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Barclays To Ban All Crypto Transactions on Its Bank Cards, Citing Volatility Risks
One of the biggest financial institutions based in the United Kingdom (UK) is blocking all crypto transactions on its bank cards. In a new post, UK banking titan Barclays says it is barring all digit...
Aaron Sorkin is making a sequel to The Social Network
The Social Network is finally getting a sequel courtesy of Sony. Deadline reports that Sony is moving forward with The Social Network Part II, a “follow-up” to David Fincher’s 2010 featu...
RFK Jr.’s ACIP Appointees Are So Terrible, At Least One GOP Senator Prefers They Not Meet At All
It’s a bit jarring to be reminded that it was only on June 10th that RFK Jr. decided to fire every member of ACIP, the CDC’s immunization advisory panel. Those 14 experts had a variety of backgrou...
Content Tokenization Could be the Next Biggest AI Trend – Here’s Why
Leading media organizations are increasingly signing licensing agreements with AI giants. For newspapers like The New York Times, such a deal safeguards their intellectual property and provides an add...
US adopts crypto in mortgage risks as Fannie Mae and Freddie Mac update asset models
US Federal Housing Finance Agency (FHFA) Director Willian J. Pulte ordered on June 25 that Fannie Mae and Freddie Mac treat cryptocurrency reserves as eligible assets when they measure risk on single-...
Employee at Billion Dollar Bank Embezzles $44,000 From Customer Accounts Before Being Banned From Industry
An employee at a $23.8 billion bank embezzled $44,000 worth of customer money before getting slapped with an industry ban. The Federal Reserve says former Bank of Hawaii employee Alohi Kaupu-Grace, 23...
Coinbase (COIN) Shares Explode Nearly 60% on Stablecoin Optimism and Regulatory Tailwinds
Shares in US crypto exchange Coinbase (COIN) are seeing massive gains amid regulatory advancements. Shares in COIN soared from June’s low of $235 to a high of $369 as the platform gained a license t...
Russian Ruble-Backed Stablecoin Traded $9 Billion in Four Months
A7A5, a ruble-backed stablecoin launched in Kyrgyzstan to help Russia facilitate cross-border payments and bypass international sanctions, has moved $9.3 billion in transactions in just four months. ...
JPMorgan Launches $2 Billion ETF as Exec Backs High-Yield Debt Over Private Credit
Finite opportunities in private credit are creating public, high-yield debt opportunities, J.P. Morgan Asset Management CEO George Gatch said, according to a Wednesday (June 25) Bloomberg report. ...
How AI-Driven Shelves and Data Are Changing Carrefour’s in-Store Experience
French supermarket giant Carrefour is accelerating its digital transformation by creating the next generation of connected stores, with artificial intelligence (AI) embedded in its omnichannel retail ...
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