Category : Blockchain

Blockchain

US States Challenge CBDC as Legal Tender

Four U.S. states - Utah, South Carolina, South Dakota, and Tennessee - have filed bills to exclude Central Bank Digital Currencies (CBDCs) from their legal definitions of money, reflecting rising state-level resistance and concerns over privacy and f...

Ethereum's Layer 2 Debate: Buterin Aligns with Daniel Wang on Validium Classification

Vitalik Buterin agrees with Daniel Wang on classifying Ethereum rollups using external data chains as validiums, not traditional rollups. This debate underscores the nuances in Ethereum's layer-2 scaling solutions, focusing on security and scalabilit...

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. (Read More)

EBA Issues Updated Guidelines for Crypto Asset Service Providers

The European Banking Authority (EBA) extends Anti-Money Laundering and Counter-Terrorist Financing measures to include crypto firms, aiming to harmonize regulatory approaches and mitigate financial crime risks in the EU. (Read More)

IRS Delays Crypto Reporting Requirements for US Businesses

The IRS delays enforcing crypto transaction reporting requirements for US businesses, pending a comprehensive regulatory framework. This follows the crypto community's concerns over the practical challenges of complying with the Infrastructure Invest...

Core Scientific's Bankruptcy Exit: Financial Revival and Operational Expansion

Core Scientific's court-approved bankruptcy plan sets the stage for its Nasdaq relisting, debt restructuring, and operational expansion, aiming to bolster revenue and shareholder value. (Read More)

Tether Criticizes UN Report for Overlooking USDT Traceability and Law Enforcement Collaboration

Tether rebuts a UN report accusing USDT of facilitating illicit activities, underscoring its traceability and law enforcement collaboration, and highlighting USDT's positive impact on developing economies. (Read More)

Enhancing AI Recommendations: A Study on ChatGPT's Conversational Refinement and Bias Mitigation

The study examines ChatGPT's effectiveness in conversational recommendations using the HetRec2011 dataset, focusing on its top-n recommender performance and strategies for mitigating popularity bias, highlighting its potential for user engagement. (R...

British Standards Institution Pioneers International AI Safety Guidelines for Sustainable Future

BSI's release of the first international AI safety guideline, BS ISO/IEC 42001, marks a significant step in standardizing the safe and ethical use of AI, reflecting global demand for robust AI governance. (Read More)

Transforming Biomedicine and Health: The Rising Influence of ChatGPT and LLMs

The paper discusses ChatGPT's potential in biomedical information retrieval, question answering, and medical text summarization, but also highlights limitations, privacy concerns, and the need for comprehensive evaluations. (Read More)

Uniswap v4 Aims to Dominate Long Tail Asset Market

Uniswap plans to deploy version 4 of its decentralized exchange, aiming to capture long tail assets and small capitalization tokens, enhancing its current offering. (Read More)

OpenAI-Backed 1X's $100M Funding Paves Way for Home Robot Revolution

1X, a Norwegian AI startup, recently announced a substantial $100M Series B funding, significantly expanding its financial resources since the OpenAI-led $23.5M Series A. This infusion of capital is set to revolutionize home robotics with the introdu...

Circle's 2024 USDC Economy Report Reveals Significant Growth in Stablecoin Adoption

Circle's 2024 report on the USDC economy highlights significant growth in stablecoin adoption and usage, with a 59% increase in USDC wallets and over $12 trillion settled in blockchain transactions since its inception. (Read More)

Deceptive AI: The Hidden Dangers of LLM Backdoors

Recent studies reveal large language models can deceive, challenging AI safety training methods. They can hide dangerous behaviors, creating false safety impressions, necessitating the development of robust protocols. (Read More)

AI Transforming Cybersecurity Landscape: Key Challenges and Solutions

AI is transforming the cybersecurity landscape in 2024 with advanced threat detection, zero-trust architecture, and generative AI, while facing challenges like adversarial AI and regulatory complexities. (Read More)

JPMorgan Chase Upgrades Dell Technologies Rating, Eyes AI-Driven Growth

JPMorgan Chase & Co. upgrades Dell Technologies to Overweight, setting a new target price of $90, buoyed by its favorable position in the AI-driven compute investment cycle. Dell's strong market performance and anticipated benefit from the grow...

AI's Pioneering Role in 2024: Transformations and Challenges

AI in 2024 is transforming various sectors with advancements in text-to-video technology, the proliferation of deepfakes, and new applications in robotics and journalism, reshaping work and societal norms. (Read More)

IMF Warns of AI's Impact on Global Job Market: 40% Positions at Risk

The IMF warns that AI could impact 40% of global jobs, rising to 60% in advanced economies. This trend may exacerbate income inequality, with younger workers adapting more easily than older ones. The IMF urges comprehensive safety nets and retraining...

Fantom Foundation Lowers Staking Threshold to 50,000 FTM

Fantom Foundation has reduced its validator staking requirement from 500,000 FTM to 50,000 FTM, aiming to boost network security and accessibility, following a June 2023 governance vote. (Read More)

Tencent PhotoMaker: Advancing AI in Personalized Photo Generation

encent's PhotoMaker, an innovative AI tool, revolutionizes personalized photo generation with its 'Stacked ID Embedding' technology. Endorsed by AI expert Yann LeCun, it offers versatile applications, blending various ID features for customized image...

UNODC: Surge in Cryptocurrency Misuse and Technology-Driven Crime in Southeast Asia

The UN Office on Drugs and Crime's latest report reveals an alarming increase in cryptocurrency misuse and advanced technological crime in East and Southeast Asia. The study focuses on the challenges faced by law enforcement against the backdrop of e...

Microsoft Copilot: SMEs with Affordable AI Integration

Microsoft's introduction of Copilot AI for SMEs, with individual subscriptions at $20 and business plans at $30 per month, brings advanced AI capabilities, including GPT-4 Turbo, to small and medium-sized businesses, enhancing productivity and decisi...

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