JPMorgan Chase launches AI tool for research analyst tasks
JPMorgan Chase has introduced LLM Suite, an AI-driven tool similar to ChatGPT, to boost productivity in its asset and wealth management division.
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Sam Bankman-Fried’s lawyers request pre-trial release citing poor internet connection
Former FTX CEO Sam Bankman-Fried's bail was revoked on Aug. 11 after he was found to be trying to contact witnesses in the case and malign witness credibility. 492 Total views 2 Total shares Former FTX CEO Sam Bankman Fried’s lawyers have requested for a pre-trial release citing a lack of adequate internet connectivity in

Crypto think tank launches voting project to support ‘right candidates’
The Digital Future project did not endorse specific candidates or political parties, but its CEO ran as a Republican in a 2022 congressional campaign associated with FTX.

What happens to a blockchain when nobody uses it?
Why some blockchains die Blockchains can die from flawed tokenomics, scams, security issues or lack of community and development momentum. Without active participation, even cutting-edge technology gathers dust. Ever heard of a blockchain that no one uses? It happens more often than you think. While the cryptocurrency space is full of innovation, but not every

SafeMoon hacker agrees to return 80% of stolen funds: Finance Redefined
SafeMoon hacker said the exploit wasn't intentional plans to return majority of the exploited funds.

SEC Charges Fantasy Market Founder with Fraudulent ICO Scheme
The United States Securities and Exchange Commission (SEC) has charged Jonathan C. Lucas, the founder of adult entertainment marketplace Fantasy Market, with orchestrating a fraudulent initial coin offering (ICO).According to the SEC complaint published on Sept. 23, Lucas received around $63,000 in cryptocurrency from more than 100 investors “through the fraudulent offer and sale of…

Bitcoin drops 1.5% on US market open amid warning miners may ‘capitulate’ in months
Miners are still accumulating BTC so far, but continuing depressed prices may up-end the status quo this summer, new analysis says. 2539 Total views 34 Total shares Bitcoin (BTC) fell in line with United States equities on May 31 as the return of Wall Street began with a whimper.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewStocks…

Ethical considerations in AI development and deployment
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The Case for Crypto Funds: Transparent, Less Expensive, More Diverse
Cryptocurrencies are upending the worlds of banking, retail and payments in countless ways, but there has been one area where this burgeoning industry has somewhat fallen behind: investments.While it can be easy to build portfolios that focus on stocks and shares or fiat currencies, diversifying into crypto funds has proven harder for consumers and professionals…