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 Comptroller of the Currency (OCC).
Vast Bank Closes Cryptocurrency App, Exits Digital Asset Market Amid Regulatory…
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…
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, thwarting its remnants.
Beijing to Thwart Cryptocurrency Mining Activities in Energy Conservation Plan
The city of Beijing has…
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…
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 and low latency.
That’s where Apple’s latest AI research comes in. The iPhone maker has just published a major…
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…
Boeing pushes back T-7 plans due to faulty parts
February 6, 2024
Boeing said Friday that quality problems with parts slated for the T-7A Red Hawk training jet mean it will delay by several months delivering the next test aircraft to the Air Force.
Boeing is also now planning to start low-rate initial production on the T-7 in mid-2024, several months later than the company’s original plan. Boeing vice president and T-7 program manager Evelyn Moore told Defense…