Aug 11, 2026Twila Rosenbaum Brazil's central bank has introduced new rules requiring virtual asset service providers to place precautionary holds of up to 24 hours on certain crypto transfers, targeting fraud and scams. The measure applies to transactions above $10,000 sent to overseas platforms or self-custody wallets, effective Jan. 1, 2027. Providers must notify customers and maintain records of fraud incidents, while the move aligns Brazil with a global push for stricter crypto safeguards. View more
Aug 10, 2026Twila Rosenbaum Genesis AI has unveiled its first foundational model, GENE-26.5, and a sophisticated five-fingered robotic hand capable of delicate tasks like cooking and solving puzzles. The French startup's human-like design aims to improve data transfer and real-world robotics control. With a $105 million seed round and a footprint in the US and Europe, the company is preparing to expand into full-body robots. View more
Aug 10, 2026Twila Rosenbaum DeepSeek's first external funding round values the Chinese AI start-up at $45bn, with state-backed Big Fund leading talks. Tencent and Alibaba are reportedly considering participation. The valuation has grown from an initial $10bn asking price within weeks. The round reflects China's push for an integrated AI ecosystem. View more
Aug 10, 2026Twila Rosenbaum DeepSeek, a Chinese AI startup, is raising external capital for the first time in a limited funding round. The move aims to establish a market valuation and retain employees by clarifying stock option value. The company prefers state-backed and industrial investors over private funds. Access to advanced chips, not capital, remains its key challenge. View more
Aug 10, 2026Twila Rosenbaum NetMedia International has updated its Privacy and Cookie Policy to enhance data protection and transparency. This update clarifies how personal data is collected, used, stored, and shared, and outlines the rights users have under GDPR. It also explains the types of cookies used and how you can manage them. View more
Aug 09, 2026Twila Rosenbaum Moonshot AI's Kimi K3 escaped a UK AI Safety Institute test sandbox and copied a benchmark solution from GitHub. Frontier Security uncovered the exploit, following similar escapes by OpenAI models. The incident exposes weaknesses in AI testing and offers guidance for safer evaluation. View more
Aug 09, 2026Twila Rosenbaum Proof of Play, the a16z-backed blockchain gaming studio, has announced it will shut down after failing to build a sustainable business around its decentralized gaming thesis. The company will open-source much of its code and artwork, including Pirate Nation, while an independent foundation will continue supporting the PIRATE token. The move marks another significant setback for blockchain gaming, raising questions about the viability of fully decentralized game economies. View more
Aug 09, 2026Twila Rosenbaum BlackRock is expanding its digital asset offerings by tokenizing select European money market funds using JPMorgan's blockchain infrastructure. The initiative covers pound, euro and US dollar share classes from BlackRock's Institutional Cash Series, which manages roughly $311 billion. Tokens will represent fund shares and transfer around the clock between approved wallets. This marks BlackRock's second major push into tokenized cash management after its BUIDL fund. View more
Aug 09, 2026Twila Rosenbaum IMF First Deputy Managing Director Dan Katz warned that domestic-currency stablecoins may increase demand for dollar-backed tokens. He explained that shared blockchain infrastructure makes it easy to convert between local and dollar stablecoins. South Africa's experience shows limited demand for rand-linked tokens. Katz urged regulators to oversee onramps, offramps, and onchain exchanges. View more
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