Binance’s CEO, Changpeng Zhao, has pleaded guilty to money laundering violations, leading to the cryptocurrency exchange he founded facing penalties exceeding $4 billion. This situation highlights the growing regulatory scrutiny on cryptocurrency exchanges and emphasises the significance of adhering to financial regulations. “Binance became the world’s largest cryptocurrency exchange in part because of the crimes it committed – now it is paying one of the largest corporate penalties in US history,” Attorney General Merrick Garland said in a statement. Also Read: Spartan Capital, a Crypto Venture Capital Firm, Invests in Pendle to Foster DeFi Expansion Binance CEO Changpeng Zhao Steps…
Author: Scott Faulkner
Back in September, Meta unveiled plans during Meta Connect 2023 to introduce an AI chatbot across its subsidiary platforms. If you missed the specifics, you can revisit the details in this article. Notably, WhatsApp recently introduced their inaugural WhatsApp’s AI chatbot in the latest update, following several enhancements over the past few months, including the ability to log in to two accounts simultaneously and a privacy feature safeguarding users’ IP addresses. WhatsApp consistently delivers updates to enhance user experience, and this newly revealed feature, WhatsApp’s AI chatbot, aligns with the prevailing trend where AI chatbots have become integral to many…
Ladies and gentlemen, welcome the PlayStation Portal. Remember Google Stadia? It’s incredibly similar to it. The PlayStation Portal is a remote PS5 player that lets you play on the go. You just have to be connected to the Internet. So, it’s practically a streaming device, not a standalone console like the PSP and PS Vita were. This means you can’t download games on it because of the lack of storage. The opinions at Player.me were a little varied, but the majority agreed that the PlayStation Portal isn’t worth its weight in gold, except if your needs are specific. If you…
The news that Tether (USDT) froze $225 million linked to alleged human trafficking activities has sent shockwaves through the cryptocurrency world. Tether, the US dollar-backed stablecoin, has been under scrutiny for a while due to its controversial past. The swift action taken by Tether has raised questions about the wider crypto industry’s involvement. While the freeze may be a victory against illegal activities, it has highlighted the complexity of investigating and addressing financial links to such actions. This move underscores the importance of taking action against illegal financial activities, but it has also sounded the alarm for the industry to…
OpenAI has rolled out voice capabilities for all ChatGPT users for free on their mobile app. Even as Plus subscriptions and upgrades remain paused, this democratisation of ChatGPT Voice opens up a world of possibilities for content creators, marketers, and everyday users. The Evolution of ChatGPT Voice The ChatGPT Voice feature, introduced in late September, has garnered attention for its impressively human-like responses. Unlike traditional AI chatbots that often sound robotic, ChatGPT Voice offers a conversational experience that mimics human speech patterns, adding emphasis and nuance to responses. This accomplishment is made possible through a carefully curated library of sounds…
Insomniac Games, renowned for their work on Marvel’s Spider-Man 2, are already working on their next hit project. This could be the case with Marvel’s Spider-Man 2 and Marvel’s Wolverine, or so fans hope at least. With the release of the new Spider-Man 2 less than a month ago, fans are excited to hear more about how far Marvel’s Wolverine has come and whether Insomniac Games is expected to confirm Marvel’s Wolverine release date. Speculations on Marvel’s Wolverine Release Date Since Insomniac Games is set to confirm an official release date for the new Wolverine game, we’ll just have to…
Sunbird, a Play Store app that brings iMessage to Android, has announced the temporary shutdown of its iMessage app for Android, citing significant security concerns. This decision comes on the heels of a partnership with Nothing for the “Nothing Chats” app, which was abruptly removed from the Play Store after reports surfaced about privacy issues. The move raises questions about the efficacy of Sunbird’s touted end-to-end encryption and data security measures. Security Concerns and Swift Action Recent revelations have exposed Sunbird’s iMessage app for Android, highlighting major privacy concerns that have prompted the company to take immediate action. Nothing Chats,…
Stability AI has announced ‘Stable Video Diffusion’, It showcased its first foundation model for generative video based on its image model, Stable Diffusion. The company said that this generative AI video model represents a significant step in its journey toward creating models for everyone of every type. Thus, we can conclude that Stable Video Diffusion is one of the few video-generating models available in open source. However, not everyone can use the model currently, as Stability AI emphasised that this model is not intended for real-world or commercial applications at this stage. Also Read: The OpenAI Employee Exodus: Dangerous Threats…
In a strategic move aimed at bolstering the United States’ competitive edge, the Pentagon unveiled its latest data and Artificial Intelligence (AI) strategy on November 2. The initiative is designed to enhance battlefield decision-making capabilities, ensuring a more agile response to the evolving global landscape, particularly in the context of the strategic competition with China. Related: Pentagon Looking to Develop Fleet of AI Drones, Systems to Combat China Decisive Decision-Making Through AI Integration Deputy Defense Secretary Kathleen Hicks emphasised the primary objective of integrating AI into U.S. military operations: To improve decision advantage. The focus is on accelerating the speed…
Chinese authorities have granted approval to Ant Group, an affiliate of Alibaba, to release its Artificial Intelligence (AI) products to the public, marking a significant development in the company’s trajectory. The approval comes as Ant emerges from Beijing’s three-year-long regulatory crackdown, signifying a shift in China’s approach to regulating AI within the technology industry. Related: Why China Remains Hungry for AI Chips Despite U.S. Restrictions Regulatory Approval and Financial AI Ant Group’s “Bailing” AI large language model has received government clearance for public release, and this move follows the unveiling of a finance-specific AI model by the firm in September.…