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Goldman Sachs issues first cryptocurrency backed loan Goldman Sachs issues first cryptocurrency backed loan

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Goldman Sachs issues first cryptocurrency-backed loan

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Goldman Sachs offered its first loan backed by Bitcoin. One of the largest banking structures was attracted by the “transparency of the transaction and the round-the-clock risk management mechanism.”

Goldman Sachs issues first cryptocurrency-backed loan

The move marks the full entry of Goldman Sachs into the cryptocurrency market. The deal has been prepared since December 2021. At that time, the media also reported on the investment bank’s interest in synthetic products without the participation of the spot option of the first cryptocurrency.

Such a loan allows a Bitcoin holder to borrow a fiat (regular, offline) currency, such as the US dollar, by providing their cryptocurrency as collateral to the bank. The existing volatility of Bitcoin can make these loans risky – if the price of a crypto asset falls too much, the borrower may need to increase the collateral, otherwise the bank will have the opportunity to demand early repayment.

Last month, Goldman, which now has its own digital asset team, completed its first over-the-counter (OTC) cryptocurrency transaction in collaboration with the trading arm of Michael Novogratz’s cryptocurrency investment firm Galaxy Digital.

The financial institution is not alone in its interest in digital assets: other Wall Street banks are also ramping up their moves in the crypto space.

Last week, the world’s largest asset management company, BlackRock, announced the launch of a blockchain-focused ETF. Earlier this month, the firm also announced its participation in a $400 million funding round and partnership with Circle, the main operator of the USDC stablecoin.

Earlier, an “interagency sprint” involving the Fed, FDIC and OCC started, which will continue in 2022. The result of these efforts will be the definition of the areas of responsibility of each regulator and the building of a mechanism for cooperation. It is expected to hold consultations with the Basel Committee on Banking Supervision.

To date, agencies have developed an agreed set of terms, identified key risks, and analyzed how existing rules and guidelines can be applied. The Group intends to issue clarifications regarding the legally permissible activities for banks related to cryptocurrencies.

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For the first time in the history of Xiaomi. The latest flagship Xiaomi 13 Ultra will receive a variable aperture lens

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For the first time in the history of Xiaomi The

Insider Digital Chat Station told something about the camera of the promising flagship Xiaomi 13 Ultra. According to the informant, a lens with a variable aperture will be prescribed in it. This technology will be introduced for the first time in a Xiaomi mobile phone.

For the first time in the history of Xiaomi.  The latest flagship Xiaomi 13 Ultra will receive a variable aperture lens

A first for Xiaomi, but variable aperture lenses are nothing new for Huawei. Perhaps, in the case of Xiaomi, such a lens will be installed in a module with a 1-inch Sony IMX989 main sensor. As for the front camera, it is expected to use a 32-megapixel sensor and a wide-angle lens.

Previously, Digital Chat Station was the first to accurately announce the specifications and release dates of Redmi K50 and Xiaomi 12.

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Phones

It became known when MIUI 14 will be released for Xiaomi Mi 10, Mi 10 Pro and Mi 10 Lite

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It became known when MIUI 14 will be released for

The Chinese resource ITHome announced when phones of the once flagship Xiaomi Mi 10 line will receive MIUI 14. This will happen in April this year. Moreover, the update will be based on Android 13, not Android 13.

It became known when MIUI 14 will be released for Xiaomi Mi 10, Mi 10 Pro and Mi 10 Lite

The firmware will be released for Xiaomi Mi 10, Mi 10 Pro and Mi 10 Lite. It is also noted that recently Xiaomi Mi 10 Pro, Xiaomi 11 Lite and Xiaomi 11 Lite 5G NE received the latest version of MIUI 13.

Xiaomi previously officially confirmed that the devices of the Mi 10 line will receive MIUI 14. But the date or at least the approximate date for the release of the firmware was not indicated. It should be noted that in April MIUI 14 will be released for Xiaomi Mi 10 in China, but in other regions it will obviously appear later.

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Components

We waited two months and we will wait another two weeks. AMD told when it will release a new driver for Radeon RX 6000 and other cards (older)

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We waited two months and we will wait another two

AMD top manager Frank Azor, who is responsible for the direction of gaming solutions, promised users of 3D cards Radeon RX 6000 and older a new Adrenaline driver: it will appear within two weeks.

We waited two months and we will wait another two weeks.  AMD told when it will release a new driver for Radeon RX 6000 and other cards (older)

The situation, if not extraordinary, is rather strange: since the release of the Radeon RX 7000 line, the company has consistently updated the driver for them four times already, while for models based on the RDNA2 architecture (that is, the Radeon RX 6000) and older, not a single driver has been released.

We waited two months and we will wait another two weeks.  AMD told when it will release a new driver for Radeon RX 6000 and other cards (older)

In general, the company adheres to the strategy of releasing a unified Adrenaline driver for all models of its video cards (at least for those based on the RDNA3 and RDNA2 architectures), and Frank Azor once again confirmed this. But only recently the implementation of this strategy has stalled.

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