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AI-Driven Fraud on the Rise, Financial Institutions Unprepared, Reveals Report
30.5.2024
A new report by Signicat, the European digital identity and fraud prevention solutions provider, reveals that artificial intelligence (AI) is used in over a third of fraud attempts targeting financial institutions, with one in fifteen fraud attempts now using deepfakes. The study, titled “The...
Security-Focused Crypto ISAC Debuts With Founding Members Including Coinbase, Kraken, Circle
30.5.2024
The Crypto ISAC (Information Sharing and Analysis Center) launches on Wednesday as a 501(c)(6) not-for-profit association dedicated to bolstering security within the cryptocurrency ecosystem. Its founding members include Aleo, Circle, Coinbase, Consensys, Evertas, Fireblocks, Hedera, Kraken...
Cathie Wood’s ARK Invest pours $60M into Elon Musk's AI venture
29.5.2024
Cathie Wood’s ARK Invest has committed $60 million to Elon Musk’s xAI startup, demonstrating the firm's confidence in its potential amid a surge in AI investments
Central banks turn to generative AI for enhanced cybersecurity: BIS
28.5.2024
Central banks are increasingly adopting generative AI for cybersecurity, with a BIS report indicating that 71% are already using it and more planning to follow
After Half a Decade, Mt. Gox Initiates $2.9B Bitcoin Transfer
28.5.2024
Defunct crypto exchange Mt. Gox transferred about 42,829 Bitcoin, valued at roughly $2.9b, to a new wallet according to data from Arkham Intelligence. Bitcoin’s price dropped slightly to $67,787 after reaching a high of $70,600 on Monday.
The post After Half a Decade, Mt. Gox Initiates $2.9B...
Donald Trump’s Crypto Wallet Holds $10 Million in Assets
27.5.2024
A cryptocurrency wallet linked to former President Donald Trump, a leading Republican presidential candidate, reportedly holds assets worth approximately $10 million.
The post Donald Trump’s Crypto Wallet Holds $10 Million in Assets appeared first on Cryptonews
EUBOF Advises EU On Blockchain And AI Integration
27.5.2024
In a report published on May 24, the European Blockchain Observatory and Forum (EUBOF), a project of the European Commission, urged the EU to get ready for the fusion of blockchain technology with artificial intelligence (AI).
The post EUBOF Advises EU On Blockchain And AI Integration appeared...
Microsoft Invests $70 Million in South Africa for AI Advancement
27.5.2024
Microsoft South Africa (SA) has entered into a $70.5 million artificial intelligence (AI) investment agreement with the Southern African nation’s Department of Trade, Industry, and Competition (DTIC). The investment aims to support the development of black-owned small, micro, and medium...
Former Google China boss doubles down: AI to take 50% of jobs by 2027
26.5.2024
Kai-Fu Lee predicted the modern AI zeitgeist back when OpenAI was a non-profit building chatbots
Elon Musk reportedly building ‘Gigafactory of Compute’ for AI
25.5.2024
Musk recently said he expected xAI to catch up to OpenAI and DeepMind Google by the end of 2024
Google blames users for wildly inaccurate ‘AI Overview’ outputs
25.5.2024
Elon Musk recently said AI would surpass humans by 2025 but Google’s models are so inaccurate they’re being tuned by hand
EU says ChatGPT outputs too much false information to comply with rules
24.5.2024
While the assessment remains ongoing, OpenAI appears to have made little in the way of progress since 2023
Elon says AI will ‘do everything better than you,’ make employment obsolete
24.5.2024
Despite having fathered at least 10 children, Musk also seems to think humans will struggle to find meaning in their lives without employment
Political correctness in AI systems is the biggest concern: Elon Musk
24.5.2024
Some of today’s most prominent artificial intelligence projects are being trained to “basically lie,” according to Musk
Man behind AI-generated fake Biden robocalls is indicted
24.5.2024
Steven Kramer allegedly used deep fake tech to generate and send thousands of robocalls to New Hampshire residents imitating President Biden’s voice in January
Artificial general intelligence still more than 10 years away: Baidu CEO
23.5.2024
AGI could potentially solve some of humanity’s most pressing concerns down the line, according to Baidu’s co-founder
Nvidia’s Q1 results sent its stock soaring 6% but AI tokens barely moved
23.5.2024
Nvidia’s strong earnings report didn’t have the immediate effect on AI crypto tokens that traders expected
Nvidia doubles down on AI future as stock market cap tops $2.5T
23.5.2024
The semiconductor giant plans to accelerate its AI chip production cycle following a bumper revenue report driven by AI data centers
AI-Focused Tokens Edge Higher Ahead of Nvidia Earnings Results
22.5.2024
FET, RNDR, TAO and AGIX gained even as the broader market benchmark CoinDesk 20 Index saw a slight decline during the day
Dfinity Senior Scientist: Bitcoin’s Next Significant Wave of Innovation Will Revolve Around DAOs
22.5.2024
After the introduction of ordinals, BRC-20 tokens, and more recently, Runes, the next significant wave of innovation on Bitcoin will revolve around Decentralized Autonomous Organizations (DAOs). Aisling Connolly, the Senior Research Scientist at the Dfinity Foundation, has asserted this. He stated...