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President of Queens’ College Cambridge warns AI could wipe out mid-level asset managers

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AI tools such as ChatGPT and Gemini have the potential to be both a destructive and lucrative force for the field of asset management.

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Coin Market

Bitcoin preps highest weekly close since January as BTC price nears $79K

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Bitcoin canceled out the week’s earlier losses to tease the highest BTC price weekly candle close since the end of January near $79,000.

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Americans distrust crypto, AI as industry super PACs flood midterms, poll finds

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A new Politico poll finds most Americans distrust crypto and AI, raising questions about whether candidates backed by industry super PACs could face voter backlash.

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Iran’s largest crypto exchange founded by sons of family tied to supreme leaders: Reuters

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Nobitex, Iran’s largest crypto exchange, was founded by brothers linked to the powerful Kharrazi family, which has ties to the country’s supreme leaders.

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