BIS Embraces Generative AI for Cybersecurity in Central Banks

by Александр Пирогов | May 28, 2024 | Blog News

The Bank for International Settlements (BIS) sees significant potential for the widespread adoption of generative artificial intelligence (AI), an area of growing interest among central banks. In a recent survey of 32 central bank members, the BIS found that over...

Agora CEO Criticizes Yield-Bearing Stablecoins, Introduces AUSD as “Stablecoin 3.0”

by Александр Пирогов | May 28, 2024 | Blog News

Nick van Eck, CEO of the stablecoin issuer Agora, has criticized yield-bearing stablecoins, claiming they do not function as true stablecoins or money. Van Eck highlighted that stablecoins providing passive income to holders stray from their intended purpose, leading...

Ledger Finally Ships Long-Awaited Ledger Stax Devices, Unveils New E-Ink Wallet Design

by Александр Пирогов | May 28, 2024 | Blog News

French startup Ledger has begun shipping its highly anticipated Ledger Stax devices, nearly 18 months after their initial announcement. The new hardware wallet, designed in collaboration with Tony Fadell, one of the key figures behind the iPod, features a cutting-edge...

Cristiano Ronaldo Unveils Fourth NFT Collection Amid Legal Troubles

by Александр Пирогов | May 27, 2024 | Blog News

Five-time Ballon d’Or winner Cristiano Ronaldo is set to delight fans with his fourth NFT collection on the Binance NFT Marketplace, despite facing a $1 billion class-action lawsuit for allegedly promoting unregistered securities. Ronaldo’s latest NFT collection...

Crypto Platforms Withdraw Applications Amid Hong Kong’s Push to Become Crypto Hub

by Александр Пирогов | May 27, 2024 | Blog News

Hong Kong is witnessing a series of cryptocurrency platforms retreat from the city, despite its efforts to establish itself as a regional crypto hub. The latest to withdraw its application for a virtual-asset trading platform license (VATP) is OKX, following similar...

U.S. Representative House Passes CBDC Anti-Surveillance State Act Amid Partisan Debate

by Александр Пирогов | May 27, 2024 | Blog News

The CBDC Anti-Surveillance State Act passed the U.S. House of Representatives on May 23, following a largely partisan vote of 216-192. The bill, which seeks to amend the Federal Reserve Act of 1913, aims to prohibit Federal Reserve banks from offering certain products...