Here is our pick of the 3 most important Stablecoin news stories during the week. The what and how of Regulations! This week as markets continued to crash the discussion increased about what and how the stablecoin and broader Crypto market should be regulated. Everyone seems to be waiting on the U.S. which could have a ... Read more ›
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Everyone is talking and working on Web3. Jack Dorsey is going even further, talking about Web5 powered by Bitcoin. Web3 is the new evolution of the web that’s powered by crypto. On Web2 platforms like Facebook and Twitter, users can only “read and write.” On Web3 platforms, users can “read, write and own” — meaning ... Read more ›
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 A crash is coming: Rejoice  You might not like what Andrew Orlowski has to say but as he says “ the tech sector is long overdue a correction- Kick back and watch creative destruction do its thing”. Don’t worry. Be happy. But a correction is due and it has already arrived with VC backed ... Read more ›
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Here are the three most relevant developments in the world of structured reporting we became aware of in the course of last week. 1  SEC approves new rules that expand electronic filing requirements On June 2, 2022, the U.S. Securities and Exchange Commission adopted rule and form amendments (the “Amendments”) that mandate the electronic filing ... Read more ›
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As cars get smarter, the volume and granularity of real-time data generated is on the rise. With connected cars set to grow further, newer opportunities for digital innovation are springing up across the auto insurance value chain, bolstered by growing ecosystems. While consumers gain in increased convenience, AI-enabled connected platforms deliver cost savings and multiple ... Read more ›
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Here is our pick of the 3 most important Stablecoin news stories during the week. How do we handle failure? Some interesting developments in the regulatory sphere this week that are more accommodating of innovation. The big problem of innovation is that we love what we get when it works, however it is by necessity a ... Read more ›
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Last Friday, I visited Blender Gallery in Athens for an exhibition by Philip Tsiaras. When speaking gallery’s curator I was pleasantly surprised to find out that they had created NFTs of the artist’s artwork, making them available on their curated marketplace called “Blenderverse.” It’s no secret that NFTs changed the art game. Although non-fungible tokens ... Read more ›
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Gullibility in untrained and poorly regulated financial markets The Times chronicles how investors are so easily fooled by plausible crooks with a business card and a suit. For Investors, some of whom are supposed to be professionals read lenders. The basis of this is that three fund managers working for a German Insurance company fooled ... Read more ›
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Here are the three most relevant developments in the world of structured reporting we became aware of in the course of last week. 1  Revisions to Calculations 1.1 ensure global utility The XBRL Standards Board has approved a second Candidate Recommendation of the Calculations 1.1 specification, with improvements to ensure full international applicability. The Calculations specification ... Read more ›
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The energy industry is changing. A U.S. Energy Information Administration report found that solar and wind accounted for most new electricity capacity. With diminishing costs and increased demand, the solar and wind sectors are the future of energy. In the US, investment in renewable energy is expected to hit $1 trillion by 2023, up from ... Read more ›
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Here is our pick of the 3 most important Stablecoin news stories during the week. Now what!?? As the dust settles on the cataclysmic collapse of the Terra (UST) ecosystem, an on-chain deep-dive carried out by blockchain analytics firm Nansen highlights two major takeaways. Only a few (7 wallets) along with deep knowledge (maybe inside) of ... Read more ›
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Disruptive innovation such as Bitcoin is usually bottom up, with initial traction from people who are not concerned with legality. However for Bitcoin to become mainstream it does require some top down legislation; most people are concerned with legality. El Salvador and other jurisdictions making Bitcoin legal tender are giving the people some legal certainty. ... Read more ›
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It looks like Christine Lagarde, the President of the European Central Bank, has lost her sleep and is having nightmares over crypto. On a recent episode of the Dutch television show “College Tour,” when speaking about cryptocurrencies Lagarde said that “my very humble assessment is that it’s worth nothing”, and continued “it’s based on nothing, ... Read more ›
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  HSBC suspends banker over Nutjob climate change comments Stuart Kirk certainly made some injudicious comments about climate change but why suspend him when what he said was common sense. I am not a climate change zealot but that does not mean that I don’t believe in climate change. I just have faith that ... Read more ›
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Accountancy Europe on assurance of EU ESG disclosures Accountancy Europe has released an interesting discussion paper on sustainability assurance under the proposed Corporate Sustainability Reporting Directive (CSRD). The CSRD introduces an EU-wide requirement for limited assurance on sustainability information, with the end goal to move to reasonable assurance in the longer term. Assurance is one ... Read more ›
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Investors are sharpening their focus on digital marketplaces that generate business for incumbent carriers. Building a successful marketplace in insurance is far from trivial – significant friction exists, and a critical mass is needed for the network effects to be valuable to participants. On the one hand, owning the customer relationship is crucial. On the ... Read more ›
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Here is our pick of the 3 most important Stablecoin news stories during the week. Here come the Regulators! After the failure in recent weeks of an Algo stablecoin (Terra) the Regulators have now got some red meat to stick their teeth into and propose sweeping regulations of the entire industry and this week they pounced.  ... Read more ›
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Quick recap; the  Salvadoran Colon currency failed due to inflation, then they switched to the US Dollar and then they added Bitcoin as legal tender in 2021. El Salvador’s new Bitcoin law requires every trader who is technically able to do so to accept the cryptocurrency. People are also able to pay their taxes in ... Read more ›
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Coinbase’s first-quarter earnings report showed a $430 million loss in revenue and a 19% drop in users, going from 11.4 million to 9.2 million MTUs – monthly transacting users. It also showed that in 2021 subscription and services revenue grew by 10x over 2020, generating $500 million ($200 million in Q4) representing 7% of the ... Read more ›
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This week our experts brought you the following insights based on their experience as investors, entrepreneurs & executives. This will be the last This Week in Fintech post. I am doing this so that I can devote more of my time to growing Daily Fintech as a business  – watch this space for a number of new ... Read more ›
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Business Insider | 20% 13 |
The Verge | 11% 5 |
Gizmodo | 9% 4 |
Tech Wire Asia | 8% 2 |
Tom's Hardware | 8% 5 |
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27.11.2024 08:39
Last update: 08:32 EDT.
News rating updated: 15:34.
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