News

Indonesia forms digital asset regulatory committee as investors hit 20 million
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16 May, 2024

Indonesia forms digital asset regulatory committee as investors hit 20 million

The commodities watchdog has formed the ‘Crypto Asset Committee’ to oversee the sector, comprising of regulators, academics, exchanges, and other...
Google DeepMind’s third iteration to assist scientists with drug synthesis, disease prediction
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16 May, 2024

Google DeepMind’s third iteration to assist scientists with drug synthesis, disease prediction

Google DeepMind is making headways in the pharmaceutical and healthcare sectors with its AlphaFold, an AI model that would reduce...
AI spending takes up 10% of IT budgets of big tech firms: research
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15 May, 2024

AI spending takes up 10% of IT budgets of big tech firms: research

Big tech firms are on course to allocate up to 10% of their annual budget to AI, but AI spending...
EU body mulls including digital currency ETFs in UCITS for retail investors
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15 May, 2024

EU body mulls including digital currency ETFs in UCITS for retail investors

For the first time since 2007, the European Securities and Markets Authority (ESMA) is reviewing which assets might be appropriate...
Code is not law: Tornado Cash co-founder gets 64 months for money laundering
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15 May, 2024

Code is not law: Tornado Cash co-founder gets 64 months for money laundering

Alexey Pertsev was accused of allowing criminals to launder US$1.2 billion worth of the Ethereum network’s ETH token through the...
India’s Ministry of External Affairs offers support to AI initiatives, other technologies
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15 May, 2024

India’s Ministry of External Affairs offers support to AI initiatives, other technologies

India's Ministry of External Affairs plans to support the country's artificial intelligence drive, geospatial technologies, and space sector initiatives.