US Oversight Committee Issues Stern Warning to Gary Gensler
Market Analysis

US Oversight Committee Warns SEC Chair Gary Gensler

October 13, 2023 0

The US House Committee on Oversight and Accountability has issued a warning to US Securities and Exchange Commission (SEC) Chair, Gary Gensler, to start cooperating or face disciplinary action. “If you do not begin cooperating […]

Mastercard's successful CBDC wrapping trial for NFTs
Market Analysis

Mastercard’s successful CBDC wrapping trial for NFTs

October 13, 2023 0

The trial involved wrapping CBDCs for use in purchasing NFTs on blockchains. Mastercard’s Multi Token Network played a pivotal role in the trial. There is a growing importance of CBDCs and blockchain in the financial […]

Market Analysis

Mastercard Boasts NFTs Potential In CBDC Pilot

October 13, 2023 0

Mastercard has detailed its latest findings regarding non-fungible tokens (NFTs) following its participation in Australia’s central bank digital currency (CBDC) pilot project. “It also unlocks new opportunities for collaboration between the public and private networks […]

Why Google Employees Are Questioning Bard’s Helpfulness
Market Analysis

Google Bard Employees Question Usefulness of AI Models

October 13, 2023 0

The screenshot of a Discord server dedicated to Google’s artificial intelligence (AI) chatbot, Bard, suggests that some Google employees question the helpfulness of large language model (LLM) chatbots. AI chatbots became mainstream in 2023 due […]

USDR liquidity crisis costs a trader 131,350 stablecoins
Market Analysis

USDR liquidity crisis costs a trader 131,350 stablecoins

October 13, 2023 0

USDR suffered a liquidity crisis, revealing its illiquid assets. A trader lost everything swapping USDR for USDC during the crisis. An MEV bot profited $107,002 from the arbitrage opportunity. The Real USD (USDR) stablecoin recently […]