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 ...
The U.S. government will now force agencies to increase reporting on AI usage as part of its extensive policy to curtail the risks introduced by technology. Vice President Kamala Harris, in a press briefing from the White House on Thursday, March 28, reiterated the government's commitment to responsible AI integration. ...
Shaktikanta Das, the Governor of the Reserve Bank of India (RBI), has put forth an innovative proposal to enhance India's payment ecosystem. The plan involves integrating an AI-powered conversational payment system into the country's unified payments interface (UPI). During a Monetary Policy Committee meeting on August 10, 2023, Governor Das ...
OKX Ventures, the investment division of the cryptocurrency exchange, has invested $1 million in a Hong Kong-based AI startup, Moonbox. Moonbox deals with artificial intelligence (AI) technology with a Web3 focus and intends to utilize this funding to accelerate product expansion and further develop its core technology. The company aims ...
Meta, the parent company of Facebook and Instagram, is making a strategic move to assert its dominance in the AI sector by introducing AI-powered chatbots with human-like personalities, according to a report by the Financial Times on August 1, 2023. The Financial Times, citing sources familiar with the matter, claimed ...
