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(Coin Telegraph)-24/07/2024It’s only recently that Donald Trump has paid any attention to crypto. But now he wants to be the “crypto president,” and he’s raising digital assets as a geopolitical issue.Asked on July 16 why he’s suddenly embracing the crypto community, he told Bloomberg:“If we don’t do it, China is going to pick it up and China’s […]

(Crypto News)-24/07/2024Donald Trump is the runaway favorite to win the U.S. elections in November after he survived an assassination attempt on July 13, according to Ethereum-based pollster Polymarket. This is a big deal for the millions of people in the United States who own Bitcoin (BTC) and other cryptocurrencies.Polymarket raised Trump’s chances of victory to 60%, against […]

(Coin Telegraph)-17/07/2024Blockchain venture funding in Africa decreased by 74% in the first half of 2024 compared to the same period in 2023. On July 16, Swiss blockchain venture capital firm CV VC released its latest report on African venture funding. Within the report, CV VC highlighted that Africa secured $34.7 million in H1 2024. Compared to 2023, when […]

(Coin Telegraph)-17/07/2024On July 15, Constellation Network opened its Hypergraph blockchain, created in partnership with the United States military, to application developers at a global hackathon event hosted alongside technology giants IBM and Panasonic.The hackathon marks the debut of Constellation’s “meta graph” application layer, which enables third-party developers to build Web3 applications—or even new layer-1 blockchains—on […]

(Coin Telegraph)-17/07/2024Tokenized United States Treasurys could reach $3 billion by the end of 2024, showcasing the benefits of financial asset tokenization and its widespread adoption.Tokenized Treasurys would need to grow nearly twofold to reach the $3 billion mark by the end of this year. Reaching the $3 billion mark is possible due to the growing trend […]

(Coin Telegraph)-17/07/2024Binance-founded layer-1 blockchain BNB Chain has introduced a new layer-2 chain that it hopes will address its “scalability challenge.”On June 19, BNB Chain unveiled opBNB, which has launched as a testnet. The new layer-2 scaling solution is based on the Optimism OP Stack, which it says will add additional security and scalability to the Binance blockchain […]

(Crypto News)-17/07/2024The financial services provider Stripe has expanded its cryptocurrency integration into the European market, allowing local customers to buy crypto via credit or debit cards. According to a July 16, report from the Irish Independent, shoppers located within the EU can now buy Bitcoin and many other cryptocurrencies with their credit cards.EU crypto purchasesStripe said online vendors are […]

(Reuters)-10/07/2024Federal Reserve Chair Jerome Powell said on Tuesday central bank independence is a proven and politically popular way to achieve the best possible outcomes for the U.S. economy.“The record is pretty clear” that a central bank that operates outside of political factors and direction is “a good institutional arrangement that serves the public well,” Powell […]

(Reuters)-10/07/2024Rent and housing costs are keeping U.S. inflation higher than preferred but consumer price pressures will continue to come down over time, Treasury Secretary Janet Yellen said on Tuesday, as a top White House adviser cited what she called “tremendous progress” in bringing down inflation.Yellen told the U.S. House of Representatives Financial Services Committee that […]

(Reuters)-10/07/2024Switzerland’s consumer pricing watchdog has put UBS (UBSG.S), opens new tab under observation following its takeover of Credit Suisse, the regulator said on Thursday, amid concerns that the market power of the enlarged lender could lead to higher loan charges.The supervisor had met with financial market regulator FINMA, competition authority ComCo and the Swiss National Bank to […]

(Crypto News)-10/07/2024The financial sector has been rapidly adopting artificial intelligence (AI) technologies, particularly generative AI and large language models (LLMs), to enhance various aspects of operations and customer interactions.For instance, banks are leveraging AI to automate manual processes, enhance data analysis, and personalize customer interactions, improving operational efficiency and customer experience.Moreover, AI is increasingly used […]

(Coin Telegraph)-10/07/2024According to cybersecurity firm Cyvers’ mid-year Web3 security report, the total volume of stolen crypto funds in 2024 is approaching $1.4 billion as centralized exchanges emerge as the new ground zero for exploits. In the second quarter of 2024, total crypto losses exceeded $600 million, marking a 100% increase over the same period in 2023. […]

(Coin Telegraph)-10/07/2024Bitcoin has three months to go until the bull market resumes — but it can still see 300% gains by 2026.Those are some of the conclusions of fresh BTC price analysis from the pseudonymous engineer known as Apsk32.BTC price “acceleration” not due for at least three monthsIn a post on X on July 9, Apsk32 returned […]

(Coin Telegraph)-10/07/2024Dubai Customs has announced the launch of a new blockchain platform aimed at smoothing out supply chain friction within Dubai and across its borders.The blockchain solution was launched as part of a broader strategy to cement Dubai’s position as a leading “smart” city, Dubai Media Office said in a July 8 statement.“This innovation reflects our vision […]

(Reuters)-03/07/2024Swiss bank UBS (UBSG.S), opens new tab has completed the merger of its domestic unit with Credit Suisse’s operations in its home market, the bank said on Monday, adding that the head of the Credit Suisse business was leaving the bank.Andre Helfenstein, CEO of Credit Suisse Switzerland, has decided to leave the bank following the merger of […]

(Reuters)-03/07/2024Banks in Germany, France and elsewhere in the EU have lent more than 1.4 trillion euros ($1.5 trillion) to the commercial real estate sector, leaving some lenders vulnerable to “cracks” in the market, the bloc’s banking watchdog said on Tuesday.In its latest risks report, the European Banking Authority (EBA) said banks faced “elevated uncertainty” from […]