NEWS
UNESCO and Netherlands Collaborate on Ethical AI Supervision Project for the EU
In an exciting leap towards the ethical development of artificial intelligence, the United Nations Educational, Scientific and Cultural Organization (UNESCO) and the Dutch government have unveiled a groundbreaking project aimed at supervising AI within the European Union. Titled “Supervising AI by Competent Authorities,” this initiative, officially launched on October 5, is set to pave the…
Coinbase’s Web3 Wallet: A Revolution in Institutional Crypto Transactions
Given that Coinbase’s Web3 wallet is an engineering marvel created to enable smooth interactions in the worlds of Web3, DeFi (Decentralised Finance), and NFTs (Non-Fungible Tokens). This cryptocurrency wallet uses MPC (Multi-Party Computation) technology at its core to give institutional clients a safe and user- friendly environment. Customers have access to a wide range of…
Unlocking Saudi Arabia’s Future: How Blockchain Gaming and Web3 Are Shaping Its Economy
Introduction Long dependent on its oil riches, Saudi Arabia is now embarking on a transformational journey towards economic diversification. The kingdom is embracing cutting-edge technology including blockchain, artificial intelligence (AI), and the expanding gaming industry thanks to its ambitious Vision 2030 project. This article analyses Saudi Arabia’s entry into the gaming sector and the country’s…
Vitalik Buterin reveals X account hack was caused by SIM-swap attack
Ethereum co-founder Vitalik Buterin has confirmed that the recent hack of his X (Twitter) account was the result of a SIM-swap attack. Speaking on the decentralized social media network Farcaster on Sept. 12, Buterin said that he has finally recovered his T-Mobile account after the hacker managed to gain control of it via a SIM swap attack….
Luno Exchange to Temporarily Halt Certain UK Client Investments Due to Upcoming FCA Regulations
Luno, a crypto exchange owned by Barry Silbert’s Digital Currency Group (DCG), plans to stop certain UK clients from trading crypto due to regulatory changes that are coming into effect. The new regulations, introduced by the UK’s Financial Conduct Authority (FCA) and expected to come into effect on October 8, means that exchanges with UK customers must…
Crypto Custody Firm Qredo Integrates Circle’s USDC Stablecoin
Cryptocurrency safekeeping firm Qredo has combined Circle’s popular USDC stablecoin with its non-custodial wallet offering. The stablecoin integration also removes the headache of meeting gas fees by allowing USDC to be the ultimate gas fee token on any blockchain, Qredo said on Tuesday. Seamless connection to USDC, the second largest of the USD-pegged stablecoins, is lifeblood to…