Bitcoin (BTC) headed toward $28,000 support after the May 1 Wall Street open as markets digested fresh United States banking jitters. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Suspicions mount over First Republic contagion Data from Cointelegraph Markets Pro and TradingView showed BTC/USD dropping to multi-day lows at the time of writing. The pair continued
Month: May 2023
JPMorgan Chase emerged as the winner in the auction to acquire the deposits and a “substantial majority of assets” of the troubled bank First Republic. This marked the failure of the third regional bank in the United States since March and laid open the vulnerabilities in the legacy banking system. Meanwhile, Bitcoin (BTC) has risen
Gary Gensler, the United States Securities Exchange Commission (SEC) chair, recently appeared before the U.S. House of Representatives Financial Services Committee for a hearing regarding his leadership of the regulatory agency. The hearing, with Gensler as the only witness, promised to be unpleasant for the SEC chair, with the federal agency’s actions during Gensler’s leadership
Litecoin fell below the $90.00 level on Monday, as sentiment in cryptocurrency markets remained mostly bearish. The global market cap is down 1.87% at the time of writing, which seems to be a result of the upcoming Federal Reserve interest rate decision. Solana was also in the red today. Litecoin (LTC) Litecoin (LTC) was down
Your biweekly roundup of cool AI stuff and its impact on society and the future. The past two months have seen a Cambrian explosion in the capabilities and potential of AI technology. OpenAI’s upgraded chatbot GPT-4 was released in mid-March and aced all of its exams, although it’s apparently a pretty average sommelier. Midjourney v5
When Horizon Forbidden West, Guerrilla Games’ sweeping post-post-apocalyptic epic sci-fi action RPG, came out in February last year, its highs and lows embodied the double-edged sword of video gaming. Its next-gen graphical fidelity, dynamic combat sandbox, and ambitious open world design were all dimmed by the lack of an emotional core. Not for a lack
Lionel Bonaventure | Afp | Getty Images Soaring investment from big tech companies in artificial intelligence and chatbots — amid massive layoffs and a growth decline — has left many chief information security officers in a whirlwind. With OpenAI’s ChatGPT, Microsoft‘s Bing AI, Google‘s Bard and Elon Musk’s plan for his own chatbot making headlines,
watchOS 10 is expected to be unveiled next month, at the company’s Worldwide Developers Conference (WWDC) in June. Ahead of the upcoming update for eligible Apple Watch models, details of changes to the operating system for its smartwatches have surfaced online. The Cupertino company is said to introduce an interface with widget-focussed design, showing as
May 01, 2023Ravie Lakshmanan An analysis of over 70 billion DNS records has led to the discovery of a new sophisticated malware toolkit dubbed Decoy Dog targeting enterprise networks. Decoy Dog, as the name implies, is evasive and employs techniques like strategic domain aging and DNS query dribbling, wherein a series of queries are transmitted
Amazon Great Summer Sale May 2023 is set to begin on May 4 for Amazon Prime subscribers, a day before the ecommerce giant’s biggest sale of the season opens for all customers. The company will offer several deals, discounts, and offers across a variety of product categories including smartphones, laptops, TVs and appliances, and Amazon-branded
Garmin launched a series of new smartwatches in India on Sunday. The models released include the Garmin Forerunner 965, the Garmin Forerunner 265 Music, and the Garmin Forerunner 265S Music. All three models are available online as well as in exclusive offline retail stores across the country. Among the new launches, the Garmin Forerunner 965
Elon Musk on Saturday announced a plan for his Twitter platform to allow media publishers to charge users on a per-article basis with a single click. “This enables users who would not sign up for a monthly subscription to pay a higher per article price for when they want to read an occasional article,” the
A Coinbase executive claims to have discovered a “jailbreak” for artificial intelligence tool ChatGPT, allowing it to calculate the probability of bizarre crypto price scenarios. The crypto exchange’s head of business operations and avid ChatGPT user Conor Grogan shared a screenshot of the results in an April 30 Twitter post — showing that ChatGPT states
Block, a financial services and technology company owned by former Twitter CEO Jack Dorsey has announced it has completed the prototype design of its new five-nanometre (5nm) Bitcoin (BTC) mining chip — which it claims is key to decentralizing the supply of Bitcoin mining rigs. According to a blog post published on April 28, Block
Immutable is a game development platform that simplifies building Web3 games on the Ethereum blockchain. Headquartered in Sydney and co-founded in 2018 by James Ferguson, Robbie Ferguson and Alex Connolly, this leading Web3 gaming platform is focused on a mission to bring digital ownership to players by making it easy to build Web3 games for
The American banking giant JP Morgan Ch is set to acquire all the assets of First Republic Bank (FRC) after early efforts to rescue it failed. JPMorgan, along with multiple other banks, submitted a bid to acquire the assets of troubled FRC on April 29. The California Department of Financial Protection and Innovation closed FRC