Crypto firms urge UK to form national stablecoin strategy to avoid falling behind U.S.
Stablecoin Tether and Circle’s USDC dominate the market. Justin Tallis | Afp | Getty Images The U.K. should establish a national stablecoin strategy to enable...
Tag : FinTech
Analysts downplay AI bubble worries as Altman says some investors will be left ‘very burnt’
The artificial intelligence boom that Sam Altman helped ignite with ChatGPT in late 2022 is starting to make even him uneasy. Startups with little more...
OpenAI’s Altman warns the U.S. is underestimating China’s next-gen AI threat
OpenAI CEO Sam Altman warned that the U.S. may be underestimating the complexity and seriousness of China’s progress in artificial intelligence, and said export controls...
Tech IPOs are roaring after ‘years of Prohibition’ — it may be too good
Brendan Blumer, Chairman of of Bullish and Tom Farley, CEO of Bullish, Bullish a cryptocurrency exchange operator, pose with staffs during the company’s IPO at...
OpenAI in talks with investors about share sale at $500 billion valuation
Sam Altman, CEO of OpenAI attends the annual Allen and Co. Sun Valley Media and Technology Conference at the Sun Valley Resort in Sun Valley,...
OpenAI’s ChatGPT to hit 700 million weekly users, up 4x from last year
Jaque Silva | Nurphoto | Getty Images OpenAI is set to hit 700 million weekly active users for ChatGPT this week, up from 500 million...
Ethereum turns 10: From scrappy experiment to Wall Street’s invisible backbone
CANNES — Ten years ago, Vitalik Buterin and a small band of developers huddled in a drafty Berlin loft strung with dangling lightbulbs, laptops balanced...
Neobank Revolut seeks $65B valuation, a year after its $45B deal | TechCrunch
Europe’s fintech darling Revolut is looking to raise a new funding round that would give it a $65 billion valuation, the Financial Times reports. The...
Robinhood CEO downplays OpenAI concerns on tokenized stock structure
Robinhood CEO Vlad Tenev says it’s not “entirely relevant” that the trading platform’s so-called tokenized shares of OpenAI and SpaceX aren’t technically equity in the...
Jack Dorsey launches a WhatsApp messaging rival built on Bluetooth
Twitter CEO Jack Dorsey testifies during a remote video hearing held by subcommittees of the U.S. House of Representatives Energy and Commerce Committee on “Social...