Stolen Bybit Funds Laundered at Alarming Speed The recent security breach at Bybit has sent shockwaves through the cryptocurrency community, with the hacker managing to launder over half of the stolen Ethereum in record time. This brazen act has not only highlighted the vulnerabilities in the digital asset space but has also raised concerns about […]
Quantum machines secures $170 million for growth
Quantum Machines Secures $170 Million for Growth Israel’s Quantum Machines has recently made headlines by securing an impressive $170 million in funding. This significant investment is earmarked to bolster the company’s efforts in advancing the practical realization of quantum computing. With the race for quantum supremacy heating up, this funding round positions Quantum Machines as […]
European AI stocks fall amid Microsoft data centre concerns
European AI Stocks Experience Decline as Microsoft’s Data Centre Leases Spark Concerns The European artificial intelligence (AI) market has been facing a downturn recently, with stocks taking a hit due to concerns surrounding Microsoft’s reevaluation of its data centre leases. This move by the tech giant has ignited a debate within the industry about the […]
New open-source AI model from Alibaba enters the market
Alibaba’s Massive Investment in AI: Introducing the New Open-Source AI Model Alibaba, the Chinese multinational technology conglomerate, is making significant waves in the tech industry with its latest announcement of investing a whopping 380 billion yuan ($52 billion) over the next three years in cloud computing and AI development. This substantial investment underscores Alibaba’s commitment […]
Quantum computing could render today’s encryption obsolete
Quantum Computing: The Impending Revolution in Encryption In a rapidly evolving digital landscape, the specter of quantum computing looms large, promising unparalleled processing power that could potentially render today’s encryption methods obsolete. The United States, recognizing the looming threat, has taken proactive measures by introducing post-quantum encryption standards. This move underscores the urgent need for […]
Google to integrate Bitcoin into its ecosystem via Bitcoin wallet
Google to Integrate Bitcoin into Its Ecosystem via Bitcoin Wallet Google, a tech giant known for constantly innovating and expanding its services, is reportedly considering integrating Bitcoin into its ecosystem through a Bitcoin wallet. This move has the potential to not only revolutionize the way we think about cryptocurrencies but also significantly boost crypto adoption […]
Google settles tax dispute in Italy for 326 million euros
Google Settles Tax Dispute in Italy for 326 Million Euros Tech giant Google recently reached a settlement in Italy, putting an end to a long-standing tax dispute. The company agreed to pay a hefty sum of 326 million euros following allegations of tax evasion in the European country. This legal case sheds light on the […]
Argentina’s President faces impeachment calls over cryptocurrency scandal
Argentina’s President Faces Impeachment Calls Over Cryptocurrency Scandal In the ever-changing landscape of politics and finance, unexpected events can often shake the foundations of a nation. Recently, Argentina’s President, Javier Milei, has found himself embroiled in a cryptocurrency scandal that has sent shockwaves through the country’s political sphere. Opposition lawmakers are now calling for Milei’s […]
Study warns of AI’s role in fueling bank runs
Study Warns of AI’s Role in Fueling Bank Runs Artificial Intelligence (AI) has undoubtedly revolutionized various industries, from healthcare to finance. However, a recent study has shed light on a concerning aspect of AI’s capabilities – its potential role in fueling bank runs. The study warns that the dissemination of fake news generated by AI […]
AI push in China planned by Apple
Navigating Regulatory Hurdles: Apple’s AI Push in China Apple, a titan in the tech industry, is setting its sights on expanding its artificial intelligence (AI) capabilities in China. With the growing importance of AI in various sectors, including healthcare, finance, and autonomous vehicles, Apple’s move comes as no surprise. However, the tech giant is facing […]