Multinational bank Standard Chartered predicted that more than $1 trillion could exit emerging market banks and flow into stablecoins by 2028 as demand for US dollar-pegged crypto assets accelerates. In a Monday report, Standard Chartered’s Global Research department said that it expects global stablecoin adoption to accelerate as payment networks and other core banking activities…
Galaxy Digital CEO Mike Novogratz said Bitcoin’s price could see a significant rally if the next US Federal Reserve chair nominee to replace Jerome Powell is exceptionally dovish. “That’s the potential biggest bull catalyst for Bitcoin and the rest of crypto,” Novogratz said in an interview with Kyle Chasse published to YouTube on Friday. “Fed’s…
OpenAI’s cofounder and former chief scientist, Ilya Sutskever, made headlines earlier this year after he left to start his own AI lab called Safe Superintelligence Inc. He has avoided the limelight since his departure but made a rare public appearance in Vancouver on Friday at the Conference on Neural Information Processing Systems (NeurIPS). “Pre-training as…