Community News:
1. Ripple report: 97% of payment industry leaders surveyed believe that cryptocurrency has the potential to accelerate payments in the future
A recent white paper released by Ripple and the US Faster Payments Council shows that 97% of payment industry leaders believe that blockchain and cryptocurrency have the potential to accelerate payments in the next three years. In addition, according to a report released by Ripple on March 2, 90% of industry participants believe that they can use cryptocurrency to provide cheaper and more efficient cross-border payments. (The Crypto Basic)
2. Data: Over 95% of AI token holders are currently profitable
The popularity of ChatGPT has reignited the craze for artificial intelligence (AI), helping most Fetch.ai (FET) holders to remain profitable. According to the latest statistics from Finbold, as many as 96% of FET holders are making a profit at the current price, while only 4% are losing money. Among Fetch.ai token holders, 99% are considered long-term holders, holding AI tokens for more than a year, while only 1% hold them for 1 to 12 months. (Finbold)
Industry News:
1. Binance: plans to recruit more than 500 employees in the first half of the year, no layoffs planned in the near future
A Binance spokesperson said: "As of today, we are actively recruiting for more than 500 positions, with the goal of filling vacancies by the end of the first half of the year. We do not have any plans to lay off employees." The spokesperson said that since January 2023, the company has hired more than 600 employees and is trying to fill another 500 positions by the end of June. According to CNBC on January 11, Binance founder and CEO Zhao Changpeng (CZ) said that the company plans to recruit heavily in 2023 and increase the number of employees by 15% to 30%. (Cointelegraph)
2. Crypto-friendly bank Signature Bank released a mid-term financial update in Q1, with a decrease in current deposits of approximately US$826 million
Crypto-friendly bank Signature Bank released its interim financial update for the first quarter of 2023 on Thursday. Due to regulatory and market factors, the bank has limited its exposure to cryptocurrency deposits, and cryptocurrency customer-related deposits have continued to decline, with current deposit balances decreasing by approximately $826 million. (Planet Daily)
3. Windows 11 has integrated ChatGPT version of Bing directly into the system
Microsoft Chief Product Officer Panos Panay said in an official post that the latest update of Windows 11 will integrate Bing into the taskbar search function. This feature allows users to use Bing search directly in the search box of the taskbar without opening the browser.
Policies and Regulations:
1. US regulators: Several oil and gas companies turned to crypto mining but did not pay federal royalties
Some oil and gas drilling companies operating on U.S. public lands are diverting natural gas to cryptocurrency mining operations without paying federal royalties, according to a U.S. government watchdog report released on Wednesday. The Interior Department said in its response to the Office of the Inspector General that it would take action to inform staff of the threats outlined in the report and work with agency officials to discuss how to develop guidelines for the department. (Reuters)
