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Latest intelligence on infrastructure operators, policy decisions, market moves, and digital power shifts.

Over 400 million crypto wallets hold non-zero balance: Chainalysis

Latin America and Caribbean Cloud Services

Over 400 million crypto wallets hold non-zero balance: Chainalysis

Over 400 million crypto wallets hold balances.

Dec 9, 2024
Layer-2 networks need decentralized sequencers: Metis co-founder

Global Cloud Services

Layer-2 networks need decentralized sequencers: Metis co-founder

Layer-2 networks on Ethereum grow to over $60 billion in TVL.

Dec 9, 2024
US considers settlement network for multi-asset transactions

Companies

US considers settlement network for multi-asset transactions

What happened: Exploring multi-asset transactions feasibility The US Federal Reserve is exploring the creation of a settlement network capable of handling multi-asset transactions. This initiative aims to streamline financial operations by enabling faster, more secure settlements…

Dec 9, 2024
Telcables Nigeria launches PoP to boost West African connectivity

Companies

Telcables Nigeria launches PoP to boost West African connectivity

What happened: TelCables Nigeria enhances digital connectivity with new PoP at Lagos Rack Centre TelCables Nigeria, a subsidiary of Angola Cables, has launched a new Point of Presence (PoP) at the Lagos Rack Centre facility. This PoP aims to significantly enhance low-latency…

Dec 9, 2024
Musk’s xAI plans one million GPU Colossus expansion

Global Cloud Services

Musk’s xAI plans one million GPU Colossus expansion

What happened: Elon Musk’s xAI to develop one of the largest AI supercomputers Elon Musk’s xAI is preparing to scale its Colossus supercomputer cluster to a minimum of one million GPUs, according to the Greater Memphis Chamber. Initially housing 100,000 Nvidia GPUs, the facility…

Dec 9, 2024
Making crypto as simple as cash: Rezolve AI and Tether

Companies

Making crypto as simple as cash: Rezolve AI and Tether

What happened: Rezolve AI and Tether join forces to redefine cryptocurrency payments Rezolve AI, a leader in AI-driven commerce solutions, has partnered with Tether, a prominent name in the digital asset space, to transform how cryptocurrencies are used in daily transactions. By…

Dec 9, 2024
What is a fintech company?

Global Cloud Services Trends

What is a fintech company?

In the rapidly evolving world of finance, a fintech company (short for “financial technology company”) is a business that uses technology to improve, streamline, and innovate financial services. Fintech is revolutionizing how individuals, businesses, and governments manage money…

Dec 6, 2024
GameStop soars on Roaring Kitty’s cryptic post, reviving retail hype

Global Institutional

GameStop soars on Roaring Kitty’s cryptic post, reviving retail hype

What happened: Cryptic post spurs GameStop surge Shares of GameStop experienced a significant increase of 6% on Thursday following a cryptic post from Keith Gill, known online as “Roaring Kitty,” the influential figure behind the 2021 meme stock phenomenon. Gill’s post on social…

Dec 6, 2024
Schneider and Nvidia: Transforming AI data center cooling system

Global Datacenter

Schneider and Nvidia: Transforming AI data center cooling system

What happened: Schneider and Nvidia redefine AI data center cooling innovation French electrical equipment maker Schneider Electric is working with Nvidia to develop designs for data center cooling systems for use in new artificial intelligence data centers, it said on…

Dec 6, 2024
Quantum computing and the future of payment security in fintech

Global Cloud Services

Quantum computing and the future of payment security in fintech

Quantum computing is no longer a far-off concept; it is beginning to influence industries, with fintech being one of the key areas poised to benefit. As payment systems evolve and the global demand for faster, more secure transactions increases, quantum computing could provide…

Dec 6, 2024
French operators collaborate to launch anti-fraud APIs

Europe and Middle East National Telecom Trends

French operators collaborate to launch anti-fraud APIs

French operators Bouygues Telecom, Free, Orange, and SFR launch APIs to fight online fraud and identity theft.

Dec 6, 2024
Raxio group names Robert Skjødt as new CEO

Companies

Raxio group names Robert Skjødt as new CEO

Raxio Group appoints Robert Skjødt as CEO.

Dec 6, 2024
Telstra acquires boost mobile in $100m prepaid services deal

Global Institutional Trends

Telstra acquires boost mobile in $100m prepaid services deal

Telstra acquires Boost Mobile in a $100 million deal.

Dec 6, 2024
Europe’s 5G plan: Can the EU meet its 2025 connectivity goals?

Asia-Pacific Institutional

Europe’s 5G plan: Can the EU meet its 2025 connectivity goals?

What happened: Europe 2025’s connectivity goals The European Union set ambitious connectivity goals for 2025, aiming to bring high-speed internet across the continent. Achieving these targets comes with an estimated cost of $550 billion, prompting industry experts to explore ways…

Dec 6, 2024
Nokia highlights Saudi success stories with STC and Aramco

Europe and Middle East Institutional

Nokia highlights Saudi success stories with STC and Aramco

What happened: Nokia showcases Saudi success stories with STC and Aramco Nokia has shared its recent successes in Saudi Arabia with major local companies STC and Aramco. The Finnish telecom vendor highlighted its strategic partnerships and innovations in the region, with a focus…

Dec 6, 2024
Waymo unveils plan to bring its robotaxi service to Miami

Companies

Waymo unveils plan to bring its robotaxi service to Miami

What happened: Waymo’s next robotaxi destination is Miami Waymo, Alphabet’s autonomous driving subsidiary, has unveiled its plan to extend its Waymo One service to Miami, as reported by various news outlets including Electrek and AP News. The company intends to initiate testing…

Dec 6, 2024
Bitcoin soars past $100,000 as Trump 2.0 stirs crypto euphoria

Global Cloud Services

Bitcoin soars past $100,000 as Trump 2.0 stirs crypto euphoria

What happened: Crypto euphoria ignites Bitcoin surge Bitcoin has stormed past the significant threshold of $100,000, a milestone reached amidst the backdrop of Donald Trump’s potential return to the presidency, dubbed Trump 2.0. This surge is attributed to the market’s…

Dec 6, 2024
Powering Bahrain: Alliance Networks, North Star unite

Europe and Middle East Datacenter

Powering Bahrain: Alliance Networks, North Star unite

What happened: Alliance Networks and North Star Telecom, a division of North Star Technology, have announced a strategic partnership to advance ICT and connectivity in Bahrain and the surrounding region. This collaboration integrates North Star Telecom’s broadband and data centre…

Dec 5, 2024
Chorus, Datagrid to build 6,000km submarine cable

Companies

Chorus, Datagrid to build 6,000km submarine cable

What happened:New trans-Tasman cable boosts connectivity and resilience New Zealand telecommunications provider Chorus and digital infrastructure company Datagrid have signed an exclusive Memorandum of Understanding (MoU) to develop the Tasman Ring Network, a 6,000-km…

Dec 5, 2024
Crypto.com launches card in Bahrain and expands across GCC

Companies

Crypto.com launches card in Bahrain and expands across GCC

What happened: Crypto.com’s Bahrain card launch Crypto.com, a leading cryptocurrency exchange, has announced its collaboration with Mastercard to introduce a new prepaid payment card service in Bahrain, with plans to extend the service across the Gulf Cooperation Council (GCC)…

Dec 5, 2024