December, 2024

December, 2024

Crypto Trader Claims Bitcoin’s Uptrend Is Still Intact, Updates Outlook on Top XRP Rival
A widely followed crypto analyst says that Bitcoin’s (BTC) still has upward momentum while updating his outlook on payments network Stellar (XLM). In a new thread on the social media platform X, pse...

Staggering $5,000,000,000 in Cash and Assets Waiting To Be Claimed by Residents in One US State: Report
A staggering $5 billion in lost and forgotten cash and assets are waiting to be claimed in one US state, according to a new report. The Illinois Treasury Department says residents are sitting on a ser...

Crypto Giant Grayscale Rolls Out New Trusts for Lido DAO (LDO) and Optimism (OP)
Crypto giant Grayscale has launched two new trusts that offer investors exposure to liquid staking service Lido DAO (LDO) and scaling solution Optimism (OP). The new trusts add to the crypto firm’s ...

Bank of England Gives Crypto Firms Till March 2025 To Disclose Digital Asset Exposure
England’s central bank is giving companies until March 2025 to disclose their exposure to digital assets. In a new announcement, The Bank of England says that the Prudential Regulation Authority (PR...

OpenAI Says Deployment of Telemetry Service Caused 3-Hour Outage
OpenAI said its deployment of a new telemetry service caused a three-hour outage of all its services Wednesday (Dec. 11). The company’s ChatGPT, API and Sora services were degraded or unavailable fr...

How Big Tech’s XR Push Could Redefine Both Payments and AI
The connected economy might be making a jump from end-users’ hands to their faces. That is, if Big Tech’s biggest representatives are to be believed. On Thursday (Dec. 12), Google introduced a new...

This Week in AI: Bots Transform Shopping as Tech Giants Roll Out Digital Assistants
This week in artificial intelligence, shopping assistants emerged across major tech platforms. Meanwhile, recycling firm AMP secured $91 million for sorting robots, FlexPoint sped up payment processin...

From Legacy to Leading Edge: Banks Struggle with ISO 20022 Transition
The benefits of standardized data formats and exchanges in financial services are myriad. Banks are moving toward the ISO 20022 financial messaging standard, tied to Swift, which noted that the open s...

CFPB: High Interest Rates Drove ‘Significant Decline’ in Mortgage Lending in 2023
Residential mortgage lending activities showed a “significant decline” in 2023, the Consumer Financial Protection Bureau said Friday (Dec. 13). The drop was caused in part by high interest rates, ...

AI Shopping Bots Race to Fill Online Carts
Silicon Valley is unleashing artificial intelligence agents that can surf online stores, swipe digital credit cards and buy goods without a human lifting a finger — forcing eCommerce players to grap...

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March