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BBVA Advises Wealthy Clients to Add Bitcoin and Ether to Portfolio
Spanish bank BBVA reportedly advises that wealthy clients invest between 3% and 7% of their portfolios in the cryptocurrencies bitcoin and ether. [contact-form-7] The share depends on the c...
US Senate approves landmark GENIUS Act for stablecoin regulation
The Senate approved the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act in a 51-23 vote on June 17, sending the measure to the House for consideration. The vote followed a...
US Senate Passes the GENIUS Act Stablecoin Bill
The Senate just voted to pass the GENIUS Act, ensuring this bill will become law. It will have massive implications for US crypto regulation, creating a new framework for stablecoins. Several Democ...
Bitcoin’s slide below $104k liquidates over $500M as war tensions escalate
Bitcoin (BTC) continued its pullback on June 17, sliding over 4% amid renewed military and political friction between Israel and Iran. The flagship crypto fell to an intraday low of $103,300 before b...
Nintendo will take your Switch 2 offline forever if you use a Mig flash cartridge
Some Switch 2 owners have received the error code 2134-4508, which results in their consoles being permanently banned from accessing any of its online services, as spotted by IGN. It’s not a ban...
Revolut Plans to Launch AI Assistant for Consumers’ Financial Decision-Making
Finance app Revolut is reportedly experimenting with an artificial intelligence (AI) financial assistant and plans to launch it soon.  [contact-form-7] Speaking at a Bloomberg New Voices e...
Amazon CEO says it will cut jobs due to AI’s ‘efficiency’
Amazon CEO Andy Jassy says advancements in AI will “reduce” the company’s corporate headcount over the next few years. In a memo to employees on Tuesday, Jassy writes that Amazon expects the...
Fossil fuels are an insurance disaster  
Heatwaves, mold, and plastic pollution pose new risks to businesses and insurance companies, a new report by reinsur...
JPMorgan Reveals New Details of its JPMD Stablecoin
JPMorgan is going public with details about its new JPMD stablecoin, which will launch on the Base blockchain. The firm will begin a pilot program sometime in the next few days. Technically, JPMD ...
JPMorgan pilots tokenized deposit token on Base, targeting instant dollar transfers
JPMorgan will pilot a dollar-denominated deposit token called JPMD on Coinbase’s Base blockchain within days, global blockchain division co-head Naveen Mallela said in an interview with Bloomberg Ne...
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