Philosopher Yuval Noah Harari warns of AI’s risks in finance

A single day of trade has seen Compound’s COMP emerge as the largest DeFi token by market capitalization. 624 Total views 21 Total shares After a single day of trading, Compound’s COMP token has emerged as the largest decentralized finance (DeFi) token by market capitalization.COMP overtook MakerDAO’s MKR token by market cap as it rallied…

U.S. Treasury links the crypto mixer with $7 billion worth of laundered money. 148 Total views 2 Total shares Summer is still on, harvesting the fresh names for its list of the crypto companies in deep trouble. This time, the trouble came not from the market or management but from the United States Treasury Department.…

Technology company FPT Corporation and financial services firm SBI Holdings Inc have jointly invested $3 million in Vietnamese blockchain startup Utop, local English language daily news outlet Viet Nam News reported on April 19.FPT Corporation and SBI Holdings Inc have reportedly signed a memorandum of understanding (MoU) to invest $3 million in joint venture Utop, a…

Nike's "Dot Swoosh" platform landsFootwear and apparel giant Nike has unveiled its latest foray into the non-fungible token (NFT) and Metaverse space with the launch of an NFT marketplace named “.Swoosh”While .Swoosh is still in the beta phase, Nike announced that its “first digital collection” is set to launch on the web3 platform in 2023,…

South Korea’s largest telephone company, KT Corporation, plans to launch a blockchain-as-a-service (BaaS) platform next month, local news outlet iNews24 reported on Feb. 21.KT reportedly revealed the concept to interested business clients at a presentation this week. The firm says it wants to increase the accessibility of blockchain technology locally.The platform comes as KT continues…

The new tokens join the ranks of BTC, ETH and LTC for use by the 4,000-plus companies located in the zone, which is considering new legal measures as well. 77 Total views 1 Total shares The Dubai Financial Services Authority (DFSA) recognized two more tokens on Nov. 2, adding XRP (XRP) and Toncoin (TON) to

As AI capabilities continue to evolve, proving the authenticity of real-world images, video and content could hinge on blockchain solutions. 48 Total views 3 Total shares Decentralized network provider Nodle is working with the likes of Adobe and the Linux Foundation to use blockchain technology to prove the authenticity of real-world content captured by devices.In

Raiffeisenbank, a Russian subsidiary of Austria’s Raiffeisen Bank International (RBI), has developed a corporate blockchain platform, the bank announced in a press release on May 31.Targeting holding firms, the new blockchain platform claims to automate settlements by corporate clients and enable a trusted network for sharing data between a group of companies, the press release…