The chief executive of banking titan JPMorgan is warning that the United States is facing two exceptional headwinds. In a new Bloomberg Television interview, Jamie Dimon says that he’s keeping a close watch on two extraordinary macro factors that could hit the US economy and produce different outcomes. According to Dimon, he’s worried about the …
Monthly archives: October 2023
EU to assess export controls on AI tech and semiconductor chips
The European Commission outlined four critical technology areas, including AI technology and semiconductor chips, on which it plans to run assessments to consider export controls. News Join us on social networks The European Commission is conducting risk assessments and considering export controls on “critical technology areas,” including artificial intelligence (AI) and semiconductor technologies, according to …
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BIS, EU central banks building data platform to track crypto, DeFi flows
The Bank for International Settlements and a handful of European central banks are building a system to track international flows of cryptocurrencies. News Join us on social networks The Bank for International Settlements (BIS) has developed a proof-of-concept (PoC) for a system tracking on-chain and off-chain transactions from cryptocurrency exchanges and public blockchains, including Bitcoin. …
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Bank of Korea to start CBDC infrastructure pilot
The pilot will include private banks and public institutions, while the Bank for International Settlements (BIS) will provide expert technical support. News Join us on social networks South Korea joins a growing number of nations launching central bank digital currency (CBDC) pilot programs. The country’s central bank, the Bank of Korea (BOK), will launch the …
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FTX-SBF charges valid despite lack of US crypto laws, DOJ says
Sam Bankman-Fried’s counsel had argued that FTX was not located in the United States, and as SBF did follow regulatory obligations concerning FTX US, charges related to FTX international shouldn’t apply. News Join us on social networks The United States Department of Justice (DOJ) filed a motion in court on Oct. 4, claiming the lack of …
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Op-ed: Rookie mistakes don’t stop Musk’s gaming debut from drawing millions
Elon Musk officially became a gaming streamer on Oct. 3 as he streamed himself playing Diablo IV on his X social media platform. However, what surprised the world is that self-identifying gamer “Elon” experienced a first stream that was no different from anyone else starting up a gaming channel for the first time, with one …
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Ripple’s XRP price jumps 5% fuelled by Singapore licensing acquisition amidst crypto market downturn
What is CryptoSlate Alpha? A web3 membership designed to empower you with cutting-edge insights and knowledge. Learn more › Connected to Alpha Welcome! 👋 You are connected to CryptoSlate Alpha. To manage your wallet connection, click the button below. Oops…you must lock a minimum of 20,000 ACS If you don’t have enough, buy ACS on …
As yen weakens and interest peaks, Bank of Japan balances on a policy precipice
What is CryptoSlate Alpha? A web3 membership designed to empower you with cutting-edge insights and knowledge. Learn more › Connected to Alpha Welcome! 👋 You are connected to CryptoSlate Alpha. To manage your wallet connection, click the button below. Oops…you must lock a minimum of 20,000 ACS If you don’t have enough, buy ACS on …
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Vitalik considers implications of adding ZK-EVM, other features to Ethereum mainnet
Ethereum founder Vitalik Buterin recently wrote an in-depth blog post exploring the question of which features should become official parts of the Ethereum protocol versus being built on top of it. This has been an ongoing debate as the network evolves. In the early days, Buterin explains, Ethereum strove to keep its base layer as …
SBF Trial: Day 1 concludes without a final jury selected
The first day of the Sam Bankman-Fried (SBF) trial ended without a final jury being selected, and the process will continue for another day. The U.S. District Court for the Southern District of New York plans to choose 12 jurors and six alternates through the process, which is expected to conclude on Oct. 4. Judge …
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Localization is key to thriving in crypto’s emerging APAC markets
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Trader Who Nailed 2022 Bitcoin Bottom Says BTC Could Ignite a Proper Big Rally Under This Condition
A top trader who caught the crypto rally earlier this year is outlining a market condition where he believes Bitcoin (BTC) could ignite a fresh bull market that could last for about two years. Pseudonymous analyst DonAlt tells his 507,000 followers on the social media platform X that a proper Bitcoin bull market will start …
Crypto Ponzi scheme AirBit: All but one exec now sentenced
AirBit Club co-founder Dos Santos is now the last AirBit defendant not yet sentenced but is scheduled to learn his fate on Oct. 4, 2023. News Join us on social networks The United States District Court for the Southern District of New York is progressing with the sentencing procedure of key individuals behind the cryptocurrency …
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What is the CryptoNight mining algorithm, and how does it work?
Understanding mining algorithms Mining algorithms are the backbone of blockchain-based networks like Bitcoin and other protocols. In blockchain technology, mining algorithms are necessary for transaction verification and network security. A mining algorithm instructs miners’ computers to follow a set of rules to generate a valid block. Proof-of-work (PoW) is the well-known consensus algorithm used by …
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UK to launch Digital Securities Sandbox in Q1 2024
His Majesty’s Treasury’s Digital Securities Sandbox will have “a new rule set that would allow it to do new things with digital securities.” News Join us on social networks The United Kingdom will get its second crypto sandbox by Q1 2024. It will be explicitly focused on digital securities. During her speech at the CCData …
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