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News

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...
WHO asserts AI’s capability to transform global health amid risks
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11 July, 2024

WHO asserts AI’s capability to transform global health amid risks

Acknowledging the dangers posed by AI, the World Health Organization also reiterates the tech’s capability to support the global healthcare...
China strikes deal with Kazakhstan on cross-border CBDC
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11 July, 2024

China strikes deal with Kazakhstan on cross-border CBDC

With an ambition to transform the cross-border payments ecosystem, China partners with Kazakhstan in exploring CBDCs, which comes at the...
Tether fuels Cambodian digital marketplace that fuels ‘pig butchering’ scams
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11 July, 2024

Tether fuels Cambodian digital marketplace that fuels ‘pig butchering’ scams

Elliptic reported on Huione Guarantee, a digital marketplace that has become a hub for ‘pig butchering’ scams, and Tether's USDT...
New blockchain solution eyed to support Dubai in global trade
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11 July, 2024

New blockchain solution eyed to support Dubai in global trade

Apart from its attempt to digitize commercial processes in the Gulf region, Dubai's blockchain integration is being seen as part...
India eyes ‘democratizing’ AI, procurement of GPUs to boost computing power
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11 July, 2024

India eyes ‘democratizing’ AI, procurement of GPUs to boost computing power

To create a high-end AI ecosystem, India is looking to ramp up its computing capacity by purchasing over 10,000 GPUs...
Block Dojo Philippines remains ‘founder-focused’: Dominic Santiago on CoinGeek Backstage
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11 July, 2024

Block Dojo Philippines remains ‘founder-focused’: Dominic Santiago on CoinGeek Backstage

In this interview with CoinGeek Backstage, Block Dojo Philippines’ Dominic Santiago and nChain’s Stephanie Tower share how they enable startup...
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...
Amazon exec sees AI as opportunity, leans on ‘grit and innovation’ to meet surge
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10 July, 2024

Amazon exec sees AI as opportunity, leans on ‘grit and innovation’ to meet surge

Prasad Kalyanaraman, VP of Infrastructure at AWS, said that the company is no stranger to skyrocketing demands since it launched...
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...
What do Celsius Network, Paxful, Tether and Northern Data have in common?
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10 July, 2024

What do Celsius Network, Paxful, Tether and Northern Data have in common?

One of Celsius's bankruptcy casualties involved the Paxful digital wallet, and several months after Celsius blew up, Tether made a...
India’s oldest metro service rolls out UPI payment-based ticketing system
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10 July, 2024

India’s oldest metro service rolls out UPI payment-based ticketing system

India's oldest metro adopts a UPI payment-based ticketing system, making travel more convenient among locals and speeding up the nation's...