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Boston Dynamics Introduces New Generation 'Atlas' Robot

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Engineering and robotics design company Boston Dynamics has officially introduced its new generation of “Atlas” robots. The company unveiled the innovating electric Atlas platform in a move that will see it retire its hydraulic model of the robotics design. The unprecedented engineering marvel has been created with a focus on real-world applications, the company announced in a press release. Moreover, they have noted the newest Atlas model is built on “decades of research” into crafting the most capable technology that the industry has to offer. JUST IN: Boston Dynamics introduces new generation "Atlas" robot. pic.twitter.com/UbCaGvC6Nz — Watcher.Guru (@WatcherGuru) April 17, 2024 Also Read: Elon Musk Says Tesla Will Unveil Its Robotaxi In August Boston Dynamics Unveils New Electric Atlas Robot Over the last year, the technology sector has seen an influx of breakthroughs conquer the market. This was led by the generative art...

LightCycle: reshaping metaverse business landscape

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. In a landscape where the internet evolves ceaselessly, all eyes are fixated on the metaverse , signaling a bold leap into the digital future. In this rapidly burgeoning sphere, LightCycle is being monitored. It is an ecosystem crafted to blend business , art, and technology, paving the way for a novel digital lifestyle. You might also like: Crypto regulation in 2024: forecasts and perspectives LightCycle envisions an unparalleled digital metropolis where significant intellectual properties and businesses converge and thrive.  Integrating the real and virtual worlds through technology, LightCycle offers an immersive experience.  Users engage in co-creation and the management of virtual land and relish activities spanning shopping, socializing, and entertainment. Pioneering technological advances: AI avatar gen...

Google Cloud to digitize El Salvador's governance, healthcare and education

Google Cloud and the government of El Salvador have entered into a 7-year partnership to digitize the country’s infrastructure in various sectors. Google Cloud announced a new partnership with the government of El Salvador on Aug. 29 to establish an office and provide Google Distributed Cloud (GDC) services in the country.  The partnership aims to digitize the country, update government services and improve the healthcare and education systems. The GDC will also help bring infrastructure closer to where data is generated for El Salvador. Nayib Bukele, the country’s president, said he believes El Salvador is quickly becoming a "hub for innovation.” “El Salvador is moving forward. We believe technology and foreign investment are key for development.” He also took to social media and posted about the partnership with a smirking smiley face emoji. Google plans to establish operations in El Salvador Official press release from @Google:https://t.co/Fm1i3YizNr — Nayib Bukele (@nayi...

Gold-backed BRICS currency will be 'very hard' to deliver: Lyn Alden

A BRICS common currency will be challenging to initiate and maintain, though efforts to dethrone the US dollar could have an impact on Bitcoin, says investment strategist Lyn Alden. Macroeconomist Lyn Alden has cast doubt on a proposal that would see five countries work together to develop a common BRICS currency — arguing it will likely struggle to get off the ground and fail to dethrone the United States dollar. In an interview with Cointelegraph just days before the BRICS annual summit in South Africa, Alden explained that it will be “very hard” for BRICS members — Brazil, Russia, India, China and South Africa — to form a gold-backed currency for widespread use. Russian President Vladimir Putin first announced that BRICS proposal to create an international reserve currency at the BRICS summit in 2022 to rival the U.S. dollar as the global reserve standard. This proposal was later confirmed to come in the form of a gold-backed currency. However, Alden argued the model is flawed. ...

Bitstamp crypto exchange to raise funds for global expansion: Report

One of the world’s oldest cryptocurrency exchanges, Bitstamp, is trying to scale its operations with new fundraising advised by Galaxy Digital. Bitstamp, one of the world’s longest-running crypto currency exchange s, is moving forward with its global expansion ambitions, reportedly working to raise new funds to scale operations. Crypto exchange Bitstamp started the fundraising process in late June, with Michael Novogratz’s Galaxy Digital Holdings acting as an adviser, Bloomberg reported on Aug. 7. The firm plans to use the raised capital to launch derivatives trading in Europe in 2024 and expand several of its served markets in Asia. Bitstamp is also looking to scale its services in the United Kingdom, the report notes. Bitstamp’s global CEO Jean-Baptiste Graftieaux reportedly said that the company is now exclusively focused on raising money to expand the services to retail and institutional crypto clients. He added: “Bitstamp is not for sale, and we are not actively looking to s...

Google Play Store officially allows NFT games, but not gambling ones

The store’s team said games can offer NFTs for sale or to earn, but developers must declare this feature in their game's descriptions and must not allow gambling. The Google Play store now allows video game publishers to sell nonfungible token (NFT) games in its store, according to a July 12 blog post from the store’s group product manager, Joseph Mills. In the post, Mills states that Google Play is “pleased to share that we’re updating our policy to open new ways to transact blockchain-based digital content within apps and games on Google Play,” including “boosting user loyalty through unique NFT rewards.” 1) A new blockchain-based content policy that states that devs must complete a declaration for apps that enable users to transact blockchain-based digital content. Additional requirements apply for NFT gamification. pic.twitter.com/kGhMPaWCi0 — Mishaal Rahman (@MishaalRahman) July 12, 2023 Google Play banned crypto mining apps from its store in 2018 and removed the Bitcoin ...

BlackRock Bitcoin ETF could unlock $30 trillion worth of wealth, Bloomberg analyst says

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Following the Blackrock application, a Bitcoin spot ETF was never so close to being approved and it could be a game changer for the crypto industry, explains ETF analyst Eric Balchunas. $30 trillion worth of capital could suddenly unlock for the Bitcoin market if a Bitcoin spot ETF is approved by the U.S. Securities and Exchange Commission, according to Bloomberg ETF analyst Eric Balchunas.  That is the estimated amount of assets controlled by financial advisors in the U.S., who would be willing to get exposure to Bitcoin through a regulated exchange-traded fund.   "ETF is the format in which the boomers and the financial advisors prefer their investments delivered in”, Balchunas explained in an exclusive Cointelegraph interview.  Blackrock's application for a Bitcoin spot ETF last month sparked a new wave of optimism around the crypto market which led other major firms such as ARK Investment, Valkyrie, and Fidelity to file their own applications for a Bitcoin ETF.  The ...

AirBit Club execs face decades in prison after pleading guilty to $100M fraud

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Co-founder Rodriguez and senior promoters Millan, Aguilar and Chairez all recently pled guilty to the charges, while the other founder, Dos Santos pled guilty in October, 2021. Six people involved in a cryptocurrency “Ponzi scheme” that raked in about $100 million over five years have pled guilty to a series of fraud and money laundering charges, each carrying a maximum sentence of 20 to 30 years of prison. One of the founders of “AirBit Club,” Pablo Renato Rodriguez, was the latest to plead guilty to wire Fraud conspiracy charges on Mar. 8. According to a Mar. 8 statement from the United States Department of Justice (DOJ), AirBit Club was a fake cryptocurrency mining and trading company operating between 2015 to 2020, where executives and promoters induced victim investors into believing that they’d make guaranteed passive income and profits on any membership purchased. Operators and attorney of global multi-million-dollar cryptocurrency Ponzi scheme “AirBit Club” plead guiltyhttp...

'It would be absurd' for a US court to rule private NFTs as securities: Lawyer

The comments from the hosts of lawyers comes as Judge Victor Marreo said that Dapper Labs’ NBA Top Shot Moments NFT may constitute a security. Blockchain Association’s chief legal officer says “it would be absurd ” for a United States court to rule that digital assets on private blockchains are securities , following a federal judge's decision to allow a lawsuit against Dapper Labs's NBA Top Shots NFTs to play out.  U.S. attorney Jake Chervinsky made the comment after federal judge Victor Marreo denied a motion to dismiss a 2021 lawsuit that accused Dapper Labs of selling nonfungible tokens (NFTs) as unregistered securities. Chervinsky was among a host of lawyers on Twitter to reiterate that the judge’s denial of the motion does not mean a ruling has been made on the lawsuit, only that it was “facially plausible.” “The judge didn't decide anything. He allowed the case to proceed past a motion to dismiss because the securities claims were at least ‘plausible,’ an extremel...

MetaMask issues scam alert as NameCheap hacker sends unauthorized emails

Web hosting company NameCheap detected the misuse of one of its third-party services for sending some unauthorized emails — which directly targeted MetaMask users. Popular crypto wallet provider MetaMask warned investors against ongoing phishing attempts by scammers attempting to contact users through NameCheap’s third-party upstream system for emails. On the evening of Feb. 12, web hosting company NameCheap detected the misuse of one of its third-party services for sending some unauthorized emails — which directly targeted MetaMask users. Namecheap described the incident as an "email gateway issue." ️MetaMask does not collect KYC info and will never email you about your account! Do not enter your Secret Recovery Phrase on a website EVER. If you got an email today from MetaMask or Namecheap or anyone else like this, ignore it & do not click its links!https://t.co/EP0HGZFOfo pic.twitter.com/4CDtne24OK — MetaMask (@MetaMask) February 13, 2023 In the proactive alert, Me...

SecretDAO votes to restructure foundation after public spat between organizations

The new foundation will be governed by a board of 3 or more members, and no organization will hold more than one seat. The DAO that governs privacy-focused Blockchain Secret Network (SCRT) has voted to restructure its Secret Foundation as a non-profit with a “transparent operation,” according to the proposal’s official page. Congrats to the #SecretNetwork community! The Secret Foundation has been restructure d as an NPO, with a community-elected board & amendments requested by the founder. # Blockchain #cryptocurrency — Krypton AI (@KryptonAi) February 10, 2023 The proposal stated that the new foundation “will be registered as an NPO [non-profit organization] and provide an annual account of its activities, including key performance indicators (KPIs), budgets, and goals.” The foundation will be run by a board made up of three or more community members. No single organization will be allowed to hold more than two seats on the board, according to the proposal. It passed wit...

5 sneaky tricks crypto phishing scammers used last year: SlowMist

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SlowMist found that across 303 recorded blockchain security incidents in 2022, nearly a third were made up of phishing attacks, rug pulls and scams. Blockchain security firm SlowMist has highlighted five common phishing techniques crypto scammers used on victims in 2022, including malicious browser bookmarks, phony sales orders and trojan malware spread on messaging app Discord. It comes after the Security firm recorded a total of 303 Blockchain Security incidents in the year, with 31.6% of these incidents caused by phishing , rug pull or other scams, according to a Jan. 9 SlowMist Blockchain Security report. A pie chart of attack methods in 2022 in percentages Source: SlowMist Malicious browser bookmarks One of the phishing strategies makes use of bookmark managers, a feature in most modern browsers. SlowMist said scammers have been exploiting these to ultimately gain access to a project owner’s Discord account. "By inserting JavaScript code into bookmarks through these phishi...

MEXC launches $20M ecosystem fund to support Sei Network

Sei Network previously raised $5 million in funding in August 2022. According to a blog post published on Jan. 4, Singapore-based cryptocurrency exchange MEXC announced that it would allocate $20 million to support developments on Sei Network. A layer one Blockchain designed for trading, Sei Network's stated Features include native order matching, frontrunning protection, smart block propagation, and 600 milisecond on-chain trade settlement. Leo Zhao, investment manager of MEXC Ventures, commented:  "AMM [Automated Market Makers] was the dominant market-making method in crypto for the past 2 years. The lack of a more efficient market-making strategy is in large part because of technology restrictions like low speed and smart-contract restrictions. We believe Sei's customized Layer 1 solution will be a game changer in the industry." . Last August, Sei Network raised a $5 million funding round from investors such as Multicoin Capital, Coinbase Ventures, Delphi Digit...

Bitcoin mining pool BTC.com reports $3M cyberattack

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BTC.com, the seventh-largest Bitcoin mining pool, said that its client fund services are unaffected by the recent $3 million cyberattack. Major cryptocurrency mining pool BTC.com has suffered a cyberattack resulting in a significant loss of funds by the company and its customers. BTC.com experienced a cyberattack on Dec. 3, with attackers stealing around $700,000 in client assets and $2.3 million in the company’s assets, the mining pool’s parent firm BIT Mining Limited officially announced on Dec. 26. BIT Mining and BTC.com reported the cyberattack to law enforcement authorities in Shenzhen, China. The local authorities subsequently launched an investigation into the incident, starting collecting evidence and requesting assistance from relevant agencies in China. The local coordination has already helped BTC.com recover some of the assets internally, the announcement notes. “The company will devote considerable efforts to recover the stolen digital assets,” BIT Mining said, adding th...

BlockFi files motion to return frozen crypto to wallet users

Crypto lender BlockFi has asked a U.S. Bankruptcy Court for the authority to return the crypto held in BlockFi Wallets to users. Bankrupt crypto lending platform BlockFi has filed a motion requesting authority from the United States Bankruptcy Court to allow its users to withdraw digital assets currently locked up in BlockFi Wallets.  In a motion filed on Dec .19 with the U.S. Bankruptcy Court in the District of New Jersey, the lender asked the court for authority to honor client withdrawals from wallet accounts as of the platform’s pause on Nov. 10. The court documents also request permission to update the user interface to properly reflect transactions as of the platform’s pause. In a widely shared email sent to affected users , BlockFi called the motion an “important step toward our goal of return ing assets to clients through our chapter 11 cases," adding “It is our belief that clients unambiguously own the digital assets in their BlockFi Wallet Accounts.” According to Bl...