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Bank of America CEO Says Bank Will Likely Launch Its Own Stablecoin
Bank of America, which has historically taken a backseat in the crypto industry, is prepared to launch its own dollar-backed stablecoin if U.S. lawmakers approve legislation allowing it to do so, its CEO said Tuesday. “If they make that legal, we will go into that business,” Bank of America CEO Brian Moynihan said in an … Read more
How to configure cross-account model deployment using Amazon Bedrock Custom Model Import
In enterprise environments, organizations often divide their AI operations into two specialized teams: an AI research team and a model hosting team. The research team is dedicated to developing and enhancing AI models using model training and fine-tuning techniques. Meanwhile, a separate hosting team is responsible for deploying these models across their own development, staging, … Read more
Alexa Plus’ AI upgrades cost $19.99, but it’s all free with Prime
Amazon’s Panos Panay on stage introducing Alexa Plus. | Photo: Chris Welch / The Verge Amazon announced a new version of its smart assistant today. Alexa Plus comes with expanded capabilities, the company appeared to demonstrate, like finding concert tickets on your behalf or ordering an Uber to pick up someone at the airport. The … Read more
The U.S. War on Crypto Isn’t Over
In the wake of the appointment of a U.S. crypto czar and the announcement of comprehensive crypto legislation, many believe the era of “regulation by enforcement” in the U.S. is over. But while the SEC and CFTC now have crypto-friendly chairmen, both state regulators and Attorneys General are poised to take their place as aggressive … Read more
ByteDance processes billions of daily videos using their multimodal video understanding models on AWS Inferentia2
This is a guest post authored by the team at ByteDance. ByteDance is a technology company that operates a range of content platforms to inform, educate, entertain, and inspire people across languages, cultures, and geographies. Users trust and enjoy our content platforms because of the rich, intuitive, and safe experiences they provide. These experiences are … Read more
Rediscovering Quaternions
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Strategy Is Down 50% From Its Highs. What Does It Mean for Its $43B Bitcoin Holdings?
Disclaimer: The analyst who wrote this piece owns shares of Strategy (MSTR). Bitcoin’s sharp price declines have dominated news headlines this week, but major corporate BTC holder Strategy (MSTR) has been in a downtrend for more than three months. Trading around the $250 level on Wednesday, Strategy is lower by about 55% since peaking at … Read more
UK Introduces Crime Bill That Extends Powers for Courts When Retrieving Crypto
The U.K. government introduced a new crime bill on Tuesday that, if passed, aims to help law enforcement agencies retrieve money from crypto criminals. The Home Office’s Crime and Policing Bill introduces measures that set out how to value destructed crypto property – in the event law enforcement agencies required it to be destroyed if … Read more
Pixel Watch 3 is getting ‘Loss of Pulse Detection’ in the US in March
Google announced on Wednesday that it has received FDA clearance for the Pixel Watch 3’s “Loss of Pulse Detection” feature and will be launching it in the U.S. at the end of March. The feature can detect when a user’s heart stops beating due to an event like primary cardiac arrest, respiratory or circulatory failure, … Read more
Hinge launches a new feature for daters to privately share details with matches
Dating app Hinge launched a new feature called “Match Note” on Wednesday, allowing users to privately share information with matches that they haven’t shared publicly on their profile. Users can add a Match Note by going to their profile, similar to how they can add a text prompt. The note is always visible to new … Read more
Pump.fun X Account Hacked to Promote Fraudulent PUMP Solana Meme Coin
Solana meme coin launchpad Pump.fun had its social media account swiped Wednesday to promote an unofficial PUMP token that swiftly crashed.
Victrola’s cheapest Sonos-compatible turntable is over half off today
The Victrola Stream Onyx lets you play vinyl records via your Sonos speakers without the need for additional equipment. It’s shaping up to be a good week to be a Sonos fan. First, Sonos launched a sale for existing customers that includes steep discounts on soundbars, speakers, and headphones, and now the Sonos-ready Victrola Stream … Read more
Victrola’s cheapest Sonos-compatible turntable is over half off today
The Victrola Stream Onyx lets you play vinyl records via your Sonos speakers without the need for additional equipment. It’s shaping up to be a good week to be a Sonos fan. First, Sonos launched a sale for existing customers that includes steep discounts on soundbars, speakers, and headphones, and now the Sonos-ready Victrola Stream … Read more
Pixel Watch 3 gets FDA clearance for Loss of Pulse alerts
Loss of Pulse Detection is already available in the EU, but needed FDA clearance to launch in the US. Google just announced it’s received FDA clearance for the Pixel Watch 3’s Loss of Pulse Detection feature. It will start rolling out to US devices sometime at the end of March. The Loss of Pulse Detection … Read more
In Defense of the ‘MSTR Premium’
Strategy (NASDAQ: MSTR), the SaaS-based business intelligence company formerly known as MicroStrategy that pioneered a bitcoin treasury strategy, is currently trading at a $73 billion market cap, ~1.6x the value of its underlying bitcoin holdings. This so-called “MSTR premium” has caused much misunderstanding, healthy skepticism and even consternation, but with a decade of deep equities … Read more
Stablecoin competition heats up as MEXC invests $20M in Ethena’s USDe
USDe is a synthetic dollar stablecoin that has nearly $5.9 billion in circulation.
A Smarter Way to Crypto Diversification?
The investment conversation around crypto has transitioned from questioning the survival of cryptocurrencies to discussing efficient allocation strategies. Most notably, institutional investors are moving on from testing the waters with bitcoin to seeking diversified exposure to the broad crypto market. With a total market cap of over $3 trillion, cryptocurrencies represent approximately 1.5% of the … Read more
Alexa+
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Oklahoma BTC reserve bill passes House Committee, other states reject
Oklahoma House Bill 1203, known as the Strategic Bitcoin Reserve Act, passed the House Committee on Feb. 25, moving to the floor.
Tornado Cash Dev Alexey Pertsev Gets $1 Million Donation From Ethereum Foundation
Tornado Cash dev Alexey Pertsev was convicted on money-laundering charges last year and is currently waiting to appeal his conviction.
Amazon is launching Alexa.com and new app for Alexa Plus
Amazon is launching an alexa.com website and a new mobile app where Alexa Plus subscribers will be able to use the AI-powered voice assistant. We don’t have many details beyond that, but the website and the app could be handy new ways to interact with the revamped Alexa, which was announced at an event this … Read more
Alexa+ can read, summarize and recall lengthy documents
At Amazon’s annual Devices & Services event on Wednesday, the company introduced Alexa+, an enhanced version of its voice assistant, now powered by generative AI. During the demonstration, Amazon showcased how users can share documents with Alexa+, allowing it to recall important details and answer questions about those documents. Mara Segal, director of Alexa, provided … Read more
Alexa+ can do your grocery shopping, too
Amazon is not giving up on making its Alexa a virtual shopping assistant, On Wednesday, the company announced that Alexa+, its revamped Alexa experience, will be able to help consumers grocery shop from home using more natural conversations and requests. The feature will work with Amazon Fresh or any other grocery partner working with Amazon, … Read more
One of 2 Remaining Democrats at U.S. CFTC Will Exit When New Chair Arrives
The U.S. Commodity Futures Trading Commission (CFTC) could have an even stronger Republican majority when the chairman picked by President Donald Trump arrives, with the announcement on Wednesday that Democratic Commissioner Christy Goldsmith Romero will step down after that expected confirmation. If Trump nominee Brian Quintenz, a former Republican commissioner at the agency, is approved … Read more
Bybit hack forensics show Safe(Wallet) compromise led to stolen funds
Bybit and the (Safe)Wallet developer confirmed that North Korea’s Lazarus Group was behind the attack.