Technology Financial News

06.11 / 16:03

Technology Stablecoin regulation Bank of England FCA Bank of England and FCA outline plans to regulate stablecoins into mainstream

In the paper, the BoE said that lenders will be pushed to make it clear to customers that stablecoins are not standard deposits, which are guaranteed against bank failures.

06.11 / 10:11

business Blockchain Technology UK government stock exchange London London Stock Exchange seeks digital assets director

The London Stock Exchange Group (LSEG), the parent company of the London Stock Exchange and other fintech companies, has posted on LinkedIn that it's seeking a director of digital assets.

04.11 / 19:13

business Blockchain Technology Tokens Bloomberg Smart Contracts DLT analyst Blockchain adoption continues unabated — Bloomberg analyst

Should the current rate of adoption continue, blockchain technology could have 100 million daily users by 2028, according to projections by Bloomberg Intelligence analyst Jamie Coutts.

03.11 / 14:41

Technology regulation DAO Ledger Abu Dhabi pioneers DLT regulation for DAOs, Web3 innovations

Abu Dhabi, the second-most populous emirate in the United Arab Emirates, has introduced a formal regulatory framework for decentralized autonomous organizations (DAOs) and other digital ledger entities as it doubles down on its ambition to be a leader in digital asset innovation within the Middle East.

03.11 / 14:41

business Technology Adoption Payments Trading Web3 Decentralization Help or hindrance: Is Web3 really improving mainstream industry and products?

Web3 has been gaining ground in mainstream industries with the rise of Web3 business models based around nonfungible tokens (NFTs), blockchain technology and crypto. But it’s still an open question whether it’s actually improving mainstream industry and products.

03.11 / 14:41

Technology defi Hackers hacks Tokens crimes SafeMoon addresses recent exploits amid SEC charges

Decentralized finance project SafeMoon, which was charged by the United States Securities and Exchange Commission (SEC) for security rules violations and fraud, has said that it is closely examining recent developments and will work to resolve the situation promptly.

01.11 / 15:07

Technology data Bitcoin AI and real-world assets gain prominence in investor discussions

As nations progress toward promoting the expansion of the artificial intelligence (AI) sector, market data from Santiment indicates an uptick in conversations among investors and traders regarding the potential of real-world assets and AI.

31.10 / 15:17

Blockchain Technology Ethereum Ether price Scalability Ethereum layer 2’s will continue to have diverse approaches to scaling — Vitalik Buterin

The Ethereum layer-2 ecosystem is likely to continue evolving with diverse technological approaches, according to co-founder Vitalik Buterin.

30.10 / 12:03

Technology G7 countries to launch AI code of conduct: Report

The Group of Seven (G7) industrial countries are scheduled to agree upon an artificial intelligence (AI) code of conduct for developers on Oct. 30, according to a report by Reuters.

27.10 / 15:37

business Technology Twitter elon Elon Musk’s X aims to revolutionize finance as a central hub

Elon Musk-owned X (formerly Twitter) aims to position itself as a central financial hub, encouraging individuals to consider using it as their primary financial solution instead of traditional bank accounts.

27.10 / 10:41

Technology United Nations International UN launches international effort to tackle AI governance challenges

United Nations Secretary-General António Guterres revealed the establishment of a 39-member advisory committee aimed at tackling matters related to the global regulation of artificial intelligence (AI) on Oct. 26.

27.10 / 03:25

Technology Analysis Opinion Bitcoin Tech Analysis Bitcoin is evolving into a multi-asset network

For more than a decade, the primary narratives surrounding Bitcoin (BTC) have focused on its role as a peer-to-peer digital cash and store of value.

26.10 / 13:27

Technology Law regulation Google copyrights Court How Google’s AI legal protections can change art and copyright protections

Google has been facing a wave of litigation recently as the implications of generative artificial intelligence (AI) on copyright and privacy rights become clearer.

26.10 / 12:55

Technology Law regulation Meta faces legal scrutiny as AI advancements raise concerns over child safety

A group of 34 United States states are filing a lawsuit against Facebook and Instagram owner Meta, accusing the company of engaging in improper manipulation of minors who use the platforms. This development comes amid rapid artificial intelligence (AI) advancements involving both text and generative AI.

20.10 / 22:07

Blockchain Technology Analysis Gaming Opinion Tech Games need decentralized randomness to be fair

Quantum mechanics tells us that what looks like a highly predictable and orderly universe is built on a world of unpredictability and mere probability. While the quantum world looks bizarre, it can be understood and even harnessed for technology like semiconductors, LEDs, and quantum cryptography. Something similar can be said about randomness in the metaverse. What looks like a system built on random values produced by random number generators (RNGs) is, in fact, based on programs with a method behind them that can be understood — for good or ill.

20.10 / 17:19

business Blockchain Technology Adoption wallet Web3 Digital Asset Simplifying Web3 adoption with solutions tailored for businesses and enterprises

The digital era is in full swing, and with it comes a surge of opportunities that promise to redefine the business landscape. The buzz around blockchain technology and Web3 functionalities is real and for a good reason.

20.10 / 13:05

Technology Law regulation SEC THORChain SEC wins default judgment against Thor Technologies and founder

Thor Technologies and its founder and former CEO, David Chin, have faced a legal setback in an ongoing dispute with the United States Securities and Exchange Commission (SEC) over the unapproved sale of $2.6 million in crypto asset securities.

18.10 / 09:33

Technology regulation European Union UK to target potential AI threats at planned November summit

The United Kingdom will be hosting the world’s inaugural international summit on artificial intelligence (AI) safety in November 2023. This event seeks to establish the U.K.’s presence as a mediator between the United States, China and the European Union in the critical field of technology post-Brexit.

17.10 / 04:51

Technology Developers ChatGPT Dev platform Stack Overflow axes 28% of staff as AI competition grows

Developer and programmer platform Stack Overflow is cutting the company’s headcount by approximately 28% amid a rise in the popularity of artificial intelligence (AI) chatbots.

15.10 / 07:01

Technology Adoption Nigerian gov supports AI initiatives with $289,980 in grants

The Nigerian Minister of Communications, Innovation and Digital Economy, Dr. Bosun Tijani, revealed on Friday, Oct.13, that the Federal Government intends to grant a sum of $6,444 (5 million naira) each to 45 artificial intelligence (AI) focused startups and researchers. This figure makes a total of $289,980 (225 million naira) being given out for the purpose of AI.

13.10 / 10:41

Technology Law regulation Training generative AI China sets stricter rules for training generative AI models

China has released draft security regulations for companies providing generative artificial intelligence (AI) services, encompassing restrictions on data sources used for AI model training.

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