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Learn Concept: The Rising Impact of Stablecoins on US Treasury
October 19, 2023
Within the vast landscape of the crypto market, stablecoins have carved out a significant niche for themselves. Worth noting, they have amounted to an immense value of approximately $120 billion …
Read moreAnthropic Develops Democratically Tuned AI with Public Input
October 19, 2023
AI firm Anthropic has partnered with the Collective Intelligence Project to democratize the development of AI by leveraging public input. Through an innovative experiment, called the 'Collective Constitutional AI', the …
Read moreFinancial Inclusion Through Digitalization, IMF Director Advocates
October 19, 2023
According to IMF Managing Director Kristalina Georgieva, digitalization could potentially offer a significant boost to financial inclusion. During a seminar on financial inclusion organized by the International Monetary Fund (IMF) …
Read moreBitcoin ETF Approvals Could Infuse $1 Trillion into Crypto Market, Predicts Analytics Firm
October 19, 2023
A wave of fresh capital is expected to flow into the crypto market, potentially near doubling Bitcoin's market cap, due to the possible approval of Bitcoin exchange-traded funds (ETFs). This …
Read moreOpenAI's Continued Strides: AI-Generated Image Tool, Middle East Expansion, and Partnerships
October 19, 2023
OpenAI, a leading player in the artificial intelligence industry, is reportedly developing a technology that can detect AI-generated images with 99% accuracy. The firm's Chief Technology Officer, Mira Murati, highlighted …
Read moreStablecoins Prove Dominant, Now 16th Largest U.S. Treasury Holders Globally
October 18, 2023
Quick Take A report suggests that stablecoins, with a total valuation of about $120 billion from the top five cryptocurrencies (USDT, USDC, BUSD, DAI, TRON), have emerged as significant holders …
Read moreECB Initiates Preparation Phase for Digital Euro, Release Not Guaranteed
October 18, 2023
The European Central Bank (ECB) has announced the progression of a digital euro project to the preparation phase. However, the bank has also clarified that this development does not guarantee …
Read moreUS Treasury Issues Sanctions on Gaza-Based Bitcoin Exchange Allegedly Tied to Hamas
October 18, 2023
The US Treasury has sanctioned a Bitcoin exchange based in Gaza associated with fundraising activities for Hamas, according to recent reports. The Office of Foreign Assets Control (OFAC) states that …
Read moreSpot Bitcoin ETFs Likely to be Approved by 2023, Predicts Mike Novogratz
October 18, 2023
Expressing his candid optimism for the Bitcoin industry, Galaxy Digital CEO, Mike Novogratz predicts an imminent 2023 approval for spot Bitcoin exchange-traded funds (ETF), in a recentinterview. Novogratz stressed on …
Read moreUK Dominates Crypto Activity in Europe with $252B Transactions
October 18, 2023
Platforms like OpenSea, Sorare, and Uniswap are popular among Britain’s crypto users, contributing to the country's substantial trading volume in the sector. The United Kingdom’s increasing regulation of crypto transactions …
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