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US Fed warns foreign CBDCs and stablecoins could lead to ‘erosion of dollar’s role’

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8 months ago

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According to the Fed, a large, stable foreign CBDC is unlikely to affect the dollar’s utility as a value storage mechanism but its use as a medium of exchange could be dampened.

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Coin Market

OpenAI may not turn a profit until 2029 despite rapid growth

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47 mins ago

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October 10, 2024

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Despite increasing revenue, OpenAI is expected to continue operating at a loss until 2029, as the cost of scaling advanced AI models remains steep.

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Coin Market

Bitget tightens token listing standards amid scam concerns

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2 hours ago

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October 10, 2024

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The new token listing requirements include reviewing lock-up periods, business plans, token distributions, and team background checks.

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Coin Market

Ripple launches digital asset custody services for banks and fintech

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2 hours ago

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October 10, 2024

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Ripple’s move into crypto custody allows the company to diversify beyond its payment settlement business. 

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