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Big Tech Faces Financial Reckoning if Human-Level AI Doesn’t Arrive Soon

Sequoia Capital warns that the AI industry must generate around $600 billion in profit to justify current expenditures, highlighting the urgency for advancements in artificial general intelligence...

Vy Tran | Jul 08, 2024 11:50

Global Think Tank Report Believed Blockchain In Public Finance Able to Bring Down Fraud

The Official Monetary and Financial Institutions Forum (OMFIF), issued a report with suggestions for blockchain in a public finance management network offering data crucial to “formulate and...

| Oct 12, 2022 10:15

Maple Finance Released $300M lending pool Dedicated to Bitcoin Mining Entities

Crypto lending protocol Maple Finance and its delegate Icebreaker Finance reportedly revealed their initiative of offering a maximum of $300 million equivalent of secured debt financing to public and...

| Sep 21, 2022 11:45

Zircon Finance Released mainnet to Alleviate Impermanent loss On Moonriver

Zircon Finance, a Moonbeam-based automated market maker (AMM) and decentralized exchange reportedly disclosed details of a mainnet network release, to deal with impermanent loss issues in DeFi. ...

| Sep 16, 2022 11:35

Online brokerage M1 Finance Rolling Out New Crypto Trading Accounts

Regardless of bearish movements this year, online brokerage entity M1 Finance is prepared to release crypto trading accounts and trading services throughout the next few weeks. Specifically, the...

| Jul 14, 2022 10:53

India Introducing CBDC Using A Graded Approach, RBI Annual Report Shows

The Reserve Bank of India (RBI) reportedly put up a proposal for a three-step graded approach, regarding the CBDC release, which comes “with little or no disruption” to the traditional financial...

| Jun 02, 2022 14:25

Global Financial Regulators Gather to Talk About Crypto Regulations At G7 Conference

Central bank governors and finance ministers from the Group of Seven (G7) reportedly have plans down their pipeline to hold discussions regarding the regulations of cryptocurrencies. Specifically,...

| May 18, 2022 10:00

El Salvador’s Central Bank Granted Greenlight to Qredo’s Registration For Releasing Crypto Services

Decentralized finance entity Qredo has reportedly obtained the greenlight to register as a Bitcoin (BTC) service provider in El Salvador. Specifically, Qredo reportedly revealed that the Central...

| May 06, 2022 11:30

Greyscale CEO appeals Bitcoin spot ETF in the midst of SEC’s support for BTC Futures ETF

Recently, institutional investors reportedly rejoice as another avenue to invest in Bitcoin (BTC) has emerged. The Securities and Exchange Commission (SEC) of the United States approved a fourth...

| Apr 09, 2022 10:31

Japan-based Nomura Deep-dives Into Crypto & NFTs With Formation Of New Division

Wealth management giant Nomura Holdings has reportedly disclosed details related to the formation of its digital assets team, to deep-dive into potential opportunities in the asset class....

| Mar 04, 2022 16:51