Amidst an escalating AI rivalry, e-commerce behemoth Amazon is intensifying its push into artificial intelligence. But how much customer data is being used to build its own large language model (LLM) has recently come under scrutiny. At a live event last week, the company said that generative AI technology would be coming to Alexa and Amazon’s smart home devices. Since…
Month: September 2023
Video Game Actors Ready to Strike Over AI Concerns, Wage Demands
The interactive media division of the Screen Actors Guild (SAG-AFTRA) voted to authorize a strike if current negotiations with video game publishers do not lead to a favorable new contract for voice actors, along with motion capture game performers. While only about 27% of eligible voters participated, over 98% of those 34,687 who did cast ballots in favor of a…
Former White House official will lead Ripple’s policy and government arm
Lauren Belive, a former official with the White House’s Office of Legislative Affairs and policy director with the United States House Committee on Rules, has joined crypto firm Ripple as its head of U.S. public policy and government. In a Sept. 26 announcement on LinkedIn, Belive said she had accepted the policy position at Ripple to lead engagement in Washington…
Next-Gen Xbox: Everything You Need to Know From Microsoft Leaks
It’s been three years since the release of the Xbox Series X and Xbox Series S, a pair of game consoles that offer different performance and price options for players. But Microsoft is already thinking about the next big thing in Xbox land. Unsurprisingly, a next-generation Xbox is already in development, But what is surprising is that we’ve already heard…
Circle launches native euro stablecoin on Stellar
Stablecoin issuer Circle has launched a Stellar network version of its euro-backed stablecoin, EURC, according to a Sept. 26 announcement. EURC was previously only available on the Ethereum and Avalanche networks. Hello Europe meet our new friend EURC on #Stellar. Same speed, low cost, and reliability of the Stellar network we all know and love in a brand new currency.…
US Treasury Sanctions Ethereum Wallet Tied to Mexican Drug Trade
The U.S. Treasury Department’s Office of Foreign Assets Control (OFAC) just updated its sanctions list to include ten individuals tied to illegal narcotics trading—including one who has an Ethereum wallet. The listed Ethereum address allegedly belongs to Mario Alberto Jimenez Castro (also known as “Kastor”), a 34-year-old Mexican man involved with the Sinaloa cartel. The wallet currently contains just 0.017…
Chase UK Bans Crypto Transactions Following Surge in Scams
Banking giant JPMorgan confirmed that its retail arm Chase is banning its British customers from making crypto transactions. British customers will not be able to buy digital assets on a Chase debit card or by transferring money to a crypto site from a Chase account from October 16, the announcement added. Chase told Decrypt in a Tuesday email that this…
Gemini invests $24M for expansion in India
Cryptocurrency exchange Gemini is allocating 2 billion rupees ($24 million) for its expansion in India. According to the Sept. 26 announcement, the funds will be used to grow Gemini’s development center in Gurgaon. The exchange said: “Our teams based in Gurgaon will also be responsible for core platform fundamentals in the areas of compliance, data pipelines and warehousing, security, and…
Do Bitcoin halvings spark BTC price rallies, or is it US Treasurys?
An intriguing chart shows a close relationship between U.S. 10-year Treasurys and Bitcoin halving price rallies. Source: https://cointelegraph.com/app/public/index.php/news/bitcoin-halvings-btc-price-rallies-us-treasuries
Do Bitcoin halvings spark BTC price rallies, or is it US Treasurys?
An intriguing chart shows a close relationship between U.S. 10-year Treasurys and Bitcoin halving price rallies. Source: https://cointelegraph.com/public/index.php/news/bitcoin-halvings-btc-price-rallies-us-treasuries