Israel has taken a significant step in the cryptocurrency domain by green-lighting a pilot for BILS, the first stablecoin pegged to the New Israeli Shekel.
Bits of Gold and Israeli Authority Launch BILS Stablecoin in Regulatory Sandbox
The initiative, spearheaded by the crypto broker Bits of Gold in collaboration with the Israeli Capital Market, Insurance and Savings Authority, represents the…
New AI Crypto Presale Raises $9m: 5 Days Left to Buy Scotty the AI Before Exchange Listings
March 14, 2024
A new meme coin, Scotty the AI (SCOTTY), is turning heads and raking in substantial investment dollars during its limited-time presale.
With $9 million raised already, crypto traders have been scrambling to buy SCOTTY tokens before the presale window ends in five…
Peter Schiff Downplays Importance of Bitcoin Halving — Discusses 'What Matters Most' for BTC Price
March 14, 2024
Economist and gold advocate Peter Schiff has downplayed the significance of the upcoming bitcoin halving, emphasizing a different factor that will drive the price of the cryptocurrency. He believes what matters the most is “how much of the current supply holders want to…
The legendary online game MapleStory is coming to the Avalanche blockchain in the form of a Web3-enhanced extension of the franchise.
MapleStory, a core intellectual property of Nexon Group, is a massively multiplayer online role-playing game (MMORPG) that has been played for over 20 years. It remains a cult favorite today.
Now it’s being regenerated on Avalanche.
MapleStory has broken…
Presented by Microsoft
VentureBeat’s AI Impact Tour just wound up its stop in New York City, welcoming enterprise AI leaders in an intimate, invitation-only cocktail salon hosted by Microsoft at the company’s Flatiron office. The topic: How organizations can balance the…
Pika adds generative AI sound effects to its video maker
March 13, 2024
OpenAI continues to share clips of Sora, its impressively smooth and photorealistic generative AI video model, but it remains an internal model only for now. Meanwhile, rivals in the fast-moving video AI space including Pika aren’t letting the moment go to waste.
This…
In a stunning turn of events, Sam Altman, the high-profile CEO of OpenAI, will be rejoining the company’s board of directors just months after being ousted amid concerns about his leadership.
The move comes as an independent investigation commissioned by OpenAI’s board found no evidence of misconduct that would warrant Altman’s removal.
The investigation, conducted by law firm WilmerHale…
The U.S. Navy’s fiscal 2025 budget request includes money for one Virginia-class attack submarine instead of the planned two, but still represents “a prioritization and very significant investment in undersea warfare capabilities,” the service’s undersecretary said…
The U.S. Navy will postpone most of its planned development and purchases of large unmanned systems and next-generation ships and planes in fiscal 2025, citing spending caps.
The Navy in its FY25 budget request seeks six ships instead of the previously planned seven in the…
US Army faces flat FY25 budget as personnel costs rise
March 13, 2024
The U.S. Army’s $185.9 billion fiscal year 2025 budget request increased by just $400 million over the previous year’s request, which would leave the armed service to work within the confines of a almost flat budget while having to address rising military personnel costs, recruiting struggles and wars in Ukraine and Gaza.
The service is asking for $175.4 billion in its base budget and another…
