Microsoft officials have been vocal about their praise for AI technology, acknowledging its vast potential to transform industries and improve various aspects of our lives. However, alongside their admiration, there is an underlying sense of concern regarding the risks associated with AI. Firstly, Microsoft recognizes the immense power of AI in enhancing productivity and efficiency. […]
The cryptocurrency protocol “Jimbo’s Protocol” has reported a loss of 4,090 ETH, equivalent to approximately $7.5 million at the current Ethereum price. This significant breach was not the result of typical hacking strategies, but a flaw within the protocol itself — specifically, a lack of slippage control in liquidity-shifting operations. To understand this, we must first define […]
The Beijing Municipal Science and Technology Commission has released a white paper in a bid to foster innovation and development within the Web3 industry. Dubbed the “Web3 Innovation and Development White Paper,” the paper was unveiled at the Zhongguancun Forum by the Beijing Municipal Science and Technology Commission, also known as the Administrative Commission of […]
.SWOOSH, a web3 platform developed by the popular sports brand Nike, has already generated more than $1 million in sales from its first sneaker-themed non-fungible token (NFT) collection. The strong sales number indicates that despite some early technical issues and delays, the demand for well-designed shoes in the metaverse is healthy. “We ran into an […]
Following its highly-publicized Shapella upgrade that occurred earlier this year, Ethereum has taken some vital steps toward its upcoming Cancun upgrade. Moreover, the development should have a significant impact on the structure of the network. Ethereum core developers have recently discussed a variety of Ethereum Improvement Proposals (EIPs). Subsequently, these discussions, and coordinative conversations regarding […]
Cryptocurrencies have taken the world by storm over the past decade, and Bitcoin has led the way. As over 18 million are already in circulation, everyone wonders: When will they mine the last Bitcoin? Created in 2009 by an anonymous person or group of people under the pseudonym Satoshi Nakamoto, Bitcoin has become the world’s […]
Neuralink, the brain implant company founded by Elon Musk, has gotten approval from the U.S. Food and Drug Administration (FDA) to launch its first-in-human clinical study. This is according to an announcement from the company Thursday. Musk has said since 2019 that Neuralink will soon be able to begin human trials. Now, with approval from […]
In recent years, the world of cryptocurrencies has witnessed the emergence of a groundbreaking development—an AI-based crypto power that is compact yet highly advanced. This compact AI, powered by cutting-edge technologies, has brought about significant transformations in the crypto landscape, revolutionizing the way digital assets are created, managed, and utilized. At its core, this compact […]
Recent market updates reveal that crypto exchange OKX targets France as its European regional hub. Moreover, the trading company plans to employ 100 individuals within three years. That comes as the exchange seeks to join other (74) firms that have already acquired certification from the nation’s AMF (Financial Markets Authority). The trading company has applied to become […]
The BRICS alliance is looking to create a new currency to settle international trade and dethrone the U.S. dollar from its global status. If the new BRICS currency gains the trust of other countries, the U.S. dollar could be the first to fall. The global financial power will shift from the West to the East […]