CryptoNews

Report: Cyprus Mulls Imposing Hefty Fines on Unregistered Crypto Service Providers – Regulation Bitcoin News

October 12, 2023
Crypto firms that operate in Cyprus without registration may soon be fined as much as $350,000 while individuals behind such firms could face up to five years in jail. The Finance Ministry says its proposals, which are included in a draft recently submitted to parliament, seek to align the country’s laws with the standards set by the Financial Action Task Force. Draft Sent to Parliamentary…
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AI & RoboticsNews

The open-source alternatives to GPT-4 Vision are coming

October 12, 2023
The landscape of generative artificial intelligence is evolving rapidly with the advent of large multimodal models (LMM). These models are transforming the way we interact with AI systems, allowing us to use both images and text as input. OpenAI’s GPT-4 Vision is a leading…
AI & RoboticsNews

Energy Dept. funded JetCool nets $17M to disrupt chip cooling as AI workloads surge

October 12, 2023
MIT spinoff JetCool Technologies, a Department of Energy-backed startup working on a direct-to-chip liquid cooling technology for enterprise data centers, today announced $17 million in a series A round of funding, led by Bosch Ventures. The investment, which also saw participation from In-Q-Tel, Raptor Ventures and Schooner Capital, takes the company’s total capital raised to nearly $27…
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CryptoNews

Computable Functions Verified on Bitcoin — How BitVM Seeks to Elevate BTC's Smart Contract Game – Technology Bitcoin News

October 12, 2023
A new computing model, BitVM, aims to enhance Bitcoin’s smart contract capabilities without requiring changes to the blockchain’s consensus rules. The white paper, published on October 9, 2023, has drawn significant attention and its fair share of criticism. Can BitVM Set a New Precedent for Bitcoin’s Smart Contracts? BitVM was proposed in a recent white paper by blockchain programmer Robin…
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AI & RoboticsNews

Box launches AI-focused Hubs for curated search

October 12, 2023
How do employees find the information they need to do their job? And how can companies present the right information that employees need to find? According to Box CEO and co-founder Aaron Levie, this longstanding conundrum has only gotten more challenging in recent years…
CryptoNews

Bitcoin, Ethereum Technical Analysis: BTC Hits 10-Day Low, Caroline Ellison Confirms Fraud on Behalf of SBF – Bitcoin News

October 12, 2023
Bitcoin slipped to a ten-day low in today’s session, as the trial of Sam Bankman-Fried (SBF) continues. Caroline Ellison, the former CEO of Alameda Research, alleged that she committed fraud at the behest of SBF. Markets also declined ahead of the upcoming U.S. Producer Price Index, which is a key gauge of inflation. Bitcoin Bitcoin (BTC) moved lower for a fourth straight day, with many traders…
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