🚀 Canton Network Founder Criticizes Crypto Community's Identity Focus
Yuval Rooz, founder of Canton Network, has expressed concerns that the crypto community's strong emphasis on maintaining its identity is hindering the adoption of blockchain technology by traditional financial institutions. According to NS3.AI, Rooz highlighted that Canton Network has introduced a feature enabling the deletion of past data to align with European privacy regulations, despite this feature conflicting with the principle of blockchain immutability.
#CantonNetwork#YuvalRooz#crypto#blockchain#privacy#financialinstitutions#immutability#NS3AI
🚀 PRECIOUS METALS | Long-Term Gold Rebound Anticipated Amid Middle East Conflict
Gold is expected to experience a long-term rebound despite the current market disruptions caused by the Middle East conflict, according to financial institutions such as ANZ Banking Group and Goldman Sachs. Bloomberg posted on X, highlighting that these banks foresee a recovery in gold prices as geopolitical tensions continue to influence market dynamics. The ongoing conflict has introduced volatility, but experts believe that gold's status as a safe-haven asset will support its value in the long run. Investors are advised to consider the potential for gold's resurgence as part of their strategic planning.
#PreciousMetals#GoldRebound#MiddleEastConflict#SafeHaven#GeopoliticalTensions#MarketVolatility#GoldPrice#Investing#FinancialInstitutions
🚀 U.S. March Core CPI Projections Vary Among Financial Institutions
According to Jin10, various financial institutions have released their projections for the U.S. March unadjusted core Consumer Price Index (CPI) year-on-year rate. The previous value was 2.5%, while Reuters had forecasted a 2.7% increase. Norway's DNB projects a 3.0% rise, while BNP Paribas, Capital Economics, Lloyds Bank, and ANZ Bank all forecast a 2.8% increase. Other institutions, including DekaBank, Goldman Sachs, Barclays, ING, JPMorgan, Nomura Securities, Jefferies, RBC, Standard Chartered, TD Securities, SEB, UBS, and Wells Fargo, predict a 2.7% rise. Citigroup and Morgan Stanley expect a 2.6% increase.
For the U.S. March seasonally adjusted core CPI month-on-month rate, which had a previous value of 0.2% and a Reuters forecast of 0.3%, BNP Paribas, Lloyds, and Spartan Capital predict a 0.4% increase. ANZ Bank, Capital Economics, Commerzbank, Barclays, Deutsche Bank, Goldman Sachs, ING, JPMorgan, Nomura Securities, Moody's Analytics, RBC, Société Générale, Jefferies, Standard Chartered, TD Securities, UBS, and Wells Fargo forecast a 0.3% rise. Citigroup, Mizuho Securities, FHN Financial, and Morgan Stanley expect a 0.2% increase.
#US#CPI#financialinstitutions#inflation#forecast#economicprojections#coreCPI#March2026#consumerprices#bankprojections
🚀 U.S. Treasury Expands Cybersecurity Service to Crypto Firms
The U.S. Treasury has announced the extension of its cybersecurity information-sharing service to eligible cryptocurrency firms via its Office of Cybersecurity and Critical Infrastructure Protection. According to NS3.AI, this initiative aims to provide participating companies with timely and actionable warnings similar to those received by traditional financial institutions. This move comes after a recommendation from the President’s Working Group on Digital Asset Markets last year.
#USTreasury#cybersecurity#cryptofirms#informationsharing#cyberprotection#digitalassets#criticalinfrastructure#financialinstitutions#NS3AI#PresidentWorkingGroup#crypto
Multiple Fundraising Rounds Announced
Several companies secured funding recently:
- OpenCopilot raised $1.52M for AI customer support.
- Archive Intel secured $1.50M for AI-driven data archiving solutions.
- Serene obtained $1.14M using AI for customer insights and compliance.
- Sytrex raised $1.10M to aid financial institutions.
- Tire Swing acquired $500K focusing on cybersecurity.
In other news, the SEC sues Elon Musk over misleading shareholders during the Twitter acquisition, and Meta plans to lay off 3,600 employees for inefficiency. More updates on AI job creation and Bitcoin market analysis suggest significant changes ahead.
#Funding#AI#Crypto#SEC#ElonMusk#Meta#Bitcoin#CustomerSupport#DataArchiving#FinancialInstitutions#AIJobs#LayerZero#Serene#Sytrex#TireSwing#ArchiveIntel#OpenCopilot
🚀 Pyth Launches Data Marketplace with Support from Major Financial Institutions
Pyth has announced the official launch of its Pyth Data Marketplace, backed by six major financial institutions. According to Odaily, the participating entities include Euronext, Exchange Data International, Fidelity Investments, OTC Markets Group, SGX's FX data business, and Tradeweb. These institutions previously distributed data primarily through traditional data suppliers and proprietary terminals.
The Pyth Data Marketplace enables institutions to distribute various proprietary data, such as macroeconomic indicators, OTC pricing, and foreign exchange benchmarks, while retaining ownership, pricing rights, and attribution.
#Pyth#DataMarketplace#FinancialInstitutions#MacroeconomicIndicators#OTCpricing#FXbenchmarks#Euronext#FidelityInvestments#SGX#Tradeweb#PYTH
🚀 Analyst Suggests Nvidia Needs to Surpass $185 for Breakout
BTIG analyst Jonathan Krinsky has indicated that Nvidia must exceed and maintain a price above $185 to confirm a breakout. According to NS3.AI, major financial institutions such as Citi, Bank of America, and JPMorgan have set a consensus target of approximately $273 following Jensen Huang's keynote at GTC 2026.
#Nvidia#BTIG#JonathanKrinsky#breakout#priceanalysis#financialinstitutions#Citi#BankofAmerica#JPMorgan#GTC2026
🚀 AI TRENDS | UK Central Bank to Discuss Impact of Anthropic's AI Model
On April 11, Jin10 reported that the Bank of England plans to discuss the impact of Anthropic's newly launched AI model with financial institutions. According to Jin10, UK regulators are joining their counterparts in the US and other countries in warning about the risks posed by this tool. Anthropic's Mythos model will be included in the agenda for the Bank of England's upcoming 'Cross-Market Operational Resilience Group' and 'CMORG AI Special Task Force' meetings, scheduled to take place within the next two weeks. The Federal Reserve and the Treasury Department have already held emergency meetings on this issue, and the Bank of Canada convened a meeting with banks and financial companies last Friday to discuss the cybersecurity risks associated with Mythos. These meetings reflect growing concerns among regulators that a new type of cyberattack is becoming one of the biggest risks facing the financial industry.
#AI#UKCentralBank#Anthropic#MythosModel#CrossMarketOperationalResilienceGroup#CMORGAI#CybersecurityRisks#FinancialIndustry#Regulators#FinancialInstitutions#EmergencyMeetings
🚀 Pyth Launches Data Marketplace with Support from Major Financial Institutions
On April 11, Pyth announced the official launch of its Pyth Data Marketplace. According to BlockBeats, the marketplace has gained the backing of six major financial institutions as data providers. These institutions include Euronext, Exchange Data International, Fidelity Investments, OTC Markets Group, SGX's FX data business, and Tradeweb. Previously, these organizations primarily distributed data through traditional suppliers and proprietary terminals.
The Pyth Data Marketplace allows institutions to distribute proprietary data, such as macroeconomic indicators, over-the-counter pricing, and foreign exchange benchmarks, while retaining ownership, pricing rights, and attribution.
#Pyth#DataMarketplace#FinancialInstitutions#Euronext#FidelityInvestments#OTCMarketsGroup#SGX#Tradeweb#MacroeconomicIndicators#ForeignExchange#OTCpricing#PYTH
🚀 AI TRENDS | Wall Street Banks Test Anthropic's Mythos Model for Vulnerability Detection
Wall Street banks have begun internal testing of Anthropic's Mythos model, as reported by Bloomberg on X. The initiative comes amid encouragement from U.S. President Donald Trump's administration officials, who are advocating for its use in identifying potential vulnerabilities. The Mythos model, developed by Anthropic, is designed to enhance security measures within financial institutions by leveraging advanced AI capabilities. This move reflects a growing trend among major banks to integrate cutting-edge technology to bolster their defenses against emerging threats.
#AI#trends#WallStreet#banks#Anthropic#Mythos#model#vulnerability#detection#security#financialinstitutions#AItechnology#emergingthreats
🚀 Gobi Partners Invests in Transak to Expand Asian Market Presence
Gobi Partners has announced its investment in Transak. According to ChainCatcher, Transak, established in 2019, offers financial institutions a single API for seamless fiat and digital asset exchanges, handling KYC, AML, risk monitoring, and local payment integration.
The investment aims to support Transak's expansion into the Asian market. Transak has already established its Asia-Pacific headquarters in Hong Kong and plans to enhance integration with payment networks and banking partners in the ASEAN region.
#GobiPartners#Transak#Investment#AsiaMarketExpansion#Fintech#DigitalAssets#KYC#AML#RiskMonitoring#APIs#PaymentIntegration#ASEAN#HongKong#FinancialInstitutions