A Nigerian anti-corruption agency froze bank accounts (over $330,000) belonging to suspected cryptocurrency users on global platforms like Kucoin and Bybit. The agency believes these users manipulated the Nigerian currency (naira) through their trading activity. The exchanges are also accused of failing to adhere to anti-money laundering and terrorist financing regulations.
Bank Account Holders…
India, Nigeria, Indonesia Lead Chainalysis 2024 Crypto Adoption Index
September 12, 2024
India, Nigeria, and Indonesia top Chainalysis’ latest global crypto adoption index, which ranks 151 countries based on grassroots cryptocurrency usage, adjusted for population and purchasing power. The report notes strong growth in crypto activity, particularly in…
Lucid's (LCID) latest software update is a big one with new 3D lane visualization and more
September 11, 2024
Lucid’s (LCID) latest software update rolled out today, unlocking a host of new features, such as 3D lane visualization and turn-by-turn navigation with Apple CarPlay. Here’s what else is new in Lucid UX 2.4.
Check out what’s new in Lucid’s (UX 2.4) software…
ARKHAUS founders venture into electric water taxis with new Miami-based service, 'E-Lixr'
September 11, 2024
The innovative founders of ARKHAUS, a solar-electric floating social club, are venturing into a new segment in marine sustainability around Miami. Today, the team shared plans for a new electric water taxi service, codenamed “E-Lixr,” to help alleviate urban congestion.
Miami is a poppin’ place. It’s flashy, it’s sexy, and it’s often times super hot, attracting locals and tourists…
How Ted Cruz is preventing safer e-bike batteries in the US
September 11, 2024
It’s a widely held opinion that improving safety in lithium-ion batteries used for electric bikes and e-scooters is generally considered to be a good thing. And yet you may be surprised at why Texas senator Ted Cruz is obstructing a bipartisan bill to improve battery…
Anthropic, the artificial intelligence startup backed by tech giants like Amazon and Google, is upping the ante in the fiercely competitive enterprise AI market. The company has unveiled Workspaces, a new feature in its API Console that promises to give businesses…
Agentic AI: A deep dive into the future of automation
September 11, 2024
Beyond generative AI
The most transformative promise of AI has always been its potential for autonomy, to create systems that can act intelligently on their own without human supervision. However, this kind of “Agentic AI” has remained out of reach for most enterprise use cases, until now.
Across industries, two related trends will change our perception of what is possible over the next year…
Edge computer chip and software startup SiMa.ai, fresh off a $70 million funding round from industry heavyweights including Dell Technologies Capital, is expanding its foothold in the edge AI market with the release of a new, smaller, lower power chip: MLSoC Modalix.
At 6…
FCA Files First Charges Against Unregistered Crypto ATM Operator in UK
September 11, 2024
The UK’s Financial Conduct Authority (FCA) has charged Olumide Osunkoya for operating unregistered crypto ATMs in the country. This case is significant as it represents the first prosecution under UK law for such activities. Osunkoya is accused of running a network of…
Standard Chartered Launches Bitcoin and Ethereum Custody in UAE
September 11, 2024
Standard Chartered has launched a digital asset custody service in the United Arab Emirates (UAE), licensed by the Dubai Financial Services Authority. The service aims to provide secure storage for digital assets, initially focusing on bitcoin and ethereum. Brevan Howard Digital is the first client, and the bank plans further expansion into additional digital assets. The launch highlights the…
