CryptoNews

Tether Criticizes UN Report for Ignoring USDT’s Role in Helping Developing Economies

Tether, the issuer of the stablecoin USDT, has blasted the findings of a United Nations Office on Drugs and Crime study which ignore the stablecoin’s “role in helping developing economies in emerging markets.” According to Tether, the stablecoin’s use of public blockchains means every transaction is trackable, making it “an impractical choice for illicit activities.” Developing…
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CryptoNews

Circle Report Shows USDC Navigating Challenging Waters in 2023

Despite a challenging 2023 with a substantial decline in circulating supply, a Circle report claims USDC emerges resilient, experiencing a surge in real-world applications and a decrease in speculative trading. A Resilient Year for USDC Amidst Market Shifts Circle, the…
CryptoNews

Bitcoin Technical Analysis: BTC Balances Above $42,000 Amidst Downtrend Signals

Bitcoin has been holding steady above the $42K zone and over the past hour, the leading crypto asset has changed hands for $42,425 to $42,597 on Wednesday morning around 9:30 a.m. Eastern Time. The digital currency’s market valuation on Jan. 17, 2024, is around $835 billion with $25.65 billion in global trades over the past day. Bitcoin Bitcoin’s 1-hour chart presents a scene of consolidation…
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AI & RoboticsNews

OpenAI will release AI citation and image safeguards ahead of 2024 global elections

Last week, OpenAI unveiled its GPT Store for third-party creators of custom chatbots (GPTs) to list and ultimately monetize their creations. But the company isn’t done making news in the first month of 2024. Late in the day on Monday, OpenAI published a blog post detailing how it plans to implement new safeguards around its AI tools — especially its image generation model DALL-E and citations…
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DefenseNews

US Navy’s four unmanned ships return from Pacific deployment

WASHINGTON — The U.S. Navy completed its first deployment of four unmanned ships, which spent five months in the Pacific testing concepts for how to integrate their capabilities into crewed fleet operations. The unmanned surface vessels — Sea Hunter, Sea Hawk, Mariner…
DefenseNews

US Navy looks for cost-saving ideas in Running Fix efficiency effort

WASHINGTON — The Department of the Navy is accepting proposals for ways units and offices across the Navy and Marine Corps can spend money more wisely. Russell Rumbaugh, the U.S. Navy comptroller, said this Running Fix initiative, directed by the service’s secretary, asks everyone to think about processes that could be more efficient, resources that are no longer needed, and other ways to…
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