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CoreScientific Bets on AI After Bankruptcy Restructuring, Stock Soars 140%: $6.7 Billion Deal Fuels Growth
CoreScientific Bets on AI After Bankruptcy Restructuring, Stock Soars 140%: $6.7 Billion Deal Fuels GrowthCoreScientific, a US Bitcoin mining company that once faced bankruptcy, has made a significant shift to artificial intelligence following its restructuring and return to the stock market this January...
Blockchain 2024-08-08 10:04:20 -
People's Bank of China Holds Work Conference for the Second Half of the Year: Financial Services and Management Level to Reach New Heights
People's Bank of China Holds Work Conference for the Second Half of the Year: Financial Services and Management Level to Reach New HeightsOn August 1st, the People's Bank of China convened a work conference for the second half of 2024. The conference summarized the work completed in the first half of the year, analyzed the current economic and financial situation, and deployed tasks for the next stage...
Blockchain 2024-08-04 10:29:39 -
The AI Wave Sweeps Over the Banking Industry: Opportunities and Challenges Coexist
The AI Wave Sweeps Over the Banking Industry: Opportunities and Challenges CoexistBy Zhang Hong and Li Yuwen, Editors: Ma Ziqing"The number of banking jobs that AI might replace could be greater than in any other sector." According to a recent report by Citigroup, about 54% of jobs in the US banking industry are potentially automatable, and a further 12% can be enhanced through AI...
Blockchain 2024-08-04 10:09:57 -
Tesla's California Sales Decline for Third Consecutive Quarter, Market Share Continues to Shrink
Tesla's California Sales Decline for Third Consecutive Quarter, Market Share Continues to ShrinkA recent report released by the California New Car Dealers Association (CNCDA) reveals that Tesla's sales in California declined by 24% year-over-year in the second quarter of this year, marking its third consecutive quarterly sales drop in the state. Although the Model Y remains the best-selling car in California, Tesla's market share in the state continues to shrink...
Industry dynamics 2024-08-02 17:50:56 -
China Postal Savings Bank Strengthens Identity Information Management for Digital Yuan to Curb Money Laundering Risks
China Postal Savings Bank Strengthens Identity Information Management for Digital Yuan to Curb Money Laundering Risks21st Century Business Herald Intern Reporter Guo Congcong Beijing ReportRecently, China Postal Savings Bank (China Post Bank) issued a "Notice on Promoting the Governance of Customer Identity Information for Digital Yuan" (hereinafter referred to as the "Notice"). The Notice states that China Post Bank will take measures such as lowering transaction limits and restricting financial services for customers whose digital yuan wallets have incomplete personal customer identity information...
Blockchain 2024-07-04 14:15:06 -
Postal Savings Bank Tightens Digital RMB Wallets: Preventing Money Laundering and Strengthening Identity Information Management
Postal Savings Bank Tightens Digital RMB Wallets: Preventing Money Laundering and Strengthening Identity Information ManagementAs money laundering methods in the financial sector continue to evolve, relevant authorities need to adjust their business policies accordingly. Recently, Postal Savings Bank of China (PSBC) issued a notice on its official website stating that it will strengthen identity information management for digital RMB customers based on anti-money laundering policies and requirements...
Blockchain 2024-07-04 12:31:28 -
Strengthening the Security of Digital RMB: Postal Savings Bank Takes Action to Govern Customer Identity Information
Strengthening the Security of Digital RMB: Postal Savings Bank Takes Action to Govern Customer Identity Information Beijing Business Daily (reporter Liao Meng) To strengthen the security of digital RMB, Postal Savings Bank recently issued a notice stating that it will further strengthen the verification of the completeness and validity of identity information of individual digital RMB customers. For customers with incomplete identity information, restrictions will be imposed on their digital RMB wallets...
Blockchain 2024-07-04 10:58:43 -
Zhejiang Merchants Bank Obtains Blockchain Cross-Chain Identity Authentication and Permission Control Patent, Enhancing Cross-Chain Transaction Security
Zhejiang Merchants Bank Obtains Blockchain Cross-Chain Identity Authentication and Permission Control Patent, Enhancing Cross-Chain Transaction SecurityFinancial World, July 4, 2024: Tianyancha Intellectual Property Information shows that Zhejiang Merchants Bank Co., Ltd...
Blockchain 2024-07-04 10:54:35 -
China Post Savings Bank Strengthens Digital RMB Customer Identity Information Governance to Address Money Laundering Risks
China Post Savings Bank Strengthens Digital RMB Customer Identity Information Governance to Address Money Laundering RisksCailian Press, July 3rd (Reporter Peng Kefeng) As money laundering methods continue to emerge in the financial sector, relevant departments need to adjust their business policies in a timely manner. Recently, China Post Savings Bank (China Post Bank) issued a statement on its official website stating that, in accordance with relevant anti-money laundering policies and requirements, it will promote the governance of digital RMB customer identity information...
Blockchain 2024-07-04 10:53:33 -
Strengthening Digital Yuan Security: Postal Savings Bank Takes Action to Manage Customer Identity Information
Strengthening Digital Yuan Security: Postal Savings Bank Takes Action to Manage Customer Identity InformationPostal Savings Bank of China has recently issued an announcement to further strengthen the verification of the completeness and validity of personal customer identity information for digital yuan. The bank will impose restrictions on digital yuan wallets for customers with incomplete identity information...
Blockchain 2024-07-04 10:51:50 -
Industrial Bank's Digital RMB Interbank Cooperation: Openness and Win-Win, Empowering Scene Innovation
Industrial Bank's Digital RMB Interbank Cooperation: Openness and Win-Win, Empowering Scene InnovationSince obtaining the qualification of a designated operating institution for digital RMB, Industrial Bank has leveraged the "Bank-to-Bank Platform" interbank cooperation foundation to provide value-added services to partner banks based on the principle of complementary advantages and open win-win. The bank has been actively involved in digital RMB application promotion by collaborating on system technology output, building unique scenarios, and sharing marketing resources...
Blockchain 2024-07-04 10:51:14 -
Postal Savings Bank strengthens customer identity information management for digital RMB, preventing money laundering risks
Postal Savings Bank strengthens customer identity information management for digital RMB, preventing money laundering risksIn recent years, the digital RMB has been promoted in multiple pilot regions across China, and the potential risks brought by its anonymous nature have gradually emerged. Low-authority digital RMB wallet users may face anonymity risks during use, which could be exploited by money launderers...
Blockchain 2024-07-04 10:40:53
