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UK’s FCA Urges Social Media to Prevent Illegal Financial Promotions
The United Kingdom’s Financial Conduct Authority is urging social media platforms to do more to prevent illegal financial promotions. The agency intervened and forced the withdrawal or amendment of ...
How US Stablecoin Regulation Could Change the Game for Global Payments
Businesses hate slow and expensive international payments. But traditionally, firms haven’t had much choice but to accept the status quo of correspondent banks and their corresponding fees. Stableco...
Why These Altcoins Are Trending Today — February 7
The cryptocurrency market has been in a downturn this week, with many digital assets facing continued price declines. Today is no different, with the global crypto market cap down by 2% over the past ...
Job Growth Slows But Remains Healthy
Job growth slowed in January while remaining “solid” and “healthy,” analysts said Friday (Feb. 7). The Bureau of Labor Statistics (BLS) said in a Friday press release that total nonfarm emp...
AI Cheat Sheet: Large Language Foundation Model Training Costs
Foundation models are large artificial intelligence (AI) models trained on humongous datasets that enable them to do a wide range of tasks across various industries. They are called foundation models ...
Yahoo Finance is reportedly blocking press releases from crypto companies
Yahoo Finance has recently been criticized for allegedly excluding press releases from crypto companies. The controversy came to light when BTCS Inc. (Nasdaq: BTCS), a blockchain technology-focused co...
U.S. stablecoin draft regulation released by House Republicans
The United States House Financial Services Committee Chairman French Hill and Digital Asset Subcommittee Chairman Bryan ...
BlackRock now owns 5% of Strategy’s outstanding shares
According to a Feb. 6 filing with the US Securities and Exchange Commission (SEC), BlackRock has expanded its stake in Strategy (formerly MicroStrategy) to 5%. The asset manager now owns around 11.2 ...
Industry Experts Weigh in on MiCA’s First Two Months of Enforcement
Since its enaction two months ago, the Markets in Crypto-Assets (MiCA) regulation has created a cohesive framework and c...
The Truth About AI in Web3—Covalent Explains What’s Missing
The convergence of artificial intelligence (AI) and blockchain technology has the potential to reshape industries and redefine how we interact with digital systems. While AI promises automation, effic...
Newswire > Tag: finance
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