CZ’ Zhao is looking to bring smaller algorithmic stablecoins to the market, in a bid to offer investors options other than the current global stablecoin giants.Speaking in a July 31, ask me anything (AMA) session on Twitter, CZ cited risks associated with large stablecoins such as Tether
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Risky assets marginally extend their up-move in April. The S&P 500 Index rose around 1.5% in April while Bitcoin (BTC) is on track to end the month with gains of more than 4%. Could the rally continue in May or is it time for a pullback?The recovery could face headwinds
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Some of these new business lines are more profitable than bitcoin mining – but not all. Original Source
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Place/Date: - February 2nd, 2023 at 5:20 am UTC · 3 min read Source: Snowfall Protocol As 2023 gets underway and crypto prices continue to surge, now is the perfect time to invest in cryptocurrencies. However, choosing a profitable coin is like
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Place/Date: - January 5th, 2023 at 12:07 pm UTC · 4 min read Source: Big Eyes Coin As traditional sources of finance have some shortcomings, cryptocurrencies have saved consumers the pain of relying on them ever since they were first introduced. Traditional
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TRLab, a platform for collecting art in the form of non-fungible tokens (NFT), raised $4.2 million in a funding round, according to a press release shared with CoinDesk.The company will use the funds to diversify its collection and add art projects of "varying scope and scale, ranging from full-production genesis
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Billionaire Ray Dalio, the founder of the world’s largest hedge fund, Bridgewater Associates, has shared his investment strategy with cryptocurrency as part of his portfolio. He warned that cash is the worst investment because it is eaten away by inflation. Ray Dalio’s Investment Advice: Cash Is Depreciating, Diversify Portfolio Well Bridgewater Associates
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