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US Senate approves landmark GENIUS Act for stablecoin regulation
The Senate approved the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act in a 51-23 vote on June 17, sending the measure to the House for consideration. The vote followed a...
US Senate Passes the GENIUS Act Stablecoin Bill
The Senate just voted to pass the GENIUS Act, ensuring this bill will become law. It will have massive implications for ...
Revolut Plans to Launch AI Assistant for Consumers’ Financial Decision-Making
Finance app Revolut is reportedly experimenting with an artificial intelligence (AI) financial assistant and plans to launch it soon.  [contact-form-7] Speaking at a Bloomberg New Voices e...
Amazon CEO says it will cut jobs due to AI’s ‘efficiency’
Amazon CEO Andy Jassy says advancements in AI will “reduce” the company’s corporate headcount over the next fe...
Banking Giant JPMorgan Tests Deposit Tokens on Base
The $4 trillion financial institution is piloting “deposit tokens” on Coinbase’s Ethereum Layer 2 blockchain, Base....
Fossil fuels are an insurance disaster  
Heatwaves, mold, and plastic pollution pose new risks to businesses and insurance companies, a new report by reinsur...
Streaming Overtakes Broadcast and Cable Watchers for First Time 
America is now officially a nation of cord-cutters, according to new Nielsen data. [contact-form-7] For the first time ever, the number of viewers who watched TV via streaming services has...
JPMorgan Reveals New Details of its JPMD Stablecoin
JPMorgan is going public with details about its new JPMD stablecoin, which will launch on the Base blockchain. The firm will begin a pilot program sometime in the next few days. Technically, JPMD ...
JPMorgan pilots tokenized deposit token on Base, targeting instant dollar transfers
JPMorgan will pilot a dollar-denominated deposit token called JPMD on Coinbase’s Base blockchain within days, global blockchain division co-head Naveen Mallela said in an interview with Bloomberg Ne...
Coralogix Debuts AI Agent After Raising $115 Million
Israeli data analytics platform Coralogix has reportedly reached unicorn status. [contact-form-7] The company nearly doubled its valuation to more than $1 billion in its latest funding rou...
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