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Mexican exchange Bitso reaches more than 1 million users in Brazil

Mexican cryptocurrency exchange Bitso has surpassed 1 million users nearly a year after launching in Brazil, the companys Brazilian CEO said. Founded

Mexican cryptocurrency exchange Bitso has surpassed 1 million users nearly a year after launching in Brazil, the companys Brazilian CEO said. Founded in 2014 and based in Mexico, Bitso raised $250 million in a funding round in May 2021 and valued its platform at $2.2 billion ahead of its debut in Brazil. Bitso is currently awaiting approval of its payment institution license application in Brazil and is currently working with lenders Banco Genial and Starkbank. Read More..

B2B Tech News | 2 years ago          

Blockchain and cryptocurrency giants come together for the first edition of the International Blockchain Summit.

The first edition of the International Blockchain Summit titled Blockchain Vibes Lagos took place on Saturday 9th July 2022 at the Glover Memorial in

The first edition of the International Blockchain Summit titled Blockchain Vibes Lagos took place on Saturday 9th July 2022 at the Glover Memorial in Lagos. The summit featured keynote speeches and panel sessions, including product demonstrations from brands such as Qitmeer, Sinso Technology, Bitget, and BoundlessPay. The event was packed with inspiring speakers, founders, enthusiasts, and other stakeholders in the blockchain and crypto space. AM Crypto, Davinci Jeremie J15, Carl Runefelt, and futurist Kwame sat on the panel to discuss the current cryptocurrency crash. AM Crypto believes that the bear market in cryptocurrencies will continue and that people should only invest in cryptocurrencies if they dont mind losing their money. Professor Ndubuisi Ekekwe — Founder of Tekedia Capital delivered a virtual intervention from the podium of the conference. Read More..

B2B Tech News | 2 years ago          

Australias regulator is investigating the automatic removal of crypto scam websites

A new attempt by the Australian Competition and Consumer Commission ACCCC to automatically remove fraudulent websites. During the trial, dozens of sca

A new attempt by the Australian Competition and Consumer Commission ACCCC to automatically remove fraudulent websites. During the trial, dozens of scam sites, including crypto scams, were taken offline after more than 300 were reported. The ACCC reported that Australians lost $113 million to cryptocurrency fraud last year. The new study is conducted in partnership with the Australian Securities and Investment Commission ASIC. Cyber ​​​​​​Trace, a team of private investigators specializing in cryptocurrency fraud, claims that the most common cryptocurrency scam is romance baiting. This includes victims speaking online with a romantic interest, which helps them sign up with a major cryptocurrency exchange after telling the victim they have made great returns. Read More..

B2B Tech News | 2 years ago          

Soft opening seen for Sensex, Nifty Eyeing stocks of Tata Steel, Axis Bank, RIL, Infy, ICICI, YES Bank

The BSE Sensex and NSE Nifty are poised to start the week on a strong note after following mixed leads from global competitors. Investors will be watc

The BSE Sensex and NSE Nifty are poised to start the week on a strong note after following mixed leads from global competitors. Investors will be watching earnings reports from Tata Steel, Tech Mahindra, Axis Bank and Canara Bank closely, while the movement of the rupee and trends in the crude oil market will also be on the radar. The focus will be on the Federal Reserve, which is due to announce policy decisions on Thursday. The oiltotelecom conglomerate posted a 40.8% rise in consolidated profit at ₹19,443 crores on a revenue of 242,982 crores. Infosys reported a 3.2% growth in its consolidated net profit to ¬5,195 crore for the quarter ended June 2022. ICICI Bank registered 50% YoY growth in profit driven by higher net income and a sharp decline in provisions. Yes, Bank posted a 50% increase in profit boosted by a fall in bad loan provisions and better asset quality. Read More..

B2B Tech News | 2 years ago          

Koinly, Cointree announce crypto tax partnership

Koinly is one of Australias leading crypto tax tools, used by hundreds of thousands of crypto investors worldwide. Cointree has helped over 100,000 Au

Koinly is one of Australias leading crypto tax tools, used by hundreds of thousands of crypto investors worldwide. Cointree has helped over 100,000 Australian investors gain access to crypto since its launch in 2013. Clients can now seamlessly use single signon SSO credentials to view their crypto transactions. Koinly has announced a partnership with Cointree, one of Australias leading cryptocurrency exchanges. Koinly will help Australians create an ATOcompliant crypto tax report in less than 20 minutes. The partnership comes after the ATO recently announced that crypto would be front and center again this fiscal season. Read More..

B2B Tech News | 2 years ago          

€12 million network to develop AIbased robotics in Europe

12.5 million euros. ROBIn projects include DLR and Fraunhofer in Germany, CEA in France, and imec in Belgium with ETH and EPFL in Switzerland. Thirtyo

12.5 million euros. ROBIn projects include DLR and Fraunhofer in Germany, CEA in France, and imec in Belgium with ETH and EPFL in Switzerland. Thirtyone participants from a total of 13 member countries and companies will attend, including Switzerland, Siemens, DHL, and Volkswagen. It currently does not include the UKs Bristol Robotics Laboratory, the largest robotics laboratory in the region. The euro bin project is coordinated by the Mechatronics Robotics Institute at the German Aviation Center, the network is open to the entire robotics community and offers a cascading funding mechanism that can double its membership over the next few years. Read More..

B2B Tech News | 2 years ago          

SMICs 7nm chip sets a wakeup call for the United States

MinerVA Semiconductor has sold a chip that it claims is one of the bestvalued chips for mining Bitcoin and that it utilizes mature foundry technology

MinerVA Semiconductor has sold a chip that it claims is one of the bestvalued chips for mining Bitcoin and that it utilizes mature foundry technology to ensure chip yield, quality, and reliability. The companys directors listed in its registration are Chinese, and the address given for one of them is in Chinas Henan province. SMIC is a target of US technology sanctions aimed at curbing Chinas access to advanced semiconductor technology. TechInsights points out that SMICs process is more complex and costly and probably has lower yields than the EUV lithographybased processes now used by Samsung and TSMC. But SMIC has no choice because the US Commerce Department put it on its Entity List in December 2020. The MinerVA news has had no significant impact on the share price so far. SMIC fabricates a wide range of products for its customers, including power management ICs and microprocessors. 64% of its sales were made in China, 22% in North America, and 14% in Eurasia. Read More..

B2B Tech News | 2 years ago          

Consumer IT spending continues to decline amid fears of a recession in AsiaPacific

The consumer IT spending in the AsiaPacific region is set to further slide in 2023, depending on the severity of the economic slowdown, according to a

The consumer IT spending in the AsiaPacific region is set to further slide in 2023, depending on the severity of the economic slowdown, according to an IDC report. One in two businesses in the region expect inflationdriven IT cost price increases to impact their spending plans for the rest of 2022, says Vinay Gupta, research director, IT Spending Guides , IDC Asia/Pacific. Read More..

B2B Tech News | 2 years ago          



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