The market for cryptocurrency exchange-traded funds (ETFs) will expand to encompass new types of digital assets as well as diversified crypto indexes, according to an executive at asset manager Grayscale Investments. “We're going to see a number of more single asset products, and then also certainly some index based and...

Crypto ETFs will expand to new asset types, indexes — Grayscale executive

PYMNTS

Money transfer firm Wise is reportedly hoping to tap India’s $32 billion remittance market. To that end, Wise plans to begin signing up new customers in the world’s most populous nation after pausing that side of its business in the country, company officials told Bloomberg News Monday (Aug. 12).

Wise Resumes Signing Customers in India to Tap $32 Billion Remittance Market

Thailand’s Securities and Exchange Commission said the sandbox is now open for applications for participants including crypto exchanges, brokers, custodians and fund managers. The sandbox intends to test crypto services in a “real-life context,” the regulator said. Thailand’s securities watchdog has launched a sandbox for cryptocurrency businesses...

Thailand launches crypto regulatory sandbox to ‘facilitate experiments’

JPMorgan Chase has rolled out a generative AI assistant to tens of thousands of its employees, the initial phase of a broader plan to inject the technology throughout the bank. The program, called LLM Suite, is already helping more than 60,000 employees with tasks like writing emails and reports. The...

JPMorgan Chase is giving its employees an AI assistant powered by ChatGPT maker OpenAI

New York State

The New York State Department of Financial Services (NYSDFS) is seeking a specialist to help develop policies on cryptocurrencies, decentralized finance (DeFi) and artificial intelligence, among other related fields. The New York financial regulator is seeking candidates for a position within its Innovation Policy Unit, who will be specially tasked...

New York regulator hunts crypto and AI specialist for policy unit

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community_voice

NewsNinja

"They accidentally gave us 2 washers and a dryer when we only ordered 1 of each". Last month, Lowe’s experienced a glitch that lowered the price of its $2,300 Midea jumbo capacity refrigerator to just $169.

‘Lowe’s messed up’: Shopper says they got $2,300 fridge at Lowe’s for just $169

One Walmart shopper is issuing a warning against buying meat at the massive retail chain—but the reason why isn’t strictly tied to Walmart. It seems that customers at stores such as Walmart believe it's acceptable to grab perishable items, such as meat or dairy, and then place them on any available shelf if they decide they no longer want them.

Walmart customer shares why they will never shop for meat at the store leaving viewers torn

Irvine, CA

Contributors represent independent, third-party users who have joined our contributor program and self-verified their accounts. They have also demonstrated their experience writing hard news for other outlets. Contributors are expected, like all users, to adhere to our Community Standards.

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NewSantaAna

A check from an Irvine business was intercepted from the mail around May 3, according to the Irvine Police Department . This man is suspected of depositing the stolen check into an ATM account. The investigation is ongoing, but it would be helpful to the investigation to identify this suspect.

Man wanted for stealing a $20K check in Irvine and depositing it at an ATM

Resy co-founder Ben Leventhal explains how his new web3 project Blackbird incorporates blockchain technology and how it would allow for diners to pay for meals in crypto.

Resy co-founder explains new web3 project designed to allow diners to pay for meals with crypto

North Carolina State

Town Talks

In North Carolina, the divorce process can be challenging, particularly due to the mandatory one-year separation requirement. This law mandates that couples must live separately for at least a year before filing for divorce, a rule that can be frustrating for many.

You might be granted a divorce in North Carolina if your spouse is ‘incurably insane.’ Here’s how

Crypto lending platform Euler Finance has announced the results of 29 audit reports from 12 different cybersecurity firms regarding its “v2” relaunch. According to the announcement, the reports show that all security issues were resolved. The protocol also held a public $1.25 million post-audit bug bounty that resulted in no medium or higher severity issues being found.

Euler announces 29 audit reports after $4M spent to shore up security

The Bank of Japan (BoJ) won’t hike its benchmark interest rate again this year following the economic turmoil caused by the last sudden hike, according to a former board member of Japan’s central bank. “They won’t be able to hike again, at least for the rest of the...

BoJ ex-board member says another rate hike unlikely this year

Detained Binanance executive Tigran Gambaryan’s health continues to deteriorate, according to his wife Yuki, and he requires two surgeries to remove his tonsils and correct a herniated disc in his back. In the impassioned plea to release her husband, Yuki implored the Nigerian government to either release Tigran or...

Tigran Gambaryan’s health worsens, surgery now required

Indian telecom and tech giant Bharti, the parent company of Airtel, has announced an acquisition in the global telecommunications sector. As reported by Techcrunch, Bharti will purchase a 24.5% stake in British Telecom (BT) from Altice, a deal valued at approximately $4 billion. This acquisition will make Bharti the largest shareholder in BT, the U.K.'s former incumbent telecoms carrier.

Bharti Acquires 24.5% Stake in BT for $4 Billion, Strengthening 5G, AI Collaboration

MicroStrategy purchased its first Bitcoin (BTC) stash on Aug. 10, 2020, becoming the first public-traded company to adopt the cryptocurrency as its primary treasury reserve asset. Four years later, the bold move has evolved into a defining strategy for the company that has outpaced even the returns of Warren Buffett's Berkshire Hathaway.

4 years in, MicroStrategy’s Bitcoin gamble beats Warren Buffett’s warning

New York City, NY

Jacksonville, FL

Jacksonville Today

The Wells Fargo name is gone from the Downtown skyline. The name atop the former Wells Fargo Center was removed Sunday . A helicopter flew away each of the 20 letters and deposited them at a lot across from the Maxwell House Coffee plant on East Bay Street.

Wells Fargo name removed from Downtown tower

[PRESS RELEASE – Delaware, United States, August 10th, 2024]. TokenGlade, an innovative platform transforming digital token management on the Stellar blockchain, is thrilled to announce the official launch of its presale. Starting today, investors have an exclusive opportunity to purchase $TKG tokens at a special presale price, paving the way for a new chapter in digital finance.

TokenGlade Announces Presale of $TKG Tokens: A New Era in Digital Finance

Pennsauken Township, NJ

Sicklerville, NJ

Morristown Minute

Charges include altering and cashing stolen checks, with potential penalties up to 30 years in prison. Four men from South Jersey have been officially charged with conspiracy to commit bank fraud, as announced by U.S. Attorney Philip R. Sellinger. The defendants—Tracy Felder-Carter, 23, of Blackwood; Dante Ford, 28, of Pennsauken and Sewell; Quamell Keyes-Griffin, 21; and Donovan Bunch, 22, both of Sicklerville—appeared today before U.S. Magistrate Judge Elizabeth A. Pascal.

Jersey Men Charged in Stolen Mail Check Fraud

In today’s interconnected world, businesses and individuals frequently engage in international transactions. Whether you are a multinational corporation, a small business owner, or an individual sending money abroad, understanding the intricacies of international payments is crucial. This guide explores the essentials of international payments, including methods, processes, challenges, and best practices to ensure smooth and efficient transactions.

The Ultimate Guide to International Payments

The DeFi Education Fund (DEF) purchased a patent owned by True Return Systems (TRS) that was the basis of lawsuits against decentralized autonomous organizations MakerDAO and Compound Protocol for infringement. The patent is for an oracle-like system for “separation and linkage of stacked modular data storage and processing.” DEF will...

DEF buys patent to stop lawsuits against MakerDAO and Compound

NewsBreak

DBS Bank launches blockchain-powered treasury tokens pilot

Multinational banking and financial services company DBS Bank collaborated with digital payment provider Ant International on a new blockchain-based treasury and liquidity management solution. On Aug....

DBS Bank launches blockchain-powered treasury tokens pilot

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