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Banks Taps Silent Eight’s AI Software to Fight Against Financial Crimes

Silent Eight’s software is grounded in generative AI, similar to the technology behind the viral ChatGPT chatbot. Silent Eight, led by CEO Martin Markiewicz, has made it its mission to empower financial institutions to combat financial crimes more efficiently and effectively through the use of its Artificial Intelligence (AI) software. Among Silent

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Deutsche Bank taps Taurus for global crypto custody services

The German bank was one of a handful of company’s to invest in a $65 million, series B fundraising round for Taurus in Feb. 2023. The company offers enterprise-grade infrastructure to issue, manage custody and trade cryptocurrencies, tokenized assets, nonfungible tokens (NFTs) and other digital assets.According to Taurus co-founder Lamine

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Opera Taps Celo to Launch Stablecoin Wallet for African Users

Celo’s inclusion with Opera’s MiniPay wallet augurs well for Africa’s expanding digital finance sector. Opera, the well-known web services provider, has announced intentions to integrate a non-custodial stablecoin wallet built on the Celo blockchain into its mobile web browser. This product, dubbed “MiniPay”, is intended to empower Opera’s enormous user base across the

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SEC Chair Gary Gensler Confirms Agency Taps on AI to Enhance Financial Surveillance

The SEC Chair requested Congress for more funding this fiscal year to enhance and match emerging technologies like blockchain and artificial intelligence. On Tuesday, the Chairman of the United States Securities and Exchange Commission (SEC) Gary Gensler testified before the Senate Banking Committee at the Capitol building. During the hearing, Gensler

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LayerZero taps Google Cloud Oracle for on-chain message verification

Google Cloud Oracle was announced as the official verification system for data sent between blockchains using LayerZero’s omnichain interoperability protocol. LayerZero Labs, the entity behind on-chain messaging platform LayerZero, unveiled a partnership with Google Cloud to bolster security for data sent across different standalone blockchain networks. According to a Sep. 12 press

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$500B Korean Asset Manager, Mirae Asset Securities, Taps Polygon Labs to Develop Tokenized Securities Network

Several traditional finance giants, including Franklin Templeton and Hamilton Lane, a top-tier investment firm with over $823.9 billion in assets under management, have already initiated tokenization projects on Polygon. The Monetary Authority of Singapore's experimental tokenization initiative, Project Guardian, executed foreign exchange and sovereign bond transactions on Polygon last year. Source

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