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Nalezeno "AI Efforts": 428

US DOJ Ramps Up Efforts to Crack Down on DeFi Hacks and Thefts


The alarming rate of DeFi hacks has caught the attention of the US Department of Justice.  A recent Financial Times report disclosed that the DoJ referred to these thefts and hacks as a “pretty significant issue.” Apart from other bad actors’ hacks and exploits, the North Korean hackers have...

Syria Urges BRICS to Lead in Ditching Dollar, Talks Yuan Adoption With China


BRICS nations can lead efforts to abandon the U.S. dollar in international settlements, according to President Bashar Assad of Syria. At a meeting with China’s top diplomat for the region, the leader of the war-torn Middle Eastern country called for using the Chinese yuan for cross-border trade....

Russian Official Expects Agreement on BRICS Currency This Year


The chairman of the State Duma Committee on the Financial Market says that an agreement on the BRICS currency can be reached in 2023 as BRICS nations ramp up their de-dollarization efforts to shift away from U.S. dollar reliance. “By linking its economy and currency to politics, the U.S....

US Government in Talks to Rescue Struggling First Republic Bank, Sources Say


Sources have revealed that U.S. government officials are in talks to rescue First Republic Bank, a struggling financial institution. The discussions involve the U.S. Treasury, the Federal Deposit Insurance Corporation (FDIC), and the Federal Reserve, according to reports on Friday. Private-Sector...

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