Search Results for: Technical

Solana's SOL Price Predicted to Surpass $3000 in Bullish Scenario by 2030

A detailed analysis by VanEck, a major asset management firm, sketches various valuation scenarios for Solana (SOL) by the year 2030, amid the blockchain’s remarkable performance and its strive for scalability, dated October 27, 2023. VanEck’s examination lays out three potential SOL price paths by 2030: a bearish $9.81, a bullish $3,211.28, and a base … Continue reading Solana's SOL Price Predicted to Surpass $3000 in Bullish Scenario by 2030

a16z-Backed Stelo Labs Ceases Operations Today, October 31, 2023

Today marks the cessation of operations for Stelo Labs, in accordance with their earlier announcement on October 17, 2023. The termination affects all Stelo products, including the widely recognized Stelo Chrome extension, which will no longer simulate transactions henceforth. This step has been undertaken to avert the risk of potential phishing attacks on users. The … Continue reading a16z-Backed Stelo Labs Ceases Operations Today, October 31, 2023

FCA Unveils Guidance on Cryptoasset Promotions Compliance

The Financial Conduct Authority (FCA) has unveiled a “finalised non-handbook guidance” document on Cryptoasset Financial Promotions. This release followed observed lapses in adherence to the new laws governing crypto asset promotions, which took effect on October 8, 2023. On June 8, 2023, the pertinent legislation concerning cryptoasset financial promotions was enacted, and subsequent rules were … Continue reading FCA Unveils Guidance on Cryptoasset Promotions Compliance

US NIST Initiates AI Safety Consortium to Promote Trustworthy AI Development

The United States National Institute of Standards and Technology (NIST), under the Department of Commerce, has taken a significant stride towards fostering a safe and trustworthy environment for Artificial Intelligence (AI) through the inception of the Artificial Intelligence Safety Institute Consortium (“Consortium”). The Consortium’s formation was announced in a notice published on November 2, 2023, … Continue reading US NIST Initiates AI Safety Consortium to Promote Trustworthy AI Development

SEC Alleges Fraud Against SafeMoon Amidst System Flaw Exploit

The United States Securities and Exchange Commission (SEC) has recently alleged fraud and violations of security rules against the decentralized financial project, SafeMoon. The allegations come in the wake of a significant system flaw exploitation that occurred in March, resulting in a hefty loss of 8.9 million BNB (Binance Coin) from the ledger. The digital … Continue reading SEC Alleges Fraud Against SafeMoon Amidst System Flaw Exploit

xAI's Grok: Musk's Novel AI Chatbot with Real-Time Insights

On November 4, 2023, Elon Musk’s artificial intelligence venture, xAI, introduced Grok, a novel AI chatbot poised to revolutionize the human interaction with digital knowledge. Grok is modeled after the whimsical ethos of ‘The Hitchhiker’s Guide to the Galaxy’, aiming to not only answer a myriad of questions but also to suggest insightful queries to … Continue reading xAI's Grok: Musk's Novel AI Chatbot with Real-Time Insights

Kazakhstan Blocks Coinbase, Citing Digital Asset Law

Kazakhstan’s Ministry of Culture and Information has clarified its decision to block the global cryptocurrency exchange, Coinbase, within the nation’s borders. The ministry asserts that the trading of cryptocurrencies on Coinbase is in direct violation of the Kazakhstani law on Digital Assets. This clarification was provided in response to an inquiry from “Kursiv,” following a … Continue reading Kazakhstan Blocks Coinbase, Citing Digital Asset Law

BIS Conference Addresses Cybersecurity in Central Bank Digital Currencies (CBDC)

The BIS Innovation Hub and the Cyber Resilience Coordination Centre (CRCC) hosted a conference on November 8, 2023, focused on “Securing the future monetary system: cyber security for central bank digital currencies“. General Manager Agustín Carstens opened the event with a clear message: the advent of CBDCs is inevitable, and their security is paramount to … Continue reading BIS Conference Addresses Cybersecurity in Central Bank Digital Currencies (CBDC)

Over 1 Million Applicants Join Nigeria's 3MTT AI Program

Nigeria’s Minister of Communications, Innovation, and Digital Economy, Bosun Tijani, has announced a landmark achievement in the nation’s digital transformation journey. The 3 Million Technical Talent (3MTT) initiative, a strategic program designed to advance artificial intelligence (AI) skills among Nigerians, has successfully attracted over one million applicants. This remarkable response, disclosed on November 8, 2023, on a … Continue reading Over 1 Million Applicants Join Nigeria's 3MTT AI Program

Microsoft's 2.5 billion GBP Investment in UK AI: Catalyst for Innovation and Growth

Microsoft has made an announcement on a big investment in the artificial intelligence (AI) infrastructure of the United Kingdom. The company’s objective is to dramatically enhance the capabilities of the nation’s AI. The following are some of the important topics that are covered by this all-encompassing investment plan: Microsoft intends to invest £2.5 billion ($3.2 … Continue reading Microsoft's 2.5 billion GBP Investment in UK AI: Catalyst for Innovation and Growth

Exit mobile version