Tag: ai_powered
Do Kwon’s Extradition to South Korea Hits Roadblock
Do Kwon, the embattled founder of Terraform Labs, may have secured a temporary reprieve in his ongoing extradition saga. Unverified reports suggest that Montenegro, the European nation currently holding Kwon in custody, has put the brakes on his extraditi...
Crypto Gets Competitive: Green Bitcoin Unveils Gamified Staking with Big Prizes
Green Bitcoin is shaking up the cryptocurrency space with its novel “Gamified Green Staking” model. This system injects a dose of friendly competition into the world of crypto, offering users the chance to earn substantial rewards through accurate price p...
Decentralized Dreams: Web3 Network Aims to Reclaim User Data
A revolutionary web architecture is under construction, promising to wrest control of user data from the grasp of tech giants. This nascent web3 network, spearheaded by companies like Edge & Node, envisions a future where individuals, not corporations...
Digital Diversification: Institutions Eye Established Coins for Crypto Entry
The question of which cryptocurrencies will capture the attention of institutional investors continues to loom large over the digital asset market. While the allure of groundbreaking blockchain technology and niche projects remains undeniable, industry ex...
Judge Rejects Silvergate’s Dismissal in FTX Lawsuit, Bank Faces Fraud Allegations
A California judge has dealt a blow to Silvergate Bank’s attempt to distance itself from the FTX collapse. The ruling denies the bank’s motion to dismiss a lawsuit accusing it of aiding FTX in its alleged fraudulent activities. This decision paves the way...
M-Series Chip Vulnerability Casts Shadow on Mac Security
A recently discovered flaw in Apple’s M-series chips throws a wrench into Mac security. The vulnerability, detailed by Ars Technica, exposes a user’s cryptographic keys, the digital guardians that keep sensitive data under lock and key. Unlike typical sof...
Saudi Arabia Unveils Vision for a High-Tech Future
Saudi Arabia is poised for a metamorphosis. Long known for its oil reserves and conservative traditions, the kingdom is now setting its sights on a future gleaming with innovation and futuristic megacities. This ambitious vision, spearheaded by Crown Prin...
Italian Watchdog Stumbles in Web Blockade Despite Aggressive Anti-Piracy Push
Italy’s communications regulator, the Autorità per le Garanzie nelle Comunicazioni (AGCOM), has found itself in an ironic situation. While spearheading a large-scale campaign to curb online piracy, the organization appears to be facing technical difficult...
Indian Crypto Exchange Exodus: OKX Asks Users to Withdraw Funds
Indian cryptocurrency exchange OKX joined the growing exodus of foreign platforms from the country’s digital asset market on Thursday. In an announcement to its Indian users, OKX advised them to close their accounts and withdraw all funds before April 30t...
Dubai Aerospace Enterprise Secures US$420 Million Cash Injection
Dubai Aerospace Enterprise (DAE), a leading player in the global aviation services sector, announced the signing of a significant financing agreement on March 20, 2024. The company secured a US$420 million, five-year unsecured term loan from China Constru...
BlackRock Makes Splash in Tokenized Securities with Ethereum-Based BUIDL Fund
Asset management giant BlackRock has taken a significant step into the world of tokenized securities with the launch of its first such fund, BUIDL, built on the Ethereum blockchain. This move signifies a growing trend of traditional finance (TradFi) embra...
Crypto Under Scrutiny: EU Tightens Anti-Money Laundering Net
European Union lawmakers have taken a significant step towards clamping down on financial crime with the provisional approval of three pillars of a wide-ranging anti-money laundering (AML) package. The new regulations, designed to crack down on illicit ac...
United Arab Emirates Pushes for Solo Act in Trade Talks with European Union
The United Arab Emirates (UAE) is seeking to initiate separate trade negotiations with the European Union (EU), according to informed sources, as discussions involving the entire Gulf Cooperation Council (GCC) bloc appear to have stalled. The GCC, a six-n...
Indian Customer Experience Platform Locobuzz Targets Flourishing Middle East Market
Locobuzz, a leading Indian customer experience (CX) platform, has set its sights on capturing a slice of the burgeoning Middle Eastern market. The company, known for its AI-powered social listening and engagement tools, believes its offerings can empower...
Fidelity Eyes Staking Rewards with Updated Ethereum ETF Proposal
Financial services giant Fidelity Investments is making a play for potential returns with an update to its proposed spot Ethereum exchange-traded fund (ETF). The amended application, filed with the U.S. Securities and Exchange Commission (SEC) on March 18...