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"Digital markets can present competition concerns," the statement said. "Markets characterized by network effects, economies of scale, digital ecosystems, and accumulations of large amounts of data can be prone to increasing or creating barriers to entry, tipping, and dominance." Source
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The crypto space has been facing waves of uncertainty in recent months, with looming regulations from authorities worldwide and a lingering market downturn. Despite the state of the industry, investors are still backing new ventures in the space. Data shows that in 2022 alone, European decentralized finance startups experienced increased venture capital (VC)
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Chegg is facing massive disruptions in its education business amid the rapid growth of AI platforms. To contain this, Chegg is building its own AI platform CheggMate in collaboration with OpenAI. The introduction of ChatGPT by OpenAI has certainly created a massive disruption in the tech world while giving other
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Roughly ten days ago, the credit agency Moody’s Investors Service downgraded the U.S. banking sector from “stable” to “negative.” In a recent update on Thursday, the company stated that there is still a risk to the U.S. economy. The managing director of credit strategy at Moody’s explained that the country
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A professor from Cornell University has warned about the potential effects a collapse of a major stablecoin could have on the U.S. bond market. Eswar Prasad said that if large stablecoins face a collapse, the number of Treasury bonds they would need to sell could disrupt the U.S. Treasuries market,
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The capacity to digitally authenticate almost everything, and the possibility of monetizing in ways nobody couldn't even imagine before. These are some of the ways in which the documentary series "NFTMe" introduces nonfungible tokens (NFTs).The show features artists, collectors, and industry professionals across the world sharing their experiences with NFTs
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“We can now fractionalize anything with an NFT, and that allows us to take any physical asset we’re very confident in the pricing trajectory for over the next 50-100 years and fractionalize the risk of ownership and make it liquid so people can trade it whenever they want to,” said
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