Chinese blockchain company SOS plans $50M Bitcoin purchase

SOS $50M Bitcoin investment fuels a 100% stock surge, highlighting confidence in blockchain expansion. Key Takeaways SOS Ltd., a blockchain and commodity trading company, announced its board approved a $50 million Bitcoin purchase plan. The announcement, coupled with Bitcoin’s resilience, ignited a 100% surge in SOS stock. Bitcoin had approached $100,000 last week, but a drop of…

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$3 Trillion Opportunity: Infineo Chief Economist Discusses Blockchain And The Future Of Life Insurance

Zinger Key Points Dr. Robert Murphy, the chief economist at Infineo, shared his thoughts on the evolution of blockchain in life insurance and the broader financial landscape during the Benzinga Fintech Awards, where his company was recognized as Best Insurtech Company. Dr. Murphy highlighted Infineo’s efforts to digitize the life insurance industry and how blockchain technology could reshape it…

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Justin Sun’s journey from buying a $6.2 million banana to Donald Trump’s blockchain project

The 34-year-old founder of the Tron Blockchain has been a pioneer in the cryptocurrency space for years First came the $4.57 million lunch with Warren Buffett. Then the self-appointed role as prime minister of a micro-nation. Now, blockchain baron Justin Sun has found his next conversation piece: a $6.2 million banana secured to a wall with duct tape, paired…

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Microsoft Office AI training report is based on a misunderstanding, says the company

A tweet claiming that Microsoft Office uses the content of customer documents to train its AI systems raised a lot of eyebrows, but the tech giant says that it’s a simple misunderstanding. A Linux account with hundreds of thousands of followers tweeted the claim … NixCraft tweeted: Heads up: Microsoft Office, like many companies in recent months, has slyly turned…

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Top Picks for the Best Crypto to Buy Now for Long-Term Growth

Ethereum powers smart contracts and decentralised apps. Tether offers unmatched stability, pegged to the US dollar. But then there’s Qubetics ($TICS), a rising star, blending efficiency with innovation to solve one of the biggest challenges in finance: cross-border payments. Whether you’re an experienced investor or just exploring the best crypto to buy now for long-term…

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How to Introduce Crypto to Clients

With Bitcoin approaching $100,000 as we go to press, many of your clients may ask if they should add cryptocurrency to their portfolios. Some may be irked that they’ve been sitting on the sidelines for so long while cryptocurrencies such as Bitcoin have gained over 100% this year (over 30% since the presidential election) and about 1,100% over the…

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Bitcoin bounces back above $96,000 as investors eye $100,000 milestone heading into Thanksgiving holiday

Bitcoin on Wednesday climbed back above $95,000, recovering slightly from a pullback this week that knocked it from record levels. The price of the flagship cryptocurrency was last higher by 5% at $95,886.00, according to Coin Metrics, while ether jumped more than 7% to $3,555.82. The broader crypto market, as measured by the CoinDesk 20 index, gained 5%. Although bitcoin…

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