OpenAI said the startup fund initiative is an effort to do its part to help push the boundaries of applied AI in essential domains. OpenAI has opened applications for the second cohort of its six-week program for artificial intelligence (AI) startups, Converge 2, through which it will invest $1 million into each of the 15...Continue Reading

Fifty-six percent of survey respondents said that the complexity of implementation is the largest hurdle to launching a crypto solution. While a large majority of enterprises are embracing crypto solutions, institutional players also recognize the challenges of adopting this new technology, according to a report from crypto firm Paxos. Paxos surveyed 400 executives from United...Continue Reading

Stealth addresses in cryptocurrencies act like secret codes for transactions, providing enhanced privacy by generating unique addresses for each payment. The purpose of crypto stealth addresses is to enable privacy for each transaction, concealing the recipient’s identity and transaction history. Crypto stealth addresses are a privacy-enhancing feature in blockchain technology that lets users receive money...Continue Reading

The white paper states that CBDCs help expand financial inclusion, streamlining cross-border payments and reinforcing monetary policy control. Ripple has doubled down on its public support for central bank digital currencies (CBDCs) in a new white paper. The 23-page document was released by the blockchain-based digital payments company on Dec. 14. In the document, Ripple...Continue Reading

Bitcoin stands to enjoy further relief if its standard relationship to DXY weakness holds firm, as the dollar shrinks on Fed “pivot” bets. Bitcoin (BTC) may enjoy a familiar tailwind in the coming weeks and even beyond if new macro forces continue to play out. In a post on X (formerly Twitter) on Dec. 14,...Continue Reading

According to the report, specific AI tools are highly technical and complex, posing challenges for institutions to explain or monitor them effectively. A panel of regulators warned on Dec 14 that the rapid adoption of artificial intelligence (AI) could create new risks for the United States’ financial system if the technology is not adequately supervised....Continue Reading

Under the new taxes, Brazilian citizens will pay up to 15% of profits from crypto to the state. The President of Brazil, Luis Inácio Lula da Silva, has signed a law introducing the taxation of crypto assets held abroad by the country’s citizens.  Lula signed the law on Dec. 12, which was then published the following day...Continue Reading

The explosion of artificial intelligence this year hasn’t escaped the Vatican, with Pope Francis warning of its dangers in a hefty 3,400-word letter ahead of the World Day of Peace on Jan. 1. Over the past year, there’s been no shortage of scientists, tech CEOs, billionaires and lawmakers sounding the alarm over artificial intelligence —...Continue Reading

At current prices, the free BONK airdrop for Saga owners stands at $877, making it — at least temporarily — a “phone that pays for itself.” Memecoin hopefuls have been snapping Solana’s crypto phone in droves after a recent price hike for Solana memecoin Bonk (BONK), which has risen more than 1,100% in the last...Continue Reading

The SEC chair could be softening his stance on Bitcoin ETFs following the Grayscale court victory, but if so, he hasn’t admitted it outright. U.S. Securities and Exchange Commission chair Gary Gensler has hinted that the regulator has been rethinking its approach to spot Bitcoin exchange-traded products following a recent Grayscale court decision. Speaking to...Continue Reading