AI tokens surge ahead of ‘Super Bowl’ Nvidia earnings report
Artificial intelligence-based crypto assets have surged as much as 70% in the past seven days as all eyes fall on Nvidia’s incoming earnings report.
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OpenAI CEO highlights South Korean chips sector for AI growth, willing to invest
Sam Altman, ChatGPT-maker and CEO of OpenAI, who met with South Korean President Yoon Suk Yeol on June 9, urged South Korea to play a leading role in making the chips needed for artificial intelligence (AI) technology while expressing interest to invest in Korean startups and collaborate with bigger chipmakers like Samsung Electronics. According to local…

Bitcoin transaction value hits yearly high with $25B moved
Bitcoin holders moved over 367,000 BTC on May 18, worth over $25 billion, recording a yearly high in the value of Bitcoin transactions.

A green revolution in crypto mining? Industry answers wake-up call
After having been hailed as a champion of sorts by many within the global digital asset market, Tesla CEO Elon Musk dropped a bombshell on the crypto community earlier in May, backtracking the company’s decision to start accepting Bitcoin (BTC) as a means of payment for various automotive sales. The reason cited was that Bitcoin…

Cryptocurrency is ‘pure trading instrument,’ hedge fund CEO says
Hedge funds are adopting crypto investments, but one asset manager says it is all a speculative play. 474 Total views 3 Total shares Not all hedge fund managers are sold on crypto as Man Group CEO Luke Ellis has compared cryptocurrencies to tulip bulbs.Speaking to the Financial Times, Ellis remarked that the utility of crypto…

OpenAI’s Sora text-to-video tool leaked by aggrieved beta testers
A group of artists and early testers leaked access to OpenAI’s unreleased Sora tool, claiming to have been exploited in its research and development phase.

Financial institutions face rising threat from sophisticated AI fraud
Many financial institutions are struggling to keep up with the rising sophistication of AI-driven fraud, creating a critical need for enhanced detection and prevention methods.

Value DeFi protocol hacker flooded with sob stories after returning $95K DAI
On Nov 14, an unknown party exploited flash loans via the decentralized finance protocol Value DeFi to the tune of $5.4 million. A number of individuals have received a portion of their stolen funds back, however, after pleading with the hacker using input data on the Ethereum blockchain.According to data from Etherscan, the hacker sent…

Uniswap V2 Launches With Increased Security, But It Is Still Expensive
The second iteration of the Ethereum decentralized exchange Uniswap V2 exchange was launched on May 18, which follows a March 23 announcement that placed its launch in Q2 2020.A blog post written by the Uniswap team details the steps taken to transition to the new platform.Uniswap V1 will continue to exist as it cannot be…