News

Taiwan central bank starting wholesale CBDC trials, but not in a rush to launch
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12 July, 2024

Taiwan central bank starting wholesale CBDC trials, but not in a rush to launch

Despite Governor Yang Chin-long's protestations that central bank digital currency development is not a race, Taiwan seems to be steadily...
Google’s new AI training technique is 13 times faster
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12 July, 2024

Google’s new AI training technique is 13 times faster

Google says its JEST approach is also 10 times more efficient than existing techniques, with AI energy costs expected to...
Ant Group’s blockchain units increased registered capital to $500M
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12 July, 2024

Ant Group’s blockchain units increased registered capital to $500M

The two units that Ant Group relied on for its blockchain ventures, including its local brand AntChain, increased capital for...
WHO asserts AI’s capability to transform global health amid risks
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11 July, 2024

WHO asserts AI’s capability to transform global health amid risks

Acknowledging the dangers posed by AI, the World Health Organization also reiterates the tech’s capability to support the global healthcare...
China strikes deal with Kazakhstan on cross-border CBDC
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11 July, 2024

China strikes deal with Kazakhstan on cross-border CBDC

With an ambition to transform the cross-border payments ecosystem, China partners with Kazakhstan in exploring CBDCs, which comes at the...
Tether fuels Cambodian digital marketplace that fuels ‘pig butchering’ scams
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11 July, 2024

Tether fuels Cambodian digital marketplace that fuels ‘pig butchering’ scams

Elliptic reported on Huione Guarantee, a digital marketplace that has become a hub for ‘pig butchering’ scams, and Tether's USDT...