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Showing posts from June 9, 2024

6 US Banks Face Moody’s Downgrade

Moody’s has initiated a review for potential downgrades of six U.S. regional banks due to their considerable exposure to commercial real estate (CRE) loans. Moody’s Corporation, established in 1909 and recognized as one of the “Big Three” credit rating agencies along with Standard & Poor’s (S&P) and Fitch Ratings, specializes in providing credit ratings, research, […]

Elliptic Study Finds AI-Enabled Crime in Cryptocurrency Remains in Early Stages

A new study has found that crimes enabled by artificial intelligence in the cryptocurrency ecosystem are still in their nascent stages. Stakeholders can prevent these activities from becoming widespread through timely and measured responses. Data from the same study indicate a surge in tokens featuring AI-related keywords such as GPT, Openai and Bard. Approximately 4,500 […]

Intel Partners With African Development Bank to Train 3 Million in Advanced AI Skills

The African Development Bank (ADB) and Intel have announced a significant partnership to train three million Africans and 30,000 government officials in advanced artificial intelligence (AI) skills. According to the ADB, this training is expected to revolutionize the African digital ecosystem and contribute to economic growth. The program will tackle socio-economic challenges and enhance productivity […]

Andrew Tate Burns Over $10 Million Received in Meme Coin TOPG

Known lifestyle influencer and former kickboxer Andrew Tate has burned TOPG tokens valued at over $10 million after announcing it on social media. Tate received over 580 million TOPG tokens as a donation from an unnamed party, and announced that he would burn it so “everyone else makes money.” After burning the tokens, Tate celebrated […]
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