money

Walking the Tightrope

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Time Stamp: November 15, 2023 5:02 AM - Modified On: November 15, 2023 - Published By:
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As we stand on the verge of a new era in crypto, it’s crucial to reaffirm the importance of decentralization. Beyond being a mere aspiration, decentralization serves as the lifeblood of the crypto world, standing as the pivotal force that draws the line between freedom and control. Amidst the hype surrounding the impending approval of a spot Bitcoin ETF in the United States, accompanied by the influx of capital from behemoths like BlackRock, the immediate market surge raises a serious question for the future of crypto. Are people here for

Verofax wins GITEX Supernova Web3 & Blockchain Award 2023

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Time Stamp: October 31, 2023 2:22 PM - Modified On: October 31, 2023 - Published By:
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DUBAI, Nov 1, 2023 - (ACN Newswire) - Verofax, an innovator in Brand & Retail solutions, was selected among 521 startups globally as the best solution offering for Web3 & Blockchain, at the GITEX 2023 Expo,  Supernova Challenge in Dubai. Verofax, a UAE-based startup and service provider for turning shopping & products interactive, has emerged as the winner of the 2023 Supernova Challenge at Expand North Star Dubai, the world's largest startup event. The startup received the prize after rounds of pitching against global finalists. Verofax's groundbreaking solution combines interactive Product

Do you know baccarat, the flower of online casino games?

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Time Stamp: September 19, 2023 9:04 AM - Modified On: September 25, 2023 - Published By:
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Baccarat is one of the most popular card games in casinos, and involves comparing cards between the player and the banker (or dealer) to determine the winner. The rules of Baccarat are simple, but it is a game that can be enjoyed in a variety of ways. Baccarat first appeared in online casino games in the mid-1900s when the Internet became popular. It was limited in the beginning, but in the 2000s, improvements in computer graphics and Internet speeds made it possible to provide a more realistic gaming environment, which

AI Giants Pledge to Watermark

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Time Stamp: July 29, 2023 1:55 PM - Modified On: July 29, 2023 - Published By:
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Seven AI tech giants – OpenAI, Microsoft, Google, Meta, Amazon, Anthropic, and Inflection – have committed to watermarking AI-generated content. The goal is to label the provenance of AI-generated text, video, audio, and images, thereby reducing the risk of misleading users about the content’s origins. As Google’s blog aptly puts it, “None of us can get AI right on our own.” Deepfakes have been used in many controversial ways, like creating viral fake images or scamming people out of large sums of money. The proposed watermark, embedded in the content,

The Fight for Financial Freedom

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Time Stamp: July 10, 2023 5:31 AM - Modified On: July 10, 2023 - Published By:
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As the grasp of regulators tightens on the global cryptocurrency market, exchanges such as KuCoin are being compelled to implement mandatory pre-purchase checks. In tandem, several prominent banks are limiting funds transferred to cryptocurrency exchanges under the guise of protecting customers from fraudulent activities. In the background, the Financial Action Task Force (FATF) is looming over these rapidly evolving regulations. The FATF underscores the significance of Know Your Customer (KYC), Know Your Business (KYB), Know Your Transaction (KYT), and Anti-Money Laundering (AML) regulations applicable to all financial transactions, cryptocurrencies included.

Stablecoins Under Scrutiny

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Time Stamp: July 1, 2023 9:37 AM - Modified On: July 1, 2023 - Published By:
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Amidst the market’s recovery from the recent onslaught of SEC crackdowns, rumors swirl over the potential targeting of stablecoins in their crosshairs. Such a move could have profound implications for cryptocurrency prices, making it crucial to gauge the likelihood of this scenario and the approach regulators might adopt. The largest stablecoins by market cap are Tether’s USDT and Circle’s USDC. Both are pegged to the US dollar and backed by various assets, typically highly liquid instruments like US Treasury bills. In theory, when someone wants to buy stablecoins from an

Alexandro C. Roamers and 33 Nobel Prize winners Assisi meeting

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Time Stamp: June 22, 2023 6:16 AM - Modified On: June 22, 2023 - Published By:
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For the first time in history, 33 Nobel Prize winners and the winner of the last Saint Francis Dassi Award, Alejandro G. Roamers, met to speak to humanity. On June 10, a world meeting was held in the Vatican, initiated by a fund called "Fratelli Totti". The event dealt with the human sister and sisters, its name was "Not Alone" and turned into a day of celebration and unity around the principles of the encyclopedic letter Pratli Totti: "Joining forces to build a more coordinated world". Fratelli Totti Foundation ,

Crypto Chaos

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Time Stamp: May 10, 2023 6:28 AM - Modified On: May 10, 2023 - Published By:
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Despite the second-largest bank failure in US history, the Federal Reserve continued its interest rate hike strategy last week. This caused markets to react by pricing in continued monetary tightening, pushing back their expectations of rate decreases to 2024. Some have perceived this move as necessary to combat inflation, even if it comes at the cost of breaking the banking sector. Unfortunately, this sober outlook suggests that the rest of the year may be marked by more sideways action in the markets rather than a steady recovery. Meanwhile, in the

Transformational Chief Executive of the United Nations Joint Staff Pension Fund joins Blockchain Conference

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Time Stamp: May 4, 2023 11:19 AM - Modified On: May 4, 2023 - Published By:
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Washington, DC - The Government Blockchain Association (GBA) is pleased to announce that Ms. Rosemarie McClean, Chief Executive of the Pension Administration and Assistant Secretary-General of the United Nations, will participate at the upcoming conference, The Future of Money, Governance, and the Law, on May 24-25, 2023, in Washington, DC. Ms. McClean is a seasoned leader in her field, overseeing operations in pensions administration, client services, IT, project management, and process improvement at the United Nations Joint Staff Pension Fund (UNJSPF). She is the Executive Sponsor of a live blockchain

Paribus. Trust Less.

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Time Stamp: May 3, 2023 4:37 AM - Modified On: May 3, 2023 - Published By:
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One month ago, Jerome Powell, head of the Federal Reserve in the US, announced that the banking system was sound and robust despite the collapse of several large banks. After raising rates a further 0.25%, he said, “We’re committed to learning the lessons from this episode and to work to prevent events like this from happening again.” As we prepare for another potential 0.25% rate hike on May 3rd, another major bank in the US, First Republic Bank, has collapsed. Its collapse is part of a larger trend of consolidation

International Government Leaders Talk Crypto & Digital Assets in Washington

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Time Stamp: April 26, 2023 5:43 AM - Modified On: April 26, 2023 - Published By:
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Washington, DC – The Government Blockchain Association (GBA) is set to host an event that will bring together government leaders to discuss the radical changes in money, cryptocurrency, banks, and central bank digital currencies (CBDCs). The conference, titled "The Future of Money, Governance, and the Law," will include law makers, regulators, innovators, and business leaders who are shaping the financial system. "The Future of Money, Governance, and the Law will bring together government leaders during this decisive time to examine changes in money and the laws governing it. We are