A recent report from the South Korean central bank has sparked significant concerns about the profound influence of Artificial Intelligence (AI) on the country’s job market. The Bank of Korea has issued a cautionary statement expressing worries that the rapid advancement of AI technology could lead to widespread unemployment and economic instability. The report specifically…
Amid the ongoing buzz around generative AI tools like ChatGPT, Decenomy has integrated an AI-enabled answering machine on its website. The recent rollout is powered by GitBook Lens, a semantic suite of tools that uses artificial intelligence to index and return information about a site. The integration will leverage Gitbook’s artificial intelligence capabilities to improve…
The Dubai Multi Commodities Centre (DMCC) has inked a partnership deal with the Solana Foundation, naming the latter as an ecosystem partner. The DMCC is one of the free economic zones within the United Arab Emirates. In an October 15 announcement, it disclosed that the Solana Foundation will provide technical and business development support to…
Billed as the first “white label” cryptocurrency exchange, Birake has named IDVerse as its new partner for KYC onboarding procedures. IDVerse (previously known as OCR Labs Global), a company that specializes in customer identity verification and fraud protection, will allow Birake users to authenticate their identities in minutes. The announcement comes amid growing efforts by…
Although regulators have constantly slammed the cryptocurrency industry for its supposed role in funding illicit activities, the European Securities and Markets Authority (ESMA) has stepped forward to say that the DeFi market was not a threat to overall financial stability. In an Oct. 11 report titled “Decentralized Finance in the EU: Developments and Risks,” ESMA…
