News with the tag "deutsche bank"

Deutsche Bank has lowered its Tesla price target from $420 to $345, as new estimates show the company’s first-quarter delivery numbers are falling behind. The revision was issued by Edison Yu, who still maintains a buy rating on the stock despite the downgrade. Yu said the new target is 26% higher t...

The team behind the digital identity platform Privado ID has launched Billions.Network , a universal, incentivized proof-of-personhood platform designed to verify identities without collecting biometrics or relying on proprietary hardware. It is a human and AI verification platform, built on mobile-...

Deutsche Bank, Germany’s largest financial institution, has partnered with Swiss crypto company Taurus and launched a Solana-based TDX marketplace. The platform is licensed to hold, manage, and stake cryptocurrencies as well as tokenized financial assets for banks, financial institutions, and enterp...

The outlook for bitcoin (BTC), the world's largest cryptocurrency, is positive, and its price is expected to remain elevated in 2025, German lender Deutsche Bank (DB) said in a report Wednesday. A more favorable regulatory and political backdrop in the U.S., growing institutional adoption, and loose...

Artificial intelligence is coming for the banks, and it’s not stopping at the doors. Over the next three to five years, up to 200,000 jobs in the banking sector could disappear as AI systems take over tasks currently done by humans, according to a report . That’s about 3% of the global banking workf...

Wall Street is staring at 2025 like it’s a bad blind date—unpredictable, awkward, and probably about to go sideways. Analysts are scratching their heads, admitting they’re clueless about where the markets are headed. The last few years have been a nonstop carnival of surprises, and nobody is brave e...

This week’s Crypto Biz explores Coinbase's wBTC controversial delisting, Deutsche Bank’s blockchain, USDT in Europe, FTX creditors repayment and BVNK’s move to the United States.

Germany-headquartered Deutsche Bank is reportedly developing a solution for the regulatory challenges that financial institutions face when using public blockchains. Bloomberg reports that the global investment bank is building a layer-2 blockchain for leading smart contract platform Ethereum ( ETH ...

Deutsche Bank is at the forefront of a bold experiment to tackle the regulatory risks that have long plagued institutions. The financial bank revealed its plan to solve the issues using public blockchains like Ethereum. In November, the German bank introduced Project Dama 2, an innovative Layer 2 as...

Banking giant Deutsche Bank is building out a layer-2 rollup network on Ethereum with Matter Labs’ ZKsync technology. Bloomberg reported the project Wednesday, and a representative for Matter Labs confirmed the story. The chain will be "a public and permissioned L2," Omar Azhar, the head of business...