The use and popularity of cryptocurrencies have significantly increased in recent years, but their decentralized nature makes them difficult to regulate, and the lack of a clear framework has led to concerns about money laundering, terrorist financing and consumer protection. Over 90 countries have introduced cryptocurrency regulations since 2014, with 28 adopting crypto-related laws in 2022. The Cointelegraph Research Blockchain…
The finance industry is optimistic about quantum computing. Tasks such as portfolio optimization, risk management and asset pricing have a great chance to be beneficiaries. Grover’s and Shor’s algorithms can be applied to portfolio optimization. Portfolio optimization involves finding the optimal combination of investments to maximize returns while minimizing risk. Besides providing faster and more accurate calculations the technology can…
This story comes from GG. Your Web3 Gaming Power-Up Discover GG The crypto wallet race is heating up—Immutable launched its Passport wallet in beta this week, and this one is targeting gamers. Immutable’s Passport works across games on its Ethereum scaling network, Immutable X, and is non-custodial—which means Immutable does not have access to users’ funds and each wallet creator…
Meme coin mania hasn’t slowed down: Pepe (PEPE), a new token which launched a little over two weeks ago, just hit an all-time high. The new cryptocurrency at around 5.45am Eastern Time today touched $0.00000168, according to CoinGecko. It has since dropped and is now trading for $0.00000166—but is still up nearly 75% in the past 24 hours. Despite the crypto…
In the wake of Florida Governor Ron DeSantis’ remarks in Jacksonville on Tuesday, both the Florida House of Representatives and Senate have approved the state’s anti-central bank digital currency (CBDC) legislation, dubbed SB 7054. The bill explicitly states that should the U.S. central bank, a federal agency, or a foreign government issue a CBDC, its use as a “digital medium…
Choosing the right banking partner can be a particularly tricky process for a crypto or blockchain company. While there are many options in the market, only a few will possess the experience, commitment and risk tolerance companies in a young and tech-forward industry need. And simply making a choice won’t seal the deal: Crypto and blockchain entrepreneurs must have the…
Bitcoin (BTC) slid below $29,000 around the May 4 Wall Street open as United States equities showed jitters over the resurgent banking crisis. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView “Too much all at once” for U.S. banks Data from Cointelegraph Markets Pro and TradingView showed BTC/USD losing ground as the S&P 500 shed 0.7%. The risk asset comedown accompanied…
Apple co-founder Steve Wozniak has lambasted Tesla’s AI-powered autopilot function, calling it “a study of AI gone wrong” that will try “to kill you every chance it can” in a new interview with CNN This Morning. The show’s hosts asked Wozniak to speak about his relationship with Tesla, SpaceX, and Twitter CEO Elon Musk, to which Wozniak replied “I never…
Within two days, the token’s price plummeted from an all-time high of $0.00067279 to an all-time low of $0.00004827. Source: https://cointelegraph.com/public/index.php/news/wallstreetbets-mod-dumps-meme-coin-worth-635k-in-alleged-rug-pull
Chatbots are computer programs that use artificial intelligence (AI) to simulate conversations with users, providing quick and efficient assistance. In the banking industry, chatbots have the potential to revolutionize the way customers interact with their financial institutions. Here are seven potential use cases of chatbots in banking: Customer service Chatbots are increasingly being used in the banking industry to provide efficient…
