Joby Aviation successfully completed piloted eVTOL flights in Dubai, marking a major step towards launching air taxi services by 2026. The company plans to establish vertiports and has secured exclusive rights for six years, boosting its market value significantly.
Africa is emerging as a new hub for business process outsourcing (BPO), challenging traditional leaders like India and the Philippines due to low labor costs and government support. Despite growth potential, issues like poor working conditions and automation pose risks to the sector.
Experts: Developing countries need sovereign AI As large language models become more democratized (LLM), it is important for developing countries to create sovereign AI. This conclusion was reached by the participants of the CNBC East Tech West conference in Thailand. Sovereign AI refers to the ability of the state to self
Circle has applied for a national trust bank license in the U.S. to act as a custodian for its reserves and manage crypto assets for institutional clients, although it cannot accept cash deposits or issue loans. CEO Jeremy Allaire emphasized this step aligns with their commitment to trust and transparency.
A humanoid robot football match took place in Beijing, with the team Vulcan winning 5-3. The bots, powered by algorithms, played autonomously, showcasing advancements in robotics ahead of upcoming global competitions.
Experts explained the slowdown in the rise of Bitcoin Selling pressure from long-term holders of the first cryptocurrency keeps the price near the $100,000 level. But the situation will change soon, believes the founder of Capriole.
Experts explained the slowdown in the rise of Bitcoin The selling pressure from long-term holders of the first cryptocurrency keeps the price near the $100,000 level. But the situation will soon change, believes the founder of Capriole.
In St. Petersburg, police discovered 58 illegal ASIC miners connected to a substation, causing damages of 8 million rubles. The mining operation bypassed electric meters, leading to ongoing investigations to identify the owners and potential criminal charges.
In St. Petersburg, police discovered 58 illegal ASIC miners connected to a substation, causing damages of 8 million rubles. The mining operation bypassed electric meters, leading to ongoing investigations to identify the owners and potential criminal charges.
German regulators have called for Google and Apple to remove the AI app DeepSeek due to concerns over user data protection in compliance with EU laws, amid fears that Chinese authorities may access German users' information.
The Resupply stablecoin protocol plans to burn 6 million reUSD from its insurance pool to cover losses from a recent hacking incident, which resulted in a $10 million loss. The team aims to settle the remaining debt over time through DAO revenues.
The Resupply protocol will burn 6 million reUSD after the hack. The Resupply stablecoin protocol has presented a recovery plan after the hack. The team proposed to burn 6 million reUSD from the insurance pool to cover a significant portion of the losses. According to the report, on June 26, the attacker was able to manipulate the price of the pair crvUSD-ws.
Analysts predict the imminent launch of REX Shares' staking ETF in the U.S., focusing on Solana and Ethereum. Despite lacking formal SEC approval, recent updates suggest readiness for market introduction.
The mining difficulty of Bitcoin has decreased by 7.48%, reaching 116.96 T. The hash rate has fallen to 799 EH/s, while the hash price has increased from $53 to $58 per PH/s. Despite the drop in income, miners have increased their reserves by 4000 BTC since April.