The Irish Data Protection Commission (DPC) has reportedly blocked the launch of Google’s generative artificial intelligence (AI) service, Bard, in the European Union over privacy concerns. Google launched Bard in the United States, United Kingdom and 178 other countries earlier this year. However, it’s so far been unable to crack the EU. The Mountain View, California company reportedly intended to…
Meta has unveiled MusicGen, a new music-generating tool that can turn text prompts into audio recordings using AI. MusicGen was trained using 20,000 hours of music, according to the tech giant, including 10,000 hours of “high-quality” licensed songs and 390,000 instrumental tracks taken from media libraries like ShutterStock and Pond5. According to Meta, all the music MusicGen was trained on…
On June 13, South Korean yield platform Haru Invest announced that it would be suspending deposits and withdrawals effectively immediately. “First of all, the company sincerely apologizes that its latest announcement has caused concerns to our valued investors and customers,” Haru said, claiming that “certain information provided by a consignment operator was suspected to be false” during an “internal inspection…
The United States Securities and Exchange Commission and BAM Trading (Binance’s U.S. arm) recently filed a request for a consent order that would ease some of the restrictions from a previous SEC request to freeze the company’s assets. The proposed new consent order would offer more assurances for the SEC and allow BAM Trading to make payroll and other financial…
Sir Paul McCartney revealed today that he’s used artificial intelligence (AI) technology to help create what he’s calling the “final” Beatles song, which will be released this year. Speaking on BBC Radio 4’s Today show, McCartney said that AI had been used to extract the late John Lennon’s vocals from an old demo tape, allowing the rock icon to complete…
After much legal wrangling, Ripple shared the highly anticipated contents of former Securities and Exchange Commission director William Hinman’s speech. Rather than a smoking gun, observers suggest that the emails reveal little in the way of new information that can help Ripple in its lawsuit against the SEC. The Hinman emails include exchanges between Hinman and members of the SEC…
The United Kingdom arm of cryptocurrency exchange Bitstamp has joined the list of registered firms under the country’s Financial Conduct Authority. According to the FCA list of registered cryptoasset firms as of June 13, Bitstamp U.K. Limited and Interactive Brokers Limited became the first companies to join other registered entities in the U.K. after roughly 6 months — the FCA…
The lawsuit brought by the United States Securities and Exchange Commission (SEC) against Coinbase Global on June 6 is raising questions about the crypto exchange’s approach to managing the ongoing crypto crackdown. In a recent interview with Cointelegraph, venture capitalist Kevin O’Leary criticized Coinbase’s strategy to address the current regulatory environment. “Its market cap was decimated [by the SEC suit], and…
From the earliest mechanical devices to the most advanced quantum computers of the present, the history of computing is a fascinating trip spanning thousands of years. Let’s explore the significant turning points in computing history, starting with the abacus and progressing through quantum computers. Abacus (3,000 BCE) The abacus, which dates back to 3,000 BCE, is frequently cited as the…
Why go mobile first when crypto is such a desktop-centric industry? Well, it’s easier, Zerion’s Alexander Guy told Decrypt. “Basically, we thought it was a good opportunity to try there because the competition was rather low,” he said in an interview at this year’s NFC Lisbon. Zerion, a Web3 wallet and portfolio management solution, had already built a functional portfolio…
