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Nalezeno "AI in finance": 8455

Surge in Digital Asset Management: Study Shows Nearly 50% of Asset Managers Now Handle Crypto

8.9.2023
Close to half of asset managers currently have digital assets under management, according to a new study. Firms large and small are implementing crypto strategies for clients and expanding offerings. Asset Managers Embrace Crypto: 48% Now Manage Digital Assets The study by digital currency data...

Ripple Acquires Crypto Financial Services Company Fortress Trust

8.9.2023
Ripple, a leading blockchain and cryptocurrency company, has acquired Fortress Trust, a Nevada-licensed financial services provider for the crypto industry. The purchase expands Ripple’s regulatory licenses and infrastructure to bolster its position in enterprise blockchain solutions. Ripple...

Ripple Acquires Crypto-Focused Chartered Trust Company Fortress Trust

8.9.2023
A person with knowledge of the matter said the figure was less than the $250 million price tag for custody firm Metaco, which Ripple acquired in May

Eric Chen, CEO of Injective Labs, on Building Finance Specific Blockchains and the Current State of DeFi | Ep. 263

8.9.2023
In an exclusive interview with cryptonews.com, Eric Chen, CEO of Injective Labs, talks about building blockchains specifically for finance, driving industry growth and redefining community engagement, and the current state of DeFi.... Read More: Eric Chen, CEO of Injective Labs, on Building Finance...

Crypto Firm LBRY to Challenge Ruling It Violated U.S. Securities Law

8.9.2023
The blockchain-based file-sharing network had indicated it would be winding down after a New Hampshire court ruled in favor of the SEC last November

MicroStrategy's Large Bitcoin Impairment Losses Have Given a False Impression: Berenberg

8.9.2023
FASB accounting rule changes should help companies that hold digital assets to eliminate the poor optics that have been created by impairment losses, the report said

Coinbase Targets Regulatory Clarity in International Expansion Plan

8.9.2023
Coinbase is looking at "markets that are enacting clear rules" for the crypto industry, with the European Union, U.K., Canada, Brazil, Singapore and Australia its near-term priorities

Ethereum Foundation Issues 18 Grants for Account Abstraction Initiatives

8.9.2023
The Ethereum Foundation has announced the completion of its grants program to finance projects related to implementing ERC-4337, the account abstraction standard. 18 projects were selected to be part of this batch of grants, which feature different functionalities, including creating educational...

Fraud Lawsuit Against Michael Egorov, the CEO of DeFi Giant Curve, Is Quashed in California

7.9.2023
A judge ruled a California courtroom is the wrong venue since Egorov wasn’t living in the state when the alleged misdeeds took place

FASB's Crypto Accounting Shakeup Could Lure More Corporate Investment, Michael Saylor and Others Argue

7.9.2023
The U.S. accounting standards board yesterday unanimously voted in favor of "fair value" accounting for crypto assets held on corporate balance sheets

Crypto Exchange Kraken's UK Derivatives Unit Looking to Expands Its Service: Bloomberg

7.9.2023
The firm is looking move into a void in the crypto derivatives market left when FTX collapsed last November

Coinbase-Backed Insurance Alternative OpenCover Debuts on Layer 2 Blockchain Base

7.9.2023
OpenCover, which raised $4 million in a seed round led by the likes of NFX and Jump Crypto, received a $200,000 funding bump from Coinbase to bolster its debut on Base

Ark Invest, 21shares, and Vaneck Forge Ahead With Spot Ethereum ETF Applications

7.9.2023
The U.S. Securities and Exchange Commission (SEC) has temporarily postponed its ruling on seven bitcoin exchange-traded fund (ETF) applications. Meanwhile, a fresh wave of applications has emerged, with Ark Invest and 21shares, in addition to Vaneck, seeking approval for spot ethereum ETFs. These...

Report: Nintendo Is Holding Secret Switch 2 Demos For Developers

7.9.2023
A successor to Nintendo’s massively popular Switch gaming console has been rumored for years, but actual Switch 2 hardware now appears to be out in the wild. Eurogamer reports that Nintendo used a special version of The Legend of Zelda: Breath of the Wild to demo the new console for developers...