The Bank of Russia aims to open the payment infrastructure for the Russian central bank digital currency (CBDC), the digital ruble, by July next year. Larger banks will offer digital ruble accounts and services by this deadline, with smaller institutions following later. The initiative seeks to enhance payment efficiency and reduce costs, with retailers also…
South Korean police arrested a man in his 40s for orchestrating a cryptocurrency scam that defrauded 158 investors of 16 billion won ($12 million). Operating from November 2021 to June 2022, he promised an 18% monthly return on investments in a fake cryptocurrency mining business. The scam resulted in individual losses ranging from 1.2 million…
Goldman Sachs plans to lay off more than 1,300 employees from its global workforce as part of an annual review process to cull low performers. The Wall Street Journal reported the firings on Friday, citing a source close to the matter. JUST IN: $2.8 trillion asset manager Goldman Sachs fires 1,300 employees. — Watcher.Guru (@WatcherGuru)…
Apple is in talks to invest in OpenAI, boosting funding in the company following its partnership with the ChatGPT maker on Apple Intelligence. The leading tech giant would join a multibillion-dollar funding round alongside Microsoft and Thrive Capital, according to the Wall Street Journal. The report did not indicate how much money Apple would be…