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Dutch semiconductor company Besi reported a 16% increase in revenue ($173 million) in the last quarter of 2023, driven largely by strong demand from AI companies. This surge in demand also led to a 37% increase in net profit ($59.9 million) compared to the previous year.
Montenegro’s Supreme Court in Podgorica has determined that Terra’s founder, Do Kwon, will be extradited to the United States, according to news outlet Pobjeda.
Ladan Stewart, the leader of the SEC’s crypto unit, has transitioned from the agency to join the law firm White & Case, Bloomberg reports. In her new role, she will spearhead the development of crypto and cybersecurity practices.
Director Ryo Matsubara of Japan’s GameFi project, Oasys, stood as the voice of the blockchain community in discussions with the governing Liberal Democratic Party. These crucial talks, held with the LDP’s Web3 Project team, tackled the intricacies of Japan’s blockchain gaming industry.
Backpack, a new cryptocurrency exchange, has officially launched operations in 11 U.S. states, including California, Colorado, and Indiana.
Following the shutdown of the LockBit hacker group’s website and other actions by law enforcement, including sanctions against numerous fraudulent crypto wallets, analysts have published several key points that might have gone unnoticed:
The Super Political Action Committee (Super PAC), Fairshake, dedicated to supporting blockchain proponents in the political arena, has received a $4.9 million boost from Gemini founders Cameron and Tyler Winklevoss, with each contributing $2.45 million. This follows previous backing from notable entities like Andreessen Horowitz, ARK Invest, Circle, Ripple Labs, and many more.
Investor and staunch Bitcoin advocate Michael Saylor is not considering selling any of MicroStrategy’s Bitcoin holdings in the near future. He points out that the advent of Bitcoin ETFs has paved the way for institutional investors, leading to a consistent increase in capital flow into the digital economy each day.
PostFinance, one of Switzerland’s major banks, is stepping into the cryptocurrency world with a service for retail clients, launching on February 21, 2024. The service will allow users to purchase, store, and even set up savings plans for digital assets. Initially, it will offer access to 11 popular cryptocurrencies.
Hack VC, a U.S.-based venture capital firm, has successfully amassed $150 million for investments in digital asset-related projects. The company is setting its sights on early-stage startups, with a portion of its team already operating from its New York base.
The Democratic Party of South Korea, currently in the opposition, has pledged to grant citizens the right to invest in spot Bitcoin ETFs through individual savings accounts, Seoul Economy Daily reports.
American company Recogni, renowned for developing technologies for autonomous vehicles, has raised $102 million in funding to venture into the creation of chips for generative AI. The investment round featured contributions from entities such as Celesta Capital, HSBC Holdings, and business figures from Saudi Arabia — Tasaru Mobility Investments.
Law enforcement agencies have restricted access to the website of the notorious LockBit ransomware, which became the leading type of attack among similar cyber threats in 2022.
In China, local governments and law enforcement agencies warned the public against illegal fundraising activities masked as lucrative crypto investments.
Researchers found that emojis expressing positive emotions in social media posts can predict upward trends in the cryptocurrency market.
The Groq chatbot, harnessing the power of the Mixtral AI model, has impressively outpaced OpenAI’s ChatGPT in terms of query processing and response generation speeds.
Asset management firm AllianceBernste posits that Ethereum (ETH) might be the only cryptocurrency to follow Bitcoin in receiving the green light from the U.S. Securities and Exchange Commission (SEC) for the launch of an exchange-traded fund (ETF). Analysts from the firm estimate a 50% chance of an Ethereum ETF being approved by May 2024, with the likelihood nearing 100% by the end of the year.
North Korean hackers are now leveraging artificial intelligence to orchestrate more complex cyberattacks targeting military, infrastructure, and financial entities, including crypto projects. This advancement has been acknowledged by AI developer OpenAI, Microsoft, and the South Korean government, which consistently monitors attempts to infiltrate its public sector employees.
A Canadian court has ordered Air Canada to partially refund the cost of tickets ($482) and pay the legal fees of Jake Moffatt due to misleading information provided by the airline’s AI chatbot. The client sought discounted tickets due to a family death and consulted the AI for details.
At a recent court hearing, Daniel DeMorgan, Craig Wright’s sister, made a striking claim: she recalled seeing Wright dressed as a ninja and later working amidst numerous computers. According to her, this experience confirms that her brother is none other than Bitcoin’s creator, Satoshi Nakamoto.
The Uniswap Foundation has revealed that Uniswap V4, the upcoming version of its decentralized exchange protocol, is expected to go live on the mainnet in the third quarter of 2024, post the Dencun update on Ethereum.
Cybersecurity experts at Singapore’s Group-IB have uncovered GoldPickaxe, a new trojan preying on iOS users. The trojan harvests a range of data, from personal and financial details to biometric information, later used in AI-generated deepfakes.
Apple has dedicated the last year to the development of an AI coding tool. This new instrument, aimed at surpassing Microsoft’s Copilot, will become part of the Xcode programming software. Xcode is used for creating applications across all major Apple systems: macOS, iOS, watchOS, and tvOS.
JPMorgan bank analysts suggest that the US Department of Treasury’s Office of Foreign Assets Control (OFAC) may wield certain influence over Tether, the issuer of the USDT stablecoin. For example, it could enforce compliance with sanctions and restrictions regarding various projects, individuals, and nations.
OpenAI has introduced a new neural network named Sora, capable of generating high-quality videos up to one minute long based on textual prompts. Initially, this technology will undergo testing by a select group of users, including researchers and artists, before being rolled out to the general public.
Crypto Kaleo is a renowned crypto trader and one of the most followed influencers in the industry. Active since 2017, he has built a strong presence on X, TradingView, and other platforms, sharing technical analysis, market predictions, and insightful commentary on the crypto space.
Are sky-high Ethereum fees getting you down? The folks at Zora have come up with an alternative, introducing their Layer 2 solution with lower transaction fees. This article will walk you through how to get involved with the project and earn some rewards.