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The next time you’re stuck in a career rut, or you’re wondering how to process the economy around you, why not ask Ray Dalio? The wealth of experience accumulated by the billionaire hedge fund founder will soon be at the fingertips of users thanks to his new AI clone, Digital Ray, which will provide consumers … Read more
Africa’s electric mobility story has often been one of promise over progress. Infrastructure is scarce, power grids are unreliable, and most markets still run on cheap imported motorcycles. But Dubai-headquartered Spiro has spent the past two years trying to rewrite that narrative. The company just announced a $100 million investment round led by The Fund … Read more
Key Takeaways Japan is considering regulatory changes to allow banks to invest in and hold Bitcoin and other crypto assets. The Financial Services Agency aims to ensure bank stability and investor safety by developing new risk management frameworks for crypto investments. Share this article Japan’s Financial Services Agency (FSA), which oversees and regulates the country’s … Read more
A leading Wall Street investment bank’s top executive claims to have been “defrauded” in the bankruptcy saga surrounding First Brands Group, a collapse that now threatens a chain reaction across global credit markets. At the same time, legendary shortseller Jim Chanos, famed for his role exposing Enron’s scandal, has drawn ominous parallels between this moment … Read more
For a generation of young Americans, choosing where to go to college — or whether to go at all — has become a complex calculation of costs and benefits that often revolves around a single question: Is the degree worth its price? Public confidence in higher education has plummeted in recent years amid high tuition prices, skyrocketing student loans and a dismal … Read more
Coinbase has increased its investment in India’s CoinDCX, valuing the exchange at $2.45 billion post-money, as the U.S. crypto giant bets on the country’s digital-asset potential even as regulation remains unclear. The investment is an extension of CoinDCX’s previous funding round and is subject to regulatory approvals and customary closing conditions, the companies said on … Read more
Key Takeaways Coinbase has made an investment in CoinDCX, a top Indian crypto exchange. CoinDCX specializes in futures trading with leverage and provides advanced analysis tools. Share this article Coinbase today announced an investment in CoinDCX, India’s leading crypto exchange that focuses on futures trading with leverage and advanced analysis tools while prioritizing regulatory compliance. … Read more
Stellantis, the international automaker that owns Chrysler, Jeep, and Ram, said it will invest $13 billion to beef up its U.S. manufacturing over the next four years as part of a broader revival plan directed by its new CEO. Five new vehicles will be developed and produced through 2029 as part of the investment into … Read more
Key Takeaways Amundi, with €2.3 trillion in assets under management, is preparing to enter the crypto ETF market. The move aligns with Amundi’s recent acknowledgment of digital assets like Bitcoin as part of broader discussions on inflation resilience and portfolio diversification. Share this article Amundi, Europe’s leading asset manager with €2.3 trillion in assets under … Read more
Key Takeaways China Renaissance aims to raise $600 million for a new investment vehicle targeting BNB, in collaboration with YZI Labs, the rebranded Binance Labs venture unit. YZI Labs is expanding its investment focus to include Web3, AI, and biotech, and is working to support builders within the BNB ecosystem. Share this article China Renaissance, … Read more
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