US Treasury: AI brings huge opportunities, risks to financial stability

Bitcoin (BTC) has made a strong comeback in the month of July and is on track for its best monthly gains since October 2021. The sharp recovery in Bitcoin and several altcoins pushed the Crypto Fear and Greed Index to 42/100 on July 30, its highest level since April 6.Investors seem to be making the…

What is protecting an investment portfolio from potential stock market volatility? As per Bloomberg Intelligence's Mike McGlone, a merged exposure of Bitcoin (BTC), gold, and government bonds.The senior commodity strategist, who sees BTC heading to $100,000, pitted derivatives in a new report representing the three safe-haven assets against the performance of the S&P 500 index, finding that…

Following the ASA's decision, Arsenal announced that it would appeal against it and stated that it had provided further information regarding financial risks. 76 Total views 12 Total shares The Advertising Standards Authority (ASA), a body that oversees advertising in the United Kingdom, is cracking down on non-compliant crypto advertisements. Earlier this year, Arsenal became one…

Some vulnerabilities in Euler v2 were found and resolved, and a subsequent $1.25 million bug bounty contest found no vulnerabilities of medium or greater severity.

The Lithuanian State Tax Inspectorate exchanged Bitcoin, Ether and Monero for 6.4 million euro. 2041 Total views 12 Total shares The Lithuanian government has reportedly sold a batch of cryptocurrency seized by local enforcement agencies.The State Tax Inspectorate, or STI, the country’s tax authority, sold confiscated crypto assets worth 6.4 million euro ($7.6 million) and…

Concerns over rising inflation and flat spot Bitcoin ETF inflows could be factors in the $435 million outflow from crypto investment funds last week.

Around 41% of Robinhood’s quarterly revenues were generated by crypto trading. 282 Total views 152 Total shares Popular retail trading app, Robinhood, has revealed crypto trading surged in popularity on the platform and now represents 41% of its revenue.According to its second-quarter financial results published Aug. 18, the firm generated $233 million from crypto trading…

The fundraising round included Polygon, Ripple, Octava, NEO Global Capital, Appworks, Sebastien Borget of The Sandbox, GSR, LD Capital, Metavest Capital and others. 96 Total views 1 Total shares Own this piece of history Collect this article as an NFTBlockchain Founders Fund, a venture capital fund supporting the adoption of Web3 and blockchain technology, has…

An alleged drug dealer lost 52 million euro (over $56 million) in Bitcoin (BTC) after the Irish High Court ruled that they were criminal proceeds and should be confiscated.Local news outlet Independent.ie reported on Feb. 19 that the court accepted that Clifton Collins was involved in drug trafficking. Collins did not contest the Criminal Assets…