AI risks financial stability, warns Indian central bank governor

“I thought that my heart would stop,” said Matthias Mende as he told Cointelegraph how he felt when he realized he lost $100,000 in crypto assets to a hacker.

Japanese cryptocurrency exchange Coincheck has launched a Bitcoin (BTC) over-the-counter trading desk for large-scale institutional investors. Cointelegraph Japan reported the news on April 1.The Coincheck OTC trading desk will enable clients to directly trade large volumes of Bitcoin — starting from 50 BTC ($207,000 to press time) — between each other using a web interface…

Hong Kong-based China Merchants Bank International (CMBI) will develop and launch blockchain-based solutions for its financial services.CMBI and Huobi partner with NervosIn an Oct. 3 press release shared with Cointelegraph, CMBI, a wholly-owned subsidiary of China Merchants Bank, announced that it is partnering with Chinese blockchain startup Nervos to apply blockchain technology to its financial…

The BNB Chain core development team said the move aims to streamline the network and improve efficiency.

Decentralization is part of the cryptocurrency industry’s core, with various protocols trying over time to achieve the level of decentralization that Bitcoin (BTC) managed to get as it grew organically from a white paper published to a mailing list to a new asset class.Decentralized finance (DeFi) protocols have brought the idea of decentralization to a…

Friday, Dec. 25 — crypto markets are lacking in Christmas cheer, with many major crypto assets hit with double-digit losses. Virtually all of the top 100 coins by market cap are in the red, as data from Coin360 shows.Market visualization by Coin360Largest cryptocurrency Bitcoin (BTC) has plummeted over 9 percent on the day, and is…

U.S. Magistrate Judge Lisette M. Reid rejected Cuban’s application to delay the deposition, and outlined that his full deposition will be taken on Feb. 2 in Dallas, Texas. 289 Total views 4 Total shares Ho-ho-ho! Get Limited Holiday Trait!Collect this article as an NFTDallas Mavericks owner Mark Cuban is set to be “deposed” next month…

We believe that a smooth transition is essential for the long-term health of the DeFi ecosystem and its platforms, including those using our tokens,” Tether stated. 314 Total views 5 Total shares Hot on the heels of an official announcement from USD Coin (USDC) issuer Circle Pay, stablecoin giant Tether has now also officially confirmed…