George Summers

Zaki Farooq, the founder of PayFuture, is under growing scrutiny in the UK.

Ramp Network, a leading financial technology firm specializing in connecting cryptocurrencies with the global financial system, proudly unveils its groundbreaking document-free verification system. This innovative feature is now accessible to users in Brazil, marking a significant milestone in Ramp’s mission to facilitate seamless crypto transactions worldwide. Traditionally, purchasing cryptocurrencies often involves a cumbersome process of submitting identity documents, resulting in delays and a subpar user experience. However, Ramp revolutionizes this process by enabling eligible users in Brazil to verify their identities within seconds using only their verified national tax or ID number. This streamlined approach ensures near-instant onboarding and smooth

Google has unveiled plans to initiate a support fund worth 25 million euros (£21.4 million) to aid in skill training for Europeans in the realm of artificial intelligence (AI). The AI Opportunity Initiative for Europe intends to facilitate training so individuals can “seize the opportunity of AI” at a time when the continent is positioned to “lead the way” in utilising AI for economic purposes. “We want to play our part in empowering Europe’s workforce, supporting people through change so that everyone can benefit.” The tech giant stated that this initiative is collaborating with European Union governments, civil society, academics,

Bitcoin is anticipated to surge to a minimum of £200,000 in the forthcoming years and could even surpass half a million pounds, according to a prominent analyst. In his most recent update on the long-term BTC price trajectory, advisor and early Bitcoin advocate Tuur Demeester projected BTC/USD to reach up to £600,000 by 2026. Demeester attributed Bitcoin’s ascent to “trillions” of pounds in bailouts, suggesting that the cryptocurrency’s rally to £50,000 this week is indicative of a growing confidence in its future appreciation. The bullish arguments for BTC’s price surge revolve around the significant events of April’s block subsidy halving

Gold-tracking exchange-traded funds (ETFs) in 2024 have witnessed significant outflows, amounting to billions, in stark contrast to ETFs tracking the spot price of Bitcoin. As per an X post from Bloomberg intelligence analyst Eric Balchunas on Feb. 14, the foremost gold ETFs have encountered outflows totaling $2.4 billion thus far in 2024. Only three among them have experienced marginal inflows this year: VanEck Merk Gold Shares, FT Vest Gold Strategy Target Income ETF, and Proshares UltraShort Gold. Notably, the most substantial outflows emanated from BlackRock’s iShares Gold Trust Micro and iShares Gold Trust, with $230.4 million and $423.6 million exiting,

Michael Saylor has affirmed his steadfast commitment to holding onto Bitcoin, despite his company MicroStrategy’s holdings swelling to an unrealised profit of almost $4 billion. “I’m going to be buying the top forever. Bitcoin is the exit strategy,” Saylor declared in an interview with Bloomberg on Feb. 20, when queried about the possibility of his firm selling its stash of 190,000 BTC — presently valued at approximately $9.88 billion. Presenting his bullish argument for Bitcoin, Saylor asserted that the cryptocurrency is “technically superior” to gold, the S&P 500, and real estate, notwithstanding the significantly larger market capitalisations of these asset

United States Senator Elizabeth Warren has emphasised the need for a fair regulatory framework for cryptocurrency and advocated for restrictions on Big Tech’s development of artificial intelligence (AI) models. Warren restated her stance on cryptocurrency, expressing her desire “to collaborate with the industry” during a Bloomberg Television interview on February 27. “In our financial system, pretty much everybody follows the same set of rules,” she remarked, further stating: “My view is that it’s the same kind of activity, the same kind of risk, and should have the same kind of regulations […] I’m not looking for fancier regulations or anything

Bitcoin, the inaugural cryptocurrency, experienced a 3.79% surge in the 24-hour period preceding 8:20 am UTC, reaching a trading value of £58,504, marking its highest point in two years and three months. According to data from CoinMarketCap, Bitcoin has seen an increase of over 13.5% on the weekly chart and more than 38% on the monthly chart. This surge in Bitcoin’s price follows the recent announcement that Michael Saylor’s MicroStrategy had purchased an additional 3,000 BTC, totalling $155 million at an average price of $51,813 between Feb. 15 and 25. With a cumulative acquisition of 193,000 BTC for $6.09 billion

Ethena has emerged as a leader in the decentralized application (DApp) space, setting a remarkable milestone with over $6.8 million in daily cumulative revenue in the past week, as revealed by Seraphim Czecker, the Head of Growth at Ethena Labs, on a March 8 X post. This achievement places Ethena just behind the blockchains Tron and Ethereum, which recorded daily revenues of $38.6 million and $182.5 million respectively over the same period. The platform is gaining attention for offering a significant 67.2% yield on its USDe synthetic dollar, attracting over 350,000 users. The value of USDe has seen a substantial

Early investors in Shiba Inu (SHIB) and Book of Meme (BOME) made astronomical returns, and Sleepy Shiba presents a similar opportunity.