Search results for 2023
AI & Enterprise
European AI firms warn slowing frontier AI would cement U.S. lead, push back on calls for brakes
Major European AI companies are pushing back against calls from leading U.S. labs to slow frontier AI development, saying it could hinder competition and cement a U.S. lead. They warn new evaluation rules and cooperation frameworks could raise costs for smaller European developers. The debate comes as Europe trails the United States and China in AI investment, computing infrastructure and top model performance, even as some European countries show higher generative AI use.
Crypto
Bitcoin August surge driven by short liquidations, raising question of bullish turn
Bitcoin\'s sharp rise in August was driven more by forced liquidations of short positions than by new bullish bets, a joint report by Glassnode and Bybit showed. Open interest fell as prices jumped, and most dollar-denominated liquidations came from shorts. Options and futures markets showed abrupt repricing but limited shifts at longer maturities. The analysis is limited in scope and reflects crypto-native venues more than the full market.
Crypto
Bitcoin could hit $90,000 as long-term 2023 chart pattern draws attention
Bitcoin is consolidating around $80,000 after a short-term rebound, and chart analysis suggests it could revisit the low-$70,000s before pushing into the $90,000 range. A long-term chart is said to resemble a 2023 sequence of rebound, range trading, liquidity sweep and renewed rise. Key levels include $56,000 to $64,000 as a lower extreme, $70,000 to $72,000 as support and $80,000 to $84,000 as resistance.
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Telecommunications & Media
LG Uplus takes \'Boostus\' to Tokyo for overseas creator programme
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Crypto
Vitalik Buterin: I will not give up on privacy, reaffirms push to strengthen Ethereum technology
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Mobility
Xpeng commercialises smart cockpit, autonomous driving licensing, contrasted with Tesla
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Crypto
Charles Hoskinson says ADA, XRP are digital commodities, calls for U.S. rethink of crypto classification
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AI & Enterprise
U.S. chip industry may face 157,000 worker shortfall by 2030, Samsung deploys Korean staff
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Crypto
Bitcoin holds $76,000 despite U.S. rate hike, faces test from possible further tightening
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Crypto
Bitcoin volatility eases, rangebound near $76,500 as U.S. stocks rebound
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Crypto
2 million XRP stolen in two hours: How Descent hack was possible
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Crypto
Bitcoin holds $76,000 level as early bull market talk builds
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Crypto
Next crypto bull market: can one airdrop be enough? Big candidates line up
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Industry
South Korea selects 4 third-phase materials, parts and equipment specialised clusters, to provide 160 billion won over 5 years
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Crypto
Dangote Refining launches IPO with stablecoin-based on-chain subscriptions on Solana
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Crypto
Japan\'s Deutsche Bank pushes to launch institutional BTC, ETH custody this year
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Crypto
U.S. Treasury warns financial sector after $12.7 billion in suspected crypto fraud transactions
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Games & Commerce
Nexon to open pre-registration for competitive MMORPG \'Item Trick: Overgeared\' on Oct. 1