03 Dec 2021

Someone stole $120 million in crypto by hacking a DeFi website

On Wednesday night, someone drained funds from multiple cryptocurrency wallets connected to the decentralized finance platform BadgerDAO. According to the blockchain security and data analytics Peckshield, which is working with Badger to investigate the heist, the various tokens stolen in the attack are worth about $120 million. While the investigation

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03 Dec 2021

Dorsey-led Square rebrands to Block in nod to blockchain

Square Inc (SQ.N), the payments company led by Twitter Inc (TWTR.N) co-founder Jack Dorsey, said on Wednesday it was changing its name to Block Inc, as it looks to expand beyond its payment business and into new technologies like blockchain. The San Francisco-based company said the name “Square” had become synonymous

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03 Dec 2021

Nvidia’s $40 billion Arm acquisition is now ‘highly unlikely’ to go through, analyst says

Nvidia’s $40 billion acquisition of U.K. chip designer Arm is looking increasingly unlikely to go through, according to Gartner semiconductor analyst Alan Priestley. The deal is facing a growing number of regulatory probes around the world, Priestley said, pointing to concerns in the U.K., the EU, the U.S. and China. “I

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03 Dec 2021

Why the metaverse is more than Mark Zuckerberg’s dream

The company formerly known as Facebook has bet big on the metaverse. CEO Mark Zuckerberg hyped the already popular term in October when he changed the company’s name to Meta and led viewers through its dizzying vision of the future. But “the metaverse” is a much bigger — and more

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03 Dec 2021

Scientists make huge breakthrough to give AI mathematical capabilities never seen before

Artificial intelligence has been given new capabilities never seen before, computer scientists have claimed. Researchers were able to use AI to help prove and suggest new complex mathematical theorems. Scientists hailed the breakthrough as a major step towards giving major new capabilities to such systems. “Problems in mathematics are widely regarded as some

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01 Dec 2021

The 10 Hottest Machine Learning And Data Science Startups In 2021

Businesses today are struggling to leverage exploding volumes of data for competitive advantage. To meet that challenge, data engineers and data scientists are increasingly turning to emerging technologies in data science, artificial intelligence, machine learning and even deep learning to prepare and organize big data and develop the machine learning

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01 Dec 2021

Blockchain.com acquires SeSocio to cement presence in Latin America

Major cryptocurrency wallet and data service Blockchain.com is expanding in Latin America by acquiring SeSocio, a major crypto company based in Argentina. One of the biggest investment platforms in Latin America, SeSocio will now merge with Blockchain.com to help them scale operations across the region, the firm announced officially on Nov.

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01 Dec 2021

5G rollouts offer ‘internet of things’ a more sophisticated outlook

The “internet of things” (IoT) is often used as a catch-all phrase to describe the disparate items that use sensors to gather data — from driverless cars, to “smart cows”, to connected refrigerators, to robotic factories. But with the broader adoption of IoT technology into data-intensive tasks, such as remote

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01 Dec 2021

A $1 billion metaverse platform that sells high fashion for digital avatars is getting backing from SoftBank and the investors behind K-pop sensation BTS

SoftBank invested $150 million in a South Korean metaverse platform that allows users to dress up their digital avatars in high-fashion labels like Gucci and Dior, the Wall Street Journal reported. With the Softbank-led funding round, the platform called Zepeto scored a $1 billion valuation, the Journal said. HYBE, the

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01 Dec 2021

Artificial Intelligence: How Business Leaders Can Tap Into Their Blue Sky Opportunities

The pandemic forced the hands of many executives who had previously hesitated to sponsor transformation; many leaders needed a disruptive event like this to prioritize such activities and think outside the box. It’s been surprising to see the speed with which digital transformation has finally taken place, particularly within industries

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