Nvidia Soars to $1 Trillion Valuation Driven by AI Revolution

The post Nvidia Soars to $1 Trillion Valuation Driven by AI Revolution appeared first on Coinpedia Fintech News

Nvidia briefly joined the trillion-dollar club on Tuesday morning as demand for generative artificial intelligence tools surged. Tech companies, both big and small, are incorporating AI tools into their products, as evident from the recent Google I/O and Microsoft Build events. Nvidia’s chips are in high demand as a crucial supplier for AI projects. However, …

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Saylors Strategy Adds 6,911 Bitcoin, Investing $584 Million

The post Saylors Strategy Adds 6,911 Bitcoin, Investing $584 Million appeared first on Coinpedia Fintech News

Michael Saylors strategy has once again increased its Bitcoin holdings, purchasing 6,911 BTC for $584.1 million, at an average price of $84,529 per Bitcoin. This move further strengthens the company’s Bitcoin reserves and reinforces Saylor’s confidence in the cryptocurrency as a long-term asset. With a consistent focus on expanding its Bitcoin holdings, Saylor continues to …

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Elon Musk’s X: A Vision for WeChat-like Dominance in Finance

The post Elon Musk’s X: A Vision for WeChat-like Dominance in Finance appeared first on Coinpedia Fintech News

Elon Musk, the visionary entrepreneur behind SpaceX and Tesla, has set his sights on revolutionizing yet another industry—social media and finance. The tech mogul has revamped the popular social media platform, formerly known as Twitter, into the new powerhouse called “X.” But X is not just an ordinary social media app; it has grand ambitions …

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Will Elon Musk’s “Twitter Coin” Soon Hit The Crypto Market? Here’s What You Should Know

The post Will Elon Musk’s “Twitter Coin” Soon Hit The Crypto Market? Here’s What You Should Know appeared first on Coinpedia Fintech News

At this point, it is well known that Elon Musk is a strong supporter of cryptocurrencies. Prior to selling a significant amount of it, his firm, Tesla, once held roughly $2 billion in bitcoin. He frequently tweets about dogecoin as well. It was also lately speculated that Musk would utilize Dogecoin for Twitter transactions. He …

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European Commissioner Has Threatened to Shut Down Elon Musk’s Twitter

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As regulators crack down on Elon Musk’s efforts to turn the social network into a safe haven of free speech,  Musk is facing further criticism from the US and EU over his ownership of Twitter. In a video chat with Musk, Thierry Breton, the EU commissioner for the internal market, warned him that there was …

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Elon Musk Reacts on Sam Bankman-Fried’s Twitter Share Holdings

The post Elon Musk Reacts on Sam Bankman-Fried’s Twitter Share Holdings appeared first on Coinpedia Fintech News

According to semafor report, 2 weeks after clinching a deal to buy Twitter for $44 billion, Musk texted Bankman-Fried and invited him to roll the $100 million stake he had owned for a few months into a privately held Twitter. An FTX balance sheet prepared after the takeover closed on Oct. 28, and circulated to …

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Kathy Griffin’s Account Twitter Suspended for Impersonating Elon Musk

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Kathy Griffin has been suspended from Twitter for impersonating Elon Musk. Griffin had changed her name on the service to Elon Musk and was tweeting as Musk imploring people to vote for Democrats in Tuesday’s midterm elections. Musk took to Twitter to warn other users engaging in behavior like Griffin’s saying, “Going forward, any Twitter …

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Fintech Uala Rolls Out Crypto Trading in Argentina

The new service will let users buy and sell Bitcoin and Ether in Argentina. (Read More)

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Ukrainian Fintech Company Weld Money launches solution for crypto payments

Weld Money, a Ukrainian Fintech Company, has today officially launched its innovative crypto payments product – the Weld card.

The card will allow anyone to perform daily payments for goods and services directly from crypto wallets using Google Pay and Apple Pay.

Weld Money’s Weld Card is the first cryptocurrency card that allows users to connect to different crypto exchanges. It is the first of its kind in Eastern Europe.

The card can be obtained within a couple of minutes and offers a unique opportunity for crypto users looking for a way of using their crypto holding in their everyday lives.

Weld Money was founded in 2020 by Alexey Bobok, Iryna Lorens and Alexey Meretskiy.

It has a native token called WELD whose initial coin offering (ICO) was conducted on September 22 2021 and lasted for only 4 minutes. It managed to raise $3.6 million during the ICO.

The WELD token is currently listed on several decentralized exchanges (DEX) like PancakeSwap and UniSwap and centralized exchanges (CEX) like Bitrue and Bitmart. The news about the launch of the crypto card made WELD surge by about 115%.

The Weld Card is expected to enter the European market either in late 2022 or early 2023. The ultimate goal of Weld Money is to enable users to conduct transactions using their card and any digital asset including NFT and metaverse tokens.

The post Ukrainian Fintech Company Weld Money launches solution for crypto payments appeared first on Invezz.

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Microsoft Ventures into Digital Payments and Explores Central Bank Digital Currencies

The post Microsoft Ventures into Digital Payments and Explores Central Bank Digital Currencies appeared first on Coinpedia Fintech News

Microsoft, which is a big player in the field of AI, has unveiled a strategic partnership with Aptos Labs, a layer-1 blockchain entity. This partnership represents a significant moment where advanced AI meets the emerging realms of web3 and blockchain technology. Aptos Labs, established by former Facebook employees, was initially on a mission to revive …

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Elon Musk on X (Twitter) + AI: A Communication Revolution

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In a recent Twitter exchange, Elon Musk discussed using X and AI technologies for psychohistory, inspired by Isaac Asimov’s “Foundation.” He hinted at broader applications, including within his own venture, X.AI Corp, and possibly launching a company to compete with Deep AI, Google, and Amazon. Meanwhile, Twitter has implemented restrictions on tweet viewing and blocked …

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