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Central Bank of Brazil Hints at a Future Integration of AI Into Its CBDC


The Central Bank of Brazil has hinted at implementing artificial intelligence (AI) and data monetization processes into Drex, its central bank digital currency (CBDC). In a recent presentation, Roberto Campos Neto, the Central Bank of Brazil’s president, stressed that the bank’s...

Fed Chair Powell Signals Confidence in Inflation Control, Hints at Rate Cuts


Federal Reserve Chair Jerome Powell expressed confidence in the central bank’s progress in reducing inflation, suggesting that rate cuts may be on the horizon. Speaking at the Jackson Hole economic symposium, Powell emphasized the Fed’s commitment to achieving its 2% inflation target...

NYT Connections Hints: Friday, August 16


Happy Friday! Time to wake up your gray matter to get your weekend rolling. Going to see Alien: Romulus? If you haven’t checked out the previous Alien movies, you might not have the stomach for that. But let’s start with your brain.Read more

Coinbase Hints at the Launch of Its Wrapped Bitcoin Alternative on Base


Coinbase, one of the largest U.S.-based cryptocurrency exchanges, has hinted at the launch of its own wrapped bitcoin alternative, cbbtc. On X, Coinbase posted the currency name, followed by another post stating that it was coming soon. Jesse Pollak, the creator of Base, Coinbase’s incubated...

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