Best Stocks
ChatGPT’s Website Traffic Down 9.7% from June as AI Fatigue Sets In: Report
ChatGPT's traffic in the US and on a global level fell by 10.3% and 9.7% in June, respectively.
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FinTech
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FinTech
Best Stocks
Alibaba up 3.4% as China Completes Ant Group Probe with a $984M Fine
Alibaba shares spiked on Friday after Chinese regulators brought their crackdown on Ant Group to an end.
FinTech
DBS Launches Automated CDBC Settlement Platform for Merchants in China
Singapore's biggest bank DBS launched a solution that allows Chinese consumers to collect digital yuan payments.
Banking
Singapore Releases New AI Toolkit to Encourage Fair and Ethical Use in Finance
The Veritas Toolkit 2.0 was mainly developed by Accenture and Bank of China, while other banks participated in pilot testing.
Crypto
Hong Kong Plans to Launch Regulatory Framework for Stablecoins by 2024
Hong Kong plans to establish a framework for stablecoins by the end of next year.
Crypto
Swift to Test Tokenized Asset Transactions with Major Banks
SWIFT's broad network connects more than 11,000 banks and financial institutions.
FinTech
New ASEAN Cross-Border Payment System Reduces Fees by 30%
Singapore, Vietnam, and the Philippines are expected to be included in the new payment system soon.
Market Analysis
Dispersion Capital Unveils $40M Fund For Development of Web3 Infrastructure
Dispersion Capital is seeking to help develop “foundational web3 infrastructure” that will accommodate millions of users.
FinTech
Solana Becomes First Layer 1 to Integrate AI With ChatGPT Plugin
Solana Foundation announced it is integrating artificial intelligence as well as launching an accelerator program and grant for AI-focused research.
FinTech
Twitter’s Partnership with eToro and the Future of Social Trading
Will eToro be the push that Musk needs to make Twitter “the biggest financial institution in the world”?
Crypto
“Horrendous Idea” to Back Up Keys Leads to User Backlash for Ledger
The optional subscription service to recover seed phrases is treading a fine line between convenience and controversy.
Best Stocks
Buffet-Backed Nubank’s Shares Up 5.4% Premarket on Back of Strong Quarter
Nubank's shares are up more than 55% since the start of 2023, driven by strong growth.
Crypto
New Blockchain Launched for Institutions, Backed by Microsoft, Goldman Sachs
The new Canton Network disregards public transparency in favor of data control, enterprise-grade performance, and security.