Q2 earnings: AI sector enters flat spin as consumer disinterest in chatbots intensifies
Despite unbridled optimism and massive spending, generative AI is still a solution looking for a problem.
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US senator pushes tech companies to label AI-generated content
United States Senator Michael Bennet wrote a letter to major tech companies, including OpenAI and Google, to urge the labeling of AI-generated content. United States Senator Michael Bennet has urged tech companies to label AI-generated content and monitor any misleading content produced by artificial intelligence (AI). In a June 29 letter sent to executives of major…

P2P Crypto Trading Volume Increased 2800% in South Africa, Says Paxful
Peer-to-Peer (P2P) cryptocurrency trading platform Paxful has seen 2,800% more trades in South Africa this month compared to October 2018.Demand for crypto sharply increases in S.A.Paxful announced the growth of its South African user base in a blog post published on Oct. 28. In the post, the company also notes that Johannesburg, Pretoria and Cape…

United Arab Emirates Ministry of Health Launches Blockchain System
United Arab Emirates’ (UAE) Ministry of Health and Prevention (MoHAP) launched a blockchain system for recording and sharing information of healthcare workers in health facilities.The official news agency of the UAE reported the development on Sept. 18, noting that the system aims to improve data integrity.A healthcare data sharing solutionPer the report, the platform will…

UAE’s proactive regulations fuel real-world asset tokenization boom
Real-world asset (RWA) tokenization is gaining momentum in the United Arab Emirates (UAE) as industry players position themselves to meet increasing demand for blockchain-based asset trading. RWA tokenization involves minting financial and other tangible assets into blockchain-based tokens, increasing accessibility and liquidity for traditionally illiquid assets. On Feb. 3, onchain RWAs rose to a cumulative

UK publishes plans for stablecoins regulation
Non-fiat-backed stablecoins will not be allowed into regulated payment chains. 348 Total views 2 Total shares The United Kingdom government has published an update to its plans to regulate fiat-backed stablecoins. The document, published on Oct. 30, aims to facilitate and regulate the use of fiat-backed stablecoins in U.K. payment chains.According to the document, His

Proposed digital euro designs lack privacy options, ECB presentation shows
Transactions via the EU’s prospective CBDC could be transparent to intermediaries, as any non-crypto digital transactions are. 169 Total views 22 Total shares Next to the fears of government overreach that the European Union’s ambitious digital euro project stirred, the main concern of the public is the prospective currency’s privacy framework. It appears that this…

Price Analysis 02/08: BTC, ETH, XRP, LTC, BCH, BNB, EOS, BSV, XLM, ADA
The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph. Every investment and trading move involves risk. You should conduct your own research when making a decision.Market data is provided by the HitBTC exchange.Fundstrat Global Advisors co-founder Tom Lee expects Bitcoin to reach $20,000 this…

Nano seeks $700K in costs from plaintiff who dropped class action with ‘absurd’ claims
The ongoing Nano saga has taken another twist with a token holder dropping his case. 292 Total views 3 Total shares An ongoing lawsuit involving crypto project Nano has taken another turn this week when the developers sought a sanction after the plaintiff dropped the case.The Nano team is after $701,000 in attorney fees and…