Russia’s Central Bank Foresees Full-Scale CBDC Implementation
The chief of Bank of Russia predicts a gradual rollout of the digital ruble, with mass usage projected to occur over five to seven years, with scaling expected no early than 2025. Russia’s digital ruble is projected to be scaled back after the pilot project no sooner than 2025, and it will take five to […]
Nvidia Plans to Launch $200M AI Centre in Indonesia
Nvidia has revealed plans to construct a new AI centre in Indonesia in collaboration with the government and telecom company Indosat Ooredoo Hutchison. Indonesian Minister of Communication Budi Arie Setiadi, announced on April 4 that the $200 million centre will be situated in Surakarta, in the Central Java area. According to Setiadi, the AI centre […]
US NIST Allocates $3.6M to Develop Cybersecurity Skill Workforce
The National Institute of Standards and Technology (NIST) of the United States has allocated $3.6M to develop a workforce to protect enterprises against cybersecurity threats. To address the need for qualified cybersecurity workers, the Department of Commerce’s NIST announced on April 3 that 18 education and community-focused groups across 15 states would receive awards totalling […]
Google Reportedly Sues Chinese Crypto App Scammers
Alphabet, the parent company of Google, has sued two Chinese nationals who used the firm’s platform to distribute and promote fraudulent crypto apps. Alphabet asserts that scammers uploaded and promoted fake cryptocurrency apps on Google Play and YouTube. The internet giant claims that the defendants developed a habit of racketeering following hundreds of wire fraud […]
Web3 Wallets: A Central Hub for Staking and DeFi Participation
Web3 wallets have emerged as central hubs for users to engage in staking and decentralized finance (DeFi) activities in blockchain technology. These wallets serve as a secure means of storing cryptocurrencies and provide a gateway to participate in various blockchain-based ecosystems, including staking protocols and DeFi platforms. This article explores the significance of Web3 wallets, […]