The G20's Financial Stability Board (FSB) have raised issues about the implications of artificial intelligence (AI) on the stability of the global financial sector. In its recent report, the Board highlighted AI's transformative potential and identified significant risks that could undermine financial system stability. It noted that though AI could ...
Tether has introduced a new Wallet Development Kit (WDK) that allows developers and businesses to easily integrate non-custodial Bitcoin and USDT wallets into their applications and websites. As announced, the WDK is tailored not only for people but also for digital entities, including AI agents, robots, and autonomous systems. Tether ...
Northern Data, a Germany-based company specializing in crypto mining and artificial intelligence, announced plans to consider selling its Peak Mining unit to strengthen its position as a dedicated AI solutions provider, with backing from stablecoin issuer Tether. In a press release published today, October 21, the company explained that this ...
Samsung is set to strengthen security in its AI-powered home appliances by incorporating more blockchain technology into its systems. In a blog post published on Monday, October 21, the tech giant announced its plan to extend the Knox Matrix framework—originally developed for mobile devices and TVs—to a broader range of ...
The Hong Kong government is preparing to issue its first policy statement on the use of artificial intelligence (AI) in the financial sector. The region's Financial Services and Treasury Bureau (FSTB) is currently drafting a framework focused on the ethical application of AI within financial markets, according to a new ...
Tether, the leading stablecoin issuer by market capitalization, is setting its sights on the artificial intelligence (AI) sector to challenge tech giants like Microsoft and Amazon, according to CEO Paolo Ardoino. In a recent WIRED interview, Ardoino outlined Tether's evolving strategy, which now includes significant investments in decentralized technologies and ...
JPMorgan Chase has unveiled an advanced generative AI tool, similar to ChatGPT, designed to perform tasks typically handled by research analysts. The new tool, named LLM Suite, which available to employees in the bank’s asset and wealth management division, is expected to assist users with writing, idea generation, and document ...
The European Union Agency for Law Enforcement Cooperation (Europol)’s latest report, has flagged significant concerns within the cryptocurrency ecosystem, particularly regarding non-fungible tokens (NFTs) and Bitcoin exchange-traded funds (ETFs). According to the “Internet Organised Crime Threat Assessment (IOCTA) 2024” report, while large-scale fraud involving NFTs has not yet materialised, the ...
Anthropic, an artificial intelligence startup renowned for its AI chatbot Claude, has joined forces with Menlo Ventures, a venture capital firm, to establish a $100 million fund supporting emerging AI companies. Announced on July 18, the Anthology Fund aims to drive innovation in generative AI technology across various sectors.The fund ...
A new legislative effort led by U.S. Senators Maria Cantwell (D-WA), Marsha Blackburn (R-TN), and Martin Heinrich (D-NM) seeks to tackle the misuse of artificial intelligence (AI) deepfakes by mandating the watermarking of such content. The proposed bill, named the Content Origin Protection and Integrity from Edited and Deepfaked Media ...
