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AI agents will bring crypto to masses, says Animoca's Yat Siu
koreatimes112d ago

AI agents will bring crypto to masses, says Animoca's Yat Siu

HONG KONG — Technology optimists predict that, sooner or later, people will rely on multiple artificial intelligence (AI) agents to manage their schedules, book restaurants, purchase essential items or even invest on their behalf. When that day comes, these agents will conduct users’ financial transactions on the blockchain, and most people may not even realize they are using crypto technology, according to Yat Siu, executive chairman and co-founder of Animoca Brands. “I don’t think the path to crypto is going to be trading. It’s going to be much more about using it in everyday life,” Siu told The Korea Times in a recent interview on the sidelines of Consensus Hong Kong, a crypto networking event. “The fact that crypto is in the background is a bonus — it makes things bigger, faster, better, cheaper and more efficient. But ultimately, people won’t care.” Siu began his career in the technology industry in 1990 and is now a veteran entrepreneur and investor based in Hong Kong. An early advocate of blockchain, he co-founded Animoca Brands in 2014. The company now operat

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From Seoul to Beijing: Understanding why East Asia’s cautious crypto policy won't change
koreatimes112d ago

From Seoul to Beijing: Understanding why East Asia’s cautious crypto policy won't change

During the 1920s, the U.S. had a dream: that one day, anyone could become rich through investment in the stock market, and no one believed in that dream more than Charles Edwin Mitchell, a celebrated financial genius who, in his advocacy for the democratization of investing in the stock market to the masses, also subsequently singlehandedly triggered the Great Depression. "It became fashionable to invest in the stock market — a fad — and a new generation of unsophisticated investors entered the market eager to make their fortunes," Frederick Lewis Allen said of the decade, often nicknamed the Roaring '20s. Fast-forward a century later to the 2020s, and cryptocurrency has arrived as a global phenomenon proclaiming a future where wealth, once locked behind banking gates, would be open and democratized for all. Crypto advocates painted blockchain as not mere technologies, but instruments of "financial freedom." No more gatekeepers, no more intermediaries, just the retail masses empowered to control trade and multiply wealth at the fingertips of their smartphones. "Blockchain technology

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IRFC OFS open for retail investors today. Should you wait or subscribe?
economictimes_indiatimes112d ago

IRFC OFS open for retail investors today. Should you wait or subscribe?

IRFC's Offer for Sale (OFS) opened flat at Rs 104, with the government divesting a 2% stake. The issue saw 95% subscription from non-retail investors on the first day. Experts suggest IRFC remains fundamentally strong, with the OFS presenting a tactical opportunity for investors to reassess positioning.

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Innovator Deepwater Frontier Tech ETF (NYSEARCA:LOUP) Short Interest Update
watchlistnews112d ago

Innovator Deepwater Frontier Tech ETF (NYSEARCA:LOUP) Short Interest Update

Innovator Deepwater Frontier Tech ETF (NYSEARCA:LOUP – Get Free Report) saw a significant decrease in short interest in February. As of February 13th, there was short interest totaling 11,233 shares, a decrease of 89.6% from the January 29th total of 108,528 shares. Based on an average trading volume of 13,085 shares, the short-interest ratio is [...]

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