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BIS Sees 'Important Role' for DeFi, Pushes for Increased Regulation


  A new report from the Bank for International Settlements (BIS), sometimes called the central bank of central banks, has come to a somewhat unexpected conclusion that decentralized finance (DeFi) could play “an important role” in the traditional financial system - but warned about potential...

MrBeast's IRL Squid Game Sees Contestants Just Running The Red Light


YouTuber James Steven “MrBeast” Donaldson’s Squid Game recreation is so popular on the video-sharing platform that its view count almost mirrors that of the hit Korean survival drama that inspired it. While it’s easy to get caught up in how accurate the non-lethal set was, it’s even easier to miss...

South African Fintech Raises $120 Million in Funding Round Led by Fidelity


A South Africa and London-based fintech startup, JUMO, recently revealed it has raised $120 million in a funding round led by Fidelity Management & Research Company. AI-Powered Financial Services According to a report by Techcrunch, financial services giant Visa and Kingsway Capital also...

Goldman Sachs: Gold Is Becoming Poor Man’s Crypto


Goldman Sachs’ head of energy research says, “Just like we argue that silver is the poor man’s gold, gold is maybe becoming the poor man’s crypto.” He sees funds starting to flow from gold into bitcoin as inflation fears escalate, noting that “We’ve...

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