The Nigerian Finance Minister, Wale Edun, has urged the newly inaugurated board of the country’s Securities and Exchange Commission (SEC) to address the complexities of regulating cryptocurrencies. He emphasized the need for stringent oversight to maintain market integrity in the capital market. Edun also highlighted the importance of staying informed and adaptable, especially in fast-evolving…
Italy’s central bank will soon release guidelines on implementing the European Union’s Markets in Crypto Assets Regulation (MiCA) Regulation to ensure the payment system’s regular functioning, Bank of Italy Governor Fabio Panetta revealed on Tuesday. In his speech to…
AI agent benchmarks are misleading, study warns
July 8, 2024
AI agents are becoming a promising new research direction with potential applications in the real world. These agents use foundation models such as large language models (LLMs) and vision language models (VLMs) to take natural language instructions and pursue complex goals…
AI underwent a paradigm shift in November 2022, pivoting from a technology advancing in the background to a frontstage disruptor. Fast forward to now and we’ve already reached the next phase of generative AI, with consumers embracing the technology and organizations beginning to invest at-scale.
Gen AI stands to fundamentally shift how businesses function and thrive. Put simply, it will rework…
As generative AI, and in particular large language models (LLMs), are being used in more applications, ethical issues like bias and fairness are becoming more and more important. These models, trained on massive datasets, often reproduce societal biases present in the…
The Port of Los Angeles is getting closer to reaching its goal of zero emission operations, deploying five electric top handlers each capable of grabbing 100,000 lb. shipping containers and stacking them up to six high.
Visibly similar to forklifts, top handlers grab…
A German offshore wind farm in the North Sea will use Chinese-made turbines for the first time (and they’re mighty).
Hamburg-based clean energy asset manager Luxcara signed a preferred turbine supplier agreement with China’s Mingyang Smart Energy for the offshore wind farm Waterkant.
The reservation agreement is for 16 of the world’s most powerful offshore wind turbines with up to 18.5…
The British Columbia Securities Commission (BCSC) said its investigation into Liquitrade’s crypto asset trading platform found that the company operated an illegal exchange. The probe also determined that users were trading contractual rights, not crypto assets, as the…
Several longtime holders of Bitcoin have reactivated dormant wallets, moving substantial amounts of BTC after years of inactivity. Bitcoin’s price dipped to $56,952 amid speculation related to the Mt Gox distribution and the German government’s transfer of 3,000 BTC.
Two days ago, a dormant bitcoin wallet moved over 1,000 bitcoins on July 5, and since then, two more notable awakenings have occurred in the past 48 hours. On Saturday, an address created in December 2013 spent approximately 149.99 BTC for the first time in over a decade. On Sunday, another historic wallet from April 1, 2016, transferred 895.11 BTC, valued at $51.3 million.
While Bitcoin’s Price…
