Headquarters of the U.S. Securities and Exchange Commission in Washington, D.C. Andrew Kelly | Reuters The U.S. Securities and Exchange Commission said on Monday that a SIM swap attack was to blame for the breach of its official account on X (formerly Twitter) earlier this month. On Jan. 9, an unauthorized party gained access to … Read more
Cemile Bingol | Digitalvision Vectors | Getty Images Bitcoin extended its losses on Monday, dipping below $40,000 for the first time this year and pulling the rest of the crypto market down with it. The price of bitcoin was last lower by 3.5% at $40,237.64, according to Coin Metrics. Earlier, it fell to $39,414.80, its … Read more
Vertigo3d | E+ | Getty Images DAVOS, Switzerland — Blockchain could be used to prevent bias in the data that artificial intelligence models are being trained on — and that could be a “killer use case” for the technology, executives told CNBC. One of the concerns about the AI models — the kind that underpin … Read more
Exchange-traded fund experts anticipate spot bitcoin ETFs, which debuted this month, to spark a new wave of crypto products. Cboe Global Markets’ Catherine Clay believes options are a natural progression for bitcoin ETFs. “We believe that the utility of the options, what they provide to the end investor in terms of downside hedging, risk-defined exposures … Read more
The U.S. District Court for the Eastern District of New York stands in the Brooklyn borough of New York City on Jan. 18, 2019. Drew Angerer | Getty Images Federal prosecutors on Friday announced charges against a German businessman, alleging he scammed investors out of more than $150 million in a crypto fraud scheme. Prosecutors … Read more
A pop-up showcasing Saudi Arabia’s Neom development features among the most prominent on the Davos promenade in 2024. CNBC DAVOS, Switzerland — For years, the United Arab Emirates has been the Middle East’s go-to tech hub, thanks partly to its lack of personal income tax, flexible visa policies, and competitive incentives for international businesses and … Read more
India’s position on the global value chain is shifting due to government incentives and a digitally savvy economy Getty Premiums DAVOS, Switzerland — Along the Davos Promenade, attendees of the World Economic Forum stumble across the WeLead Lounge, a repurposed storefront showcasing India’s female leadership and talent. There’s also the India Engagement Center, a space … Read more
Michael Sonnenshein at the 2022 Forbes Iconoclast Summit at New York Historical Society on Nov. 3, 2022. Arturo Holmes | Getty Images Entertainment | Getty Images DAVOS, Switzerland — Grayscale Investments CEO Michael Sonnenshein told CNBC that most [says all 11 in the headline, summary and key point though] of the approved bitcoin exchange-traded funds won’t … Read more
Sam Altman, chief executive officer of OpenAI, at the Hope Global Forums annual meeting in Atlanta, Georgia, US, on Monday, Dec. 11, 2023. Dustin Chambers | Bloomberg | Getty Images DAVOS, Switzerland — OpenAI founder and CEO Sam Altman said generative artificial intelligence as a sector, and the U.S. as a country are both “going … Read more
India’s position on the global value chain is shifting due to government incentives and a digitally savvy economy Getty Premiums DAVOS, Switzerland — Along the Davos Promenade, attendees of the World Economic Forum stumble across the WeLead Lounge, a repurposed storefront showcasing India’s female leadership and talent. There’s also the India Engagement Center, a space … Read more
