PayPal’s Crypto Holdings increases by 56% in First Quarter of 2023
Fintech company PayPal disclosed its cryptocurrency assets hold BTC and ETH worth $499 and $362 million, respectively, which is more than a 56% rise in its most recent quarterly report to the Securities and Exchange Commission (SEC). The filing claims that PayPal had a total of $943 million in cryptocurrency assets as of March 31, […]
Spotify Reportedly Removes AI-generated Songs from Platform
According to reports, music streaming platform Spotify has deleted thousands of AI-generated music from its platform following the conflict between the music industry and artificial intelligence (AI). A Financial Times (FT) report revealed that the music streaming platform had removed “tens of thousands” of compositions created by the AI music startup Boomy. As a result […]
Microsoft, Others Partner to Launch Canton Blockchain Network
A group of firms in the finance and technology sectors, including Microsoft, Delloite, and Goldman Sachs, are developing a novel blockchain network known as Canton Network for financial institutions. The Canton Network will be a privacy-enabled, interoperable blockchain network aimed at those working with institutional assets, according to an announcement made on May 9. It […]
10 Best Cloud Mining Software in 2023
A cloud mining platform program is worth considering to make more profits since it enables investors to mine Bitcoin or other cryptocurrencies without buying and maintaining hardware. Both beginners and experienced investors can use the services of cloud mining service providers and make money without going through the hassles of buying and running hardware. Cloud […]
China Researches AI Development Without US Chip Technology
Due to sanctions, China continues to research the development of homegrown artificial intelligence (AI) without using the most advanced chip technology from the United States. According to a report from the Wall Street Journal, Chinese companies are researching artificial intelligence (AI) methods to develop AI using weaker semiconductors and chip combinations to avoid reliance on […]