App Store revenue climbs amid regulatory pressure In recent years, the App Store has become a cornerstone of the digital economy, serving as a marketplace for millions of apps that cater to various needs and interests of users worldwide. The platform, owned and operated by tech giant Apple, has not only revolutionized the way we […]
Pakistan plans major electricity use for crypto and AI development
Pakistan Crypto Council Pioneers Energy Transformation for Technological Advancements In a groundbreaking move, the Pakistan Crypto Council is spearheading efforts to leverage the country’s excess energy for the development of cutting-edge technologies such as cryptocurrency mining and artificial intelligence (AI). This strategic initiative not only aims to address the challenge of surplus electricity in Pakistan […]
Quantum computing partnership launches in Doha
Quantum Computing Partnership Launches in Doha In a significant move to bolster Qatar’s high-tech ambitions, a groundbreaking quantum computing partnership has recently been unveiled in Doha. This strategic collaboration marks a pivotal moment in the country’s journey towards technological innovation and sets the stage for transformative advancements in the field of quantum computing. The partnership, […]
Hong Kong breaks up cross-border crypto laundering ring
Hong Kong Cracks Down on Cross-Border Crypto Laundering Scheme In a recent development, authorities in Hong Kong have uncovered and dismantled a sophisticated cross-border cryptocurrency laundering ring. The operation involved the use of fraudulent bank accounts to convert scam proceeds into digital currencies, highlighting the growing challenges faced by regulators in combating financial crimes in […]
Beyond the hype: how AI is transforming work and business
Beyond the hype: how AI is transforming work and business In our latest episode of Lexicon, we sat down with Tal Barmeir, CEO of BlinqIO, a leading AI-driven software company that is revolutionizing the way businesses operate. With the rapid advancements in artificial intelligence, we are witnessing a transformative shift in the workplace and the […]
IBM commits billions to future US computing
IBM Invests Billions in Advancing US Computing Infrastructure In a move set to bolster the future of computing in the United States, IBM has announced a significant commitment of billions of dollars towards enhancing American-made systems. With a bold vision in mind, the tech giant aims to solidify the country’s position as a global leader […]
ING eyes Euro stablecoin as MiCA opens door for banks
ING Explores Euro Stablecoin Opportunity as MiCA Regulation Allows Banks to Issue Digital Currencies The world of banking is on the brink of a major transformation as the European Union’s Markets in Crypto-Assets (MiCA) regulation opens up new possibilities for financial institutions. Among the frontrunners in exploring these opportunities is ING, one of the largest […]
Cash-only Tuvalu installs ATMs
Cash-only Tuvalu Embraces Electronic Banking with New ATMs In a significant leap towards modernization, the remote island nation of Tuvalu has recently introduced ATMs and point-of-sale systems to cater to the growing demand for electronic banking services. Previously known for its cash-only economy, Tuvalu’s embrace of technology in the financial sector marks a pivotal moment […]
Temu, Shein See US Sales Surge Ahead of Small-Parcel Tariff
Temu, Shein See US Sales Surge Ahead of Small-Parcel Tariff The landscape of e-commerce is ever-changing, with new players constantly emerging and established ones striving to maintain their positions in the market. Recently, two major players in the online retail industry, Temu and Shein, have managed to capture the attention of consumers in the US […]
Most Bitcoin firms in El Salvador are inactive
Most Bitcoin Firms in El Salvador Are Inactive El Salvador made headlines earlier this year by becoming the first country in the world to adopt Bitcoin as legal tender. The move was hailed as a significant step towards mainstream acceptance of cryptocurrencies. However, recent data from the central bank of El Salvador has revealed a […]