14 / 36 Relevant items tagged with #NewsBytes

Posts: 1,064

Posts

AWS CEO Predicts AI to Transform Software Developer Roles

[Aug 24 7:30 PM] In a leaked recording from an internal meeting, Amazon Web Services CEO Matt Garman discussed the evolving role of software developers in the age of artificial intelligence (AI). Garman suggested that AI could soon take over many coding tasks…

Tether to Launch UAE Dirham-Pegged Stablecoin

[Aug 22 2:45 PM] Tether, the major stablecoin issuer, has announced plans to launch a new stablecoin pegged to the United Arab Emirates Dirham (AED). This initiative, in collaboration with the UAE-based Phoenix Group, aims to provide a secure and efficient means of…

Crypto Fund Settles With NFA Over $2.5M Bitcoin Loan

[Aug 21 8:34 PM] Cryptocurrency fund Ikigai Strategic Partners has agreed to pay a $150,000 fine to the National Futures Association (NFA) following allegations of an illicit bitcoin loan, according to an Aug. 20 decision by an NFA hearing panel. The fine addresses…

Woman Sentenced to Prison for Bitcoin-Funded Dark Web Murder Plot

[Aug 21 4:30 AM] A Utah woman, Krista Renae Stone, 23, was sentenced to 78 months in federal prison for attempting to orchestrate a murder-for-hire using the dark web, the U.S. Department of Justice (DOJ) announced on Monday. Stone targeted her ex-boyfriend’s new…

7 Arrested in Illegal Bitcoin Mining Crackdown in Malaysia

[Aug 21 2:30 AM] Seven individuals were arrested in Malaysia during a special operation targeting illegal bitcoin mining in Bandar Baru Salak Tinggi and Taman Putra Perdana. The operation, which involved coordinated efforts by law enforcement, focused on detecting…

Donald Trump Considers Elon Musk for Cabinet Role

[Aug 21 12:30 AM] Former U.S. President and Republican presidential candidate Donald Trump stated on Monday that if elected, he would consider appointing Tesla CEO Elon Musk to a cabinet or advisory role. Trump praised Musk as a “brilliant” and…

Nigeria’s SEC Denies Issuing Provisional Crypto Licenses

[Aug 20 11:10 PM] Nigeria’s Securities and Exchange Commission (SEC) has announced that it has not yet issued any crypto licenses, contrary to some reports. The SEC plans to start issuing licenses for digital services and tokenized assets in August 2024. This move…

Tron Founder Justin Sun Links Meme Coin Push to USDT Liquidity

[Aug 19 9:00 AM] Justin Sun, founder of the Tron blockchain ecosystem, clarified the reasons behind his drive to bring meme coins to the Tron network. According to Sun, the Tron blockchain has the upper hand compared to other chains, being home to $60 billion USDT…

Goldman Sachs Lowers US Recession Risk to 20%

[Aug 18 10:30 PM] Goldman Sachs economists have lowered the likelihood of a U.S. recession within the next year from 25% to 20%, citing recent data on retail sales and jobless claims. If the upcoming August jobs report, scheduled for release on September 6, shows…

UBS Urges Caution Despite Positive US Economic Data

[Aug 18 6:30 PM] UBS reported on Friday that U.S. stocks extended their rally as new economic data, including a 1% rise in July retail sales, eased concerns about a potential recession. Despite the encouraging consumer resilience, UBS cautioned that the risk of a…