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author

Article by Steve Kaaru

US legislator urges Congress to declare Binance exec ‘hostage’ of Nigerian government
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16 July, 2024

US legislator urges Congress to declare Binance exec ‘hostage’ of Nigerian government

Rep. Rich McCormick demanded that Nigeria release Tigran Gambaryan immediately or risk hostile relations, even as a local court postponed...
Nigeria eyes national Nigerium blockchain for data sovereignty
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15 July, 2024

Nigeria eyes national Nigerium blockchain for data sovereignty

A local university proposed Nigerium to NITDA, with some initial use cases including land registration, certificate verification and digital identity.
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...
Japan’s military turns to AI
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11 July, 2024

Japan’s military turns to AI

Japan’s Ministry of Defense unveiled its first basic policy on using AI in its military, as its aging population presents...
Brazil bars Meta from using citizens’ data to train its AI, cites ‘irreparable’ damage
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10 July, 2024

Brazil bars Meta from using citizens’ data to train its AI, cites ‘irreparable’ damage

Brazil follows the EU in warning against using Facebook and Instagram data to train Meta’s AI, which the company calls...
Bahamas to force banks to support its CBDC
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10 July, 2024

Bahamas to force banks to support its CBDC

Since its launch in 2020, the Sand Dollar CBDC has failed to garner the expected uptake in the Bahamas, forcing...
Meta combining AI with metaverse to create ‘experiences not even possible today’
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9 July, 2024

Meta combining AI with metaverse to create ‘experiences not even possible today’

Meta has advertised a new role whose responsibilities include fusing generative AI with the metaverse, and it’s willing to pay...
Bringing blockchain to governments and enterprises, as explained by BCG’s Tibor Mérey
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9 July, 2024

Bringing blockchain to governments and enterprises, as explained by BCG’s Tibor Mérey

CoinGeek Backstage caught up with Tibor Mérey at the London Blockchain Conference to discuss decentralization, Bitcoin as money, one chain...
Nigeria demands VASPs have local offices, CEO
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9 July, 2024

Nigeria demands VASPs have local offices, CEO

Nigeria’s SEC has given VASPs 30 days to register, and among the requirements is for the CEO or managing director...
Russia pushing ‘crypto’ payments, SWIFT alternative as sanctions bite
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8 July, 2024

Russia pushing ‘crypto’ payments, SWIFT alternative as sanctions bite

Bank of Russia said it had softened its stance on digital asset payment due to sanctions but admitted that the...
Zambia working with EU on AI strategy
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7 July, 2024

Zambia working with EU on AI strategy

Zambia’s government is also working with the Tony Blair Institute on the strategy, while also reviewing its cyber laws to...

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