Industry News
Another OpenAI Exec, Jan Leike Quits
Another OpenAI Executive, Jan Leike, Announces Departure: An In-Depth Look into His Contributions and Future Plans Recently, another key executive at OpenAI, the renowned artificial intelligence research laboratory, Jan Leike, announced his departure from the organization. Leike served as a Research Scientist and Research Director at OpenAI since 2016, focusing on deep learning research and…
Dubai FinTech Summit concludes with over 8,000 visitors from 118 countries
Dubai FinTech Summit 2023: A Global Gathering of 8,000 Visitors from 118 Countries The Dubai FinTech Summit 2023, an annual event hosted by the Dubai International Financial Centre (DIFC), is a leading platform for the global FinTech community to connect, collaborate, and create business opportunities. With the participation of 8,000 visitors from 118 countries, this…
Nvidia Charts New Course: Tackling Compact PC Builds Without Complexity
Nvidia: Charting New Course: Tackling Compact PC Builds Without Complexity With the ever-evolving landscape of technology, there’s a growing demand for powerful yet compact computing systems. Nvidia , the leading innovator in graphics processing units (GPUs), has recognized this trend and is taking bold steps to address it. In a recent announcement, Nvidia unveiled its…
Circle launches its USDC on Ethereum zkSync
Exploring the World of Assistive Technologies: A Comprehensive Guide Assistive technologies are devices, software applications, and other tools that help individuals with disabilities to perform tasks more easily and effectively. These technologies have come a long way in recent years, providing unprecedented opportunities for people to overcome challenges and lead more independent lives. In this…
Air India Technicians Serve Strike Notice Amidst Pay and Promotion Grievances
Air India Technicians Serve Strike Notice Amidst Pay and Promotion Grievances: An In-Depth Outline Air India’s technical workforce, comprising approximately 3,000 employees, has given the management a 14-day strike notice. This drastic action comes after months of ongoing negotiations over unresolved grievances The main issues at the heart of the dispute are wages and promotion…
South Korea Invests $7 Billion in AI for Semiconductor Sector Leadership
South Korea Invests $$7 Billion in AI for Semiconductor Sector Leadership Background: The Importance of AI in Semiconductor Industry Artificial Intelligence (AI) has revolutionized various sectors, and the semiconductor industry is no exception. Machine learning, a subset of AI, plays a crucial role in designing, manufacturing, and testing semiconductors by enhancing efficiency, accuracy, and productivity….
Revolutionizing South Africa’s Manufacturing with ML and Robotics
Revolutionizing South Africa’s Manufacturing with Machine Learning (ML) and Robotics South Africa‘s manufacturing sector has long been a vital contributor to the country’s economy. However, in recent years, it has faced numerous challenges, including global competition, labor unrest, and an ageing infrastructure. To overcome these hurdles, South African industries are increasingly adopting advanced technologies like…
Detained Binance official in Nigeria denies money laundering accusations: Report
A senior official at Binance, Tigran Gambaryan, was reported to have pled not guilty to allegations of money laundering in a recent court appearance, said a court-remands-binance-agent-gambaryan-in-prison-approves-efccs-trial-of-cryptocurrency-platform-others/” target=”_blank” rel=”noreferrer noopener nofollow”>local media report Legal challenges for Binance executives in Nigeria Gambaryan was detained in Nigeria since February together with his colleague Nadeem Anjarwalla, following the…
ParaSwap DAO allocates funds to compensate hack victims
The ParaSwap DAO community has agreed to use the funds in its treasury to compensate hack victims. The proposal was submitted by the ParaSwap decentralized autonomous organization (DAO) on April 4, bringing the idea of using the funds to refund the AugustusV6 contract victims. ParaSwap DAO agrees to compensate victims The community came to a…
Massive Shiba Inu transfer and burn rate surge stir market speculation
Whale of the SHIBA removed 692 billion shib from the Crypto.com exchange and sent it to an unknown wallet, which is estimated to be worth a total of $19.26 million USD. This meant the transactions cost a whopping 1.56.00 onl. It was this transfer that triggered a host of inferential dialogue pertaining to both the…
Philippines SEC urges users to withdraw funds before Binance’s ban
Philippines Securities and Exchange Commission (SEC) PhiliFintech Innovation Office Chief Paolo Ong has said that the agency cannot sign off on new methods to withdraw from Binance after its potential ban. Recall that the Philippines SEC ordered the country’s National Telecommunications Commission (NTC) to block access to some exchanges due to their unlicensed status. Philippines…
TON launches incentive-based program to drive digital verification
The Open Network (TON) developers have announced plans to incentivize users to verify their identity using a new palm technology. According to the update, the network has set aside about $5 million in incentives for users who wish to participate in the project. The TON society which constitutes the developers building on the network will…
1inch partners with Mastercard to launch its crypto debit card
Decentralized exchange (DEX) aggregator 1inch network has announced a significant achievement in the Web3 space. According to its 1inch.io/1inch-launches-a-web3-debit-card-in-partnership-with-mastercard-and-crypto-life/” rel=”nofollow noopener” target=”_blank”>announcement, the DEX is teaming up with finance-retik/” data-type=”post” data-id=”508244″ target=”_blank” rel=”noopener”>crypto card developer Baanx and payments firm Mastercard to roll out its Web3 debit card. The statement said that the card would be…
Mechanism Capital co-founder predicts boom for ‘culture coins’
The memecoin market has been experiencing a remarkable ride to the top, thanks to some overwhelming gains experienced by some of these tokens. However, some market participants including Mechanism Capital co-founder Andrew Kang believe that a new class of tokens will outshine the regular ones. According to his post on X, Kang believes that culture…
Xbox Embraces Innovation: New Teams for Game Preservation and User Experience
In a strategic move following the acquisition of Activision Blizzard, the news came down from Xbox and Microsoft that they are shifting some roles and moving some departments around. The alteration is designed around game preservation, leveraging on user experiences, as well as the competition in hardware and platforms. Internal reorganization By a recently released…
Fractals of Destiny: A Fusion of RPG Styles Hits Steam
Soft Source Publishing, the mastermind behind the game, is hastening the release of Fractals of Destiny on PC via Steam. By Krakatoa Studios, this semi-open world and hybrid RPG will ensure you are swept away by its intriguing real-time sequences and turn-based combat. The gamers conquered a new sphere of gameplay. The game of Fractals…
Frax Finance allocates $250M USDe to boost DeFi liquidity
Recently, the decentralized finance (DeFi) lending platform Frax Finance received approval from its community for a governance proposal. The proposal, which was approved on April 5, paves the way for an investment of $250 million in USDe from Ethena Labs into a newly established liquidity pool. This initiative is part of Frax’s Singularity Roadmap and…
Elon Musk enters legal fray with Brazil’s supreme court
CEO of social media Website X Elon Musk has a legal fight with Brazil’s Supreme Court. The argument originates from Musk blocking some users on X, a move which violates Justice Alexandre de Moraes instructions. Moraes’s orders prevent digital misinformation and hate speech. The case has become too much to handle because Moraes announced he…
HashKey Group Launches Global Exchange, Expands Digital Asset Services in Asia
HashKey Group, a leading digital asset service provider in Asia, has announced the launch of its HashKey Global exchange. This move comes after a successful acquisition of a license in Bermuda for carrying out licensed digital assets trading activities, which was announced on Monday. Livio Weng, Chief Operating Officer of HashKey Group, commented that the…
The Rise of Memecoins on Fantom: The Age of the New Leadership Arrives.
In crypto, you have memecoins, which have become like the rebel without a cause. While it would be difficult for them to gain investor confidence, they are held together by community support and viral trends rather than fundamental value. The landscape for the fantom blockchain has seen a recent novelty as currencies in the memecoins…