TrueUSD Depegging Linked to Binance Launchpool Activities

On January 18, 2024 TrueUSD (TUSD) blames Binance Launchpool mining activities for remove freckles On x. says Regular attestations continue as part of our standard operations and any claims to the contrary are incorrect. We have observed recent community mining activities related to the Binance Launchpool that have resulted in short-term arbitrage opportunities. … Read more

Quantinuum Secures $300 Million in Landmark Quantum Computing Funding Round

Quantinuum, a prominent player in the quantum computing industry, recently announced the successful closing of a $300 million capital raising round, significantly strengthening its financial position and market valuation. That major investment round, which valued the company at $5 billion up front, was led by a consortium of influential backers including JPMorgan Chase, Mitsui & … Read more

Canada Tightens Crypto Asset Regulations for Public Investment Funds

The Canadian Securities Administrators (CSA) has suggested changes in guidelines that will affect how public investment funds in Canada handle crypto assets. The move, which is in line with global trends toward tighter cryptocurrency regulations, reflects the CSA’s growing attention to the unique risks and characteristics of crypto assets. The CSA, a council of securities … Read more

Exciting AI Efficiency: Blending Smaller Models Surpasses Large Counterparts

In recent years, the field of conversational AI has been greatly influenced by models such as ChatGPT, characterized by their expansive parameter sizes. However, this approach comes with significant demands on computing resources and memory. A study introduces a new concept: blending multiple smaller AI models to match or surpass the performance of larger models. … Read more

Baidu’s Stock Tumbles Amid Military Testing Rumors of AI Chatbot Ernie

Baidu, a prominent Chinese technology firm, suffered a significant drop in its stock value after that reports of its AI chatbot, Ernie Bot, has been tested by a lab affiliated with the Chinese military. This situation has raised concerns among investors about the potential geopolitical implications and the complexities Chinese AI companies face in balancing … Read more

Ripple CEO Garlinghouse Foresees Ether ETF Approval, Critiques SEC’s Approach

Brad GarlinghouseCEO of Ripple, recently expressed his expectations regarding the future of cryptocurrency exchange-traded funds (ETFs), focusing specifically on ether (ETH) and the regulatory approach of the US Securities and Exchange Commission (SEC). Speaking of World Economic Forum at Davos, Garlinghouse emphasized the inevitability of other cryptocurrencies, such as ether, following bitcoin’s path to ETF … Read more

Sam Altman Advocates for Energy Breakthroughs in AI at Davos Forum

At the recent World Economic Forum held in Davos, Switzerland, considerable emphasis was placed on the future of artificial intelligence (AI), particularly in relation to energy consumption. OpenAI CEO Sam Altman emphasized the urgent need for an energy breakthrough to support the development and operation of advanced AI models such as ChatGPT and Claude from … Read more

ProShares to Expand Cryptocurrency Offerings with Five Innovative Bitcoin ETFs

ProShares, a leading provider of exchange-traded funds (ETFs) in the United States, has announced plans to launch a suite of five new Bitcoin ETFs. These ETFs, which include Plus Bitcoin ETF, Ultra Bitcoin ETF, UltraShort Bitcoin ETF, Short Bitcoin ETF and ShortPlus Bitcoin ETF, are designed to provide investors with leverage and inverse exposure to … Read more

Legal Battle Intensifies as Bankman-Fried’s Parents Counter FTX’s Allegations

In a legal battle that could set a precedent in the cryptocurrency world, Joseph Bankman and Barbara Fried, the parents of FTX founder Sam Bankman-Fried, he asked a US bankruptcy judge to dismiss the lawsuit filed against them by the failed crypto exchange FTX. The lawsuit, filed in September 2023, accuses Bankman and Fried of … Read more

Australia Evaluates Mandatory AI Rules in High-Risk Areas

The Australian government is actively considering introducing mandatory regulations for high-risk AI development. The move follows growing public concern about the safety and ethical implications of rapidly advancing AI technologies and demands by publishers for fair compensation for premium content used in AI training. The government’s approach is formed on five principles: using a risk-based … Read more