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Facebook to Launch Libra Cryptocurrency in January 2021, But in Limited Format
According to a new developing story, Facebook expects to launch its Libra cryptocurrency in January next year, but in a limited format.
$1 Billion in Bitcoin Moves From Silk Road Wallet, a Format Update or a Hack?
69,370 Bitcoins has moved from an address connected to the defunct Silk Road darknet market for the first time in five years, was it a hack or a move to update the address?
UAE to Launch and Test in-house Digital Currency
The Central Bank of the United Arab Emirates has plans to develop an in-house digital currency by 2026.
Virginia Tech Study Reveals Geographic Biases in ChatGPT's Environmental Justice Information
Virginia Tech study reveals ChatGPT's limitations in providing local-specific info on environmental justice, highlighting geographic biases.
UK Court of Appeal Examines Copyright Claims over Bitcoin File Format
UK Court of Appeal reviews Dr. Craig Wright's claim of copyright infringement over the Bitcoin File Format. Wright alleges he is Bitcoin's creator, 'Satoshi Nakamoto'. The case's outcome could impact digital asset copyrights.
Google's Imagen 2 Unveiled: Revolutionizing Text-to-Image AI Technology
Google's latest updates to Bard introduce image generation, multilingual support with Gemini Pro, enhanced coding assistance, and broader accessibility, showcasing significant advancements in AI-driven creativity and user interaction.
“Bitcoin Has Depreciated in Half” Says Clueless Chechen Republic Leader Kadyrov
Ramzan Kadyrov, the Head of the Chechen Republic has a strong distrust of Bitcoin, along with a profoundly confused understanding of BTC price.
US DHS Cybersecurity Official Expects to be Fired in Trump’s Post-Election Purge for Debunking Fake News
A United States Homeland cybersecurity official, Christopher Krebs expects to be cut in President Trump’s post-election purge for proactively debunking disinformation.
Bridging the Accessibility Divide in AI: New Study Insights
New study highlights the need for inclusive design in AI-powered information systems, vital for users with low literacy.
South Korean Hospitals to Usher in New Healthcare Era Using Blockchain Technology, AI and Big Data
South Korean hospitals intend to set the ball rolling in ushering in a new healthcare era using industry 4.0 technology like blockchain, artificial intelligence (AI), and big data.
Binance Labs Clarifies Non-Involvement in SkyArk Chronicles' Claimed Investment
Binance Labs recently clarified its non-involvement in SkyArk Chronicles' claimed $15M investment round, spotlighting the need for factual accuracy and transparent communication in blockchain project investments.
US Banking Giant Patents AI Fact Checker to Simplify Investing in Crypto
Capital One Services, a subsidiary of US banking giant Capital One has patented a new artificial intelligence system to guide human cryptocurrency traders through the complicated world of misinformation in the digital assets space.
EU Council Adopts DAC8 Directive to Enhance Tax Oversight on Crypto Transactions
The Council of the EU has adopted the DAC8 directive to enhance administrative cooperation among national tax authorities concerning crypto-asset transactions and tax rulings for high-net-worth individuals. The directive broadens the scope of assets covered, mandates automatic information exchange, and aligns with global standards set by the OECD and G20 to address challenges posed by the digital economy.
Over 1 in 3 TikTok Influencers Post Misleading Crypto Content
A study by dappGambl found that over 1 in 3 TikTok influencers posting crypto-related content were found to be sharing misleading information, without providing adequate disclaimers or warning users about investment risks. The study analyzed over 1,161 videos on the platform and discovered that 47% of creators were pushing services to make money. The potential financial risk for unwary investors remains high, with popular hashtags related to crypto churning over 6 billion views on TikTok.
Chinese President Xi Jinping Highlights the Transformative Impact of Blockchain and AI on Global Industries
Chinese President Xi Jinping praised emerging technologies like AI and blockchain at the 2023 China International Intelligent Industry Expo, highlighting their potential global implications.
Digital Transformation in Finance and Accounting Accelerated by Pandemic, ISG Reports
The 2023 ISG Provider Lens™ report highlights the global transformation of finance and accounting departments due to COVID-19 lockdowns and remote work, relying on external providers for digital strategies and outcome-based contracts.
Trump Warns of AI and Deepfake Dangers in Fox Business Interview
Former President Donald Trump criticized AI and deepfake technology, stating they pose significant risks and require urgent action to mitigate potential conflict and misinformation, emphasizing the complexities of regulating AI and ensuring ethical use.
Coin Cloud Customer Data and Source Code Allegedly Stolen
Coin Cloud, a cryptocurrency ATM provider, has suffered a data breach involving 70,000 customer selfies and 300,000 PII stolen, highlighting the need for improved security measures in the cryptocurrency sector.
Worldcoin (WLD) Investigated by South Korea's Personal Information Protection Commission
Amidst privacy concerns, South Korea's Personal Information Protection Commission has launched an investigation into Worldcoin's data collection practices.
Ethereum Devs Discuss Dencun Upgrade and EVM Object Format
The ACDE Call #172 saw Ethereum developers discussing the Dencun testing progress and the debated EOF proposal amidst concerns over its complexity and timing. The discussions reflect a cautious approach towards substantial protocol upgrades, ensuring Ethereum's evolution considers both immediate and long-term implications.
TikTok Crypto Influencers Mislead Viewers
More than one-third of cryptocurrency influencers on TikTok have posted misleading videos about Bitcoin and other cryptocurrencies, according to a recent study. Many of these influencers fail to provide disclaimers warning users about the risks of investing in cryptocurrencies. Moreover, many are pushing services and investments for their own profit, without disclosing the payments they receive. The potential financial risks for unwary investors are high, with one in three misleading videos on TikTok mentioning Bitcoin. Viewers are advised to do their own research before making any investments.
RSS3 aggregating Farcaster & Lens to MetaMask Snap
RSS3 is developing a MetaMask Snap to aggregate decentralized social information, provide real-time notifications, and enable users to sync and aggregate their graphs.
RBL Bank Partners with Accenture to Build A Digital Bank Infrastructure
RBL Bank announced that it will partner with Accenture, who envisions that it will enhance the bank’s information technology (IT) network and services.
Vitalik Buterin's Vision of Techno-Optimism and AI's Future
Ethereum founder Vitalik Buterin advocates for a balanced approach to technology, considering both its benefits and risks, particularly in the context of AI and existential risks.
Kraken Fights IRS Over Customer Information
Kraken is contesting the United States Internal Revenue Service's demand for critical exchange user information, citing it as an "unjustified treasure hunt." Kraken has requested federal court intervention, pointing out that the IRS has gone "far beyond" its intrusive summons. The fight against IRS is Kraken's response to the agency's February summons, which demanded additional user information to identify Kraken accounts that did at least $20,000 of cryptocurrency trading in any single year between 2016 and 2020.
Global Tech Giants Unite to Shield 2024 Elections from AI Misinformation
Twenty tech companies have signed a "Tech Accord to Combat Deceptive Use of AI in 2024 Elections," aiming to detect and counter misleading AI content, protecting over four billion voters.
Japan PM Says Govt’s Digital Transformation Investments Will Include Metaverse, NFTs
Japan embraces the use ofweb3 related services like metaverse, NFTs, blockchain, as solutions to challenges facing the society.
Cryptocurrency Phishing Attacks Rise by 40% Year-on-Year in 2022
Kaspersky, a Russian cybersecurity and anti-virus provider, has reported a 40% year-on-year increase in cryptocurrency phishing attacks in 2022. The attacks involve reaching out to investors through fake websites and communication channels that mimic official companies, prompting users to share personal information such as private keys. Attackers are evolving their strategies to lure unwary crypto investors. Recently, hardware cryptocurrency wallet provider Trezor warned against attempts to steal users' crypto through fake Trezor sites. In a survey, one out of seven respondents admitted to being affected by cryptocurrency phishing.
Understand JPMorgan's DocLLM: Enhancing AI-Powered Document Analysis
JPMorgan introduces DocLLM, an AI model for multimodal document understanding. This lightweight extension of LLMs excels in analyzing business documents, employing a novel spatial attention mechanism and bounding box information instead of costly image encoders.
Senator Michael Bennet Urges Tech Giants to Curb AI-Generated Misinformation
U.S. Senator Michael Bennet from Colorado has today called on leaders of prominent technology and artificial intelligence (AI) companies, including Meta, Alphabet, Microsoft, Twitter, TikTok, and OpenAI, to implement proactive strategies to combat the proliferation of misleading AI-generated content.
Terminating Fake News with Blockchain
What's real and what's fake in the media world is increasingly difficult to discern. The war against fake news rages on, but there is one new weapon in the arsenal against misinformation: Blockchain
Google Announces Support for the 2024 Indian General Election
Google announces its support for the 2024 Indian General Election, leveraging AI and partnerships to provide voters with reliable information, combat misinformation, and ensure a fair and transparent election process.
U.S. Department of Energy Halts Bitcoin Mining Survey Amid Legal Pushback
The DOE's emergency Bitcoin mining survey is withdrawn following legal challenges from Riot Platforms and the Texas Blockchain Council.
Vietnam Launches a National Enterprise Blockchain Platform as it Eyes a Global Top 50 Slot
The Ministry of Information and Communications in Vietnam is building an enterprise blockchain platform dubbed akaChain in line with its national program.
WEF Report Warns of AI and Quantum Computing Risks
The WEF 2024 report warns of the negative impacts of AI and the risks of quantum computing, including misinformation, labor market disruptions, security concerns, and ethical issues in healthcare and geopolitics. The report calls for increased regulation and public awareness of AI.
GFT and Thought Machine Partner to Drive Digital Transformation in U.S. Banking
GFT and Thought Machine are collaborating to propel U.S. banks into the digital age, departing from legacy systems in favor of cloud-native solutions. Traditional banks are now focusing on introducing innovative financial experiences to gain a competitive edge. The partnership offers three paths to digital transformation, with GFT being a leading implementation partner of Thought Machine's Vault Core. This technology enables the launch of digital-first banks or migration from legacy systems. The partnership has achieved significant milestones, including certifications and completed projects. Traditional banks are poised to leverage their expertise and regulatory frameworks by embracing digitization.
Celsius Network Considers Legal Action Against Crypto Blogger
Celsius Network is considering taking legal action against crypto blogger Tiffany Fong for leaking internal information regarding the company’s bankruptcy case. Fong has been reporting on the bankruptcy case via YouTube and social media platforms, sharing leaked internal information allegedly provided to her by disgruntled former Celsius employees.
NFTs can Help Patients Have Significant Control of Personal Health Data: Global Scholars
A global and multidisciplinary team of scholars have released a publication noting that NFTs have the capability of spreading their wings to the healthcare sector by helping patients safeguard their personal health information.
Blockchain-Based Startups Empower Individuals to Identify Fake News
The fight against misinformation is just starting. Yet startups like Blackbird.AI and Civil are making it easier for Internet readers to identify and discount fake and misleading news. Find out more >
MetaMask Users Email Addresses Exposed in Cybersecurity Incident
MetaMask, the popular Ethereum wallet, experienced a cybersecurity incident that exposed the email addresses of some of its users who submitted a customer support ticket between August 1, 2021 and February 10, 2023. The breach may have affected up to 7,000 users and some of the customer support tickets included a free text field where users may have submitted personally identifying information. The company has taken steps to eliminate unauthorized access in the future and is working with a cybersecurity and forensics team to investigate the incident.
Nomura's Laser Digital Launches Ethereum Adoption Fund for Institutional Investors
Nomura's Laser Digital has launched an Ethereum Adoption Fund, focusing on institutional investors, with a strategy involving staking and regulated custody, aiming to increase institutional engagement in Ethereum investments.
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.
Yann LeCun Reflects on the Impact of DjVu and Open-Access Publications in Machine Learning
Yann LeCun's DjVu format significantly influenced open-access in the machine learning community, facilitating the distribution of high-resolution scanned documents online and promoting collective power in intellectual property negotiations.
UK's ICO to Investigate OpenAI CEO's Worldcoin Project
The Information Commissioner's Office (ICO) announced on July 25, 2023, that it plans to initiate an investigation into Worldcoin, a project overseen by OpenAI CEO Sam Altman. The investigation is set to commence shortly after the announcement. ICO is the data regulator in the United Kingdom.
WisdomTree Appoints Digital Transformation Expert Rilla Delorier to Board
WisdomTree adds Rilla Delorier to its Board, leveraging her 30-year expertise in digital transformation as the firm amplifies its strategic growth initiatives.
SAP Announces 2 Billion Euro Restructuring Plan Affecting 8,000 Jobs
SAP SE announces a major restructuring plan, allocating €2 billion to reorient 8,000 roles towards AI-driven business areas, in response to the rapidly evolving tech industry landscape.
Blockchain Association Seeks Information on De-banking of Crypto Companies
The Blockchain Association has filed Freedom of Information Law requests to the Federal Housing Finance Agency and the New York Department of Financial Services, seeking more information on the de-banking of crypto companies after the closure of Signature Bank and the failure of Silvergate Bank.
Beyond Banking: DBS Bank’s Digital Transformation into Smarter ‘Phygital’ Banking Services
In 2019, despite facing an increasingly challenging and uncertain environment, especially the second half of last year, DBS achieved a record performance and successfully launched DBS’ First Fully Virtual Wealth Management Account Opening Solution.
Former US Secret Service Officer Warns of FTX Customer Targeting Risk
Former US Secret Service officer Jeremy Sheridan has cautioned that the release of personal information of FTX customers could make them potential targets for identity and asset theft. Sheridan supported a motion from FTX debtors to withhold the confidential information of customers associated with the failed crypto exchange.
OpenAI Enables Web Browsing for ChatGPT
OpenAI has enabled web browsing for its ChatGPT model, initially available for Plus and Enterprise users. This feature aims to address the limitations of ChatGPT in providing up-to-date information. OpenAI has yet to clarify if this update will be extended to non-premium users or the GPT 3.5 model
How Do Hackers Use Excel Files to Compromise Your Computers?
We do not recommend users to open excel (especially excel files among other office format files) from an unknown source. Hacker can gain full control of your computer, including the access of all files, screenshots, your web camera and all information typed by your keyboard!
Cyberport’s flagship VC event returns to guide investors and entrepreneurs in the new normal of tech venturing
Cyberport Venture Capital Forum (CVCF), Cyberport’s annual tech investment event, will return on 3-4 November. This year’s event will be held in a virtual and interactive format for the first time, covering how the tech venture ecosystem has been reshaped under the new normal for investors, enterprises and technopreneurs. The two-day virtual forum will gather more than 50 global venture capital (VC) experts to examine key silver linings through a plethora of illuminating keynotes and panel discussions. Furthermore, over 80 virtual booths will be set up for start-ups to showcase innovative tech solutions as part of a comprehensive platform to connect start-ups with investors for power pitching and provide extensive opportunities to explore tech venturing dynamics.
Know Your Bitcoin Address: Differences between Legacy, Nested SegWit and Native SegWit formats
There are currently three types of Bitcoin address formats: Legacy, Nested SegWit and Native SegWit. Do you know the difference between the three formats?
Italian Banking Association Chose Decentralized Blockchain Route
The Italian Banking Association, Associazione Bancaria Italiana (ABI), chose to leverage the blockchain-based system Spunta, as they could not identify an appropriate single actor to run a centralized system.
Central Banks to Cross-Examine Libra’s Founders in Switzerland
The European Central Bank (ECB) officials and 25 global central banks will be meeting with Libra’s founders to assess the project.
Crypto and Blockchain YouTube Channels Blocked: Should Users Move to Dtube?
Many cryptocurrency and blockchain promoters who make use of the famous YouTube platform witnessed their channel being blocked for more than a week during the Christmas holiday period in a move that was seen as a possibility to silence cryptocurrency. Among the Youtuber’s affected are Ivan on Tech, Mr. Kristoff is otherwise known as Crypto Crown and some others.
Ethereum Transactions Hit A Record-High of 1.4 Million
The Ethereum network has reached a notable milestone in its daily transactions after hitting an all-time high of 1,406,016 as availed by Etherscan data on September 17. It broke the previous record of 1.35 million attained on January 4, 2018.
Microsoft, Eidos, and Fable Plan Blockchain Revival of 'Way of the Tiger'
Microsoft is teaming up with major game developers Eidos and Fable to revive the popular 1980s card game, 'Way of the Tiger' using blockchain technology.
Facebook Digital Currency Libra Rebrands Name to Diem Ahead of Its Dollar-Backed Stablecoin Launch
Facebook-backed Libra Association has rebranded its name to the Diem Association ahead of the proposed launch of its dollar-backed stablecoin.
CryptoFin is the largest blockchain, cryptocurrency and alternative banking conference in Northern Europe
The capital city of the Northern star Estonia will host the 2-day international event CryptoFin Conference & Expo on 14-15 of October 2019 at the Creative Hub.