Crypto Trading Platform Kraken Sued by US SEC, Company CEO Denies Allegations

[ad_1] Kraken, the crypto trading platform based in the US, has found itself under legal scanner in the US. The Securities and Exchange Commission (SEC) of the US has sued Kraken for operating its business without having registered it officially. The next few days could be tumultuous for the international crypto sector with this probe … Read more

US Govt Could Be World’s Largest BTC Reserve Owing to Seizures from Silk Road, Bitfinex Hack

[ad_1] Bitcoin holdings in the US Treasury has risen exponentially in recent years, making the US government reportedly the largest BTC reserves in the world. Owing to three big seizures from criminal cases, the US Treasury is estimated to be in possession of at least 194,188 BTC tokens. Presently, with Bitcoin trading at the price … Read more

Baidu, ByteDance, Other Chinese Firms Launch ChatGPT-Like Chatbots to Public

[ad_1] Five Chinese tech firms, including Baidu and SenseTime Group, on Thursday launched their artificial intelligence (AI) chatbots to the public after receiving government approval, as China’s government pushes to widen the use of such products amid competition with the United States. Baidu, China’s leading online search provider, said in a statement that its ChatGPT-like chatbot, … Read more

OpenAI Introduces ChatGPT Version for Large Business With More Security

[ad_1] Artificial intelligence leader OpenAI said on Monday it is releasing a version of ChatGPT targeted to large businesses, increasing the overlap in what OpenAI and its financial backer Microsoft offer to customers. ChatGPT Enterprise offers more security, privacy and higher-speed access to OpenAI’s technology, the company said. Early customers include Block, Carlyle and Estee … Read more

Huawei Said to Be Building Secret Chip Network Across China to Skirt US Sanctions: Report

[ad_1] Huawei Technologies is building a collection of secret semiconductor-fabrication facilities across China to let the company skirt US sanctions, a Washington-based semiconductor association has warned, Bloomberg News reported on Tuesday. The Chinese tech giant moved into chip production last year and is receiving an estimated $30 billion (roughly Rs. 248,800 crore) in state funding … Read more

US FTC to Probe Qualcomm’s Israeli Chipmaker Autotalks Aquisition Deal: Report

[ad_1] The US Federal Trade Commission (FTC) is expected to open an in-depth probe on Wednesday of Qualcomm’s purchase of Israeli auto-chip maker Autotalks, Politico reported on Tuesday, citing people familiar with the matter. In May, Qualcomm had said it would acquire Israel’s Autotalks, a maker of chips used in crash-prevention technology in vehicles, but … Read more

Cryptocurrency Exchanges in the SEC’s Crosshairs: Safeguarding Investor Interest Amid the Web3 Evolution

[ad_1] The financial industry has long been an essential component of the world economy, promoting development, capital investment, and wealth accumulation. However, over the years, the way we interact with financial institutions has changed as a result of technology advancements. One such innovation that has gained a lot of traction is cryptocurrencies. In what first … Read more

Close to Half of Americans Favour TikTok Ban, Shows Poll

[ad_1] Close to half of American adults support a ban on the Chinese-owned social media app TikTok, according to a new Reuters/Ipsos survey that also asked questions about national security concerns and China. TikTok, owned by Chinese tech giant ByteDance and used by tens of millions of Americans, has faced calls from US lawmakers for … Read more