Samsung’s Q2 operating profits surge 1,400% on strong AI chip demand
Samsung projects its most advanced chips to account for 60% of its chip sales by Q4 if they finally meet Nvidia’s standards for use in sophisticated processors. [...] Read More...…
Coinbase profits plunge as retail traders lose their appetite for self-destruction
Things aren't looking good for Coinbase, which recorded a significant drop in transaction revenue and profit in Q2 while dealing with rising operating expenses. [...] Read More... The post Coinbase…
Bank of England looks to update RTGS by exploring wholesale CBDC, synchronization
After the real-time gross settlement crash in July, the BOE is looking for a solution to update the network, proposing synchronization for the revamp while considering wCBDCs as an alternative…
Bonnie Chan Woo: Turning ComplexCon Hong Kong into a digital theme park
Bonnie Chan Woo attended the London Blockchain Conference to discuss the ComplexCon Hong Kong app that nChain developed and was used by over 30,000 event attendees. [...] Read More... The…
Luxembourg updated DLT bill adds ‘control agent’ role for digital securities
Luxembourg has proposed a new DLT bill that adds an optional "control agent" role responsible for issuing digital securities, tracking the issuance amount, and maintaining ownership records. [...] Read More...…
Israel announces first batch of digital shekel challenge participants
Israel’s central bank announced the digital shekel challenge in May, and it has now picked COTI, Fireblocks, PayPal and 11 others as part of the first batch. [...] Read More...…
Bank of Baroda gets fresh upgrades with AI relationship manager, credit line on UPI
One of India's major banks, the Bank of Baroda, rides on the AI boom, introducing an AI-powered VRM, along with enabling credit lines on UPI, to improve its customer service…
