Philippines Tests Peso-Backed Stablecoin, Eyes Future Financial Innovations
May 13, 2024 15:57 pm UTC| Technology Digital Currency
In a groundbreaking initiative, the Bangko Sentral ng Pilipinas has commenced sandbox testing for the PHPC, a stablecoin pegged 1:1 to the Philippine peso. This pilot, a collaboration with Coins.ph, aims to evaluate the...
El Salvador Launches $360M Bitcoin Treasury Monitoring Site
May 13, 2024 15:52 pm UTC| Technology Digital Currency
El Salvador was the first country to accept Bitcoin as legal cash in 2021, and it now has over 5,700 BTC. Details of El Salvadors Bitcoin Monitoring Platform El Salvador has developed its proof-of-reserves website,...
US and China Convene in Geneva to Tackle AI Risks
May 13, 2024 15:30 pm UTC| Technology
Geneva will witness significant discussions between U.S. and Chinese representatives focusing on the escalating risks associated with artificial intelligence technologies, highlighting the critical need for cooperation to...
South Korea, China's AliExpress, and Temu Forge Critical Safety Pact
May 13, 2024 14:48 pm UTC| Technology Business
South Korea and Chinas leading e-commerce platforms, AliExpress and Temu, are forming a pact to enhance safety standards across online markets. Rising safety concerns spark the move. Role of AliExpress and Temu in...
OpenAI's Sam Altman Proposes 'Universal Basic Compute' as AI Job Threat Looms
May 13, 2024 12:31 pm UTC| Technology Business
At a recent podcast appearance, OpenAIs CEO Sam Altman discussed universal basic compute, a radical idea that aims to change how we interact with AI technology. UBI to Universal Basic Compute: Altmans New Proposal In...
Billionaire Mark Cuban Urges SEC to Emulate Japan's Crypto Strategy Amid Regulatory Challenges
May 13, 2024 06:51 am UTC| Technology Digital Currency
In a revealing social media post, billionaire Mark Cuban called SEC Chairman Gary Gensler to consider adopting Japans cryptocurrency regulatory framework. Cuban highlighted Japans recovery from major setbacks like the Mt....
What Silicon Valley's Elite Say About the Future of Crypto
May 13, 2024 05:47 am UTC| Technology Digital Currency
The high-tech industry continues to aggressively advance in the blockchain industry, proposing and developing new solutions that improve and make Web3s goods more usable by both general consumers and sophisticated industry...
South Africa’s plan to move away from coal: 8 steps to make it succeed
Germany lowers voting age to 16 for the European elections
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects