According to Bloomberg, the US Federal Reserve is thwarting the European Central Bank’s (ECB) plan to require banks to focus on addressing climate risks. The ECB proposals seek to make climate risks a pillar of the global rules governing the banking industry. The rules also mandate that banks report the strategies they are using to…
The renowned Bitcoin investor and CEO of Ark Invest, Cathie Wood, throws more light on the hedging function of Bitcoin. According to Wood, several fiat currencies face devaluations, with Bitcoin as a strong alternative hedge. Moreover, the CEO noted that many people do not openly acknowledge the potential of Bitcoin, even though it has performed…
The personality of the pseudonymous Bitcoin creator, Satoshi Nakamoto, has received wide speculation. Over the years, many wondered if it’s just a person or group that goes with the mysterious identity. However, after creating a public profile, the BTC founder revealed his date of birth. This profile shows that the initiator of P2P has seemingly hit…
Meta has decided to brush up its content policy on AI-generated media to include audio, video, and images Meta’s previous policy was very narrow, covering only AI-generated videos. Hence, based on the oversight board’s recommendations, a new set of rules has been introduced The new policy will be effective in May 2024 and the old…
Bitcoin shows an interesting pattern on the price charts, as the 200-week Moving Average (WMA) is $33,000. According to analyst PlanB, it is highly unlikely that Bitcoin will ever break that floor and drop below $33,000. Bitcoin 200 Week MA Shows Potential for Further Price Gains Bitcoin 200 week moving average is $33k .. highly unlikely that…
Spotify is following the lead of many companies over the last year and dipping its toe into the world of AI prompts. The platform has announced AI Playlist, a new beta feature that lets you create playlists with a few words that get into the music vibe you want, such as “an indie folk playlist…
I’ve always preferred the glow of multiple lamps to the onslaught of overhead lights, but clicking them off one by one can get tedious. With smart plugs, any lamp can be controlled with a phone, your voice or even a programmed schedule or routine so you don’t have to think about them at all. Smart…
Three companies are vying for the opportunity to send their own lunar vehicle to the moon to support NASA’s upcoming Artemis missions. The space agency announced this week that it’s chosen Intuitive Machines, Lunar Outpost and Venturi Astrolab to develop their lunar terrain vehicles (LTV) in a feasibility study over the next year. After that,…
Apple’s second-generation AirPods Pro have dipped to under $200 in a deal from Amazon. The AirPods Pro, which normally cost $250, are $60 off right now, bringing the price down to just $190. That’s the same price we saw during Amazon’s Big Spring Sale. The AirPods Pro offer a number of premium features over the…
It looks like President Biden’s CHIPS Act is starting to pay off. Samsung is planning on doubling its investment in Texas, according to a report by The Wall Street Journal. This will bring the total investment in the state’s chip-manufacturing sector to $44 billion, as Samsung already spent nearly $20 billion to build a factory…
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