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The FSOC stated that the absence of comprehensive protection renders stablecoins susceptible to systemic disruptions, which could potentially compromise the stability of the broader financial system.The United States Financial Services…

Treasury Secretary Janet Yellen underscored the hazards that cryptocurrencies pose to the stability of the U.S. financial system during a recent session of the Financial Stability Oversight Council (FSOC).She urged for immediate…

"I remain optimistic that we will be able to launch by the end of the year," stated Ripple CTO David Schwartz during his presentation at The Block's Emergence crypto conference.The company's CTO, David Schwartz, remains optimistic…

Google's CEO warned Wednesday that scaling AI models has become harder, ending rapid development benefits.Google CEO Sundar Pichai warned at the New York Times' annual Dealbook Summit on Wednesday that AI engineers may no longer use…

Tencent claims their algorithm outperforms Runway Gen-3, Luma 1.6, and three prominent Chinese video production tools in human testing.Tencent discreetly unveiled a model that is already equivalent to top-tier video producers while…

On Dec. 5, Project Spartacus will release a free Ordinals mint of over 70,000 WikiLeaks Afghan War records.Bitcoin was young when Julian Assange published the Afghan War Logs in 2010. This technology helped WikiLeaks survive and still…

Despite local reports to the contrary, the financial watchdog stated that discussions are still ongoing.The Financial Services Commission (FSC) of South Korea has denied reports that it plans to publish a roadmap allowing corporate…

Authorities arrested 84 Russians and seized £20 million in cash and crypto to break up a laundering network.US and European authorities participated in the NCA-led operation. The operation led to 84 arrests and the confiscation of…

GAIB, a platform that specifically focuses on the development of financial infrastructure for AI computation, has effectively concluded a $5 million pre-seed funding round.Spartan, CMCC, Animoca Brands, and Near Foundation, among…

The Treasury is compelled to implement emergency measures in response to the return of the U.S. debt ceiling, which could potentially disrupt the Federal Reserve's liquidity levels and balance sheet plans.The Federal Reserve's balance…