[Fortune] Governments around the world are issuing blockchain versions of their currency—and not everyone is a fan. In countries around the world, central bank digital currencies (CBDCs) are poised to change the way average citizens use money. In the coming decade, billions of people are likely to use CBDCs—a new […]
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[CNBC, Getty Images] KEY POINTS Digital currency markets are on edge after a flurry of aggressive regulatory actions from U.S. authorities over the past few days. On Monday, the New York State Department of Financial Services told Paxos to stop minting new Binance USD — or BUSD — stablecoins. The […]
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[Business Insider] This week Sundar Pichai, the CEO of Google, announced that his company’s internet search engine — the way the vast majority of humans interact with a near-total corpus of human knowledge — is about to change. Enter a query, and you’ll get more than pages and pages of links, along […]
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[ISO, Cryptopolitan] About ISO 20022 WHAT IS ISO 20022 A single standardisation approach (methodology, process, repository) to be used by all financial standards initiatives ISO 20022 is a multi part International Standard prepared by ISO Technical Committee TC68 Financial Services It describes a common platform for the development of messages using: […]
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[GoBankingRates, iStock] The past year made crypto investors rethink security — and with billions lost through scandals like the FTX collapse, who could blame them? Whether you’re a novice or a veteran trader, your holdings are only as secure as your private keys, which means your choice of wallet might […]
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[Entrepreneur, UnSplash] While the tech world is evolving with advanced tools like ChatGPT being free (at present) for users. We must make use of these resources to better our performance and make life easier. If you are wondering what use would an AI chatbot be to you for daily tasks. […]
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[CNBC, Getty Images] KEY POINTS Crypto.com laid off 20% of its workforce, CEO Kris Marszalek told employees, saying the crypto exchange’s ambitious growth was unable to withstand the collapse of Sam Bankman-Fried’s FTX. Crypto.com, which acquired the naming rights for the former Staples Center in a $700 million deal, said […]
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[Reuters] Jan 4 (Reuters) – U.S. prosecutors are in the process of seizing shares of Robinhood Markets Inc (HOOD.O) tied to Sam Bankman-Fried, who has been charged with fraud in the collapse of the FTX cryptocurrency exchange, a U.S. attorney told a judge on Wednesday. The Department of Justice did not believe the 56 […]
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[Bloomberg] The Tesla CEO has seen his wealth tumble in recent weeks after shares of the electric car maker tumbled. Elon Musk was the second person ever to amass a personal fortune of more than $200 billion, breaching that threshold in January 2021, months after Jeff Bezos. The Tesla Inc. chief executive officer has […]
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[CNN Travel, Bloomberg, Getty Images] Relief is still a few days away for passengers booked with Southwest Airlines this week, as the beleaguered airline continues to grapple with what US Transportation Secretary Pete Buttigieg has referred to as a complete meltdown of the system. Out of the 2,770 cancellations already […]
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