AI-firm Alias Technologies has developed an AI-powered social media platform known as BeFake, adding pressure to the already existing social platforms like Facebook and Instagram. The irony with the platform is that users on BeFake can genuinely express themselves through
Cryptocurrency giant Genesis, an arm of the Digital Currency Group, has struck a $175 million settlement with the beleaguered crypto exchange FTX. The deal, part of a broader effort to resolve claims connected to the ongoing bankruptcy issues of both
Two Middle Eastern powerhouses are vying for the AI crown. With its cutting-edge AI chips, Nvidia finds itself at the center of an escalating race between Saudi Arabia and the UAE. With global chip shortages and surging demand from major
The Securities and Exchange Commission’s (SEC) lawsuit against Coinbase has rattled the US crypto landscape. However, the firm’s motion to dismiss has gained high-profile support. Senator Cynthia Lummis recently filed an amicus brief siding with the crypto exchange. Coinbase, a
The United States Securities and Exchange Commission (SEC) recently moved significantly in the crypto space, announcing an agreement with crypto trading platform Bittrex and its co-founder and former CEO, William Shihara. The SEC accused Bittrex and Shihara of operating an
Congresswoman Maxine Waters voices concerns as PayPal unveils PYUSD stablecoin, highlighting potential implications for financial markets. Meanwhile, reports suggest an alarming surge in counterfeit PYUSD tokens across blockchains. The influential Democrat on the House Financial Services Committee has recently articulated
As generative AI balloons, which have allowed anyone to create deep fake music, Google and Universal Music are reportedly working on modalities to license the voices and melodies of musicians used for AI-generated music. The arts industry, especially music has
Leading cryptocurrency exchanges are readjusting their services for U.S. investors in reaction to the shifting regulatory landscape. Bitstamp, founded in 2011, has announced the suspension of seven cryptocurrencies, including Axie Infinity (AXS), Chiliz (CHZ), Decentraland (MANA), Polygon (MATIC), Near Protocol
On August 7, Curve Finance, a prominent player in the decentralized finance (DeFi) landscape, made a significant announcement. The protocol has put forth a $1.85 million bounty to apprehend the hacker responsible for a major security breach. This move comes
In a bold move against emerging tech fraud, China has ramped up its efforts to quash illicit activities that leverage state-of-the-art technologies. The spotlight shines on overseas telecommunication firms accused of exploiting the realms of cryptocurrency and artificial intelligence (AI).
CoinFund CEO Jake Brukhman argues that Worldcoin can become bigger, more widely distributed, and even more valuable than Bitcoin. Brukhman’s incredible list of claims came during an appearance on the Unchained Podcast during the first week of August. The claims
Effective October 3, Revolut, a leading fintech firm headquartered in the UK, will cease all cryptocurrency-related services for its clientele in the United States. The decision comes in response to the escalating intricacy and unclear nature of the US regulatory landscape
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