Search
Meta’s AI boss says current AI lacks ‘intelligent behavior’ — Report
27.5.2025
Current artificial intelligence models lack the major traits of human intelligence, Meta’s AI chief has reportedly said, claiming that the firm’s latest model will solve this issue. Business Insider reported on May 26 that at the AI Action Summit in Paris earlier this year, Meta...
Meta’s AI boss says current AI lacks ‘intelligent behavior’ — Report
27.5.2025
Current artificial intelligence models lack the major traits of human intelligence, Meta’s AI chief has reportedly said, claiming that the firm’s latest model will solve this issue. Business Insider reported on May 26 that at the AI Action Summit in Paris earlier this year, Meta...
Asia Morning Briefing: Thai Banks May Soon Hold Crypto, SCB10X CEO Signals Sandbox Push
27.5.2025
PLUS: SCB10X's new CEO, Kaweewut Temphuwapat, predicts clearer regulations and fintech innovation in Thailand will drive stronger crypto deal flow across Southeast Asia
France’s Blockchain Group to buy 590 Bitcoin after bond sale
27.5.2025
The Paris-based crypto company Blockchain Group is adding more Bitcoin to its growing treasury through a 63.3 million euro ($72 million) bond sale.The company hopes to buy another 590 Bitcoin (BTC) with the funds, increasing its total holdings to 1,437 BTC, the Blockchain Group said on...
France’s Blockchain Group to buy 590 Bitcoin after bond sale
27.5.2025
The Paris-based crypto company Blockchain Group is adding more Bitcoin to its growing treasury through a 63.3 million euro ($72 million) bond sale.The company hopes to buy another 590 Bitcoin (BTC) with the funds, increasing its total holdings to 1,437 BTC, the Blockchain Group said on...
Another suspect to surrender in NYC crypto torture case: Reports
27.5.2025
A second person suspected of being involved in a high-profile crypto kidnapping case in New York City is expected to turn himself in to police, according to several reports.The second man is a Swiss crypto investor who allegedly assisted business partner Joel Woeltz, who is accused of kidnapping...
Another suspect to surrender in NYC crypto torture case: Reports
27.5.2025
A second person suspected of being involved in a high-profile crypto kidnapping case in New York City is expected to turn himself in to police, according to several reports.The second man is a Swiss crypto investor who allegedly assisted business partner Joel Woeltz, who is accused of kidnapping...
Bitlayer secures 31.5% of Bitcoin's hashrate to bring smart contracts to BTC
27.5.2025
Bitlayer’s Bitcoin smart-contract system is being implemented by mining pools behind 31.5% of the network’s hashrate, a development that will help ensure that its system will operate on the Bitcoin blockchain, the company said.According to a May 27 announcement shared with...
Bitlayer secures 31.5% of Bitcoin's hashrate to bring smart contracts to BTC
27.5.2025
Bitlayer’s Bitcoin smart-contract system is being implemented by mining pools behind 31.5% of the network’s hashrate, a development that will help ensure that its system will operate on the Bitcoin blockchain, the company said.According to a May 27 announcement shared with...
Wall Street’s Crypto Coup? Mega Banks Quietly Gear Up for Stablecoin Entry
23.5.2025
America’s leading financial institutions are eyeing stablecoins, and a recent report reveals that multiple banks are quietly collaborating on ventures to debut crypto assets tethered to the U.S. dollar. WSJ: Stablecoin Bloc Forms Behind Closed Doors Should the Guiding and Establishing National...
Major U.S. Banks Mull Jointly Launching Stablecoin: WSJ
23.5.2025
Such a stablecoin, potentially open to other banks, aims to improve transaction speeds and efficiency while fending off competition from crypto firms
US big banks hold early talks on joint crypto stablecoin: WSJ
23.5.2025
Some of the biggest banking companies in the US are reportedly exploring a team-up to launch a crypto stablecoin.Companies owned by JPMorgan, Bank of America, Citigroup and Wells Fargo have discussed the possibility of jointly issuing a stablecoin The Wall Street Journal reported on May 22, citing...
US big banks hold early talks on joint crypto stablecoin: WSJ
23.5.2025
Some of the biggest banking companies in the US are reportedly exploring a team-up to launch a crypto stablecoin.Companies owned by JPMorgan, Bank of America, Citigroup and Wells Fargo have discussed the possibility of jointly issuing a stablecoin, The Wall Street Journal reported on May 22, citing...
Global Dollar USDG Eyes Hundreds of Partners Attracted by Yield, Sees 'Big Names' From TradFi
22.5.2025
Banks and large TradFi firms are preparing to join the Global Dollar network alongside firms like Robinhood, Galaxy and Anchorage, founding member Kraken said
Eric Trump: 'The Banks Made The Biggest Mistake of Their Lives'
16.5.2025
The son of U.S. President Donald Trump spoke at CoinDesk's Consensus conference in Toronto, Canada on Friday
90% of institutions ‘taking action’ on stablecoins: Fireblocks survey
16.5.2025
A new report from enterprise-grade digital assets platform Fireblocks shows that 90% of institutional players are either using or exploring the use of stablecoins in their operations.The report, published May 15, surveyed 295 executives across traditional banks, financial institutions, fintech...
Central banks testing smart contract toolkit under BIS Project Pine
16.5.2025
Central banks are experimenting with smart contracts to implement monetary policy in tokenized environments, signaling a growing interest in integrating blockchain technology into traditional finance (TradFi).According to a joint research study by the Federal Reserve Bank of New York’s...
PayPal Crypto Head Says Banks Are Needed to Unlock Full Stablecoin Potential
15.5.2025
At Consensus 2025, leaders from PayPal and MoneyGram pointed to regulation, real-world utility and trust as keys to stablecoin growth
US Community Banks Are Shrinking—Crypto Could Be the Cure, Says Digital Chamber
15.5.2025
U.S. community banks face extinction-level risk as they ignore crypto rails and real-time payment tech, warns top digital asset advocate. Crypto Offers Lifeline as US Community Banks Continue to Shrink Cody Carbone, newly appointed chief executive officer of the Digital Chamber, voiced concern...
Banks Exploring Stablecoin Amid Fears of Losing Market Share, BitGo Executive Says
14.5.2025
BitGo’s stablecoin-as-a-service has drawn significant interest from U.S. and international banks, Ben Reynolds said