technology
Blockchain: Technology for Sustainability
The teams of AB InBev, IECISA and Rewire were the winners of the Global Blockchain Challenge, thanks to their innovative blockchain-based solutions that excelled for their technical, business and legal development, scalability and social impact.
Blockchain Technology Implemented into Indonesia's Digital Economy
Bank Central Asia (BCA) is campaigning for Indonesian financial businesses to innovate and adopt blockchain technology to support its digital economy amidst rapid technological revolution.
CFTC’s New Chief Supports Blockchain Technology
The Commodity Futures and Trading Commissions, CFTC appointed a new chief who is also pro-crypto. Just as his predecessor J. Christopher Giancarlo, appears to have supported the established pro-crypto/pro-blockchain approach. In a recent interview, the newly appointed chief, Heath Tarbert gave a favorable opinion of blockchain technology.
How Blockchain Technology is Improving the Agricultural Sector
This implementation of the blockchain technology has led to the adoption of tactics like smart farming, which connotes the use of modern technology like Blockchain in farming practices.
Social Factors Influencing the Adoption of Blockchain Technology
Some factors could be necessary to drive the increase in the use of Blockchain technology are trust in what it has to offer and the level of awareness of this technology among people.
Moody’s: Blockchain Technology to be Standardized in 2021
A research report published on September 5th by financial services company Moody’s stated that blockchain technology would most likely be standardized in 2021.
Google’s Quantum Technology Could Satiate Proof-of-Stake Detractors
Google’s newly achieved ‘Quantum Supremacy’ computing technology has been marked for some surprising applications in the cryptocurrency space. According to one researcher on the project, the technology could enhance the proof-of-stake (PoS) algorithm.
IOTA On How Distributed Ledger Technology Will Transform Supply Chain
Distributed ledger technology could potentially revolutionize the supply chain industry by providing several upgrades, according to industry experts.
Indian State Eyes Blockchain Technology to Facilitate Remote Voting
The government of Telangana, a southern Indian state, is moving forward with its objective of making the voting process seamless and trustworthy with the help of blockchain technology.
ANNA Develops New Technology Strategy On Digital Assets
ANNA, a mnemonic for the Association of National Numbering Agencies apprised the public that it has developed a new technology task force on digital assets which will help to investigate the identification of digital assets in the likes of tokens and cryptocurrencies, blockchain technology.
Thailand Finance Ministry Eyes Blockchain Technology to Revamp Service Delivery
Uttama Savanayana, Thailand’s Finance Minister, has revealed that his ministry wants to use blockchain technology for system upgrades intended for optimal service delivery to citizens.
How Can Blockchain Technology End Labour Market Woes?
In its usual bid to take over the technology ecosystem, blockchain technology can be instrumental in the fight against unemployment through a creative aggregation of data for easy verification. This is revealed in a research report published on June 8 and sponsored by the American Council on Education.
Will Distributed Ledger Technology Revolutionize Education?
Since the establishment of blockchain and its deliverance of many opportunities for with disruptive potentials, the question at the back of many minds have been numerous, this article is focused on answering some of those pressing questions.
Iran Government Offers Up To 20% Reward To Anyone Who Exposes Illicit Cryptocurrency Mining In The Country
Iran just offered a reward to anyone who exposes illicit cryptocurrency mining in the country.
‘Big Four’ Tech Amazon, Google, Apple & Facebook Grilled During US Antitrust Hearing
In an antitrust hearing with the Judiciary Committee of US Congress, the CEOs of Amazon, Apple, Facebook and Google testified, as a continuation of an unfinished legal conversation with lawmakers.
Trump Signs TikTok Executive Order and Seeks to Clean the Free World's Networks of China State Tech Espionage
United States President Trump has issued two executive orders against Chinese social media apps TikTok and WeChat, which are suspected of sharing US citizens’ data with the Chinese Communist Party.
Basel Committee on Banking Supervision Seeks Advice on Designing Prudential Treatment for Crypto-assets
Basel Committee on Banking Supervision publishes paper going over the design for prudential treatment for crypto assets. The paper goes over areas such as risks of crypto-asset exposures, capital, and liquidity requirements, and general considerations for the prudential treatment.
Coinbase and Venmo Users Angered by Privacy Issues—Fintech Firm Faces Second Class Action Lawsuit
A second lawsuit has been filed against the fintech company Plaid, for violating user data privacy agreements they hold with major financial accounts that use Coinbase and Venmo.
US Judge Blocks Trump Administration’s Ban on TikTok Downloads
A federal US judge granted an injunction request against the Trump Administration’s order to ban TikTok downloads across all US app stores.
US Congress’ Attack on Amazon, Google, Apple and Facebook Continues, Can Blockchain Benefit?
As the antitrust hearing with tech giants Amazon, Apple, Facebook, and Google (Alphabet) continues, the question of whether decentralization will subsequently rise as a result of the legal tech-policy hearing has been brought up.
South Korea Declares Andong City as Blockchain Free-Trade Zone to Boost Medical Hemp Production
The South Korean government has designated Andong City as a free trade zone for hemp production, leveraging a blockchain network.
Japan’s Financial Services Agency Has Officially Chosen a New Commissioner, Himono
Japan's Financial Services Agency (FSA) confirmed its plans for hiring Ryozo Himono as the new commissioner of the financial watchdog group.
US Legislators Approve Digital Taxonomy and American COMPETE Blockchain Bills in Tech Race with China
US lawmakers approved the American COMPETE Act and the Digital Taxonomy Act, in an active race against China the blockchain and technological sector.
DelMonte Adopts Blockchain-Powered Traceability Solutions for Quality Assurance
To render innovative and best-in-class solutions to its products and services, Fresh Del Monte Produce has invested in Jordanian and UK-based startup Decapolis for blockchain-enabled traceability solutions.
Government of India to Deploy Blockchain Technology at a National Level
The Indian government is eyeing the blockchain technology since it has a huge potential of being applied in various sectors such as banking, cybersecurity, education, and governance: securing the future of their economic development and growth. This strategic plan was made known in response to a question in the Lok Sabha as reported by the Indian Times on Nov. 27.
Fortune Business Insights: Blockchain-as-a-Service Market to Skyrocket to $24 Billion by 2027
Fortune Business Insights, a leading publisher of market research reports, has revealed that the blockchain-as-a-service (BaaS) sector will escalate to $24.94 billion by 2027 from $1.9 billion recorded in 2019, representing a compound annual growth rate (CAGR) of 39.5%. This uptrend will be fueled by small and medium enterprises (SMEs) as they are viewing blockchain technology as an optimal solution for the numerous challenges they face, like access to bank loans, trade financing, and cash flow difficulties.
BaaS to Boost Blockchain Adoption in the Healthcare Market, Study Shows
The enhanced adoption of blockchain as a service (BaaS) is anticipated to boost the blockchain in the healthcare market, according to a report by Research and Markets.
Manchester United Selects Blockchain Firm Tezos as Technical Partner
Manchester United has inked a multi-year deal with Tezos as its training kit sponsor, indicating it is one of the sustainable, reliable, and advanced blockchains providers.
Japan Rural Dwellers to Experience the Use of Blockchain in Property Acquisitions
A new platform has shown through trial methods that Japanese real estate fund was more efficient, transparent, and compliant with the use of digital securities and blockchain technology.
The Federal Council of Switzerland Opts For Better and Fair Blockchain Regulations
The Federal Council of Switzerland has opted for better and fair regulations for blockchain and distributed ledger technology (DLT) in the country, which is believed will minimize risk, increase legal certainty and abort blockages, which will prevent the possible applications of blockchain/distributed ledger technology.
China Establishes First-Ever Blockchain Zone in Central Province of Hunan
The first provincial blockchain zone has been established in China, in the central Chinese province of Hunan. The “Wanbao” blockchain zone is located in the city of Loudi, marking the first blockchain zone in China, according to a local Chinese report.
Green Bay Fintech Firm Sequoir Developing Crypto Technology to Fill ‘Capability Gap’ for Banks
Sequoir envisions cryptocurrency trades and payments will be done using bank apps.
Canada to Become the Global Leader in the Blockchain Industry, Report Indicates
In a recently published report by the Canadian Chamber of Digital Commerce showed that Canadians in the blockchain industry are amongst the highest-earning salaries in the country. The report also noted that Canadian blockchain companies want more legal clarity, to understand where their government stands regarding regulation in Canada.
EPC Blockchain among 16 Startups Selected to Join EY Incubator
Big four accounting firm Ernst & Young (EY) has selected 16 early-stage startups to join its EY Foundry Cohort 5 program to propel disruptive solutions in four areas.
China’s Blockchain and FinTech Sector to Brace for 'Capital Winter' Even After the Coronavirus Pandemic Subsides
Investment activity in China’s tech sector has seen a massive drop in the past four months since the coronavirus outbreak has emerged from the city of Wuhan. The venture capital market has been suffering a tremendous impact on its existing drop in activity.
Global Blockchain IoT Market Expected to Generate Returns Worth $5.8 Billion by 2026
The global blockchain IoT market is expected to offer a revenue of $5.802 billion by 2026, driven by factors like IoT being increasingly implemented by mand end-use industries worldwide.
Multi-Grammy Winning Singer Akon Planned to Launch Akoin on Stella Network
More updates on Akoincity as Akon’s cryptocurrency project will be available on a newly release whitepaper. Akoin will be launched on Stella Lumens (XLM). Will this trigger massive cryptocurrency adoption in Africa?
Will Distributed Ledger Technology and Cryptocurrencies Ever Lead to the Extinction of Banks?
In the world we live in today, virtually every sector of human activities have begun to experience one form of digitisation or another, and the Banking sector happens to be one of the sectors at the forefront of this evolution.
Demand for Blockchain and AI Expected to Push Market Value to $980.7M by 2030: Report
Since blockchain and artificial intelligence are among the greatest technological innovations, their demand is expected to make the market value soar to $980.7 million by 2030, a study suggests.
GSBN Adopts Blockchain to Share Shipping Data with Financial Insitutiotns
Global Shipping Business Network (GSBN) has adopted blockchain technology to speed up pilot transactions by unifying the consent collection and sharing of shipping data with financial institutions.
Will Blockchain Make Shipping more Efficient in the Future?
Shipping in some cases is not restricted to the transportation of cargo by ships, but it refers to the transportation of items by mail of any means, the form of transportation could be air, road or train, but the most used form is transportation by sea.
First Blockchain National Currency Platform Ready for Central Banks’ CBDC Issuance
The blockchain national currency platform issued by blockchain company Apollo Fintech was finalized and completed on August 12.
Libra Faces Competition as Celo Foundation Hands Out First Grants Expanding the Use of its Platform
Libra has been facing some competition as the Celo Foundation has awarded its first grants of $700,000 in total to 13 projects that expand the use of its platform.
R3's Marco Polo Network Welcomes First Indian Corporate as Asia Serves as a Key Area of Growth
The Marco Polo Network announced on Thursday that India’s leading provider of digital transformation, Tech Mahindra became the first corporate in India to join the R3’s open-source blockchain-based Marco Polo Network for facilitating cross-border transactions.
Bank of America Announces Blockchain Job Openings
Bank of America the second-largest bank in the United States recently announced various blockchain job openings. This shows its intention to considerably adopt blockchain technology.
Game Developers Have Increasing Interest in Blockchain and NFTs Products, says Stratis Survey
A new survey report shows a sizeable number of respondents agreeing that blockchain technology will become prevalent in video gaming within the next two years.
Turkish Government Announces Plans for National Blockchain Infrastructure
The Ministry of Industry and Technology of the Turkish Government announced its plan for a national blockchain infrastructure used in public administration on Sept. 18 in Ankara.
The World Economic Forum Highlighted Blockchain and Digitization to Address COVID-19 Supply Chain Disruption
The World Economic Forum (WEF) published a report on the importance of blockchain in supply chain disruption amid the coronavirus pandemic. Although the report suggested that blockchain may not be able to support the damage caused by the impact of COVID-19 directly, it may help with supply chain visibility.
Blockchain-Powered Devices to be Worth More Than $23.5 Billion by 2030 According to Business Intelligence Firm
According to a market research report availed by P&S Intelligence, a business intelligence consulting services firm, the worldwide blockchain devices market was worth $0.3 billion in 2019 but is expected to surpass $23.5 billion by 2030.
US Congressmen Urge Trump to Implement Blockchain Technology for COVID-19 Relief
Nine members of the US Congress advocated for the benefits of leveraging blockchain technology to counter the crisis brought upon by COVID-19.
Blockchain's Adoption & Capabilities Increase against Fraud in Public Finance Sector
Based on blockchain’s inherent capability of tackling fraudulent transactions, this cutting-edge technology is expected to continue being adopted in the banking and financial services sector, according to HashCash Consultants CEO Raj Chowdhury.
SAP and GS1 to Establish Blockchain Prototype to Enhance Road Safety
SAP and GS1 have created a blockchain prototype intended at the digitization of tire retread activities for better road safety. Notably, the blockchain network deployed will be instrumental in tracking tires’ life-cycle.
How Blockchain Technology is Shaping Digital Advertisements
There are thousands of ads everywhere, in our phones, applications, websites, there is hardly anywhere you would turn to (digitally) today without bumping into an ad, even when using ad blockers. According to Forbes, an average person is exposed to about 4,000 to 10,000 digital ads every day. They aren’t cheap; the standard ads we see every day on our phones cost billions.
Coca-Cola Bottlers Acquires SAP’s Blockchain Technology to Streamline Soda Supply Chain Processes
The current breaking news indicates that Coca-Cola bottlers now is rolling out SAP’s blockchain to make its supply chain more efficient and transparent.
ACCESS Becomes World’s First Organization to Deploy Blockchain Voting in Annual General Meeting
The Association of Cryptocurrency Enterprises and Start-ups, Singapore (ACCESS), a non-profit organization for the cryptocurrency and blockchain sector in Singapore, has set the ball rolling as the first institution across the globe to utilize blockchain technology for an Annual General Meeting (AGM).
India’s Tea Board Contemplates Using Blockchain to Stamp Out Tea Adulteration
India’s Tea Board seeks to mitigate the problem of tea adulteration by using blockchain technology as this will enhance consumers’ experience, as well as preserve the reputation of the Indian tea. Moreover, the consumption of tea in this nation will be boosted through an improved experience.
Shanghai Municipal Commission of Commerce Signs a Blockchain Alliance Proposal to Foster Trade And Finance
Shanghai Municipal Commission of Commerce had signed a written proposal giving the Shanghai government departments and six financial companies an opportunity to establish an E-port area blockchain alliance with the sole aim of fostering international trade and financial services.
Bangladesh Sends Graduates Abroad for Blockchain Training with IT Fund
Bangladesh has expressed its intentions to send 100 new graduates for Blockchain training in Japan and India according to reports by Bangladesh’s English-language newspaper The Daily Star on Aug 4.
Cryptocurrency Adoption Is Growing, But US Needs To Adopt A Solid Blockchain Policy
In order to be ahead of other countries in the ever-growing industry of blockchain, the US needs to come up with an enforceable and consistent blockchain policy.
Alternatives of USDT Gained Wider Merchant Access including Microsoft
Currently, BitPay supports Bitcoin, Bitcoin Cash, and Ether Payments. As of recent, the blockchain payment processor will now accept Circle USD, Gemini Dollar, and Paxos Standard Token.
DEVITA Goes Live on Polygon for Equitable Healthcare and Speedy Data Transmission
To maximize healthcare operations and processes through the latest innovations in NFT and decentralized identification (DID) technologies, DEVITA has joined the Polygon network.
Dubai Sees Crypto as Stepping Stone Towards Global Tech Hub
Dubai is reaping the dividends of new tech investments because it has laid the ground for a post-pandemic boom through a business-friendly and low taxes environment.
Huawei Secures Deal with One of China's Districts to Accelerate the Application of Blockchain Technology
The Nanshan government of Shenzhen, in the southern Guangdong province in China, has recently announced an agreement with electronics giant Huawei Technologies to establish an information technology center, accelerating the application of technologies including blockchain, artificial intelligence in the district.
Determinism: The Philosophy of Blockchain
Determinism, free will, and blockchain? What do these seemingly disparate concepts have in common? A lot, as it turns out.
Google Pairs with Coinbase to Spur Web3 Innovations, Offer Crypto Payments for Cloud Services
Google has teamed up with crypto exchange Coinbase to allow some of its clients to pay for cloud services using cryptocurrencies.
Ex-Cambridge Analytica Employee Confident that Blockchain Can Help Protect Personal Data
Brittany Kaiser, the Cambridge Analytica scandal whistleblower discussed in an interview at the World Economic Forum that blockchain technology could be an important tool to address data protection issues.
How This Startup’s Blockchain Technology Applications in Estonia Verifies Online Identities
There are so many problems in the world. I’m sure you can name them. But here is another one: online identity fraud, which is rampant these days. It’s common, threatening everyone doing business online, especially businesses involving their activities in banking/financial services, online payment services, real estate, insurance, travel, and online market industries. Now, let's take a look at how this Estonian startup utilizes blockchain technology to help protect businesses and their clients from online identity fraud.
Feds Suspect US Unemployment Systems Attacked by Fraudsters, Leading to Losses in the Hundreds of Millions of Dollars
According to federal authorities in the US, a group of international cybercriminals has been reportedly attacking the US unemployment systems, funneling millions of dollars in payments that were intended to support the detrimental effects the coronavirus pandemic had on the economy. With the number of infections in the US growing at an appalling rate, so far 1.5 million American citizens have been infected, with over 90,000 related deaths. The unemployment crisis in the country has surpassed the rate since the Great Depression, as the official US unemployment rate is at its highest in recorded history, at an alarming 14.7 percent. The New York Times obtained a memo from the US Secret Service, indicating that the fraud scheme was coming from a “well-organized Nigerian fraud ring,” and could result in the loss of hundreds of millions of dollars in the American financial system.
Chinese President Advises the Government to Use Blockchain and Artificial Intelligence for Epidemic Prevention
During a recent inspection in Zhejiang, Chinese President Xi Jinping emphasized the necessity for the various decisions and arrangements of the government to plan for prevention and control of the coronavirus outbreak and economic and social development work.
Worldcoin (WLD) Advances Privacy with Personal Custody for Iris-Scanned IDs
Worldcoin introduces Personal Custody, enhancing user control over biometric data generated via iris-scanning orbs for secure ID verification.
Ripple and Onafriq Forge Alliance for Blockchain-Enabled Payments in Africa
Ripple and Onafriq are collaborating to introduce blockchain-powered cross-border payments, aiming to improve transaction efficiency and financial inclusion in Africa, the GCC, the UK, and Australia.
Blockchain-Focused Fund COSIMO X Acquires Seven-Figure Funding from RIT
COSIMO Ventures, an investment firm situated in Boston and Dublin, recently announced that the Rochester Institute of Technology (RIT) has endorsed them with a seven-figure investment.
Robinhood to Participate at J.P. Morgan Global Technology, Media and Communications Conference 2024
Robinhood Markets, Inc. will present at the J.P. Morgan Global Technology, Media and Communications Conference on May 21, 2024.
EOS Network Launches Antelope Spring Beta-1 on Testnet
The EOS Network Foundation unveils its Antelope Spring Beta-1 on the testnet, marking a significant leap forward in their blockchain technology.
Mistral AI Unveils Non-Production License to Foster Openness and Sustainable Growth
Mistral AI launches Non-Production License to balance innovation and business growth.
Oracle Defends Healthcare Modernization Efforts Amid Criticism from Business Insider
Oracle counters Business Insider's criticism of its healthcare modernization efforts for veterans.
Google Unveils New AI Innovations: Gemini 1.5 Pro, Imagen 3, and More
Google introduces advanced AI technologies including Gemini 1.5 Pro and Imagen 3, enhancing user interaction and creativity.
NVIDIA and Leading Computer Manufacturers Collaborate on AI Factories and Data Centers
NVIDIA partners with top computer manufacturers to build AI factories and data centers, driving the next generation of AI advancements.
Industry Leaders Embrace NVIDIA Isaac for AI-Powered Robotics Development
NVIDIA Isaac robotics platform sees adoption by industry leaders like BYD Electronics, Siemens, and Intrinsic.
NVIDIA ACE Brings Lifelike Digital Humans to Developers
NVIDIA ACE, using generative AI, is now available for developers.
Anthropic's Claude AI Now Available in Canada
Claude AI is now accessible in Canada via multiple platforms.
NVIDIA Unveils New RTX-Powered AI Hardware and Software at COMPUTEX 2024
NVIDIA introduces RTX AI laptops, enhanced video tools, and open-source modding platforms at COMPUTEX 2024.
The Path to Artificial General Intelligence (AGI): A Closer Look
Exploring the concept and transformative potential of Artificial General Intelligence (AGI).
AI Technology Restores Voice for Former Spirit Airlines CEO Ben Baldanza
AI technology restores Ben Baldanza’s communication abilities post-ALS diagnosis
AI Solutions Revolutionize Health-Care Scheduling Amid Workforce Challenges
AI tools enhance efficiency in healthcare scheduling, providing more time for patient care.
Meta's Llama Enhances AI-Powered Study Buddy for Students
Meta's Llama enhances FoondaMate, an AI-powered study buddy, providing students with conversational support on WhatsApp and Messenger.
Torchy’s Tacos Enhances Operations with Oracle Simphony Cloud POS
Torchy’s Tacos implements Oracle Simphony Cloud POS to unify operations and improve guest experiences.
Pioneering DRAM Chip Inventor Bob Dennard Passes Away at 91
Bob Dennard, inventor of DRAM, passes away at 91, leaving a legacy that reshaped modern computing.
Stability AI Highlights Innovations at Computex Taipei, Announces Stable Diffusion 3
Stability AI reveals Stable Diffusion 3 at Computex Taipei, alongside major tech announcements from AMD, Intel, and Nvidia.
Developers Harness Technology to Tackle Global Emergencies
Communities of developers are leveraging technology to address global emergencies, from wildfires to refugee support.
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.
OpenAI and Apple Forge Partnership to Integrate ChatGPT
OpenAI and Apple announce a collaboration to integrate ChatGPT into Apple platforms.
Jason Lau Discusses Innovations Shaping the Future of Crypto on Chainalysis Podcast
OKX's Jason Lau highlights tech innovations and regulatory insights shaping the future of crypto.
Nordic Service Partners Leverages Oracle Cloud to Enhance KFC Operations
NSP integrates Oracle Simphony Cloud POS to boost KFC operations.
Oracle Cloud Empowers Restaurants with Advanced POS Solutions
Restaurants enhance operations and customer experiences with Oracle Simphony Cloud POS.
Anthropic Explores Challenges and Methods in AI Red Teaming
Anthropic discusses insights and challenges in AI red teaming, aiming for standardized practices.
WriterDuet Integrates Leonardo's AI to Revolutionize Screenwriting
WriterDuet uses Leonardo.AI's generative technology to enhance screenwriting with AI-powered visuals and trailers.
NVIDIA and Stanford Collaborate to Develop Lightweight XR Glasses Using AI
NVIDIA and Stanford create AI-driven lightweight XR glasses, revolutionizing optical design.
Top 10 Uses of Streaming Speech-to-Text Technology Today
Discover how streaming speech-to-text technology is revolutionizing various industries.
NVIDIA Introduces AI-Driven Supply Chain Management with NIM Technology
NVIDIA unveils AI-powered solutions to enhance supply chain efficiency using NIM technology, integrating LLM, NeMo Retriever, and cuOpt.
Deep Learning Models Fall Short of Achieving True AGI, SingularityNET (AGIX) Reports
Despite advancements, current deep learning models struggle to achieve the comprehensive capabilities needed for artificial general intelligence (AGI), according to SingularityNET (AGIX).
Character.AI Enhances AI Inference Efficiency, Reduces Costs by 33X
Character.AI announces significant breakthroughs in AI inference technology, reducing serving costs by 33 times since launch, making LLMs more scalable and cost-effective.
Ripple (XRP)'s Study Reveals Key Insights into Payment Reconciliation Challenges
Ripple (XRP)'s research identifies common pain points in payment reconciliation, emphasizing the need for data accuracy, efficient reporting, and better user experience.
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.
IOTA Announces Major Leadership Changes to Drive Future Growth
IOTA Foundation reshuffles leadership, appointing Dr. Navin Ramachandran to the Supervisory Board and Dr. Christoph Strnadl to head Technology Adoption.
OpenAI Introduces Innovative Sales Prospecting Tool
OpenAI unveils a groundbreaking sales prospecting tool aimed at revolutionizing the sales industry through advanced AI capabilities.
Meta Launches Dedicated AI Blog to Share Latest Innovations
Meta has introduced a new blog focused on artificial intelligence, offering updates on the latest advancements and projects in the AI field.
Anthropic Unveils Claude 3.5 Sonnet: Advancing AI Capabilities
Anthropic introduces Claude 3.5 Sonnet, setting new industry benchmarks for intelligence, speed, and cost-effectiveness.
Infer.so and ElevenLabs Unveil Groundbreaking Multimodal AI Voice Bot
Infer.so partners with ElevenLabs to create the world's first multimodal AI voice bot, revolutionizing industries like e-commerce and fintech with lifelike voice interactions.
NetSuite Introduces SuiteSuccess Healthcare Edition to Boost Efficiency and Patient Care
NetSuite launches SuiteSuccess Healthcare Edition to streamline processes, enhance decision-making, and support HIPAA compliance.
Thon Hotels Adopts Oracle Cloud for Enhanced Operations and Growth
Thon Hotels has migrated to Oracle's OPERA Cloud platform to streamline operations and improve guest services across its portfolio.
Google Expands AI Tools to Support Students and Educators Globally
Google unveils AI-powered tools for students and educators, including Gemini, expanding to over 100 countries to enhance classroom experiences.
Google Unveils New AI Tools for Workspace for Education
Google announces the introduction of AI tools like Gemini for Google Workspace for Education, aiming to enhance learning and safety for teen students.
NVIDIA: EvolutionaryScale Unveils ESM3 Generative AI Model for Protein Design
EvolutionaryScale launches ESM3, an advanced AI model for protein design, leveraging NVIDIA's H100 GPUs to accelerate biological research.
HKMA Hosts Seminar on Banking Sector Support for SMEs
The HKMA, along with key banking associations, hosted a seminar to discuss support measures for SMEs, benefiting around 7,000 businesses with over HK$15 billion in credit.
Sui Blockchain Founders Showcase Expertise Under Pressure at Red Bull Racing Simulator
Sui blockchain's founders answer technical questions while driving high-speed laps at the Sui Basecamp event, showcasing their expertise under pressure.
Oracle Recognized as Leader in Three 2024 Gartner Magic Quadrant Reports
Oracle has been named a Leader in the 2024 Gartner Magic Quadrant for Transportation Management Systems, Supply Chain Planning Solutions, and Warehouse Management Systems.
Artificial General Intelligence (AGI) Nearer Than Expected, Experts Say
Experts suggest AGI could be achieved in 3-8 years, driven by rapid technological advancements and global collaboration.
Chainlink (LINK) Announces Block Magic Hackathon Winners
Chainlink (LINK) reveals the winners of its Block Magic Hackathon, awarding over $500K in prizes to innovative projects.
NVIDIA's GauGAN: Pioneering the Generative AI Landscape
NVIDIA's GauGAN demo has set the stage for a new wave of generative AI applications, transforming creative workflows with photorealistic image generation.
Navigating Autonomy in AGI Systems: Balancing Capability and Responsibility
Exploring the balance between autonomy and capability in Artificial General Intelligence (AGI) systems, and its implications on safety, ethics, and human collaboration.
Exploring AGI Creativity: How AI Mimics Human Innovation
Delving into how AGI can mimic human creativity, examining AI's limitations and potential in replicating human-like innovation.
Zengo Wallet Integrates THORChain for Low-Fee, Secure Self-Custodial Swaps
Zengo Wallet launches an in-wallet swap solution powered by THORChain, offering low-fee and secure self-custodial swaps for users.
Emerging Trends in Human-AI Collaboration: A Glimpse into the Future
Exploring potential trends in human-AI collaboration, from AI-driven creativity to smart cities, as AI systems continue to advance.
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.
Together AI Unveils Inference Engine 2.0 with Turbo and Lite Endpoints
Together AI launches Inference Engine 2.0, offering Turbo and Lite endpoints for enhanced performance, quality, and cost-efficiency.
Character.AI Introduces Character Calls for Seamless Voice Conversations
Character.AI launches Character Calls, allowing users to have two-way voice conversations with AI characters, enhancing user interaction and personalization.
ElevenLabs' AI Narration Boosts Audiobook Sales for Bestselling Author Leeanna Morgan
ElevenLabs' AI voice technology aids bestselling author Leeanna Morgan in converting her novels into audiobooks, significantly boosting sales.
Women in Southeast Asia Leverage AI and Tech Skills for New Career Opportunities
Microsoft's AI and digital skilling programs are empowering women across Southeast Asia, opening doors to new career opportunities.
LangChain: Understanding Cognitive Architecture in AI Systems
Explore the concept of cognitive architecture in AI, outlining various levels of autonomy and their applications in LLM-driven systems.
NVIDIA Powers Las Vegas Sphere with Cutting-Edge Display Technology
NVIDIA's advanced GPUs and networking solutions power the Las Vegas Sphere, delivering unmatched immersive experiences with high-resolution displays.
IBM Quantum Advances with Scalable Error-Corrected Systems
IBM Quantum is progressing towards practical quantum advantage with scalable, error-corrected systems, focusing on mitigating noisy qubits.
IOTA Foundation Explores DAG Technology to Overcome Blockchain Limitations
The IOTA Foundation's 'Beyond the Chain' workshop at Trinity College Dublin delved into how DAG technology can solve blockchain inefficiencies.
ElevenLabs Unveils Turbo v2.5: Enhanced Text-to-Speech in 32 Languages
ElevenLabs launches Turbo v2.5, offering low-latency text-to-speech in 32 languages, including new support for Vietnamese, Hungarian, and Norwegian.
NVIDIA Introduces Instant RM for Rapid and Differentiable Radio Maps
NVIDIA's Instant RM offers high-performance, differentiable radio maps, significantly accelerating wireless network optimization using advanced ray tracing technologies.
Special Olympics Embraces Tech Evolution Led by Athletes
Special Olympics athletes are spearheading a tech transformation to enhance inclusivity and streamline operations, leveraging tools like Microsoft Dynamics 365.
OpenAI Introduces SearchGPT Prototype for Enhanced AI Search Features
OpenAI launches SearchGPT, a new AI search prototype aimed at delivering fast and accurate responses with clear and relevant sources.
Meta Llama Boosts Conversational Abilities of AI Study Buddy on WhatsApp and Messenger
Meta AI's new enhancement allows students to receive conversational help with schoolwork via WhatsApp and Messenger.
Georgia Tech’s AI Makerspace Prepares Future Workforce with Advanced AI Training
Georgia Tech's AI Makerspace equips students with cutting-edge AI skills, preparing them for the future workforce, according to NVIDIA's AI Podcast.
Meta Unveils Llama 3.1: Enhanced AI Models with Multilingual Support
Meta introduces Llama 3.1, featuring expanded context length and support across eight languages, including the pioneering 405B open-source AI model.
Pantera Capital Explores Democratizing Negotiation in Latest Article
Pantera Capital discusses the impact of democratizing negotiation within the financial sector, emphasizing the role of technology and innovation in their latest article.
ElevenLabs Expands Language Support to Include Hungarian, Vietnamese, and Norwegian
ElevenLabs announces the addition of Hungarian, Vietnamese, and Norwegian to its language support, now totaling 32 languages, enhancing audio creation capabilities.
NVIDIA NIM Microservices Revolutionize AI Model Deployment
NVIDIA NIM microservices are accelerating AI application development across various industries, offering optimized solutions for speech, translation, retrieval, digital biology, and more.
Exploring the Advances in Automatic Speech Recognition (ASR) Technology
Discover the latest advancements in Automatic Speech Recognition (ASR), including efficiency improvements and key considerations for choosing the best Speech-to-Text solutions.
New AI Tool Enhances Video Accessibility for Blind and Low-Vision Users
An innovative AI system, SPICA, revolutionizes video accessibility for blind and low-vision users with interactive, layered audio descriptions.
Google's Gemini AI Transforms Android Experience
Google introduces Gemini AI to enhance Android's functionality with a focus on privacy and on-device processing.
Canaan Inc. to Participate in Rosenblatt's Technology Summit on AI and Bitcoin Mining
Canaan Inc. announces participation in Rosenblatt's 4th Annual Technology Summit, focusing on AI and Bitcoin mining ASICs.
Figure Launches Advanced Humanoid Robot Leveraging NVIDIA AI for Autonomous Tasks
Figure has unveiled its next-gen Figure 02 humanoid robot, utilizing NVIDIA Omniverse and GPUs for enhanced AI capabilities and autonomous operations.
Google Unveils AI-Enhanced Pixel 9 and Pixel 9 Pro Fold at Made by Google 2024
Google's 2024 event highlights AI advancements in Gemini, Android, and new Pixel devices including Pixel 9 and Pixel 9 Pro Fold.
Grok-2 AI Models Introduced by x.ai, Offering Advanced Capabilities
x.ai launches Grok-2 and Grok-2 mini, advanced AI models with text and vision understanding, available for premium users and developers.
Character.AI Introduces Prompt Poet to Revolutionize Prompt Design
Character.AI unveils Prompt Poet, a tool designed to streamline prompt design for developers and non-technical users, enhancing AI interactions.
SFC and Exchange Announce Changes to Specialist Tech Companies and de-SPAC Transactions Requirements
The SFC and Exchange have jointly announced modifications to the requirements for specialist technology companies and de-SPAC transactions.
Adept Unveils Advanced AI Agents with Multimodal Capabilities
Adept introduces AI agents powered by Adept Workflow Language (AWL) to streamline complex web interactions and enterprise automations.
Examining the Costs of AI Video Generation Platforms: A Comprehensive Breakdown
Analyze the costs of AI video generation platforms like Leonardo.AI, DeepAI, and InVideo. Learn about plans, features, and pricing to make an informed choice.
Understanding the Cost of AI Image Generation Apps: A Detailed Guide
Explore the pricing, features, and subscription plans of top AI image generation apps like Craiyon, Leonardo.Ai, and DeepAI.
IBM Research Unveils Advanced AI Hardware Innovations
IBM Research is developing cutting-edge devices and architectures to meet the increasing processing demands of AI.
Smart Ways Students Are Leveraging AI to Enhance Learning
Explore how students are using AI to enhance learning, with insights from parents and teachers on responsible AI usage.
ElevenLabs Unveils AI-Generated Sound Effects Library
ElevenLabs has launched a community library of AI-generated sound effects, featuring 38 categories for users to explore.
Fabless Chip Designers Revolutionizing the Semiconductor Industry
Fabless semiconductor companies focus on design and innovation, offering agility and scalability in a competitive market. Discover their impact on the industry.
TEAL Introduces Training-Free Activation Sparsity to Boost LLM Efficiency
TEAL offers a training-free approach to activation sparsity, significantly enhancing the efficiency of large language models (LLMs) with minimal degradation.
IBM Research Leverages Quantum Computing and AI for Accelerated Discovery
IBM Research is integrating quantum computing, AI, and hybrid cloud to expedite solutions for today's pressing problems.
Gemini Introduces New Features to Enhance Student Learning
Gemini's new features aim to help students study smarter with resources like OpenStax. Available for students 18 years and older.
Startup Revolutionizes Retrieval-Augmented Generation for Enterprises with RAG 2.0
Contextual AI's RAG 2.0 platform offers 10x better parameter accuracy and performance, enhancing enterprise solutions by integrating real-time data retrieval.
Comprehensive Guide to Speech-to-Text Technology
Explore the complete guide to speech-to-text technology, including what it is, how it works, types of engines, benefits, and applications.
NVIDIA Introduces Fast Inversion Technique for Real-Time Image Editing
NVIDIA's new Regularized Newton-Raphson Inversion (RNRI) method offers rapid and accurate real-time image editing based on text prompts.
ElevenLabs and Shapes Introduce AI Friends with Voice Interaction on Discord
ElevenLabs collaborates with Shapes to bring voice interaction to AI friends on Discord, enhancing user experience and customization.
Understanding Bandwidth, Throughput, and Speed in Tech
Explore the differences between bandwidth, throughput, and speed in technology, as explained by Gala News.
AI Revolutionizes Customer Service Across Multiple Industries
AI-powered customer service tools are transforming industries by enhancing agent productivity, automating interactions, and improving customer satisfaction.
Exploring the Advancements and Applications of Speech Recognition Technology
Discover the latest advancements, benefits, and applications of speech recognition technology, including how to choose the right API for your needs.
NVIDIA Explores Generative AI Models for Enhanced Circuit Design
NVIDIA leverages generative AI models to optimize circuit design, showcasing significant improvements in efficiency and performance.
Blockchain Tech Breakthroughs and Their Impact on Various Industries
Explore how blockchain innovations like AMMs, DAOs, and zero-knowledge proofs are transforming industries beyond crypto, as discussed in a16z crypto's latest podcast.
ASIC Arms Race Continues Unabated with No End in Sight
The ongoing depreciation challenge faced by ASIC owners as technological advancements in mining equipment persist, according to CoinShares.
Celestia Foundation Secures $100M to Advance Modular Blockchain Technology
Celestia Foundation raises $100 million led by Bain Capital Crypto, aiming to scale modular blockchain technology. The funding will boost its rollup ecosystem and data throughput.
SingularityNET (AGIX) Updates Progress in Decentralized AI Platform Development
SingularityNET (AGIX)'s biweekly update highlights significant advancements in its Decentralized AI Platform, covering core components like Daemon, Publisher, and SDKs.
ElevenLabs Leads the Arabic Text-to-Speech Market
ElevenLabs emerges as the top choice for Arabic text-to-speech solutions, offering superior voice quality and advanced customization features.
Hitachi Rail Leverages NVIDIA AI for Enhanced Real-Time Railway Analysis
Hitachi Rail integrates NVIDIA AI technology to reduce maintenance costs, improve transit reliability, and enhance real-time railway analysis.
NVIDIA Collaborates with U.S. Tech Leaders to Revolutionize Industries with AI
NVIDIA partners with U.S. tech giants like AT&T and Lowe's to deploy AI solutions across various sectors, enhancing productivity and innovation.
NVIDIA Advances Surgical Robotics with AI-Driven Simulation and Digital Twin Technology
NVIDIA enhances surgical robotics through AI-driven simulation and digital twin technology, aiming to improve surgical outcomes and democratize healthcare access.
NVIDIA and Lenovo Unveil New AI Initiatives for Supercharged Productivity
NVIDIA CEO Jensen Huang and Lenovo CEO Yuanqing Yang announce a new AI platform at Lenovo Tech World 2024, aiming to enhance enterprise productivity with advanced AI solutions.
Leveraging AI for Efficient Meeting Transcript Summarization
Discover how AI technology can transform meeting transcript summarization, enhancing productivity and collaboration in virtual meetings through advanced AI models and tools.
Clearbot Revolutionizes Water Cleanup with Autonomous AI Technology
Clearbot, founded by Hong Kong graduates, uses NVIDIA Jetson technology for autonomous, efficient waterway cleanup, tackling ocean pollution with AI-driven boats.
GitHub Launches New Initiative to Support Nonprofit Organizations
GitHub introduces a new portal offering exclusive discounts and resources for nonprofits to enhance their technological capabilities and drive social impact.
Telegram Introduces Gifts and Verification Platform Enhancements
Telegram unveils new features, including a gift-sending option and a verification platform for businesses. Enhanced reporting and video chat functionalities are also introduced.
Why Speech AI Should Be a Priority for Your 2025 Business Strategy
Speech AI is revolutionizing industries by transforming how businesses interact with customers and process information. Discover why incorporating it into your roadmap is essential for staying competitive.
NVIDIA AI Summit Highlights Safety in Autonomous Driving Technology
Experts at the NVIDIA AI Summit in Washington D.C. discussed the safety standards and technological innovations shaping the future of autonomous vehicles.
Neuromodulation Advances with NVIDIA Jetson in Brain Disease Treatment
NVIDIA Jetson enhances brain disease treatment through Brain-Machine Interactive Neuromodulation, offering real-time neural decoding and stimulation for conditions like epilepsy and Parkinson’s.
Anthropic Unveils Claude 3.5 Sonnet and Haiku Models with New Computer Use Feature
Anthropic introduces Claude 3.5 Sonnet and Haiku models, featuring improved AI capabilities and a public beta for computer use, enhancing coding and tool use tasks.
AI's Impact on Product Strategies: Insights from 2024 Report
Discover how AI is influencing product strategies in 2024, based on insights from over 200 industry leaders, as highlighted in AssemblyAI's latest report.
NVIDIA Partners with Indian IT Giants to Propel AI Adoption
NVIDIA collaborates with Infosys, TCS, Tech Mahindra, and Wipro to accelerate AI adoption in India, creating jobs and training developers for the AI era.
Claude 3.5 Sonnet: Enhancing AI with Computer Interaction Capabilities
Anthropic's Claude 3.5 Sonnet advances AI by emulating human computer interactions, unlocking new applications. This development marks a significant breakthrough in AI progress, according to Anthropic.
NVIDIA's Multi-Agent AI Advances Sound-to-Text Innovations
NVIDIA's groundbreaking multi-agent AI system enhances sound-to-text technology, boosting performance in the DCASE 2024 AAC Challenge with multi-encoder fusion and GPU-accelerated processing.
Character.AI Enhances Safety Measures with New Features for User Protection
Character.AI introduces new safety measures, including features for minors and proactive character moderation, to enhance user security and maintain an engaging platform experience.
Exploring the Synergy Between Cryptocurrency and AI: A New Technological Frontier
The integration of cryptocurrency and AI promises transformative changes in the digital economy, enhancing accessibility, transparency, and paving the way for the 'Agentic Web'.
NVIDIA CEO Advocates for India's Autonomous AI Development
NVIDIA CEO Jensen Huang emphasizes India's potential in AI, urging the country to build its own AI infrastructure to leverage its data and talent.
Blender Cycles Joins Render Network's Closed Beta for Decentralized Rendering
Blender Cycles has been integrated into the Render Network's closed beta, offering decentralized GPU rendering to millions of artists. This marks a significant step in expanding Render's multi-render capabilities.
ElevenLabs Reaches $1 Million Milestone in Voice Library Payouts
ElevenLabs has announced a significant achievement, surpassing $1 million in payouts to voice actors since February, marking a notable milestone in the growth of its Voice Library.
AI Devices Revolutionize Wolf Conservation in Yellowstone
AI-powered devices by Grizzly Systems are deployed in Yellowstone to track wolves, aiding conservationists in understanding behavior and protecting livestock. The technology uses advanced neural networks and NVIDIA GPUs.
AMD Ryzen AI 300 Series Enhances Llama.cpp Performance in Consumer Applications
AMD's Ryzen AI 300 series processors are boosting the performance of Llama.cpp in consumer applications, enhancing throughput and latency for language models.
Top AI-Powered Transcript Summarizers: A Comprehensive Guide
Explore the seven leading AI-powered transcript summarizers, examining their features, accuracy, pricing, and compatibility to help you choose the best tool for your needs.
xAI Launches API for Grok Model Access
xAI introduces its API, granting developers access to the Grok foundation models. The API is compatible with OpenAI's and Anthropic's, easing migration.
Fourier Enhances Humanoid Robotics with NVIDIA Isaac Gym for Real-World Applications
Fourier leverages NVIDIA Isaac Gym to advance humanoid robotics, focusing on real-world applications in healthcare, research, and manufacturing, aiming to improve adaptability and interaction.
AI Integration: Businesses Embrace Rapid Technological Advancements
Explore the fast-paced integration of AI across industries as businesses leverage advanced technologies to improve operations and customer experiences, according to AssemblyAI's 2024 Insights Report.
HKMA and BIS Conclude International Financial Conference on Emerging Technologies
The Hong Kong Monetary Authority and BIS co-host an international conference focusing on emerging technologies in finance, attracting key stakeholders globally.
BTFS Protocol v3.1.0 Mainnet Launches with Enhanced Security Features
BTFS Protocol v3.1.0 Mainnet introduces key security upgrades including password verification and feature removal to streamline user experience, according to BitTorrent Inc.
AlixPartners and Chainalysis Forge Partnership to Enhance Crypto Forensic Services
AlixPartners partners with Chainalysis to boost forensic investigations and compliance services in the digital asset sector, leveraging advanced blockchain technology.
AI Model Revolutionizes Breast Cancer Metastasis Detection Without Surgery
A groundbreaking AI model developed by UT Southwestern Medical Center researchers can detect breast cancer metastasis without surgery, using advanced MRI analysis.
Universal-2: Revolutionizing Speech Recognition with Advanced Accuracy
Universal-2 enhances speech-to-text accuracy by addressing real-world demands, focusing on structured data and critical details over traditional Word Error Rate metrics.
AI-Powered 3D Visualization Enhances Breast Cancer Surgery
SimBioSys introduces AI-driven 3D imaging technology to improve breast cancer surgeries, offering detailed tumor visualizations to aid surgical planning and treatment decisions.
FLock.io and Animoca Brands Partner to Enhance Decentralized AI Development
FLock.io partners with Animoca Brands to develop AI models using blockchain technology, focusing on privacy-preserving, decentralized applications in the Web3 ecosystem.
NVIDIA Unveils AI Blueprint for Video Search and Summarization
NVIDIA introduces a new AI Blueprint enabling industries to develop visual agents for video analysis, enhancing productivity and safety across various sectors.
ALS Patient Uses Voice Banking to Preserve Her Legacy
Della Larsen, diagnosed with ALS, uses voice banking technology to preserve her voice for future generations, creating lasting memories for her family.
El Salvador Eliminates Taxes on Technology Innovations
El Salvador has eliminated all income, property, and capital gains taxes on technology innovations, including software programming, coding, apps and AI development, as well as computing and communications hardware manufacturing. This move supports the country's ongoing efforts to expedite technological development, including the establishment of the National Bitcoin Office (ONBTC) to conduct joint initiatives with Bitcoin entrepreneurs and companies.
Blockchain Identity Management Market to Hit $17.81B by 2030
The urge for digitization is expected to push the blockchain identity management market to $17.81 billion by 2030, according to a report by Market Research Future (MRFR).
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.
Blockchain Technology Powers Brazil's National Identity Card Issuance
Brazil has commenced the use of blockchain technology for issuing the National Identity Card (CIN) to enhance security and data integrity in the new identity issuance process. The initial phase begins in three states with a nationwide deadline set for November 6, 2023. This move is part of Brazil's broader initiative towards leveraging blockchain for public service improvement, aligning with global trends of digital identity verification.
Animoca Brands Cuts Metaverse Fund Target to $800M
Animoca Brands, a Hong Kong-based developer of blockchain gaming technology, has reduced its target for its metaverse fund by 20% to $800 million due to volatility in the crypto sector. The company's market capitalization has also fallen from $6 billion to below $2 billion, signaling a change in sentiment in the crypto industry.
Japan Accelerates Digital Yen Plans Amidst Global CBDC Race
Japan is advancing its plans for a digital yen, with the Bank of Japan set to pilot a CBDC program and the finance ministry preparing an expert panel to address legalities, signaling a significant shift in Japan's traditional cash-centric economy.
BondbloX Secures $6M in Series B Funding Led by Beacon Venture Capital
Singapore-based FinTech company BondEvalue has raised $6 million in a Series B funding round, led by Beacon Venture Capital and supported by MassMutual Ventures and Citigroup. The funding will expand BondbloX Bond Exchange, a distributed ledger technology that democratizes bond market access through fractional and full-size trading.
Alex Gladstein Fights Government Corruption
Human Rights Foundation CSO Alex Gladstein thinks Bitcoin can improve democracy and combat state corruption by restricting government and institutional authority.
Goldman Sachs Predicts Booming Blockchain Asset Trading in Coming Years
Goldman Sachs predicts a substantial increase in blockchain-based asset trading in the next 1-2 years, indicating a transformative shift in financial markets and growing interest in digital assets.
Thai Political Party Proposes Digital Currency Stimulus
The Pheu Thai Party in Thailand plans to give all Thai residents over the age of 16 a stipend of $300 in digital currency if the party wins the next election. The initiative aims to stimulate the local economy using blockchain technology.
OKX Faces Allegations of Restrictive Practices in ICE Coin Listing
OKX, a leading crypto exchange, faces allegations of unfair trading practices following its listing of the ICE coin. Despite technological advancements and a growing global presence, these accusations put the company's commitment to transparency and user trust to the test.
Over 1 Million Applicants Join Nigeria's 3MTT AI Program
Nigeria's 3MTT program, led by Bosun Tijani, is attracting over one million applicants, demonstrating the country's commitment to AI education and fostering a technologically skilled workforce.
BC Technology Group Shares Drop 30%, Company Clarifies OSL Sale Rumor
BC Technology Group Limited refutes rumors of considering selling its virtual asset trading platform, OSL, following a Bloomberg report, amidst a significant drop in its share prices on 17 October 2023. The company clarified there's no ongoing negotiation or consideration regarding the OSL sale, urging investors to exercise caution.
Federal Reserve's Bowman Discusses Digital Currency Innovations Amid CBDC Debate
Federal Reserve Governor Michelle Bowman, in a discussion at Harvard Law School, explored the evolving digital payment landscape, touching on CBDC, stablecoins, and the necessity for a robust regulatory framework. While recognizing the potential of digital assets, she emphasized a cautious approach, underscoring the importance of continued research and international collaboration to navigate the digital transformation responsibly.
Elon Musk Warns of AI Destructive Potential
Tesla and Twitter CEO Elon Musk has voiced his concerns over the potential for artificial intelligence to destroy civilization. Despite Musk’s plan to create a new AI startup, he acknowledges the dangers of the technology falling into the wrong hands or being developed with ill intentions.
Shanghai, China, Launches a Comprehensive Technical Initiative for the Metaverse (2023-2025)
The Shanghai Municipal Science and Technology Commission announced today the release of its "Shanghai Metaverse Key Technology R&D Plan (2023-2025)".
Tether Intervenes on Terrorism Funding, Freezing 32 Cryptocurrency Addresses
Tether has frozen 32 cryptocurrency addresses tied to terrorism funding in Israel and Ukraine, manifesting the growing partnership between crypto firms and global law enforcement to combat digital-financed crime.
Craig S Wright Challenges Cypherpunk Interpretation of Bitcoin
Dr. Craig S Wright criticizes the cypherpunk movement for misinterpreting Bitcoin's goals, emphasizing on Twitter and his blog the importance of legal frameworks in cyberspace. He highlights the growing global regulations due to cybercrime, and explores blockchain technology's potential and the necessity of legal adherence for its evolution across various sectors.
Digital Asset Investments Surge to $117 Million
Last week, digital asset investment products experienced record inflows and volumes.
ARK Invest and 21Shares Launch Innovative Digital Asset ETF Suite
ARK Invest and 21Shares have launched a suite of digital asset ETFs, combining crypto-specific insights with traditional investment indicators, focusing on Bitcoin and Ether futures.
Boosting Trade Efficiency: XRPL's fixReducedOffersV1 Upgrade
The XRPL's fixReducedOffersV1 amendment, which has achieved 80% consensus, is in a two-week activation countdown, enhancing DEX functionality and addressing reduced offers in order books.
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.
DLT in Capital Markets: A Strategic Assessment of Opportunities and Risks - A Report by the Global Financial Markets Association
The Global Financial Markets Association (GFMA) has released a comprehensive report examining the opportunities and challenges presented by Distributed Ledger Technology (DLT), including DLT-based Securities and associated activities across the securities lifecycle.
Fidelity Investments Adds More Than 12,000 New Jobs to Meet Customer Interest in Growing Areas Like Crypto
To address customer demands in growing areas like cryptocurrency and direct indexing, Fidelity Investments has created more than 12,000 job offerings to shape the future of financial services.
How Triffic is Gamifying Advertising for Local Businesses
Entering the world of cryptocurrency can be a daunting prospect for newcomers, with several practical and psychological barriers to overcome. Most people who’ve heard of Bitcoin are aware of its notorious volatility, and in some cases, of negative headlines associated with cryptocurrencies, such as the risk of hacks and losing private keys.
NBG Georgia Shortlists Ripple Among Tech Firms for CBDC Pilot
The National Bank of Georgia progresses with its Digital GEL Pilot Project, focusing on the exploration of Central Bank Digital Currency (CBDC) technology. Nine technology firms, including Ripple Labs, Inc., have been shortlisted for potential collaboration. The initiative mirrors global trends in modernizing financial infrastructures to meet the digital economy's evolving demands.
Hub71+ Digital Assets Initiative Aims to Advance Web3-Based innovations
Hub71 will invest $2 billion in Web3 startups in Abu Dhabi.
Superstate Gains $14m in Series A Led by Distributed Global and CoinFund
Superstate, an innovative asset management firm, has secured a $14 million Series A financing round, aiming to expand its team and launch private funds for institutional investors.
Bitdeer and NVIDIA Partner to Launch AI Cloud Service in Asia
Bitdeer Technologies Group and NVIDIA are set to launch Bitdeer AI Cloud in Asia, utilizing NVIDIA DGX SuperPOD technology, to meet the growing demand for AI computing power in the cloud PaaS market.
Fireblocks Introduces 'Off Exchange' to Address Exchange Counterparty Risk, Integrates with Deribit
Fireblocks introduces 'Off Exchange', reducing exchange counterparty risk for institutional traders, allowing them to trade directly from on-chain MPC shared wallets, marking a significant advancement in digital asset trading.
China's Guangdong Province Aims to Lead in Quality and Innovation by Embracing Blockchain and AI Technologies
In a recent move, the Guangdong Provincial Party Committee and Provincial Government have issued the "Outline for Building Guangdong Province as a Strong Quality-driven Province," outlining their vision to enhance the leading role of industrial clusters in terms of quality.
Circle Introduces Gas Station and Smart Contract Platform to Streamline Web3 Development
Circle announces new Web3 services—Gas Station and Smart Contract Platform—to simplify blockchain development and lower costs. These user-centric solutions aim to accelerate the mass adoption of blockchain technologies.
Vietnam to Propel Blockchain Training for Enhanced Competitiveness
To gain an upper hand in the blockchain sector, Vietnam is in high gear to boost human resources in this sector
Microsoft Reveals Azure Maia AI Accelerator and Azure Cobalt CPU
Microsoft unveiled Azure Maia 100 AI Accelerator and Azure Cobalt CPU, optimized for AI and cloud computing, with deployment scheduled for early 2024.
Alpaca Debuts Private Equity Real Estate
Alpaca, a New York-based alternative investment firm, has launched a private equity real estate platform, Alpaca Real Estate (ARE), led by Daniel Carr and Peter Weiss. The platform, with significant backing from GCM Grosvenor, aims to leverage technology and operational strategies to enhance real estate investment returns amid current market dislocations.
South Korea's FSC to Submit Two Crypto-Related Acts to National Assembly
According to Newsis on July 13, the People's Power Party and the Financial Services Commission of South Korea are planning to submit amendments to the Electronic Securities Act and the Capital Market Act to the National Assembly within this month.
Binance Announces Upgrade to Proof-of-Reserves Verification
Binance's zk-SNARKs update improves proof-of-reserves verification security and transparency.
Interchain Foundation to Spend $40 Million on Cosmos Ecosystem Development
The ICF supports adoption initiatives like Interchain Builders and Interchain NFTs while emphasizing core development.
UK Government Explores IP Challenges in Emergent Metaverse Ecosystems
A new UK government report delves into the complex realm of IP issues within the Metaverse, highlighting the lack of consensus on its definition and the IP challenges it poses.
Dutch Government Invests Heavily in AI to Compete Globally
The Dutch government has allocated €204.5 million ($222.07 million) for AI development, signaling a robust commitment to advancing the Netherlands' position in the global AI landscape and adhering to the EU's AI Act.
Reuters: U.S. Aims to Thwart Chinese Access to AI Chips via Overseas Outlets
The U.S. is contemplating tightening restrictions to prevent Chinese firms from accessing American AI chips via overseas outlets, reinforcing its stance on curbing China's AI military advancements. The move comes amid existing challenges in enforcing export controls, with the new rules expected to broaden the scope of restrictions on the AI chip market.
Hydrogen Technology Corporation Settles Crypto Manipulation Lawsuit
Hydrogen Technology Corporation and its former CEO, Michael Ross Kane, have settled a lawsuit brought against them by the Securities and Exchange Commission (SEC) for alleged cryptocurrency price manipulation. The settlement requires the firm and Kane to pay $2.8 million in remedies and penalties. The SEC alleged that Kane used Hydrogen's market maker, Moonwalkers Trading Limited, to manipulate the volume and price of its ERC-20 token, Hydro (HYDRO).
Trump Warns of AI and Deepfake Dangers in Fox Business Interview
Former President Donald Trump criticized AI and deepfake technology, stating they pose significant risks and require urgent action to mitigate potential conflict and misinformation, emphasizing the complexities of regulating AI and ensuring ethical use.
Misuse of Facial Recognition: The $10M Macy's and Sunglass Hut Legal Battle
Harvey Eugene Murphy Jr. sues Macy's and Sunglass Hut for $10 million over wrongful arrest and assault, highlighting flaws in facial recognition technology and its serious consequences.
Mercedes-Benz and Volkswagen Unveil Cutting-Edge Voice Assistants at CES 2024
Mercedes-Benz and Volkswagen showcase advanced voice assistant technology at CES 2024, including Mercedes' 'Dialogue Partner' and Volkswagen's ChatGPT integration, enhancing user experience and safety in vehicles with AI-driven innovations.
Ethics of Web3 Discussed at Paris Blockchain Week
The second day of Paris Blockchain Week 2023 featured a panel discussion on the Ethics of Web3. The panelists agreed that ethical frameworks often lag behind technology and that innovation comes before any ethical standards are implemented. They highlighted the upcoming Markets in Crypto-Assets framework in the European Union as an example of turning ethics into law to protect people and innovation.
Microsoft Unveils Free Copilot AI App for Android, Featuring GPT-4 and Challenging Paid Alternatives
Microsoft's Copilot AI app for Android, incorporating GPT-4, challenges paid alternatives with advanced text and image capabilities, enhancing the Microsoft ecosystem and preparing for an iOS version.
Siemens Issues World's First Blockchain Bond
Siemens claims that "releasing the bond on a blockchain provides a variety of advantages compared to prior approaches," including removing banks as middlemen.
SSV Network Founder Drafted; Assurance of Continued Operations Given
The leadership of SSV Network, amidst a war crisis, shared personal experiences and reassured the community of ongoing operations. Founder Alon Muroch described the ground situation as a "massacre" after being drafted, while A. Matthias emphasized team unity and continued work towards delivering a robust Distributed Validator Technology (DVT) network. The scenario highlighted the resilience of decentralized blockchain networks in maintaining operational integrity under challenging circumstances.
Elon Musk Warns of AI’s Destructive Potential
Tesla and Twitter CEO Elon Musk has voiced his concerns over the potential for artificial intelligence to destroy civilization. Despite Musk’s plan to create a new AI startup, he acknowledges the dangers of the technology falling into the wrong hands or being developed with ill intentions.
Craig S. Wright Explores 'Code is Law' Paradigm in Digital Governance Debate
Dr. Craig Wright's blog post on "Open-Source Development" rekindles debate on "Code is Law" principle, emphasizing the need for a balanced approach balancing code precision with legal considerations.
ECB's Digital Euro Development: An In-Depth Look at the Rulebook's Progress
The European Central Bank's Rulebook Development Group is enhancing the digital euro framework, focusing on operational models, technical architecture, and participant rights for seamless integration into the financial system.
Tech leaders sign open letter calling for AI development halt
More than 2,600 tech leaders, including Elon Musk and Steve Wozniak, have signed an open letter calling for a temporary halt to any further artificial intelligence (AI) development. The letter expresses concerns about the potential hazards to society and mankind posed by AI with human-competitive intelligence. However, the petition has divided the larger tech community, with some opposing the call to halt AI development, citing the need to keep moving forward with new technologies.
Thai Political Party Proposes $300 Digital Currency Stimulus
The Pheu Thai Party in Thailand has proposed giving all residents 16 years and older a digital currency stipend of $300 if it wins the next election. The initiative is a stimulus project aimed at helping the local economy using blockchain technology.
ADGM Launches Pioneering DLT Foundations Regime
Abu Dhabi Global Market's Registration Authority has introduced the Distributed Ledger Technology Foundations Regulations 2023, a global legislative framework designed to facilitate token issuance, promote governance, and drive transparency in the crypto sector.
Japan supports OpenAI amid concerns
Japan expressed interest in incorporating OpenAI’s technology into government systems, provided privacy and cybersecurity concerns are addressed. OpenAI CEO, Sam Altman, visited Japan and met with government officials to discuss the potential of the technology and how to maximize its benefits while minimizing risks. Meanwhile, OpenAI is being investigated by Canada’s privacy commissioner for allegedly collecting and utilizing personal information without consent.
Vitalik Buterin's Vision of Techno-Optimism and AI's Future
Ethereum founder Vitalik Buterin advocates for a balanced approach to technology, considering both its benefits and risks, particularly in the context of AI and existential risks.
Gmail Enhances AI Email Drafting with Voice Input
Google is set to revolutionize Gmail with the integration of a voice input feature in its AI-powered 'Help Me Write' tool, enhancing the email drafting process and reflecting the evolving role of AI in digital communication.
Coinbase Bolsters Advisory Board with Security Experts
Coinbase has enlisted four national security experts to its Global Advisory Council, including former U.S. Secretary of Defense Mark Esper, former U.S. Representative Stephanie Murphy, Counterterrorism Advisor Frances Townsend, and strategist David Urban.
Ethereum Team Leader Critiques University's Apathy Towards Crypto Education
Ethereum head, Péter Szilágyi, expressed frustration over his alma mater's lack of interest in blockchain technology, contrasting with global demand for blockchain education driven by major corporations and student interests.
Hacking Attempts on Upbit Surge to 159,061 in First Half of 2023
Hacking attempts on South Korea's largest cryptocurrency exchange, Upbit, have surged to 159,061 in the first half of 2023, according to data submitted to the National Assembly. The figure represents a 2.17-fold increase compared to the same period last year. Lawmaker Park Sung-jung criticizes the ambiguous role of the Ministry of Science and Technology in regulating the exchange.
Midjourney V6 Alpha Unveils Major Enhancements: A Leap in AI-Driven Image Generation
Midjourney's V6 alpha update, a significant advancement in AI-driven image generation, offers enhanced prompt interpretation, smarter generation, remixing, improved upscaling, and additional image manipulation options. Despite mixed user reactions, the update's detailed, realistic outputs have garnered praise.
Leading Sneaker MarketPlace Sets Foot in the Metaverse to Spur Innovations
The Edit LDN, a global sneaker marketplace based in London, has entered the metaverse by developing a premium store to drive its innovation a notch higher.
Ex-FTX Execs Launch New Crypto Exchange Backpack
Former FTX executives, Can Sun, are launching Backpack Exchange in Dubai, aiming to raise $100 million for customer fund security and advanced technology.
Sam Altman Reinstated as OpenAI CEO Amid Board Restructuring
Sam Altman returns as OpenAI's CEO, with a reconstituted board, after a brief ouster, underscoring his pivotal role in the AI industry.
Hong Kong Suffers Surge in Crypto Scams in 2022
Hong Kong police reported a surge in crypto-related scams in 2022, with losses amounting to HK$1.7 billion ($216.6 million), up 106% from the previous year. The number of crypto-related scam cases reported in Hong Kong also surged by 67% from 2021. Such scams accounted for over 50% of the HK$3.2 billion ($407 million) stolen from city residents in technology crimes. The Hong Kong police CyberDefender website reported almost 23,000 cases of technology-related crimes in 2022. The use of cryptocurrency has made it more complicated for enforcement to track criminal funds, as fraudsters can hide their identities, transactions, and final destination.
Taurus raised $65 million
Credit Suisse, Deutsche Bank, Arab Bank Switzerland, and others invested $65 million in digital asset infrastructure provider Taurus.
Two Massachusetts Men Arrested And Charged To US Court For Supposed Social Media Frauds And Crypto Theft
Two Massachusetts men had been arrested and charged to court on account of stealing victims' social media accounts and cryptocurrency through swapping their sims, hacking their computers, and other nameless techniques.
Australian Taxation Office Clarifies CGT on DeFi and Crypto Wrapping
The Australian Taxation Office has issued guidelines on the capital gains tax implications for decentralized finance activities and crypto token wrapping, following a recent security breach.
Beijing Releases Web 3.0 Innovation and Development White Paper (2023) at Zhongguancun Forum
On May 27, 2023, the Beijing Municipal Science and Technology Commission and the Zhongguancun Science and Technology Park Management Committee unveiled the "Beijing Web 3.0 Innovation and Development White Paper (2023)" at the parallel forum of the Zhongguancun Forum titled "Web 3.0: Future Development of the Internet Industry."
Chinese Premier Li Qiang Advocates Ethical AI Boundaries at Davos
Chinese Premier Li Qiang at the Davos Forum calls for establishing ethical boundaries and good governance in AI development, emphasizing the need for global cooperation and inclusivity.
HSBC to Issue Digital Bonds to Institutional Investors through Tokenization Platform
Multinational banking giant HSBC has revealed plans to issue digital bonds to corporates and financial institutions through its new proprietary tokenization platform called HSBC Orion.
Investors Interested in Digital Assets Despite Volatile Market
Bitcoin attracted $69 million in inflows, 90% of the week's total, according to CoinShares.
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.
Bank of England Tests DLT Settlement System
The Bank of England and the BIS Innovation Hub London Center successfully tested a distributed ledger technology-powered settlements system through Project Meridian, which could be extended to other asset classes to reduce time, costs, and risks of transactions.
HSBC to Initiate Institutional Digital Assets Custody Service in 2024
HSBC plans to launch a digital assets custody service for institutional clients in 2024, partnering with Metaco to expand its digital offerings to include tokenised securities.
Bakkt to Shift Focus to B2B Technology Solutions
Bakkt said it would continue to provide crypto and loyalty experiences via SaaS and API solutions on a secure platform.
Ishan Wahi pleads guilty to two counts of conspiracy to commit wire fraud
After pleading guilty to two charges of conspiracy to conduct wire fraud, former Coinbase product manager Ishan Wahi will spend at least three years.
Baidu's Stock Tumbles Amid Military Testing Rumors of AI Chatbot Ernie
Reports of Baidu’s AI chatbot Ernie Bot undergoing military testing led to an 11.5% drop in its stock, reflecting investor concerns over potential U.S. sanctions and the intricate challenges facing Chinese AI companies in the global tech landscape.
The Sandbox, FlickPlay Collaborate to Accelerate Interoperability in Metaverse
With the metaverse expected to be worth between $8 trillion and $13 trillion by 2030, virtual world gaming platforms The Sandbox and FlickPlay have joined hands to enhance its adoption by offering players a blockchain asset.
Combining Blockchain with IoT and AI can Trigger More Accurate Weather Forecast, HashCash CEO Says
For accurate futuristic decision-making in weather forecasting, blockchain ledgers should be integrated with artificial intelligence (AI) and the internet of things (IoT), according to HashCash Consultants CEO Raj Chowdhury.
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.
Ethereum Network Planned Hard Fork Delayed Due to Late Acceptance of EIPS
The blockchain infrastructure company running the core of the Ethereum network has delayed the planned hard fork launch until September 6th.
Nigerian Crypto Community Affected by Paxful Shutdown
The closure of Paxful, a peer-to-peer cryptocurrency marketplace, has left the Nigerian crypto community searching for alternatives. Nigeria, ranked eighth in crypto adoption, was significantly impacted by Paxful's pioneering use of peer-to-peer technology. Members of the community expressed concern over the future of crypto marketplaces and the fate of their funds.
The Development of Blockchain Chips
The new "fully homomorphic encryption" chip will let users operate on data without decrypting it.
ChatGPT Poised to Challenge Google Assistant on Android Devices
OpenAI's ChatGPT may soon challenge Google Assistant's role as the default voice assistant on Android, signaling a significant shift in the digital assistant sector and underscoring AI's growing impact in technology.
Council of Europe Adopts Groundbreaking AI Guidelines for Journalism
The Council of Europe has adopted new guidelines for responsible AI use in journalism, emphasizing human rights and rule of law in the news media sector.
Biden urges technology firms to prioritize safety in AI development
US President Joe Biden has called for technology companies to prioritize safety when developing and releasing artificial intelligence (AI) products. He acknowledged the potential benefits of AI in addressing global issues, but emphasized the need to address risks to society, national security, and the economy. Biden also urged Congress to approve non-partisan privacy laws that prioritize health and safety in product development.
Nomura's Laser Digital Launches Ethereum Adoption Fund for Institutional Investors
Nomura's Laser Digital has launched an Ethereum Adoption Fund, focusing on institutional investors, with a strategy involving staking and regulated custody, aiming to increase institutional engagement in Ethereum investments.
US Government Grants $162 Million to Microchip Technology for Semiconductor Production Boost
US grants $162M to Microchip Technology, bolstering domestic semiconductor production under the CHIPS & Science Act.
Asia Crucial to Web3 Gaming Industry
A report by DappRadar highlighted the importance of Asia in the Web3 gaming industry, due to the region's majority share of gamers and gaming revenue, as well as its high interest in blockchain technology. While China prohibits gaming companies from integrating blockchain technology, Japan and South Korea are leading the way in adopting blockchain technology in gaming.
ENS Launches EVM Gateway, Enhancing Interoperability Between L1 and L2 Chains
ENS Domains introduces the EVM Gateway, an open-source platform enhancing interoperability between L1 and L2 chains, promoting a more connected and efficient blockchain ecosystem.
nChain CEO Departs Accusing Dr. Craig Wright of Fraud
Christen Ager-Hanssen resigns as nChain's Group CEO, alleging serious internal issues and a conspiracy to defraud shareholders. He accuses Dr. Craig Wright of deceiving courts about being Satoshi Nakamoto, leading to a significant reaction from the cryptocurrency community. Discussions also touch on Ager-Hanssen’s past involvement with Algorand and the implications of his revelations on the Bitcoin SV community.
Features and Bonuses on Safe and Reliable Online Casinos Utilizing Blockchain Technology
Blockchain technology is revolutionizing online casinos by providing decentralized, transparent, and secure solutions, enhancing fairness, security, and reliability. Key benefits include cryptographic techniques, transparency, reduced manipulation risks, lower transaction fees, global access, and features like smart contracts and anonymity. Blockchain casinos offer bonuses and loyalty programs.
Nomura's Laser Digital Partners with WebN Group to Launch Libre Protocol on Polygon
Nomura's Laser Digital and WebN Group have unveiled the Libre protocol, a fund tokenization infrastructure powered by Polygon technology, set to launch in Q1 2024. The protocol aims to revolutionize the management and distribution of alternative investments, with Brevan Howard and Hamilton Lane as initial users.
ChatGPT Secures Top Spot as the Most-Viewed English Wikipedia Article of 2023
In 2023, ChatGPT's Wikipedia page achieved the highest English article view with over 49 million views, marking a significant increase in public interest in AI technology.
CharacterX Raises $2.8M for AI-DrivenAI Social Networking, Led by Lightspeed
CharacterX, a Stanford-initiated decentralized AI social network, secures $2.8M funding, blending AGI and blockchain to innovate social interactions, with significant user growth and technological advancements.
Chiliz (CHZ) and K League Forge Partnership for Enhanced Fan Engagement and Global Expansion
K League partners with Chiliz to enhance fan engagement and global outreach through blockchain technology, integrating 'K League Fantasy' into the Chiliz Chain.
Singapore AGC Launches Tech and Crypto Crime Task Forces
Singapore's Attorney-General's Chambers has established two specialized task forces to combat technology-enabled and technology-facilitated crimes. These units, formed this year, consist of around 20 prosecutors trained in handling digital evidence and understanding the nuances of tech-related criminal activities.
Cardano Nodes Go Offline for Half an Hour
Stake pool operators reported 50% of Cardano nodes disconnecting and restarting due to anomaly. Cardano's fintech business is investigating the anomaly's cause.
Hong Kong Government Alerts Public to AI-Generated Scams Featuring Deepfake of Chief Executive
The Hong Kong government warns against AI-generated scams, including a deepfake video of Chief Executive John Lee, urging public vigilance and caution.
Nigerian President-elect's Manifesto Includes Blockchain and Crypto Regulations
Nigerian President-elect Bola Tinubu has released a manifesto proposing the implementation of blockchain technology and cryptocurrencies in Nigeria's banking and finance sector. The manifesto suggests reforming existing Nigerian Security Exchange Commission regulations to create a more business-friendly framework for regulating digital assets. The proposed regulations would require digital asset companies to register with the SEC and comply with SEC regulations. The release of the manifesto coincides with the increasing adoption of cryptocurrencies in Nigeria, with the government hoping that the proposed SEC regulation reforms will attract more investors in the digital and economic sectors and stimulate economic growth.
Revolut Introduces Crypto Staking to UK and EEA
This week, Revolut's "soft testing" staking function will launch.
US Media Giants Block AI Crawlers to Protect Copyrights
A Wired report reveals that 88% of top US news outlets are blocking AI crawlers like OpenAI's GPTBot, to protect against copyright infringement and uncompensated content use.
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.
Lenny Bogdonoff Leaves OpenAI, Reflecting High Workload with 6-Day Weeks
Lenny Bogdonoff, a key contributor to OpenAI's ChatGPT and other AI initiatives, has ended his tenure with an intense six-day workload, a role he has played in the company's culture and technological advancements.
Australia Evaluates Mandatory AI Rules in High-Risk Areas
Australia is considering mandatory regulations for AI development in high-risk areas, balancing innovation with public safety, ethical concerns, and global alignment in AI governance.
Elon Musk Warns of AI’s Destructive Potential
Tesla and Twitter CEO Elon Musk has voiced his concerns over the potential for artificial intelligence to destroy civilization. Despite Musk’s plan to create a new AI startup, he acknowledges the dangers of the technology falling into the wrong hands or being developed with ill intentions.
Ethereum to Launch Zhejiang Public Withdrawal Testnet
Staked Ethereum is frozen until the Shanghai update.
Emma Watson's AI-Rendered Male Alter Ego: A Glimpse into the Future of Celebrity Transformation
AI technology reimagines Emma Watson and other celebrities in opposite genders, showcasing the blend of creativity and technology in transforming perceptions of identity and celebrity.
Blockchain and Human Consciousness
The reState Foundation held a virtual talk between Vitalik Buterin, co-founder of Ethereum, and Sadhguru, founder of the Isha Foundation, discussing how emerging technologies like blockchain will impact human consciousness.
Nodle's Smartphone-Powered Blockchain Network
Nodle turns cellphones into nodes using Bluetooth to increase IoT adoption.
Algorand (ALGO) Ventures Invests in Gora Network
Algorand Ventures' investment in Gora Network marks a significant step in advancing blockchain oracle technology. Gora Network, emerging from an Algorand hackathon, aims to enhance blockchain applications with secure, real-world data, expanding its business, infrastructure, product suite, and developer ecosystem.
Nasdaq Embraces AI to Spearhead Financial Crime Prevention
Nasdaq is investing heavily in AI technology to combat financial crime, strengthening its position as a technology-driven financial services company and addressing sophisticated financial crimes.
BNB Chain: Driving the Next Billion User Revolution in Web3, NFTs, and the Metaverse – An Exclusive Interview
Discover BNB Chain's strategy for onboarding 1 billion Web3 users, bridging the decentralized tech gap, managing transaction costs, and future platform developments in our exclusive interview.
Hong Kong Science and Technology Park: Turning Tech Startups' Visions into Reality
Blockchain.News sat down with Peter Mok, Head of Incubation and Acceleration Programmes, HKSTP to gain further insight into the incubation initiative and the custom-made programs, that have been designed to support technology startups, and specifically how they could be utilized by blockchain startups.
Hong Kong with its Incredibly Unique Positioning in FinTech
In the second part of our interview with Peter Mok, Head of Incubation and Acceleration Programs at the Hong Kong Science and Technology Park (HKSTP), he went into detail on the initiatives they have developed to combat the global talent shortage, bring Hong Kong’s lagging Fintech industry up to speed and he tells us how blockchain startups can leverage the Hong Kong-Shenzhen Innovation and Technology Park.
Beyond Startups—Championing for an Ecosystem to Drive Blockchain Forward
Tribe Accelerator is Singapore’s first government-backed blockchain accelerator, on a mission to bridge the gap between blockchain startups and the traditional world. Yi Ming Ng, the Managing Director at Tribe Accelerator, believes that blockchain is beneficial to a lot of businesses from different industries. However, there has been a lot of fear and speculation around cryptocurrencies in the traditional corporate world.
IBM Blockchain in Action: What are the Benefits?
In first and second parts of our interview with Alan Lim, the Program Director of IBM Blockchain Lab in the Asia Pacific, we explored the idea of data standards to improve the supply chain industry, as well as the IBM Food Trust, a food provenance network that allows food products to be traced and tracked. Digging deeper into IBM Blockchain, what else has the company been working on?
Digitization vs. Digitalization: FinFabrik CEO Explains Digitalization of Asset Investment in Private Markets
FinFabrik, a leading capital markets FinTech startup based in Hong Kong has recently launched a new Private Equity module on its proprietary DLT infrastructure that helps private markets institutions digitalize their operations. The platform named “CrossPool” rides on Corda Enterprise for transaction and contract management and Hyperledger Indy for identity management. With extensive experience in the financial industry and entrepreneurship, Alex Medana, the CEO of FinFabrik, talks about the core values of FinFabrik in the maturing DLT and FinTech industry and the firm’s digital assets issuance and investment platform CrossPool.
Beyond Banking: DBS Bank’s Digital Transformation into Smarter ‘Phygital’ Banking Services
In 2019, despite facing an increasingly challenging and uncertain environment, especially the second half of last year, DBS achieved a record performance and successfully launched DBS’ First Fully Virtual Wealth Management Account Opening Solution.
Exclusive: How to Ensure Random Numbers in Public Blockchain?
Following Part 1 of our interview, Jing Chen of Algorand further teaches our readers on how to ensure the randomness of a number in public blockchain! She also evaluates the existing Proof-of-Stake (POS) protocols: Delegated VS Bonded VS Pure POS!
Exclusive: Blockchain Trilemma Solved? Secrets Revealed by Turing Award Winner's Algorand
There are numerous blockchain project teams attempting to address the blockchain trilemma, and the Turing Award winning team Algorand is one promising candidate. We have the pleasure to speak with Jing Chen, Chief Scientist of Algorand, on how Algorand attempts to solve blockchain trilemma with its Byzantine agreement. She also explains why Algorand is non-forkable and the restrictions on Algorand’s adversary model!
CEO Jack Dorsey On Why the Future of Twitter Lies in Blockchain
Twitter CEO Jack Dorsey discussed Bitcoin and how blockchain technology can be leveraged to counter security breaches in an increasingly digital world.
MasterCard Asia Files Device Billing System Patent Compatible With Iota’s Tangle Network
MasterCard patents blockchain system to help shared device merchants avoid credit card fees.
Insurance Firms in China and Hong Kong Count on Blockchain to Fast Track Coronavirus Claims Amid Outbreak
Xiang Hu Bao, an online mutual aid platform, a subsidiary of Ant Financial, is a “collective claims-sharing mechanism built on blockchain that offers basic health plans to its 104 million participants.” Most of its users are Chinese citizens from lower-tier cities, and in rural areas. By utilizing blockchain technology, settlements have been made more efficient, and fraudulent claims have been reduced.
Fujitsu and Ricex Reveals World’s First Blockchain-Enabled Rice Trading Platform
Fujitsu has revealed its collaboration with Rice Exchange (Ricex), a Switzerland-based startup, for the first-ever blockchain-powered rice trading platform. This move seeks to offer unparalleled traceability, efficiency, transparency, and security to the worldwide rice market worth a whopping $450 billion.
Proof-of-Stake Founder Sunny King, on his Crypto Journey Inspired by Elon Musk and Steve Jobs
In the recent conversation with CoinMarketCap, Proof-of-Stake Founder Sunny King revealed how his crypto journey is inspired by Steve Jobs and Elon Musk! He also debunked the myth that energy consumption contributes to the intrinsic value of cryptocurrencies.
StanChart and UnionBank of the Philippines Collaborate on PoC of $187 Million Blockchain-Powered Bond
The UnionBank of the Philippines and Standard Chartered have created a proof of concept required in the issuance of a blockchain-powered retail bond.
Argentina Adopts Blockchain Technology for Traceability in the Citrus Industry
The citrus supply chain is one of the most fragmented and complex of all supply chains. The production is found all over the world, thus making several intermediaries and producers difficult to identify and trace. The Argentine Citrus Federation (Federcitrus) incorporated blockchain into the agency’s informatics system to provide traceability of fruit export products.
DOJ Wants to Bypass End-to-End Encryption to Fight Child Sexual Exploitation – Cause for Concern for Tech?
US government officials want to bypass encryption on websites, under allegations that child sexual exploitation runs unmonitored on strongly encrypted platforms.
Common Blockchain Misconceptions - Part 2 of 3
Common Blockchain Misconceptions – Part 2 of 3
How Blockchain Is Creating 5 Fintech Disruption Opportunities
Fintech blockchain acquisition is not only about testing and watching. It’s also about proactively taking action and applying the technology.
United Nations Development Programme to Conserve and Increase Kazakhstan’s Forestland Using Blockchain
BitFury, a blockchain development firm has been making plans to get into partnership with the United Nations Development Programme (UNDP) in an effort to help the country reduce its greenhouse emissions by more than 15 percent as this would conserve and boost Kazakhstan’s Forestland.
Russia Plans to Build AI Software to Remove the Anonymity of Users in Crypto Transactions
The Russian agency’s plan involves using artificial intelligence (AI) for its software, as the agency sees an “urgent need to create effective opportunities for state control over the circulation of virtual assets.”
CIA Eyes Blockchain Technology with New Research Lab
US Central Intelligence Agency has rolled an in-house R&D arm dubbed CIA Labs to scale up technological and scientific breakthroughs for future intelligence challenges.
What are Smart Contracts and Why are They Important?
Since the lack of transparency puts the security of any transaction in jeopardy, this as now a problem of grave concern, so how do smart contracts solve these problems?
World Economic Forum Recognized Six Blockchain Companies as “Technology Pioneers” in 2020, Including MakerDAO and Chainlink
The World Economic Forum (WEF) has honored six blockchain companies on its list of 100 “early to growth-stage” firms Technology Pioneers for 2020, including MakerDAO and Chainlink.
How Blockchain Can Mitigate the Menace of Identity Theft
According to the Center for Victim Research, 7-10% of the US population are often victims of identity theft annually. Moreover, 21% of them suffer multiple cases of identity fraud. This menace is being experienced across the globe, and blockchain technology can be instrumental in stamping it out.
World Wide Fund for Nature in the Philippines to Create Blockchain-Powered Fish Traceability App
The World Wide Fund for Nature (WWF) Philippines has teamed up with UnionBank, a digital wallet, to create a blockchain-powered app dubbed Tracey to offer financial support to local fishers, as well as propel traceability and transparency in the fish supply chain.
Ethereum's Vitalik Buterin Thinks Mining Monero on HTC Phones is a “Fool’s Game”
Ethereum co-creator has downplayed the partnership between HTC and Midas Labs, which enables Monero mining on mobile phones.
Kompute Seeks to be the “AWS” of Decentralized Cloud Computing
Kompute, a blockchain company based in Estonia, intends to render significant control and anonymity in cloud computing through a decentralized model explicitly created for Web3.
Abacus Life Partners With Blockcerts to Introduce Blockchain-Powered Insurance
Abacus Life Settlements, a buyer of life insurance policies in the US, has teamed up with BlockCerts to introduce blockchain-enabled insurance and longevity-related assets.
JPMorgan Blockchain Spin-Off Kadena Releases Blockchain-Based App that Verifies Coronavirus Tests
Kadena launches a blockchain-based app that compliments COVID-19 testing, in a united effort to prevent data falsification.
Amazon CEO Jeff Bezos is Worth More Than Bitcoin’s Market Cap
It was recently announced that Amazon CEO Jeff Bezos’s wealth has surpassed that of Bitcoin’s market cap, meaning Bezos’ wealth has soared up to $171.6 Billion—the icing on the cake to top off his pre-divorce financial record.
Plantoids: The Advent of New Blockchain-Based Lifeforms
Plantoids. What are they? Where do they come from? This new art project uses blockchain as a new outlet of artistic expression.
Thai Government Announces Blockchain Technology Adoption in Finance Agencies to Enhance Work Efficiency
The Thai government has remained visible as one of the leading governments committed to adopting blockchain technology. Many innovations concerning blockchain use cases can be learned from the government.
IBM and Oracle Collaborate on Interoperability Work for Their Blockchains to Communicate With Each Other
IBM and Oracle have announced that they are collaborating to build an interoperability initiative to allow their blockchains to be able to communicate with each other.
Verizon's New Blockchain Verification Tool 'Full Transparency' Combats Fake News
Verizon has unveiled a blockchain-based solution dubbed 'Full Transparency' for the verification of news and media releases.
UAE Health Authorities Launch Blockchain-Based Platform for Verifying Health Data Validity and Reliability
The United Arab Emirates (UAE) Ministry of Health and Prevention (MoHAP), the Ministry of Presidential Affairs, Dubai Healthcare City and other authorities have come together to launch a blockchain-based system for health data storage.
Microsoft’s Bill Gates on Big Tech Antitrust Hearing – Government Scrunity Inevitable with Tech Success
Bill Gates discussed the antitrust hearing opposing US congress and Big Tech - Amazon, Apple, Facebook, and Google (Alphabet) - and gave his input.
Google Cloud Introduces Blockchain Node Engine for Web3 Development
Google Cloud's latest launch, Blockchain Node Engine, aims to help Web3 developers build and deploy new products on blockchain-based platforms.
Alibaba Integrates New Blockchain System With its E-Commerce Platform to Enhance Traceability
Alibaba has recently announced its integration of a full-link traceability blockchain system into its import e-commerce platform, Kaola. The Chinese e-commerce giant has previously acquired NetEase’s Kaola cross-border e-commerce platform in September 2019 for $2 billion.
How Blockchain Technology Can be Used to Leverage Booming TikTok and Influencer Trends
Blockchain technology has been a growing hot topic, with companies integrating it more and more into their ecosystem for better security, decentralization, and lower costs, among other things.
Brazil Records the First Blockchain-Based Birth Certificate
The first birth certificates recorded on the blockchain was issued in Brazil to Álvaro de Medeiros Mendonça.
Samsung Electronics to Secure its Smart Gadgets With Blockchain-Based Solution
Multinational tech giant, Samsung Electronics has unveiled its plans to protect its connected devices using a Samsung Knox Matrix solution
South Korea to Introduce Blockchain-Powered COVID-19 “Vaccine Passports”
In order to revive cross-border travel and keep infection risks under control, the South Korean government seeks to issue blockchain-backed COVID-19 “vaccine passports” to immunized citizens.
US Congress Considers Using Blockchain for Remote Voting While the White House Urged to Stay Competitive with China
The US Congress is considering using blockchain technology to enable the Senate to conduct remote voting during the ongoing COVID-19 pandemic. The report highlighted that the crisis emphasized the need to consider certain functions to proceed remotely when it may not be safe for members to gather in person. The report explored a combination of different technologies to be used, including blockchain and encrypted E2EE.
DAppstore Creator Decenternet’s Spyce Token to be Listed on BW Exchange November 22nd
Decenternet has created a marketplace for decentralized applications (dApp store) and a decentralized web browser. The token accompanying this new online ecosystem will be called Spyce. The BW Exchange plans on listing the Spyce token on November 22nd, 2019.
Mercedes Partners with Blockchain Company to Track Carbon Emission in Cobalt Supply Chain
A collaboration between the major car manufacturers, Mercedes Benz and Circular, a Blockchain Startup to carry out a combined program which would be for the purpose of tracing the emissions of carbon in the cobalt supply chain.
India’s Election Commission Proposed Using Blockchain for Remote E-Voting
India’s Election Commission proposed using blockchain technology as a solution for bringing transparency for remote voting in a discussion on addressing geographical voting issues.
Dynasty Farms to Use Blockchain for Fresh Produce Traceability Project
Dynasty Farms/ Pacific International Marketing is set to use iTrade Blockchain to propel transparency and traceability of fresh produce. iTrade Network is a noteworthy worldwide provider of supply chain management solutions in the food and beverage sector.
Canadian Blockchain Project to Assist Mongolian Nomadic Farmers Fight Income Instability
Convergence.tech, a Toronto-based digital transformation company, has finished a blockchain-powered project aimed at assisting Mongolian nomadic farmers maximize returns on their cashmere product.
LabCFTC to Announce the Winner of Project Streetlamp at Fintech-Focused Virtual Events Series Later This Year
The Commodities Futures Trading Commission (CFTC) announced that its FinTech research wing, LabCFTC will be hosting a series of interactive virtual events during autumn 2020.
Constellation Network to Provide Blockchain Security for US Air Force's Data Sharing Needs
The US Air Force is set to secure its multi-partner data sharing using Constellation Network's data infrastructure.
Brexit Border Issues Solved by Blockchain? The EU Has Doubts
ELAND, a consortium of border security professionals, IoT experts, and haulage industry professionals, have come together with a plan to use blockchain technology to track cross-border trade after the United Kingdom leaves the European Union.
Utrust Joins Hand With Alternative Airlines To Ensure Secure Crypto Payments For Users
Utrust, a blockchain-powered payment technology that enables online businesses to accept cryptos.
Blockchain and IoT: Transforming Hong Kong into a Smart City
Blockchain and IoT: Transforming Hong Kong into a Smart City
Binance China and Xinyuan Group to Expand Blockchain Utility in Global Real Estate
Binance China Blockchain Institute, the research arm of global exchange Binance has formed a strategic partnership with Xinyuan Group to further the application of blockchain technology in the global real estate industry—including New York.
Bitcoin and Cryptocurrency Websites Take a Hit as Security Giant Cloudflare Suffers Major Internet Outage
Website security company Cloudflare underwent connectivity problems on Sunday, taking down a dozen of cryptocurrency websites with it.
Ethereum-Based Wallet MetaMask Adds Token Swaps to Its Features
MetaMask recently announced a new add-on to its browser which can facilitate decentralized finance (DeFi) transactions for Ethereum-based tokens.
Oracle Confirms Partnership with TikTok, President Trump Still Needs to Approve Deal
Oracle, the tech company that was said to have acquired TikTok’s US operations, has finally commented on the partnership and confirmed it.
RBL Bank Partners with Accenture to Build A Digital Bank Infrastructure
RBL Bank announced that it will partner with Accenture, who envisions that it will enhance the bank’s information technology (IT) network and services.
Banking on Blockchain: FinTech and Digitalization Will Play a Significant Role for the Chinese Banking Industry
China’s banking industry for small to medium-sized enterprises (SMEs) will rely on digitization and financial technology to build a “new infrastructure” for the entire industry. Highly endorsed by the country’s president, Xi Jinping, blockchain technology has seen a surge in popularity in the past year.
Italian Town Spearheads Blockchain-Propelled Waste Management
Miglianico, an Italian town in the Abruzzo region, is famous for its wine production based on its expansive vineyards. The city is planning to establish a new blockchain breakthrough by being the first town in the country to incorporate distributed digital ledger technology for its waste management solutions.
Foodpanda Goes Blockchain for Digital-Out-of-Home Advertising Enabled by the Zilliqa Blockchain
The aim of the new blockchain-enabled pilot has been identified as being present across offline moments when consumers make their decisions on food delivery.
Coinbase CEO Armstrong and Tech Giant Apple Butt Heads over Crypto and dApps
Coinbase CEO Brian Armstrong has voiced his disappointment over Apple’s lack of flexibility on decentralized applications (dApps) operating on its App store.
Signal Messaging App Now Accepts Bitcoin and Ether Donations
Signal messaging app, which offers end-to-end encryption, has begun to accept cryptocurrency donations that will be used to support the platform.
World Sustainability Organization Adopts Blockchain-Based Virtual Audits to Curb COVID-19 Spread
With coronavirus (COVID-19) prevention measures necessitating self-isolation and social distancing, Friend of the Sea (FOS), a World Sustainability Organization’s project for seafood certification, has embraced blockchain-enabled virtual audits to mitigate the expansion of this pandemic. As a result, FOS has eradicated onsite scrutinies because safety is of the essence during these trying times.