The recent failures of Silicon Valley Bank and Signature have made more Americans lose faith in the country’s banks with just 10 percent of those polled saying they have a high confidence in the nation’s banks. The poll was conducted by the Associated Press-NORC Center for Public Affairs Research and showed a steep decline from......
Category: 28 March 2023
THIS WEEK IN SURVEILLANCE
A Congressional appearance this past week by TikTok CEO Shou Zi Chew was widely viewed as a disaster for the company.
CHIPMAKERS: WE NEED ‘FOREVER CHEMICALS’ FOREVER. WE DON’T CARE IF THEY KILL YOU
Major companies lashed out at lawmakers in Minnesota last week over a bill that would ban certain products that contain perfluoroalkyl and polyfluoroalkyl substances—known as PFAS, or “forever chemicals.”
MICROSOFT SAYS CHATGPT4 AN “EARLY FORM” OF ARTIFICIAL GENERAL INTELLIGENCE
Has the newest version of ChatGPT achieved a human level of general intelligence? Microsoft is now making that claim for ChatGPT4.
MEDVEDEV CALLS ON ‘PROPER PIRATES’ TO STEAL WESTERN ENTERTAINMENT CONTENT AS PAYBACK
Dmitry Medvedev, the deputy chairman of Russia’s national security council and former president, has called on Russians to attempt to “pirate” streaming entertainment content from the West to help retaliate against the U.S.’s decision to seize assets over the Ukraine War. Medvedev told TASS that Russians should obtain and distribute these films that are no......
BLOCKCHAIN BATTLES
Several reports involving cryptos and a possible U.S. CBDC were released this past week. But the reports themselves, and much of the media attention surrounding them, failed to get at the core issue.
BITCOIN GETS BANK BOOST IN GERMANY
Several moves in Germany spell good news for bitcoin adoption and investment. Via a new platform called wpNex offered by securities processing giant Deutsche WertpapierService Bank AG (dwpbank), some 1,200 German banks will be able to offer bitcoin to retail customers.
LARRY FINK ON CRYPTOS, THE BANKING CRISIS AND DE-GLOBALIZATION
Gerald Celente named “Self-Sufficient Economies” as a de-globalization related Top Trend in November of 2021.
IMF REACHES AGREEMENT $15.6B LOAN FOR UKRAINE WITH SPECIAL DEAL
The International Monetary Fund, the international lender of last resort, announced last week that it reached a staff-level agreement to provide Ukraine with a $15.6 billion loan to make sure the country can continue its fight with Russia for years to come.
NASDAQ SET TO BECOME A CRYPTO CUSTODY PROVIDER
Nasdaq is currently working out regulatory clearances in order to offer crypto custody services. That’s according to a 24 March Bloomberg report.