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This week in AI: Meta releases Llama 3.1, OpenAI announces SearchGPT, FCC proposes new rules for AI in political ads
27/07/2024

This week in AI: Meta releases Llama 3.1, OpenAI announces SearchGPT, FCC proposes new rules for AI in political ads

Meta has unveiled its open-source AI model, Llama 3.1, while July 25 marked the release of OpenAI's AI search tool, SearchGPT, and the FCC's proposed rule for AI political advertisements.

Singapore, US to strengthen bilateral cooperation in new emerging tech and AI
27/07/2024

Singapore, US to strengthen bilateral cooperation in new emerging tech and AI

Singapore and the United States are exploring the use of LLMs in defense applications and the best way to manage data and use analytics with AI to defend their national sovereignty.

Amazon tests AI-powered ‘App Studio’ to assist users build enterprise apps
27/07/2024

Amazon tests AI-powered ‘App Studio’ to assist users build enterprise apps

The AI-powered AWS App Studio allows users to rely on natural language to build advanced applications in minutes, a feat that previously took skilled developers days to design.

Beyond expectations: Recapping the London Blockchain Conference 2024
26/07/2024

Beyond expectations: Recapping the London Blockchain Conference 2024

The events that transpired during the London Blockchain Conference 2024 resonate to this day, with CoinGeek reporter Claire Celdran recapping the learnings and bonds shared during the three-day event.

Meta reins in metaverse ambitions, cuts budget by 20%
26/07/2024

Meta reins in metaverse ambitions, cuts budget by 20%

Meta has instructed Reality Labs to cut its budget by 20% by 2026, just weeks after reorganizing its metaverse division and laying off some senior staff.

UK fines Coinbase £3.5M for ‘repeated and material breaches’ of financial crime controls
26/07/2024

UK fines Coinbase £3.5M for ‘repeated and material breaches’ of financial crime controls

The FCA fined a £3.5 million (US$4.5 million) penalty on Coinbase's CB Payments Limited for "repeatedly breaching a requirement that prevented the firm from offering services to high-risk customers."

India in need of simplifying user verification process to bolster digital payments
26/07/2024

India in need of simplifying user verification process to bolster digital payments

While India has witnessed a surge in digital payments, the country’s KYC procedure continues to be cumbersome, especially for the elderly, poor, and migrants.

Block Dojo Philippines cohort 2 looks at real-world issues that could be solved with blockchain
26/07/2024

Block Dojo Philippines cohort 2 looks at real-world issues that could be solved with blockchain

Johannes Cortez, Clarice Cabanlit, and Jynon Mapa joined Block Dojo Philippines' three-month venture building program to show how blockchain can be used in real-world problems.

Russia cautiously warms up to digital asset payments as Putin warns of power disruptions
26/07/2024

Russia cautiously warms up to digital asset payments as Putin warns of power disruptions

Russia’s AML chief called on the government to accelerate the development of digital asset payment infrastructure in international payments amid global sanctions.

Japan’s DeCurret starts production testing for DCJPY tokenized deposit platform
26/07/2024

Japan’s DeCurret starts production testing for DCJPY tokenized deposit platform

DeCurret announced DCJPY in October 2023, with the Internet Initiative Japan set to use tokenized deposits to pay for renewable energy certificates for members.

Nvidia set to launch new AI chip for Chinese market amid trade embargo: sources
26/07/2024

Nvidia set to launch new AI chip for Chinese market amid trade embargo: sources

Trade restrictions won't keep Nvidia from continuing its partnership with China, with sources claiming the tech giant is preparing a new AI chip tailored explicitly for the Chinese market.

India’s UPI expands partnership in Paris ahead of Olympic Games
25/07/2024

India’s UPI expands partnership in Paris ahead of Olympic Games

India’s NIPL, a wholly-owned subsidiary of the NPCI, has partnered with Lyra to enable acceptance of the Unified Payments Interface at Galeries Lafayette’s flagship store in Haussmann, Paris.

Meta to halt AI releases in EU due to ‘unpredictable’ regulations
25/07/2024

Meta to halt AI releases in EU due to ‘unpredictable’ regulations

Meta joins Apple in blackballing EU users, but unlike the iPhone maker’s anti-competitive reasons, it’s concerned about using public data to train AI.

sCrypt: Ordinals oracle
25/07/2024

sCrypt: Ordinals oracle

This tutorial will guide users through the process of using the WitnessOnChain oracle to validate transaction inputs referencing UTXOs containing Ordinals NFTs and BSV20 tokens.

FSB paper tackles stablecoin risks to emerging markets, developing economies
25/07/2024

FSB paper tackles stablecoin risks to emerging markets, developing economies

The Financial Stability Board paper focused on what it refers to as global stablecoins, which are stablecoins that could be widely used as a means of payment or store of value across multiple jurisdictions.

India’s lack of quality data, AI infrastructure pose hurdles in mitigating climate change: experts
25/07/2024

India’s lack of quality data, AI infrastructure pose hurdles in mitigating climate change: experts

India may have joined the race in advancing AI to achieve its SDG goals and mitigate climate change, but experts said several issues must be addressed first to harness the tech's full potential.

Singapore reinforces fintech hub bid with AI, quantum computing at its helm
25/07/2024

Singapore reinforces fintech hub bid with AI, quantum computing at its helm

Singapore pours $74.3 million into investing in AI and quantum computing technologies as part of its grand vision to propel innovation in the financial sector.

8th Fintech Revolution Summit in Manila highlights various fintech innovations
25/07/2024

8th Fintech Revolution Summit in Manila highlights various fintech innovations

Traicon returns to Manila to host another Fintech Revolution Summit, acknowledging that the Philippines is shaping its way to becoming the next financial hub in Asia.

Fujitsu, Cohere eye release of AI solution for enterprises in September
25/07/2024

Fujitsu, Cohere eye release of AI solution for enterprises in September

Takane, a localized LLM catering Japanese enterprises, will reportedly focus on giving enterprises heightened security and can contribute to business efficiency while addressing the issue of hallucinations.

Davao to host inaugural event of PBWx Series on July 30
25/07/2024

Davao to host inaugural event of PBWx Series on July 30

Supported by the DCCCI, DCICP and the DICT, ChainReact aims to unite industry leaders, innovators, and enthusiasts in driving digital transformation in the region.

Are 3D NFTs & tradeable Bitcoin locks the future? Join us Friday to speak with SEMO creator about metaverse, 3D modeling...
24/07/2024

Are 3D NFTs & tradeable Bitcoin locks the future?

Join us Friday to speak with SEMO creator about metaverse, 3D modeling, Layer 1 smart contracts & more 💬

𝗦𝗲𝘁 𝗿𝗲𝗺𝗶𝗻𝗱𝗲𝗿 🔔 https://x.com/i/spaces/1mrxmMqYnEQxy

Jordan launches national blockchain network
24/07/2024

Jordan launches national blockchain network

Known as MODEE DLT, the new network will be integrated into the country’s digital identity network Sanad to provide digital records of all transactions.

FYX Gaming to close the gap between early adopters and early majority with Q2 unveiling
24/07/2024

FYX Gaming to close the gap between early adopters and early majority with Q2 unveiling

FYX Gaming announces a revamped version of flagship game, Cryptofights, toppling the divide between Web2 and Web3 gamers, while its FYX Gateway will bring offline game items into the tokenized world.

The ‘Trump Pump’ and BTC’s newfound utility as a political asset
24/07/2024

The ‘Trump Pump’ and BTC’s newfound utility as a political asset

In his previous reign, Donald Trump vowed several things that the public never saw materialized; Now, he is pledging support for Bitcoin in his re-election bid, but will he be able to follow through with it?

India’s budget boosts startup, e-commerce ecosystem; silent on digital assets
24/07/2024

India’s budget boosts startup, e-commerce ecosystem; silent on digital assets

India's finance minister abolished the 'angel tax' but remained silent on requests from the digital asset industry to lower taxation as she presented the Budget 2024-2025 in Parliament on July 23.

Wright’s legal losses shift focus to BSV Blockchain’s superior technology
24/07/2024

Wright’s legal losses shift focus to BSV Blockchain’s superior technology

Craig Wright’s legal loss and his subsequent withdrawal from the limelight has removed a major impediment to people focusing on BSV’s technology rather than the personalities behind it.

Unlocking potential: How Bataan is shaping the next wave of blockchain tech innovation
24/07/2024

Unlocking potential: How Bataan is shaping the next wave of blockchain tech innovation

The second cohort of the Block Dojo Philippines, who were in Bataan for the venture builder’s bootcamp activities, got to witness the province's projects and dive into its local startup scene.

Papua New Guinea joins CBDC race, taps Soramitsu to lead development efforts
24/07/2024

Papua New Guinea joins CBDC race, taps Soramitsu to lead development efforts

Following the Solomon Islands, Palau, and the Marshall Islands, PNG has sought the aid of Soramitsu in its foray into CBDC, which it sees as a potential tool for tackling financial crimes.

23/07/2024

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CoinGeek is the authority on blockchain tech, focusing on the scalable version of , the BSV blockchain.

CoinGeek provides timely news on the latest developments in the industry and features the brightest and most creative minds in the community to give you the best insights on the current state and direction of the technology.

He's back!  ASK KURT ANYTHING 💬⁉️ Join us for the CoinGeek Weekly Livestream with Kurt Wuckert Jr. today at 2 PM EST Set...
23/07/2024

He's back! ASK KURT ANYTHING 💬⁉️

Join us for the CoinGeek Weekly Livestream with Kurt Wuckert Jr. today at 2 PM EST

Set reminder 🔔 https://youtube.com/live/wUMvGJJLuno

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