GeneralBeginnerThe cryptocurrency landscape, already fraught with risks and volatility, is set to face a new and sophisticated threat in 2024: AI-powered scams. Security firms are raising the alarm, warning that crypto thieves will increasingly leverage artificial intelligence (AI) to craft highly convincing and…
#ai#crypto#scam
GeneralBeginnerImagine a social media landscape where you own your data, monetize your influence, and escape the clutches of algorithmic manipulation. This is the future promised by SocialFi, a revolutionary movement merging the worlds of social media and finance through blockchain technology and Web3…
#web3
GeneralBeginnerWe have been told to stay safe online since the internet’s inception. We’ve been taught not to click on unfamiliar links and to never give out personal or financial information on the internet. This has become even more important as net banking and the cryptocurrency industry have grown in…
#crypto#phishing-attack
GeneralBeginnerWhat are blockchain forks and how do they work? A blockchain is a decentralized network ledger that is digitally distributed and records information and transactions. The “chain” component of a blockchain is made up of a sequence of successive blocks that are connected to create an unchangeable…
GeneralBeginnerIn a significant step for domestic AI development, Ola Electric CEO Bhavish Aggarwal has unveiled Krutrim, a multilingual AI chatbot platform designed to cater to the unique needs of the Indian market. This ambitious venture marks India’s entry into the competitive field of large language models…
#ai#ola
GeneralBeginnerTerraform Labs and co-founder Do Kwon were charged with “orchestrating a multi-billion dollar crypto asset securities fraud” by the SEC in February. In a development shrouded in secrecy, Terraform Labs, the company behind the collapsed cryptocurrency ecosystem Terra, and the U.S. Securities and…
#crypto#united-states
GeneralBeginnerElon Musk, the owner of X, expects the launch of X payments as early as the middle of next year. In a move that could significantly enhance the functionality of his social media platform X, Elon Musk has announced plans to launch integrated payment services by mid-2024. This decision signifies a…
#crypto#elon-musk#wallets
GeneralBeginnerIn a shocking discovery that raises major ethical concerns about the development of artificial intelligence, a large and widely used AI training dataset called LAION-5B has been removed from online platforms after researchers found it contained thousands of instances of child sexual abuse material…
#ai
GeneralBeginnerDr. Stephen Thaler, a computer scientist, tried to register two patents under the name of an artificial intelligence model he developed. A computer scientist who was attempting to have his AI model acknowledged as the creator of two new patented products had his appeal denied by the highest court…
#ai#court
GeneralBeginnerIn the turbulent world of cryptocurrencies, Dubai’s Virtual Asset Regulatory Authority (VARA) has emerged as a beacon of clarity and stability. Established in March 2022, VARA has rapidly established itself as a global leader in crypto regulation, setting a high standard that other nations and…
#crypto#dubai
GeneralBeginnerLedger says that users’ blind signatures on EVM DApps resulted in the theft of assets valued at over $600,000. It will make sure that all victims are “made whole,” and blind signing will be banned by June 2024. Ledger, a manufacturer of hardware wallets for cryptocurrencies, promises to compensate…
#crypto#hardware-wallet#ledger
XRP LedgerBeginnerOther companies on the CBI VASP register include the exchanges Coinbase and Gemini, the payment processor MoonPay, Zodia Custody, and others. The Central Bank of Ireland (CBI) has approved the cryptocurrency payment network Ripple as a virtual asset service provider (VASP), marking another…
#crypto#wallets