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OpenAI to Host Inaugural Developer Conference in San Francisco

According to reports, OpenAI may provide updates about some of its products, including the highly anticipated ChatGPT-5, which is still in the works. ChatGPT maker OpenAI is about to make history with its inaugural developer conference, OpenAI DevDay, scheduled for November 6 in the United States. The upcoming event marks a significant milestone in the company’s commitment to fostering collaboration and knowledge-sharing within the AI community. In a blog post on September 6, the company...

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Tencent Unveils ‘Hunyuan’ AI Model for Business Use

Tencent’s announcement closely follows a host of AI-powered applications revealed by Baidu, another tech giant in China. Chinese tech giant Tencent Holdings Ltd (HKG: 0700) is set to launch its cutting-edge AI model, “Hunyuan”, for business applications. This announcement was made by Dowson Tong, CEO of the cloud and smart industries group at Tencent, in an exclusive interview with CNBC ahead of the company’s annual summit. The unveiling of Hunyuan comes at a time when Artificial...

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Arm and Apple Sign Deal That will Last through 2040 and Beyond

The Arm filing confirmed that the deal with Apple will last beyond 2040, while assuring that its relationship with other tech giants continue. Apple (NASDAQ: AAPL) has signed a deal with Softbank’s chip designer firm Arm that will last through 2040 and beyond, according to a filing with the United States Securities and Exchanges (SEC). The filing also states that the consumer electronics giant will have access to some Arm architecture. Arm says it has close partnerships with leading tech...

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Internationaler Zahlungsverkehr: Darum war SWIFT so revolutionär

Der internationale Zahlungsverkehr ist ein wesentlicher Bestandteil der globalen Wirtschaft. Unternehmen, Banken und Regierungen auf der ganzen Welt sind auf reibungslose und sichere Zahlungsabwicklungen angewiesen, um Handel und Finanztransaktionen durchzuführen. Eine der revolutionärsten Entwicklungen in diesem Bereich war die Einführung des SWIFT-Systems. Was ist SWIFT? SWIFT steht für „Society for Worldwide Interbank Financial...

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EOS Price Analysis: Key Breakdown Support Intact At $0.555

EOS price started a fresh decline below the $0.600 zone against the US Dollar. The price is now trading below $0.595 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $0.5850 on the 4-hour chart of the EOS/USD pair (data feed from Coinbase). The pair could continue to decline if it stays below the $0.600 and $0.6150 resistance levels. EOS price is struggling below $0.600 against the US Dollar, unlike...

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Litecoin (LTC) Price Analysis: Upsides Could Be Capped Near $66

Litecoin is showing bearish signs and trading below $66 against the US Dollar. LTC price is now trading below $65 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $63.20 on the 4-hour chart of the LTC/USD pair (data feed from Coinbase). The pair could start a decent increase if it clears the $66 resistance zone. Litecoin price is struggling below $66 against the US Dollar, similar to Bitcoin. LTC price...

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CertiK Names the Reason for DNS Hijacking on DeFi

Millions of digital assets have been stolen by cyber adversaries via DNS hijacking attacks for phishing purposes, targeting users’ wallet seed phrases, or creating deceptive webpages that closely resemble legitimate sites. Attacks on Domain Name Systems (DNSs) play a crucial role in the internet’s infrastructure, providing insights into security incidents in Web 2 that have directly affected the Web3 industry. However, transitioning to decentralized frontends has emerged as a...

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Cathie Wood’s ARK, VanEck File for First U.S. Ether Spot ETF

Cathie Wood’s asset management firm, ARK Invest, has filed for the United States’ first Ether (ETH) spot ETF weeks after regulators placed the company’s Bitcoin ETF application on the backburner. Fellow investment manager VanEck has submitted a similar 19b-4 application, starting the clock for when regulators must approve or deny each submission. Ark’s Ether ETF Pitch In an S-1 filed with the Securities and Exchange Commission (SEC) on Wednesday, the ARK21Shares Ethereum ETF...

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Coinbase Launches Crypto Lending Services to American Investors (Report)

The leading cryptocurrency exchange – Coinbase – has reportedly started offering crypto loans to US institutional investors.  The move could signal the company’s willingness to strengthen its position in America despite the regulatory uncertainty and the issues with local watchdogs. Recall that the US SEC filed a lawsuit against Coinbase in June, accusing the trading venue of breaching several rules and offering trading services with unregistered securities. Capitalizing on...

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Something’s Close to an ATH But It’s Definitely Not What You Think

With crypto market apathy in full effect, decentralized finance (DeFi) activity has plummeted across the board in 2023 – all but in one sub-sector. Liquid staking protocols are approaching an all-time high in total value locked (TVL), having appreciated nearly 293% since their June 2022 lows. The Rise of Liquid Staking According to DeFiLlama, liquid staking protocols now hold $20.5 billion in assets – up from slightly over $5 billion 15 months ago. Lido alone boasts $14.1...

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