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Failure of Multi-Function Crypto Firms a Limited Threat to ‘Real Economy’: FSB

The FSB, which monitors financial systems and proposes rules to help prevent financial crises, said it was assessing the financial stability implications of multifunction crypto-asset intermediaries (MCIs) in July. MCIs are individual firms or groups of affiliated firms that combine a broad range of services, products and functions typically centered

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Georgia preparing limited live CBDC pilot, considering Ripple among tech providers

The National Bank of Georgia (NBG) has announced that it will advance its research on a digital lari central bank digital currency (CBDC) in a limited-access live pilot environment. Nine companies, including Ripple Labs, will take part in the project, and one of them will be selected to move forward

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ChatGPT can now browse the internet, no longer limited to info from 2021

ChatGPT can now browse the web and integrate up-to-date information into its responses, according to a Sept. 27 post on X (formerly Twitter) from artificial intelligence (AI) firm OpenAI. ChatGPT can now browse the internet to provide you with current and authoritative information, complete with direct links to sources. It is

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Solana-based Clockwork to shutter, citing ‘limited commercial upside’

The developers behind Solana-based smart contract automation project Clockwork is set to turn off key infrastructure for the protocol at the end of October, citing “limited commercial upside."In a series of X (Twitter) posts on Aug. 27, Clockwork founder Nick Garfield Garfield said he and the team will stop active

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JPMorgan forecasts limited downside for crypto markets: Report

The cryptocurrency market's recent downtrend appears to be coming to an end, as JPMorgan's latest research suggests that most long-position liquidations have been completed.According to a Bloomberg report, analysts for the American bank estimate that the liquidations are “largely behind us.” The prediction is based on the open interest in

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Limited generative AI usage to be allowed in Japanese schools

The Japanese Ministry of Education, Culture, Sports, Science and Technology plans to allow schools from elementary to high school level limited usage of generative artificial intelligence (AI) in classrooms. According to a local news outlet, a source close to the matter said that generative AI tools, such as the popular chatbot

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GameStop Announces Strategic Partnership with Illuvium and Sets Limited D1SKs NFT Sale

Despite the announcement of the partnership between GameStop and Illuvium, both Illuvium (ILV) price and GME stock edged lower in the past 24 hours. GameStop Corporation (NYSE: GME) has announced a strategic collaboration with Illuvium, an open-world fantasy battle game built on the Ethereum blockchain. According to the two

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