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UK Fintech Firm Mode Launches Bitcoin Banking App Enhancing Mass Consumer Accessibility
London-based fintech company Mode has announced that it has unveiled its Bitcoin banking app to advance user experience.
Mode: The First UK-Listed Institution to Purchase Bitcoin as Part of its Treasury Investment Strategy
Mode has recently become the first UK publicly-traded company to purchase a significant amount of Bitcoin as part of its treasury investment strategy.
US Toughens Export Controls on Semiconductors to China Amid Military Concerns
The US Department of Commerce tightened export controls on advanced computing semiconductors to China and other countries of concern to address national security threats posed by military modernization. The rules, effective from November 16, 2023, refine the parameters defining restricted chips, introduce a global licensing requirement, and expand controls on semiconductor manufacturing equipment. The update also adds certain PRC entities to the Entity List, requiring a BIS license for foundries manufacturing chips for these entities.
The Impact of AI and LLMs on the Future of Cybersecurity
An exploration into the transformative potential of generative AI and LLMs in the cybersecurity realm.
Binance Futures Drops XRP and TUSD Support in Multi-Assets Mode
Binance Futures discontinues support for XRP and TUSD as margin assets in the Multi-Assets Mode from 2024-05-28 06:00 (UTC).
Dragonfly: Enhanced Vision-Language Model with Multi-Resolution Zoom Launched by Together.ai
Together.ai unveils Dragonfly, a vision-language model with multi-resolution zoom, promising advancements in visual understanding and reasoning.
Deploying Trillion Parameter AI Models: NVIDIA's Solutions and Strategies
Explore NVIDIA's strategies for deploying trillion-parameter AI models, including parallelism techniques and the Blackwell architecture.
Neural Radiance Fields (NeRFs) Revolutionize 3D Modeling from 2D Images
NeRFs leverage AI to convert 2D images into hyperrealistic 3D models, potentially transforming digital imagery.
Panasonic Information Systems Chooses Oracle Cloud to Modernize Internal Infrastructure
Panasonic IS migrates key internal systems to Oracle Cloud Infrastructure, enhancing performance and reducing costs.
Runway Unveils Gen-3 Alpha: Pioneering the Future of Video Generation
Runway introduces Gen-3 Alpha, a revolutionary model enhancing video generation with improved fidelity and motion, setting new industry standards.
Meta FAIR Unveils New AI Research Models and Datasets
Meta FAIR has released new research models and datasets to advance AI innovation, according to Meta AI.
NVIDIA Unveils Nemotron-4 340B Models for Enhanced Synthetic Data Generation
NVIDIA introduces Nemotron-4 340B models, including Reward and Instruct models, for advanced Synthetic Data Generation (SDG) with a permissive license.
OpenAI Introduces Holistic Approach to Content Moderation with New NLP System
OpenAI unveils a comprehensive natural language processing system aimed at enhancing real-world content moderation.
OpenAI Introduces Consistency Model to Improve Generation Speed
OpenAI unveils the Consistency Model, promising faster generation in image, audio, and video fields by overcoming limitations of traditional diffusion models.
Anthropic Unveils Initiative to Enhance Third-Party AI Model Evaluations
Anthropic announces a new initiative aimed at funding third-party evaluations to better assess AI capabilities and risks, addressing the growing demand in the field.
Modelserve: Golem Network's New AI Inference Service
Golem Network introduces Modelserve, a scalable and cost-effective AI model inference service designed for developers and startups.
Prover-Verifier Games Enhance Clarity of Language Model Outputs
OpenAI introduces Prover-Verifier Games to improve the clarity and legibility of language model outputs, potentially transforming AI communication.
Generative AI: How Diffusion Models Are Transforming the AEC Industry
Explore how generative AI and diffusion models are revolutionizing the Architecture, Engineering, and Construction (AEC) industry with enhanced design, visualization, and project management.
Meta Partners with Together AI to Launch High-Performance Llama 3.1 Models
Meta and Together AI launch Llama 3.1 models, offering accelerated performance and full accuracy for inference and fine-tuning.
NVIDIA Unveils fVDB Framework for Enhanced Digital World Models
NVIDIA introduces fVDB, a deep-learning framework for creating AI-ready virtual representations, enhancing applications in autonomous vehicles, climate science, and smart cities.
Llama 3.1 Shows Diverse Results Across Providers, Highlighting Benchmarking Challenges
Llama 3.1, an open model, demonstrates varying performance across providers, emphasizing the importance of benchmarking, according to together.ai.
ElevenLabs Slashes Prices of Turbo V2 and V2.5 Models by 50%
ElevenLabs has reduced prices for its Turbo V2 and V2.5 models by 50%, introducing new pricing plans to benefit both self-serve and enterprise customers.
Top Free Speech-to-Text APIs and Open Source Engines: A Comprehensive Comparison
Explore the best free Speech-to-Text APIs, AI models, and open-source engines, comparing their features, accuracy, and pricing.
NVIDIA NVLink and NVSwitch Enhance Large Language Model Inference
NVIDIA's NVLink and NVSwitch technologies boost large language model inference, enabling faster and more efficient multi-GPU processing.
Gala Games Introduces Superior’s Challenge Mode for Elite Hunters
Gala Games launches Superior's Challenge Mode, testing players' speed and skills against power-crazed superheroes. Weekly updates ensure constant competition.
NVIDIA Unveils Mistral-NeMo-Minitron 8B: Compact Language Model with High Accuracy
NVIDIA releases Mistral-NeMo-Minitron 8B, a compact language model delivering state-of-the-art accuracy, optimized for various AI applications.
Mistral AI Unveils Pixtral 12B: A Groundbreaking Multimodal Model
Mistral AI introduces Pixtral 12B, a state-of-the-art multimodal model excelling in text and image tasks, with notable performance in instruction following and reasoning.
Exploring Blockchain Data Models: UTxO, Account-Based, and Sui's Object-Oriented Approach
A deep dive into blockchain data models: UTxO, account-based, and Sui's object-oriented approach, highlighting their impact on scalability, security, and user experience.
NVIDIA NeMo Achieves 10x Speed Boost for ASR Models
NVIDIA NeMo's latest enhancements speed up ASR models by up to 10x, optimizing both performance and cost-efficiency for speech recognition tasks.
AMD Introduces AMD-135M: A Breakthrough in Small Language Models
AMD has unveiled its first small language model, AMD-135M, with Speculative Decoding, enhancing AI model efficiency and performance.
Understanding the Complexities of Moderating a Code Collaboration Platform
Explore the unique challenges of moderating GitHub, including data updates, DMCA takedowns, and the evolving landscape of open source software.
AI Foundation Models Propel Scientific Discovery Forward
Microsoft's AI foundation models, such as MatterGen and Aurora, are enhancing scientific research by accelerating materials discovery and improving weather predictions.
Enhancing Large Language Models with NVIDIA Triton and TensorRT-LLM on Kubernetes
Explore NVIDIA's methodology for optimizing large language models using Triton and TensorRT-LLM, while deploying and scaling these models efficiently in a Kubernetes environment.
NVIDIA's PVA Engine Enhances Efficiency in Autonomous Vehicle Development
NVIDIA's PVA Engine offers significant improvements in energy efficiency and performance for autonomous vehicle development, optimizing CV pipelines by offloading tasks from GPUs.
NVIDIA's AI Innovations Empower Indian Enterprises to Harness Local Language Models
NVIDIA's AI technology helps Indian enterprises develop multilingual models, enhancing accessibility for over a billion speakers of local languages, including Hindi.
Exploring Model Merging Techniques for Large Language Models (LLMs)
Discover how model merging enhances the efficiency of large language models by repurposing resources and improving task-specific performance, according to NVIDIA's insights.
GitHub Enhances Copilot with New AI Models from Anthropic, Google, and OpenAI
GitHub introduces new AI models from Anthropic, Google, and OpenAI to its Copilot, offering developers enhanced choice and functionality for coding tasks.
NVIDIA GH200 Superchip Boosts Llama Model Inference by 2x
The NVIDIA GH200 Grace Hopper Superchip accelerates inference on Llama models by 2x, enhancing user interactivity without compromising system throughput, according to NVIDIA.
NVIDIA NIM Enhances Visual AI Agents with Advanced Multimodal Capabilities
NVIDIA NIM microservices enable the creation of intelligent visual AI agents, offering real-time decision-making and automation through vision-language models and computer vision advancements.
NVIDIA Expands NeMo Platform to Enhance Multimodal Generative AI Development
NVIDIA NeMo now supports an end-to-end pipeline for developing multimodal generative AI models, featuring advanced data curation and tokenization tools for efficient AI model building.
Universal-2 Outperforms Whisper in Speech-to-Text Model Comparison
A detailed comparison of Universal-2 and OpenAI's Whisper models reveals Universal-2's superior performance in accuracy, proper noun detection, and reduced hallucination rates.
Mistral AI Unveils Pixtral Large, a Cutting-Edge Multimodal Model
Mistral AI introduces Pixtral Large, a 124B multimodal model with advanced capabilities in image and text understanding, outperforming competitors in various benchmarks.
AMD Unveils OLMo: A New Era in Open-Source Language Models
AMD introduces its first 1 billion parameter language models, OLMo, designed to enhance AI research and applications with open-source accessibility.
Mistral AI Unveils New Moderation API to Enhance Content Safety
Mistral AI introduces a new Moderation API aimed at improving content safety through scalable and robust LLM-based systems, supporting multiple languages for diverse applications.
Chiliz (CHZ) Chain Announces Tokenomics 2.0 with Inflation Model and Burn Mechanism
Chiliz Chain introduces Tokenomics 2.0, enhancing utility and blockchain longevity with an 8.80% base rate and token burn mechanism, aiming for a minimum annual yield of 5.72% APY.
Ethereum Founder Vitalik Buterin Proposes Tweaks to Improve Decentralization and Reduce Consensus Overhead
Vitalik Buterin, the founder of Ethereum, has proposed changes to the network's staking model aimed at improving decentralization and reducing the consensus layer's computational burden. The proposal includes the introduction of a two-tiered staking system involving node operators and delegators. Buterin suggests that these changes could significantly reduce the number of signatures required for consensus, thereby making it easier for more people to participate in the network's validation process.
Virginia Tech Study Reveals Geographic Biases in ChatGPT's Environmental Justice Information
Virginia Tech study reveals ChatGPT's limitations in providing local-specific info on environmental justice, highlighting geographic biases.
Tencent Unveils Top Ten Tech Trends for 2024
Tencent Research Institute's report on 2024's top technology trends highlights quantum computing, high-performance chips, AI-driven industry development, sustainable computing, IoT, cloud computing, and more, signifying transformative impacts across industries.
Reddit to Discontinue Blockchain-Based Community Points Program
Reddit is discontinuing its blockchain-based Community Points program due to scalability issues, moving towards more scalable rewards programs. Despite initial promise, high transaction fees and bandwidth limitations on Ethereum led to a transition to Arbitrum Nova in 2022. However, scaling challenges persisted, prompting the phase-out by early November 2021. The termination caused a significant drop in associated token values. Reddit now focuses on other community incentive programs like the Moderator Rewards Program and the Contributor Program.
Former Twitter CEO Parag Agrawal's AI Startup Raises $30 Million
Ex-Twitter CEO Parag Agrawal's new AI startup secures $30 million in funding, focusing on software for large language model developers. Backed by prominent investors, the venture reflects Agrawal's shift from social media to AI innovation.
SushiSwap CEO Proposes New Token Model
SushiSwap's CEO, Jared Grey, is leading a community proposal to revamp the platform's tokenomics, aiming to improve reward efficiency, recalibrate incentives, and diversify revenue streams.
FIFA Club World Cup 2023 Partners with Modex for Exclusive NFT Collection Launch
FIFA Club World Cup 2023™ combines football and digital tech with FIFA+ Collect's exclusive NFT series, partnering with Modex to enhance fan engagement and memorabilia experience.
Enhancing AI's Operational Efficiency: Breakthroughs from Microsoft Research and Peking University
Researchers from Microsoft Research and Peking University have developed groundbreaking methods to enhance LLMs' ability to follow complex instructions and generate high-quality graphic designs, showcasing significant advancements in AI operational efficiency.
Meta Unveils Next-Gen AI Emu Video and Emu Edit
Meta's Emu Video and Emu Edit are advanced AI tools for video and image editing, enhancing creative processes and ensuring ethical AI deployment.
Meta's Martin Signoux Predicts AI Model Developments for 2024
Martin Signoux predicts 2024 AI model trends including Large Multimodal Models, continuous improvements, Small Language Models' significance, open and proprietary models coexistence, benchmarking challenges, and public debate on AI risks.
xAI's Grok: Musk's Novel AI Chatbot with Real-Time Insights
Elon Musk's xAI unveiled Grok, an AI chatbot, inspired by 'The Hitchhiker's Guide to the Galaxy, providing real-time world knowledge and answering questions with humor, outperforming other models.
UK Regulator Examines AI Impact
The UK Competition and Markets Authority (CMA) is examining the impact of AI on consumers and the economy, with a focus on foundation models. The regulator plans to examine their usage against key principles, including transparency and accountability. The review aims to help develop AI in ways that ensure open, competitive markets and effective consumer protection, with guiding principles for consumer protection and healthy competition to be produced. The findings are set to be published in September 2023.
DWF Ventures Explores Innovations in Perpetual DEXs Landscape
DWF Ventures delves into perpetual DEXs, emphasizing the blend of decentralization and innovation. The discourse spans from perpetuals' inception in 2016 to notable DEX protocols like dYdX and HyperliquidX advancing the ecosystem. The narrative underscores the continuous innovation and the anticipation for future advancements in the perpetual DEX landscape.
SK Chairman Chey Tae-won Champions AI Transformation in Business
SK Group Chairman Chey Tae-won urges businesses to adapt to the AI era by reshaping their models, focusing on flexibility, strategic partnerships, and offering comprehensive AI solutions.
OpenAI Explores GPT-4 for Content Moderation
OpenAI is leveraging GPT-4 for content moderation, streamlining policy creation from months to hours. The process involves refining policies through iterative feedback between GPT-4 and human experts, enabling efficient, large-scale moderation.
Meta Introduces Purple Llama: Enhancing Generative AI Safety and Security
Meta's Purple Llama project enhances generative AI safety and security through CyberSec Eval and Llama Guard, collaborating with major tech entities for responsible AI development.
BlackRock and SEC Discuss iShares Bitcoin Trust Listing on Nasdaq
The SEC is reviewing multiple proposals for iShares Bitcoin Trust's listing as a spot Bitcoin ETF on Nasdaq, marking a significant step in mainstream cryptocurrency acceptance.
AI Image Editing: The Rise of Unified Concept Editing in Diffusion Models
Exploring the groundbreaking advancements in AI with Unified Concept Editing in diffusion models, offering enhanced precision and control in image editing.
MIT Study Challenges AI Job Displacement Fears
MIT's study reveals that human labor remains more cost-effective than AI in most job roles, especially in tasks requiring visual processing, challenging rapid AI-driven job displacement fears.
Qualcomm CEO: Generative AI Will Redefine the Smartphone Industry in 2024
2024 is set to be a transformative year for AI in smartphones, with advancements in hybrid AI models and new features reshaping user experiences and industry dynamics.
Google Unveils Batch Calibration to Enhance LLM Performance
Google Research introduces Batch Calibration (BC), a method designed to enhance Large Language Models (LLMs) performance by reducing design decision sensitivities. Unveiled on October 13, 2023, BC significantly improves performance across various tasks, showing promise for more robust LLM applications. It stands out for its zero-shot, self-adaptive nature, and negligible additional computational costs, presenting a notable advancement in the field of machine learning.
Meta's Strategic AI Expansion with Nvidia GPUs and New Llama Model
Meta plans to invest 350,000 H100 GPUs by 2024, enhancing its AI infrastructure, training the Llama 3 model, and restructuring its organization to drive AI-driven innovation.
Vietnamese Scientists Revolutionize AI in Mathematics with AlphaGeometry
Vietnamese scientists are advancing in AlphaGeometry, AI Mathematics, and solving geometry problems using synthetic data, neural language models, symbolic engines, Google DeepMind, and educational AI.
OpenAI Unveils Advanced Embedding Models with Cost-Effective Solutions
OpenAI announced the launch of new embedding models and API updates, featuring enhanced efficiency, cost reduction, and varied dimension options.
FreeInit: A Groundbreaking Approach to Enhance Video Generation by Nanyang Technological University
FreeInit, developed by Nanyang Technological University, enhances video diffusion models by iteratively refining noise initialization, significantly improving temporal consistency in video generation.
Former Sequoia Partner Michelle Fradin, Involved in FTX Investment, Joins OpenAI
Michelle Fradin, former Sequoia Capital executive, joins OpenAI to lead data efforts, specializing in venture capital and AI, focusing on FTX investment and large language model integration.
Elon Musk Moves Forward with AI Plans for Twitter
Elon Musk’s recent purchase of nearly 10,000 graphics processing units (GPUs) indicates his commitment to an AI project at Twitter. The project is reportedly in its early stages and uses a large language model. Musk has previously expressed concerns about AI and signed an open letter to halt its development.
BlackRock and ARK Invest Conform to SEC's Cash Redemption Model for Bitcoin ETF
Major ETF issuers BlackRock and ARK Invest comply with SEC's cash redemption model for their spot Bitcoin ETFs, potentially paving the way for regulatory approval.
Xbox Teams with Inworld AI for Game Dev AI Tools
Xbox and Inworld AI have partnered to develop AI tools for dialogue and narrative creation, aiming to empower creators in the gaming industry.
AFP and Other Media Giants Call for Global AI Regulation to Protect Integrity
AFP and major media organizations have called for global AI regulation to protect content integrity, urging transparency, IP protection, and bias reduction.
OpenAI Enables Web Browsing for ChatGPT
OpenAI has enabled web browsing for its ChatGPT model, initially available for Plus and Enterprise users. This feature aims to address the limitations of ChatGPT in providing up-to-date information. OpenAI has yet to clarify if this update will be extended to non-premium users or the GPT 3.5 model
Binance Enhances Futures Trading with Multi-Assets Mode Launch
Starting February 9, 2024, Binance introduces an automatic Multi-Assets Mode for new futures accounts, enhancing trading flexibility and efficiency across margin assets.
Grayscale's Strategic Shift: Aiming for Bitcoin Spot ETF with Cash Redemption Model
Grayscale changes GBTC to a spot Bitcoin ETF using cash creation model, complying with SEC guidelines after Barry Silbert's resignation, marking a significant shift in the digital asset landscape.
Theta EdgeCloud to Launch with Meta Llama 2, Google Gemma, Stable Diffusion, and Other Popular AI Models
Theta Labs is launching EdgeCloud, a platform offering open-source AI models, aiming to revolutionize the AI industry by providing developers with access to cutting-edge technologies.
Rabbit Inc Introduces AI-Powered r1 Device for Mobile Interaction
Rabbit Inc's r1, an AI-powered mobile device featuring the innovative Large Action Model OS, was showcased at CES 2024, offering a novel approach to mobile interaction and user convenience.
OpenAI Initiates Preparedness Team to Address AI Catastrophic Risks
OpenAI has launched a new Preparedness initiative, led by Aleksander Madry, to address catastrophic risks associated with AI models. The initiative will monitor, evaluate, and mitigate potential dangers, develop a Risk-Informed Development Policy, and launch an AI Preparedness Challenge to recruit talent.
OKX Announces Largest-Ever Trading Competition with 2M USDT and Tesla Model 3 as Prizes
OKX has launched its most ambitious trading competition yet, with a prize pool exceeding 2 million USDT and a Tesla Model 3. The team-based competition focuses on USDT perpetual contracts and requires holding at least 100 USDT in assets.
Breaking: Tech Giants Unite - OpenAI, Anthropic, Google, DeepMind, and Microsoft Launch Frontier Model Forum for Safer AI Development
Breaking: OpenAI, Anthropic, Google, DeepMind, and Microsoft co-found Frontier Model Forum, aiming to ensure safe, responsible development of future hyperscale AI models.
A Dragonfly Researcher Breaks Mimblewimble’s Privacy, Proving That The Model Is Flawed
The esteemed privacy of Grin has been tampered with by a Dragonfly researcher who was able to unearth the real addresses of senders and receivers of up to 96% of transactions carried out in Grin’s blockchain.
Why Google Chrome Is Losing Market Share to Cryptocurrency-Powered Brave Browser
Google Chrome is losing some of its customers to the new Brave browser primarily because of the latter's privacy by default model and BAT token incentive.
SingularityNET Announces the Successful Integration of PayPal Payments in its Decentralized Beta Marketplace
The SingularityNET Foundation, the leader in decentralized AI technology, announces today the successful integration of PayPal payments into their blockchain-based artificial intelligence marketplace.
What Impact Will The Moderna Vaccine Have on Cryptocurrencies Like Bitcoin in The Long Run?
The COVID-19 vaccine from Moderna has shown 94.5% effectiveness in preventing coronavirus. This article explores the long-term implications on cryptocurrencies.
TOFU: How AI Can Forget Your Privacy Data
TOFU, a AI model, tackles the challenge of machine unlearning, aiming to make AI systems forget specific, unwanted data while retaining overall knowledge.
Stanford's WikiChat Addresses Hallucinations Problem and Surpasses GPT-4 in Accuracy
Stanford's WikiChat elevates AI chatbot accuracy by integrating Wikipedia, addresses the inherent problem of hallucinations, significantly outperforms GPT-4 in benchmark tests.
Exploring the 2023 Surge in AI Market and Nvidia's Role Amidst Technological Challenges
Nvidia's NeMo Guardrails, an AI safety tool, aims to improve conversation accuracy with large-language models, despite challenges like model drift and hallucinations in 2023.
Exciting AI Efficiency: Blending Smaller Models Surpasses Large Counterparts
A new study introduces "Blending" - combining smaller AI models to match or surpass larger counterparts like ChatGPT, showcasing enhanced efficiency and user engagement.
Understand JPMorgan's DocLLM: Enhancing AI-Powered Document Analysis
JPMorgan introduces DocLLM, an AI model for multimodal document understanding. This lightweight extension of LLMs excels in analyzing business documents, employing a novel spatial attention mechanism and bounding box information instead of costly image encoders.
How Jailbreak Attacks Compromise ChatGPT and AI Models' Security
Recent studies reveal the vulnerabilities of large language models like GPT-4 to jailbreak attacks. Innovative defense strategies, such as self-reminders, are being developed to mitigate these risks, underscoring the need for enhanced AI security and ethical considerations.
Navigating the Resource Efficiency of Large Language Models: A Comprehensive Survey
A survey explores the resource efficiency in Large Language Models (LLMs) like OpenAI's ChatGPT, addressing high computational demands and proposing optimization strategies.
How LLM Is Reshaping Agent-Based Modeling and Simulation
LLMs are reshaping agent-based modeling, enhancing simulations in social, economic, and cyber domains with advanced AI integration.
Mixtral 8x7B: Elevating Language Modeling with Expert Architecture
Mixtral 8x7B, a Sparse Mixture of Experts model, outperforms leading AI models in efficiency and multilingual tasks, offering reduced bias and broad accessibility under Apache 2.0 license.
Over 70% Accuracy: ChatGPT Shows Promise in Clinical Decision Support
A study assessing ChatGPT's utility in clinical decision-making found it has a 71.7% overall accuracy in clinical vignettes, excelling in final diagnoses with 76.9% accuracy. This highlights its potential as an AI tool in healthcare workflows.
Bitcoin Could Follow S&P 500’s Potential Fall After Slight Bullish Trend from US Employment Report
Bitcoin showed signs of a slight bullish uptick in its first session in July and maintained a short-term positive correlation with the S&5 500. Bitcoin and stocks investors are waiting for the next big decision that could drive a new rally—whether or not the Federal Reserve would expand its stimulus operation before it expires in July.
Binance Sues Bloomberg Businessweek's Publisher for Defamation in HK
Binance CEO, Changpeng Zhao, sued Bloomberg’s Hong Kong media partner- Bloomberg Businessweek's publisher, for allegedly misleading publications resulting in damaging Binance’s reputation.
Litecoin Trading Volume Spikes 55% After Pornhub Adds LTC As New Payment Method
The transaction volume of Litecoin spiked by 55% two days after Pornhub added LTC as a new mode of payment.
Google Privacy Lawsuit: Google Chrome Incognito Records and Shares Private User Data
Google is being sued in a class-action lawsuit, filed on June 2, for the invasion of privacy and sharing users' data, even when they are browsing in private mode.
Tesla CEO Elon Musk Says You Can Now Buy a Tesla With Bitcoin
Elon Musk has revealed that customers can now purchase Tesla cars with Bitcoin as the mode of payment.
COINNEWSEXTRA AND GLOBAL POLICY HOUSE TO HOST FIRST UNPRECEDENTED CBDC CONFERENCE IN AFRICA
One of the best gift possessed by humans is the ability to adapt to change. Little did we know that the global COVID-19 pandemic was going to deprive us of our regular mode of living, here we are today with several months of stay at home with many organisations and people pivoting into the digital economy. The immense impact of the COVID-19 pandemic has severely affected the whole world with developments changing frequently. However, digital innovations and technology solutions have been deployed to respond urgently to these changes, This has led to a notable increase in demand for online transactions, resulting in a significant shift from cash to digital payment methods.
Purse.io Closes its Door After Six Years of Operations
Purse.io the company which was at the forefront of increasing adoption of bitcoin at retail payment outlets such as Amazon, would be closing its door after 6 years of operations, marking the end to an era.
SEC Reschedules Decision-Making on Bitcoin ETF Proposals
The Securities and Exchange Commission (SEC) in the United States once again delayed on deciding on the three Bitcoin exchange-traded fund (ETF) proposals according to the release of documents from the regulatory agency on Monday.
HSBC Successfully Executes First Blockchain Letter of Credit in Malaysia
HSBC announced its successful execution of a pilot live blockchain letter of credit (LC) transaction in Malaysia on Oct. 14.
Bitcoin Price Surpasses $13K Shortly After PayPal’s Major Crypto Announcement
Bitcoin managed to hit a new high in 2020, and passed the $13,000 level for the first time since July 2019.
More Consolidation to be Expected from Bitcoin as the Dollar Rallies and US Stock Market Is Down
Crypto analyst Joseph Young thinks that Bitcoin is treading with caution due to the strengthening of the dollar, and he suggests this could prompt a short-term price consolidation.
Bitcoin Halving and Money Printing is BTC’s Rocket Fuel, Says Anthony Pompliano
Bitcoin halving and historic money printing are the rocket fuel propelling BTC's price upwards, according to Anthony Pompliano.