Senators Question Meta’s AI Model LLaMA over Ethical Risks
Meta’s AI language model LLaMA leaked online in February, has drawn criticism from two US senators who fear it could be exploited for criminal purposes. Meta, formerly known as Facebook, released LLaMA (Large Language Model Meta AI) in late February as a research tool for the AI community. LLaMA is a state-of-the-art foundational large language […]
Elon Musk Sued for $258 Billion Over Dogecoin Manipulation
A proposed class action lawsuit accuses the Tesla CEO of using Twitter, paid influencers, and his TV appearance to boost the meme cryptocurrency DOGE for personal gain. Elon Musk, the CEO of Tesla and SpaceX, is facing a $258 billion lawsuit from investors who claim he manipulated the price of Dogecoin, a popular meme-based cryptocurrency, […]
Circle to Integrate Native USDC on Arbitrum Blockchain
Circle will introduce USDC natively on the Arbitrum blockchain. This step is expected to enhance transaction speed and affordability, fostering innovation in the DeFi ecosystem. In a recent announcement, Circle revealed plans to natively launch the US Dollar Coin (USDC) official version on the Arbitrum network. This move is part of a strategic collaboration with […]
Rosbank Tests Crypto Payments for International Transactions
Rosbank, one of Russia’s leading banks, has launched a pilot project for cross-border payments using cryptocurrencies, marking a significant step towards adopting digital currencies. The bank claims to be the first among systemically important banks to offer such services to facilitate secure and efficient international transactions. To make cryptocurrency payments, companies or individuals must enter […]
Binance Australia Stops AUD Bank Transfers
Binance Australia, the local arm of the leading crypto exchange, has suspended Australian dollar (AUD) deposits and withdrawals by bank transfer using PayID, a popular instant payment method. The exchange stated that it is looking for an alternative provider and assured users that their funds were safe. PayID is a secure payment service on the […]