Disney Creates Task Force to Explore AI, Cut Costs
Disney has reportedly established a task group to investigate how it can integrate AI into its operations. According to Reuters, they’ve put together a group to study AI’s potential uses within the company. An unnamed insider and two other sources emphasized the importance of Disney understanding AI to avoid falling behind. Disney is hiring for […]
Bitsonic CEO Faces Arrest in South Korea
The CEO of the cryptocurrency exchange Bitsonic, Jinwook Shin, who is under investigation for stealing users’ investments and deposits, was detained by South Korean Police on August 7, according to Chosun Biz. According to prosecutors, Shin allegedly stole the equivalent of $7.5 million from exchange users by manipulating the prices and trading volume of cryptocurrencies […]
Circle Launches MPC Wallet Beta for Ethereum, Polygon, Avalanche
An announcement made on August 8 states that USDC issuer Circle has launched a beta version of a multiparty computation (MPC) wallet service. This service allows creators of Web3 games, e-commerce platforms, and blockchain applications to customize wallets for their users. Initially, it will be accessible on Ethereum, Polygon, and Avalanche . MPC wallets divide […]
BONE Beats SHIB, LEASH in Profit as Shiba Inu Faces Hurdles
BONE, one of the tokens in the Shiba Inu ecosystem, has surpassed SHIB and LEASH in terms of the percentage of holders in profit. However, the overall outlook for the memecoin project remains bleak amid a bearish market. Popular memecoin project Shiba Inu aims to create a decentralized community of crypto enthusiasts. It consists of […]
Bitdeer Completes Mining Facility in Bhutan
Bitdeer, a provider of cryptocurrency cloud mining services, has finished building a new mining plant in Bhutan. According to the corporation, towards the end of July they had acquired almost 23,000 newly purchased mining rigs, and another 7,000 were on their way to the Gedu Datacenter. The power-on testing was already under progress, according to […]