A high-ranking official from India’s central bank, the Reserve Bank of India (RBI), advised banks to incorporate artificial intelligence (AI) and blockchain technology for long-term growth and stability. During a conference organized by the RBI for directors of Indian banks, Deputy Governor Mahesh Kumar Jain discussed risk management strategies related to sustainable growth and stability….
NVIDIA Corporation set to achieve $1 trillion market capitalization upon the opening of US markets for trading on Tuesday. US chipmaker company, NVIDIA, reached the $1 trillion market milestone shortly before the opening of US markets on Tuesday. In the pre-market, NVIDIA shares are trading at $407, experiencing an almost 5% increase compared to the…
Court Labels New York Attorney’s Quotes Sourced from ChatGPT as “Bogus” A New York attorney named Steven Schwartz, who works at the law firm Levidow, Levidow & Oberman, has faced criticism for using an AI research tool called ChatGPT in a lawsuit against Avianca Airlines, a Colombian airline. The attorney was hired by Robert Mata…
Fabio Panetta, a member of the Executive Committee of the European Central Bank (ECB), shared news that the European Commission is preparing to introduce a law for the digital euro in June. Panetta also mentioned that further decisions regarding the digital euro’s progress will be made in October. In an interview on the ECB’s official…
The chief inspector of the Cyber Security and Technology Crime Bureau (CSTCB) cautioned that the metaverse is just as vulnerable as the regular internet, stating that all types of cybercrimes can occur within the metaverse as well. Hong Kong Police Force’s Cyber Security Unit introduces Cyber Defender, a new metaverse platform aimed at raising public…
The upcoming Cardano Improvement Proposal (CIP-1694) is expected to bring significant changes to the platform. The final version of CIP-1694 is scheduled to be released in July of this year. Cardano’s founder, Charles Hoskinson, believes that the project’s decentralization will send a strong message to the cryptocurrency industry. In a recent update, he stated that…
New Bitcoin Core Software Update Released: What’s Changed? New Bitcoin Core Software Now Available for Download. Bitcoin Core 25.0 Update: New Features, Bug Fixes, and Performance Enhancements. The latest update, Bitcoin Core 25.0, brings a new feature that allows the acceptance of larger non-witness transactions (65 bytes and above) using a mempool and relay policy….
In a surprising development, a former top executive at Coinone, a popular cryptocurrency exchange in South Korea, has been found guilty of accepting bribes in exchange for adding certain cryptocurrencies to the platform. The executive under scrutiny, Jeon, is accused of reportedly receiving about 2 billion Korean won (equivalent to approximately $1.5 million) from 2020…
According to an internal document, Apple is limiting its employees’ use of external AI chatbots while the company focuses on developing its own AI technology. Apple Limits Use of AI Chatbot ChatGPT over Data Security Concerns. Apple Bans Microsoft-backed ChatGPT and Similar AI Tools for Employees during Internal AI Development. Apple Worries About Employees Using…