Bitcoin Suffers First Monthly Loss Since 2018 — Here’s What Triggered the Decline

Bitcoin has broken its streak of October gains for the first time in seven years, closing the month with nearly a 5% decline.

Bitcoin has broken its streak of October gains for the first time in seven years, closing the month with nearly a 5% decline. The slide marks the end of the cryptocurrency’s long-standing “Uptober” trend — a nickname traders use for Bitcoin’s historically strong October performance. The world’s largest digital asset Bitcoin faced a choppy month, … Read more

China Proposes Global AI Governance Body to Counter U.S. Approach

China Proposes Global AI Governance Body to Counter U.S. Approach

At the APEC summit in Gyeongju, Chinese President Xi Jinping took centre stage to advance a bold proposal for a global organisation to govern artificial intelligence, signalling China’s ambition to position itself as a leader in international tech governance. Xi suggested the establishment of a “World Artificial Intelligence Cooperation Organisation” that would set governance rules … Read more