Ethereum prepares for upgrade as Cardano takes lead August 4, 2021 Bitcoin is currently trading at around $38,000 after seeing a 10% correction from its 1 Aug peak of $42,500. It’s currently down about 1.5% over the past 24 hours and changing hands for around $37,750. There’s significant support at $37,500, but if this fails to hold today then we may see a further slip to [...]
West Coast wildfires rage across record areas in the United States, but Silicon Valley thinks it has the answer August 4, 2021 Wildfire season in the United States has devastated swathes of the West Coast in a way not seen since the disastrous summer of 2017. The problem is getting worse across numerous states. This year, 37,803 fires have raged, burning more than 3.4 million acres, both significantly up on last year. As of August 1, there [...]
Markets in retreat after last week’s outbreak August 3, 2021 Crypto at a Glance The slow start to the week continues, with the Bitcoin price still in retreat after failing to push past $42,000. The world’s largest cryptocurrency continues to trade in the corridor between $30,000 and $42,000 where it’s been stuck since late May, currently changing hands for around $38,500. it remains at the [...]
Woodford investors to wait until 2022 at earliest for last £124m August 2, 2021 Investors stuck in Neil Woodford’s collapsed flagship fund will have to wait at least until 2022 to claw back the £124m remaining in the fund, it was revealed today. In an update for shareholders, fund administrator Link said that it was “hoped that the sale of the remaining assets will be concluded in 2022”. Shareholders [...]
Bitcoin winning streak comes to end as Ethereum takes lead August 2, 2021 Crypto at a Glance Bitcoin’s longest winning streak in eight years came to a halt on Saturday, though the world’s largest cryptocurrency still enjoyed a relatively leisurely weekend changing hands for more than $42k – the highest the price has been since mid-May. The Bitcoin price climbed every day for ten days in a row, [...]
Olympics going high-tech: Artificial intelligence to prevent Tokyo heatstroke August 1, 2021 In addition to conventional measures like water spray and mist fans, Olympic organizers are going high-tech. This weekend, they have started deploying a cloud-based system from Chinese e-commerce giant Alibaba Group to monitor workers’ real-time conditions and send warnings and advice at signs of heatstroke danger. Watch the full report. WATCH DOZENS OF OTHER VIDEO [...]
Analysis: Is AI really set to transform the banking industry? July 31, 2021 The future, or a fad? Shameek Kundu, Head of Financial Services at TruEra, looks at whether AI’s credibility gap could hold back the banking industry. Artificial Intelligence (AI) is widely seen as key to the banking industry’s transformation. Industry surveys, including one from the Bank of England, suggest that two in every three financial institutions have adopted AI in [...]
People are turning to Bitcoin at a rate of almost 52,000 new users every day July 30, 2021 Jason Deane crunches the numbers and discovers Bitcoin is attracting 36 new users every minute.
Salesforce CEO: We need to hire based on skills, not university degrees July 30, 2021 Employment figures released by the Office for National Statistics this month were a bittersweet pill. On the one hand, there is optimism: vacancies have exceeded pre-pandemic levels, the number of employees on payroll is up and unemployment is down. But the other side of the coin is difficult to tackle: there simply aren’t enough people [...]
Fabric Ventures announces $130m million fund to invest in digital assets and decentralisation July 29, 2021 Fabric Ventures, a venture manager that backs ‘open economy’ founders across the globe, today announced Europe’s biggest fund of its type, valued at $130 million, which includes $30 million from the European Investment Fund (EIF).