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South Korea’s first digital asset law comes into force after year of finessing
The Virtual Asset User Protection Act focuses on investor protection and mandate that exchanges keep at least 80% of user deposits in a cold wallet. [...] Read More... The post South Korea’s … more
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Asia's First Inverse Bitcoin ETF to Launch Tomorrow in Hong Kong
Hong Kong's Stock Exchange to launch Asia's first inverse Bitcoin ETF tomorrow, providing a new tool for traders to hedge risk and speculate on Bitcoin's volatility. more
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Philippines propels AI innovation with National Roadmap 2.0, Center for AI research
The core objectives of NAISR 2.0 include fostering an AI ecosystem with ethical considerations, advancing AI research and development, and leveraging AI to drive innovation across various sectors. … more
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BSV Blockchain: Building trust at scale
The last series of BSV Association's report, titled "Navigating Digital Transformation: Building trust in an automated world," dives on how and why BSV blockchain is posited as the go-to technology. … more
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CEOs emphasize growth and AI for 2024, says Gartner survey
The 2024 Gartner CEO and Senior Business Executive Survey aimed to capture top business leaders' evolving priorities and strategies as they navigate the post-pandemic economic landscape. … more
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Hong Kong unveils stablecoin consultation results
The FSTB and the HKMA conducted the consultation in 2023, and they will release the results “soon” as stablecoin regulations in Hong Kong take shape. [...] Read More... The post Hong Kong … more
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Forget checking bags at airports: Here's a cheaper way to travel
These smart companies are seeing a spike in clients. more
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Harris takes center stage: Democrats’ path forward after Biden’s exit
The path ahead is neither easy nor obvious, even with Biden endorsing Harris. more
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This Week on Crypto Twitter: Going All-In for Trump—Or Going Too Far?
Both jubilation and controversy swirled as crypto executives and influencers expressed support for Republican candidate Donald Trump. more
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American Airlines flight attendants make just $27,000 to start. A new union contract could change that
American Airlines and the union for its flight attendants agreed on a tentative contract after US labor mediators pressed for a deal. more
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Warren Buffett’s Berkshire Hathaway sells 34 million Bank of America shares
Berkshire still owns more than 998 million shares, valued at over $42 billion, making the conglomerate one of the bank’s largest shareholders. more
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Disneyland workers authorize potential strike with nearly 99% of the vote
The election was held by a coalition of four unions, which represents 14,000 Disney ride operators, store clerks, custodians, candy makers, ticket takers, parking attendants and other employees. more
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Oracle CEO Safra Catz steps down from Disney’s board after Ellisons’ big move in Hollywood
Billionaire Larry Ellison is helping to fund the two-step merger. more
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Squarespace’s CMO cold-called firms in the phone book to land her first role—and says Gen Z must be ‘willing to do anything’ to get a job
After landing her first job thanks to the Yellow Pages, Kinjil Mathur has climbed the ranks of Conde Nast, Saks Fifth Avenue and Squarespace to the C-suite. more
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India to leverage AI for making digital public infrastructure more efficient
India intends to integrate AI technology into digital public infrastructure (DPI) to improve efficiencies and redefine the country's digital ecosystem. [...] Read More... The post India to … more
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Web3 consortium champions renewable energy with Global Battery Passport push
MOBI's Global Battery Passport MVP, a partnership with industry heavyweights, is an attempt to establish uniformity in the battery ecosystem while promoting efficiency, safety and circularity. … more
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UNESCO wants to assist Bangladesh in ethical AI development
After aiding Chile and the Netherlands with their AI rulebook, UNESCO turned its sights to Bangladesh, utilizing a RAM technique to identify the nation’s regulatory, social and cultural gaps. … more
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CEO at cybersecurity firm that caused a global outage forgot to apologize
The lack of contrition likely stems from the IT sector’s longstanding struggle to relate in a more personalized and less robotic way with the general public. more
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Billionaire’s son resolves feud over inheritance
Alberto Safra claimed his father, who suffered from Parkinson’s disease, lacked the mental capacity to execute the three new wills that disinherited him more
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Which Founders Do Investors Trust? Insights From a Business Angel Who Invested in 52 Startups
I have 9 years of experience as a venture investor, and I can confirm that one of the most important things in a startup’s early stages is the team. Therefore, whether or not I decide to invest in … more
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The FTC is looking for a ‘smoking gun’ as it investigates whether U.S. oil giants colluded with OPEC
The FTC’s interest in messages from executives at Hess, Occidental and Diamondback is related to deals that each of the companies is pursuing.  more
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Exploding soda cans on Southwest flights have injured at least 20 flight attendants
Record heat in major Southwest hubs like Phoenix, Las Vegas, and Dallas have made the beverages volatile. more
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The company that built the Titanic loses its CEO amid struggles to secure a lifeline
Harland & Wolff said that CEO John Wood would be taking a leave of absence, adding that it will not secure an imminent loan guarantee from the UK government. more
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Wiz founder thought leaving Microsoft was the ‘most horrible decision ever.’ Now he’s reportedly selling his startup to Google for $23 billion
Time proved the 40-year-old cloud security founder wrong. more
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Messari co-founder Ryan Selkis steps down as CEO after aggressive political tweets
Selkis' resignation highlights the potential risks of inflammatory political rhetoric on corporate leadership and company stability. The post Messari co-founder Ryan Selkis steps down as CEO after … more
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