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Elrond Gets the Greenlight from Romania Central Bank In-Principle for Acquiring Payments Firm Twispay

Elrond Gets the Greenlight from Romania Central Bank In-Principle for Acquiring Payments Firm Twispay

The acquisition is set to enable Elrond to operate e-money services across several countries in the European Union.

Building a Free Whisper API with GPU Backend: A Comprehensive Guide

Building a Free Whisper API with GPU Backend: A Comprehensive Guide

Discover how developers can create a free Whisper API using GPU resources, enhancing Speech-to-Text capabilities without the need for expensive hardware.

Universal-2 Outperforms Whisper in Speech-to-Text Model Comparison

Universal-2 Outperforms Whisper in Speech-to-Text Model Comparison

A detailed comparison of Universal-2 and OpenAI's Whisper models reveals Universal-2's superior performance in accuracy, proper noun detection, and reduced hallucination rates.

NVIDIA Expands Riva ASR Capabilities with Whisper and Canary Models

NVIDIA Expands Riva ASR Capabilities with Whisper and Canary Models

NVIDIA enhances its Riva ASR with new multilingual capabilities using Whisper and Canary models, integrating advanced features for offline and automatic speech translation.

ISPs Must Ban Crypto Websites Or Risk Legal Action In Nepal

ISPs Must Ban Crypto Websites Or Risk Legal Action In Nepal

Nepal's telecoms authority ordered ISPs to prohibit all bitcoin trading websites. The Nepal Telecommunication Authority (NTA) ordered ISPs and email providers to block crypto-related websites, applications, and networks on Jan. 8. Promoting crypto is also illegal.

Former Bithumb Chairman Lee Jeong-hoon Faces 8-Year Prison Sentence in Appeal

Former Bithumb Chairman Lee Jeong-hoon Faces 8-Year Prison Sentence in Appeal

Former Bithumb Chairman Lee Jeong-hoon faces fraud charges over botched deal with BK Group Chairman Kim Byung-gun, awaiting an 8-year sentence, impacting governance and crypto industry regulatory landscape.

News Industry Grapples with Financial Woes and AI Disruption

News Industry Grapples with Financial Woes and AI Disruption

The news industry faces declining advertising revenue, declining subscriber growth, and AI-driven disruptions, necessitating strategic shifts and legal disputes to adapt to digital advertising trends.

MIT Study Challenges AI Job Displacement Fears

MIT Study Challenges AI Job Displacement Fears

MIT's study reveals that human labor remains more cost-effective than AI in most job roles, especially in tasks requiring visual processing, challenging rapid AI-driven job displacement fears.

US Supreme Court Steps In On Coinbase Customer Contract Dispute

US Supreme Court Steps In On Coinbase Customer Contract Dispute

The US Supreme Court is set to decide on a contract dispute between Coinbase and its customers, potentially impacting user agreement drafting and enforcement in the digital currency trading sector.

SEC's Upcoming Decision on Bitcoin ETFs and the Implications

SEC's Upcoming Decision on Bitcoin ETFs and the Implications

The SEC's anticipated decision on Bitcoin ETFs, expected by January 2024, could significantly boost U.S. crypto adoption, balancing financial institutions' interests and legal challenges.

FTX Announces Proposed Settlement and Amended Plan in Chapter 11 Cases

FTX Announces Proposed Settlement and Amended Plan in Chapter 11 Cases

FTX has announced a proposed settlement in their Chapter 11 cases, pending court approval. The settlement includes a "Shortfall Claim" for customers and an amended Plan of Reorganization. The Official Committee of Unsecured Creditors supports the plan, expecting expedited cases and improved recoveries. Customers may receive over 90% of distributable value globally.

Google Sues Unknown Entities for Malware Scheme Disguised as AI Chatbot Bard

Google Sues Unknown Entities for Malware Scheme Disguised as AI Chatbot Bard

Google is suing individuals for a malware distribution scam involving false AI chatbot ads, aiming to protect users and intellectual property amid growing digital security challenges.

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