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Prepare to be amazed as the realms of history and genius collide in a mesmerising chess showdown between the legendary Confucius and the iconic Einstein. While you may think youve missed out on witnessing this epic clash, fear not!

University Tunku Abdul Rahmans Kampar Campus in Malaysia unveils a remarkable bronze sculpture that brings these intellectual figures to life, allowing you to immerse yourself in the captivating spectacle of their strategic battle.

As you stroll through the Kampar Campus, your eyes will be drawn to a remarkable sight a chessboard where Confucius and Einstein lock horns in an epic intellectual face-off.

Lets meet our players!

Introducing Confucius, the formidable first player. With his sharp intellect and strategic prowess, he manoeuvres his pieces with precision. He is a symbol of ancient wisdom, a sage whose teachings transcend the game.

As the second player in this captivating chess battle, Einstein takes his seat with an air of curiosity and unbounded intellect. Renowned for his groundbreaking contributions to the realm of physics, he proves that the true power of genius lies not only in unravelling the secrets of the universe but also in the art of strategic thinking.

The chessboard itself symbolises the intricate dance between the Eastern and Western intellectual traditions. Each move on the board reflects the ongoing dialogue between these two worlds, highlighting the richness that arises when diverse perspectives converge.

The Universality of Learning and Thinking sculpture at UTARs Kampar Campus in Malaysia features both English and Chinese inscriptions, displaying the merging of Eastern and Western wisdom, a commitment to fostering an inclusive and global learning environment.

The chess match between Confucius and Einstein is a collaborative spirit necessary for solving the complex challenges of our time. It urges us to seek common ground, bridge gaps, and tap into the collective wisdom of different cultures.

The images of the statues were shared by a Twitter user @Ruhichess.

So, what do you think? Would you go and visit and immerse yourself in the wisdom of the East and the brilliance of the West?

Also read: Michael Jacksons Concert Ticket in KL Was Only RM350 in 1996, Msians Reminisce the Good Ol Days

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East Meets West Confucius & Einstein Clash in a Mesmerising ... - WORLD OF BUZZ

Alex Dovbnya

BlockFi, once a thriving cryptocurrency lending platform, has now announced plans for liquidation amid bankruptcy proceedings

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BlockFi, a bankrupt cryptocurrency lender, has announced plans to liquidate its crypto lending platform, citing that a sale of the business wouldn't provide substantial value for its creditors, the Wall Street Journal reports.

The Jersey City-based company came to this conclusion after unsuccessful attempts to solicit sales of its digital assets platform and about 660,000 client accounts since January, attributing recent regulatory changes as a critical factor in the lack of suitable offers.

The amount recoverable by clients hinges heavily on the outcome of ongoing litigation against entities such as crypto exchange FTX, Alameda Research, Three Arrows Capital, and Core Scientific,which could collectively affect recoveries of up to $1 billion.

However, regulatory issues arose in 2021 when several states claimed BlockFi's interest accounts were unregistered securities. The situation worsened in 2022. It settled withthe SEC for $100 million and faced a big blow following the collapse of FTX, a crucial credit facility provider.

BlockFi eventually filed for bankruptcy in November 2022, leaving more than 100,000 creditors in a state of uncertainty.

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Bankrupt BlockFi to Dissolve Cryptocurrency Lending Platform - U.Today

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Finance Magnates CY Limited

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North Korea has stolen US$721 million in Japanese cryptocurrency assets since 2017 - ForexLive

Regulators across the globe have been debating cryptocurrencies like Bitcoin for the last several years. Many people are already discovering cryptocurrencys immense potential in use-cases including cross-border commerce and global financial inclusion, despite some technology skeptics long-held belief that it cannot compete with fiat currencies owing to its decentralized and distributed nature.

Crypto is used everywhere, from boardroom financial sheets to the sale of digital artwork. And while if awareness of blockchain technology may have almost completely spread (you can often locate a Bitcoin ATM at a pub), how much it will change and disturb how we live is yet unknown.

There is a chance that cryptocurrency may be listed on the Nasdaq, which would lend blockchain and its applications as a substitute for traditional currencies even more legitimacy.

Some claim that all cryptocurrency needs is a trustworthy exchange-traded fund. There is little doubt that an ETF would make it simpler for consumers to invest in Bitcoin, but there still has to be a demand for cryptocurrency investments, which may not be shaped automatically by a fund.

The increasing institutional acceptance of cryptocurrencies is a key symptom of the shifting viewpoint on them. Banks, hedge funds, and asset management companies are just a few traditional financial organizations that have begun to acknowledge the potential advantages of cryptocurrencies. Significant businesses like PayPal, Tesla, and Square have adopted cryptocurrencies and accept Bitcoin as a form of payment.

The issue of cryptocurrency regulation has been a point of contention for governments everywhere. Many governments first regarded the hazards connected to digital currencies, such as money laundering and terrorist funding, with skepticism and alarm. But as knowledge of cryptocurrency has grown, regulatory frameworks have started to take form. By enacting beneficial policies to entice blockchain and cryptocurrency enterprises, certain nations, like Switzerland, Malta, and Singapore, have welcomed cryptocurrencies.

Professional developers are consistently making improvements to the crypto mining industry while planning newer approaches to reduce the process energy consumption over time. In addition, new cryptocurrency players appear every day with the ability to create blocks more rapidly, have higher transactional rates, and have better software development settings.

Some of the current drawbacks of cryptocurrencies, including the potential for a computer crash to wipe out ones digital wealth or for a hacker to ransack a virtual vault, may be resolved in the future thanks to technical advancements.

While the proportion of businesses accepting cryptocurrency has constantly grown, it is still a relatively small number. Cryptocurrencies must first be generally accepted by customers in order to be used more often. With the exception of those who are digitally savvy, their considerable complexity in comparison to traditional currencies will, however, probably discourage most individuals.

Consider treating your investment in cryptocurrencies the same way you would any other highly speculative endeavor if you are thinking about doing so. In other words, be aware that there is a chance you might lose most or perhaps all of your money. As previously mentioned, a cryptocurrency has no inherent worth other than the price a customer is willing to pay for it at the moment. For instance, within the period of six hours on April 11, 2013, Bitcoin dropped from $260 to around $130.

A cryptocurrency would need to adhere to a number of rules if it wanted to enter the conventional banking system. Even while such a scenario seems unlikely, there is no question that how well or poorly Bitcoin handles its current problems might have an impact on the future success of other cryptocurrencies.

Read more:

Changing Perspective of Cryptocurrency Across the World - The Coin Republic

New research from the University of Nevada, Reno College of Business and Vanderbilt University explores how celebrity endorsement affects an initial coin offerings (ICO) success. Similar to initial public offerings (IPO) in stock, ICOs raise funds to develop things like a platform or business by issuing a new cryptocurrency before it is traded on an exchange.

Dr. Sean Wilkoff, assistant professor of finance at the University of Nevada, Reno, and Dr. Joshua T. White, assistant professor of finance at Vanderbilt University, previously researched the role of media coverage in the non-fungible tokens (NFTs) market and decided to explore the role of celebrity endorsements in the ICO market. The researchers wanted to find if endorsement works as a substitute for other demand-driving events for cryptocurrencies, such as a presale, if celebrity endorsement increases the overall amount of funds raised and if ICOs with celebrity endorsements had a higher likelihood of being scams.

The media is seen as reputable, and our research found that media reporting on NFTs educated investors about the NFT market, Wilkoff said. With celebrity endorsement, its a different story because celebrities are not defined solely by their ability to provide reputable financial advice.

The research examined 21 celebrities with an online following of 1 million or more people on at least one platform who endorsed an ICO between 2016 and 2018. Celebrities looked at were actors, athletes, a businessman, reality television stars, and a member of royalty.

Research findings indicated that celebrity endorsements can serve as an effective substitute for other demand-driving events, like a pre-sale, but that without a pre-sale, investors lose information such as price signals about the viability of the token, its platform and management team. Celebrity endorsements raise more money at the ICO and have a higher likelihood of being added to an exchange, likely due to the additional capital raised. However, these effects do not translate into long-term success. Researchers also found that celebrity endorsements are more likely to be a scam, especially when the celebritys expertise (e.g., a boxer) does not match that of the platform being built (e.g., a streaming video service). These findings are not generalizable to all investments, just ICOs.

An endorsement is not always a signal of quality, and there is a link between celebrity endorsement and the investment being a scam, Wilkoff said. However, it is important to remember that not all endorsed ICOs are scams and not all scams are celebrity-endorsed.

Recently, many celebrities such as Shaquille O'Neal were implicated in the lawsuit against Futures Exchange (FTX), for endorsing the cryptocurrency exchange, which collapsed as allegations of illegal activity were made public.

Taylor Swift was offered a deal to endorse FTX but declined after doing her research on it, Wilkoff said. Celebrities should conduct due diligence and research any cryptocurrency-related digital asset or exchange before endorsing it and investors should not just blindly trust a celebrity endorsement.

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Research from College of Business explores impact of celebrity ... - Nevada Today