Elon Musk voices support for sweeping AI safety regulations
Musk said he was pro-AI regulation “just as we regulate any product/technology that is a potential risk to the public.”
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Bitcoin price drops to lowest since May as Ethereum market trades at 18.4% loss
Bitcoin (BTC) saw further losses on June 12 as thin weekend trading volumes fueled an ongoing sell-off.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewAnalyst likens risk asset 'pump' to 1929Data from Cointelegraph Markets Pro and TradingView showed BTC/USD hitting lows of $27,150 on its sixth straight day of downside.With hours to go until the weekly close,…
Italian digital payments firms merge to create $17.6B fintech group
Italian rivals Nexi and Sia have finalized a merger to create a fintech giant that can compete in an increasingly consolidated European market. Italy's largest payments firm Nexi has struck a deal with its rival, SIA, to create a digital payments behemoth with a market cap of 15 billion euros ($17.6 billion). It's estimated the…
Tom Lee: Like FAANG Stocks, BTC Will Hit $25K Due to ‘Network Value’
Fundstrat’s Tom Lee believes Bitcoin (BTC) will accrue price value following a similar logic to the Silicon Valley tech titans.During an interview for CNBC’s Street Signs Asia on show on Nov. 15, Lee argued that cryptocurrencies “are network value assets” — and share this with the world’s most successful tech stocks.“Network value assets”Lee — a…
South Korea faces strict crypto regulation and fears of centralization
From real-name account trading to investigating individuals using cryptocurrencies to evade taxes, government officials in South Korea are enacting stricter regulations to oversee the cryptocurrency industry in the country. These measures often require digital currency businesses to provide detailed customer data and transaction information to the relevant authorities.With these stringent measures often comes an increase…
5 entry-level machine learning jobs
Discover the required skills, degree qualifications, job opportunities and industries where entry-level machine learning roles are in demand. The area of machine learning, which is quickly expanding, uses statistical methods and data analysis to teach computers how to learn and make predictions or judgements without being explicitly programmed. There is a rising need for employees with…
WeWork founder reinvents himself with $70M crypto carbon credit platform
Three years after being ousted as CEO of WeWork, Adam Neumann has jumped on the crypto bandwagon, raising $70 million in the first major funding round for his climate tech venture Flowcarbon.The project aims to make carbon trading more accessible by putting carbon credits on the blockchain. Neumann is an Israeli-American businessman and investor famous…
EToro and The Tie to Track Crypto Sentiment on Twitter for Investors
The social trading and investing platform eToro has partnered with analytics and finance management startup The Tie to launch a sentiment-based analytical tool to track people’s perception of cryptocurrencies.EToro unveiled the new strategy, dubbed TheTIE-LongOnlyCopyPortfolio, in an official announcement on Oct. 15.The strategy analyzes digital currency-related conversations, processing 850 million tweets every day by means…
AMD reveals new AI chip challenging Nvidia’s dominance
With its CDNA architecture and 192 GB memory capacity, the M1300X by AMD accommodates larger AI models. 348 Total views 11 Total shares On June 13, Advanced Micro Devices (AMD) revealed new details about an artificial intelligence (AI) chip that could challenge market leader Nvidia.The California-based AMD said its most-advanced graphics processing unit (GPU) for…