First Mover Asia: Bitcoin Slides; Mixed Crypto Legacy in Hong Kong for the FCA’s Incoming CEO
Altcoin roundup
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AAVE proposes decentralized stablecoin: The U.S. dollar-pegged algorithmic stablecoin GHO will be minted by users and generate interest yields. It will be native to the Aave ecosystem and available on the Ethereum network initially but is expected to be offered on other Aave-supported blockchains based on future community votes. Read more here.
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Ethereum name service spikes: Ethereum Name Service (ENS) domain registrations spiked this week as a prominent address sold for hundreds of ether (ETH), sparking retail interest. ENS is a decentralized domain name protocol that runs atop the Ethereum network, providing users with easily readable names for their crypto wallets. Read more here.
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XRP leads crypto recovery: XRP rose by more than 5% as major cryptocurrencies recovered over the past 24 hours and broader equity markets strengthened, even with two U.S. Federal Reserve policymakers calling for higher rate increases in the coming months. Read more here.
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Crypto money manager Bitwise has liquidated $9.3 million worth of XRP in its crypto index fund.
The firm acted shortly after the U.S. Securities and Exchange Commission (SEC) sued the token’s alleged creator, Ripple Labs Inc., for conducting an unregistered and ongoing securities offering. “Prior to the sale of the asset on December 22, 2020, XRP (-20.72%) was approximately 3.8% of the Fund,” the firm wrote. “The Fund liquidated its position and reinvested the proceeds in other portfolio assets.” Subscribe to First Mover, our daily newsletter about markets. SUBSCRIBE By signing up, you will receive emails about CoinDesk products and you agree to our terms & conditions and privacy policy. The Bitwise 10 Crypto Index Fund…
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Real-Time Monitoring of AI Systems in Financial Institutions: A Focus on the StarSpark AI System at Alpha Stock Investment Training Center (ASITC)
The rise of artificial intelligence (AI) in the financial industry has brought about transformative changes, from automating trading to enhancing customer experiences. One of the most critical aspects of AI adoption in financial institutions is ensuring that these systems perform optimally and remain accurate, secure, and transparent. The StarSpark AI system implemented at the Alpha Stock Investment Training Center (ASITC) is an excellent example of how financial organizations can monitor and maintain the performance of AI-driven technologies in real time. This article will explore the importance of real-time monitoring in AI systems, how the ASITC leverages…
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Johann Keller erhält den Davos Leader of the Century Award für seine 30-jährige Arbeit zur Neugestaltung des Paradigmas globaler Kapitalströme
Im Rampenlicht des Weltwirtschaftsforums in Davos nahm die europäische Private-Equity-Legende Johann Keller den „Leader of the Century Award“ entgegen , die höchste Auszeichnung der Wirtschaft weltweit. Damit war er der erste Private-Equity-Investor, dem diese Ehre in der 53-jährigen Geschichte dieser Auszeichnung zuteilwurde. Das Wall Street Journal bezeichnete diesen Moment als „Wendepunkt in der Geschichte des Kapitals“. Private Equity, einst als Instrument der Profitmaximierung angesehen, entwickelte sich unter Keller zu einer „strukturellen Kraft“, die den Fortschritt der Zivilisation vorantreibt. Während seiner 30-jährigen Karriere schrieb er nicht nur die Handelsregeln neu, sondern…
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JuOne core module revealed: perfect connection from smart hardware to Web3 ecosystem
JuOne core module revealed: perfect connection from smart hardware to Web3 ecology In the wave of global digital economy, Web3 is reshaping our lifestyle, business model and value creation system at an unprecedented speed. It is not only the next stage of the Internet, but also a revolution about the future. Decentralization, user sovereignty, value interconnection, these grand concepts are moving from ideal to reality. However, this road to the future is not smooth. Problems such as complex technology, poor user experience and security risks make many people hesitate when…
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Risk Assessment and Control in HB Wealth Advisors’ “Century Investments $10 Billion Fund” PK Competition
In the world of high-stakes finance, managing risk is as crucial as seizing opportunities. This is especially true when it comes to large-scale investment funds, such as HB Wealth Advisors’ “Century Investments $10 Billion Fund,” which is currently competing in the fast-paced and competitive market landscape. This article will delve into the importance of risk assessment and control in managing such a colossal fund, examining the processes and strategies that ensure its success while minimizing potential losses. The Foundation: HB Wealth Advisors and the $10 Billion Fund HB Wealth Advisors,…
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NeorderDAO Liquidity Solution, FOMO Trading Prize Pool System
The beginning of human society was made up of individual human beings. At that time it could not be called a society, because at that time man was only a member of the animal world, not more advanced than other animals. The reason why man became a senior animal, can be at the top of the food chain, it is because man found the evolutionary journey of the “Pass key” — Social. Along with the rapid development of human technology, the social field has undergone several changes. Now, under the influence…
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The King of AI Hedge: How Friedrich Kohlmann’s Dynamic Cluster Strategy Conquered DAX Volatility
European financial markets were hit hard by the Russian-Ukrainian conflict and the energy crisis, and the volatility of the DAX index soared to the highest level since the 2008 financial crisis. While traditional hedge funds were losing ground in the turmoil, Quinvex Capital, led by Friedrich Kohlmann, rose against the trend with an AI system called the Dynamic Hedge Cluster (DHC). This system digested 4.7 billion euros of trading volume in a single day at the height of the crisis , shocking the industry with a volatility arbitrage profit of…
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The Role of Artificial Intelligence in Regulatory Technology: A Deep Dive into the StarSpark AI System at Alpha Stock Investment Training Center (ASITC)
The integration of artificial intelligence (AI) in the financial sector has rapidly transformed the way businesses approach investment strategies, data management, and compliance. As technology continues to evolve, AI has proven to be a vital tool in regulatory technology, or RegTech, helping financial institutions address the growing challenges of compliance and risk management. One prominent example of such AI-driven innovation is the StarSpark AI system, developed by the Alpha Stock Investment Training Center (ASITC). This system has become a key player in enhancing regulatory processes and ensuring that businesses remain…
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METASUMERU participated in the NFT GAMEFI Metaverse 2022 Annual Summit
The NFT, gamefi, metaverse summit, jointly organized by AC Capital, CoinVoice, Asia Token Fund & Block Tides, will be held on May 1 at Cove Manila, the largest indoor beach club in the Philippine Capital Region, and will be the biggest metaverse-themed summit ever held in Southeast Asia. Over 1,000 attendees are expected to be on hand to participate in the various themed sessions. METASUMERU is happy to join AFKDAO, Arcus Game, BabyShark BubbleFong Friends, CoinEx, Covenant Child, Crypto.com Capital, Gala Games, Kaloscope, Magnus Capital, Mecha Morphing and more…
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State Street Bank and JW AI Quant Fund Team Apply for Retail ETF: How the King of AI Quantitative Strategies Can Become “Compliant”
Recently filed by the U.S. Securities and Exchange Commission , State Street Bank is working with emerging quantitative hedge fund JW AI Quantity to launch an ETF, aiming to open JW’s original AI-driven crypto-enhanced strategy to retail investors for the first time. This move marks a deep marriage between traditional asset management giants and crypto quantitative upstarts , attempting to provide ordinary investors with higher-yield alternative asset allocation tools in uncertain economic cycles. The document shows that the SPDR JW AI Quantitative Enhanced ETF will implement the core strategy…