Finance
Large language models could ‘revolutionsise the finance sector within two years’
Large Language Models (LLMs) have the potential to improve efficiency and safety in the finance sector by detecting fraud, generating financial insights and automating customer service, according to research by The Alan Turing Institute. Because LLMs have an ability to analyse large amounts of data quickly and generate coherent text, there is growing understanding of…
UK Finance Ministry to Discuss Crypto Banking Woes With Lawmakers
“The U.K., London in particular, has become the global crypto hub, but to make sure that the market really can take off in the way that was intended in a responsible way, we need to regulate it, which is why we’ve introduced regulations for stablecoins, for promotion of crypto services,” Hunt replied. Source link
RWA Protocol Ondo Finance Expands Tokenized Treasury Offerings to the Solana (SOL) Network and DeFi Apps
“The Solana DeFi ecosystem has demonstrated great resilience and growth potential, thanks to its innovative scaling and low transaction costs,” Nathan Allman, founder and CEO of Ondo Finance, said in a statement. “Integrating Ondo’s offerings with Solana not only aligns with our strategic growth but also paves the way for novel decentralized finance applications leveraging…
Crypto Token CNC Price Gains 50% as DeFi Platform Conic Finance Plots Return After Hack
According to the governance post, the protocol will hold voting in two days about the list of supported Omnipool assets, whitelisted Curve pools for each Omnipool and initial liquidity allocation weights. Once the votes conclude, a separate governance proposal about the v2 deployment will include new features, reimbursement schemes and incentives. Source link