͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏

Forwarded this email? Subscribe here for more

The Rise of Social Payments, AI Disruptors, and Crypto Futures

The Daily Leo #631

Creativevoice [Uyobong]

Jan 30

READ IN APP

Welcome to The Daily InLeo! We pull the best articles in Finances, Crypto news, and Hive/Leo into one condensed information-packed space.
Be sure to follow @thedailyleo so you never miss the Daily LEO. You can also subscribe to the newsletter here Subscribe to the Daily InLEO

The fintech sector is undergoing rapid transformation as technology-driven financial services continue to reshape the global economy. From Elon Musk’s ambitious push to turn X into a full-fledged financial platform with Visa-powered payments to the growing influence of AI in financial markets, innovation is at the forefront. Meanwhile, Robinhood’s expansion into crypto futures signals the increasing institutionalization of digital assets, while community-driven blockchain initiatives like InLeo’s proposed memecoin demonstrate the evolving nature of decentralized finance. As fintech giants, AI disruptors, and blockchain pioneers compete for dominance, the industry is gradually shifting toward integrated, user-centric financial ecosystems. The featured articles are worth your reading time.

Elon Musk’s ‘X Money’ Partners with Visa For Payments

Elon Musk's X, formerly Twitter, has partnered with Visa to launch the X Money Account, a real-time payment service within the X platform for users in the United States. The development aims to transform X into an "everything app" by integrating social media and financial services, capitalizing on the growing digital payments market, enhancing user engagement, and creating new revenue streams. The X Money Account will support instant funding via Visa Direct, peer-to-peer payments, and bank transfers. This partnership aims to offer integrated payment solutions within the social media platform and redefine user engagement by offering various services within a single application. The development will position X and Visa to capitalize on the growing digital payments market. However, the success of X Money will depend on user adoption, regulatory compliance, and innovation in the digital payments market.

China's AI is Challenging Mayor Players such as OpenAI

DeepSeek, a Chinese AI company, is challenging major players like OpenAI in the field of artificial intelligence. DeepSeek is gaining attention and success for its efficient use of data and smaller models compared to competitors like OpenAI. DeepSeek's AI processing power rivals that of GPT-4, showcasing its exponential performance capabilities. DeepSeek's mobile applications have gained massive popularity with over 10 million downloads and high ratings. DeepSeek's success has impacted companies like NVIDIA, leading to a significant drop in market value. DeepSeek is facing accusations of unauthorized use of OpenAI's API, sparking tensions in the industry. DeepSeek was founded in 2023 and has recently gained popularity, surpassing 10 million downloads on mobile applications. Artificial intelligence is rapidly evolving and becoming a key factor in today's technological landscape. Robotics combined with AI has the potential to replace human tasks and improve efficiency.

Robinhood to roll out futures trading for Bitcoin

Robinhood is expanding its trading offerings to include futures contracts tied to Bitcoin, Ether, the S&P 500, and oil. The move reflects the growing demand for crypto-based derivatives and Robinhood's commitment to diversifying its offerings. Robinhood's entry into the futures market puts it in competition with established players like CME Group and Coinbase Derivatives Exchange. The move into futures trading is a response to the evolving preferences of retail investors seeking access to advanced trading tools and strategies. The increasing interest in Bitcoin futures indicates growing traction of cryptocurrencies among both retail and institutional investors.

InLeo Ideates a Memcoin on Solana

INLEO is proposing the idea of launching a memecoin for LEO on Solana. This move is to create entertainment and fun for the community, and potentially increase the treasury's holdings of LEO. To engage the Leo memcoin, commands on Inleo could be used to trigger funny actions. ChainFlip integration will provide access to Solana for swapping. The memecoin's treasury would buy and hold LEO tokens. The proposal is in its ideation stage with no specific timeline mentioned for the launch. Do you think the Leo memecoin is a good idea?

InLEO is a blockchain-based social media platform for Crypto & Finance content creators. Our tokenized app allows users and creators to engage and share content on the blockchain while earning cryptocurrency rewards.

Subscribe to The Daily InLeo and start being up to date with the crypto & finance world!

The Daily LEO is free today. But if you enjoyed this post, you can tell The Daily LEO that their writing is valuable by pledging a future subscription. You won't be charged unless they enable payments.

Pledge your support

Comment

Restack