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The value of tokenized real-world assets has reportedly increased nearly fourfold in the last year.
These assets have surpassed $26.4 billion in on-chain value, up from around $6.6 billion this time last year, per data from RWA.xyz, which tracks tokenized real-world assets (RWAs). The organization’s calculations do not include stablecoins.
The data shows that six categories of...
Nintendo of America has become the latest company going to court over U.S. tariffs.
The videogame maker on Friday (March 6) filed suit against the U.S. government in hopes of recouping the money it paid in tariffs following last month’s Supreme Court ruling that declared the levies illegal.
“This action concerns Defendants’ initiation and administration of unlawful trade measures that...
OpenAI’s robotics lead has left the company due to its partnership with the Pentagon.
Caitlin Kalinowski announced her departure from the artificial intelligence startup in a post on the social media platform X Saturday (March 7).
The head of OpenAI’s robotics team resigned Saturday, citing the company’s deal to deploy its AI models within the Pentagon’s classified network as the cause...
President Donald Trump wants his administration to combat “predatory” schemes targeting American consumers and businesses.
The president on Friday (March 6) signed an executive order calling for a review of which “operational, technical, diplomatic, and regulatory tools could be improved to combat transnational criminal organizations (TCOs)” engaged in cybercrime and scams.
For example...
If March Madness is America’s annual reminder that probability is a prankster, the Final Four is when the prank starts charging subscription fees.
This Weekender finds otherwise sensible adults becoming pop-up quant traders, building models in spreadsheets, consulting mascots as if they were macro indicators, and asking chatbots to pick between a 12-seed and a 5-seed with unearned...
An artificial intelligence (AI)-generated country song reached No. 1 on Billboard’s Country Digital Song Sales chart last fall, and few listeners knew the song was created by a machine.
The track, “Walk My Walk,” was released under the name Breaking Rust, a fictional artist with an AI-generated cowboy persona, generic lyrics about perseverance, and an Instagram page that never...
OpenAI introduced an application security agent designed to build deep context about the user’s project to identify complex vulnerabilities and minimize false positives.
The agent, Codex Security, is now in research preview, the company said in a Friday (March 6) blog post. It was formerly known as Aardvark when it was in private beta in October.
Codex Security is designed to flag real...
The month-end close remains one of the most labor-intensive processes in finance.
It is the ritual sprint that follows every reporting period. Spreadsheets proliferate, data is pulled from multiple systems, discrepancies are chased down, and reconciliations stretch late into the night. Despite years of enterprise digitization, the close process has remained manual and left many finance...
Alchemy Pay, a payment gateway that connects cryptocurrency with traditional fiat currencies, announced Tuesday (March 3) that it obtained a Money Transmitter License (MTL) in Delaware.
This brings to 15 the number of U.S. states in which Alchemy Pay holds Money Transmitter Licenses, the company said in a Tuesday press release. The company secured four of those licenses since the...
The latest labor market figures delivered an unexpected turn, with payrolls shrinking in February and the unemployment rate ticking higher, raising new questions about whether consumer confidence and spending power can maintain their steadiness.
The Employment Situation Summary released Friday (March 6) by the U.S. Bureau of Labor Statistics showed that nonfarm employment fell by...