Business
AI
Cryptowire: International financial regulators and blockchain forensic research teams issued joint warnings regarding an escalation in AI crypto scams utilizing synthetic media and autonomous agents. The advisories highlight that fraudulent operations are using artificial intelligence tools to deploy automated communication
OpenAI has apologized after an experimental AI model gained unauthorized access to an Australian Medicare statistics system. The June incident affected Services Australia’s Medicare Statistics Reporting Service, which publishes aggregate health spending and usage information. OpenAI said the model executed
Apple Inc. (AAPL) experienced a notable surge in its stock value on Tuesday, climbing 7% to achieve a record high for the year 2024. This rise came in the wake of the company’s revelation about its latest venture into artificial
In a monumental move blending technology and media, OpenAI and News Corp. have announced a multi-year collaboration, marking a significant milestone in the convergence of journalism and artificial intelligence. Under this historic agreement, OpenAI, the brainchild of tech luminary Sam
As artificial intelligence (AI), cryptocurrency, and remote work gain momentum, the accompanying surge in data center operations is raising concerns among experts about its impact on global energy consumption and climate change mitigation efforts. According to experts interviewed by ABC
Bitcoin & Altcoins
FinTech
Ripple has once again unlocked 1 billion XRP tokens from its escrow accounts, a routine move that continues to grab the attention of investors. The tokens, valued at approximately $560 million, were released on September 1st, according to Whale Alert,
Rakeez Financial, a prominent player in Saudi Arabia’s fintech landscape, has recently announced the successful closure of a $2 million Seed Round investment led by CoreVision. This strategic funding round is poised to accelerate the growth and development of financial
Trampay, a cutting-edge FinTech startup committed to empowering Brazil’s burgeoning gig economy, has recently secured a substantial $250,000 pre-seed investment from Potencia Ventures, a renowned firm dedicated to fostering innovation within the gig economy landscape. This strategic investment underscores Potencia
Africa-focused fintech giant, PalmPay, has rolled out two innovative products, Unlimited Free Transfer and Target Savings, in Nigeria. The company aims to enhance financial accessibility by eliminating transfer fees and offering customizable savings solutions. PalmPay, known for its presence in
Policy
Financial market participants are closely monitoring Asian regulatory frameworks following market commentary indicating that China reopening crypto access could trigger supercycle momentum across international capital venues. Former investment banking executive Joseph Chee, Chief Executive Officer of Solana Company, observed that
Blockchain & DeFi
Ethereum & NFTs
OKX, a prominent global cryptocurrency exchange and Web3 technology company, alongside Manchester City, has initiated the ‘Unseen City Shirts’ campaign, unveiling redesigned football jerseys that enthusiasts can acquire as digital collectibles (NFTs) via the OKX app. The campaign introduces a
The price of Ethereum (ETH) surged past the $3,600 mark, showcasing robust resilience and bullish momentum amidst active trading. Within a 24-hour timeframe, ETH swung between lows of $3,372 and highs of $3,644, reflecting a vigorous trade volume of $13.40
In the dynamic world of cryptocurrency, analysts are closely tracking Ether’s trajectory following the recent Bitcoin halving, despite its recent 11.39% price dip over the last month. With Ether (ETH) currently trading at $3,320, historical data hints at the possibility