On Tuesday, Tether Holdings Ltd.’s financial statements for the third quarter of 2023 were validated by BDO, an internationally known independent public accounting firm. The firm gave an assurance opinion, revealing $ 3.2 billion in surplus reserves supporting the company’s tokens, some of which are backed by U.S. Treasuries. Report Shows Over 85% of …
2023 has marked a notable decline in the number of crypto automated teller machines worldwide, plunging to levels not seen since November 2021. Data from coinatmradar.com reveal that July witnessed the steepest fall, with 4,123 crypto ATMs vanishing from the industry. The Ebb and Flow of Crypto ATMs: 2023 Sees Major Fall from Grace Thousands […]
WooSesh 2023, the virtual conference for WooCommerce store builders, kicked off today with the State of the Woo address. This year’s theme is “Next Generation Commerce,” featuring advances across the e-commerce industry, as well as WooCommerce core and the wider ecosystem of tools and payment integrations. WooCommerce CEO Paul Maiorana began the presentation …
As artificial intelligence (AI) continues its expansion into the finance sector, a new report published on the International Monetary Fund (IMF) Publications web portal cautions about risks associated with the latest AI capabilities in the financial world. The Rise of Thinking Machines: Report Warns of Risks From Generative AI in Finance The report, authored by […]
In a report by the crypto market aggregation web portal Coingecko, Binance retains its crown in the centralized cryptocurrency exchange arena, but not without facing fierce competition and challenges. Binance Leads But Not Without Contenders, Says Coingecko’s Mid-Year Crypto Study According to the Coingecko research report, Binance continues to dominate the centralized cryptocurrency exchange market […]