Category : Blockchain

Blockchain

Debiex Accused of $2.3M Romance Scam by CFTC

The CFTC has charged Debiex and Zhāng Chéng Yáng with conducting a romance scam, misleading customers to invest $2.3 million in a fraudulent scheme. (Read More)

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. (Read More)

Former IcomTech CEO Marco Ochoa Sentenced for Wire Fraud Involving Crypto Ponzi Scheme

Marco Ochoa, ex-CEO of IcomTech, has been sentenced to five years in prison for wire fraud in a crypto Ponzi scheme, with a $914,000 forfeiture and two years of supervised release. (Read More)

Hut 8 Mining Corp. Responds to Short-Seller Accusations Amid Stock Tumble

Hut 8 Corp faces serious accusations from JCapital Research, claiming mismanagement and legal issues post-merger, leading to a significant stock price drop. The company is now working to address these allegations and reassure investors. (Read More)

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. (Read More)

Vietnamese Scientists Revolutionize AI in Mathematics with AlphaGeometry

Vietnamese scientists are advancing in AlphaGeometry, AI Mathematics, and solving geometry problems using synthetic data, neural language models, symbolic engines, Google DeepMind, and educational AI. (Read More)

Vision Mamba: A New Paradigm in AI Vision with Bidirectional State Space Models

The Vision Mamba project introduces a transformative approach in AI vision with its bidirectional state space models, outperforming traditional vision transformers in efficiency and performance across various tasks, including ImageNet classification...

South Korea May Reconsider Stance on Bitcoin ETFs

South Korea's Presidential Office has urged the Financial Services Commission to reconsider its stance on Bitcoin ETFs, indicating a potential shift in the country's cryptocurrency regulation, following initial warnings against U.S.-based spot Bitcoi...

SEC Extends Deliberation on Proposed Rule Change Amidst Heated Debates

The SEC extends its deliberation on a proposed rule change, amid congressional debates over its climate disclosure rule. The decision reflects the complex interplay between financial regulation, environmental concerns, and political ideologies. (Read...

Surge in Generative AI Adoption Across Sectors: Balancing Innovation and Risks

Recent surveys highlight a significant increase in generative AI adoption in public and private sectors, driven by its potential for innovation and productivity. However, concerns over governance, risk management, and economic inequality emphasize th...

Philippines Spearheads ASEAN AI Regulatory Framework

Philippines' Congress Speaker Martin Romualdez plans to introduce an AI regulatory framework to ASEAN during its chairmanship in 2026, focusing on digitization, cybersecurity, and managing generative AI in economic policies. (Read More)

Saros Cryptocurrency (SAROS) will be listed on Bybit

Saros raises $3.75M in funding and gets listed on Bybit with a 50,000 USDT prize pool, marking significant strides in expanding its reach and enhancing its offerings in the DeFi space. (Read More)

Former Bithumb Chairman Lee Jung-Hoon Acquitted in $100M Fraud Case

Lee Jung-Hoon, former chairman of Bithumb, has been acquitted in a $100 million fraud case related to the non-listing of the BXA token, highlighting challenges in crypto industry legal cases. (Read More)

Spot Bitcoin ETFs: Transforming Crypto Investment Landscape

The SEC's approval of spot Bitcoin ETFs, including Valkyrie's, marks a pivotal moment for crypto investments, potentially attracting billions in inflows and indicating a surge in Bitcoin's mainstream acceptance. (Read More)

TOFU: How AI Can Forget Your Privacy Data

TOFU, a AI model, tackles the challenge of machine unlearning, aiming to make AI systems forget specific, unwanted data while retaining overall knowledge. (Read More)

TrueUSD Depegging Linked to Binance Launchpool Activities

TrueUSD (TUSD) depegged below its $1 parity, dropping to $0.97, amid significant selling on Binance and issues with real-time reserve attestations. The depegging was linked to activities on Binance Launchpool and raises questions about stablecoin sta...

Quantinuum Secures $300 Million in Landmark Quantum Computing Funding Round

Quantinuum secures a significant $300M equity fundraise at a $5B valuation, led by JPMorgan Chase, Mitsui, Amgen, and Honeywell, marking a major stride in the quantum computing sector and boosting development of fault-tolerant quantum computers. (Rea...

Canada Tightens Crypto Asset Regulations for Public Investment Funds

The Canadian Securities Administrators propose regulatory changes for public investment funds handling crypto assets, focusing on custodianship standards and limiting direct crypto dealings to specific fund types. (Read More)

Exciting AI Efficiency: Blending Smaller Models Surpasses Large Counterparts

A new study introduces "Blending" - combining smaller AI models to match or surpass larger counterparts like ChatGPT, showcasing enhanced efficiency and user engagement. (Read More)

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. (...

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