Banks’ cryptocurrency projects have been upended by U.S. Securities and Exchange Commission (SEC) accounting guidance that would make it too capital-intensive for lenders to hold crypto tokens on behalf of clients, according to more than half a dozen people with knowledge of the matter. A slew of lenders including U.S. Bancorp, Goldman Sachs Group Inc, […]
Search results for "ai risks"
U.S. investment in foreign chip companies is a potential concern for the Biden administration, a White House official said on Wednesday, but he stressed it has not yet made a final decision on a potential mechanism regulating U.S. investments in China. National Security Council official Peter Harrell heralded the administration’s efforts to kick-start U.S. chipmaking […]
The world of fintech is forever evolving. It needs to be, and the need for it to match our high level of demands requires it to be. Significant trends are introducing themselves to the world to notice their existence. If you take a closer look, you might find your golden ticket, perhaps the direction that […]
The world of computers has changed drastically. Computers started as an entire room but now they are compact enough for you to carry them worldwide. For a while, people thought of computers as fragile systems virtually could easily be infected with viruses, which promoted the use of Antivirus and Windows defender software. Such a notion […]
Republican Senator Marco Rubio on Monday blasted U.S. regulatory approval of a bid by chip intellectual property company Alphawave to purchase U.S.-based OpenFive, over alleged national security risks posed by the buyer’s ties to China’s Wise Road Capital. On Friday, the Toronto and London-based Alphawave, which licenses its technology to chipmakers, said it had received […]
A startup is simply an emerging company, a business freshly created. Recently, the draw of starting your own business is becoming more and more alluring. Usually, startups implement a trial-and-error system. Entrepreneurs typically learn as they go and try to chase the pot of gold at the end of their journey. What are the types […]
Investors in crypto have endured wild moves in recent months, but this has not fazed asset managers who are preparing to use the blockchain technology behind cryptocurrencies to break funds into bite-sized units, or tokens, to sell to small savers. Bitcoin fell 7.7 percent in the space of just a few minutes on one day […]
As a virtual currency mixer, Tornado Cash uses the Ethereum blockchain to arbitrarily enable anonymous transactions by concealing the persons involved, as well as the transaction’s origin, destination, and counterparties. What Is Tornado Cash? Before sending various transactions to their specific receivers, Tornado receives a variety of transactions and combines them. Illegal actors frequently use […]
The internet might be an essential presence in our lives today. The global internet landscape has grown exponentially. This growth has invited cyberattacks and breaches, which have sharply increased over the last few years. Malicious code has been a creeping threat since the dawn of the revolutionary era of the internet. What is malicious code, […]
The United States on Friday adopted new export controls on technologies that support the production of advanced semiconductors and gas turbine engines that it said are critical to its national security. The “emerging and foundational technologies” covered by the move include gallium oxide and diamond, because “devices that utilize these materials have significantly increased military […]