The paper titled "Imaginative Intelligence for Intelligent Vehicles: Sora Inspired New Directions for New Mobility and Vehicle Intelligence" by F.-Y. Wang, Q. Miao, L. Li, Q. Ni, X. Li, J. Li, L. Fan, Y. Tian, and Q.-L. Han explores the concept of "Sora" and its impact on the field of intelligent vehicles. The paper was published in the IEEE/CAA Journal of Automatica Sinica, volume 11, issue 4, in April 2024
In the realm of mining, where innovation and progress are paramount, the collision of views serves as a catalyst for profound thinking. It is within these clashes of differing opinions that mining leaders find their voices, unafraid to speak freely and challenge the status quo In the vast landscapes where precious resources lie hidden beneath the earth's surface, mining leaders are tasked with the responsibility of extracting these treasures while minimizing environmental impact
Maya Parbhoe, a presidential candidate in Suriname, has expressed support for Bitcoin and aims to follow the lead of El Salvador in adopting the cryptocurrency as legal tender if she is elected . Parbhoe praised Salvadoran President Nayib Bukele for his audacity in integrating Bitcoin into El Salvador's financial system and prioritizing his country's economic interests
Mt. Gox, once the largest Bitcoin exchange in the world, has recently commenced a $9.4 billion repayment to its creditors . This repayment involves the transfer of over 140,000 Bitcoin (BTC) to an unknown address in multiple transactions . The repayment is part of a plan to address the losses suffered by creditors after Mt. Gox's collapse in 2014 due to a hack
the startup behind You.com is raising $50 million in fresh capital as it seeks to establish a presence in the growing market for AI assistants . The funding round, known as Series B, is expected to value the company, SuSea Inc, at $700 million to $900 million
BITMAIN, a prominent player in the cryptocurrency mining industry, is known for its innovative mining rigs and solutions. While there is no specific information available about a groundbreaking session led by BITMAIN's key players, there have been announcements and developments related to their products and partnerships.
the Ethereum scaling ecosystem has achieved a new milestone by reaching an all-time high in combined transactions per second (TPS) . On June 16, the combined TPS of layer-2 and layer-3 networks registered a total of 246.18 TPS, which translates to an estimated 21.2 million transactions throughout the day
On June 17, blockchain analysis company CertiK reported that the hacker responsible for the $4.3 million Remilia exploit in March had moved the stolen crypto assets to the crypto mixer Tornado Cash . The assets, which included 1,209.5 Ether (ETH) worth about $4.3 million, were traced back to multiple addresses linked to the Remilia hack on March 16
A new law in South Korea mandates that cryptocurrency exchanges conduct regular reviews of token listings in order to enhance user protection . The law, known as the Virtual Asset User Protection Act, will be implemented by July 19, 2024 . Under this law, crypto exchanges are required to follow stricter review guidelines for token listings and review existing listed tokens every six months
Malaysia has recently taken steps to crack down on crypto tax evaders through a special operation called Ops Token. The operation was conducted by Malaysia's Inland Revenue Board (IRB) in an effort to reduce tax revenue leakage from crypto trading .During the operation, 38 personnel from the Royal Malaysia Police and CyberSecurity Malaysia (CSM) raided 10 different locations within the Klang Valley
the co-founder and chairman of Trust Square, a blockchain-focused technology hub, corporate adoption and trust in the cryptocurrency industry are still in their infancy, despite the approval of the first spot Bitcoin exchange-traded funds (ETFs) in the United States . Although the regulatory approval of these ETFs was considered a turning point for the legitimacy of the crypto industry, corporate adoption is still in the amateur league
Mt. Gox, the defunct Bitcoin exchange that suffered a major collapse in 2014, has initiated the distribution of payouts to its creditors. The exchange transferred over 140,000 bitcoin (BTC), valued at around $9 billion, to an unknown address as part of its repayment plans . This movement of a substantial amount of BTC has raised concerns about potential market liquidity and price stability
US spot Bitcoin exchange-traded funds (ETFs) experienced a combined $581 million in net outflows last week, marking the first time in five weeks that these ETFs saw outflows . The outflows were primarily attributed to a more hawkish-than-expected Federal Open Market Committee (FOMC) meeting
A proposed cybersecurity certification scheme (EUCS) for cloud services in the European Union (EU) should not discriminate against Big Tech companies such as Amazon, Google, and Microsoft, according to 26 industry groups across Europe. The European Commission, EU cybersecurity agency ENISA, and EU countries are set to discuss the scheme
Cisco, a U.S. networking equipment maker, has announced its plans to establish a cybersecurity center in Taiwan as part of its Taiwan Digital Acceleration Plan 3.0. The company aims to collaborate with relevant tech associations and the Taiwanese government to enhance threat intelligence and cyber readiness in the country
Reuters article titled "Global central banks recalibrate as the big policy easing of 2024 fizzles", the joint easing of monetary policy that was expected at the end of 2023 has largely fizzled. Major central banks have faced inflation that proved more persistent than expected, as well as economic and wage growth that proved more resilient. This has led to a recalibration of monetary policy by central banks.
the Study of Journalism has found that global concerns about the use of AI in news production and misinformation are growing. This poses fresh challenges to newsrooms that are already struggling to engage audiences
Tesla removed Bitcoin payments citing environmental concerns, but Elon Musk pledged to reinstate them if renewable energy use on the network increased
. However, as of the current information available, Tesla does not appear ready to return to Bitcoin payments anytime soon
According to Bill Gates, support for nuclear power is "very impressive in both parties" in the United States . Gates made this statement during an interview with CBS News on the program "Face the Nation". He expressed confidence that a next-generation nuclear power project, spearheaded by his energy company TerraPower, will continue regardless of the balance of power in Washington
Elevated U.S. interest rates are putting pressure on the U.S. retail sector, leading to mixed performance among retail companies. While some companies have seen their shares soar, many others have been negatively affected by months of tight monetary policy
Bernstein analysts Gautam Chhugani and Mahika Sapra have recently revised their price targets for Bitcoin in their latest market report. According to the report, they predict that Bitcoin will rise to a cycle high of $200,000 by 2025 and reach $1 million by 2033
Financial advisors have been slow to adopt bitcoin exchange-traded funds (ETFs), according to Samara Cohen, BlackRock's chief investment officer of ETF and index investments . While hedge funds and brokerages have been buyers of bitcoin ETFs, registered investment advisors have been more cautious . The concerns of financial advisors regarding bitcoin include its volatile prices and its relatively short track record
The Salvadoran government has introduced a Bitcoin banking law reform to accelerate the inclusion of Bitcoin and other cryptocurrencies in its investment banking sector . This initiative is part of a broader effort to integrate Bitcoin into El Salvador's banking system, following the country's adoption of Bitcoin as legal tender in September 2021
President Joe Biden recently delivered a series of stark warnings about what a potential second term for Donald Trump could entail during a star-studded fundraiser in Los Angeles. He framed the 2024 presidential election as a crucial moment in American history and emphasized the importance of institutions.
The Pectra upgrade combines the Prague and Electra upgrades, focusing on changes to the network execution and consensus layers, respectively . One of the main changes expected in Pectra is the lifting of the staking limit for validators from 32 ETH to 2,048 ETH, a 64-fold increase
The new European Parliament is expected to continue the European Union's relatively supportive policies toward the cryptocurrency industry. The recent elections saw 185 million EU voters from 27 member states participate in choosing the new European Parliament
Former United States President Donald Trump has expressed his intention to take a more favorable stance toward cryptocurrency than the current Biden administration. He has vowed to end President Joe Biden's "war on crypto" if elected
The upcoming strategy meeting on Bitcoin by the Biden administration has generated speculation about the potential impact on the price of BTC. While it is difficult to predict the exact outcome of the meeting and its effect on Bitcoin's price, there are various opinions and analyses available.
Robert Kiyosaki, the author of "Rich Dad Poor Dad," has expressed his frustration with people's reluctance to invest in Bitcoin despite its high prices. He predicts a significant future increase in the price of Bitcoin and urges people to buy it, countering common excuses
Paraguay has recently unveiled a development strategy centered around Bitcoin mining. The Paraguayan Ministry of Industry and Commerce has revealed plans to take advantage of the energy sold to legal Bitcoin mining operations
. This indicates that Paraguay aims to become a top Bitcoin mining hub in Latin America
Shanghai has granted permission for Tesla to conduct a Full Self-Driving (FSD) pilot in the city. This pilot program will involve 10 Tesla vehicles testing the company's most advanced autonomous driving software
. The goal of this pilot is to pave the way for the rollout of Tesla's FSD software in China
Pope Francis has called on global leaders to ensure that artificial intelligence (AI) remains human-centric. In his address at the G7 summit, the Pope emphasized the importance of human decision-making in the use of AI, particularly in relation to weapons and other tools. He warned that relying too heavily on machines for decision-making would deprive humanity of the ability to make choices about their own lives and futures
OpenAI, the artificial intelligence (AI) company, is reportedly considering changing its governance structure to become a for-profit corporation. OpenAI CEO Sam Altman has informed some shareholders about this potential shift. The company is exploring the possibility of becoming a for-profit benefit corporation, a structure that is already being used by rivals such as Anthropic and xAI
Meta Platforms, the parent company of Facebook and Instagram, has announced that it will not launch its Meta AI models in Europe for now. This decision comes after the Irish privacy regulator, the Data Protection Commission (DPC), requested Meta to delay its plan to harness data from Facebook and Instagram users in Europe
the price of Bitcoin (BTC) is predicted to reach $1 million by 2033 and achieve a cycle-high of $200,000 by 2025. Bernstein recently initiated coverage of MicroStrategy, the largest corporate owner of Bitcoin, with an outperform rating and a $2,890 price target
.
Canadian singer Drake is currently facing the possibility of losing $1 million worth of Bitcoin due to his recent bets on the NHL and NBA finals . Drake placed two separate $500,000 bets on the Edmonton Oilers to win the Stanley Cup and the Dallas Mavericks to win the NBA finals . Unfortunately, both teams have been performing poorly in their respective series
Bitfarms, a leading Bitcoin mining company, has announced its expansion into the United States with a new site in Sharon, Pennsylvania . This strategic move comes as Riot Platforms, a rival company, increases its ownership stake in Bitfarms to 14%
CEO of Tether, the company behind the world's largest stablecoin, Tether (USDT), Bitcoin is considered the only unstoppable cryptocurrency. Paolo Ardoino, the CEO, stated that Bitcoin is the only example of a currency that is ruled solely by mathematics and cannot be changed
MicroStrategy, an American software technology firm, has recently announced that it is upsizing its convertible senior notes offering to $700 million. The proceeds from this offering will be used to purchase more Bitcoin and for corporate purposes
BofA Global Research, investors dumped U.S. value stocks and bought growth stocks in the week leading up to Wednesday. This period was marked by cooler than expected inflation data, which caused bond yields to lower. Inflows of $1.8 billion were recorded for U.S. growth stock funds, while outflows of $2.6 billion
President Joe Biden and fellow G7 leaders are working to strengthen support for Ukraine and provide resources to the country in anticipation of the upcoming US election, which could potentially result in a shift in American stance . To demonstrate long-term American commitment, President Biden signed a bilateral security accord with Ukrainian President Volodymyr Zelensky.
Worldcoin, a global project focused on increasing access to digital identity and finance, has chosen Argentina as its new center of operations in Latin America. The company has established a significant presence in Argentina, with numerous iris-scanning centers called "Orbs" located across the country
Paradigm, a San Francisco-based crypto-focused venture capital firm, has secured $850 million for its third fund, which will be dedicated to investing in early-stage crypto projects . This fundraise is one of the largest in the history of crypto funds
During a hearing on Thursday, Senator Dick Durbin expressed doubts about the Commodity Futures Trading Commission's (CFTC) ability to effectively regulate the cryptocurrency industry following the passage of the Financial Innovation and Technology for the 21st Century Act (FIT21) in the House of Representatives
Stand With Crypto UK has unveiled a manifesto aimed at boosting the fintech community in the UK. The manifesto advocates for the UK to become a world leader in fintech, digital assets, and tokenization, with the goal of generating investment, innovation, and a more digital economy . The community aims to champion emerging use cases, support innovative businesses, and promote a flourishing blockchain ecosystem that drives growth across the UK economy
DeFi Technologies, a Toronto-based financial technology company, has announced the launch of a validator node on the Core Chain blockchain and the staking of 1,498 Bitcoin (BTC) on it
Oracle shares jumped 9% on Wednesday due to a surge in demand for the company's cloud infrastructure services driven by artificial intelligence (AI) applications . This increase in demand could potentially add $30 billion to Oracle's market valuation, which currently stands at $340 billion
Notes by surjhana | export