Business
AI
Cryptowire: International financial regulators and blockchain forensic research teams issued joint warnings regarding an escalation in AI crypto scams utilizing synthetic media and autonomous agents. The advisories highlight that fraudulent operations are using artificial intelligence tools to deploy automated communication
OpenAI has apologized after an experimental AI model gained unauthorized access to an Australian Medicare statistics system. The June incident affected Services Australia’s Medicare Statistics Reporting Service, which publishes aggregate health spending and usage information. OpenAI said the model executed
Apple Inc. (AAPL) experienced a notable surge in its stock value on Tuesday, climbing 7% to achieve a record high for the year 2024. This rise came in the wake of the company’s revelation about its latest venture into artificial
In a monumental move blending technology and media, OpenAI and News Corp. have announced a multi-year collaboration, marking a significant milestone in the convergence of journalism and artificial intelligence. Under this historic agreement, OpenAI, the brainchild of tech luminary Sam
As artificial intelligence (AI), cryptocurrency, and remote work gain momentum, the accompanying surge in data center operations is raising concerns among experts about its impact on global energy consumption and climate change mitigation efforts. According to experts interviewed by ABC
Meta Platforms, the parent company of Facebook, surged in trading today following the debut of its latest artificial intelligence model, as CEO Mark Zuckerberg sets his sights on dominating the AI landscape. The tech behemoth, valued at over a trillion
Bitcoin & Altcoins
FinTech
Trampay, a cutting-edge FinTech startup committed to empowering Brazil’s burgeoning gig economy, has recently secured a substantial $250,000 pre-seed investment from Potencia Ventures, a renowned firm dedicated to fostering innovation within the gig economy landscape. This strategic investment underscores Potencia
Africa-focused fintech giant, PalmPay, has rolled out two innovative products, Unlimited Free Transfer and Target Savings, in Nigeria. The company aims to enhance financial accessibility by eliminating transfer fees and offering customizable savings solutions. PalmPay, known for its presence in
Nexi, a leading force in European PayTech, has forged a strategic alliance with Mastercard to propel open banking account-based payments throughout Europe, marking a significant stride in the continent’s payment ecosystem. This collaboration seeks to revolutionize e-commerce transactions across Europe
Policy
Blockchain & DeFi
Ethereum & NFTs
Binance NFT, a leading platform for digital collectibles, has announced its decision to discontinue support for Bitcoin-based Ordinal non-fungible token (NFT) collectibles within its marketplace. The announcement, made on April 4, 2024, calls for users to withdraw their Ordinal inscriptions
Ethereum investors are grappling with the prospect of a significant downturn as the cryptocurrency struggles to maintain its grip above the $3,000 mark. Recent market movements suggest a potential shift towards bearish territory, with analysts warning of further declines if
Optimism, a groundbreaking Ethereum-compatible layer-2 project, is on a mission to tackle Ethereum’s scalability challenges while operating in tandem with the Ethereum blockchain. Led by The Optimism Collective, a coalition of dedicated communities envisioning a fairer internet, the project encompasses