The collaboration will have both parties researching the offline capabilities of CBDC issued by South Korea’s central bank. Tech giant Samsung Electronics has reportedly partnered with the South Korean central bank to conduct research on central bank digital currency (CBDC) for offline payments. On May 15, South Korea’s central bank — Bank of Korea (BOK)…
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Learn to use Lightning Network by setting up a wallet, funding it, and using it to make and receive payments. To send and receive payments on the Lightning Network, users must first set up a Lightning wallet and fund it with Bitcoin. From there, they can create payment channels and start transacting. This article will…
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In the past week, sales of non-fungible tokens (NFTs) have increased by 1.46%, raking in a total of $149,312,180. However, while the number of NFT buyers has risen by 22.48%, the number of NFT transactions has decreased by 8.78% compared to the previous week. Azuki Emerges as Top-Performing NFT Collection This Week With 504.96% Sales…
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A leaked document from a senior software engineer sounds the alarm about Google’s artificial intelligence development. According to a critique written by a senior software engineer at Google, the company’s artificial intelligence (AI) development is threatened by the open-source community. The engineer contends that independent researchers in open-source technology are making swift and unforeseen strides in AI…
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According to the cease and desist order, investors are being given the impression that Elon Musk endorses “TruthGPT Coin.” The Texas State Securities Board joined several state regulators in issuing cease-and-desist orders against Horatiu Charlie Caragaceanu and his organizations, The Shark of Wall Street and Hedge4.ai, for promoting two cryptocurrencies named TruthGPT Coin and Elon Musk AI…
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The U.K. government plans to introduce laws to reimburse victims of authorized crypto fraud and work with Ofcom to prevent phone number “spoofing.“ The United Kingdom is set to ban cold calls selling financial products, including insurance and cryptocurrencies, to crack down on fraud. The National Crime Agency estimates that fraud costs the country approximately £7…
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This year, the world has witnessed a surge in the popularity of artificial intelligence (AI) software, with a plethora of cutting-edge platforms such as Openai’s Chatgpt 3.5, Chatgpt 4.0, DALL-E, Stable Diffusion, and other innovative tools like Midjourney and Google’s Bard taking the internet by storm. Amidst this technological revolution, Crypto.com’s CEO Kris Marszalek recently…
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According to CoinShares, digital asset investment products saw outflows totaling $72 million last week, as investors brace for the Fed’s forthcoming rate decision on May 3. On May 2, European cryptocurrency investment firm CoinShares published its latest “Digital Asset Fund Flows Weekly Report,” which stated that the digital asset market experienced bearish sentiment for the…
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The company-wide ban prevents Samsung employees from accessing generative AI tools on all Samsung-owned devices and internal networks. Samsung Electronics Co. is the latest entity to take a stance against emerging generative artificial intelligence (AI) tools as they rapidly infiltrate major global industries. According to a report from Bloomberg on May 2, the company will…
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Block has completed the design of its new prototype ASIC chip that it says will fast-track its plan to bring an “open source” Bitcoin mining rig design to market. Block, the financial services and technology company owned by former Twitter CEO Jack Dorsey, has announced it has completed the prototype design of its new five-nanometre…
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