Cryptocurrency Analysis and News Portal
The rise of artificial intelligence (AI) created a wave of concerns about safety and privacy, particularly as these technologies become more advanced and integrated into our daily lives. One of the most prominent examples of AI technology is ChatGPT, an artificial intelligence language model which was created by OpenAI and
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There are various security vulnerabilities associated with using cryptocurrencies as payment methods, including the possibility of theft, hacks and fraud. For instance, hackers can take advantage of flaws in exchanges, wallets and transactions. Additionally, consumers who are the targets of scams or fraudulent transactions have little redress because cryptocurrency
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Draft guidance from the EU banking watchdog picks out crypto technology for scrutiny and proposes vetting procedures for senior staff. Source
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The United States Senate Banking Committee held a hearing March 28 on the regulatory response to recent bank failures. Officials from the Federal Deposit Insurance Corporation (FDIC), Federal Reserve and Treasury testified. FDIC chair Martin Gruenberg spoke about the causes of the failures of Silicon Valley Bank (SVB) and Signature
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European banks are going into the weekend with renewed fears surrounding their future, as shares of Deutsche Bank plunged over 7% on the New York Stock Exchange on March 24, after a down day on Frankfurt's markets. Deutsche Bank shares were impacted by an increase in the cost of insuring against its
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“Decentralized RPC services form the bedrock for a trustless, secure, and scalable network. The launch of DRPC will enable end-to-end decentralization for Ethereum,” explained Constantine Zaitcev, Chief Product Officer of DRPC, in a note to CryptoX. Source
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A central bank digital currency (CBDC) can impact monetary policy by increasing money velocity, disintermediation, volatility of bank reserves, currency substitution and altered capital flows, even when it is not designed to do so, according to a study published by the International Monetary Fund. The unintended impact of a CBDC
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The Financial Services and Markets Authority will have to be notified of major ad campaigns, as a survey reveals crypto investors are often trying to get rich quick. Source
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The governor of India’s central bank, the Reserve Bank of India (RBI), says the “ongoing U.S. banking crisis” clearly demonstrates the risks cryptocurrency poses to the financial system. The central bank chief added that the “Indian economy remains resilient,” emphasizing that the “worst of inflation is behind us.” India’s Central Bank
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Bitcoin (BTC) erased early-month gains on March 2 as fresh market uncertainty erupted over solvency of crypto bank Silvergate.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBTC price avoids Silvergate, Coinbase stock slipData from Cointelegraph Markets Pro and TradingView showed BTC/USD hitting $23,206 on Bitstamp, down around 1.5% on the day.The pair came
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