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Baroness’ Letter Sparks Debate on UK’s AI Market Competition
3.5.2024
The UK government faces pressure to address copyright concerns and promote fair competition within the UK’s AI Market Competition. Learn about the challenges posed by generative AI, the role of Big Tech companies like Amazon and Microsoft, and the ongoing efforts to ensure a thriving and ethical AI ...
UK gov't calls for action on AI copyright, market competition
3.5.2024
The U.K. government is under pressure to increase AI oversight following a House of Lords report highlighting the need for stricter regulations for AI standards
The rise of the Chinese AI unicorns doing battle with OpenAI
3.5.2024
Artificial intelligence startups aim to fill the gap in China as OpenAI’s ChatGPT became unavailable in the country
CoinPoker Offers Free Entry for Crypto Series of Poker Main Event
25.4.2024
The Crypto Series of Poker (CSOP) is currently underway at CoinPoker, and to celebrate the website is offering one lucky player the opportunity to gain free entry to its main event on Sunday.
The post CoinPoker Offers Free Entry for Crypto Series of Poker Main Event appeared first on Cryptonews
UK Competition and Markets Authority Raises Alarms Over Big Tech’s AI Dominance
12.4.2024
The Competition and Markets Authority (CMA) of the United Kingdom, under the direction of Sarah Cardell, has voiced its dissatisfaction with AI Foundation Models (FMs) that are owned by a small number of tech companies.
The post UK Competition and Markets Authority Raises Alarms Over...
For Crypto, the Global Regulatory 'Olympics' Has Already Begun
3.4.2024
Fortnite Will No Longer Try To Sell People $35 Digital Cars
15.12.2023
Epic seems to have found the limit for cosmetic pricing. The company announced today that it is lowering the price of Fortnite’s recently added in-game cars from around $35 to around $23. Read more
Busan is developing an Ethereum-compatible mainnet to become a 'Blockchain City'
21.9.2023
The city administration behind the project aims to make Busan a blockchain city and has launched a $75 million development plan to realize the goal
Weak competition in AI race could hurt consumers: UK watchdog
19.9.2023
The UK's Competition and Markets Authority wants to prevent AI from being used to undermine consumer trust
Canaan to Launch Avalon 14 Series Bitcoin Miner With Advanced 1X J/TH Efficiency
7.9.2023
In mid-August, Bitmain revealed its intention to launch a new Antminer featuring an efficiency rating of 1X joules per terahash (J/TH). Three days after this disclosure, Canaan also announced plans to unveil a novel product but with little details. Canaan has since offered more information...
2023 Centralized Crypto Exchange Study Highlights Winds of Change Among Top 10 Platforms
16.8.2023
In a report by the crypto market aggregation web portal Coingecko, Binance retains its crown in the centralized cryptocurrency exchange arena, but not without facing fierce competition and challenges. Binance Leads But Not Without Contenders, Says Coingecko’s Mid-Year Crypto Study According...
India Wants to Use Crypto Tokens to Digitally Sign Documents
10.8.2023
The Indian Ministry of Electronics and Information Technology (MeitY) wants to have the ability to use crypto tokens to digitally sign documents in a new indigenous web browser
Worldcoin’s Launch Propels Optimism to Record-Breaking Daily Transaction Volume
28.7.2023
With the recent launch of Worldcoin’s token, worldcoin (WLD), Optimism has experienced a surge in daily transactions, reaching an all-time high on July 27. Data reveals that 944,000 Optimism transactions were processed on Thursday, with WLD transfers closing in on 1 million. WLD Token Arrival...
Activision Set To Become Part Of Microsoft After FTC's Last-Ditch Effort Fails
15.7.2023
The U.S. Ninth Circuit Court of Appeals has denied the Federal Trade Commission’s final request to pause Microsoft’s takeover of Activision Blizzard, likely paving the way for the biggest-ever merger in gaming to finally move forward after a more than year-long regulatory saga. Read more
Only One Thing Still Stands In The Way Of Microsoft's Activision Takeover
12.7.2023
Microsoft’s deal to buy Activision Blizzard for $69 billion is closer than ever to becoming a reality after the companies defeated the Federal Trade Commission in court this week. While the FTC can still appeal, all eyes now turn back to regulators in the UK, that last thorn in the tech giant’s...
Blockchain Australia CEO calls for unified efforts to stamp out crypto scams
30.6.2023
Simon Callaghan said that efforts need to start on social media and telecommunication channels where most cryptocurrency scams originate
Australian banks claim 40% of scams 'touch' crypto as it defends restrictions
27.6.2023
During a panel at the Australian Blockchain Week, executives from Australia’s major banks explained why they added restrictions on payments to local crypto exchanges
Luxembourg Antitrust Authority to Probe Blockchain, Web3 Competition
6.6.2023
The market study may be the first of its kind to examine Web3 competition dynamics
Liquid Staking Protocol Lido’s Defi Dominance Swells From 7% to 26% in 12 Months
25.5.2023
According to statistics, the liquid staking platform Lido accounted for 7.45% of the total value locked in decentralized finance (DeFi) a year ago today. Since then, Lido’s market dominance has significantly increased over the last 12 months to its current 26.18% share. Lido’s Market...
30-Day Bitcoin NFT Sales Surge to $173 Million, Securing Second Place in Blockchain Market
24.5.2023
In the past month, recent data reveals that sales of non-fungible tokens (NFTs) originating from the Bitcoin blockchain have surged to $173.28 million. Surpassing 20 alternative blockchain networks, Bitcoin-based NFT sales now secure the second position in the realm of blockchain sales, with only...