

Mastercard’s Dynamic Yield Launches AI-Driven Shopping Muse to Enhance Online Retail
On November 30, 2023, Dynamic Yield by Mastercard, from its headquarters in Purchase, NY, introduced Shopping Muse, a breakthrough in the retail landscape. This advanced generative AI tool, Shopping Muse, is set to redefine how consumers engage with online retail platforms, providing a personalized shopping experience. Shopping Muse is engineered to replicate the human touch…

Microsoft’s 2.5 billion GBP Investment in UK AI: Catalyst for Innovation and Growth
Microsoft has made an announcement on a big investment in the artificial intelligence (AI) infrastructure of the United Kingdom. The company’s objective is to dramatically enhance the capabilities of the nation’s AI. The following are some of the important topics that are covered by this all-encompassing investment plan: Microsoft intends to invest £2.5 billion ($3.2…

Circle Formally Refutes Allegations of Illicit Financing and Connections to Justin Sun
Circle, a leading issuer of stablecoins, has recently addressed and strongly refuted allegations regarding its involvement in illicit financing and alleged connections with Justin Sun, the founder of Tron. These claims, brought forward by the nonprofit watchdog organization, Campaign for Accountability (CfA), prompted Circle’s Chief Strategy Officer and Head of Public Policy, Dante Disparte, to…

Binance.US Distances Itself from Binance.com; CZ Steps Down as Chairman
Binance.US, the American arm of the globally renowned cryptocurrency exchange Binance, has made a significant announcement concerning its operations and leadership structure. This news comes in the wake of recent settlements involving Binance.com and its founder, Changpeng “CZ” Zhao. Binance.US took to Twitter on November 29, 2023, to clarify its position and operational independence from…

Google AI and Robotic Systems Forge New Frontier in Material Discovery
On November 29, 2023, a groundbreaking development in material science emerged from the collaboration of Google DeepMind and autonomous robotic systems. The initiative, spearheaded by Google’s AI division, has successfully predicted the stability of nearly 400,000 substances. This synergy of AI and robotics, known as the A-Lab, is revolutionizing the process of material creation in…

Exploring CapCut’s Diverse Image Template Categories
Exploring CapCut’s Diverse Image Template Categories CapCut’s online editor, known primarily for its video editing prowess, has expanded its offerings to include a rich collection of image templates across diverse categories. These templates cater to an array of needs, from product displays to sales promotions, from fashion products to entertainment, providing users with a plethora…

Jump Crypto Enters Confidential Phase in SEC vs. Terraform Labs Case
Jump Crypto Holdings has been allowed to submit papers in a secret manner, which is a key milestone in the litigation that the Securities and Exchange Commission (SEC) is pursuing against Terraform Labs and its creator, Do Kwon. In the current legal procedures, this action, which was approved by Federal Judge Jed Rakoff, represents a…

Dunamu’s Upbit Reports 81% Profit Drop in Q3 2023
The revenues of Dunamu, the parent company of Upbit, one of the most prominent cryptocurrency exchanges in South Korea, dropped by an astounding 81% during the third quarter of 2023, according to the company’s report. The performance of the corporation during the same quarter of the previous year stands in striking contrast to this dramatic…

Fireblocks Introduces ‘Off Exchange’ to Address Exchange Counterparty Risk, Integrates with Deribit
On November 28, 2023, Fireblocks, an innovative digital asset operations platform, announced the introduction of ‘Off Exchange’, a first-of-its-kind solution aiming to revolutionize the way institutional traders interact with digital asset exchanges. This groundbreaking platform is designed to mitigate the inherent counterparty risks that have long plagued the crypto trading market. Exchange counterparty risk in…

The Impact of Multifunction Crypto-Asset Intermediaries on Market Stability Post-FTX Collapse
The Financial Stability Board (FSB) report, along with other sources, offers significant insights into the impact of multifunction crypto-asset intermediaries (MCIs) and key market events, such as the collapse of FTX in November 2022 and the crypto-asset market turmoil in May/June 2022. These events have underscored the crucial role and potential risks posed by MCIs…