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AI & Enterprise

Cyborg cockroach rescue team with camera and syringe enters rubble instead of rescuers

Australian researchers have developed a cyborg cockroach designed to deliver first aid to survivors in environments that rescuers struggle to access, such as collapsed buildings or caves. The biohybrid robot combines a live insect’s mobility with a camera and a tiny injection device. A joint team from the University of Queensland and the University of New South Wales tested the system, reporting high injection success at close range but lower overall mission success.

Crypto

Peter Schiff says bitcoin is not an inflation hedge; gold and silver are alternatives

Peter Schiff, known as a bitcoin critic, reiterated that bitcoin is not a real asset and cannot be compared with traditional assets such as gold, equities or real estate. He pushed back against a claim by crypto analyst Quinten Francois that bitcoin still has room to grow based on market-size comparisons. Schiff also rejected the idea that bitcoin is a hedge against rising prices, arguing that gold and silver are the appropriate alternatives. He added that AI is a threat to bitcoin, not a positive.

Finance

KRX to pitch South Korea's capital market in New York, cooperate with NYSE on trading hours and T+1

Korea Exchange Chairman Eunbo Jeong (정은보) will travel to New York to market South Korea's capital markets to global institutional investors. KRX will hold a global roadshow in New York on Sept. 3 for asset managers, hedge funds and other institutions. It plans to explain capital-market system improvements and steps to boost foreign investor access. KRX will also sign an MOU with the New York Stock Exchange on market operations and infrastructure cooperation, including longer trading hours and T+1 settlement.