01/06/2023
Undertaking an AI audit and assessing how AI use aligns with business objectives are just two of the measures that firms should consider to best prepare themselves for the new regulatory regime.
01/05/2023
This violated New York Banking Law and the DFS virtual currency, money transmitter, transaction monitoring, and cybersecurity regulations.
01/05/2023
This includes the lay off of 200 staff at a total ccost of $12 million in severance payments, and an impairment charge of $196 million related to the buy out of Diem.
01/04/2023
Officials said in a statement that it was important that risks that can’t be controlled aren’t allowed to migrate to the banking system.
01/04/2023
GammaRey said it has nearly $800 million in consumer assets.
01/04/2023
Boost.ai says the technology is also helping employee focus on the complex tasks they were trained for rather than more menial administrative work.
01/04/2023
OpenAI’s ChatGPT became rather eloquent at answering questions, having trained on large transformer-based language models that specialise in conversations
01/03/2023
CoinDesk research shows that per unit of risk, bitcoin and ether performed significantly better than bonds and had similar results to equities in 2022.
12/28/2022
The Company expects that trading on Nasdaq will resume on Wednesday, 28 December 2022 after the Company makes an announcement that is expected to be released before opening of trading on Wednesday, 28 December 2022.
12/28/2022
Gold is a stored value and so is bitcoin.
12/27/2022
To put it simply, a rob-advisor is an automated financial advisor that offers financial counsel and undertakes the management of investments with regulated or minimal human intervention.
12/23/2022
The directives aim to assist claimants in proving the causation of damages and product defectiveness in complex AI systems, creating legal certainty for providers.
12/23/2022
Unlike other blockchains, BSV is focused on utility, not speculation, and Centbee is working hard to further Bitcoin’s adoption as a true peer-to-peer electronic cash system.
12/23/2022
On top of crypto-specific failures, investors have also had to contend with rising interest rates, which have put pressure on risk assets, including stocks and crypto.
12/23/2022
Under the new prudential standard, commercial banks can only have 2% exposure to ‘unbacked’ digital assets, stablecoins “with ineffective stabilization mechanisms,” or even tokenized traditional assets.
12/23/2022
Called Whampoa Digital, the arm will invest - and incubate - in so-called early-stage ventures that develop blockchain infrastructure as well as Web3 applications that help the technology to become more popular and widely adopted.
12/22/2022
The recent collapse of exchange platform FTX and the 200 percent decline in the global cryptocurrency market has significantly dented confidence in Bitcoin again among speculative investors.
12/21/2022
Crypto ownership in Asia – especially amongst the wealthy – is no longer a hot talking point as the region achieved widespread adoption in 2022.
12/21/2022
The paper is the first technical piece to come out a new initiative from the Visa Crypto team as it bids to broaden its core competencies in the Web3 infrastructure layers and blockchain protocols that are driving crypto development.
12/20/2022
The company plans to expand to other geographies in East Africa in the near future.