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Goldman Sachs to tap Anthropic AI model to automate accounting, compliance

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Are we in a 'SaaSapocalypse'? Tech VC explains AI's disruption of software

Goldman Sachs has been working with the artificial intelligence startup Anthropic to create AI agents to automate a growing number of roles within the bank, the firm’s tech chief told CNBC exclusively.

The bank has, for the past six months, been working with embedded Anthropic engineers to co-develop autonomous agents in at least two specific areas: accounting for trades and transactions, and client vetting and onboarding, according to Marco Argenti, Goldman’s chief information officer.

The firm is “in the early stages” of developing agents based on Anthropic’s Claude model that will collapse the amount of time these essential functions take, Argenti said. He expects to launch the agents “soon,” though he declined to provide a specific date.

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“Think of it as a digital co-worker for many of the professions within the firm that are scaled, are complex and very process intensive,” he said.

Goldman Sachs CEO David Solomon said in October that his bank was embarking on a multi-year plan to reorganize itself around generative AI, the technology that has made waves since the arrival of OpenAI’s ChatGPT in late 2022. Even as investment banks like Goldman are experiencing surging revenue from trading and advisory activities, the bank will seek to “constrain headcount growth” amid the overhaul, Solomon said.

The news from Goldman, a leading global investment bank, comes as model updates from Anthropic, co-founded by a former OpenAI executive, have sparked a sharp selloff among software firms and their credit providers as investors wager on who the winners and losers from the AI trade will be.

Are we in a 'SaaSapocalypse'? Tech VC explains AI's disruption of software

Goldman began last year by testing an autonomous AI coder called Devin, which is now broadly available to the bank’s engineers. But it quickly found that Anthropic’s AI model could work in other parts of the bank, said Argenti. 

“Claude is really good at coding,” Argenti said. “Is that because coding is kind of special, or is it about the model’s ability to reason through complex problems, step by step, applying logic?”

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Argenti said the firm was “surprised” at how capable Claude was at tasks besides coding, especially in areas like accounting and compliance that combine the need to parse large amounts of data and documents while applying rules and judgment, he said.

Now, the view within Goldman is that “there are these other areas of the firm where we could expect the same level of automation and the same level of results that we’re seeing on the coding side,” he said.

The upshot is that, with the help of the agents in development, clients will be onboarded faster and issues with trade reconciliation or other accounting matters will be solved faster, Argenti said.

Goldman could next develop agents for tasks like employee surveillance or making investment banking pitchbooks, he said. 

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While the bank employs thousands of people in the compliance and accounting functions where AI agents will soon operate, Argenti said that it was “premature” to expect that the technology will lead to job losses for those workers.

Still, Goldman could cut out third-party providers it uses today as AI technology matures, he said.

“It’s always a tradeoff,” Argenti said. “Our philosophy right now is that we’re injecting capacity, which in most cases will allow us to do things faster, which translates to a better client experience and more business.”

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Gnosis Joins Forces to Build the Ethereum Economic Zone and End L2 Fragmentation

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Brian Armstrong's Bold Prediction: AI Agents Will Soon Dominate Global Financial

TLDR:

    • Gnosis is a founding contributor to the Ethereum Economic Zone alongside Jordi Baylina and the Ethereum Foundation.
    • EEZ rollups allow smart contracts to call Ethereum mainnet contracts atomically within a single transaction.
    • Protocols on EEZ rollups access Ethereum’s native liquidity directly without wrapping, bridging, or extra delays.
    • Gnosis plans to define the role of GNO token and its validator set in any future EEZ implementation with its DAO.

Ethereum Economic Zone is the framework Gnosis is co-building to address Layer 2 fragmentation on Ethereum. Gnosis, active as a Layer 1 blockchain for seven years, is a founding contributor to this initiative.

Jordi Baylina, founder of ZisK and creator of Circom, also joins as a founding contributor. The Ethereum Foundation is also co-funding the entire development effort.

The framework centers on synchronous composability, enabling rollups to interact with Ethereum mainnet without bridges.

A Framework Built Around Composability

Ethereum scaling delivered on its core promise in recent years. Transactions became cheaper and network throughput increased steadily. However, the process fractured the ecosystem into disconnected chains rather than one unified economy.

Each rollup operates with its own liquidity, bridges, and tooling. Builders must redeploy the same products across multiple chains to reach all users. Users also face expensive bridging costs and assets scattered across chains they barely track.

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Gnosis noted on X that Ethereum had scaled into fragmented islands rather than a unified economy. The Ethereum Economic Zone is designed to resolve that at the infrastructure layer. The framework allows rollup smart contracts to call Ethereum mainnet contracts within one transaction.

Calls between different rollups within the same execution are also supported. This is what developers call synchronous composability. It removes the need for bridges, wrapping, or waiting on finality.

Protocols on EEZ rollups access Ethereum’s existing liquidity directly without bridging or wrapping. A protocol can use a Uniswap mainnet pool atomically, with the same L1 guarantees. These rollups also inherit Ethereum’s full validator security with no new trust assumptions added.

What the Ethereum Economic Zone Means for Gnosis Chain

Gnosis acknowledged that its neutral blockspace thesis did not develop as expected. Blockspace became largely commoditized across the industry over time. Running a standalone Layer 1 requires constant rebuilding of DeFi infrastructure and liquidity bootstrapping.

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Synchronous interoperability changes the competitive dynamic for chains like Gnosis. Projects inside a composable Ethereum domain no longer need to replicate an entire ecosystem. They can rely on shared liquidity and canonical infrastructure instead.

That shift frees up capital and engineering bandwidth for differentiation. Gnosis plans to invest more in user experiences and products like Gnosis Pay and the Gnosis App. Real-world financial integrations also become more practical under a unified model.

The Ethereum Economic Zone also connects to Gnosis’s mission of giving every person financial access. A stablecoin can now compose with a lending protocol on another chain without a bridge. A consumer app can also access the best rates across the ecosystem without workarounds.

Gnosis noted that the GNO token and validator set may have a role in a future EEZ implementation. Those details will be worked out with the Gnosis DAO community over the coming months. Technical architecture, developer tooling, and integration guides are also planned for release soon.

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Solana Price Prediction: DEX Activity Slumps to 1 Year Low as Memecoin Frenzy Fades

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Solana price is trading at $84, down 71% from its peak, as weekly DEX volume collapses, even with bullish prediction and hope.

Solana is trading at $84, the price is down 71% from its January 2025 peak of $293, as weekly DEX volume collapses to levels not seen since early 2025, even with bullish prediction and hope. The memecoin engine that once powered Solana’s on-chain dominance is stalling.

For Solana, the next 72 hours around the Federal Reserve’s March 17–18 meeting could determine whether $80 holds or gives way entirely. One technical pattern already has a $59 target in view.

Weekly DEX volume across all networks registers at just $1.2B, way down from its $41B peak. Broader crypto market weakness in Q1 2026 hammered token speculation, with DEXs now capturing just 14.1% of centralized exchange volume, down sharply from a 21%+ peak in summer 2025.

Solana price is trading at $84, down 71% from its peak, as weekly DEX volume collapses, even with bullish prediction and hope.
SOL Metrics, Defillama

Solana still commands the largest individual network share at $11.42B, its 30th consecutive month leading peers, propped up by persistent PumpSwap and Pump.fun activity, but even that moat is narrowing as “star token” launches dry up.

The macro and technical backdrops are converging at a critical juncture. Here’s what the data suggests about SOL’s near-term path, and where traders are repositioning capital while waiting for clarity. Deep dive into our Solana Price Prediction

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Discover: The best pre-launch token sales

Solana Price Prediction: Can Solana Reclaim $96 Support?

SOL sits at $84, pinned below the $86 pivot that separates consolidation from any credible recovery attempt. Volume metrics have been deteriorating alongside price, a combination that technically confirms distribution rather than accumulation.

RSI sits at a neutral 50 area, not oversold enough to trigger mean-reversion buying on its own, while the 50-, 100-, and 200-day SMAs all signal sell. The 200-day MA has been rising since March 9, which is the one structural bright spot bulls can point to.

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Solana price is trading at $84, down 71% from its peak, as weekly DEX volume collapses, even with bullish prediction and hope.
SOL USD, TradingView

The head-and-shoulders pattern on the three-day chart is the dominant concern. A confirmed break below $80, assigned a 38.5% probability by current market structure, triggers the measured move toward $59. That would represent a further 28% decline from current levels. Resistance to reclaim sits at $96 first, then $105.

Discover: The best crypto to diversify your portfolio with

Maxi Doge Is an Early Mover With Upside Potential

When a leading L1 trades 70% off its highs, and DEX volumes hit annual lows, the rotation question becomes unavoidable: where does speculative capital go while waiting for the cycle to reset? Memecoin sentiment hasn’t disappeared; it has compressed, historically a precursor to violent repositioning once fear fades.

Maxi Doge ($MAXI) is a meme token built on Ethereum’s ERC-20 standard, positioning itself around what it calls “1000x leverage trading mentality,” with a canine mascot embodying the grind-and-hold bull market ethos.

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The project has raised $4,7 million at a current presale price of just $0.000281, with 60% staking APY available to holders. Standout mechanics include holder-only trading competitions with leaderboard rewards and a Maxi Fund treasury allocated toward liquidity and partnerships.

Research MAXI DOGE here, and join the army.

This article is for informational purposes only and does not constitute financial advice. Crypto assets are highly volatile. Always conduct your own research before investing.

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The post Solana Price Prediction: DEX Activity Slumps to 1 Year Low as Memecoin Frenzy Fades appeared first on Cryptonews.

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Ethereum Foundation stakes additional $42 million of ether (ETH)

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Vitalik Buterin pushes ‘DVT-Lite’ to make validator setup easier

The Ethereum Foundation is stepping up its efforts to put treasury assets to work, with data from Arkham showing it staked more than 20,000 ETH on Monday, expanding its validator footprint even as yields hover below 3% and ether trades near $2,045.

Arkham data shows the transfers were split into uniform chunks of roughly 2,047 ETH.

The deposits extend a strategy first outlined in February, when the foundation said it would stake 70,000 ETH to generate yield for operations. That initial roll-out began with a 2,016 ETH deposit and positioned staking rewards as a funding source for research, ecosystem development and grants, turning long-held reserves into a steady income stream.

Based on the CoinDesk Composite Ether Staking Rate (CESR), the foundation will get a 2.7% yield from its staked ETH. This is down from 3.4% earlier in the year.

Onchain data shows that the Ethereum Foundation has another 147,400 ETH ($303 million) in its treasury.

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Goldman Sachs Flags 2 Crypto Stocks Worth Buying After 46% Sector Crash

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Goldman Sachs analyst James Yaro told clients that crypto-linked equities look selectively attractive after falling 46% from their October 2025 peak.

The research note maintained Buy ratings on three names. Robinhood Markets (HOOD), Figure Technologies (FIGR), and Coinbase Global (COIN) each offer distinct upside.

Valuations Near Historical Trough Levels

Yaro noted that the current drawdown has roughly matched the average peak-to-trough decline seen in previous crypto cycles. Prices have shown volatile but stabilizing behavior over recent weeks, suggesting forced selling pressure may be easing.

“All in, we see an increasingly attractive entry point to our digital-asset sensitive coverage, albeit selectively, across the group,” a TradFi media reported, citing Yaro.

Among the three picks, Goldman cut its HOOD price target to $91 from $102 and lowered its COIN price target to $235 from $270.

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However, it raised FIGR’s target to $42 from $39, implying roughly 35% upside. HOOD closed at $66.02 and COIN at $161.14 on March 28, both down sharply year to date.

COIN and HOOD Price Performance. Source: TradingView
COIN and HOOD Price Performance. Source: TradingView

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Robinhood recently approved a $1.5 billion share buyback, signaling management confidence at current levels.

Figure Technologies, a blockchain-native lender that originated over $16 billion in on-chain home equity loans, continues to expand its capital marketplace.

Volume Risk Remains

Goldman warned that trading volumes may still dip before recovering. Yaro estimated a further slump would trim 2026 revenue by 2% and profits by 4% for these companies. Historically, trough volumes last about three months before a meaningful rebound.

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The note positions the sector as oversold but not risk-free. Investors face a window where prices may have stabilized, yet volumes and volatility could still deliver sharp swings before any sustained recovery takes hold.

The post Goldman Sachs Flags 2 Crypto Stocks Worth Buying After 46% Sector Crash appeared first on BeInCrypto.

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Ethereum Foundation Stakes $46M ETH after BitMine Sale, Ramps up 70K Plan

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Ethereum Foundation Stakes $46M ETH after BitMine Sale, Ramps up 70K Plan

The Ethereum Foundation has accelerated its treasury staking push, deploying $46.2 million in Ether in its largest move to date after the recent BitMine sale.

On Monday, the foundation’s treasury multisignature wallet made 11 deposits into the Ethereum Beacon Deposit Contract, each of roughly 2,047 Ether (ETH), totaling 22,517 tokens worth roughly $46.2 million, according to data from Arkham Intelligence.

The Ethereum Foundation started staking ETH in February, depositing 2,016 ETH and outlining plans to stake up to 70,000 ETH, with rewards reinvested into research, ecosystem development and grants.

EF staking ETH. Source: Arkham

The foundation also deposited a smaller 31 ETH tranche earlier this month, bringing the total staked holdings to roughly 24,564 ETH as it shifts to staking to generate yield, rather than relying on periodic ETH sales, which have historically drawn criticism.

Related: Ethereum builders propose ‘economic zone’ to tackle L2 fragmentation

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EF sells 5,000 ETH to BitMine in OTC deal

The new staking move comes after the EF completed an over-the-counter (OTC) sale of 5,000 Ether to BitMine Immersion Technologies, valued at about $10.2 million. The foundation said proceeds would support core operations, including protocol research, ecosystem growth and community grants.

The transaction marked the foundation’s second direct OTC sale to a corporate buyer, following a 10,000 ETH sale to SharpLink Gaming in July 2025.

The EF currently holds about $361 million in onchain assets, with the vast majority, roughly $360.8 million, held in Ether on the Ethereum network, alongside small balances across networks like Arbitrum, Optimism and Bitcoin, according to Arkham.

Related: Ethereum risks losing No. 2 spot as stablecoins gain ground

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Ether price risks further decline

Ether fell below the $2,000 level over the weekend, raising the risk of a deeper correction. Analysts, including Onur, CryptoWZRD and Ted Pillows, pointed to repeated failures at $2,200 and weakening momentum, with some warning ETH could fall toward the $1,750–$1,850 range.

Demand for Ether has also turned negative, hitting its lowest level in 16 months, according to Capriole Investments.

Magazine: Ethereum’s Fusaka fork explained for dummies — What the hell is PeerDAS?