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Jane Street, Jump Trading Cut Down Crypto Operations Amid Regulatory Clampdown In The US
Market makers Jane Street and Jump Trading are pulling back from their cryptocurrency operations due to increasing market scrutiny by the US,…
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Wendy’s Workers Get a Digital Competitor; AI-Powered Chatbot Can Now Take Orders
Wendy’s is introducing an AI-driven chatbot to automate its drive-thru service. Trained on Google’s natural-language software, the chatbot can understand customer orders,…
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Ripple Takes Aim At Dubai Market, CEO Reveals
Ripple announced in a press release that the company plans to expand in Dubai. Ripple CEO Brad Garlinghouse sees Dubai as a…
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Crypto Exchange Bittrex Files For Bankruptcy Weeks After SEC Enforcement Action
Bittrex, a crypto trading platform, has sought Chapter 11 bankruptcy protection in the District of Delaware. Filed May 8 before the U.S.…
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Binance Pauses Bitcoin Withdrawals for the Second Time, Citing ‘Backlog of Pending Withdrawals’
Binance was forced to halt Bitcoin (BTC) withdrawals for the second time Sunday evening U.S. time over a ‘large volume of pending…
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With A Rebound In US Financial Markets, Asian Markets Look To Follow Suit
As US financials experience a rebound, Asia’s stock markets are poised to climb this week. The surge in the S&P 500 by…
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Geoffrey Hinton, One Of The Godfathers of AI, Quits Google And Issues A Warning For The Future
Geoffrey Hinton, one of the pioneers of artificial neural network and deep learning technology, has vacated his position at Google to freely…
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BTC Retests Immediate Support At $28,500, ETH Plots False-Break Around $1,928; Bitcoin And Ethereum Technical Analysis
Key Findings: BTC Technical Analysis Bitcoin Technical Analysis As it came into contact with the weekly resistance through a bearish breaker region,…
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AI May Replace 300 Million Jobs; Although Generative AI May Also Boost Labor Productivity
A recent report from Goldman Sachs, one of the largest US banks, found that artificial intelligence may replace over 300 million full-time…
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HSBC Survives Bid By Top Shareholder To Spin Off Lucrative Asian Operations
Top global bank HSBC foiled a plan Friday by one of its largest shareholders to split the bank from its Asian operations.…