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Together with Parity Technologies, the firm plans to provide custody for the Polkadot ecosystem, offering digital asset storage services for financial institutions. The two plan to offer staking of DOT, Polkadot's native token in order to further expand the network's reach among institutions. Source
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Following the strategic partnership, Westlake Financial will leverage Pagaya’s relationships with asset managers and other partners to finance the auto loans. Westlake Financial, an established automotive fintech company with over $24 billion in Assets Under Management (AUM), has announced a strategic partnership with Pagaya Technologies Ltd (NASDAQ: PGY), an Artificial Intelligence
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“Had Figure not withdrawn its application, both law and common sense would have dictated that regulators reject it,” said Jesse Van Tol, president and CEO of the National Community Reinvestment Coalition, in a statement that accused the company of making insufficient plans to meet a bank’s customary obligations under the
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On July 25, the United States Senate backed bipartisan legislation mandating U.S. companies to report any investments in Chinese technologies. In an overwhelming vote of 91 to 6, the Senate supported the amendment to the National Defense Authorization Act (NDAA), which is anticipated to be implemented later in 2023. The amendment
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The municipal government of Beijing plans to train 10,000 engineering talents each year in emerging technologies including blockchain, artificial intelligence (AI) and big data, Chinese state media Xinhua News Agency reported Sunday.See related article: China to set up national blockchain technology research center in BeijingFast factsThe decision came from a
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The Information Commissioner’s Office (ICO) is recommending organisations to start using privacy enhancing technologies (PETs) to share people’s personal information safely, securely and anonymously. These types of technologies open unprecedented opportunities for organisations to harness the power of personal
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Neurotech poses major risk of being biased if not developed and used correctly Neurodivergent people particularly at risk of discrimination ICO is set to develop guidance for developers of neurotech The Information Commissioner’s Office (ICO) is warning that newly emerging neurotechnologies
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What got to me was not that founders are so obsessed with securing venture capital that they’ll glob onto the next “in” thing. (Let’s save that problem of Silicon Valley fickleness for another time.) It was that people see the various elements of the complex new digital economy forming around
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Palantir also revealed that it closed the quarter with $1.62 billion in US Treasury securities. Software company Palantir Technologies (NYSE: PLTR) has sold all the gold bars it acquired in August 2021. The company invested $50.9 million to buy 100-ounce precious metal, which it said will be initially kept in a secure
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According to a recent filing with the U.S. Securities and Exchange Commission (SEC), Bitdeer Technologies Holdings, a digital mining firm founded by crypto-billionaire Jihan Wu in 2018, plans to be listed on Nasdaq this Friday. The bitcoin mining firm is scheduled to go public through a special purpose acquisition company
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