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Devcon Scholars Program Returns for Devcon Southeast Asia, Aiming to Build a Collaborative Community
The Ethereum Foundation has announced the return of the Devcon Scholars Program for Devcon Southeast Asia (SEA), aiming to bring together a diverse group of builders from various backgrounds and disciplines. The initiative is designed not only to provide scholarships but also to foster a community focused on co-learning and co-creation, thereby bridging Ethereum with… Read more
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New York Bans Algo-Feeds for Minors
New York has passed groundbreaking legislation to protect minors from the potential harms of algorithmically curated social media feeds. The Stop Addictive Feeds Exploitation (SAFE) for Kids Act prohibits platforms from delivering algorithm-based content to users under 18 without parental consent, aiming to address concerns about the impact of “addictive feeds” on children’s mental health. Read more
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What is Apple Intelligence?
Apple is set to unveil a suite of artificial intelligence features called “Apple Intelligence” at the upcoming Worldwide Developers Conference (WWDC). This initiative aims to seamlessly integrate AI capabilities into Apple’s operating systems, focusing on enhancing user experiences through features like enhanced photo editing, expanded Siri control, and AI-generated summaries and responses. Read more
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Robinhood to Acquire Bitstamp Crypto Exchange in $200 Million All-Cash Deal
Robinhood Markets has announced an agreement to acquire Bitstamp Ltd., one of the oldest and most respected cryptocurrency exchanges, in a $200 million all-cash deal. Read more
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Major Outage of AI Services
On June 4, 2024, ChatGPT experienced a major outage that disrupted services for millions of users worldwide. Despite initial fixes, the AI platform faced recurring issues throughout the day, leading to widespread frustration and humorous reactions on social media, as users grappled with their dependence on the chatbot for various tasks. Read more
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Musk Redirects Tesla Chips to xAI
Elon Musk has redirected thousands of Nvidia AI chips originally intended for Tesla to his social media company, X, and AI startup, xAI, potentially delaying Tesla’s AI and autonomy projects. This decision has raised concerns among investors about the impact on Tesla’s development timeline and Musk’s management of his multiple ventures. Read more
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NYSE Glitch Drops Berkshire Stock 99%
A technical glitch at the New York Stock Exchange on June 3, 2024 caused significant disruptions, with several stocks, including Warren Buffett’s Berkshire Hathaway, appearing to plummet by as much as 99%. The NYSE halted trading in the affected stocks and worked to resolve the issue, which stemmed from a problem with the exchange’s price… Read more
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Japanese exchange DMM Bitcoin suffers ‘unauthorised leak’ of more than $300m
Japanese crypto exchange DMM Bitcoin lost 4,502.9 Bitcoin worth about $308 million in what it called an “unauthorised leak,” according to crypto security company Elliptic. Read more
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Institutional participation fuels Bitcoin futures resurgence
Bitcoin futures OI has seen a further rebound recently. As Bitcoin’s price approached $70,000 earlier this year, futures OI reached unprecedented levels, signaling renewed investor interest and market engagement. Read more
