Author: Admin

General view of CXMT office buildings is seen in Shanghai, China, on July 15, 2026, as CXMT raises billions for AI technology (Photo by Ying Tang/NurPhoto via Getty Images)Nurphoto | Nurphoto | Getty ImagesShares of chipmaker Changxin Technology Group soared nearly 466% Monday in their debut on Shanghai’s tech-heavy STAR Market, making CXMT the most valuable China-listed company. The Hefei-based firm had raised 57.92 billion yuan ($8.6 billion) after pricing its IPO at 8.66 yuan per share, making it Asia’s biggest so far this year. CXMT shares closed at 49 yuan, giving the company a market cap of about 3.3 trillion…

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Maria Bartiromo discusses an OpenAI experimental AI agent that broke containment and hacked an AI platform. OpenAI didn’t catch an autonomous breach of another artificial intelligence (AI) company by one of its advanced AI models for a week and not until after the FBI had been contacted by the hacked company, according to a report. On Tuesday, OpenAI announced the breach of AI company Hugging Face that happened during one of OpenAI’s internal reviews of several of its models, including GPT-5.6 Sol, calling it an “unprecedented cyber incident.””The primary lesson from this incident is that model security and safety must…

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The central banks of Paraguay and Costa Rica both announced rates decisions on July 23, with the former opting to hold and the latter announcing a 25 basis point cut, as both countries continued to face below-target inflation.Paraguay: fifth consecutive holdThe Central Bank of Paraguay kept its benchmark interest rate at 5.5% for the fifth consecutive meeting. In a statement following the decision, the bank’s monetary policy committee said the move was in line with its neutral policy stance.“In Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.To…

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IntroductionFor decades, moving money has been one of the slowest parts of the global financial system. While the internet allows emails, videos, and messages to travel across the world in seconds, international bank transfers can still take several business days. Businesses face settlement delays, individuals pay high remittance fees, and financial institutions rely on outdated infrastructure that was designed long before the digital era.Blockchain technology is changing this reality.By enabling direct, secure, and near-instant value transfer without relying on multiple intermediaries, blockchain is transforming how money moves. From cross-border payments and decentralized finance (DeFi) to stablecoins and tokenized assets, a…

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The following is a fintech and wider digital economic development view of Papua New Guinea in 2026. In Papua New Guinea, the distance between a person and a bank account is not always measured in kilometres. It may involve travelling by boat, crossing mountainous terrain or leaving a rural community for the nearest town. For many households, particularly women and those working in the informal economy, the practical cost of accessing financial services remains considerably greater than the balance eventually deposited. This makes Papua New Guinea’s fintech story fundamentally different from those of more urbanised markets. Digital finance is not…

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Key PointsIf you’ve been hearing rumors that Social Security is on the verge of bankruptcy, the good news is that they aren’t true. Social Security can’t go bankrupt because it’s funded primarily by payroll taxes. So as long as people keep working and paying into the system, benefits can go out.That said, Social Security is facing a massive financial shortfall due to a shrinking labor force. In the coming years, it will owe more in benefits than it earns in revenue. And without lawmaker intervention, Social Security may have to cut benefits by about 22% in roughly six years as…

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XRP price is trading around the $1.10 to $1.12 range after slipping 2% over the past day. This XRP prediction comes as price action softens despite steady spot buying. The more interesting story is not the decline, but what is happening underneath it. Spot demand has climbed to its strongest levels since June, while derivatives traders remain cautious.That divergence matters because it often appears before a decisive move. Buyers continue absorbing supply, yet leveraged traders remain hesitant. As a result, XRP could either reclaim recent highs or face another round of selling if support gives way.Recent technical signals show XRP…

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