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AI Safety Bill SB 1047 Awaits Governor’s Verdict As Tech Industry Raises Concerns
On August 28, Senate Bill (SB) 1047 passed the State Assembly and now awaits Governor Gavin Newsom’s decision. He has until September…
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Smart Contracts Meet Reality: The Crucial Role of Oracles in Blockchain Networks
Blockchain technology has brought a revolutionary change to many industries including, global financial markets, gaming sectors, and international trades. This modern innovation…
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Crypto ATM Boom: Australia Now The World’s Third-Largest Market
Australia has experienced a 17-fold increase in new crypto ATMs over the past two years. It is now one of the fastest-growing…
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BNY Mellon Agrees To $5M Settlement With CFTC Over Swap Reporting Failures
The Bank of New York Mellon has agreed to pay a $5 million fine to the US Commodity Futures Trading Commission (CFTC)…
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Bitcoin And Ethereum Technical Analysis: BTC Confirms Further Corrections Below $60K Following The False-Break Of The 50-EMA, And The ETH Bears Target The $2.1K Zone After The Price Fails A Recovery Above The $2,815 Level
Key Findings: BTC Technical Analysis Bitcoin Technical Analysis – BTC Daily Chart After a hectic week of speculators taking profits, the price…
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Fed Unveils New Capital Requirements For Big Banks, Eases Pressure On Goldman Sachs
In a move that has captured the financial world’s attention, the U.S. Federal Reserve has announced its latest set of capital cushions…
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OpenAI Teams Up With Condé Nast In A “Multi-Year Content Deal”
Global mass media company Condé Nast has agreed on a multi-year content deal with AI company OpenAI. This deal follows a recent…
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Wall Street Rises As Key Consumer Confidence Gauge Shows Gains
Wall Street’s main indexes advanced this Tuesday after the latest data showed that consumer confidence rose to 103.3 in August from 101.9…
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Hong Kong Regulator Flags Up To 11 Crypto Firms Seeking A Full Licence
Hong Kong’s Securities and Futures Commission (SFC) has reportedly found “unsatisfactory practices” on up to 11 crypto exchanges seeking a full license.…
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Monzo Tops The List As Britain’s Favorite Bank, Leaving Big Names Behind
In a major industry-wide survey commissioned by the Competition and Markets Authority (CMA), the digital bank Monzo has emerged as the best…