Perplexity AI’s ad integration plan draws shock, mockery: ‘This company is toast’
The company reportedly intends to charge a much higher-than-average premium for ad space in its AI-powered search engine.
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United Texas Bank CEO wants to ‘limit the issuance of US dollar-backed stablecoins to banks’
Scott Beck, the CEO of United Texas Bank, claimed that stablecoin issuers like Circle were “effectively sucking deposits out of the banking industry.” 111 Total views 3 Total shares Scott Beck, chief executive officer of United Texas Bank, called on members of the state’s blockchain working group to recommend policy for leaving stablecoins to banks…
Qatar Central Bank in ‘foundation stage‘ of launching digital currency
The bank is exploring technological solutions and platforms for its own digital currency. 25 Total views 1 Total shares The 2.8-million nation of Qatar is going to join a growing range of countries, experimenting with the central bank digital currency (CBDC) concept. The Qatar Central Bank (QCB) is currently “in the foundation stage” of issuing…
Singer Vérité’s fan-first approach to Web3, music NFTs and community building
Many see music as the next frontier of blockchain adoption, and musician Vérité reveals what a fan-first approach to Web3 looks like. by Jonathan DeYoung 6 min October 3, 2023 Share Share Share Share Carving out a sustainable career as an independent musician is no easy feat. The competition is fierce, support can be hard
Bitcoin liquidity drops to 10-month low amid US bank run
The banking crisis has impacted United States-based exchanges the most, with traders suffering due to increased price volatility. Own this piece of history Collect this article as an NFTBitcoin (BTC) market liquidity has dropped to a 10-month low, despite a bullish quarter in terms of price gain. The liquidity dry-up is partly attributed to the…
CoinMarketCap Pushes Exchanges to Transparency: Sign of Mature Market?
In May, crypto market data provider CoinMarketCap requested all exchanges in the global exchange market disclose accurate data in a move to improve transparency of the information displayed on the platform. CoinMarketCap declared an ultimatum to all exchanges listed, clarifying that they would be delisted from the platform if they fail to provide accurate trading…
Echoing Cuban, Novogratz says DeFi should ‘play by the rules’, or ‘pay the piper’ later
Mike Novogratz suggests DeFi projects add KYC and AML features now instead of waiting on regulators to crack down on the entire sector. 462 Total views 4 Total shares Decentralized finance (DeFi) has emerged in 2021 as one of the fastest-growing trends in the crypto sector and as the unique features of DeFi begin to…
Bank of England Adviser: Cryptocurrencies Fail Basic Financial Tests, Lack Value
Huw van Steenis, senior adviser to Bank of England’s (BOE) Governor Mark Carney, told Bloomberg in an interview Monday, Jan. 21, that cryptocurrencies fail fundamental financial tests.Van Steenis joined BOE in 2018, having previously worked at Schroders and Morgan Stanley. He is currently heading a review of the future of finance, according to Bloomberg. When…
ETH trader turns $87K into almost $40M after 8-year hold
The Ether whale started selling tokens on Sept. 16, with over $38 million in ETH still in its wallets.