The U.S. and U.K. Financial Regulatory Working Group has emphasized the importance of effective regulation and oversight of crypto assets and markets. They also reiterated their support for the international work on crypto assets.
US-UK Financial Regulatory Working Group Discusses Crypto Regulation
The U.S.-U.K. Financial Regulatory Working Group (FRWG) convened in London for its ninth official…
Vast Bank, the U.S. financial institution that once offered customers the unique ability to manage cryptocurrencies alongside traditional banking, is exiting the digital asset space and shutting down its crypto mobile app in response to a consent order from the Office of the…
Monero's Market Plummets 32% as Binance Announces Delisting, Sparking XMR’s Turbulence
February 7, 2024
The leading privacy-focused cryptocurrency by market valuation, monero, experienced a sharp 32% decline within the last day after news broke that Binance intends to remove the coin from its platform. Citing non-compliance with its listing criteria, Binance announced that…
The crypto community has shown remarkable support for Solana Mobile’s upcoming “Chapter 2” smartphone, amassing over 60,000 preorders after its announcement, as the company gears up for a launch in 2025.
Solana Mobile’s ‘Chapter 2’ Phone Hits 60K Preorders Ahead of 2025 Launch
Solana Mobile’s upcoming “Chapter 2” crypto phone has already garnered 60,000 preorders, signaling a…
Beijing is prepared to apply a new policy to strengthen the actions to foster energy conservation in several aspects of the city’s operations, promoting carbon and pollution reduction. The plan proposes to increase the oversight level on Bitcoin mining activities…
Roblox is breaking language barriers today as it launches AI-powered real-time chat translation.
Billing the move as a major leap in fostering global communication and inclusivity, Roblox said it is launching the chat translation feature in 16 languages, enabling users to…
Xbox boss says details on brand’s future are coming next week
February 6, 2024
Reports and rumors started going wild this weekend that more Xbox games will head toward other platforms, including PlayStation. Now Xbox boss Phil Spencer has said that a business update event is coming next week “where we look forward to sharing more details with you about our vision for the future of Xbox.”
We’re listening and we hear you. We’ve been planning a business…
Language models are powerful tools that can generate natural language for a variety of tasks, such as summarizing, translating, answering questions and writing essays. But they are also expensive to train and run, especially for specialized domains that require high accuracy…
Open AI‘s ChatGPT is one of the most powerful tools to come along in a lifetime, set to revolutionize the way many of us work.
But its use in the enterprise is still a quandary: Businesses know that generative AI is a competitive force, yet the consequences of leaking…
Thales inks $2B deal to improve British Royal Navy’s maintenance
February 6, 2024
LONDON — Thales has signed a 15-year deal with the U.K. to use artificial intelligence and virtual reality to improve maintenance of the Royal Navy’s fleet, the Defence Ministry announced.
The £1.8 billion (U.S. $2.3 billion) contract with the French-based company’s U.K. arm got underway Jan. 1 but was only revealed Feb. 2 during a visit by British Defence Secretary Grant Shapps to the…
