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Only 5% of companies see artificial intelligence increasing the bottom line, says McKinsey’s Joe Ngai to Consensus

Almost every major company in the world is experimenting with artificial intelligence, but almost none are changing meaningfully as a result, McKinsey’s Greater China chairman Joe Ngai told Consensus Hong Kong on Thursday. Internal surveys show that 98% of business leaders report implementing some form of artificial intelligence, Ngai said. But when asked how much […]

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Gate CEO Lin Han says banks have lost the ‘existential’ war against stablecoins

The traditional four-year crypto cycle, long associated with bitcoins BTC$66,988.52 halving events, may be past. Han Lin, founder and CEO of Gate and an early proponent of bitcoin, told CoinDesk on Thursday that the digital asset market has matured into a global macroeconomic pillar, now moving in lockstep with U.S. stocks and AI-driven technological shifts

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Crypto industry experts at Consensus see Asian institutions turning to stablecoins

Hong Kong – Institutional crypto participation across Asia is moving into a more mature phase as regulators establish clear frameworks for stablecoins and exchange-traded funds. Major players now prefer market-neutral strategies and regulated vehicles to direct, directional exposure to digital assets. Vicky Wang, president of Amber Premium, highlighted this shift during a panel discussion at

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Pakistan’s Bilal Bin Saqib says crypto is a necessity, not a luxury

Pakistan didn’t just wake up one morning and decide it loves crypto, said the chairman of the country’s Virtual Assets Regulatory Authority (PVARA). The country was in the unusual position of having one of the largest crypto markets on the planet, but no railings at all, PVARA chairman Bilal Bin Saqib told Consensus Hong Kong

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ETHZilla begins offering tokenized jet engine leasing exposure through newly launched token

ETHZilla (ETHZ) has unveiled a tokenized aviation asset, marking a major step in its plan to bring real-world income-producing assets to Ethereum. The new offering, Eurus Aero Token I, gives accredited investors access to lease revenue from two commercial jet engines currently in use by a major US airline, ETHZilla announced Thursday. The deal, which

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Coinbase’s Armstrong, Ripple’s Garlinghouse among well-known crypto executives on US CFTC advisory panel

The US Commodity Futures Trading Commission, set to be a leading regulator of the crypto markets, has appointed some of the crypto sector’s most prominent leaders as members of its newly established Innovation Advisory Committee, including CEOs of Coinbase, Ripple, Robinhood and Uniswap Labs. The 35-member committee will steer the U.S. derivatives regulator on the

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Coinbase misses Q4 estimates as transaction revenue falls below 1 billion

Coinbase (COIN) missed fourth-quarter earnings forecasts on Thursday, thanks to weaker trading activity and lower crypto asset prices. The US-based crypto exchange had total revenue of $1.78 billion against estimates of $1.83 billion. Adjusted EPS of $0.66 was well below consensus of $0.86. Total transaction revenue of $983 million was below forecasts of $1.02 billion

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SBET executives urge to look beyond recent price action

As institutional adoption of digital assets matures, a new corporate playbook is emerging: treat ether not just as an investment, but as a productive financial infrastructure. The move comes amid sharp downward market volatility. SharpLink Gaming (SBET) – which saw its stock rise last May after adopting an ether ETH$1,921.58 treasury strategy — has since

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