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Top executives from 146 major companies in the U.S. — including Morgan Stanley, Goldman Sachs, Nasdaq, and Pfizer — have urged President Joe Biden and congressional leaders to act swiftly to prevent the U.S. from defaulting on its debt, which could occur as early as June 1. They warned of
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By analyzing vast amounts of data in real-time, AI can identify potential risks and provide early warnings to enable proactive measures. However, addressing challenges such as transparency and interpretability is vital to ensuring the responsible and effective use of financial services. AI has the potential to play a significant
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Gnosis, the team behind Gnosis Safe multi-sig and Gnosis Chain, has launched a hash oracle aggregator for blockchain bridges, according to an announcement from the company. In a conversation with Cryptox, Gnosis CEO Martin Köppelmann stated that the new aggregator should make bridges more secure by requiring more than one
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31 March 2023 Stephen Bonner is the ICO's Deputy Commissioner for Regulatory
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Carême, one of the two lawmakers jointly responsible for negotiating the law on behalf of the parliament, also referred to provisions on money laundering in the metaverse, saying he didn’t want to see dirty money inhibited by banking controls to simply flow into other sectors. Source
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The 2008 financial crisis was a devastating time for many, as the collapse of the United States real estate market caused ripple effects impacting the employment and livelihoods of millions of people.According to TheStreet, one of the chief causes of the crisis was the opaqueness of the mortgage industry. Mortgages
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Under the proposal, the community would adopt an emergency switch that would pause peg-stability-module (PSM) swaps on its protocol, freezing the token purchases required to mint new DAI tokens, Sam MacPherson, a protocol engineer at MakerDAO, told CoinDesk. Original Source
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Wyoming lawmakers have passed a bill that will prohibit courts in the state from forcing someone to disclose their digital asset private keys, with one minor exception.The bill was passed by a vote of 41-13 in the Wyoming House of Representatives on Feb. 15, a day after passing 31-0 in
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The legislation will be introduced in the House by Rep. Byron Donalds (R-Fla), the report said. Original Source
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Infura is developing a decentralized marketplace of data providers that will help to prevent Web3 app crashes in the future, according to a Feb. 6 Cointelegraph interview with Infura researcher Patrick McCorry.McCorry stated that the new “Dfura'' or “decentralized Infura” will help to ensure that blockchains remain decentralized by distributing
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