AI Revolutionizing Anti-Money Laundering and Counter-Terrorism Efforts - AI - News

AI Revolutionizing Anti-Money Laundering and Counter-Terrorism Efforts

The Global System for Mobile Telecommunications Association (GSMA) promotes a paradigm change toward using artificial intelligence (ai) to combat money laundering and terrorism financing in an era where financial crimes pose ever-increasing obstacles.Traditional methods, reliant on manual scrutiny and rule-based systems, are proving inadequate against the sophisticated strategies of digital financial crimes.  Recognizing ai not…

Read More
Samsung Unveils BESPOKE AI Home Appliance Lineup: A Game-Changer in Smart Living - AI - News

Samsung Unveils BESPOKE AI Home Appliance Lineup: A Game-Changer in Smart Living

With the global launch of its innovative BESPOKE ai lineup, Samsung has leaped forward in home appliance technology. This cutting-edge range, introduced at CES 2024, encompasses 14 new products to revolutionize household tasks. With an emphasis on connectivity, convenience, and intelligence, Samsung’s latest offerings are poised to redefine the modern home experience. Central to the…

Read More
DRIFE Web3 decentralized ride hailing platform integrates with SUI Blockchain - Industry News - News

DRIFE Web3 decentralized ride hailing platform integrates with SUI Blockchain

DRIFE, a Web3 Mobility infrastructure provider, and the first ride-hailing decentralized application to operate in India and the UAE, has announced its integration with Sui, a Layer 1 smart contract platform and Blockchain. DRIFE with this move, aims to offer a seamless, simplified onboarding process for ride hailing users and ecosystem partners. The migration of…

Read More
Top 3 Solana Meme Coins for Face-Melting Gains: Hump (HUMP), Dogwifhat (WIF), Book of Meme (BOME) - Corporate Press Release - News

Top 3 Solana Meme Coins for Face-Melting Gains: Hump (HUMP), Dogwifhat (WIF), Book of Meme (BOME)

The financial world is still being revolutionized by cryptocurrencies, and one well-known blockchain platform that is well-known for its speed and effectiveness is called Solana. Memes have drawn the interest of investors in the Solana ecosystem who are looking for both novelty and financial possibilities. Dogwifhat (WIF), Book of Meme (BOME), and Hump (HUMP) are…

Read More
Microsoft and OpenAI Collaborate on $100 Billion Supercomputer Project - AI - News

Microsoft and OpenAI Collaborate on $100 Billion Supercomputer Project

Microsoft and OpenAI have joined forces for an ambitious project to revolutionize artificial intelligence (ai) capabilities. This collaboration entails the development of a cutting-edge data center alongside an ai supercomputer dubbed “Stargate,” with an estimated cost reaching a staggering $100 billion. The initiative, set to launch in 2028, represents a significant leap forward in ai…

Read More
BitVM-Based Bitlayer, a Leading Bitcoin L2, Nets $5M in Funding, Unveils $50M ‘Ready Player One’ Program - Corporate Press Release - News

BitVM-Based Bitlayer, a Leading Bitcoin L2, Nets $5M in Funding, Unveils $50M ‘Ready Player One’ Program

Singapore, Singapore, April 3rd, 2024, Chainwire Bitlayer Labs, the first Bitcoin Layer 2 solution based on BitVM, announced a seed round of $5M led by Framework Ventures and ABCDE Capital, participation by StarkWare, OKX Ventures, Alliance DAO, UTXO Management, Asymmetric Capital and many more. The announcement comes as Bitlayer prepares the launch of its open-incentive…

Read More
Prominent Musicians Demand Safeguards Against AI’s Encroachment on Creativity - AI - News

Prominent Musicians Demand Safeguards Against AI’s Encroachment on Creativity

A powerful cry was released against what they saw as an infringement on human creation by over 200 notable people, including Stevie Wonder, Billie Eilish, and the estates of legendary musicians like Frank Sinatra and Bob Marley. The music industry was significantly impacted by this decision. A turning point in the continuing conversation about the…

Read More
Peirce Criticizes SEC’s Crypto Stance: A call for transparency and dialogue - Industry News - News

Peirce Criticizes SEC’s Crypto Stance: A call for transparency and dialogue

In a rather striking and sensational act that has captivated the financial and crypto saga, Hester Peirce, a Commissioner with the crypto-guidance/” target=”_blank” rel=”noopener”>SEC, criticized the agency in relation to crypto regulation. During the event, SEC Speaks, which was organized by the Practicing Law Institute, Peirce was insubordinate in her skepticism towards SAB 121, which…

Read More
BlobStream Solutions By Celestia gets Introduced to Arbitrum Orbital Chain - Industry News - News

BlobStream Solutions By Celestia gets Introduced to Arbitrum Orbital Chain

Celestia is making strides to the Arbitrum ecosystem. Celestia has introduced Blobstream. Now Blostream is set to change customizable chains, known as Orbit chains. These chains can be either Layer 2, settling directly to Ethereum, or Layer 3, settling to Arbitrum’s Layer 2, Arbitrum One. Simplified Data Availability  Now what Blobstream  does is uses Celestia’s technology…

Read More
Bitcoin plunges amid $426 million in liquidations - African News - News

Bitcoin plunges amid $426 million in liquidations

Bitcoin registered a slight price decline to trade below $67,000 on Tuesday morning, erasing gains from the previous week. According to bitcoin” rel=”nofollow noopener” target=”_blank”>data from CoinGecko, the asset is presently trading at $66,139, registering a loss of 4.6% on the day and 6% on the week. Bitcoin registers a significant decline in value The…

Read More
Argentina President Milei’s crypto stance tested as country adopts international AML standards - Regulation News - News

Argentina President Milei’s crypto stance tested as country adopts international AML standards

Argentina, government has introduced mandatory registration requirements for crypto firms. The Comisión Nacional de Valores (CNV), Argentina’s securities regulatory authority, announced that virtual asset service providers must comply with the new regulations designed to enhance the country’s Anti-Money Laundering (AML) and Combating the Financing of Terrorism (CFT) framework.  This move aligns with the recommendations from…

Read More
Taiwanese music star’s memecoin undergoes wild price action - African News - News

Taiwanese music star’s memecoin undergoes wild price action

Solana-based memecoin Bobaoppa has become the subject of discussion in the crypto market after its recent price actions. Launched by Taiwanese music sensation Jeffrey Huang (also known as Machi Big Brother), the memecoin has been making waves since its $49 million presale. The token’s price recently experienced a volatile movement, leaving its holders with mixed…

Read More
U.S. Treasury yields see shocking rise thanks to persisitent inflation - African News - News

U.S. Treasury yields see shocking rise thanks to persisitent inflation

The finance industry just got a bit more interesting, and if you’re anything like me—someone who just loves knowing what is up the us-be-affected-when-brics-ditch-dollar/” data-type=”post” data-id=”504791″ target=”_blank” rel=”noopener”>U.S. economy at all times—you’re going to want to pay attention. Treasury yields have decided to take a little hike, reaching levels we haven’t seen in the past…

Read More
Russian nationals transacted $51 billion on exchanges in 2023 - African News - News

Russian nationals transacted $51 billion on exchanges in 2023

The Bank of Russia has released its latest report showing the activities of Russian nationals in the crypto market in 2023. According to the business/953185″ rel=”nofollow noopener” target=”_blank”>report, the bank noted that transactions in excess of $51 billion (4.7 trillion rubles) were carried out on the exchanges. The report also found that most of the…

Read More