Tether CEO Paolo Ardoino has emphasized the importance of localizing artificial intelligence (AI) models to safeguard privacy and ensure resilience. In a recent post on X, Ardoino argued that AI models that run locally on devices like smartphones and laptops could protect user data by preserving enhancements locally, thus maintaining ...
Nintendo has decided to avoid utilizing generative artificial intelligence (AI) tools in its game development processes due to concerns surrounding intellectual property (IP) breaches. During a recent shareholders' general meeting, Nintendo's president, Shuntaro Furukawa, expressed his reservations about adopting generative AI for game development. According to Furukawa, generative AI ...
The Nigerian government has unveiled plans to establish research centres dedicated to artificial intelligence (AI), the Internet of Things (IoT), and blockchain technology technologies. The National Information Technology Development Agency (NITDA)’s Director-General, Kashifu Inuwa, represented by NITDA's Director of Corporate Planning and Strategy, Aristotle Onumo, announced this initiative during the ...
Charles Hoskinson, the co-founder of the Cardano blockchain ecosystem, has voiced significant concerns about the implications of artificial intelligence (AI) censorship. In a recent post on social media, Hoskinson described these implications as "profound," highlighting ongoing worries about the diminishing utility of AI systems due to what he termed as ...
Biconomy has introduced a new tool that represents a major advancement in combining artificial intelligence (AI)with cryptocurrency management. The tool, called the Delegated Authorisation Network (DAN), is designed to let AI help manage users manage crypto transactions securely. According to the Biconomy team, "DAN is an off-chain authorization network designed ...
According to a new report from blockchain analytics firm Elliptic, the rate at which advanced technologies such as AI and cryptocurrencies are being exploited for deep fake scams, state-sponsored attacks, and other illegal activities is rapidly increasing. The report highlighted the increasing use of various deepfake tactics powered by AI ...
Binance has announced the launch and public trading of IO, a new token from its Launchpool. IO powers the IO.NET ecosystem, a decentralized AI and cloud computing platform, marking the 55th project in Binance's incubator program. According to the announcement, trading for the new coin will be exclusive to Binance ...
Core Scientific, a leading Bitcoin mining firm in the U.S., is doubling down on providing its services to artificial intelligence (AI) companies as it tries to expand its operations and navigate the market challenges posed by the recent Bitcoin halving. On June 4, the company announced a $3.5 billion partnership ...
In a recent report, the Bank for International Settlements (BIS) revealed a significant trend among central banks toward adopting generative artificial intelligence (AI) to bolster cybersecurity measures. According to the report: "Cyber attacks are increasing in frequency and complexity, with the financial sector being a prime target. Central banks, responsible ...
Information is power; in the financial market, it is the key to profitability. The downshift from the ecstasy of profiting from a bull market, only to lose it all in a bear market, can be nightmarish. Traders often have to endure the trauma from lessons learned to overcome their losses ...
