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Swift and ConsenSys Launch Blockchain Ledger to Take On Stablecoins

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Stablecoin Payments Firm RedotPay Announces $47M Investment
RedotPay, a global stablecoin-based payment fintech, has closed a $47 million strategic investment. The round saw new participation from Coinbase Ventures and a global technology entrepreneur, with in...

Walmart CEO Foresees AI Transforming ‘Literally Every Job’
Walmart is reportedly preparing for artificial intelligence (AI) to transform its workforce. “It’s very clear that AI is going to change literally every job,” CEO Doug McMillon said l...

Larry Ellison’s quest to run the world
For most of his career Larry Ellison has been content to quietly let Oracle be the company, behind the company, behind the technology that makes headlines. Its biggest products being cloud comp...

Is the AI boom a house of cards? Deutsche Bank warns of unsustainable spending
The AI gold rush may be keeping the U.S. economy afloat, but according to Deutsche Bank, its current trajectory looks anything but sustainable. A new research note from the German lender warns that AI...

Ross Ulbricht sets the record straight as Kamala Harris’s critique misses the mark
Ross Ulbricht, creator of Silk Road and one of Bitcoin’s earliest public champions, didn’t waste time calling out Kamala Harris after she labeled him “the fentanyl dealer” in her new book, als...

How generative AI boosters are trying to break into Hollywood
A still from the Critterz short film. This is The Stepback, a weekly newsletter breaking down one essential story from the tech world. For more on the intersection of entertainment and technolog...

A year later, I tried to re-create the 'nightmare fuel' AI video that broke the system — and it revealed the stark truth about this technology's limitations
AI video never seems to have managed to overcome this one simple challenge. How will it do now?...

Regulating for growth – the future is now
Speech by Jessica Rusu, FCA chief data, information and intelligence officer, delivered at Travers Smith’s Future of Fintech 2025, Merchant Taylors’ Hall. The invite for this conference highlights...

SWIFT Partners with Linea to Build Stablecoin and On-Chain Messaging System
SWIFT, the backbone of global banking communications, is moving closer to blockchain. The network is now working with Linea, an Ethereum Layer 2 developed by Consensys, to test migrating its payment ...