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Artificial Intelligence Trend is Accelerating With ‘Lion’s Share’ in the U.S.: Morgan Stanley
15.8.2023
The banking giant said in a report that around 15% of companies quantified a revenue or cost-benefit from applying machine learning in the first half of the year
Europe's First Spot Bitcoin ETF Lists in Amsterdam
15.8.2023
Jacobi first won approval for the fund in October 2021 with plans to list it in 2022. However the firm opted to push back its plans due to inopportune circumstances elsewhere in the digital asset market
Ex-FTX exec Salame won’t testify in alleged illegal campaign donation case
15.8.2023
Ryan Salame plans to plead the Fifth if he is asked to testify at Sam Bankman-Fried's criminal trial, according to United States prosecutors
‘Green Finance’ Options Emerge for China’s Digital Yuan
15.8.2023
More Chinese firms are using the digital yuan, the nation’s central bank digital currency (CBDC), to access funding for “green” business projects.
Per Nanfang Daily News (via SouthCN), an electronics firm in Guangdong Province, Southeast China, became the first company in the province to access...
Latest superseding indictment against Sam Bankman-Fried includes campaign finance allegations
14.8.2023
The U.S. Justice Department dropped a campaign finance violations charge on Sam Bankman-Fried's indictment in July, but said it will consider the alleged scheme in other counts
Report: Embracer's $2 Billion Deal That Blew Up Was With Saudi Arabia
14.8.2023
Embracer Group, the Swedish holding company that’s been buying up everything from Borderlands maker Gearbox Entertainment to the rights to The Lord of the Rings, saw its stock plummet earlier this year when a mystery $2 billion deal collapsed at the last minute. Axios now reports that the partner...
BRICS Is No Joke, Bloc Could Become G7 Counterpart, Experts Say
14.8.2023
The BRICS challenge to the world’s established economic order is not a joke, according to experts in the field of international relations. Now that the bloc, which unites leading emerging markets, accounts for over a quarter of the global gross domestic product (GDP), it could become a counterpart...
Defi Market Rebounds: Value Locked Rises to Nearly $42 Billion, Token Market Swells
13.8.2023
On the verge of dipping below the $40 billion mark on August 2, the overall value locked in decentralized finance (defi) has made a comeback, rising to over $41 billion. Additionally, the defi crypto sector has swelled to $45.08 billion, reflecting a 6.17% rise in just a day. Defi Resurgence:...
Redefining Possibilities in RWAs: BG Trade Gears Up for 2 Exchange Listings and IDO Debut
12.8.2023
PRESS RELEASE. In the ever-evolving landscape of finance and investments, BG Trade has emerged as a trailblazing platform that reshapes real-world assets (RWA) issuance and trading. The company’s innovative approach introduces a groundbreaking concept known as the “Meta-Asset...
Curve Finance vows to reimburse users after $62 million hack
12.8.2023
The platform further emphasizes its current priority, which revolves around assessing the proportional portions of each impacted user
Curve Finance vows to reimburse users after $62M hack
12.8.2023
The platform said it would assess each impacted user for reimbursement
Russia to Test Digital Ruble in 11 Cities, Moscow Subway
12.8.2023
Russia’s capital Moscow and 10 other cities will host pilot tests for the digital ruble, Bank of Russia Deputy Governor Olga Skorobogatova announced. Over a dozen Russian banks are going to take part in the trials with real transactions and users scheduled to commence in mid-August. Russia Prepares...
DeFi tries to recover from Curve hack, but exploits continue: Finance Redefined
12.8.2023
Binance jumped in with a $5 million Curve token investment to help with efforts to minimize the risk of contagion
DeFi tries to recover from Curve hack, but exploits continue: Finance Redefined
12.8.2023
Binance jumped in with a $5 million Curve token investment to help with efforts to minimize the risk of contagion
Spot Bitcoin ETF Applications Face More Delays
11.8.2023
The U.S. Securities and Exchange Commission (SEC) on Friday asked for additional public feedback on a proposal to list a spot bitcoin exchange-traded fund (ETF), likely delaying any decision on the high-profile applications. SEC Seeks Public Opinion on Spot Bitcoin ETF The SEC put out a 34-page...
'Good Luck' Convincing a Jury: Cameron Winklevoss Rebuts DCG Court Filing
11.8.2023
His Gemini crypto exchange and conglomerate Digital Currency Group are battling – in and out of court – over the failure of Gemini's Earn lending service
Base’s Rapid Ascent: 136,000 Daily Users and $175 Million TVL in Ethereum’s L2 Defi Space
11.8.2023
Base, the Ethereum layer two (L2) scaling solution supported by Coinbase, has experienced over $175 million funneled into its decentralized finance (defi) protocol since its creation. The majority of value locked comprises 75,244 ether and nearly $26 million worth of the USDC stablecoin....
Visa Eyes Mass Adoption of Crypto by Testing On-Chain Gas Fee Payment Through Fiat
11.8.2023
Visa says managing ether (ETH) balance to cover gas fees is “burdensome” and too complex, according to a blog post
Struggling Crypto Custodian Prime Trust Looks Poised for Potentially Massive Layoffs, Sources Say
11.8.2023
Nevada regulators recently ordered the crypto company, which BitGo had planned to buy, to cease operations and noted a shortfall in customer funds
Campaign-Finance Charges Are Back on the Menu
11.8.2023
I didn’t really have anything prepared to write about this week but the Department of Justice is on it. Prosecutors told the judge overseeing Sam Bankman-Fried’s criminal trial that they intend to fold campaign finance allegations into a wire fraud charge, after announcing they would have to drop...