Beijing is making one of its biggest top-down efforts in years to tackle the debts racked up by local governments in a sign of authorities’ mounting concern over the risk to financial stability as the economy falters. China’s state council, the country’s cabinet, is sending teams of officials to more than 10 of the country’s
News
Long gone are the days back when Tesla Inc TSLA CEO Elon Musk wanted to rebrand the digital payment company as X.com two decades ago when he participated in its inception. Musk sees X as the letter that shows the power to change the world. Back then, he believed it can take over the worlds
The digital payment systems landscape is evolving with the introduction of Beam, a new crypto wallet launched by the Eco Protocol, promising the most cash-like digital payment experience ever created. This crypto wallet harnesses the capabilities of Optimism and Coinbase's Base network, enabling everyone to execute decentralized, onchain payments. Users need not fret over the
Robinhood Markets Inc HOOD is on deck to issue its second-quarter earnings on Wednesday after the closing bell. With the potential to act as an indicator of retail trading activity, investors are keenly watching the results. Lets take a closer look at what to expect. Robinhood By The Numbers: The Menlo Park, California-based company is
In the early hours on Monday, Sam Altman, CEO of OpenAI and the driving force behind AI models like ChatGPT, launched his latest venture Worldcoin (WLD). With OpenAI going from a non-profit private organization, to a for-profit private organization in 2019, some questions bear asking: What is Worldcoin? Is it safe? What is it for?
China's regulatory authorities have allowed for the integration of Visa and Mastercard with two predominant mobile payment platforms, Alipay and WeChat Pay, to ease financial transactions for foreign visitors. These integrations come amidst a surge in Visa's stock prices, which has seen an over 14% increase this year and could potentially surpass its previous record.
Bolivian National Deputy Mariela Baldivieso is spearheading an initiative to legalize cryptocurrencies in Bolivia. The proposal aims to lift the current ban on crypto assets and urges the Ministry of Economy and Public Finance to establish regulatory norms. "Bolivia needs to embrace new technologies as a transformative opportunity to strengthen our economy, promote financial inclusion,
Flying high — Its finally timeVirgin Galactic is flying private astronauts into space It must be a magical moment to float freely above the world. Eric Berger – Aug 10, 2023 3:17 am UTC Enlarge / Anastatia Mayers, Jon Goodwin, and Keisha Schahaff are the private customers on board Galactic 02.Virgin Galactic reader comments 28
In honor of the entire mainstream media squawking about interest rates at 22-year highs (while being in-line with long-term trends), well be introducing all of this weeks Things with clickbait headlines. This week, DKI readers and Twitter (or X) followers will get to read about: Fed Raises to Highest in 22 Years Is Jerome Powell
emergency patch pipeline for Microsoft now! — How an unpatched Microsoft Exchange 0-day likely caused one of the UKs biggest hacks ever Evidence appears to show a critical 0-day tracked as ProxyNotShell was exploited. Dan Goodin – Aug 9, 2023 9:58 pm UTC Enlarge / Building with Microsoft logo.Getty Images reader comments 23 with Its
The month of June marked the beginning of a regulatory storm for Coinbase COIN . The SEC accused the company of operating as an unregistered broker, a charge that was part of a broader crackdown on cryptocurrency exchanges. Despite the significant fallout, which saw Binance BNB/USD experience a $300 million liquidation of crypto positions, Coinbase
By Dr. Liji Thomas, MD Aug 10 2023 Reviewed by Sophia Coveney A new paper, recently published in Nature Medicine, has shown how Alzheimer’s disease (AD) pathology comes into being over a period of almost three decades. Study: Cerebrospinal fluid proteomics define the natural history of autosomal dominant Alzheimer’s disease . Image Credit: Atthapon Raksthaput/Shutterstock.com
Founded in 2019, TradeStation partner Aries is debuting on StartEngine, the same crowdfunding platform trusted by famed businesspeople and investors like Kevin OLeary. Aries challenges traditional full-stack brokers, sporting the tools Main Street needs to compete with its better capitalized and informed peers on Wall Street. Available in 130 countries, Aries differentiates itself by offering
In a significant move for the fintech sector, TIFIN, a leading artificial intelligence (AI) platform for wealth, and J.P. MorganJPM have announced the launch of TIFIN.AI. This new venture aims to accelerate the development of AI-powered fintech companies, building on the success of TIFIN Studios, which created five profitable companies between 2018 and 2021.A New
FROM THE MINISTRY OF SILLY PROTOCOLS — Next-gen OSDP was supposed to make it harder to break in to secure facilities. It failed. OSDP Secure Channel has yet to gain widespread usage, and it’s already broken. Dan Goodin – Aug 9, 2023 2:30 pm UTC EnlargeGetty Images reader comments 100 with Researchers have discovered a
The month of June marked the beginning of a regulatory storm for Coinbase COIN . The SEC accused the company of operating as an unregistered broker, a charge that was part of a broader crackdown on cryptocurrency exchanges. Despite the significant fallout, which saw Binance BNB/USD experience a $300 million liquidation of crypto positions, Coinbase
ad nubes per aspera — How we host Ars, the finale and the 64-bit future We wrap up our four-part series by tying up loose ends and looking ahead. Lee Hutchinson – Aug 9, 2023 1:00 pm UTC EnlargeAurich Lawson | Getty Images reader comments 69 with Hosting Ars How we host Ars, the finale
In honor of the entire mainstream media squawking about interest rates at 22-year highs (while being in-line with long-term trends), well be introducing all of this weeks Things with clickbait headlines. This week, DKI readers and Twitter (or X) followers will get to read about: Fed Raises to Highest in 22 Years Is Jerome Powell
Robinhood Markets Inc HOOD is on deck to issue its second-quarter earnings on Wednesday after the closing bell. With the potential to act as an indicator of retail trading activity, investors are keenly watching the results. Lets take a closer look at what to expect. Robinhood By The Numbers: The Menlo Park, California-based company is
The Biden administration will ban US investment into quantum computing, advanced chips and artificial intelligence sectors in China, as it ratchets up efforts to ensure the Chinese military does not benefit from American technology and capital. President Joe Biden on Wednesday issued an executive order establishing the prohibitions, which will largely affect private equity and