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2023 turned the tables in the crypto world, not just in terms of market fluctuations but in the landscape of cyber threats, with North Korea-based digital marauders setting a new benchmark in their crypto heist saga. Chainalysis, a beacon in blockchain analysis, shed light on this burgeoning threat in its recent disclosure, unraveling a complex web of digital larceny that outdid any previous records in sheer volume.
The Changing Tides of Crypto Hacking
While the crypto universe is no stranger to the shadow of hackers looming large, the past year has been particularly noteworthy. Despite a plunge in the total loot to $1.7 billion from a staggering $3.7 billion in 2022, the sheer number of cyber incursions swelled from 219 to 231. This paradoxical scenario, marked by fewer spoils amidst a surge in attacks, particularly underscores a significant downturn in DeFi (Decentralized Finance) platform breaches.
DeFi platforms, once the low-hanging fruit for cyber felons, witnessed a 63.7% nosedive in the total value pilfered, thanks to heightened security measures and perhaps a bit of luck. The tale of two major heists, Euler Finance and Curve Finance, losing $197 million and $73.5 million respectively, paints a grim picture of the challenges still faced.
Diving deeper, the analysis brings to light a variety of attack vectors, from the cunning exploitation of on-chain vulnerabilities like smart contract loopholes to off-chain tactics involving compromised private keys. It’s a stark reminder of the ever-evolving battlefield where digital security experts and hackers engage in a relentless cat-and-mouse game.
North Korea’s Unabated Crypto Ambitions
North Korea’s affinity for crypto assets, far from being a mere fling, has evolved into a full-blown saga of orchestrated cyber heists. The year 2023 witnessed these state-sponsored virtuosos executing a record-breaking spree of 20 hacks, albeit with a slight decrease in the total bounty amassed. This surge in activity, while yielding less in terms of value — estimated at just over $1.0 billion — highlights a strategic shift towards more frequent but less conspicuous operations.
Notably, the hermit kingdom’s hackers diversified their targets, casting a wider net that ensnared not just DeFi platforms but centralized services, exchanges, and wallet providers alike. The Atomic Wallet exploit, a stark episode resulting in a $129 million setback, epitomizes the cunning and sophistication of these digital plunderers. This incident, attributed to the infamous TraderTraitor group, serves as a case study in the intricate money laundering webs spun post-heist, involving chain hopping and mixing services to muddy the waters.
The Road Ahead in Crypto Security
The landscape of crypto hacking in 2023, marked by an uptick in incidents but a downturn in total value compromised, offers a mixed bag of insights. On one hand, the decline in DeFi hacks and the corresponding value points towards an improving security posture within the sector. On the other, the relentless pursuit of hackers, armed with an ever-expanding arsenal of tactics, underscores the perpetual arms race between security professionals and cybercriminals.
As the crypto ecosystem grapples with these challenges, the emphasis on bolstering both on-chain and off-chain defenses has never been more critical. From enhancing smart contract audits to fortifying private key management, the path to resilience is multifaceted. Moreover, the role of proactive monitoring and rapid response mechanisms in mitigating the impact of such incursions is paramount.
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https://www.cryptopolitan.com/north-korea-crypto-hacks-all-time-high-2023/
| 2024-01-27T15:28:06Z
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Jensen Huang, the President and CEO of Nvidia, the California-based artificial intelligence chip designer, made a noteworthy visit to China, marking his return after several years. Huang’s trip was focused on engaging with Nvidia’s local employees and came at a time when the AI chip market in China was undergoing significant changes.
In a low-key manner, Jensen Huang embarked on a trip to China, visiting key cities such as Beijing, Shanghai, and Shenzhen. His presence was noted at Nvidia’s new year party in Shanghai, where he was seen in traditional attire, participating in festivities with employees.
Nvidia has established a significant presence in China over the years, employing nearly 3,000 people in various roles, including marketing, sales, research, and development. Before the pandemic, Jensen Huang routinely visited Nvidia’s Chinese units, particularly during their year-end parties.
Shifting market dynamics
One of the pivotal aspects of Huang’s visit is the evolving landscape of the AI chip market in China. Major Chinese cloud companies increasingly opt for domestic chips, preferring offerings from Huawei over Nvidia’s AI chips. This shift is closely tied to the restrictions imposed by the United States on the export of Nvidia’s most advanced AI chips to China.
In October, the U.S. government revised export controls concerning advanced AI chips to China. As a result, Nvidia’s RTX 4090 chipset, renowned for its consumer market performance, was banned from export to China. This move has put Nvidia in a challenging position, necessitating a potential collaboration with local Chinese players to secure access to the Chinese market.
Nvidia’s dominance in China’s AI chip market
Experts in the field, such as Zhang Xiaorong, director of the Beijing-based Cutting-Edge Technology Research Institute, speculate that Jensen Huang’s visit may be a strategic response to these export restrictions. With Nvidia’s significant share of China’s $7 billion AI chip market, finding ways to navigate these challenges and align with Chinese interests is critical for the company’s continued success.
Despite the challenges posed by the shifting landscape, Nvidia has been a dominant force in China’s AI chip market, boasting a market share exceeding 90%, as reported by Reuters. This strong foothold indicates Nvidia’s historical contributions to the development of AI technologies in the country.
The importance of collaboration
Due to the export restrictions, Nvidia may need to explore partnerships and collaborations with local Chinese firms to maintain its presence and relevance in the market. By working together with Chinese players, Nvidia can potentially find innovative solutions and ensure that its products remain accessible to Chinese consumers and businesses.
Jensen Huang’s recent visit to China is a testament to Nvidia’s commitment to its employees and partners. It also highlights the evolving dynamics of the AI chip market in China, driven by the shifting preferences towards domestic offerings due to U.S. export restrictions. As Nvidia navigates these challenges, collaboration and adaptation may be key to its success in the Chinese AI chip market.
In conclusion, Huang’s visit signifies a critical juncture for Nvidia as it seeks to maintain its strong position in China’s AI chip market amidst changing circumstances. The company’s ability to forge meaningful partnerships and adapt to the evolving industry landscape will undoubtedly shape its future in this dynamic market.
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https://www.cryptopolitan.com/nvidia-ceo-jensen-huangs-china-visit/
| 2024-01-27T15:28:12Z
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In a recent press briefing ahead of CES, Nvidia showcased its Ace microservice, an AI suite capable of generating fully voiced AI characters in real time. The demo sparked controversy, with concerns about the ethical implications and data usage of the technology. Purnendu Mukherjee, founder of Convai, the generative AI company behind Nvidia Ace, addressed these concerns in an exclusive interview with Digital Trends.
Generative AI and gaming enhancement
Mukherjee, a software engineer and avid gamer, founded Convai in April 2022 with the aim of enhancing gaming experiences through generative AI. He envisions a future where AI collaborates with artists, specifically narrative designers, to bring a new level of engagement to games. Mukherjee cites examples like Baldur’s Gate 3 and The Witcher, expressing the potential for AI-generated NPCs to interact with players, providing richer narratives and deeper exploration of characters.
During the interview, Mukherjee emphasized that AI is not a replacement for artists but a tool to augment their creative process. He envisions generative AI tools creating more jobs for artists, particularly narrative designers, who play a crucial role in training AI. He argues that artists will remain the creators, masters, and controllers of their work, with AI serving as a powerful tool for expression.
AI’s impact on jobs and industry shifts
Mukherjee acknowledges the ongoing mass layoffs in the video game industry but sees the rise of generative AI as a natural shift. He believes that adapting to work with AI is essential for individuals in the industry. While acknowledging the potential impact on jobs, he maintains an optimistic outlook, suggesting that the demand for skilled individuals to work with AI will increase.
Artists and the intersection of art and tech
Addressing concerns about artists who prefer hand-crafted content, Mukherjee draws parallels between AI and existing tools like Adobe Photoshop or Unreal Engine. He argues that AI is a tool that enhances expressive power while maintaining the artist’s role as the creator and controller of the content. He encourages artists to understand where art and tech intersect, emphasizing that AI is a supportive tool, not a replacement.
The data challenge
One critical aspect Mukherjee addresses is the challenge of data usage in training AI models. He suggests that individuals contributing significant data to these models should be compensated. Whether it’s media outlets like the New York Times or user-generated content on platforms like Reddit, Mukherjee advocates for fair compensation for data contributions. This stance aims to navigate the complex issue of data usage, especially when applied at a commercial level.
Purnendu Mukherjee’s insights shed light on the potential of generative AI in the gaming industry and its collaborative role with artists. While addressing ethical concerns, he maintains an optimistic perspective, envisioning a future where AI and artists work together to create more engaging and immersive experiences. The challenge of data usage is acknowledged, with a call for fair compensation for those contributing significant data to train AI models. As the industry navigates this transformative phase, conversations surrounding the intersection of art and technology will play a pivotal role in shaping the future of creative endeavors.
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https://www.cryptopolitan.com/nvidias-ace-ai-a-creative-tool-not-a-threat/
| 2024-01-27T15:28:19Z
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OKB, the native token of cryptocurrency exchange OKX, faced a sudden and drastic drop in value on Tuesday, experiencing a plunge of over 50% to reach a low of $25 in just three minutes before stabilizing. This abrupt movement prompted OKX executives to launch an investigation into the root cause behind the abnormal price fluctuation.
OKX reacts to its token’s drastic decline
In a subsequent update, the executives linked the volatility to liquidations triggered by the token’s decline following a general market downturn. When the price of OKB hit $48.36, multiple large leverage positions were forcibly liquidated, setting off a chain reaction that also resulted in the liquidation of pledged loans and cross-currency transactions, according to OKX executives. To address the aftermath of this incident, the exchange’s team assured users that they would fully compensate for additional losses caused by abnormal liquidation, covering pledge lending, margin trading, and cross-currency transactions.
The specific compensation plan was promised within 72 hours, reflecting a commitment to transparency and user protection. In response to the incident, OKX outlined plans to optimize various aspects of their platform. This includes adjusting spot leverage gradient levels, enhancing pledged lending risk control rules, and refining liquidation mechanisms. The ultimate goal is to prevent similar issues from occurring in the future and to bolster the overall stability of the exchange.
Investigations and optimization for the future
Crypto Quant CEO Ki Young Ju noted that, as of now, there have been no significant outflows from OKX reserves, providing reassurance amidst the market turbulence. However, on-chain analytics platform Spot On Chain identified suspicious movements from 10 wallet addresses that collectively deposited $9.58 million worth of OKB to OKX the previous week. Spot On Chain suggested that these wallets may belong to a single entity, given the timing of their activities. Yet, it remains unclear whether these wallets were directly linked to the subsequent selloff.
CoinMarketCap data revealed an extraordinary 1,668% increase in trading volume for OKB within the last 24 hours, underscoring the heightened market activity and volatility surrounding the incident. Despite a recovery, the token continued to trade at $46.76, reflecting a 10% decline over the past day. This incident highlights the inherent risks associated with cryptocurrency markets, where sudden and drastic price movements can have cascading effects on leveraged positions and trigger unforeseen consequences. While exchanges such as OKX strive to investigate and address anomalies promptly, the decentralized and complex nature of the cryptocurrency landscape poses ongoing challenges for risk management and market stability.
As the cryptocurrency ecosystem evolves, exchanges face the dual challenge of providing a robust and secure trading environment while adapting to the dynamic nature of digital assets. Market participants, on their part, must remain vigilant and informed about the potential risks involved in trading and investing in cryptocurrencies. The OKB incident serves as a reminder that even well-established exchanges are not immune to unforeseen events, necessitating continuous efforts to enhance risk management protocols and ensure the integrity of the overall market.
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https://www.cryptopolitan.com/okx-promises-compensate-users-token-decline/
| 2024-01-27T15:28:25Z
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Taiwanese technology company Osense has embarked on an exciting journey of expansion into the Southeast Asian market through a strategic partnership with Mywam, Malaysia’s leading provider of software solutions for clinics and medical centers. This collaboration aims to introduce Osense’s cutting-edge Qubby AI dialogue business platform to Southeast Asia, offering tailored AI solutions for medical clinics and centers across the region.
Osense, specializing in Artificial Intelligence (AI) and Extended Reality (XR), has demonstrated its commitment to innovation with the development of a range of groundbreaking solutions. Among these is Minxi (敏熙), Taiwan’s first-ever virtual anchor, a 3D AI virtual dialogue business solution known as Qubby AI, and the pioneering Qubby AI DentalGPT, designed exclusively for dental professionals.
Seizing opportunities in the medical market
The healthcare sector is witnessing rapid growth, presenting ample opportunities to apply Osense’s innovative products. These technologies not only serve to reduce operational costs for clinics but also offer flexible payment options and subscription services, thus facilitating their adoption. This business model, focused on sustainable growth, is at the core of Osense’s strategy.
Osense’s strategic decision to expand into Southeast Asia, a region poised to become the world’s fourth-largest economy with a population of 700 million, is a significant milestone. Through collaboration with Mywam, Osense aims to have approximately 3,000 Southeast Asian clinics embrace the Qubby AI dialogue business platform by 2024.
In addition to the broader Qubby AI platform, Osense and Create Trillion Biotechnology have jointly developed Qubby AI DentalGPT, a specialized AI customer service solution tailored to the unique needs of dental clinics. This innovative tool has been seamlessly integrated into various platforms, including LINE, Facebook Messenger, WhatsApp, websites, and kiosks.
Multilingual capabilities for global reach
One of the standout features of Qubby AI and DentalGPT is their multilingual support, covering a wide array of languages. These AI solutions provide real-time responses to inquiries using a virtual doctor persona, AI voice, and text, enhancing accessibility for users around the world. Furthermore, the promise of additional language support further underscores their commitment to global outreach.
Joseph Wang (王友光), the founder and CEO of Osense, recognizes the partnership with Mywam as a significant milestone for Taiwan’s artificial intelligence software technology, particularly in the international medical industry. This collaboration showcases Taiwan’s prowess in AI and its potential to make a lasting impact on the global stage.
Dr. Felix Chang (張騰文), Chief Product Officer for Osense, emphasizes the importance of customized AI models and databases that meet the specific requirements of clinics. These tailored solutions are seamlessly integrated into various communication platforms, providing clinics with a comprehensive user guide. These tools’ virtual doctor persona, AI voice, and text capabilities ensure accurate and real-time responses to inquiries, enhancing the overall patient experience.
Advancing healthcare through AI innovation in Southeast Asia
Osense’s strategic partnership with Mywam heralds a new era of AI-driven innovation in the healthcare sector across Southeast Asia. Their Qubby AI dialogue business platform and the specialized Qubby AI DentalGPT are poised to transform how medical clinics and centers interact with patients, providing cost-effective solutions and flexible payment options.
With multilingual support and an eye on global expansion, Osense is well-positioned to contribute significantly to advancing healthcare technology while solidifying Taiwan’s reputation as a leader in AI innovation.
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https://www.cryptopolitan.com/osense-partners-to-expand-in-southeast-asia/
| 2024-01-27T15:28:32Z
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In today’s fast-paced world of cryptocurrency, a myriad of events unfolds that can reshape the landscape of digital finance. From the shifting sands of Coinbase’s market position to the intricate details of Bitcoin ETFs’ on-chain activities, and the penetrating gaze of U.S. legislators on Meta’s blockchain ambitions, the crypto sphere is a hive of activity. Let’s dissect these developments, unpacking their significance in the ever-evolving crypto narrative.
The Downgrading Dilemma of Coinbase
Coinbase, the vanguard of cryptocurrency exchanges in the U.S., faces a challenging phase as JPMorgan downgrades its stock from a beacon of hope to a neutral stance. This shift emerges amid the turbulent price action of Bitcoin, especially following the approval of nine spot exchange-traded funds (ETFs). JPMorgan’s analysts have set their sights lower for Coinbase’s stock, maintaining a year-end target of $80, a considerable plunge from its current trading mark around $124. This projection suggests a potential downside of over 35%, signaling turbulent waters ahead for Coinbase.
Despite Coinbase’s dominance in the U.S. crypto market and its prominent position in global cryptocurrency trading, the anticipated boost from Bitcoin ETFs seems to be fading into disillusionment. The declining trajectory of Bitcoin, slipping below the $40,000 threshold, exacerbates this situation, casting a shadow over Coinbase’s future prospects. This downturn in Coinbase’s fortunes is a stark reminder of the volatility and unpredictability inherent in the crypto market.
Unveiling Bitcoin ETFs’ On-Chain Secrets
In a remarkable revelation, Arkham Intelligence, a blockchain research entity, has successfully identified the on-chain Bitcoin addresses of several U.S. spot BTC ETFs. This breakthrough sheds light on the substantial holdings of these funds. Notably, BlackRock’s iShares Bitcoin Trust (IBIT) holds a whopping 33,430 BTC, roughly valued at $1.3 billion. Even more impressive is the Grayscale Bitcoin Trust (GBTC), which holds an enormous 558,280 BTC, translating to nearly $29 billion.
This newfound transparency, while illuminating the ETFs’ operations, raises concerns over potential security risks. The disclosure of on-chain addresses of these significant Bitcoin ETFs opens up a new chapter in the debate over the balance between transparency and security in the crypto world. It highlights the need for robust security measures in the face of increasing transparency demands in the digital finance realm.
Meta’s Blockchain Ambitions Under Scrutiny
Meta, the tech giant formerly known as Facebook, is under the microscope as U.S. lawmakers demand clarity on its foray into blockchain and cryptocurrency. Sparking this inquiry are five active trademark applications related to crypto and blockchain, filed in 2022. Congresswoman Maxine Waters has reached out to Meta’s CEO Mark Zuckerberg for explanations, signaling a growing interest and concern among policymakers about big tech’s role in the digital asset ecosystem.
These trademark applications, encompassing services ranging from crypto trading to blockchain asset transfers, suggest Meta’s continued interest in expanding its footprint in the digital assets domain. This scrutiny from lawmakers underscores the increasing attention and regulatory interest in the intersection of technology and finance, particularly as it pertains to digital currencies and blockchain technology.
FINRA Flags Misleading Crypto Communications
The Financial Industry Regulatory Authority (FINRA) has turned its attention to the accuracy and integrity of crypto-related communications. In a recent examination, FINRA discovered that a staggering 70% of reviewed crypto communications contained misleading or false information, or otherwise violated public communication guidelines. This alarming finding points to a significant issue in the crypto industry: the prevalence of inaccurate or deceptive information disseminated to the public.
This situation calls for a greater emphasis on transparency and honesty in crypto communications, stressing the importance of providing investors with clear, accurate, and comprehensive information about crypto investments and services. The regulatory body’s findings are a stark reminder of the pitfalls in the burgeoning world of digital finance and the need for stringent oversight to protect investors.
As we wrap up today’s overview of crypto events, it is evident that the cryptocurrency landscape is fraught with challenges, opportunities, and a constant state of flux. From Coinbase’s stock woes to the revealing insights into Bitcoin ETFs, and from Meta’s blockchain endeavors to FINRA’s crackdown on misleading crypto communications, the world of cryptocurrency remains a vibrant and complex ecosystem. As investors, tech giants, regulators, and enthusiasts navigate this dynamic domain, one thing is certain – the crypto journey is full of twists and turns, requiring vigilance, adaptability, and a keen understanding of the multifaceted digital economy.
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https://www.cryptopolitan.com/overview-of-todays-crypto-events-and-news/
| 2024-01-27T15:28:38Z
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In a recent incident that has raised concerns over cybersecurity, digital marketing platform Mailer Lite fell victim to a phishing attack, resulting in a substantial financial loss exceeding $600,000. The attack, orchestrated by an unknown party, exploited a vulnerability within Mailer Lite’s system, allowing the perpetrator to impersonate web3 firms and send seemingly legitimate emails that contained malicious links to wallet-draining websites.
Exploiting vulnerability to mimic legitimate entities
Blockaid, a web3 security and privacy firm, shed light on the details of the attack in a social media thread. The exploiter cunningly leveraged a vulnerability in Mailer Lite’s infrastructure to craft emails that appeared to originate from various web3 organizations. This was possible because Mailer Lite had previously been granted permission to send emails on behalf of these organizations’ domains.
The attackers used a technique known as “dangling DNS” records, which had previously been created and associated with Mailer Lite by the affected web3 companies. Even after these organizations had closed their accounts, these DNS records remained active. This oversight allowed the attackers to claim and impersonate these accounts, thus facilitating their malicious activities.
The attackers’ modus operandi involved sending deceptive emails that closely mimicked legitimate communications from reputable web3 organizations. These fraudulent emails contained links that directed unsuspecting recipients to malicious websites that drain their digital wallets.
By utilizing the pre-existing DNS records associated with Mailer Lite, the attackers could maintain a façade of authenticity, further enhancing the credibility of their phishing scheme.
The consequences of this phishing attack were severe, with Mailer Lite suffering a financial setback exceeding $600,000. The unsuspecting victims who fell prey to the malicious emails experienced financial losses as the attackers drained their digital wallets.
The incident underscores the significant financial risks of phishing attacks and the need for robust cybersecurity measures in today’s digital landscape.
Mailer Lite immediate response and ongoing investigation
Upon discovering the attack, Mailer Lite promptly initiated an investigation and took measures to address the vulnerability that had been exploited. The company actively cooperates with law enforcement agencies to identify the perpetrators and bring them to justice. Additionally, Mailer Lite is working closely with affected web3 organizations to rectify the situation and mitigate any further damage.
In the wake of this incident, cybersecurity experts emphasize the importance of implementing enhanced security measures to safeguard against phishing attacks and similar threats. It is a stark reminder that even trusted third-party services, such as Mailer Lite, can be exploited by cybercriminals when vulnerabilities exist.
To prevent future attacks of this nature, experts recommend conducting regular security audits and assessments to identify and rectify vulnerabilities promptly. Ensuring that third-party services have limited access and permissions can also reduce the risk of exploitation.
Furthermore, organizations are encouraged to educate their employees and users about the dangers of phishing attacks and the importance of verifying the authenticity of incoming communications.
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https://www.cryptopolitan.com/phishing-attack-on-mailer-lite/
| 2024-01-27T15:28:45Z
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Sony’s PlayStation 5 (PS5) has been a major success in the world of gaming, but enthusiasts are eagerly anticipating an upgraded version of the console.
PS5 Pro: Awaiting the upgrade
The gaming community is abuzz with anticipation for a PS5 Pro, which would be the enhanced version of Sony’s flagship console. Historically, Sony has introduced upgraded versions of their gaming consoles midway through their life cycles, as seen with the PlayStation 4 Pro. However, the PS5 Pro seems a little tardy in joining the latest console generation, considering it took three years for the PlayStation 4 to get a new version.
PS5 pro expected release date
As of now, it is speculated that the PS5 Pro may not make its debut until late 2024 or even 2025. Sony recently launched the PlayStation Portal, a handheld gaming device dependent on the PS5, and a PS5 Slim with a focus on size reduction rather than performance enhancement. Therefore, it appears that Sony is in no rush to release the PS5 Pro.
Rumored features of the PS5 pro
While PlayStation has yet to officially announce the PS5 Pro, there have been numerous rumors circulating about its potential features. These speculations include:
Enhanced performance: RedGamingTech suggests that the PS5 Pro could feature an eight-core Zen 2 CPU with clock speeds exceeding 4GHz, an RDNA 3 GPU running at up to 2.8GHz, and 16GB of high-speed GDDR6 memory. This configuration could make the Pro twice as powerful as the base PS5.
Improved cooling: A French website, Phonandroid, mentions the possibility of liquid cooling in the PS5 Pro, along with a new AMD APU to boost performance. However, the source’s credibility has been questioned due to inaccuracies in its previous claims.
Chipset shrinking: The transition from 7nm processors to 3nm fabrication technology could allow for a smaller internal chipset in the PS5 Pro, resulting in a more compact console with potential noise reduction benefits.
Cloud gaming integration: It is expected that the PS5 Pro will come equipped with built-in cloud gaming features, aligning with Sony’s recent endeavors in cloud streaming for PS5 games through its PlayStation Plus Premium tier.
Expectations for the PS5 pro
Considering the success of the PlayStation 4 Pro, gamers are anticipating that the PS5 Pro will follow a similar trajectory. Here are some key expectations for the upgraded console:
Focus on 4K gaming: While 8K TVs are available, they remain a niche market. The PS5 Pro is more likely to concentrate on delivering flawless 4K gaming experiences, with stable frame rates and no resolution drops during complex scenes.
Advanced CPU and GPU: A potential upgrade to AMD’s Zen 4 architecture and increased clock speeds for the CPU and GPU could significantly enhance the PS5 Pro’s processing power and graphical capabilities.
Expanded RAM: Increasing the console’s 16GB of shared memory could allow for smoother gaming experiences, reducing the need to access the SSD frequently.
PlayStation link integration: Gamers would like to see Sony’s PlayStation Link technology integrated into the PS5 Pro, eliminating the need for dongles and providing a more streamlined and modern wireless audio experience.
Pricing and release date
Predicting the price of the PS5 Pro is challenging due to recent price fluctuations in the gaming market. However, it is estimated that the PS5 Pro may be priced between $670-$740 or £550-600, making it a significant investment for gamers. As for the release date, reports suggest that late 2024 is the earliest timeframe for the PS5 Pro’s arrival, following the release of a PS5 Slim.
While the PlayStation 5 Pro has not been officially announced by Sony, the gaming community is buzzing with excitement about its potential features and improvements. Gamers can anticipate enhanced performance, improved cooling, and a focus on 4K gaming, among other potential upgrades. However, the release date remains uncertain, with late 2024 being the earliest expected timeframe. As we eagerly await more information from Sony, the gaming world is poised for another leap forward in console gaming technology.
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https://www.cryptopolitan.com/playstation-5-pro-what-to-expect/
| 2024-01-27T15:28:52Z
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Sony’s latest system software update for the PlayStation 5, version 24.01-08.60.00, has just been rolled out, delivering significant improvements for gamers. With a focus on enhancing audio features, connectivity, and overall system performance, this update promises to elevate the gaming experience for PlayStation enthusiasts.
Audio enhancements for PULSE Elite wireless headset and explore wireless earbuds
The highlight of this system software update is the introduction of new features for the PULSE Elite wireless headset and Explore wireless earbuds. Users can now benefit from a sound equalizer feature, allowing them to fine-tune their audio settings to suit their preferences.
Additionally, the update introduces the sidetone feature, enabling users to hear their voice during voice chats, contributing to clearer and more natural communication with friends and teammates.
With the aim of streamlining the user experience, Sony has implemented a new notification system in this update. This feature simplifies switching Bluetooth connections between a PC and the PlayStation 5, ensuring a more convenient and hassle-free transition.
Improved party functionality
PlayStation 5 parties also receive a noteworthy upgrade. The new system software now lists previously joined parties, making it easier for users to rejoin their preferred gaming groups effortlessly. This enhancement aims to facilitate communication and coordination among players, enhancing the multiplayer gaming experience.
System performance and stability have been a continuous focus for Sony, and this update doesn’t disappoint. Gamers can expect improved system software performance and stability, ensuring smoother gameplay and fewer interruptions.
Enhanced messaging and usability
While Sony is keen on enhancing the core gaming experience, it also recognizes the importance of user interaction and communication. As part of this update, messages and usability on various screens have been improved, making it more intuitive and user-friendly for players to navigate and communicate within the PlayStation ecosystem.
PlayStation 5 users can rest easy knowing that the update will be automatically downloaded when their console is turned on. This feature ensures that gamers have access to the latest improvements without manual intervention.
Sony’s ongoing hardware innovation
While Sony continues to invest in software enhancements for the PlayStation 5, the company has not neglected hardware development. In the past year, Sony introduced the highly anticipated PlayStation 5 “slim” version, catering to gamers seeking a more compact and affordable option.
Additionally, Sony ventured into the handheld gaming market with the release of the PlayStation Portal, expanding its gaming ecosystem to provide more options for players on the go.
Rumors of PlayStation 5 Pro
Beyond the current lineup, rumors about Sony’s development of a PlayStation 5 Pro hardware revision are swirling. This potential upgrade is expected to bring a range of performance improvements, acting as an interim solution until a true next-gen system is released.
Among the speculated enhancements are further advancements in ray tracing capabilities and the introduction of path tracing support, promising more immersive and visually stunning gaming experiences.
As Sony continues investing in software and hardware innovation, the PlayStation 5 remains at the forefront of the gaming industry. Gamers can look forward to steady updates and enhancements, ensuring that their gaming experiences on the PlayStation 5 remain unparalleled.
Whether it’s improved audio features, streamlined connectivity, or the promise of future hardware upgrades, Sony is dedicated to delivering the best gaming experiences to its loyal community of players.
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https://www.cryptopolitan.com/playstation-5-system-software-update/
| 2024-01-27T15:28:58Z
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The Pokémon Sword and Shield competitive scene is facing a significant upheaval, as former Pokémon VGC World Championships 2016 winner and renowned YouTuber, Wolfe Glick, sheds light on a legendary Pokémon causing a stir among players. In his video titled ‘Is this Pokemon Ruining the Game?’, Glick focuses on Urshifu and its game-altering ability, Unseen Fist.
Urshifu’s unseen fist: A competitive game-changer
Wolfe Glick argues that the introduction of Urshifu in the Pokémon Sword and Shield expansion pass has disrupted the competitive landscape. The primary culprit, according to Glick, is Urshifu’s ability, Unseen Fist, which allows the Pokémon to bypass protection moves like Protect when executing contact moves. This unique capability has become a game-changer in double battles, where Protect has been a cornerstone for strategic positioning and preservation.
The bedrock of competitive Pokémon
Glick emphasizes the significance of the move Protect in competitive Pokémon battles. Although deemed “nearly worthless” during traditional playthroughs, Protect becomes the linchpin for competitive gameplay. It enables players to shield their Pokémon from damage, fostering a dynamic centered around strategic positioning and preservation. Glick contends that Protect is the key reason competitive Pokémon function smoothly, allowing players to balance offense and defense effectively.
Urshifu’s dominance in competitive play
The YouTuber highlights Urshifu’s prowess beyond its Unseen Fist ability. As a Fighting/Dark or Fighting/Water type Pokémon with two formidable forms and powerful signature moves guaranteeing critical hits, Urshifu stands out as one of the strongest additions to Pokémon Sword and Shield. Glick notes that the Pokémon’s dominance extends beyond its ability to ignore Protect, as it has secured victory in five out of six major competitive events since its introduction. Even if it did not emerge victorious, Urshifu claimed the second position, underscoring its overwhelming presence in the competitive arena.
Challenges beyond unseen fist
Glick explores the challenges posed by Urshifu beyond its Unseen Fist ability. With the impending release of Pokémon Scarlet and Violet in 2022, a new mechanic named Terastallization will be introduced. This mechanic allows Pokémon to change their type mid-battle, granting Urshifu an additional advantage through moves like Rain Dance. Glick argues that these factors compound the difficulties players face when dealing with a Pokémon that not only defies conventional protection but also exhibits no significant drawbacks.
Is Urshifu detrimental to competitive pokémon?
Glick acknowledges the complexity of the situation but leans towards the belief that the game would be “much better” without Urshifu. As a former world champion, he contends that having a Pokémon that not only breaks the established rules of the game but also boasts exceptional strength is, fundamentally, not enjoyable for players. While Glick stops short of a definitive answer, his sentiments indicate a concern shared by many in the competitive Pokémon community.
The competitive Pokémon community is grappling with the unforeseen impact of Urshifu and its unseen Fist ability. Wolfe Glick’s critique, stemming from his experience as a former world champion, underscores the challenges faced by players in adapting to this game-altering dynamic. As the Pokémon Sword and Shield competitive scene evolves, the community awaits potential adjustments or responses from developers to maintain the integrity and enjoyment of the game at its highest level.
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https://www.cryptopolitan.com/pokemon-and-shields-urshifu-raises-concerns/
| 2024-01-27T15:29:05Z
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Polygon Labs, a developer of Ethereum-scaling solutions, is set to launch its groundbreaking AggLayer protocol next month. This innovative protocol aims to bridge the gap between various blockchains, providing users with an experience that “feels like a single chain.”
To address the fragmented state of the blockchain landscape, Polygon Labs aims to create a unified and highly scalable network that offers improved user experiences and enhanced interoperability.
Polygon Labs’ AggLayer solution to the divided blockchain landscape
In a recent blog post, Polygon Labs introduced its AggLayer solution, which leverages zero-knowledge (ZK) proofs to aggregate data from multiple blockchains. The primary objective of AggLayer is to enable developers to seamlessly connect both layer 1 and layer 2 blockchains, effectively merging them into a cohesive and interconnected network.
For end-users, this development promises a user experience akin to that of the internet, eliminating the need for complex and frequent bridging between different blockchain networks. Polygon Labs envisions a future where users can interact with decentralized applications (DApps) without being aware that they are accessing multiple interconnected chains.
Enhancing user experience and scalability
Polygon Labs identified the current state of blockchains as “siloed and lacking interoperability,” resulting in suboptimal user experiences and scalability limitations. AggLayer seeks to rectify this by offering a more unified and efficient approach.
Traditional monolithic blockchains, exemplified by Bitcoin, consolidate functions like transactions, settlements, and data availability within a single layer. On the other hand, modular chains, such as post-Merge Ethereum, distribute these functions across multiple layers to enhance efficiency.
AggLayer combines the advantages of both monolithic and modular architectures using ZK technology.
Launch plans for AggLayer
The eagerly awaited AggLayer protocol is scheduled to launch its first version in February. This initial release is expected to provide a significant boost to the blockchain landscape, offering improved user experiences and interoperability.
Polygon Labs has ambitious plans for the future, with a second version of AggLayer planned for later in the year. This second iteration will include support for asynchronous cross-chain transactions, further advancing the capabilities of the protocol.
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https://www.cryptopolitan.com/polygon-labs-blockchains-agglayer-protocol/
| 2024-01-27T15:29:11Z
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Polymer Labs has successfully secured $23 million in Series A funding, a substantial financial boost aimed at bolstering the development of its innovative Ethereum-based interoperability hub.
In this recent funding round, Polymer Labs garnered crucial support from prominent figures in the blockchain investment sector. Their participation not only injected substantial capital into Polymer Labs but also underscored the industry’s recognition of the company’s potential.
A coalition of top-tier investors
The Series A funding round was a collaborative effort, co-led by Blockchain Capital, Maven 11, and Distributed Global. These prominent entities were joined by influential investors, including Coinbase Ventures, Placeholder, and Digital Currency Group. This robust group of backers underscores the industry’s confidence in Polymer Labs’ vision and the potential of its interoperability solutions.
Polymer Labs, having emerged from stealth mode nearly two years after securing its initial seed funding round of $3.6 million, has showcased an unwavering dedication to the advancement of blockchain technology. During this time, the company has demonstrated its commitment to addressing critical challenges within the blockchain ecosystem. With a strong focus on research and development, Polymer Labs has striven to push the boundaries of what’s possible in the blockchain space, leveraging its financial backing to fuel innovation and create solutions that can potentially revolutionize various industries.
In the highly competitive and rapidly evolving blockchain landscape, Polymer Labs’ persistence and commitment to the technology’s growth are commendable. Their consistent efforts not only highlight their determination but also their belief in the transformative power of blockchain. As they emerge from stealth mode, the industry will undoubtedly keep a keen eye on their developments, expecting further contributions that could shape the future of blockchain applications and services.
Polymer Labs Interoperability with Layer 2 Networks
At the core of Polymer Labs’ mission is the development of a layer 2 network that utilizes the Inter-Blockchain Communication (IBC) protocol. Originally it was designed for the Cosmos ecosystem, IBC enables seamless communication among diverse blockchains. Polymer Labs is harnessing this feature to create an Ethereum-based interoperability hub, addressing the complex challenges introduced by the proliferation of layer 2 solutions.
Polymer Labs’ approach aims to tackle the limitations and vulnerabilities of existing interoperability solutions, such as token bridges. Despite their prevalence, these bridges have been marred by reliability issues, with numerous instances of hacks and security breaches leading to significant financial losses. By fostering a standardized, secure, and efficient communication framework within the Ethereum ecosystem, Polymer Labs is poised to mitigate these risks and enhance the overall robustness of blockchain interactions.
Conclusion
With the backing of its Series A funding, Polymer Labs is set to accelerate the development of its interoperability hub, addressing the pressing need for secure and efficient blockchain communication. The company’s focus on creating a standardized and robust framework for blockchain interactions positions it as a key player in the evolution of blockchain technology. As the industry continues to grow and face new challenges, the solutions provided by Polymer Labs will undoubtedly be instrumental in shaping a more interconnected and secure blockchain future.
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https://www.cryptopolitan.com/polymer-labs-23m-series-funding-ethereum/
| 2024-01-27T15:29:17Z
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Pope Francis has delivered his annual message for the 2024 World Day of Social Communications, addressing the theme “Artificial Intelligence and the Wisdom of the Heart: Towards a Fully Human Communication.” The Pope’s message underscores the role of AI in modern communication and the inherent limitations of machines in replacing the wisdom of the human heart.
AI’s impact on society
In his message, Pope Francis acknowledges the profound impact of artificial intelligence on the world of information and communication, asserting that these changes affect everyone. He raises the crucial question of how humanity can guide this cultural transformation for the greater good.
The role of the human heart
The Pope emphasizes that, in this era marked by technological advancement, our reflections must begin with the human heart. Drawing from biblical symbolism, he describes the heart as the seat of freedom, decision-making, integrity, unity, emotions, desires, dreams, and the place where humans encounter God. It is the wisdom of the heart that enables us to integrate the various aspects of our lives, decisions, vulnerabilities, past, future, individuality, and communal ties.
AI vs. Human Intelligence
Pope Francis contends that the term “artificial intelligence” can be misleading, as true intelligence transcends data storage and requires making sense of information – a task uniquely suited to humans. He warns that the inclination of the human heart can determine whether AI is an opportunity or a threat. While AI algorithms have applications in specific fields, their misuse can distort human relationships and reality, potentially leading to disturbing scenarios. Thus, the Pope asserts the importance of regulating AI but acknowledges that regulation alone is insufficient.
Growth in humanity
The Pope calls for collective growth in humanity, emphasizing the need to become a complex, multiethnic, pluralistic, multireligious, and multicultural society. He underscores the interconnection between information and living relationships, highlighting that genuine relationships involve physical presence, immersion in the real world, and the sharing of human experiences and compassion. Pope Francis pays tribute to journalists who have sacrificed their lives to share the suffering of others, advocating for a deeper understanding of the senselessness of war through direct contact with human pain.
Concluding his message, Pope Francis posits that humanity faces a choice between becoming subjects of algorithms or nurturing hearts capable of discernment and vigilance. He implores society to safeguard its freedom, a prerequisite for growth in wisdom. The Pope prays for the return of wisdom, which predates modern technology, to guide the use of artificial intelligence in service of fully human communication.
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https://www.cryptopolitan.com/pope-point-ai-limitations-in-replacing-human/
| 2024-01-27T15:29:23Z
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The digital publishing industry is on the brink of a significant upheaval, with generative AI poised to disrupt the status quo. This transformation could lead to a devastating impact on publishers potentially resulting in substantial layoffs and even threatening the very survival of some.
At 57 years of age, with over three decades of experience in the publishing realm, the author, who has consulted for numerous renowned publishers, sounds a warning bell about the challenges ahead.
The Growing influence of Generative AI
Generative AI, armed with rewriting capabilities, is rapidly gaining prominence within the digital publishing landscape. It has the potential to challenge content integrity and push the boundaries of copyright norms.
A particularly critical development in this context is Google’s decision to reduce traffic to publishers. This move could deal a significant blow to the industry, potentially setting off a downward spiral.
A divide between established and smaller players
Well-established brands with robust front-door traffic, such as Yahoo!, WSJ, NYT, Daily Mail, CNN, WaPo, and Fox News, appear better positioned to weather this storm. They have the advantage of a steady stream of direct traffic, which could help them withstand the challenges posed by generative AI and reduced Google traffic.
In contrast, smaller publishers like Vox Media, Conde Nast, Hearst, Dotdash/Meredith, Arena, and Penske Media may need to consider drastic measures, including reducing their brand portfolios and focusing solely on those with significant front-door traffic.
Shifting priorities and strategies
In a bid to adapt to the transformative power of generative AI, publishers are seeking efficiency in their operations. However, the implementation of these changes is not without its challenges.
To survive in this evolving landscape, smaller publishers may need to outsource non-core operations and place a stronger emphasis on editorial content.
The playbook for publishers in 2024
The path forward for publishers is undoubtedly challenging but clear. Their primary focus should be on obtaining and growing front-door direct traffic, as this is the key to survival in the evolving digital landscape.
They must anticipate a scenario in which Google, the dominant player, may reduce or cease sending traffic their way. To navigate these turbulent waters, publishers should address several critical questions that will shape their strategies:
They need to first assess whether they have a viable business model that can sustain itself if Google were to stop sending traffic their way. This scenario necessitates a proactive approach to secure alternative traffic sources.
Transforming their homepage into a powerful tool for attracting users repeatedly is another imperative. Publishers should explore ways to make their homepage a go-to destination, encouraging users to return frequently.
To enhance user engagement, publishers must devise strategies to entice visitors to explore more pages once they arrive. This involves creating compelling content and user experiences that keep users engaged and clicking.
Furthermore, differentiating desktop and mobile homepages effectively is crucial. Tailoring the user experience to each platform ensures a seamless and engaging encounter for visitors, regardless of their device.
Strategies for publishers in the age of Generative AI
Generative AI holds immense potential, and publishers should consider harnessing this technology to improve their homepage’s performance. Utilizing AI to automate content creation and personalization can help deliver a more engaging and relevant experience.
Community engagement and user comments can play a pivotal role in driving front-door traffic. Fostering a sense of community and encouraging user-generated content can keep users coming back for more.
Creating content that attracts direct traffic is essential. Publishers should identify topics and formats that resonate with their audience, drawing them to the homepage and encouraging return visits.
Publishers might contemplate partnerships or legal actions involving entities like Google, OpenAI, Microsoft, or other large language models (LLMs). These partnerships could secure traffic guarantees or address industry challenges through collaborative efforts or legal means.
Publisher resilience amidst Google’s influence
Looking ahead, the most critical metric for publishers is the ability to maintain and attract direct home page users. As generative AI continues to evolve and in-page summarization advances, Google may continue to play a role in traffic distribution.
However, it may be a tenuous lifeline, and publishers must not rely solely on it. The potential rollout of Google’s Search Generative Experience (SGE) in 2024 is contingent on the actions of competitors like OpenAI, Amazon, and Facebook. Given Google’s dominant search monopoly, it is unlikely to disrupt the status quo unless compelled to do so by external competition.
Despite the looming challenges, there is hope for publishers. To stay relevant and reinvent their business models, publishers must proactively make changes. The primary goal is to draw users to their home pages and encourage them to return frequently. While the road ahead will be tough, it is not insurmountable.
With a strategic focus on front-door traffic and a commitment to adapt to the changing landscape, publishers can navigate the challenges posed by generative AI and Google’s evolving algorithms.
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https://www.cryptopolitan.com/publishers-crisis-generative-ai-threatens/
| 2024-01-27T15:29:30Z
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Radiant Capital, a cross-chain lending protocol, has embarked on a path to recover from a recent flash loan exploit that resulted in a substantial loss of $4.5 million.
In a bid to rectify the situation, Radiant Capital has taken proactive steps to clear its bad debt, expecting to achieve full debt repayment within the next 90 days.
Radiant Capital’s successful initial payment
Radiant Capital has successfully executed an initial payment amounting to 1,190 Ether (approximately $2.6 million), leaving approximately 720 ETH (equivalent to $1.6 million) in bad debt yet to be resolved.
The repayment process is being carried out by the RFP-27 proposal, which garnered substantial support from the Radiant community and passed.
The Radiant community demonstrated its commitment to addressing the debt issue, with an overwhelming 73% of users voting in favor of repaying the bad debt using existing funds from the Radiant DAO Treasury and operating expenditures.
At the time of the proposal’s passing, the Radiant DAO Treasury held a balance of $5.2 million, while the protocol’s monthly revenue amounted to approximately $500,000.
Ensuring protocol safety
Radiant Capital’s developers emphasized the critical importance of recapitalizing the protocol and fully reimbursing the bad debt. Their primary objective is to safeguard the protocol’s security and ensure unrestricted access to deposits for all users.
The unfortunate incident unfolded when Radiant’s USD Coin lending pool, located on the Arbitrum network, fell victim to a $4.5 million exploit. The attacker identified a rounding issue in the Radiant codebase, which subsequently led to a cumulative precision error.
This vulnerability enabled the attacker to exploit the system through repeated deposit and withdrawal operations.
Analyzing the root cause
Blockchain analytics firm Beosin provided insight into the root cause of the exploit, noting that it essentially capitalizes on a time window when a new market is activated within a lending market, a practice similar to popular platforms like Compound and Aave.
The exploit resulted in Radiant losing an alarming 1.3% of its total value locked at the time of the incident.
Radiant Capital’s response to this setback underscores its commitment to the recovery process and its dedication to making its lending protocol more resilient to such exploits in the future. The proactive approach of addressing the debt issue and involving the community in the decision-making process reflects Radiant’s determination to ensure the protocol’s long-term sustainability.
Looking ahead
In the coming months, Radiant Capital plans to continue making repayments in line with the RFP-27 proposal, to clear the remaining bad debt within approximately 90 days.
Additionally, Radiant remains open to the possibility of leveraging DAO reserve funds if liquidity becomes available sooner than anticipated.
The cryptocurrency and blockchain community will undoubtedly keep a close watch on Radiant Capital’s progress as it endeavors to recover from this significant setback and strengthen its protocol against potential vulnerabilities.
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https://www.cryptopolitan.com/radiant-capital-repayment-flash-loan-exploit/
| 2024-01-27T15:29:37Z
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As we stride into 2024, the global economic stage is set for a riveting drama featuring rate cuts as the main character. Central banks, those elusive puppeteers of the economy, are poised to play a cautious game. Their mantra? Avoiding U-turns at all costs, because let’s face it, no one likes to admit they turned the car around because they missed the right exit.
A Chess Game with Interest Rates
Starting with the Federal Reserve, we’re looking at a scenario that’s more cat-and-mouse than an outright sprint. The Fed, perched on a tightrope of economic data, is eyeing a potential rate cut, but don’t expect them to jump the gun. Their strategy is more ‘wait for the perfect wave’ than ‘surf anything that moves’. The market, ever the eager beaver, predicts rate reductions to sprinkle across 2024, but the Fed, true to its style, is waiting for just the right moment – when inflation decides to take a chill pill and the job market doesn’t look like a roller coaster.
Now, let’s jet over to Europe. The ECB is like that cautious driver on the freeway, reluctant to shift gears too quickly. They’ve toyed with the idea of a rate cut by summer, but only if the inflation monster doesn’t rear its ugly head again. They’re treading a fine line, trying not to trample on the fragile shoots of wage growth while keeping their eyes peeled on inflation. It’s a balancing act worthy of a tightrope walker, and the ECB isn’t about to take a tumble without a safety net.
The Bank of Japan’s Unique Path
Moving to the Bank of Japan, these folks are singing a slightly different tune. While everyone else is chatting about cuts, the BoJ is the odd one out, contemplating a rate hike. But don’t get too excited; they’re as cautious as a cat stalking a cunning mouse. They’ve got their interest rates hunkered down at -0.1%, and despite what the economic soothsayers predicted, they’re not budging. The BoJ is like that friend who says they might come to your party but ends up staying in and watching Netflix. They’re waiting for more solid data, particularly on wages, before they make any moves. It’s all about hitting that elusive 2% inflation target without tripping over themselves.
As for the Federal Reserve, these folks are probably sitting in the comfiest seat. With inflation taking a breather and no economic doomsday in sight, they’ve got room to maneuver. But don’t expect them to start slashing rates willy-nilly. They’re waiting for a sign – either inflation playing nice or the job market sending an SOS. And with their next meeting not until late March, they’re content to watch and wait.
Now, back to our friends at the ECB. They’re playing a game of patience, waiting to see if wage growth will be the inflation catalyst everyone fears. They’re monitoring those wage numbers like a hawk, but they’re mindful of the need for some wage catch-up in the eurozone. The key for the ECB is timing – cut too soon, and they might have to backtrack; wait too long, and they risk stifling growth.
In the grand scheme of things, each central bank is juggling its own set of challenges, trying to strike a balance between stimulating growth and keeping inflation in check. It’s a delicate dance, with rate cuts being the anticipated move, but only when the timing is just right. As we navigate through 2024, keep your eyes on these central banks – they’re the ones pulling the strings in this global economic puppet show.
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https://www.cryptopolitan.com/rate-cuts-expected-to-dominate-2024/
| 2024-01-27T15:29:43Z
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In an unexpected fusion of nostalgia and innovation, the iconic 90s game DOOM has been revived and inscribed onto the Dogecoin blockchain. The integration, a testament to the evolving capabilities of blockchain technology, was made possible through the innovative use of the Dogecoin blockchain’s Ordinals technology.
The technology has introduced a novel utility to the meme-centric network, allowing developers to embed substantial data directly onto the blockchain.
Doginals: Breathing new life into Dogecoin
The integration of DOOM, a first-person shooter that captivated gamers in the early ’90s, marks a significant milestone in the journey of Dogecoin. The game, inscribed on the blockchain on its 30th anniversary by the developer known as @minidogeart, celebrates the legacy of DOOM while showcasing the potential of Dogecoin’s network. The version of DOOM now residing on Dogecoin is a shareware format, featuring nine playable levels, chosen to avoid any legal complications.
It’s foray into digital inscriptions, termed ‘Doginals’ akin to Bitcoin’s Ordinals, represents a paradigm shift in the blockchain’s functionality. These Doginals are not mere tokens but are intricate digital entries capable of storing a variety of data formats, including images, videos, audio, and text files, directly on the blockchain. The advancement has not only enriched the Dogecoin ecosystem but has also extended its utility far beyond its origins as a dog-themed meme token.
Transactional surge and market impact
The introduction of Doginals has catalyzed a significant surge in transactional activity on the network. The ability to embed art collections, games, and other digital assets onto the blockchain has captured the imagination of developers and users alike, leading to a substantial uptick in network transactions. In May, the excitement surrounding Dogecoin inscriptions propelled transaction volumes to unprecedented levels, culminating in a noteworthy 10% appreciation in the cryptocurrency’s value.
Although transactional activity experienced a cooling period in the subsequent month, recent data indicates a resurgence, with transactions rising from 90,000 to 420,000. The revitalization of network activity underscores the growing interest in Dogecoin’s expanded capabilities and its potential to foster a vibrant ecosystem encompassing not just the DOGE token but an array of digital assets and experiences.
A future shaped by Doginals
Developers like @minidogeart are optimistic about the transformative impact of Doginals and Ordinals technology on the broader Dogecoin ecosystem. These digital inscriptions are not merely transactions; they represent a profound evolution in how blockchain technology is utilized. Each Doginal, by embedding digital assets directly into a transaction, imbues it with intrinsic value and permanence, elevating the blockchain exchange to more than just a financial interaction.
The successful inscription of DOOM on the Dogecoin blockchain is a powerful demonstration of the network’s capacity to securely store and manage a wide array of digital content. This capability is not limited to games but extends to various forms of digital assets, promising a future where the blockchain serves as a robust and secure repository for digital ownership and experiences.
Conclusion
The inscription of DOOM onto the Dogecoin blockchain is more than a nostalgic nod to a classic game; it’s a bold statement about the future of digital assets and blockchain technology. As the Dogecoin network continues to evolve, it paves the way for an exciting era where the lines between gaming, digital ownership, and blockchain utility are beautifully blurred.
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https://www.cryptopolitan.com/reviving-doom-finds-a-new-home-on-dogecoin/
| 2024-01-27T15:29:50Z
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Riot Games, a leading game development company known for titles like League of Legends, recently announced a significant restructuring plan involving the layoff of approximately 11% of its workforce, totaling around 530 employees. The decision, revealed by the Tencent-owned company, also encompasses the discontinuation of Riot Forge, its publishing group established five years ago.
Riot Games cuts 11% of its workforce
In a message addressing the impacted employees, Riot Games provided details about the severance package and additional benefits, including access to job placement services, counseling, visa support, and the provision of new laptops to replace work computers if necessary. The brunt of the layoffs was felt outside the core development teams. CEO Dylan Jadeja expressed the somber nature of the decision, acknowledging the difficulty of the moment for those leaving the company. He conveyed gratitude for their contributions to Riot and players, emphasizing the commitment to supporting affected individuals through the transition.
Simultaneously, Riot Games communicated the changes to its player base, asserting that the layoffs were deemed unavoidable but necessary for the company’s sustainability. Jadeja clarified that the decision wasn’t driven by shareholder appeasement or meeting quarterly earnings targets but was seen as imperative for the company’s viability. The organizational adjustments are anticipated to have an immediate impact on two key areas – Riot Forge and the digital collectible card game Legends of Runeterra.
Riot Forge, initiated in 2019 to collaborate with independent developers on new League of Legends stories, will be discontinued after the release of its sixth and final game, “Bandle Tale: A League of Legends Story.” Despite having launched five previous games, including Convergence, Hextech Mayhem, The Mageseeker, Ruined King, and Song of Nunu, Riot Forge couldn’t escape the broader restructuring. Legends of Runeterra, while not facing closure, is set to undergo adjustments. Jadeja acknowledged that the game’s performance fell short of expectations, leading Riot Games to reduce the team size and shift focus towards enhancing its single-player (PvE) adventure mode, the “Path of Champions.”
Unveiling a comprehensive shift amid reductions
The CEO admitted that some of the company’s substantial investments hadn’t yielded the anticipated returns, necessitating a reassessment of costs and a strategic refocusing. Jadeja expressed concerns about the company’s escalating costs reaching unsustainable levels, leaving no room for experimentation or failure, elements deemed crucial for a creative enterprise like Riot Games. This predicament, according to Jadeja, puts the core of the business at risk, prompting the need for strategic adjustments.
The restructuring at Riot Games aligns with a broader trend in the video game industry, where several prominent publishers have implemented job cuts. Epic Games, for instance, made headlines in September with the elimination of 830 positions. Other industry giants, including Ubisoft, Electronic Arts, and Activision Blizzard, have also undertaken measures to streamline their operations. The challenges faced by Riot Games mirror the complex dynamics of the ever-evolving gaming industry. The decision to discontinue Riot Forge and reevaluate Legends of Runeterra reflects the company’s commitment to adapt to market realities and ensure long-term sustainability.
As the gaming landscape continues to evolve, Riot Games, like its industry counterparts, navigates the delicate balance between innovation, financial prudence, and responsiveness to player expectations. While the announcement undoubtedly signals a challenging period for Riot Games and its affected employees, the company’s commitment to supporting the departing staff and strategic adjustments underscores a dedication to weathering industry challenges and maintaining its position as a key player in the competitive gaming market.
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https://www.cryptopolitan.com/riot-games-cuts-shuts-down-ipublishing-arm/
| 2024-01-27T15:29:56Z
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US-based esports company Riot Games, known for its flagship game, League of Legends, has revealed plans to cut more than 500 jobs worldwide. The company, which employs approximately 300 people at its European headquarters in Dublin, Ireland, did not provide a detailed breakdown of which regions will be affected by the layoffs.
However, it is expected that the Irish operation may not be spared from the restructuring efforts. This decision impacts around 11% of Riot Games’ global workforce.
Riot Games made headlines in recent years for its significant investments, including opening a remote broadcast center in Swords, Co Dublin, less than two years ago, with an investment of €18.5 million. This former Wright Venue nightclub facility has served as a vital hub for the company’s global live events. However, some of these substantial investments have failed to yield the expected returns, leading Riot Games to reevaluate its financial strategy.
Riot’s CEO, Dylan Jadeja, stated,
“Some of the significant investments we’ve made aren’t paying off how we expected them to. Our costs have grown to the point where they’re unsustainable, and we’ve left ourselves with no room for experimentation or failure – which is vital to a creative company like ours. All of this puts the core of our business at risk.”
Regretful decisions and support for affected employees
Jadeja expressed his sadness regarding the job cuts, acknowledging the impact it would have on the affected employees and their families. He said,
“There’s no way around the fact that this is an extremely sad moment. For those who are leaving… I want to reiterate we are deeply sorry for the impact this has on you and your family. I can’t thank you enough for everything you’ve done for Riot and your dedication to players. We’re committed to doing our best to support you in this moment and through this transition.”
Riot Games, a subsidiary of the Chinese conglomerate Tencent, boasts annual revenues of $1.8 billion. The company’s decision to reduce its workforce reflects its challenges in optimizing its financial sustainability amid changing market dynamics.
While Riot Games did not provide specific details about how its Dublin headquarters would be affected, it is expected that the location will experience some level of restructuring. The company’s presence in Dublin, a key European hub for esports and gaming, plays a crucial role in its global operations.
Plans and creativity preservation
Riot Games has been recognized for its flagship game, League of Legends, and for fostering creativity within the gaming industry. Though regrettable, the company’s decision to trim its workforce aims to secure its financial future and maintain the creative freedom necessary for innovation.
Riot Games is not the first major player in the gaming industry to announce job cuts in recent times. As the industry evolves, companies constantly adapt to remain competitive and financially sustainable. Riot Games’ strategic move reflects the broader challenges the esports and gaming sectors face as they navigate shifting market dynamics.
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https://www.cryptopolitan.com/riot-games-global-workforce-reduction/
| 2024-01-27T15:30:03Z
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Ripple Labs Inc. has taken a significant legal step in the lawsuit against the U.S. Securities and Exchange Commission (SEC) by submitting a motion to file a sur-reply. The motion addresses what Ripple terms as “significant factual mischaracterizations” presented by the SEC.
The legal maneuver, presented before Judge Sarah Netburn of the Southern District of New York, has added another layer of intensity to the already contentious case.
SEC requests audited financial statements and more
At the center of this legal battle is the SEC’s request that Ripple provide audited financial statements for 2022-2023. Additionally, the SEC is seeking documents related to the sale or transfer of XRP to entities other than employees.
Furthermore, the regulatory body is interested in obtaining information concerning the proceeds Ripple received from institutional XRP sales following the lawsuit’s initiation.
Ripple had previously objected to these requests from the SEC, claiming that they were overly burdensome. However, the SEC has vehemently refuted these objections, asserting that Ripple’s objections are baseless and inaccurate.
This ongoing dispute over document production and its burden on Ripple is a key point of contention in the case.
Ripple’s sur-reply motion
In response to the SEC’s refutations and the broader narrative surrounding the lawsuit, Ripple’s counsel has filed a sur-reply motion. This motion aims to clarify what Ripple believes to be inaccuracies presented by the SEC in its recent submissions.
One specific point of dispute highlighted in the sur-reply is the SEC’s portrayal of Ripple’s resistance to producing post-complaint contracts. Ripple argues that it specifically objected to the SEC’s request as “overly burdensome,” directly contradicting the SEC’s narrative.
The submission of this sur-reply motion marks a critical juncture in the ongoing legal proceedings between Ripple Labs Inc. and the SEC. As both parties continue to clash over the scope of document production and the burden it places on Ripple, the case has become increasingly complex.
What lies ahead
The outcome of this lawsuit has significant implications for Ripple and the broader cryptocurrency industry. The central question is whether XRP, the digital asset created by Ripple, should be classified as a security or a digital currency. The classification could have far-reaching consequences for how XRP is regulated and traded in the United States.
While the legal battle unfolds, market observers and participants closely watch the developments. The case has the potential to set a precedent for how the SEC regulates cryptocurrencies and how companies in the crypto space operate within the United States.
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https://www.cryptopolitan.com/ripple-labs-inc-files-sur-reply-in-ongoing/
| 2024-01-27T15:30:14Z
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Healthcare providers worldwide need to be cautious about adopting Artificial Intelligence (AI) technologies, particularly in low- and middle-income countries, warns the World Health Organization (WHO).
While Large Multi-Modal Models (LMMs), a subset of generative AI, have the potential to revolutionize healthcare, the WHO underlines the need for awareness and responsible implementation.
AI in healthcare: A game-changer
The WHO acknowledges the significant potential of Large Multi-Modal Models (LMMs) in healthcare. These AI systems, like ChatGPT, Bard, and Bert platforms, have rapidly gained prominence. LMMs can process various data inputs, including text, videos, and images, to generate various outputs.
Their applications in healthcare encompass diagnostics, scientific research, drug development, medical training, administration, and even patient self-assessment of symptoms. By analyzing vast amounts of medical data, such as images, scans, and electronic health records, LMMs can enhance diagnostics, improve treatments, predict patient outcomes, and increase efficiency.
One of the most significant advantages of AI in healthcare is the potential to save lives by providing accurate diagnoses and personalized treatment plans. Moreover, it can alleviate the burden on healthcare professionals, allowing them to focus on more critical tasks than routine paperwork. In regions with a shortage of medical practitioners, LMMs can play a pivotal role in improving healthcare accessibility, ensuring a broader and more equitable reach of medical care.
Risks and challenges
Despite the promising outlook, the WHO cautions against overlooking the associated risks. Misdiagnoses and inappropriate treatment decisions may result from overestimating the capabilities of LMMs, particularly if their limitations are not adequately acknowledged.
Furthermore, healthcare systems are likely to become overly dependent on LMMs, especially in low- and middle-income countries where maintenance and updates may be inadequate. This reliance could also lead to job losses and necessitate significant retraining for healthcare workers.
Moreover, the environmental cost of training and utilizing these AI models is a concern. AI models are known to contribute to carbon emissions and water consumption. Additionally, the development and deployment of LMMs are primarily concentrated in the hands of large tech companies due to the high financial costs involved, potentially reinforcing their power and dominance in the field.
Inequalities in access
The WHO raises issues related to the equality of access to AI in healthcare. The digital divide and high subscription fees could limit access to these models, exacerbating health inequalities between developed and developing countries. Furthermore, if LMMs are trained on biased data, they could perpetuate these biases within healthcare systems.
Addressing these challenges necessitates building the necessary infrastructure and implementing regulations for the use of AI across both public and private sectors. Transparency, robust data governance, and ethical considerations are paramount.
Initiatives such as providing grants, access to shared cloud computing resources, and open datasets could significantly benefit low- and middle-income countries, leveling the playing field.
International organizations can facilitate knowledge transfer and support countries in obtaining local data, ensuring that these AI models reflect regional needs accurately. The involvement of stakeholders from nations with fewer resources in developing and governance new LMM technologies is crucial to championing inclusive development.
Ultimately, the WHO recognizes that some harm from AI in healthcare is inevitable. Therefore, the guidance offered by the organization includes recommendations on liability schemes and calls for compensation mechanisms in case patients suffer due to AI. Establishing clear liability norms and robust regulatory oversight is essential to guaranteeing that individuals adversely affected by LMMs receive adequate compensation and legal recourse.
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https://www.cryptopolitan.com/risks-and-rewards-of-ai-in-healthcare/
| 2024-01-27T15:30:21Z
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The Modern Warfare 3 gaming community finds itself in a heated debate over the introduction of the Rubber Duck Operator skin in Season 1 Reloaded. Opinions are divided, with some players expressing their discontent over the seemingly unrealistic addition to the game, while others defend it as a refreshing change of pace. Let’s dive into the controversy surrounding the new skin and the diverse reactions it has sparked.
The Rubber Duck raises concerns
In a game series known for its realistic military settings, the Rubber Duck Operator skin has raised eyebrows among some players. They argue that the bright yellow duck mask worn by Corio, part of the Rubber Duck bundle, disrupts the immersive experience of Modern Warfare 3. Some players even go so far as to question the taste of those who purchase such whimsical skins, with one Reddit user sarcastically commenting, “Love that MW3 is back to adding realistic soldier skins again.”
Debate over game’s identity
The Rubber Duck skin has reignited a discussion about Modern Warfare 3’s identity. Some players believe that the game is torn between being a realistic military shooter and embracing a more arcade-like style, similar to Fortnite. They argue that the developers should commit to one direction or the other, suggesting that adding light-hearted skins like Rubber Duck masks clashes with the game’s overall aesthetic.
Appeal to both crowds
On the flip side, there are players who welcome the inclusion of playful and unconventional cosmetics. They argue that these types of skins inject fun and variety into the gaming experience. One player mentioned, “This may be an unpopular opinion but I much prefer these goofy/silly skins to the cringey edge lord flaming skull type skins that are supposed to be ‘cool’ and badass.”
Future skins and crossovers
Despite the mixed reactions, it is unlikely that the developers will halt the introduction of colorful skins. Leaks have hinted at potential crossovers with popular franchises like The Walking Dead and Warhammer 40k, which could further diversify the cosmetic options available to players in Modern Warfare 3.
The controversy surrounding the Rubber Duck Operator skin in Modern Warfare 3 illustrates the diverse tastes within the gaming community. While some players view it as an unrealistic and disruptive addition to the game, others appreciate the lighthearted change it brings to the table. The debate also highlights the broader issue of the game’s identity and whether it should cater exclusively to the realistic military shooter crowd or embrace a more playful arcade-like style. As Modern Warfare 3 continues to evolve, it remains to be seen how the developers will balance these contrasting preferences while offering exciting new content for its player base.
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https://www.cryptopolitan.com/rubber-duck-operator-skin/
| 2024-01-27T15:30:28Z
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In a significant move towards artificial intelligence, German software giant SAP has announced a comprehensive restructuring plan. The plan, unveiled on January 23, involves a €2 billion restructuring of 8,000 roles within the company. This strategic shift underscores SAP’s commitment to AI-driven business areas, reflecting the industry’s evolving landscape.
SAP’s commitment to AI
SAP, a global leader in enterprise software, is taking bold steps to harness the potential of artificial intelligence. With a vision of generative AI fundamentally transforming its business, the company has pledged to invest more than US$1 billion and is launching a new initiative through its enterprise capital firm, Sapphire Ventures, to support AI-powered technology start-ups. These moves demonstrate SAP’s commitment to remaining at the forefront of innovation in the technology sector.
SAP’s restructuring program is a strategic response to the ever-evolving technology landscape. The company aims to better focus on key growth areas, particularly in the realm of business AI. To achieve this, SAP plans to reshape its workforce, optimizing it for the challenges and opportunities presented by AI technologies.
Implementation of the restructuring plan
SAP intends to implement the restructuring program primarily through voluntary leave programs and internal reskilling initiatives. This approach aligns with the company’s goal to exit 2024 with a headcount that mirrors its current levels. SAP currently boasts a workforce of over 105,000 employees worldwide, according to the company’s website.
While SAP is committed to embracing AI-driven growth, the restructuring expenses associated with the plan will primarily impact the company’s operating profit during the first half of 2024. However, these investments are essential for SAP’s long-term strategy and its ambition to lead in the AI-powered technology landscape.
Cloud revenue projections
In addition to the restructuring plan, SAP also shared its cloud revenue projections. The company forecasts its cloud revenue for 2024 to be in the range of €17 billion to €17.3 billion. Furthermore, SAP updated its 2025 outlook, projecting an adjusted cloud gross profit of approximately €16.2 billion.
Cloud revenue performance
SAP’s cloud business is a significant driver of its revenue. However, the company faced challenges in meeting its forecasts in recent periods. At the end of 2023, SAP reported cloud business revenue of €13.66 billion, falling short of its projection of €14.06 billion. This underscores the importance of SAP’s strategic restructuring and renewed focus on AI-driven growth to enhance its performance in the cloud business.
SAP’s €2 billion restructuring plan, involving the reshaping of 8,000 roles, reflects the company’s dedication to embracing artificial intelligence and positioning itself as a leader in AI-powered business solutions. While the restructuring expenses are expected to impact operating profit in the short term, SAP’s commitment to innovation and AI-driven growth is poised to drive long-term success.
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https://www.cryptopolitan.com/sap-shifts-focus-towards-ai/
| 2024-01-27T15:30:34Z
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In a recent cybersecurity incident, scammers targeted major Web3 companies, including Cointelegraph, WalletConnect, and Token Terminal, in a hacking and phishing attack. The attackers allegedly exploited vulnerabilities in the email service provider MailerLite, leading to the theft of over $580,000 from unsuspecting victims.
Investors lose $580,000 to scammers in phishing attacks
Cryptocurrency investigator ZachXBT highlighted a multichain address on Telegram, indicating that the stolen funds had reached $580,000 through a series of phishing emails. The compromised wallet contained a diverse range of 280 cryptocurrency tokens, with Ethereum constituting 86% of the portfolio, amounting to 227 ETH at the time of the report. WalletConnect, a key player in the Web3 space, issued a warning on social media platform X (formerly Twitter), acknowledging the phishing email that encouraged users to click on a malicious airdrop link.
Users of Web3 SocialFi and the antivirus app De.Fi were also targeted through an email promoting a launchpad launch, complete with a link to a fraudulent airdrop. Additionally, scammers announced a fake Token Terminal beta launch, enticing users with a button to claim a non-existent airdrop. Jess Houlgrave, COO of WalletConnect, revealed that the attackers utilized the company’s genuine email address to distribute phishing emails. WalletConnect is actively cooperating with MailerLite, the email service provider, which is currently investigating the breach.
Analysts call for vigilance amid increased phishing attacks
MailerLite is yet to disclose specific details on how the attackers exploited official email addresses. As of the time of reporting, Token Terminal and De.Fi have not provided any official comments on the situation. Insights from Web3 security firm Blockaid suggest that the attackers employed Angel Drainer, a wallet-draining software previously associated with the high-profile Ledger Connect Kit attack in December 2023. Investors and users are urged to exercise caution when confronted with unexpected airdrop announcements via email.
The recent incident underscores the need for heightened cybersecurity measures within the cryptocurrency and Web3 space to protect users from phishing attacks and fraudulent schemes. It is essential for companies operating in the cryptocurrency sector to strengthen their cybersecurity protocols and remain vigilant against evolving threats. The exploitation of MailerLite’s vulnerabilities raises concerns about the potential risks associated with relying on third-party service providers for email communication.
As the investigation unfolds, industry stakeholders should collaborate to share information on emerging threats and enhance collective security measures. This incident serves as a stark reminder of the persistent challenges faced by the cryptocurrency community in combating cyber threats and underscores the importance of proactive measures to safeguard user funds and sensitive information. The recent hacking and phishing attack targeting major Web3 companies highlights the vulnerability of the cryptocurrency ecosystem to sophisticated cyber threats. Users and investors are advised to stay informed, exercise caution, and adopt best practices to mitigate the risks associated with fraudulent activities in the digital asset space.
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https://www.cryptopolitan.com/scammers-investors-cordinate-phishing-emails/
| 2024-01-27T15:30:42Z
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The U.S. Securities and Exchange Commission (SEC) has intensified its demands against Ripple, a prominent player in the cryptocurrency sphere. The SEC has filed a new motion to compel Ripple to produce financial documents and details of post-complaint XRP sales contracts. This recent development marks a significant escalation in the SEC’s legal strategy as it scrutinizes Ripple’s operations.
SEC’s argument for document production
The SEC’s latest filing, submitted to Judge Sarah Netburn of the Southern District of New York, specifically requests Ripple to provide audited financial statements for 2022 and 2023, along with all contracts related to XRP sales to non-employee parties since the initial complaint. The SEC argues that these documents are crucial for determining appropriate remedies in the case. They assert that Ripple’s financial activities and sales contracts post-complaint are relevant for assessing potential violations and formulating effective remedies.
The Commission has countered Ripple’s objections by stating that the company’s ongoing sales and financial condition are pivotal in understanding the full scope of the case. The SEC’s insistence on these documents reflects its commitment to thoroughly investigating and remedying potential regulatory breaches.
Ripple’s counterarguments and concerns
In response, Ripple has vehemently opposed the SEC’s motion, challenging both the timing and relevance of the requests. The company contends that the SEC had sufficient opportunity to request this information during the discovery phase of the litigation. Ripple accuses the SEC of seeking to introduce a new phase of litigation, which it views as unwarranted and unnecessary.
Furthermore, Ripple argues that the information sought by the SEC, particularly regarding its recent sales and financial condition, does not directly impact the court’s decision-making process regarding remedies. They express concerns that the SEC’s approach could lead to a protracted and redundant re-litigation of the case. Ripple emphasizes that such a move could disrupt the judicial process and impose undue burdens on all parties involved.
The SEC’s intensified legal stance against Ripple carries significant implications for the company and the broader cryptocurrency market. Ripple’s defense and the outcome of this case could set a precedent for how cryptocurrency companies are regulated and scrutinized under U.S. securities laws. Market participants are closely watching the outcome of this legal battle, as it could influence future regulatory approaches towards digital assets.
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https://www.cryptopolitan.com/sec-intensifies-legal-demands-on-ripple/
| 2024-01-27T15:30:46Z
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The financial world’s eyes were glued to the next big leap in cryptocurrency investment vehicles, but the SEC has thrown a curveball, hitting the pause button on BlackRock’s much-anticipated Ethereum ETF. After the green light for Spot Bitcoin ETFs flickered on in early January, optimism was sky-high for a swift follow-up with Ethereum. Yet, the regulatory watchdog has decided to take a beat, leaving market watchers and crypto enthusiasts hanging in suspense.
The SEC’s recent filing was a cold shower for those heated up by the crypto craze, stating the need for a “longer period within which to take action” on BlackRock’s proposal. The new D-day? March 10, 2024. This move isn’t new to the playbook; the SEC has a history of pushing back on crypto ETF decisions, including BlackRock’s Bitcoin ETF and, more recently, Fidelity’s Ethereum ETF proposal.
Regulatory Hurdles and Hoops
The SEC’s cautious dance around cryptocurrency ETFs isn’t just a simple two-step; it’s a full-blown tango with complexity and controversy. Gary Gensler’s SEC, not exactly the life of the crypto party, seems to be dragging its feet, much to the chagrin of digital currency advocates. The 45-day decision window came and went, with the SEC opting for delay over decision, sparking a sense of déjà vu and a flurry of social media uproar from the crypto community.
This pattern of procrastination isn’t isolated. It echoes across the board, with other Ethereum ETF hopefuls likely to face similar stalls. The backdrop to this regulatory slow dance? BlackRock’s recent Bitcoin ETF success and its swift pivot to champion an Ethereum ETF, banking on the blockchain‘s “transformational utility.” The Wall Street giant, along with its CEO Larry Fink, is keen on feeding the financial machine with more crypto offerings, despite the potential redundancy for investors already holding Bitcoin ETFs in their portfolios.
Marketing Challenges and Considerations
The intrigue deepens when considering how to market an Ethereum ETF. The Bitcoin ETF’s allure was its diversification punch, a novel spice for investors’ portfolios. But with that diversification already in play, the pitch for adding Ethereum into the mix gets trickier. Sui Chung, CEO of CF Benchmarks, shed light on this conundrum, emphasizing Bitcoin’s role in enhancing portfolio performance through diversification, rather than its underlying technology.
The conversation around Ethereum, however, might need to delve into the nitty-gritty of smart contracts, DeFi, and the blockchain’s recent shift to a more eco-friendly model. This pivot away from the energy-intensive proof-of-work system to a validator-based approach could be a selling point, yet ESG (Environmental, Social, and Governance) controversies loom large, making it a potentially thorny path for marketers.
The SEC’s hesitancy, BlackRock’s strategic maneuvers, and the marketing maze present a complex tapestry for the future of Ethereum ETFs. As the crypto world waits with bated breath for the SEC’s final verdict, the narrative unfolding is one of regulatory caution, strategic innovation, and the endless quest for portfolio diversification in the digital age. The march towards March 2024 continues, with the crypto community, investors, and regulatory watchers all keenly tuned in to what the future holds for Ethereum ETFs.
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https://www.cryptopolitan.com/sec-postpones-blackrocks-ethereum-etf/
| 2024-01-27T15:30:52Z
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The financial world is no stranger to high-stakes drama, and the latest chapter between Ripple Labs and the SEC is nothing short of a blockbuster. At the heart of the matter are Ripple’s financials and institutional sales contracts, with the SEC itching to lay its hands on them. They’re not just looking for light reading; they’re on a hunt for evidence to bolster their ongoing enforcement action. And let’s be clear, when the SEC gets that gleam in its eye, you know things are about to get spicy.
The Battle of Wills
The tug-of-war kicked off with the SEC penning a letter to Judge Sarah Netburn, not to catch up on old times, but to ask, rather insistently, for Ripple to cough up its financial statements for the past couple of years, along with contracts for institutional sales. Why, you ask? Because Judge Analisa Torres, in a plot twist, declared in a summary judgment that XRP’s institutional sales were indeed securities sales. Talk about a cliffhanger.
Ripple, however, wasn’t about to hand over the keys to the kingdom without a fight. In a strategic countermove, they shot back with a letter of their own, arguing that the discovery phase had long since ended, and their recent financial shenanigans were irrelevant. But the SEC, in a response that could only be described as ‘Oh no, you didn’t,’ retorted that Ripple’s wealth was a vital piece in determining the size of the penalty. After all, what’s a punishment if it doesn’t sting a little?
A Financial Tightrope
The SEC’s latest maneuver, a reply in further support of their motion to compel, wasn’t just a legal volley; it was a statement. They’re not ready to back down, and they’re armed with legal precedent. The motion to compel is their way of saying, ‘Enough with the games, let’s see what you’re really made of.’ It’s a legal tool designed to pry open the doors Ripple seems so keen on keeping shut.
But let’s not forget the elephant in the room: XRP’s price. It’s been on a bit of a downward spiral, trading at a three-month low. The market is holding its breath, waiting to see if XRP can pull a phoenix and rise from the ashes. If it does, it could spell a reversal of fortunes, not just for Ripple but for investors who’ve been riding this rollercoaster.
In the grand scheme of things, this legal skirmish is more than just a dispute; it’s a narrative about power, money, and the fine line between regulation and innovation. Ripple’s dance with the SEC is a testament to the complex ballet that is the financial market, where every step, every legal brief, can sway fortunes in a heartbeat.
So, as we watch this saga unfold, let’s not lose sight of the broader picture. It’s not just about Ripple and the SEC; it’s about the future of digital currencies and the regulatory frameworks that will either nurture or stifle their growth. The outcome of this battle could very well set the tone for how digital currencies are treated on the global stage.
In the end, this isn’t just a financial dispute; it’s a narrative about ambition, strategy, and the relentless pursuit of progress. Ripple and the SEC are but players on a stage much larger than themselves, acting out a drama that will likely echo through the halls of finance for years to come. So, grab your popcorn, folks; this show is far from over.
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https://www.cryptopolitan.com/sec-wealths-role-in-ripple-financial-dispute/
| 2024-01-27T15:30:59Z
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Shiba Inu’s layer-2 solution, Shibarium, has achieved a remarkable milestone, surpassing 300 million transactions. This significant growth reflects the continued success of Shibarium, which was developed to address Ethereum‘s high transaction fees and provide a scalable solution for the Shiba Inu ecosystem.
One of the primary objectives of Shibarium was to reduce transaction fees for users within the Shiba Inu community. Ethereum, while known for its security and reliability, has faced challenges related to high gas fees. Shibarium was created as a layer-2 solution on top of Ethereum to tackle this issue, making transactions more affordable for Shiba Inu participants.
Shibarium’s rapid development and adoption
Shibarium officially launched on the Ethereum mainnet in August 2023 after extensive development and testing by the Shiba Inu team and its dedicated community. Since its launch, Shibarium has experienced rapid growth in total transactions. In just five months, it has crossed the impressive milestone of 300 million total transactions, as reported by Shibariumscan Explorer, with 304,302,131 total transactions to date.
The Shiba Inu ecosystem has also seen an increase in wallet addresses, currently numbering 1,343,792, and a substantial number of total blocks, reaching 2,789,983. These statistics underscore the growing adoption and utilization of Shibarium within the Shiba Inu community.
Beyond reducing transaction fees, Shibarium serves as a platform for innovation and collaboration within the Shiba Inu ecosystem. It provides a solid foundation for the development of decentralized applications (dApps) like Shib: The Metaverse, Shiba Eternity, and various other projects, products, platforms, and services within the broader Shiba Inu community.
Lucie, a member of the SHIB team, expressed optimism about Shibarium’s future, stating that it is still in its early stages and hinting at exciting projects currently in development. This suggests that Shibarium has the potential to surprise the community with innovative initiatives in the near future.
Continued SHIB burning and NFT collections
Meanwhile, the Shiba Inu community continues its efforts to burn SHIB tokens. The Shibdream NFT collection recently achieved the significant milestone of burning 100 million SHIB tokens. In the last 24 hours alone, a total of 111,672,568 SHIB tokens were burned, as reported by Shibburn.
Overall, Shiba Inu’s Shibarium has achieved an impressive milestone by surpassing 300 million transactions, fulfilling its role as a scalable solution for the Shiba Inu ecosystem and reducing transaction fees. With ongoing innovation and SHIB burning initiatives, the future looks promising for the Shiba Inu community and its dedicated supporters.
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https://www.cryptopolitan.com/shiba-inu-surpasses-300-million-transactions/
| 2024-01-27T15:31:05Z
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In a significant development for the Shiba Inu cryptocurrency, the team behind the popular digital asset has announced the commencement of an automated SHIB token-burning mechanism. This move, revealed in the latest edition of Shiba Inu Magazine, marks a pivotal step in the evolution of the cryptocurrency’s economic model.
Automated burn system: A game changer for Shiba Inu
The introduction of the automated SHIB token burn is set to begin with its deployment on the testnet, known as Puppynet. This initial phase is critical for ensuring the efficiency and reliability of the system before its integration into the Mainnet. The development team emphasizes the importance of this testing phase, which will include multiple upgrades to optimize performance and enhance transparency.
This strategic shift to an automated process follows five manual SHIB burns conducted by the Shiba Inu team, which collectively removed over 43 billion SHIB tokens from circulation. These manual burns, which represented fees from transactions on the Shibarium blockchain, played a significant role in Shiba Inu’s economic strategy. The most recent burns eradicated 9.351 billion tokens, substantially reducing the SHIB token supply.
Impact on SHIB tokenomics and market outlook
Implementing the automated burn mechanism will fortify the SHIB network’s economic model by strategically reducing the token supply. This could lead to an increase in the value of the Shiba Inu tokens. The process, once live, will operate on a set of predefined rules, enhancing the efficiency and transparency of the token-burning mechanism.
The Shiba Inu team’s decision to transition from manual to automated burns marks a significant evolution in the cryptocurrency’s strategy. The team aims to inject dynamism into the token’s economy by automating the burn process, potentially influencing its market performance.
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https://www.cryptopolitan.com/shiba-inu-team-confirms-auto-shib-burn/
| 2024-01-27T15:31:06Z
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Leading memory chip manufacturer SK Hynix Inc has set its sights on the high-end memory semiconductor market, driven by the growing demand for artificial intelligence (AI) chipsets. The company’s bold move comes after it reported a remarkable operating profit of 346 billion won ($259.8 million) for the fourth quarter of 2023, surprising industry analysts and marking its first operating profit since Q3 2022.
SK Hynix’s decision to prioritize high-end memory semiconductors for AI applications proved a game-changer. The company, the world’s second-largest memory chip producer, attributes its impressive financial performance to this strategic shift. The surge in revenue, which soared by 47% in the October-December quarter, exceeded market expectations.
CFO Kim Woohyun stated, “We achieved a turnaround…following a protracted downturn, thanks to our technological leadership in the AI memory space.” He emphasized that SK Hynix aims to “grow into a total AI memory provider.”
HBM3 chips: A driving force behind SK Hynix’s success
SK Hynix’s advanced Dynamic Random-Access Memory (DRAM) chips, particularly the high bandwidth memory (HBM) chips, have become highly sought-after components in the graphic processing units (GPUs) produced by industry giant Nvidia and other key players in the AI sector. These GPUs are crucial for processing extensive data volumes in generative AI applications.
The company reported a significant increase in sales of its HBM3 chips, which it developed ahead of competitors. The demand for these chips is expected to grow, driven by clients such as Nvidia, cloud service providers, and prominent tech companies incorporating AI functionalities into their devices.
Industry analysts forecast a promising future for SK Hynix as it maintains its lead in HBM chip development. Greg Roh, the head of research at Hyundai Motor Securities, noted that the demand for HBM chips is so robust that clients are struggling to secure sufficient supplies. He estimated that HBM chips could account for 15% of industry-wide DRAM sales in 2024, up from 8% in 2023.
Moreover, SK Hynix is poised to continue its success with plans to commence mass production of HBM3E, the next iteration of its high bandwidth memory chips, in the year’s first half. The company is also actively developing the next-generation HBM4 chip, ensuring it stays at the forefront of AI memory technology.
Market response and outlook
Despite the upbeat outlook for AI memory chips, SK Hynix’s shares experienced a 2.6% decrease in value during afternoon trading. Analysts attribute this drop to profit-taking by investors, highlighting the market’s sensitivity to short-term fluctuations.
Looking ahead, SK Hynix anticipates that chip prices will improve in the broader market as clients need to restock their inventories and manufacturers continue to reduce production of legacy chips. Bigger rival Samsung Electronics is also expected to report improving memory chip demand when it releases its detailed fourth-quarter results on January 31.
SK Hynix’s strategic pivot towards high-end AI memory semiconductors has yielded remarkable results, with the company achieving an unexpected operating profit. The increasing demand for AI-related applications, especially for its HBM3 chips, positions SK Hynix for continued growth in the AI memory sector. With plans to introduce HBM3E and develop HBM4, the company is well-positioned to remain a dominant player in the dynamic semiconductor industry. However, as investor sentiment remains sensitive, the company must navigate market fluctuations carefully to sustain its impressive performance.
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https://www.cryptopolitan.com/sk-hynix-shifts-focus-to-ai-memory-chips/
| 2024-01-27T15:31:12Z
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The Solana Foundation has officially announced the successful implementation of ‘token extensions’ into the Solana blockchain. The innovative upgrade, which has been in development for over a year and was previously referred to as Token-2022, signifies a major shift in how token developers can operate on the blockchain platform.
Solana, already known for its high-speed and efficient blockchain network, is taking a notable step forward with the development. The introduction of token extensions is expected to attract a more diverse and compliance-focused group of token developers, thereby broadening the blockchain’s utility and appeal.
Solana enhanced compliance and customization capabilities
At the heart of the upgrade is the commitment to providing businesses with advanced compliance controls. The Solana Foundation emphasizes that these token extensions are not just additions but a transformative toolset that allows the embedding of complex rules and functionalities directly into the tokens. The level of customization was previously unattainable, marking a significant evolution in token technology.
Token developers can now incorporate a variety of advanced features into their tokens. These features include whitelisting mechanisms, automatic transfer fees, and confidentiality in transfers. Such functionalities are crucial for businesses that are looking to navigate the complex regulations in the digital asset space.
The attractiveness of these token extensions is particularly noticeable in the area of stablecoins. Recognizing the potential, prominent entities like Paxos and GMO Trust have already begun issuing stablecoins on the Solana blockchain, utilizing the novel features offered by token extensions. The Solana Foundation highlights that these extensions provide issuers with the necessary flexibility to comply with a changing regulatory landscape.
A closer look at the token extension feature
Transfer Hooks and Transfer Fees represent significant enhancements in token governance and monetization on the Solana blockchain. Transfer Hooks act as vigilant gatekeepers during token transactions, activating a program that scrutinizes each transfer against preset rules, ensuring compliance and maintaining the transaction’s integrity. If any discrepancies are found, the transaction is instantly halted, upholding the token’s compliance standards. On the other hand, Transfer Fees introduce an automated financial model, akin to the royalty system in the NFT marketplace. The feature guarantees that a part of the token’s value is automatically redirected as per programmed instructions during transfers, establishing a consistent and irrevocable fee structure.
Confidential Transfers and Permanent Delegate Authority introduce advanced privacy measures and grant issuers unparalleled control over their tokens. Confidential Transfers leverage zero-knowledge proofs, a sophisticated cryptographic technique, to mask sensitive details during transactions, striking a balance between transaction transparency and privacy protection. Meanwhile, the Permanent Delegate Authority vests perpetual power in the hands of token issuers, allowing them to manage or even annihilate tokens irrespective of the holder. It is particularly crucial for tokens with inherent value beyond mere currency, like stablecoins, security tokens, and credentials, ensuring enduring oversight and control.
Conclusion
The launch of token extensions by the Solana Foundation marks a significant advancement in blockchain technology. By enhancing compliance controls and offering unmatched customization options, Solana is not just catering to current market needs but is also paving the way for a more versatile and secure digital asset ecosystem. As businesses and developers continue to explore and adopt these new features, the full potential of token extensions and their impact on the blockchain landscape will unfold.
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https://www.cryptopolitan.com/solanas-introduction-of-token-extensions/
| 2024-01-27T15:31:19Z
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In a significant leap towards enhancing clean energy utilization, researchers from SLAC National Accelerator Laboratory’s Grid Integration Systems and Mobility lab (GISMo) have introduced groundbreaking solar power data software, Solar Data Tools. This open-source software aims to demystify the complexities of solar energy data, empowering users to optimize the performance of their solar panel systems.
As the demand for rooftop solar systems continues to surge, the need for user-friendly tools becomes crucial in ensuring the reliability and efficiency of clean energy generation. Solar Data Tools emerges as a solution to bridge the gap, offering accessible insights to both individual solar panel owners and communities relying on solar energy.
Solar Data Tools – Illuminating solar panel performance
Solar Data Tools is designed to sift through intricate data, providing users with a clear depiction of their solar panels’ performance under varying conditions. Whether it’s a cloudy day, sunny weather, or unforeseen challenges like shade impediments or storm damage, the software transforms raw data into a coherent narrative. Led by SLAC scientist Bennet Meyers, the GISMo team emphasizes the software’s accessibility, making it a valuable resource for those without backgrounds in data science or electrical engineering.
The demand for rooftop solar systems has witnessed a remarkable 34% increase in installations within the U.S. from 2020 to 2021. As more individuals embrace solar energy solutions, there is a parallel need for user-friendly tools like Solar Data Tools to ensure efficient system maintenance and sustainable power generation over time. Unlike larger solar energy systems, home-based systems often lack dedicated engineering teams, making accessible software crucial for their effective maintenance and enhanced reliability.
Solar power data software – Building Solar Data Tools
To construct Solar Data Tools, researchers utilized data from approximately 1,000 solar panel sites, collected at five-minute intervals over three to ten years. This extensive dataset enabled the team to establish algorithm design principles, focusing on minimal data input, minimal engineering work, and error estimates. The software relies on signal decomposition, a technique that extracts valuable information from the solar panel system’s data, revealing insights into power generation without relying on external weather data.
Signal decomposition acts as a transformative process, akin to turning incoherent noise into music. The software breaks down the data received by solar panels, highlighting specific aspects such as power generation on cloudy days, moments of shade, or even damage due to external factors like storms. SLAC engineer Sara Miskovich emphasizes that while photovoltaic (PV) data may appear incomprehensible initially, signal decomposition unravels the complexities, making it easier for users to interpret and act upon.
Importantly, Solar Data Tools prioritizes safety, interpretability, and auditability. Unlike conventional artificial intelligence and neural network coding techniques that may obscure the step-by-step understanding of the software, the team opted for a transparent coding language. This decision ensures that the software remains comprehensible, vital in the energy industry where clarity is crucial for daily operations and community support.
Current application and future Endeavors
Currently, Solar Data Tools enables solar panel owners and energy organizations to download easy-to-understand graphs illustrating their power generation over time. These graphs serve as a valuable resource in identifying critical moments of system failure or power dips. Looking ahead, the researchers aim to enhance the user-friendliness of the tool, making it accessible through phone applications. As technical users already interact directly with the algorithms, efforts are underway to develop a point-and-click interface for less technical users, broadening the software’s reach and impact.
In a world increasingly dependent on sustainable energy sources, Solar Data Tools emerges as a beacon, empowering individuals and communities to harness the full potential of solar power. The software’s ability to decode complex data into actionable insights marks a pivotal advancement in the field. As solar energy continues to play a central role in the global transition to cleaner resources, the question arises: How can widespread understanding of solar data contribute to a more sustainable and reliable energy landscape? The answer lies in the hands of those who can now, with the help of Solar Data Tools, truly comprehend and optimize their solar power systems.
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https://www.cryptopolitan.com/solar-power-data-software-clean-energy/
| 2024-01-27T15:31:26Z
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In a significant move for the cryptocurrency industry, South Africa is on the verge of issuing Financial Service Provider (FSP) licenses to crypto service providers. Gerhard van Deventer, the head of Divisional enforcement at the country’s Financial Sector Conduct Authority (FSCA), confirmed this development. The licenses are expected to enhance user protection against scams, a timely intervention as the proportion of South Africans engaged in cryptocurrency activities nears 10% of the population.
The FSCA’s decision comes amid growing concerns over the safety and regulation of digital assets. The licensing process opened for applications between June 1 and November 30, 2023, and has attracted 128 crypto companies already in operation. This move followed the FSCA’s declaration in October 2022, categorizing cryptocurrencies as financial products.
Licensing criteria and consumer protection
The FSCA’s approach to licensing crypto service providers is comprehensive, focusing on various operational and risk management aspects. The authority evaluates the criticality of market services provided by these companies, especially their role in offering payment rails. Furthermore, the FSCA scrutinizes policies related to customer onboarding, data protection, cybersecurity, complaint handling, and counterparty risk.
These evaluations involve due diligence checks in collaboration with the Payments Association of South Africa and the Reserve Bank’s Financial Services Department. Such thorough assessments ensure that only qualified and reliable crypto service providers operate in the South African market.
The move towards stricter regulation is a proactive step to safeguard a growing number of users who predominantly engage in cryptocurrency for transactions and speculative investments. This regulatory framework aims to provide a safer environment for users while acknowledging the potential of blockchain technology and crypto assets in transforming various industries.
South Africa braces for crypto license era
The South African crypto market has seen its fair share of challenges, with the recent declaration of the Mirror Trading International (MTI) operation as a Ponzi scheme by a court in the Western Cape province. This ruling, which followed a hefty fine imposed on the MTI founder by the US Commodity Futures Trading Commission, highlights the urgent need for regulatory oversight in the crypto space.
In addition to regulatory measures, the usage of cryptocurrencies in South Africa is evolving. The increase in withdrawals at crypto ATMs, facilitated by Paycorp’s CryptoExpress app, is a testament to the growing adoption of digital currencies like Bitcoin, Ethereum, USDC, and Tether. Paycorp’s service, which fixes the exchange rate for the duration of transactions, reflects the increasing integration of cryptocurrencies into everyday financial activities.
The anticipation for the first wave of FSP licenses among crypto businesses in South Africa marks a new era in the country’s approach to digital assets. This development is a significant step towards regulating a burgeoning industry and recognizing the potential and legitimacy of cryptocurrencies. As the FSCA continues to evaluate applications, the South African crypto landscape is poised to transform, balancing innovation with consumer protection and market integrity.
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https://www.cryptopolitan.com/south-africa-crypto-businesses-to-gain-fsp/
| 2024-01-27T15:31:26Z
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South Africa reported a decrease in consumer inflation for the second consecutive month in December. The figures, released by Statistics South Africa, indicate a drop to 5.1% year-on-year from November’s 5.5%. This move edges the inflation rate closer to the central bank’s target range midpoint of 4.5%.
Inflation trends and central bank’s stance
The decrease in inflation brings the rate closer to the South African Reserve Bank’s (SARB) target range of 3-6%. This narrowing gap is crucial as the SARB has expressed its intent to see inflation stabilize around 4.5% before considering any reductions in interest rates. 2023, the country witnessed an average inflation rate of 6.0%, a notable decrease from 6.9% in 2022. Projections for 2024 suggest an average inflation rate of around 5%.
As South Africa anticipates the South African Reserve Bank’s monetary policy announcement on Thursday, economists’ consensus is maintaining the status quo regarding interest rates. A Reuters poll, encompassing 20 economists unanimously predicted that the SARB would retain its main lending rate at 8.25%.
According to Annabel Bishop, an analyst at Investec, the latest inflation data is unlikely to sway the bank’s perspective on the inflation outlook for this year. The Monetary Policy Committee (MPC) of the bank is expected to maintain a cautious approach, emphasizing the risks of inflation while likely keeping the interest rates unchanged. The MPC’s previous meeting projected the Consumer Price Index (CPI) inflation at 5.0% year-on-year for 2024, and the current data aligns with this forecast.
South Africa’s core inflation holds steady
A critical component of the December inflation data is the core inflation rate, which remained steady at 4.5% annually. This inflation measure excludes the often volatile prices of food and fuel and provides a more stable view of the inflationary trend within the economy. The steadiness of core inflation indicates underlying economic forces at play and is often a key metric for policy decisions.
The decrease in overall inflation, while a positive sign, must be viewed within the broader economic context. South Africa’s economy, like many globally, has been navigating a complex array of challenges, including fluctuating commodity prices and the impacts of the COVID-19 pandemic. Therefore, the SARB’s monetary policy is a delicate balancing act, aiming to curb inflation without hindering economic growth.
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https://www.cryptopolitan.com/south-africa-sees-continued-drop-inflation/
| 2024-01-27T15:31:33Z
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In a significant development in the ongoing investigation into the withdrawal suspensions of local cryptocurrency lender Delio and investment firm Haru Invest, South Korean prosecutors have issued an arrest warrant for a key person of interest known as “Bang.” This individual reportedly owns a majority of shares at B&S Holdings, a firm that Haru Invest has alleged to be the root cause of the service suspensions.
Arrest warrant issued for Bang
The arrest warrant, issued on Bang by South Korean prosecutors, comes amid a complex web of allegations and complaints involving Delio, Haru Invest, and B&S Holdings. Bang, whose full name remains undisclosed due to local media privacy rules, has been targeted for charges of fraud and breach of trust. The warrant application, submitted by the South Korean police, is currently under review by a local court in Seoul.
Background: Delio and Haru invest suspension
The investigation stems from events that unfolded on June 14, 2023, when Delio, a cryptocurrency lender claiming to process over a billion dollars in crypto lending and borrowing services, abruptly halted user withdrawals. Delio attributed this suspension to the sudden cessation of deposits and withdrawals at Haru Invest, a crypto investment manager with whom Delio had a partnership.
On the same day, Haru Invest filed a criminal complaint against B&S Holdings, a consignment operator. Haru Invest alleged that B&S Holdings had deceived the company by providing false management reports, claiming losses of 350 billion Korean won (approximately $262 million) in funds due to the collapsed FTX exchange.
Customer complaints and travel restrictions
In the wake of these developments, disgruntled customers of Delio and Haru Invest filed complaints with the respective companies’ executives. Subsequently, South Korean prosecutors took action to prevent key members of Delio, Haru Invest, and B&S Holdings from leaving the country.
The Seoul Southern District Prosecutors’ Office has not yet responded to requests for confirmation and further comments regarding these reports.
The issuance of an arrest warrant for Bang represents a significant step in the investigation into the withdrawal suspensions of Delio and Haru Invest. As the legal proceedings continue, further details regarding the allegations and the impact on the cryptocurrency industry in South Korea are expected to emerge.
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https://www.cryptopolitan.com/south-korean-prosecutors-in-delio-and-haru-invest-investigation/
| 2024-01-27T15:31:39Z
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In a significant development for transparency in the cryptocurrency market, blockchain research firm Arkham Intelligence has identified on-chain addresses associated with several major Bitcoin (BTC) exchange-traded funds (ETFs) in the United States. This breakthrough, shared on the social platform X (formerly Twitter) on January 22, reveals the on-chain locations of four prominent Bitcoin ETFs, including those managed by BlackRock, Bitwise, Fidelity, and Franklin Templeton.
Details of the Bitcoin holdings
The data released by Arkham Intelligence sheds light on the BTC holdings of these ETFs. According to the research, BlackRock’s iShares Bitcoin Trust (IBIT) currently possesses approximately 33,430 BTC, valued at around $1.3 billion. This information aligns with the public data disclosed on BlackRock’s website, affirming the accuracy of Arkham’s findings.
In September 2023, Arkham claimed to have identified the addresses of the Grayscale Bitcoin Trust (GBTC), which was recently converted into a spot Bitcoin ETF following the U.S. Securities and Exchange Commission’s approval on January 10, 2024. GBTC is notable for being the largest spot Bitcoin ETF, with holdings of 558,280 BTC, equivalent to nearly $29 billion.
The discovery by Arkham is a part of ongoing efforts to identify the on-chain addresses of all spot Bitcoin ETFs operating in the United States. This list includes ETFs managed by ARK Invest and 21Shares, Invesco and Galaxy, VanEck, Valkyrie, and WisdomTree, whose addresses are yet to be uncovered.
The debate over transparency and security
The revelation of on-chain addresses of Bitcoin ETFs is a topic of significant debate within the cryptocurrency community. Many advocates argue that disclosing such information is crucial for ensuring the safety of the underlying Bitcoin assets. They believe that publishing these addresses would bolster the transparency and trustworthiness of these financial products.
However, there are concerns about the potential security risks associated with such disclosures. In November 2022, Grayscale refused to reveal its on-chain wallet details, citing security issues. Ophelia Snyder, co-founder of 21.co and 21Shares, emphasized the need for caution. In a recent interview, Snyder pointed out that revealing wallet addresses could lead to unintended consequences, particularly regarding trading infrastructure and security.
This development highlights a growing trend in the cryptocurrency industry towards greater transparency and accountability. While the disclosure of on-chain addresses is a step forward for investor assurance, it also brings to the forefront the delicate balance between transparency and security in the digital asset space. As the market matures, these discussions will likely play a pivotal role in shaping the regulatory and operational landscape of cryptocurrency investments.
Arkham’s identification of the on-chain addresses of these prominent Bitcoin ETFs marks a noteworthy moment in the journey toward greater transparency in the cryptocurrency world. The findings by Arkham Intelligence provide valuable insights for investors and regulators and ignite a broader conversation about the best practices in the management and disclosure of digital asset holdings. As the industry evolves, resolving these debates will be crucial in determining the future of cryptocurrency investment and regulation.
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https://www.cryptopolitan.com/spot-bitcoin-etf-addresses-uncovered/
| 2024-01-27T15:31:45Z
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The Steam Deck, known for its sleek gaming console-like body, is more than just a gaming device; it’s a fully functional PC. While it offers a great gaming experience, there may come a time when you need a keyboard for tasks like typing passwords or following tutorials in desktop mode.
Accessing the on-screen keyboard
To access the virtual keyboard on the Steam Deck in desktop mode, users can follow a straightforward button combination. Simply press the Steam button and X simultaneously. This action will prompt the virtual keyboard to appear on the screen, allowing you to type away. It’s worth noting that you can summon this keyboard no matter what task you are performing on the system.
Sometimes, the virtual keyboard may take a few seconds to appear after pressing the button combination. If it doesn’t show up immediately, just exercise a little patience. Its delay can occasionally cause a minor stutter on the system, but rest assured, it will eventually appear.
Ensuring proper functionality on Steam Deck
For the Steam Deck’s virtual keyboard to work seamlessly, it’s essential to ensure that Steam is running. The keyboard shortcuts are tied to the Steam app, and without it, the virtual keyboard won’t function as intended.
For instance, if you decide to shut down Steam to use an application like Emudeck, be prepared to rely on alternative input methods. Initially, this change may seem confusing, but understanding the connection between the virtual keyboard and the Steam app can help users navigate smoothly.
The Steam Deck’s virtual keyboard in desktop mode is a useful tool for various tasks. By following the simple button combination of the Steam button and X, users can access this feature effortlessly. While it may occasionally take a moment to appear, patience is key. Just ensure that Steam is running to ensure proper functionality.
With these tips in mind, users can make the most of their Steam Deck’s desktop mode, whether they need to type passwords, follow tutorials, or perform other tasks that require a keyboard.
The Steam Deck offers not only an exceptional gaming experience but also the functionality of a PC, making it a valuable addition to any gamer’s arsenal.
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https://www.cryptopolitan.com/steam-decks-desktop-mode-keyboard/
| 2024-01-27T15:31:47Z
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Switzerland-based crypto banking group Sygnum has successfully closed a funding round, raising $40 million and achieving a valuation of $900 million. The company’s CEO, Mathias Imbach, expressed gratitude for the trust shown by investors in the challenging macroeconomic environment and highlighted Sygnum’s commitment to building trust through regulation and good governance.
Investment manager Azimut Holdings led the funding round, and Sygnum plans to utilize the proceeds to expand its services into new markets across Europe and Asia. This achievement comes from a $90 million funding round in January 2022, which valued the firm at $800 million.
Sygnum’s remarkable growth
Since the conclusion of the last funding round, Sygnum has experienced remarkable growth, with its assets under management (AUM) soaring to $4 billion. The company now serves more than 1,700 clients from over 60 countries, a testament to its growing global footprint.
Gerald Goh, Sygnum’s co-founder and CEO of its Singapore operations, highlighted the evolving crypto landscape, stating that the broader industry is emerging from the “crypto winter.” Investors and market participants increasingly seek partnerships with trusted and well-managed financial institutions like Sygnum.
The latest funding round will enable Sygnum to enhance its suite of fully regulated solutions further, supporting investors as they seek to increase their exposure to the crypto asset class.
Sygnum’s strategic investments
In April of the previous year, Sygnum participated in a $23 million fundraising round for staking provider P2P.org. P2P.org is actively developing an intermediary-focused infrastructure platform, leveraging the recent Shanghai upgrade of Ethereum to enhance the user experience in staking and drive expansion initiatives.
Sygnum’s $40 million funding round is a testament to its strategic vision and steady growth in the crypto banking sector. The company’s plans to expand into new markets in Europe and Asia demonstrate its commitment to becoming a global leader in crypto banking services.
As the crypto industry continues to evolve, Sygnum’s emphasis on regulation, governance, and trust positions it as a reliable partner for investors and market participants.
Investors show confidence
The successful funding round led by Azimut Holdings reflects investors’ confidence in Sygnum’s business model and its ability to navigate the volatile crypto market. As the crypto industry matures and regulatory frameworks become more established, Sygnum’s approach of building trust through adherence to regulations and good governance is gaining recognition and support from investors.
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https://www.cryptopolitan.com/sygnum-closes-40m-funding-round-valuing/
| 2024-01-27T15:31:54Z
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In its latest earnings report, Tesla, the leading electric vehicle manufacturer, has revealed no changes in its Bitcoin holdings, maintaining a portfolio of 9,720 Bitcoin valued at over $389 million. This decision comes despite the ongoing fluctuations in the cryptocurrency market, indicating Tesla’s steady approach to its investment strategy in digital assets.
Steady hold amid cryptocurrency fluctuations
Given its recent price movements, Tesla’s unwavering stance on its Bitcoin holdings is notable. Bitcoin’s value has experienced significant turbulence, recently hovering around $38,000, a stark contrast to its peak above $48,000 in mid-January. This volatility has been influenced by various macroeconomic factors and the market’s reaction to the possibility of a spot Bitcoin ETF approval.
Despite these market conditions, Tesla has not altered its Bitcoin investment since Q2 2022, when it liquidated 75% of its holdings, equating to approximately $936 million worth of Bitcoin. This sale followed Tesla’s initial investment in early 2021, where the company invested $1.5 billion to acquire roughly 43,000 Bitcoin. Additionally, Tesla briefly accepted Bitcoin as payment for its electric vehicles, although this option was later suspended.
Tesla’s position among corporate giants
Tesla’s current Bitcoin portfolio positions it as the third-largest cryptocurrency holder among publicly traded companies, trailing only behind MicroStrategy and Marathon Digital Holdings. Tesla’s consistent Bitcoin investment is a significant aspect of its financial strategy, representing a substantial portion of its reserve assets.
This approach by Tesla, mirrored by MicroStrategy’s similar stance on Bitcoin investment, may influence other corporate entities. As these companies maintain their sizeable cryptocurrency portfolios despite market uncertainties, they could provide assurance to other investors. This perspective is particularly relevant for those exploring alternatives to traditional investment options like bonds and cash.
Tesla’s decision to hold onto its Bitcoin investment through market ups and downs suggests long-term confidence in its value. While the electric vehicle giant navigates the ever-changing landscape of digital assets, its actions continue to be a point of interest for investors and market analysts alike. As the cryptocurrency market evolves, Tesla’s investment strategy will likely remain a topic of discussion and analysis.
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https://www.cryptopolitan.com/tesla-maintains-bitcoin-holdings/
| 2024-01-27T15:32:00Z
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In the rapidly evolving landscape of Generative AI (GenAI), businesses are presented with unprecedented opportunities, but the allure of these prospects is accompanied by potential pitfalls. As Gartner predicts a slowdown in GenAI deployment growth by 2025 due to escalating costs, C-level executives must strategically approach AI implementation to avoid becoming part of the grim statistic.
Challenges in GenAI implementation
While the promise of GenAI is immense, the cost of integrating AI into enterprise processes may surpass initial estimates. Gartner’s forecast warns that more than 50% of enterprises building large models from scratch will abandon their efforts due to soaring costs, complexity, and technical debt. CEOs are thus urged to evaluate the sustainability of their in-house GenAI developments, considering factors akin to the challenges faced during the internet’s infancy.
A parallel can be drawn to the past IT talent shortage, as highlighted by a CNN article from 1999. In 2023, the demand for machine learning or transformer-skilled staff continues to surge, leading to shortages and salary spikes. However, just as website development today requires minimal programming skills, the trajectory for GenAI could follow suit.
FrugalGPT: A cost-effective solution
A beacon of hope in navigating the cost complexities of GenAI comes from an intriguing paper titled “FrugalGPT: How to Use Large Language Models While Reducing Cost and Improving Performance.” This methodology aims to make the use of Large Language Models (LLMs) more cost-effective and efficient, potentially reducing operational expenses by up to 98% while enhancing accuracy by 4%.
Key strategies of FrugalGPT
- Prompt adaptation: Crafting concise prompts to reduce computational load.
- LLM approximation: Utilizing simpler, less expensive models for specific tasks.
- LLM cascade: Selecting the most cost-effective model for a given query.
Implementing these strategies offers a way to harness GenAI’s power while significantly cutting costs, providing a vital avenue for a positive Return on Investment (ROI).
Strategic roadmap for GenAI implementation
To successfully navigate the emerging GenAI landscape and ensure cost-effectiveness, businesses can follow a strategic roadmap:
- Assess current AI deployments. Critically analyze existing initiatives to identify areas for cost optimization without compromising quality.
- Experiment with frugalGPT: Pilot the frugalGPT strategy with a dedicated toolset to gauge effectiveness and scalability.
- Develop a diverse AI portfolio: diversify AI investments to include quick wins with immediate ROI and long-term transformational initiatives.
- Establish clear metrics for success: define success metrics for each AI implementation, encompassing financial and non-financial aspects.
- Embrace agile AI development: Stay nimble, adapting to new findings, market changes, and technological advancements.
- Foster AI literacy within leadership: ensure decision-makers understand AI capabilities and limitations, fostering a culture where AI is seen as a tool requiring human guidance.
Navigating the GenAI economy
As the GenAI economy unfolds, the message is clear: cost will be a critical factor in the viability, sustainability, and success of AI projects. These strategies and insights, combined with a vigilant approach to AI investment, can help enterprises not only survive but thrive in the new landscape of intelligent automation. The shift from merely investing in AI to investing wisely is imperative for every CEO looking to leverage GenAI for strategic advantage.
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https://www.cryptopolitan.com/the-potential-of-generative-ai-genai/
| 2024-01-27T15:32:06Z
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In a move that’s set to redefine the landscape of the gaming industry, Thirdweb, a leading Web3 development tool platform, has announced a groundbreaking partnership with XAI.
The collaboration between thirdweb and Xai is poised to elevate the gaming experience by integrating Thirdweb’s advanced technological stack into XAI’s gaming platform, promising an unparalleled gaming infrastructure.
Integration of advanced technologies for enhanced gaming
The synergy between Thirdweb and XAI marks a significant milestone in the gaming domain. By harnessing Thirdweb’s comprehensive suite of development tools, games hosted on XAI will now have access to a robust and versatile infrastructure. The integration includes an array of sophisticated resources such as pre-built smart contracts, support for popular game development engines like Unity and Unreal Engine, advanced account abstraction infrastructure, an intuitive wallet SDK, and seamless on-chain payment solutions.
The strategic partnership between Thirdweb and XAI is reshaping the gaming industry, paving the way for a future where games are not only technologically advanced but also deeply immersive. By embedding Thirdweb’s robust suite of tools into XAI’s platform, developers are equipped to craft intricate and captivating gaming environments, enhancing the core of the gaming experience. The collaboration transcends mere technical enhancement, aiming to enrich the entire gaming universe for players globally, making it more interactive, secure, and user-friendly.
Key components such as Thirdweb’s pre-built smart contracts and support for premier game engines like Unity and Unreal Engine empower developers to rapidly create and innovate, bringing complex and visually stunning games to life. Meanwhile, the integration of sophisticated account abstraction infrastructure, a comprehensive wallet SDK, and streamlined on-chain payment systems simplify and secure in-game interactions. Together, these elements not only elevate the development process but also ensure that players enjoy a seamless, engaging, and trustworthy gaming experience, setting a new standard for the future of the gaming industry.
Thirdweb and XAI setting a new standard in gaming
The collaboration between Thirdweb and XAI is more than just a partnership; it’s a visionary step towards creating a new standard in the gaming industry. By leveraging Thirdweb’s cutting-edge technologies, XAI is set to offer an enriched gaming experience that’s secure, immersive, and seamlessly integrated with the latest advancements in blockchain technology.
Developers on the XAI platform will now have access to an extensive range of tools and resources, enabling them to push the boundaries of what’s possible in game development. Meanwhile, players can look forward to a gaming experience that’s not only more engaging but also offers enhanced security and a seamless integration of blockchain functionalities.
Conclusion
The partnership between Thirdweb and XAI is a significant leap forward for the gaming industry. It symbolizes the dawn of a new era in gaming, where technology and creativity converge to create immersive, secure, and seamlessly integrated gaming experiences. As the collaboration unfolds, it’s set to leave an indelible mark on the gaming landscape, ushering in a future where gaming is not just a pastime but a fully integrated, technologically advanced experience.
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https://www.cryptopolitan.com/thirdweb-xai-in-gaming-infrastructure/
| 2024-01-27T15:32:07Z
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Tools Up! Ultimate Edition is under the spotlight in this comprehensive review. This review provides an unbiased evaluation of the game, focusing on its gameplay, features, and overall experience. With a cost of around £30, this edition bundles the base game and the Garden Party DLC, with the addition of a PvP mode.
Tools Up! gameplay
Tools Up! falls into the category of games similar to Overcooked!, but it offers a less stressful gameplay experience. In this game, players are tasked with renovating properties and tidying up gardens, catering to clients with unique design preferences. While the game operates on a timer, it allows players to opt for a time-limit-free mode.
The game starts with a top-down view of the renovation project. Players are presented with a blueprint that outlines the client’s requests. Interestingly, camera rotation is only possible when holding the blueprint, making it less practical. Many players find the fixed-angle view more convenient.
Players’ most valuable tool in Tools Up! is their trusty bucket. This versatile tool serves multiple purposes, from collecting rubbish to cleaning walls and flooring for makeovers. Painting and carpet-laying are straightforward, requiring just a press of the “X” button for grabbing and applying materials.
Progressive complexity
As players progress through the levels, the game introduces more complex tasks, such as pasting walls for wallpaper. Success in the game relies on studying the task at hand and efficiently managing the job list. However, critical items are delivered sporadically, leading to crowded spaces and potential frustrations when knocking over objects and creating messes.
One recurring issue in Tools Up! Ultimate Edition is the unresponsiveness of controls. Precise thumbstick movements are often required, leading to difficulties in selecting items and placing them accurately. This frustration becomes more pronounced in later levels with stricter time constraints.
Garden Party DLC
The Garden Party DLC takes the renovation action outdoors, requiring players to sow seeds, cut grass, and water plants. While the core gameplay mechanics remain, the DLC offers a refreshing change in aesthetics, preventing the game from feeling overly repetitive.
Completing jobs in Tools Up! Ultimate Edition earns players points, which convert into star ratings. Players can unlock different characters to play as, adding variety to multiplayer sessions. The game supports four-way local co-op play, offering enjoyable chaos but missing an opportunity for online multiplayer.
Completing the campaign unlocks the “Time Attack” mode, where players gain time for completed tasks and face consequences for mistakes. The new addition is the competitive home makeover mode, where players compete to complete their job lists and engage in some friendly sabotage.
Aesthetics and sound
Tools Up! Ultimate Edition features bright and colorful visuals that cater to its target audience and enhance gameplay clarity. The cheerful music, though occasionally repetitive, complements the game’s vibrant atmosphere.
Tools Up! Ultimate Edition, while not living up to its name entirely, offers a solid DIY simulation game. It serves as an excellent entry point for those new to the genre, suitable for players of all ages. With 75 levels, it provides ample content to keep players engaged for an extended period.
Whether it’s the strategic renovation tasks or the competitive multiplayer mode, Tools Up! Ultimate Edition offers a unique take on the DIY simulation genre. With its bright visuals and accessible gameplay, it’s a game worth considering for those looking to dive into home improvement challenges without the stress.
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https://www.cryptopolitan.com/tools-up-ultimate-edition-diy-adventure/
| 2024-01-27T15:32:13Z
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In a plea for financial assistance, Roman Storm, one of the founders of the crypto mixer Tornado Cash (TORN), is facing a daunting legal battle in the United States. Storm, who was arrested last year and charged by the U.S. Department of Justice (DOJ) with alleged money laundering of $1 billion in criminal proceeds, is now seeking donations to support his legal defense. His arrest and the subsequent trial have raised significant questions about the future of digital assets.
Arrest and legal defense appeal
Roman Storm, a passionate software developer and co-founder of Tornado Cash, an open-source non-custodial privacy protocol built on the Ethereum network, finds himself in dire straits. Despite his ongoing cooperation with U.S. authorities, Storm’s life took a dramatic turn when heavily armed FBI agents raided his home at dawn, leading to his arrest, all in front of his three-year-old daughter.
In a video plea posted on the social media platform X, Storm appealed to the crypto community and privacy advocates for support. He emphasized the importance of his trial, not only for his family’s sake but also for the future of software developers and financial privacy. Storm stated, “Folks, I need your help. Whether you’re a passionate developer like me involved with web3 or simply care about software and privacy, this legal battle will affect you.”
Significant implications for digital assets
The outcome of Roman Storm’s trial could have far-reaching consequences for the cryptocurrency world and the concept of financial privacy. Tornado Cash, the project he co-founded, was sanctioned by the U.S. government in 2022, citing national security concerns. Storm’s arrest and subsequent legal battle have intensified the scrutiny surrounding crypto mixers and their potential use in money laundering and illicit activities.
To aid in his legal defense, JusticeDAO (decentralized autonomous organization) has established multiple options for donations. Storm urged individuals to contribute, highlighting that every contribution counts in this critical moment. He emphasized the broader implications of his case, stating that it would set a major precedent for years to come.
Tornado Cash, the Ethereum-based coin mixing system co-founded by Storm, has faced legal challenges beyond his arrest. Last year, Roman Semenov, another Tornado Cash founder, was charged by the DOJ with conspiracy to assist the North Korean hacking group Lazarus in money laundering activities. Also, in August 2022, a third co-founder of Tornado Cash, Alexey Pertsev, was arrested on money laundering charges in the Netherlands.
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https://www.cryptopolitan.com/tornado-cash-founder-appeals-for-financial-support/
| 2024-01-27T15:32:19Z
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In a pivotal development that could have far-reaching implications for open-source software and Web3, the Tornado Cash crypto mixer is under intense scrutiny. The platform, known for its privacy-centric features, has been embroiled in controversy following allegations of its use by North Korean hackers for money laundering.
This situation escalated to the legal prosecution of the platform’s founders, Alexey Pertsev, Roman Storm, and Roman Semenov, with high-stakes trials looming.
Fundraiser launched for legal defense
In anticipation of their upcoming trials, the Tornado Cash developers are rallying support from the crypto community and privacy advocates. If convicted, Pertsev, Storm, and Semenov face severe penalties, including possible jail sentences of up to 20 years.
In response, “Free Pertsev & Storm” initiated a fundraising campaign on January 22 to cover the accused’s substantial legal expenses. The campaign, open until February 22, offers multiple avenues for donations, including the Juicebox platform, GoFundMe, and WeWantJusticeDAO.org.
In a recent video appeal, Roman Storm underscored the trial’s significance, emphasizing its potential to set a major precedent affecting open-source and Web3 development. As of the latest reports, the fundraiser has already amassed over $200,000, with a notable contribution of 87.18 ETH on Juicebox.
Tornado Cash legal battle and its implications
The legal proceedings against the Tornado Cash developers have sparked a debate over the accountability of platform creators for their users’ actions. Critics argue that holding the developers responsible for a few’s misuse of the platform is unfair, citing legitimate use cases of Tornado Cash.
However, this perspective has yet to find favor in the courts. In a notable 2023 case supported by Coinbase, the U.S. Treasury’s Office of Foreign Asset Control (OFAC) successfully defended its decision to sanction Tornado Cash, with the court likening the platform and its DAO to a corporation and its shareholders.
This ruling challenges the view of Tornado Cash as merely a piece of open-source code, suggesting broader implications for similar platforms.
The outcome of the Tornado Cash trials is eagerly anticipated, given its potential impact on the future of privacy tools and open-source development in the Web3 space. The case raises critical questions about the extent of developers’ liability for their creations and the balance between innovation and regulation in the rapidly evolving digital landscape.
A defining moment for Web3 and open-source development
The Tornado Cash trials represent a watershed moment in technology, law, and privacy. The decisions made in these cases could shape the future trajectory of Web3 development, potentially influencing how developers approach privacy solutions and open-source projects.
The crypto community, legal experts, and privacy advocates closely monitor the proceedings, understanding that the outcome could set a precedent with wide-ranging consequences.
The trials of Pertsev and Storm, scheduled to commence on March 26 and September 23, respectively, have become focal points in the ongoing dialogue about the role and responsibilities of developers in the digital age. As the legal battles unfold, the broader implications for the technology sector and the fundamental principles of privacy and innovation remain at the forefront of the discussion.
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https://www.cryptopolitan.com/tornado-cash-trial-a-landmark-case/
| 2024-01-27T15:32:25Z
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In the rapidly evolving landscape of K–12 education, 2024 promises to mark a significant milestone since the onset of the pandemic, ushering in profound changes in teaching methodologies and the integration of technology. As the sector continues to adapt and innovate, three prominent tech-related trends are poised to shape the future of education: artificial intelligence (AI), testing, and data-driven insights.
AI: reshaping learning experiences
The integration of AI in education is set to undergo a transformative shift, moving beyond mere efficiency tools to becoming essential components enabling previously unthinkable learning experiences. The necessity for remote learning during the pandemic accelerated the adoption of educational technology, and now AI is being employed thoughtfully by educators to not only support learning but also to reclaim valuable time.
However, this shift towards AI in education raises critical questions. Are biases embedded in AI technologies reflecting the biases of their developers? Can AI effectively save time for educators and students, addressing the learning loss suffered during the pandemic? Despite these challenges, AI holds the potential to offer more than just streamlined processes; it can provide targeted and personalized learning experiences for students.
In the coming year, the conversation around the quality of AI data will take center stage. Educators emphasize the need for more than just scores; they seek information that helps them understand students’ strengths and weaknesses. As a response to this feedback, edtech organizations are developing tools that leverage AI to recognize patterns in students’ work, offering insights that go beyond conventional scoring systems.
Testing with predictive and responsible AI
Testing methodologies are evolving with the incorporation of predictive and responsible AI. Large language models (LLMs) are being employed to scan online assessments for any text input by students that may contain disturbing content. This proactive approach aims to identify potential issues related to self-harm or harm to others, with flagged content escalated for human verification and appropriate action.
The effectiveness of AI in this context hinges on the accuracy of the underlying data. While current systems are highly accurate in detecting material, continuous improvement is expected. This use of AI in testing not only enhances safety but also underscores the importance of precise and reliable data to drive advancements in the field.
Data-driven insights: Personalizing education
Data-driven AI is emerging as a powerful tool to enhance personalized learning across various industries, with education at the forefront. The convergence of data and AI allows for more impactful testing, enabling the specific targeting of skills and providing students with tailored learning paths.
As AI becomes an enabler of new possibilities rather than a mere convenience, the focus on high-quality datasets becomes paramount. The precision of data directly influences the impact of AI applications, ensuring they go beyond simplifying tasks to making groundbreaking educational experiences possible.
The K-12 education sector is witnessing a convergence of AI, testing, and data-driven insights. As we step into 2024, the transformative power of these trends becomes increasingly evident. Educators, students, and edtech companies are navigating the challenges of bias in AI, ensuring the responsible use of predictive testing technologies, and harnessing the potential of data-driven AI to create truly personalized learning experiences.
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https://www.cryptopolitan.com/transformative-trends-in-education-tech/
| 2024-01-27T15:32:27Z
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In a significant development for the blockchain and music industries, London-based startup TRAX announced on January 16 that it had a successful funding round, raising 314,000 $ICP (approximately $2.9 million) through Dfinity’s Internet Computer blockchain.
TRAX’s innovative approach combines the features of a content aggregator and a social marketplace, primarily targeting music artists and their most devoted fans, often termed “superfans.” This initiative with Internet Computer blockchain aligns with the findings of Goldman Sachs’ Music in the Air Report, which identifies superfans as a lucrative market segment, spending substantially more on music than average consumers.
Decentralization: A new era for artist-fan engagement
The funds raised by TRAX will empower its decentralized autonomous organization (DAO), where $TRAX token holders will have a say in utilizing these resources. This move towards decentralization in the music industry represents a shift from traditional business models, offering a more engaging and personalized platform for artist-fan interactions.
TRAX’s strategy revolves around offering exclusive content and events, aiming to fortify the bond between artists and their superfans. This approach not only benefits the artists in terms of revenue generation but also enhances the fan experience by fostering a closer community.
Future outlook: Expanding the superfan economy
It is essential to know that TRAX’s funding round is a testament to blockchain technology’s growing interest and potential in various sectors, with the music industry being a notable example. The company’s focus on the superfan economy is well-timed, considering the industry’s shift towards more personalized and engaged fan experiences.
With the successful completion of their funding round, TRAX is poised to onboard and nurture more artists within this burgeoning economy. This move aligns with the broader trends in the music industry, where companies like Tune.FM and Sona are also making significant strides by leveraging blockchain technology.
Meanwhile, Internet Computer has also seen significant developments in its blockchain ecosystem, attracting various initiatives worldwide. The network was announced as one of the 17 ecosystems attracting many new developers in the blockchain sector.
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https://www.cryptopolitan.com/trax-secures-2-9-million-internet-computer/
| 2024-01-27T15:32:34Z
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TL ; DR
- External financing shortage intensifies Tunisia’s struggle, with a projected 79.8% debt-to-GDP ratio.
- The government projects a $45.17 billion public debt, emphasizing the financial strain ahead.
- Tunisia’s challenges reveal tough financing choices, emphasizing the continent-wide financial strain.
In a recent announcement, Tunisia Finance Minister Sihem Boughdiri confirmed that the country has successfully managed its financial obligations for 2023. Given the immense pressure on the nation’s public finances, this news is a relief to many who had concerns about the potential for a default. However, this achievement masks a deeper issue that is not unique to Tunisia but is a growing concern across Africa: the daunting challenge of debt management in a post-pandemic economy.
Despite averting a financial crisis in 2023, Tunisia faces an uphill battle in the coming year. The country is expected to pay $4 billion in foreign debts in 2024, a 40% increase from the previous year. This situation, reported by Reuters, highlights the difficulty faced by the North African nation as it faces the challenge of external financing. The government projects that the accumulated public debt will reach approximately 140 billion dinars ($45.17 billion), or about 79.8% of GDP, up from 127 billion dinars.
To address its external debts, Tunisia has relied heavily on new internal loans, a strategy that, while effective in the short term, has led to decreased liquidity and limited the ability of banks to support the broader economy. This reliance on internal borrowing creates a precarious financial situation, with economists anticipating a challenging year ahead due to the increasing foreign debt burden.
Situation in Other African Countries
Tunisia’s situation reflects a broader trend across the African continent, where many countries find themselves entangled in the complex web of debt distress. The COVID-19 pandemic and the subsequent global economic downturn have worsened this predicament. According to data compiled by the World Bank and the International Monetary Fund (IMF), nearly half of the African countries struggle to meet their debt repayments, a stark indicator of the continent-wide financial strain.
The challenges Tunisia and other African nations face underscore the tough choices governments must make in financing their economies in the current global context. The balancing act of managing internal and external debts while trying to stimulate economic growth and ensure financial stability is a task that requires careful planning and strategic foresight. As Tunisia navigates through these financial challenges, its experience serves as a case study for other African countries dealing with similar issues.
While Tunisia’s ability to settle its debts for 2023 is commendable, the looming challenges of 2024 highlight the need for sustainable financial strategies. The country’s situation is an example of a larger issue facing Africa, where debt management remains a critical concern for economic stability and growth. As these nations strive to overcome these hurdles, the international community’s role in supporting and fostering sustainable economic policies becomes increasingly important.
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https://www.cryptopolitan.com/tunisia-navigates-debt-challenges-amidst-african-strain/
| 2024-01-27T15:32:40Z
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Two key scientists at Google DeepMind, the artificial intelligence division of Google, are reportedly planning to exit the company to start an AI startup.
Google DeepMind Scientists In Talks to Leave
Bloomberg reported that the duo, Laurent Sifre and Karl Tuyls, have already submitted their notice to leave Deepmind and have started engaging potential investors to raise funds for their startup which will be based in Paris, France.
Google acquired DeepMind in 2014. The planned departure of the Sifre and Tuyls comes nearly two months after DeepMind launched “Gemini AI” models, which were considered the “largest and most capable” AI models.
Sifre is said to have co-authored the 2016 DeepMind research on Go, a novel AI system that mastered and defeated a world champion in the ancient game of Go. On the other hand, Tuyls has worked on research into game theory and multi-agent reinforcement learning, all attesting to their expertise in the AI field.
The Spotlight on AI
Sifre and Tuyls could raise over €200 million ($220 million) for their new France startup, which will be focused on building a new AI model, Bloomberg reported, citing people familiar with the matter.
It’s worth noting that the duo isn’t the first to leave DeepMind in pursuit of a new startup. In 2023, another researcher, Arthur Mensch, left Google’s DeepMind to co-found Mistral AI in France. The company is reportedly now valued at $2 billion, all of which depicts a growing appetite among investors to get in on the ground floor of the AI trend.
Data by Crunchbase notes that Generative AI and AI-related startups raised nearly $50 billion in 2023 alone. Billions of those funds went to leading companies, including OpenAI, Anthropic and Inflection AI. By 2025, investments in the sector are expected to surge to $200 billion globally, according to a Goldman Sachs Economics Research report.
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https://www.cryptopolitan.com/two-google-deepmind-scientists-leaves/
| 2024-01-27T15:32:47Z
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In a significant technological leap, the University of Johannesburg (UJ) has announced the integration of facial recognition technology to streamline the verification process for students during this year’s registration drive. The decision comes as part of UJ’s commitment to providing a secure and cutting-edge learning environment for its vast student body.
Advanced authentication for enhanced security
UJ Registrar, Professor Bettine van Vuuren, emphasized the need for a robust identity verification system, citing the limitations of traditional methods such as presenting ID copies for manual checks. The university, expecting to allocate over 10,500 spaces to first-year students, underscores the importance of the facial recognition system in creating a secure environment for its 40,000 undergraduate and postgraduate students.
The move is not merely a response to combat fraud but is seen as a pioneering step in embracing technological advancements. Professor van Vuuren highlighted the university’s commitment to staying at the forefront of educational technology, solidifying its position as a leader in South African higher education.
A secure and progressive learning environment
The facial recognition system is not only about preventing identity fraud but also about providing a secure and progressive learning environment. The university believes that the implementation of cutting-edge solutions reflects its dedication to efficiency and security in the registration process.
Dr. Tinus van Zyl, Senior Director of Central Academic Administration at UJ, explained that new students registering this year will receive an SMS with instructions to confirm their identity through a quick and non-intrusive facial scan. This advanced level of authentication aims to ensure that the registering individual is indeed who they claim to be, offering a robust defense against identity-related fraud.
Streamlining registration through facial recognition
The University outlined the process for new students, stating that upon receiving an SMS, they would conduct a facial scan using their smartphones. This method, analyzing unique facial features, is expected to significantly reduce the risk of identity fraud. For prospective students without smartphones, provisions will be made at registration centers to facilitate the required facial recognition scanning.
Commitment to technological advancements
The University of Johannesburg’s commitment to embracing cutting-edge solutions for a safer, more efficient, and technologically advanced registration process is evident. The decision to implement facial recognition aligns with UJ’s vision to continually evolve and adapt to the changing landscape of higher education.
The institution believes that the use of facial recognition technology not only enhances security but also contributes to a seamless and efficient registration process. UJ aims to leverage technology to its full potential, ensuring that the implementation of innovative solutions aligns with the needs and expectations of its diverse student population.
In a bold move towards enhancing security and efficiency, the University of Johannesburg’s adoption of facial recognition technology for student verification marks a significant milestone in the realm of higher education. The commitment to providing a secure learning environment and staying at the forefront of technological advancements reflects the institution’s dedication to excellence. As UJ pioneers this advanced authentication method, it sets a precedent for other educational institutions, showcasing the potential of technology in shaping a secure and progressive academic landscape.
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https://www.cryptopolitan.com/uj-facial-recognition-student-verification/
| 2024-01-27T15:32:54Z
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Hardware wallet provider Trezor has reported an unauthorized phishing attempt aimed at its users. The attack involved malicious emails impersonating Trezor and urging users to upgrade their “network” or risk losing their funds.
The company has deactivated the malicious link and advised affected users to transfer their funds to new wallets.
Phishing attempt detected
Trezor, a well-known provider of hardware wallets for cryptocurrency storage, has identified a phishing attempt targeting its users. The company confirmed that the attack was carried out through an unauthorized email sent from a third-party email provider used by Trezor.
In the malicious email, users were instructed to upgrade their “network” to avoid losing their funds. A deceptive link in the email led users to a webpage where they were prompted to enter their seed phrase.
Trezor has not yet confirmed whether users have fallen victim to the phishing attempt. However, the company assured users that their funds remained secure if they had not entered their recovery seed. For those who did disclose their seed phrase, Trezor strongly recommends transferring their funds to a new wallet immediately.
Unauthorized access to email database
The investigation conducted by Trezor suggests that an unauthorized individual gained access to the company’s database of email addresses, which primarily consists of newsletter subscribers.
This perpetrator then utilized a third-party email service to send out the malicious emails on behalf of Trezor.
This incident has raised concerns about the security of user data and the potential risks associated with third-party service providers. While Trezor has taken measures to address the situation, it highlights the importance of robust cybersecurity measures to protect user information and assets in cryptocurrency.
Some experts believe this phishing attempt may be connected to a recent security breach involving Trezor’s support portal. On January 17, the company disclosed that the contact information of approximately 66,000 users had been exposed.
Trezor quickly took action to restrict unauthorized access and notified affected users at that time.
The connection between the security breach and the phishing attempt is speculative, but it underscores the vulnerability of user data in the cryptocurrency industry. Companies and users alike must remain vigilant in safeguarding sensitive information and assets.
Cybersecurity incidents on the rise
It is worth noting that this phishing attempt on Trezor users is not an isolated incident. The cryptocurrency industry has witnessed a surge in cyberattacks, particularly phishing attacks, in recent times. These attacks often aim to deceive users into disclosing their private keys or seed phrases, leading to the loss of their digital assets.
Coincidentally, email marketing software firm MailerLite reported a cybersecurity incident on January 23, just one day before Trezor’s phishing attempt. This incident resulted in phishing emails using branded domains, including those associated with Cointelegraph, WalletConnect, and Token Terminal. These phishing attacks collectively led to losses exceeding $3.3 million.
While it is unclear whether Trezor uses the same email domain provider as the affected companies, the timing of these incidents highlights the ongoing challenges posed by cyber threats in the cryptocurrency ecosystem.
User vigilance and security measures
Users must remain vigilant and proactively protect their assets as the cryptocurrency industry grows. It is essential to exercise caution when receiving unsolicited emails or messages, especially those requesting sensitive information like private keys or seed phrases.
Additionally, users should regularly update their security practices, enable two-factor authentication (2FA) whenever possible, and verify the authenticity of communications from cryptocurrency service providers. It is advisable to visit official websites directly rather than clicking on links in emails to ensure the legitimacy of requests.
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https://www.cryptopolitan.com/unauthorized-phishing-attempt-targets/
| 2024-01-27T15:33:01Z
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In a landmark event at the World Economic Forum in Davos, Switzerland, the United Nations Development Programme (UNDP), alongside African leaders, launched the “timbuktoo” initiative. This move celebrated at the Forum’s 24th Annual Meeting, aims to create the world’s most extensive financing facility dedicated to African startups.
A Billion-Dollar Vision for Change
Under the illuminating backdrop of Davos, distinguished figures such as President Paul Kagame of Rwanda and Nana Akufo-Addo of Ghana, along with UNDP Administrator Achim Steiner, unveiled “Timbuktoo.”
This initiative marks a significant stride in boosting Africa’s startup landscape. Kagame’s announcement of a US$3 million contribution to kickstart the Timbuktoo Africa Innovation Fund, to be based in Kigali, underscores the project’s monumental scale.
Moreover, the initiative blends commercial and catalytic capital to de-risk investments, fostering a pan-African support network for startups. This strategy focuses on the entire ecosystem, enhancing connections between government policy, universities, corporations, and investors.
UNDP Fostering Innovation and Inclusivity
Emphasizing the project’s significance, President Akufo-Addo highlighted the need for structural changes to empower young African entrepreneurs. This initiative comes at a crucial time, with Africa’s contribution to the global startup value currently standing at just 0.2 percent. “timbuktoo” aspires to dramatically alter this narrative, aiming to mobilize and invest US$ 1 billion to transform 100 million lives and create 10 million new jobs.
This initiative also introduces UniPods, University Innovation Pods, across the continent, bridging the gap between academic research and entrepreneurial application. These hubs are set to become catalysts for innovation and development.
“Timbuktoo” represents a vision for a vibrant, innovative, and inclusive African economy. As the initiative unfolds, it promises to reshape the continent’s role in the global economy, turning Africa into a hub of technological innovation and entrepreneurship.
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https://www.cryptopolitan.com/undp-and-african-leaders-launch-timbuktoo/
| 2024-01-27T15:33:07Z
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In the ever-evolving landscape of technology, the advent of Generative AI has ushered in a new era of possibilities for developers. This technology, when harnessed effectively, can empower developers to write code swiftly, innovate more profoundly, and concentrate on value-added tasks. This transformation is not a mere doubling of productivity; it’s an exponential acceleration of results, potentially reaching 100x AI capabilities. However, this monumental shift demands meticulous planning and a fundamental shift in organizational mindset.
The need for strategic planning
The potential unleashed by Generative AI is awe-inspiring, but it comes with profound implications for organizations. As the pace of development and code generation surges, existing systems and processes must be rigorously evaluated. What suffices today may be insufficient in just a few months. Furthermore, numerous organizations still rely on manual processes, such as spreadsheet data entry or email-based communication, which are ill-equipped to keep pace with the speed of 10x AI.
Maintaining consistency across all facets of a process is crucial; any bottlenecks in the workflow can undermine the return on investment (ROI) and the benefits derived from AI adoption. Therefore, adopting the right cultural mindset for AI is just as pivotal as implementing the technology itself. Resistance to change is common, especially in organizations yet to embrace Agile methodologies or undergo digital transformations. To succeed in this AI-powered future, everyone within the organization must comprehend the advantages of AI, its implications, and be prepared for the rapid pace of change.
Overcoming resistance and embracing change
For organizations facing the question of whether to adopt Large Language Models (LLMs) or first overhaul their existing processes, a compelling case can be made for both. It’s essential to paint a vivid picture for senior management, illustrating how AI can enhance competitiveness while presenting an opportunity to shed outdated processes that hinder progress. The key lies in identifying tedious, error-prone tasks that can be automated, thereby granting employees more time to focus on high-value work, ultimately boosting productivity.
Additionally, organizations should showcase the full potential of AI. Instead of merely improving existing processes, consider the possibility of bypassing them altogether. By doing so, organizations can achieve unparalleled efficiency gains.
Data quality and compliance
Clean and accurate data is the lifeblood of AI. Feeding it erroneous or incomplete data will yield flawed outcomes. Compliance is a critical concern in this context, with stringent regulations governing the use of personal and sensitive information. Consequently, anonymization and data masking techniques are being actively explored to preserve data utility while adhering to privacy requirements.
The challenge of storage and energy consumption
Scaling up projects in the AI realm means a proportional increase in storage requirements. Managing large volumes of data can be both costly and challenging. Mitigation strategies such as virtualization and subsetting must be considered, but they require careful planning and execution.
Moreover, the surge in data and network traffic generated by AI solutions has raised concerns about energy consumption. Data centers, often at the heart of AI operations, are being pressed to find innovative ways to recycle the heat they produce, potentially contributing to carbon neutrality efforts. Additionally, chip manufacturers are diligently working on more energy-efficient solutions, though the short-term supply constraints may pose challenges in the AI landscape for 2024.
Preparing for the AI-powered future
As we approach 2024, organizations must lay the groundwork to harness the full potential of LLMs and AI. This means eliminating bottlenecks and outdated processes to provide development teams with the ideal environment to become true superheroes for their organizations and customers. The acceleration of results and the creation of massive code bases will be the norm, and those who adapt swiftly will thrive in this AI-driven era.
Generative AI has the power to transform the way organizations develop software and innovate. However, this transformation necessitates meticulous planning, cultural change, and a commitment to data quality and energy efficiency. Organizations that seize the opportunity to embrace AI while addressing these challenges will position themselves as leaders in the 10x AI revolution, unlocking new realms of productivity and competitiveness.
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https://www.cryptopolitan.com/unlocking-the-potential-of-generative-ai-3/
| 2024-01-27T15:33:15Z
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The collapse of Silicon Valley Bank nearly a year ago might seem like a distant echo, a blip on the financial radar that the U.S. banking sector swiftly overcame. With the KBW regional banks index bouncing back, some might be tempted to file away the crisis as a minor hiccup. However, that would be a grave oversight. The digital age has ushered in a new era of banking, one that demands a fresh set of rules to govern an increasingly online financial world. The near-collapse served as a stark reminder of the fragility inherent in the current system, a system ill-prepared for the rapidity and ruthlessness of the digital domain.
Digital Dynamics and the Speed of Crisis
The crux of the banking model hasn’t changed for centuries: banks borrow short and lend long. Yet, what has evolved at breakneck speed is the ability of panic to spread and deposits to vanish, all with a few taps on a smartphone screen. Gone are the days when a bank run meant physically lining up at the branch. Today, a bank’s fortunes can nosedive within hours, as seen with SVB, where depositors yanked $42 billion in a mere 10 hours. The digital age has not only amplified the speed of information dissemination but also the velocity at which a bank can find itself on the brink.
Government safety nets like deposit insurance and liquidity regulations have traditionally played a stabilizing role. However, these measures faltered in the face of the digital onslaught, unable to shield SVB, Signature Bank, and later, First Republic. The reliance on large depositors, those with balances well above the FDIC’s insured limit, has become a glaring vulnerability. With uninsured deposits in the U.S. ballooning to $7.7 trillion in 2022, the banking system finds itself at a crossroads, necessitating a reevaluation of its defenses against digital-age bank runs.
Rethinking Regulation for the Digital Era
In response to these challenges, regulatory bodies are stirring. Proposals are on the table, from raising or even removing the cap on deposit insurance to introducing a five-day liquidity rule designed to arm banks against rapid withdrawals. The notion of mandating banks to test-drive the Federal Reserve’s discount window annually is particularly intriguing, ensuring they have the operational readiness to access emergency funds when the digital tide turns against them.
Yet, these proposals are met with resistance from the banking sector, wary of the implications for their lending capacities and bottom lines. The industry’s pushback is a testament to the delicate balancing act regulators face: fortifying the banking system against digital-age threats without stifling its ability to fuel the economy.
As banks and their overseers grapple with these digital dilemmas, the broader economy watches closely. The stakes are high, with the potential fallout from a “proper mess” in the digital era likely to dwarf last year’s $16 billion cleanup bill. The evolution of U.S. banking rules is not just a matter of regulatory fine-tuning but a crucial step toward safeguarding the financial system’s stability in an increasingly interconnected and online world.
The journey ahead is fraught with challenges, as banks navigate the shifting sands of digital finance. From the boardrooms of JPMorgan Chase and Bank of America to the regulatory halls of the FDIC and the Federal Reserve, the task is clear: adapt or risk the consequences. As the U.S. banking sector stands at this digital crossroads, the path it chooses will shape not only its own future but also the financial well-being of millions. In the end, the message is clear: in the digital age, the only constant is change, and for the U.S. banking system, the time to evolve is now.
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https://www.cryptopolitan.com/us-banking-rules-must-evolve-in-digital-age/
| 2024-01-27T15:33:22Z
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Celebrating its 15th anniversary, Bitcoin made a grand entrance onto Wall Street, a move that could signal a new era in its journey. The adolescent cryptocurrency, once a subject of skepticism, now finds itself in the midst of Wall Street’s complex financial ecosystem. With 11 new U.S. exchange-traded funds (ETFs) tracking its spot price, Bitcoin has seen a significant shift in its landscape.
Since January 11, when these ETFs began trading, there’s been a flurry of activity, accumulating over 644,860 bitcoins valued at more than $27 billion. This robust start suggests that Bitcoin’s influence in mainstream finance is growing, but it also raises questions about its future dynamics and the role of institutional players in shaping its trajectory.
The Wall Street Bitcoin Wave
The Grayscale Bitcoin Trust, previously a closed-end fund, contributed significantly to this trend by transitioning into an ETF, bringing over 500,000 bitcoins into the fold. The 11 ETFs have attracted $4.1 billion since their debut, according to CoinShares data. This integration of Bitcoin into the world’s largest stock market is not just a milestone; it symbolizes the cryptocurrency’s transition from a niche asset to a more mature, widely recognized financial instrument. Brent Donnelly, a currency trader and president of Spectra Markets, views this as a natural evolution of a once uncertain asset into a mainstream investment.
Comparing the average daily trade value of Bitcoin on cryptocurrency exchanges, around $500 million, with the $4.6 billion volume recorded on the first day of ETF trading in the U.S., it’s evident that Wall Street’s involvement is reshaping Bitcoin’s market dynamics. Anders Helseth of K33 Research points out the potential for the U.S. trading session to significantly influence Bitcoin’s price action, underscoring the pivotal role of these new investment products.
The Ripple Effect of Institutional Interest
Bitcoin’s journey has been anything but dull. With a 50% surge since mid-October and reaching a two-year high post-ETF approval, the cryptocurrency has experienced both soaring heights and sharp declines. The recent dip to $40,267, though significant, still leaves Bitcoin considerably higher than its pre-ETF approval values. This volatility, a characteristic feature of Bitcoin, seems to be undeterred by Wall Street’s embrace. Interestingly, ‘Bitcoin whales,’ investors holding large amounts of Bitcoin, appear to be capitalizing on these price fluctuations, with long-term holders beginning to realize profits on their investments.
However, the narrative extends beyond mere price movements. Wall Street’s newfound interest in Bitcoin is not just about diversification or tapping into an emerging asset class. It reflects a broader shift in financial thinking, a willingness to explore and integrate unconventional assets. This phenomenon isn’t new; gold, for instance, underwent a similar transformation. Initially sidelined, it eventually gained mainstream acceptance, albeit over a much longer timeframe than Bitcoin’s rapid ascent.
Bitcoin’s integration into Wall Street is not just about financial gains or market growth. It’s a testament to a broader shift in the perception of alternative assets and a challenge to conventional investment paradigms. The fact that Wall Street has welcomed a man-made, anonymous asset like Bitcoin without the usual rigor of creator scrutiny speaks volumes about the changing tides in financial decision-making.
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https://www.cryptopolitan.com/wall-streets-true-impact-on-bitcoin/
| 2024-01-27T15:33:29Z
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MOSCOW - Russian President Vladimir Putin castigated Europe on Saturday for "Russophobia" and criticized the Baltic States over human rights at the unveiling of a World War Two memorial.
Since he sent Russian troops into Ukraine nearly two years ago, Putin has been making comparisons with the fight against the Nazis in order to rally his nation.
"The regime in Kyiv exalts Hitler's accomplices, the SS men ... In a number of European countries, Russophobia is promoted as state policy," Putin said in the Leningrad region for the 80th anniversary of the end of the Nazi siege.
The Germans' aims then were to steal the Soviet Union's resources and eliminate its people, he said.
Ukraine, which was part of the Soviet Union and itself suffered devastation at the hands of Hitler's forces, rejects comparisons as spurious pretexts for a war of conquest.
In his speech, Putin also lambasted the Baltic States over human rights. Estonia, Latvia and Lithuania - ruled from Moscow during the Cold War but now members of the European Union and NATO military alliance - have been among the strongest critics of Russia's invasion of Ukraine.
"In the Baltic states, tens of thousands of people are declared subhuman, deprived of their most basic rights, and subjected to persecution," Putin said, referring to migration crackdowns. Moscow has repeatedly accused the Baltic nations of xenophobia and treating Russian minorities as "second-class". REUTERS
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https://www.straitstimes.com/asia/russias-putin-derides-russophobia-in-europe-at-world-war-two-memorial
| 2024-01-27T16:05:52Z
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IPSWICH, England - Sixth-tier Maidstone United stunned Ipswich Town with a 2-1 victory in the fourth round of the FA Cup at Portman Road on Saturday, knocking out a side 98 places above them in the football pyramid.
Lamar Reynolds and Sam Corne scored for Maidstone, the lowest ranked team left in the competition.
"It's the magic of the FA Cup, we have to believe," manager George Elokobi told ITV.
The Stones had their keeper Lucas Covolan to thank for keeping shot after shot out as Ipswich swarmed forward looking for goals.
"I'm so happy I could help my team mates, I'm so proud of the team," said Covolan afterwards as he wiped away tears. "What we achieved is unbelievable, just brilliant. What a great day."
Jeremy Sarmiento scored for Ipswich Town, who are second in the (second tier) Championship table. REUTERS
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https://www.straitstimes.com/sport/football/sixth-tier-maidstone-knock-out-ipswich-town-in-fa-cup-fourth-round
| 2024-01-27T16:05:52Z
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Hyundai's Thierry Neuville took the lead in the season-opening Monte Carlo Rally after winning two of Saturday's three morning stages.
The Belgian went from third overnight to lead Toyota's Elfyn Evans by 5.1 seconds at the mid-leg service point with three more stages to follow in the afternoon. The asphalt rally ends on Sunday.
France's eight-time world rally champion Sebastien Ogier, bidding for a record-extending 10th win in his home French Alps, was third overall and 2.6 seconds behind Evans in a tight podium battle. Hyundai's Ott Tanak was a distant fourth.
Toyota's reigning champion Kalle Rovanpera is absent from the opening round as part of the Finn's decision to run only a part-time programme this year. REUTERS
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https://www.straitstimes.com/sport/rallying-neuville-takes-lead-in-monte-carlo-season-opener
| 2024-01-27T16:05:53Z
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MELBOURNE – The meteorological bureau may not have a record of it, but the weather at Rod Laver Arena on Jan 27 night was decidedly turbulent. It involved a Belarusian force of nature, who first blew away her rival and then blew a kiss to the heavens.
The Australian Open women’s defending champion is 1.82m and wields a racket like a blacksmith’s hammer. She hits, sparks fly and wonderful things are forged. On Jan 27, it was another Grand Slam title as she dominated China’s Zheng Qinwen 6-3, 6-2 in 76 minutes in a performance of imperiousness and authority. The young woman from Shiyan has been brave, but the Belarusian was breathtaking.
The glinting Daphne Akhurst Memorial Cup in her arms at the presentation, Sabalenka threatened to cry, giggled and briefly forgot what she wanted to say. It was the only time on court when she wasn’t in control. In the very first point she hammered a serve and then nailed a backhand. In the third point an ace. In the next game a screaming return. Battering rams sprang to mind.
In five minutes she was up 2-0 and had won eight of nine points. Hurricanes move slower. Next game she went down 0-40 on her serve and a chance offered itself. Zheng could not take it or was it Sabalenka who would not allow it? All match she refused to be broken.
Sabalenka can be mercurial, her emotions running wild, but not on this night. Neither a protestor with a Palestine flag, nor cheerful Chinese fans chanting “jiayou”, interrupted her focus. “Emotionally ready” is how she described herself. “Compared to last year, it’s a completely different me. I’m more controlled.”
Of all the weapons Sabalenka brought to court, the vital one has no numerical measure. Experience. It is tasting big finals, it is discovering composure, it is learning from cruel defeats. In 2023 she led Coco Gauff at the US Open, Ons Jabeur at Wimbledon and Karolina Muchova at the French Open, lost them all and wept and smashed rackets. From pain arrives progress.
On Jan 27, it was Zheng who was hurting, a player of shining promise who said “I could have done much better than that”. Li Na took 19 Grand Slams to make her first final, she has raced there in nine, but it might be consolation on another day. Finals take two weeks to earn and then disappear in a disappointing flash. As she said of that 0-40 opportunity she had: “If you don’t take this chance the match goes away really fast.”
Zheng is being introduced to big-time sport and it is ruthless and exhausting. Off-court Sabalenka and her entourage have preferred a lighter life and she has been signing on her fitness trainer Jason Stacy’s head before matches. But once on court, she transforms.
Her aggression has put her high on the pyramid of power. Martina Navratilova once hit a mighty overhead and tennis writer Bud Collins dubbed Steffi Graf as Fraulein Forehand. Monica Seles smacked the ball at a wicked velocity from both sides and the incomparable Serena Williams accelerated the game even further. It is around that speed zone that Sabalenka functions.
But her game really intimidates in her refusal to back off. Her belief has a rugged beauty and a high skill that only comes from hard labour. Playing her must feel like trying to surf a tsunami for she keeps coming, a game heavy with risk but not hesitancy. Zheng hit more winners (19 to 14) but what counted was the forced errors, where the Belarusian’s precise pace elicited mistakes from the Chinese. Sabalenka had 13, Zheng 32.
Having won the first set, Sabalenka was offered a small gift in the second. In the first game, Zheng hit three double faults to be broken. A stadium in love with her now sighed. The match was sliding away. Zheng looked dejected yet she has given Asia a gift, for this continent rules women’s table tennis and badminton but in tennis we have required a player to follow. Now she has come.
Zheng walks away with a top-10 ranking, Sabalenka with A$3.15 million (S$2.78 million) and respect. A second Grand Slam title has its own forceful weight, it is talent confirmed and consistency demonstrated. “I didn’t want to be that player who wins it and then disappeared,” she said.
Tennis is a restlessly competitive sport, a truth brought home by a throwaway line from Sabalenka’s trainer. Said Stacy about Anton Dubrov, Sabalenka’s coach, “straight after the match and on the walk here (to the press conference), we’re already talking about the things we need to work on”. Sport rarely stops but Sabalenka briefly did on Jan 27 night.
At the press conference, a gloved gent gently placed her trophy on her table and she discovered a glass of champagne next to it.
“Finally,” she smiled.
She took a sip, the first question came and she said:
“I’m speechless.”
She wasn’t really but it didn’t matter. Words were redundant. Her racket had spoken magnificently already.
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https://www.straitstimes.com/sport/storm-of-shot-making-takes-aryna-sabalenka-to-australian-open-title
| 2024-01-27T16:05:53Z
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WASHINGTON/BERLIN - President Joe Biden will meet with German Chancellor Olaf Scholz in Washington on Feb. 9 in a bid to rally support for additional assistance for Ukraine, the White House said on Saturday.
The two leaders will use their White House meeting to reaffirm their strong support for Ukraine after Russia’s invasion, the White House said in a statement.
Biden and Scholz will discuss efforts to prevent regional escalation in the Middle East, their steadfast support for Israel’s right to self-defence, and the imperative of increasing humanitarian assistance and protection of civilians from harm in Gaza.
The meeting is set as bipartisan U.S. Senate talks on a border security deal that some Republicans set as a condition for further Ukraine aid have hit a critical point.
Biden said on Friday that the Senate border deal being negotiated was the "toughest and fairest" set of reforms possible and vowed to "shut down the border" the day he signs the bill.
Biden has requested $61.4 billion in additional funding to help supply Ukraine with weapons and replenish U.S. stocks as it nears the two-year mark of its war with Russia. The funds sought for Ukraine are part of a "supplemental" request that also includes $14.3 billion for Israel and $13.6 billion for border protection.
Scholz said this month the majority of countries in the European Union were not delivering sufficient weapons to Ukraine to help it battle Russia, urging allies to increase efforts.
Germany agreed late last year to double the country's military aid for Ukraine in 2024 to 8 billion euros ($8.7 billion), and on Tuesday said it would send six "Sea King" helicopters to Ukraine from its military inventory this year.
Kyiv and the West say Russia's 2022 invasion was an unprovoked war of aggression and a land grab, while Russian President Vladimir Putin says the 2022 invasion was necessary to protect Russia's own security.
The press office of the German government declined to comment. REUTERS
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https://www.straitstimes.com/world/europe/biden-germanys-scholz-to-meet-at-white-house-on-feb-9
| 2024-01-27T16:06:04Z
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LONDON - Britain, Italy and Finland on Jan 27 became the latest countries to pause funding for the United Nations' refugee agency for Palestinians (UNRWA), following allegations its staff were involved in the Oct 7 Hamas attacks on Israel.
Set up to help refugees of the 1948 war at Israel's founding, UNRWA provides education, health and aid services to Palestinians in Gaza, the West Bank, Jordan, Syria, and Lebanon. It helps about two thirds of Gaza's 2.3 million population and has played a pivotal aid role during the current war.
The United States, Australia and Canada had already paused funding to the aid agency after Israel said 12 UNRWA employees were involved in the cross-border attack. The agency has opened an investigation into several employees severed ties with them.
The Palestinian foreign ministry criticised what it described as an Israeli campaign against UNRWA, and the Hamas militant group condemned the termination of employee contracts "based on information derived from the Zionist enemy."
The UK Foreign Office said it was temporarily pausing funding for UNRWA while the accusations were reviewed and noted London had condemned the Oct 7 attacks as "heinous" terrorism.
"The Italian government has suspended financing of the UNRWA after the atrocious attack on Israel on Oct 7," Foreign Minister Antonio Tajani said on social media platform X.
Finland also said it suspended funding.
Hussein al-Sheikh, head of the Palestinians' umbrella political body the Palestine Liberation Organisation (PLO), said cutting support brought major political and relief risks.
"We call on countries that announced the cessation of their support for UNRWA to immediately reverse their decision," he said on X. REUTERS
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https://www.straitstimes.com/world/europe/britain-italy-and-finland-pause-funding-for-un-refugee-agency-in-gaza
| 2024-01-27T16:06:13Z
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PARIS - “As far as the Russians are concerned, I’ve already been dead twice,” grinned Franck, who is one of a number of alleged French “mercenaries” in Ukraine that Moscow claimed to have killed in a recent strike.
Without providing evidence, the Russian defence ministry claimed last week’s overnight attack on Kharkiv, northeastern Ukraine, had “eliminated” about 60 fighters, “most” of them French citizens”, and wounded 20 others.
“Luckily, they weren’t serious deaths because I’ve come back to life,” joked the burly Frenchman, who spoke to AFP from the front line in Ukraine, where he is fighting in the International Legion.
Several lists – including one said to reveal the identity of around 30 “dead French mercenaries” – have been shared massively on social media by the Kremlin’s Telegram channels and pro-Kremlin activists.
The names include that of Franck, who Russian media had already declared dead in a 2022 video seen by AFP.
“I lost my Go-pro camera in a trench in the Zaporizhzhia region,” he told AFP, his face uncovered but his full name kept secret for security reasons.
“They mixed my pictures in with ones of corpses to say my entire group had died.”
Paris has accused Moscow of spreading disinformation about France.
AFP also spoke to two other French nationals on the lists.
All three French army veterans denied being in Kharkiv during the attack and rejected the accusation they were mercenaries.
They said they had been the target of “propaganda” designed to “undermine their credibility” as volunteers fighting alongside the Ukrainian army.
ChatGPT lists
Mr Beranger Minaud, who met AFP in person on Jan 25 in eastern France, said he left Ukraine in September 2023 after being wounded.
“As far as I’m concerned, it’s impossible for 50 French fighters to be in the same place and the same time in Ukraine,” he said.
“I find it hard to believe there are more than 50 altogether now. And the ones I know are in different units all over the country,” he said.
French security sources estimate there are around 100 French volunteers fighting in Ukraine.
Mr Minaud left his job as a delivery driver to do humanitarian work before taking up arms, saying he was motivated “to stop the massacres” of civilians.
The 45-year-old with a greying goatee showed AFP his French passport bearing his full name and his Ukrainian military ID card.
“Those lists are a load of rubbish,” said another fighter, who gave his identity as Sly, aged 43.
“There are blokes I know on the lists. They were in Ukraine before but they’ve been back in France for some time.”
Contacted via WhatsApp, Sly said he was fighting “in southern Ukraine”.
According to Franck, who got in touch with contacts in Kharkiv from the eastern region of Donbas, where he said he was operating as a sniper, “the bombing that night didn’t hit any military buildings”.
“It hit civilian infrastructure and 19 civilians were wounded but that’s it,” he said.
Franck’s toll is similar to that reported by Kharkiv authorities.
Some names on the lists are simply made up, according to French diplomatic and military sources.
Certain lists “generated by ChatGPT” included ridiculous fakes like “Air Jordan”, one said.
“They start out with verified information on French citizens in Ukraine... and mix it with fake data,” the source said.
Mr Xavier Tytelman, chief editor of Air & Cosmos magazine, who has contacts in the International Legion, said he had been in touch with a dozen of the people on the lists.
“They’re all alive,” he said.
Paris has also denied Russian insinuations that the government helped recruit French nationals to fight in Ukraine.
Moscow’s choice of the word “mercenary” is significant.
It implies that France is breaking its own law against its citizens fighting abroad in return for payment – a crime punishable by five years in prison and a fine of €75,000 (S$100,000).
The term is also used by French authorities to condemn the activities of Russian paramilitary goup Wagner, which Paris accuses of war crimes in Africa.
Same duties, same wages
When Moscow’s forces invaded in February 2022, Ukrainian President Volodymyr Zelensky urged foreign volunteers to join the International Legion.
“We’re all fighting here for different reasons – some for action and adrenalin, others for humanitarian or political causes,” said Sly, who said he was part of a regular Ukrainian army infantry battalion.
“But if we’d come for the money, the word would have got around.”
Foreign combatants enlisted by the Ukrainian army are given a military ID card detailing their names, units and the weapons issued to them.
“We have the same rights and duties as Ukrainian soldiers – except that we can bail out when we want – and we’re paid the same,” said Mr Minaud.
That means 20,000 hryvnia (around S$670) a month and a 100,000-hryvnia bonus for every month spent at the front.
“It’s a bit like the French Foreign Legion,” explained Franck, who said he was fighting alongside combatants “of every nationality on the planet”.
He dismissed “Russian propaganda” that they were mercenaries with a shrug.
“I’m totally at ease with what I’m doing here,” he said. AFP
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https://www.straitstimes.com/world/europe/french-fighters-in-ukraine-rubbish-russian-dead-mercenaries-claims
| 2024-01-27T16:06:23Z
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BERLIN - Promising to rescue Germany from the far right, a new leftist party offered up a populist recipe of high pensions, low defence spending and an end to expensive climate policies in its first outing ahead of regional and European elections this year.
The Sahra Wagenknecht Alliance (BSW), named after its leader, a popular former leader of the Left party, held its first national congress on Saturday, with delegates turning their fire on the entire political spectrum from left to right.
With the far-right Alternative for Germany (AfD) gaining around 20% support in national opinion polls as it lures some voters away from the traditional parties that dominate government and opposition, many analysts speculate the BSW, on 8% in polls in one eastern state, could burst the AfD bubble.
The AfD remains behind the opposition conservatives on 31% but is still well ahead of all the three parties in Chancellor Olaf Scholz's centre-left coalition, who together were polling 32%.
"We fear for democracy, we fear that the anger and disagreement in the country will be seized upon by the AfD," Wagenknecht told Reuters on Saturday. "We don't think people think radical right. They just want a voice that they don't have with other parties."
In some policy areas, little distinguishes it from the AfD: it, too, wants to end weapons deliveries to Ukraine, arguing that they prolong a conflict about whose origins in a Russian invasion nothing was said on stage at the congress.
In a former cinema on East Berlin's Karl-Marx-Allee, she and party colleagues also railed against Chancellor Olaf Scholz's centre-left coalition for being more preoccupied with identity politics than people's material concerns.
The party has a particularly strong base in the former East Germany, where its message resonates of high social spending and a government that derives legitimacy from its ability to provide minimal personal security despite economic adversity.
Wagenknecht, born in eastern Germany to an Iranian father and German mother, cast government and opposition as the agents of the comfortable and wealthy, portraying Robert Habeck and Annalena Baerbock - the Green economy and foreign ministers - as ignorant, urban scolds pursuing harebrained, expensive schemes.
"Maybe Robert Habeck thinks everyone lives in modern houses or well-insulated lofts, so he thinks it a great idea to make everyone install a heat pump," said Wagenknecht.
The party's first electoral test will come later this year in three state elections in the East, where the AfD is on as much as 31% in opinion polls, making it almost impossible to circumvent in any coalition talks.
Wagenknecht has ruled out working with the AfD, yet while a strong BSW performance could solve one governance conundrum, her foreign policy positions may turn out to be no more palatable to other parties. REUTERS
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https://www.straitstimes.com/world/europe/more-pensions-fewer-weapons-new-party-pitches-to-save-germany-from-afd
| 2024-01-27T16:06:34Z
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NAIROBI - Several hundred people marched in Nairobi on Jan 27 to protest against femicide in Kenya, where over a dozen women have been killed this month in cases that shocked the nation.
The campaigners took to the streets of the capital holding placards that read, “Being a woman should not be a death sentence” and “Patriarchy kills” while others featured names and photographs of the victims.
“Stop killing us,” they chanted as they marched towards parliament, bringing traffic to a halt in Nairobi’s central business district.
At least 16 women have been killed in Kenya this year, according to media reports, shining a spotlight on violence against women, which the government has described as “rising”.
In one of the cases that gained nationwide attention, a 26-year-old woman was killed on Jan 4 at a short-term rental flat by a suspect who police say is part of an extortionist gang which targets women through dating sites.
Barely a fortnight later, a 20-year-old woman was strangled, dismembered and her remains stuffed into a plastic bag.
The gruesome killing triggered nationwide shock, including the chief government pathologist Johansen Oduor who said he had “never come across” such an incident over a two-decade forensic career.
Two men are in police custody over the case but are yet to be charged.
“Femicide is the most brutal manifestation of gender-based violence,” Amnesty International’s Kenya chapter said in a statement ahead of the march.
“It is unacceptable and must never be normalised,” the rights group said, calling on authorities to expedite investigations and prosecution of the perpetrators.
At the Jan 27 protest, Mr Terry Wangare, a communications officer, said it was “time for Kenya to stand up and make a decision”.
“Nobody cares. If you complain, you are bad,” the 32-year-old told AFP.
Student Faith Claire Wanjiru, 23, who was at her first protest, said she was “angry” and was not going to tolerate the violence.
“Taking someone’s life should not be anyone’s work,” she said.
Organisers of the protest said other marches took place in 10 other regions, including the lakeside city of Kisumu and the Indian Ocean port city of Mombasa.
More than 30 per cent of women in Kenya experience physical violence and 13 per cent experience some form of sexual violence, according to a government report released last year.
Human rights watchdogs are convinced that the number represents just a fraction of actual cases.
There were at least 152 cases of femicide in Kenya last year, according to non-profit Femicide Count, which keeps a tally of only reported incidents.
In 2022, some 725 women and girls were murdered in the East African country, according to a report from the United Nations Office on Drugs and Crime. AFP
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https://www.straitstimes.com/world/hundreds-march-against-gender-violence-in-kenya
| 2024-01-27T16:06:44Z
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DUBAI -Commodities trader Trafigura said on Saturday it was assessing the security risks of further Red Sea voyages after firefighters put out a blaze on a tanker attacked by Yemen's Houthi group a day earlier.
The U.S. military said a U.S. Navy ship and other vessels provided assistance after the Marlin Luanda was hit by a Houthi anti-ship missile.
"No further vessels operating on behalf of Trafigura are currently transiting the Gulf of Aden and we continue to assess carefully the risks involved in any voyage, including in respect of security and safety of the crew, together with shipowners and customers," a Trafigura statement said.
Some shipping companies have suspended transits through the Red Sea, which is accessed from the Gulf of Aden, and taken much longer, costlier journeys around Africa to avoid being attacked by Yemen's Iranian-backed Houthi group, which began launching waves of exploding drones and missiles at vessels on Nov. 19 in response to Israel's military operations in Gaza.
The Houthi attacks have primarily targeted container vessels moving through the Red Sea. Many fuel tankers have kept using the route.
A notable exception is QatarEnergy, the world's second largest exporter of liquefied natural gas, which earlier this month stopped sending tankers via the Red Sea, citing security concerns.
Over several hours early on Saturday the Marlin Luanda's crew battled a blaze in one cargo tank on the vessel's starboard side, Trafigura's said in a statement.
By Saturday afternoon, the blaze was extinguished and all crew were safe, Trafigura said.
"The vessel is now sailing towards a safe harbour," Trafigura said, adding that the firefighting effort had been supported by Indian, U.S. and French navy vessels.
The Marshall Islands-flagged Marlin Luanda issued a distress call on Friday and reported damage, U.S. Central Command said in a post on X, formerly Twitter. The USS Carney and other coalition ships were providing assistance to the tanker, it said.
India's navy deployed INS Visakhapatnam, a guided missile destroyer, after receiving a distress call from the Marlin Luanda, which had 22 Indian and one Bangladeshi crew on board, an Indian Navy spokesman said.
The tanker was carrying Russian naphtha purchased below the price cap in line with G7 sanctions, a Trafigura spokesperson said on Friday.
U.S. and British warplanes, ships and submarines have responded to the Houthi attacks on shipping in recent weeks with dozens of retaliatory strikes across Yemen against Houthi forces.
About eight hours after the Marlin Luanda incident, the U.S. military destroyed a Houthi anti-ship missile that was aimed into the Red Sea and ready to launch, Central Command said.
The missile "presented an imminent threat to merchant vessels and the U.S. Navy ships in the region", it said.
The Houthis' Al-Masira television said on Saturday that the United States and Britain launched two air strikes that targeted the port of Ras Issa, Yemen's main oil export terminal.
It was not clear if this was the strike referred to by Central Command, and the U.S. Fifth Fleet did not immediately respond to a request for comment.
The British Defence Ministry declined to comment. REUTERS
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https://www.straitstimes.com/world/trafigura-assesses-red-sea-risks-after-tanker-attacked-by-houthis
| 2024-01-27T16:06:54Z
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The Lake Victoria of today is relatively young at just 16,000 years old, but within this tiny timeframe, some 500 different species of cichlid fish have managed to evolve here. Remarkably, this explosion of diversity is primarily thanks to hybrids born as a result of inter-species breeding.
In a study, scientists at the University of Bern, the University of Cambridge, and the Wellcome Sanger Institute discovered that the hundreds of wildly different species had, in fact, all evolved from just three lineages of cichlid that arrived in Lake Victoria – Africa's largest lake – around 16,000 years ago when it refilled after an intense dry spell. This is unbelievably fast in terms of evolution.
“They evolved from probably three lineages that came together in the lake, hybridized, combined their genetic variation, and generated this huge diversity of hybrids, which then evolved into different species,” Dr Joana Meier, first author of the study and group leader at the Wellcome Sanger Institute, told IFLScience.
“We now find over 500 species of cichlid fishes. We found out that all those cichlid fish species actually evolved within the lake in just 16,000 years, which is absolutely crazy. Usually, it takes over a million years for a new species to evolve,” Dr Meier added.
“It's kind of like a rabbit turning into a wolf within an eyeblink. Super crazy ecological differentiation – very, very fast.”
From their humble beginnings, the cichlids now thrive in Lake Victoria and occupy almost every imaginable niche in the ecosystem. They also look visibility different, boasting a variety of different shapes, sizes, colors, and forms.
“The species are super different too. Some are algae scrapers, others eat zooplankton, and others are top predators that eat other fish,” Dr Meier explained.
The team thinks this astonishing situation came about because the lake’s water would’ve been very murky when it first refilled. This meant that the cichlids couldn’t tell each other’s colors and found it difficult to identify different species. Shrouded by the muddy waters, a festival of hybridization took place.
The success of cichlid hybridization in Lake Victoria challenges one of the oldest assumptions about evolution that two different species can not reproduce and create viable or fertile offspring. As opposed to hybrids always being an evolutionary dead-end, it is possible for them to become a positive force in the survival of a gene.
Many hybrids born to parents of different species won’t be successful and might even be infertile. However, for a lucky few, the combination of genes could provide them with an advantage over their peers, helping them to survive and reproduce.
“They are generating a lot of genetic diversity. Even if some of them are doing really badly, it can still be beneficial if some are doing well,” Meier told IFLScience.
This doesn’t just apply to cichlids in Lake Victoria, either. If you look around, you’ll be able to see glimpses of introgressive hybridization within the genome of most living animals, from butterflies and spiders to marine mammals.
“With new genomic technologies to sequence DNA, we now see that basically all species – including humans – have some parts of the DNA that are derived from another species, which suggests that there was hybridization in the past,” Meier explained.
Indeed, if you look at the genome of many modern humans, you can find genetic evidence of Homo sapiens breeding with both Neanderthals and Denisovans, two other species of hominin that have since fallen into extinction.
For better or for worse, humans are also the products of hybridization. In the case of some people living in East Asia, there is evidence that Denisovan DNA has helped them to acclimatize to higher altitudes. On the other hand, Neanderthal DNA in the genome of people from Europe can lead to a higher risk of some diseases, including COVID-19 and depression.
The study challenges the idea that hybrization always end in a genetic dead-end. “Under certain circumstances, some hybrids may actually be doing better. It's possible that in most circumstances they are not, but in some they are,” Meier said.
The study is published in the journal Science.
An earlier version of this article was published in October 2023.
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https://www.iflscience.com/over-500-fish-species-undergo-rapid-evolution-in-a-single-lake-through-hybridization-72658
| 2024-01-27T16:23:14Z
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A study by psychologists at the Norwegian University of Science and Technology claims to have found the most effective flirting techniques for men and women.
The researchers looked at college students in the US and Norway, all of whom were heterosexual. The volunteer participants were sent questionnaires, asking them to rate how effective 40 different types of flirting were when looking for a short or long-term relationship, and based on whether the flirter was male or female. The researchers also looked at the participants' own extroversion levels, age, how religious they were, how willing they were to be in a relationship, as well as how attractive they are in the dating market.
“What’s most effective depends on your gender and whether the purpose of the flirtation is a long-term or short-term relationship,” Leif Edward Ottesen Kennair, professor of psychology at Norwegian University of Science and Technology explained in a press release.
For women looking for short-term relationships – a fling or a one-night stand, for example – the most effective technique was fairly unsurprising.
“People consider signals that you’re sexually available to be the most effective for women who are looking for a short-term relationship,” Kennair said. Friendly contact such as hugging or a friendly kiss on the cheek isn't enough in those situations, and so women who want a quick fling are better off using cues that highlight sexual availability, such as rubbing against potential partners, moving closer, and making body contact.
Men looking for short-term flings could not rely on just one technique.
"The tactics that were judged most effective for women for a one-night stand were exclusively sexual or physical," the team wrote in the study. "In contrast, men were judged more effective if they, in addition to physical and sexual tactics, also smiled, showed interest in conversations, gave compliments, and made her laugh."
The team found that for men seeking longer-term relationships, “signs of generosity and a willingness to commit works best". However, if you're looking for more general advice on flirting, there was one type that appeared to be universally effective.
“People think that humour, or being able to make another person laugh, is most effective for men who are looking for a long-term relationship. It’s least effective for women who are looking for a one-night stand. But laughing or giggling at the other person’s jokes is an effective flirtation tactic for both sexes,” Kennair said in the statement. This held true across US and Norway participants in the study.
“It is not only effective to be funny," Rebecca Burch, a co-author from SUNY Oswego, US, added. "But for women it is very important that you show your potential partner that you think they are funny”.
If you have trouble being funny, Kennair recommends that you begin with another effective flirting technique – smiling and eye contact – before working on the other skills from that baseline.
The study is published in the journal Evolutionary Psychology,
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https://www.iflscience.com/theres-a-flirting-technique-that-works-most-of-the-time-according-to-science-72660
| 2024-01-27T16:23:21Z
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The 12,000-year-old prehistoric site of Göbekli Tepe has become showered with attention in recent years – and rightly so – but it’s lesser known that southern Turkey is also home to a very similar “sister site” known as Karahan Tepe.
Located just over 45 kilometers (27 miles) east of Göbekli Tepe, Karahan Tepe was first discovered in 1997, according to an academic paper published in 2000. While the archaeological site has still not been fully excavated, digs have revealed that this ancient complex has some incredible similarities to Göbekli Tepe.
The word “tepe” means hill or summit in Turkish and describes how both of these sites lay around the rocky Tektek Mountains of Turkey, although the hills around Karahan Tepe are slightly less severe with the site stranding around 700 meters (2,296 feet) above sea level.
Its ruins span over an area of 325,000 meters squared (3.4 million feet squared), which is around three times smaller than the Göbekli Tepe excavation area. However, it does feature similar pillar features, special structures, obelisks, and ornate animal sculptures.
As per another study, archaeologists have documented 274 architectural finds at the site, at least 266 being pillars that are still standing proud. A handful of the pillars have even been decorated with stunning reliefs depicting snakes and human faces.
Its precise age isn’t clear, but it’s likely that it dates to around the same time period as Göbekli Tepe. It also looks like it was only inhabited for a brief blip of time during the Pre-Pottery Neolithic period.
One of the main wonders of Göbekli Tepe is that it was built during the Neolithic age at some point between 9600 and 8200 BCE. It is widely thought that complex structures such as this could only be achieved after a society has mastered agriculture, which emerged 10,000 to 12,000 years ago when humans began to domesticate plants and animals.
Yet the age of Göbekli Tepe challenges that fundamental assumption. It suggests that it was constructed at the very dawn of humanity’s first agricultural revolution when settlements were thought to be small and humble gatherings of people who were just beginning to utilize agriculture.
Either that or settled civilizations have been around for longer than thought, although that idea is controversial and riddled with psuedo-archaeological beliefs.
As the world's oldest known megalithic site, Göbekli Tepe is often shrugged off as a freak anomaly that, for some reason, appears thousands of years before anything else like it on Earth emerged.
However, Karahan Tepe shows that it is certainly not a one-off and other paradigm-shifting discoveries might be out there.
An earlier version of this article was published in January 2023.
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https://www.iflscience.com/unveiling-the-mysteries-of-karahan-tepe-the-remarkable-companion-to-gobekli-tepe-72659
| 2024-01-27T16:23:27Z
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Zealandia has been kicking about for a good 60 million years, having separated from the supercontinent Gondwana around that time. It’s also almost entirely submerged underwater and wasn’t even formally recognized as a continent until 2017. But now, it’s experiencing something of a resurgence – at least in a research sense – becoming the first continent to be completely mapped and revealing some new secrets to boot.
Creating a full map of a continent was already difficult before Zealandia officially became a thing; all of Earth’s continents have hard-to-explore shelves underwater, meaning geological maps across the planet’s surface are a bit lacking. With 95 percent of Zealandia being submerged, it pretty much takes the biscuit in terms of difficulty.
Thankfully, that didn’t put researchers off. Building upon a paper published back in 2019, an international team of scientists successfully completed the mapping of the 5 million square kilometer (1.9 million square miles) continent.
"We believe Zealandia is the first of Earth's continents to have its basement, sedimentary basins, and volcanic rocks fully mapped out to the continent-ocean boundary," the team wrote in a paper describing the mapping and findings.
Previous research identified that Zealandia’s crust is thinner than the crust of most other continents, but what caused the thinning process was unclear. Using magnetic surveys, the new study uncovered an explosive potential cause – basalt lava rocks indicated there used to be a giant volcanic region.
It’s thought this region ignited between 100 and 60 million years ago, right around the time Zealandia broke off from Gondwana. “For this period of at least 40 million years, molten magma flooded out of cracks and fissures as the continent stretched and thinned like pizza dough,” explained lead author Nick Mortimer in a statement.
Co-author Wanda Stratford added: "Until now, the role of magma in Gondwana breakup has been underestimated. We can now see these lavas cover an area of 250,000 km2 [96,500 square miles] across the continent - about the size of New Zealand itself.”
Through dating and chemical analysis, the complete map also uncovered a full picture of another key part of Zealandia’s story – its 4000-kilometer-long (around 2,500 miles) granite backbone. Dubbed the Median Batholith, the transcontinental belt of granite is thought to be between 250-100 million years old.
As for what’s next for Zealandia, Mortimer has some ideas. “While the continent is the first to be completely mapped out to its submarine edges, much exploration and discovery remains. Not just what is where, but when, how, and why the major geological events that have shaped our continent took place.”
The study is published in Tectonics.
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https://www.iflscience.com/zealandia-is-earths-first-continent-to-be-completely-mapped-revealing-ancient-secrets-72646
| 2024-01-27T16:23:33Z
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Bradley Cooper opened up about his unconventional introduction to Maestro co-star Carey Mulligan, which led to them going to the hospital.
As the duo sat down on the Graham Norton Show to discuss how they first met, Bradley explained that Carey was "not okay".
The A Star Is Born actor had gone to visit Carey in a one-woman show while researching for Maestro, and when he went to go see her backstage, he discovered her in a lot of pain.
"She was prone - it was a small theater so there wasn't even a room, it was just a curtain, and she was prone because one of the sets had hit her in the top of the head halfway through the play", Bradley explained.
Fellow guests on the couch - including Bryce Dallas Howard, Bryan Cranston and Daniel Kaluuya - looked utterly shocked as their jaws dropped after hearing about the incident. They were even more shocked when they heard that, despite the potentially serious head injury, Carey had pushed on with the performance.
Carey confirmed the story herself. "Maybe about half an hour before the end I got hit quite badly, but I carried on because no one saw it", she revealed. "It was in the black out."
It was only after the play finished that Carey finally realized the extent of her injury, which had her in floods of tears. "I thought I was really a goner, you get it in your head with a head injury that's it", she admitted, explaining the director had tried to calm her down when someone came in and informed them that Bradley Cooper had come backstage.
"He came in and looked me in the eye and went 'you're not alright'," she told them, and the duo went to the emergency room. She joked: "the nurse was delighted."
It turns out that this was the first time the Maestro co-stars had met - arguably a memorable introduction.
But, as Bryce pointed out, this wasn't the first time Bradley had taken an A-List actress to hospital.
"Did you bring Brooke Shields to the hospital as well?" she asked, which the Hangover actor confirmed.
"Don't stay near me", he joked.
When Brooke Shields suffered from a grand mal seizure in November 2023, fans across the world were concerned for her wellbeing - and confused by the news that Bradley Cooper had been in the ambulance with her.
Finally, Bradley opened up about just what happened that led to him helping her during the emergency.
"We're neighbors in New York and it was lunch time and I remember I put sausages on the grill", he recounted. His friend came into the kitchen and explained that Brooke had just had a fall at a restaurant across the way, which led to him going over to see what was going on.
"Luckily, I live across the street from the police precinct and they recognized me so I was able to go in," he revealed. "We went into the ambulance and were trying to figure out the hospital to get to. It was crazy."
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https://www.hellomagazine.com/celebrities/512187/bradley-cooper-reveals-why-he-ended-up-in-hospital-with-co-star-carey-mulligan/
| 2024-01-27T16:31:35Z
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Ronan Keating and wife Storm hit the beach on Saturday to mark a special celebration, and the couple looked so loved-up as they leant in for a kiss.
The couple were marking Australia Day, which will hold a special place in Storm's heart given her Aussie heritage. In the sun-swept photo, Ronan and Storm were complete couple goals as they shared their romantic moment and the model looked absolutely stunning in an eye-catching sundress as her blonde locks swept behind her shoulders.
Meanwhile, Ronan had opted for an all-blue ensemble, with a light T-shirt and darker shorts, while also wearing a cap while soaking up the sun's rays.
In her caption, although Storm celebrated the event, she also lamented her distance from her home country, saying: "Happy Australia Day to all my fellow Aussies. God I miss you.
"There is nothing quite like ya #Australia You really are something special. My favourite place on earth and some of my favourite people. The home of some of my happiest memories…"
Although Storm and her family are currently away from her home, her husband previously hinted that the pair might one day move there. In 2019, he confessed: "I can't wait to get back ... Storm and I just love it. It's such a special place and so important to us. At some stage in my life I'll settle down in Sydney for an amount of time."
Being away from her home country doesn't stop Storm living her life to the fullest and last October, the mum-of-two celebrated as she officially became a British citizen.
Storm looked so smart for her ceremony, wearing a grey tweed jacket and smart black trousers, while Ronan looked handsome in a cream suit and brown shoes as he looked proud while stood with his beloved.
In a photo shared by her close friend, Stefania Aleksander, Storm revealed that Ronan's oldest children, Jack, Missy and Ali had all joined the model as well for the joyous occasions. Storm's own children, Cooper, six, and Coco, three, were at home during the event.
The clip also revealed a small party that Storm held after the event, which included both British and Australian flags and a red cake that said: "You're a pomausie," a play on Australian and the term 'pommie'.
Ronan and Storm first met back in 2011 on the Australian version of the X Factor, and their relationship is still going strong. In an interview with HELLO! last year, the Irish singer revealed that he and his wife still leave little notes for one another around the house.
SEE: Ronan Keating's wife Storm stuns in leg-lengthening mini-skirt for romantic getaway with husband
DISCOVER: Ronan and Storm Keating's 'romantic' secret to happy marriage with five kids
Ronan recalled when Storm was living in Australia at the start of their relationship, they would send each other tracks that reminded them of heartwarming moments from special days they spent together.
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https://www.hellomagazine.com/celebrities/512188/ronan-keating-wife-storm-loved-up-australia-day-celebrations/
| 2024-01-27T16:31:41Z
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Amanda Holden has established quite the reputation as one of the most glamorous radio hosts around. She always arrives at the Heart Radio studio looking so stylish and yet her latest look came with an accessory that no one saw coming.
The Britain's Got Talent judge, 52, strutted her stuff as she left the radio studio on Friday in a gorgeous red knitted bodycon dress in a ribbed material with a subtle sweetheart neckline and a cutout detail.
Amanda paired the shin-grazing number with a coordinating longline coat in a ruby red shade with black buttons. Though fans are used to seeing the radio star in killer heels or glamorous knee-high boots, Amanda was seen on this occasion donning a pair of white slippers with the Heart Radio logo printed on and held her glamorous red stilettos in her hand.
The star of Amanda and Alan's Italian Job carried a black micro bag in her hand. She accessorised the dressed-down glam look with gold layered necklaces, a pair of oversized sunglasses, and a straight hairstyle that emphasised her layers.
The TV judge stepped out just days prior for the photocall for Britain's Got Talent at the London Palladium alongside her fellow judges Alesha Dixon, Simon Cowell, and Bruno Tonioli, as well as the two iconic presenters, Ant McPartlin and Dec Donnelly.
Amanda looked so stylish in a chic boxy cropped blazer in white which had a plunging neckline that revealed a black bralet. She teamed the garment with a pair of black trousers that was fitted to the knee where it fell away into a leather section with a buckled strap around her leg and peep-toe black platformed heels.
She popped gold rings on her manicured fingers and layered gold necklaces to elevate the look. Her makeup was fabulous with a bronzed base, a matte cool-toned mauve lip, and a plum-toned eyeshadow with rhinestones on the inner corner for a youthful touch.
Her fellow judge Alesha Dixon, 45, looked so effortlessly cool in a lime green oversized utility jacket and coordinating cargos covered in pockets. The former Mis-Teeq bandmember teamed the lime co-ord with a dark-wash denim cut-out crop top and a pair of mustard yellow trainers. Oversized silver earrings completed the look.
Amanda is a fan of a block colour moment. Take a look at our favourites…
DISCOVER: Amanda Holden shares emotional video with rare family photos
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https://www.hellomagazine.com/fashion/celebrity-style/512189/bgt-amanda-holden-stuns-red-hot-look-surprising-accessory/
| 2024-01-27T16:31:47Z
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After completing her master's degree at the prestigious London School of Economics, Kuldeep Knox, 34 thought that she was set for a career in finance. However, after spending a few years working for a private equity fund investing in luxury European brands, she soon realized that the number-crunching wasn’t for her. And it didn’t do anything for her stress levels either.
“I was 28, had a stressful career and my hair began to dramatically thin,” Kuldeep explained to HELLO! “I think it was due to a combination of factors - I'd come off the pill, so hormone changes were an element of it. But my career in finance certainly didn’t help.”
Realizing that her hair thinning was knocking her self-confidence and making her feel more stressed and unhappy, Kuldeep knew it was time for a lifestyle change.
”A couple of years before I started losing my hair, I’d played a role in acquiring a fragrance house in London and when I met the perfumer, I remember going into her lab and I just kind of thought, hold on a minute, this feels like a world that I connect with. I just fell in love with it. The products, the customers, the branding.”
“Coincidentally, during this time, my grandmother was visiting from India, and I remember being at my parents' house and she stood in the garden and let her hair down and she just had the most incredible long, dark, thick hair, even though she was in her late seventies. She told me about the different Ayurvedic ingredients she was using and that the moment that really kind of set me off on my own personal wellness journey and my life really pivoted.”
Motivated to address her own hair loss as well as the lack of high-performance and natural haircare products she felt wasn’t in the market, Kuldeep left her job and spent 18 months collaborating with natural chemists to formulate her own product range.
“I started talking to friends of mine and I was just really surprised that pretty much every single woman I spoke to was also suffering with her own hair concerns and I quickly realized how important a woman's hair was part of her self-identity. Pretty much every single woman I spoke to was suffering with her own hair concerns,” Kuldeep explains. “But there wasn't a product available on the market that was both high performance and natural, but also something that you actually wanted to have on a bathroom shelf, something that actually looked good.”
Inspired by her grandmother’s story and the origins of shampoo in India, Kuldeep launched Chāmpo in 2019 and it is now the fastest-growing haircare brand in the UK.
Kuldeep credits her instinct and fearlessness in making bold decisions. And she encourages other women to believe in themselves, be courageous, and take control of their destinies. “You could say it has been a slight pivot in a different direction, but I always believed that if you have the courage to do the things that you really want to do, you don't let fear stand in your way, and you can pivot through anything. That's been one of my mottoes!”
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https://www.hellomagazine.com/healthandbeauty/health-and-fitness/512190/hair-thinning-drove-me-to-change-my-career-and-transform-my-life/
| 2024-01-27T16:31:53Z
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Crown Princess Victoria of Sweden never puts a foot wrong when it comes to fashion and her latest look on Thursday saw her taking a leaf out of Princess Kate's book.
The 46-year-old Princess was captured donning an oversized By Malina suit when she visited the aerospace and defense company Saab, in Linköping, Sweden.
The chequered two-piece was in an on-trend soft grey hue and was perfectly paired with a matching grey Andiata 'Grey Shimmer' polo neck.
Accessories were everything when it came to this corporate-chic ensemble, with the Princess adding an oversized, extra-chunky H&M necklace in the same grey shade. The standout necklace went perfectly with the ultra-chic Yves Saint Laurent 'Carre' satchel bag.
As for shoes, Victoria opted for af Klingberg 'Rakel' suede boots in shade taupe. She also added a silver watch on her right wrist. As for her hair, Mary swept her brunette tresses back into a black claw clip.
The photos were shared on the official Instagram account for the Swedish royals alongside the words: "Yesterday, the Crown Princess and Prince Daniel visited Saab's aviation operations, where, among other things, they manufacture the fighter aircraft Jas Gripen.
"In the afternoon, the Crown Princess couple met with representatives from the social administration and the police in Linköping as well as municipalities within the county who told about crime prevention efforts being done in the county."
Princess Victoria's corporate ensemble can be likened to the countless times Princess Kate has donned a powersuit having worn everything from a daring scarlett-hued number to pale Barbie-pink.
Royal style expert Miranda Holder revealed the best way to emulate the royally-approved look in three simple steps.
"A suit is not just a suit! The colour is make or break, so ensure the shade is flattering and go for a bold, bright hue if you dare, keeping accessories tonal or matching to create a striking and contemporary monochrome look," says Miranda.
She added: "Don’t be afraid of teaming trainers with your look if you need to - the rules have totally changed - to keep your look bang up to date, add an oversized clutch and a pair of statement stud earrings."
And finally: "Pay attention to where the jacket ends on your leg - ensure that it is your slimmest point for the most figure-flattering effect."
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https://www.hellomagazine.com/royalty/512186/crown-princess-victoria-princess-kate-power-suit/
| 2024-01-27T16:31:59Z
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Chip and Joanna Gaines run their renovation business as a family, which naturally means their five children get involved in what they are up to. Joanna showed fans that even their youngest child Crew is game to get involved in the family business.
Taking to Instagram, Joanna shared with fans a video of her five-year-old son mucking in with the family work at the Magnolia offices - and it goes without saying it was adorable.
In the sweet video, Crew was first seen in a big box, which he could be seen peering out of. He dragged the box all around the office with him, clearly obsessed with it, and clearly had transformed it into his own toy as a door had been carved into it so he could easy go in and out.
The five-year-old also scootered around the office on an adventure, speeding down ramps and weaving through tables and chairs. He whizzed past bookcases and after a long hard day of zooming about, he stopped at the coffee bar to pick up a hot drink before going off again on another journey.
Joanna humorously captioned the clip: "Future VP of operations". But it's not far off from the truth that Crew is following in his parent's footsteps. He has been coming to work with his mom and dad since he was born.
"He's my little sidekick," Joanna said when he was just nine months old. "He comes to work with me every day and goes to all my meetings."
"I always tell Chip, 'This boy is going to be able to run the company by age 5!'" she said.
Joanna does her best to keep her youngest son creatively stimulated, taking him on loads of adventures. She took to Instagram to show off their outdoors adventures.
She captioned the video: "He woke up this morning and said he wanted to be a 'tire man' and then he changed his mind and wanted to be a butterfly catcher and that turned into becoming a fire maker, this little guy makes life fun."
Crew was born in 2019, which Chip announced on Twitter.
"The Gaines crew is now 1 stronger!" he wrote. "10 beautiful toes and 10 beautiful fingers all accounted for, and big momma is doing great!"
Crew is the first of their sons not to have a name beginning with the letter D, as his two older brothers are called Duke and Drake. Despite a large age gap between Crew and his siblings, they remain close.
"I think it's sweet because they're older now, and I can see them wanting to be a part of this," Joanna revealed to PEOPLE. "We're all rallying around this baby, which I feel is a sweet gift to our family."
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https://www.hellomagazine.com/celebrities/512192/joanna-gaines-shares-adorable-video-of-son-crew-5-helping-in-the-magnolia-offices/
| 2024-01-27T16:44:44Z
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Forever the supermodel, Heidi Klum showed off her endless legs in a tiny mini dress and the highest heels as she enjoyed a special night out on Friday.
The America's Got Talent judge partied in Miami to debut her new single Sunglasses at Night with DJ Tiësto, and the star looked incredible wearing a dazzling disc mini dress.
Heidi, 50, teamed the semi-sheer dress with a red bomber jacket that perfectly matched her nails, a pair of black heels, cat-eye sunglasses, and a chain strap handbag. As for her hair, the star styled her blonde locks in soft waves, with her signature bangs swept to the side to beautifully frame her face.
The German model teamed up with the prolific producer Tiësto for the release of her new song, which is a cover of Cory Hart's eighties hit Sunglasses at Night.
Heidi shared a series of videos on her Instagram Stories from the launch event, and the star could be seen dancing on stage alongside Tiësto, as well as former Victoria's Secret model Karolína Kurková.
It's not the only time that Heidi has blown fans away with her incredible fashion sense. Just last week, the star appeared on The Jennifer Hudson Show to discuss the release of her new single, and the Germany's Next Top Model host looked phenomenal in a halterneck mini dress with the prettiest floral detailing.
The show-stopping dress featured sheer netting with a sparkling finish, adorned with white rose embroidery. Heidi rounded off the look with a pair of white heels and sparkling silver earrings that perfectly complemented the glittering ensemble.
The mother-of-four took to Instagram to share snapshots from her time on the talk show, including a stunning selfie of herself and the show's host Jennifer Hudson.
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https://www.hellomagazine.com/fashion/celebrity-style/512191/heidi-klum-sequin-mini-dress-high-heels-parties-in-miami/
| 2024-01-27T16:44:50Z
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The White House is working on a new strategy for the war in Ukraine that does not involve recapturing occupied territories, instead focusing on helping the Ukrainian armed forces repel Russian attacks while moving toward long-term increases in defense capabilities and the Ukrainian economy, The Washington Post reports, citing White House officials.
The US strategy will have a significant impact on Ukraine’s strategy for 2024, as the US is Ukraine’s most significant military donor, and signals that a transition to active defense is more than likely.
The officials said the 2024 plans do not anticipate significant Ukrainian gains against Russia.
The new approach aims to strengthen Ukraine’s military in the long run rather than win back land in the near future. “The idea now is to position Ukraine to hold its position on the battlefield for now, but ‘put them on a different trajectory to be much stronger by the end of 2024 … and get them on a more sustainable path,'” an official said.
The new strategy, The Washington Post writes, differs sharply from last year’s approach, when the US and allies rushed equipment to Kyiv and trained soldiers, hoping to help push back the Russian forces that occupied eastern and southern Ukraine. However, this plan failed, mainly due to the heavily fortified minefields and trenches on the front line on the Russian side, the publication notes.
“It’s pretty clear that it will be difficult for them to try to mount the same kind of major push on all fronts that they tried to do last year,” a senior administration official said, according to The Washington Post.
The US document outlines support in four phases:
- fight
- build
- recover
- reform.
The “fight” phase focuses on providing more ammunition, drones, and air defense, including additional air defense to create protective “bubbles” around Ukrainian cities beyond Kyiv and Odesa.
The “build” phase pledges future security aid to develop a “highly deterrent” Ukrainian military. The strategy also aims to allow key parts of the Ukrainian economy and exports, including steel and agriculture, to recover.
In 2024, the US hopes Ukraine will avoid losing further territory to Russia’s occupation of one-fifth of the country.
The Western countries, The Washington Post writes, want Kyiv to focus on tactics that have been more successful recently – conducting long-range fire, containing the Black Sea Fleet, and tying down Russian forces inside Crimea using missile strikes and sabotage.
The US plan became part of efforts by nearly three dozen countries, each preparing a document with specific commitments for Ukraine, The Washington Post writes. T
The US hopes to publish its 10-year agreement in spring 2024. The document will guarantee support for the Ukrainian armed forces’ short-term military operations, as well as the creation of forces capable of deterring Russian aggression.
According to one of The Washington Post’s sources, this does not mean that the Ukrainians will simply build defensive trenches and “sit in them all year.” He adds that both sides will continue to “exchange territories” in small settlements of strategic value, launch “missiles and drones,” and Russian forces will continue attacking civilian infrastructure.
However, this plan, The Washington Post notes, also carries political risks – Ukrainians may begin to express dissatisfaction with the stalemate on the front, and leaders of Western countries understand that their citizens’ patience regarding financing the war in Ukraine is not unlimited.
President Volodymyr Zelensky acknowledged doubts about ambitious offensives this year without clarity on US aid. “We get asked what’s our plan, but we need to understand what resources we’re going to have,” Ukrainian lawmaker Roman Kostenko told The Washington Post.
US officials believe Russian President Vladimir Putin is unlikely to negotiate seriously this year, hoping Trump will reduce support for Ukraine if reelected. Trump claimed he could settle the war in “24 hours,” which Zelensky called “very dangerous.”
The strategy aims to “future-proof” aid against a Trump win. But some question shifting focus from sending maximum weapons now. “You cannot win a war by pursuing an incremental step-by-step approach,” said former NATO chief Anders Fogh Rasmussen, The Washington Post writes.
Related:
- Why Ukraine’s counteroffensive failed: WP analysis in 7 minutes
- Five realistic scenarios of war in Ukraine in 2024: GLOBSEC report
- Welt: Ukraine prepping for major offensive “like Zaluzhnyi envisioned” in 2024
- WSJ: Ukraine’s counteroffensive plan hinges on 2025
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https://euromaidanpress.com/2024/01/27/wp-new-us-plan-aims-to-strengthen-ukraine-military-by-2024-not-retake-land/
| 2024-01-27T16:57:33Z
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SUBANG, WEST JAVA - From as early as 6am on Jan 27, supporters of presidential front runner Prabowo Subianto started pouring into a park in Subang regency, West Java province.
Thousands of excited people, pumped up by the loud, booming music, cheered and chanted Mr Prabowo’s name as he stepped out of a white Toyota Alphard at 9.20am (10.20am Singapore time).
Clad in a blue shirt and wearing a navy blue cap, he made his way to the campaign rally stage, while supporters rushed to touch his hands, or snap pictures on their mobile phones.
The fervent reaction from the crowd, many also clad in blue, the colour that to Mr Prabowo symbolises peace, was testament to the presidential candidate’s popularity in his stronghold of West Java.
Indonesia’s largest province, which has some 35.7 million voters, representing 17 per cent of the overall vote, was one of the few that he won over incumbent President Joko Widodo in the 2019 polls. It is also where he hopes to beat his rivals, Mr Anies Baswedan and Mr Ganjar Pranowo, in the upcoming Feb 14 elections, which are also for legislators and councillors at the national and regional level.
Latest opinion polls showed Mr Prabowo, 72, and running mate Gibran Rakabuming Raka, the 36-year-old Solo Mayor and elder son of Mr Widodo, pulling far in front of their rivals in West Java. His campaign team expects him to secure more than 50 per cent of the votes there.
Subang farmer Cahyono, 35, rode on a pickup truck with 20 others from his neighbourhood to arrive at the park at 7am. A long-time Prabowo supporter, he told The Straits Times: “I am 99 per cent sure he will absolutely win in just one round.”
If Mr Prabowo can garner more than 50 per cent of the votes in the first round, he will win without needing a run-off vote.
“I believe if he is elected, he can help farmers like me to get subsidised fertiliser,” said Mr Cahyono. The father of three also hoped Mr Prabowo would repair the roads in the region, so farmers can transport and sell their agricultural produce directly to nearby cities, instead of relying on middlemen.
Housewife Dede Widaningsih, 48, who left early in the morning with her friends to get to the venue, viewed Mr Prabowo as a leader with “fighting spirit”, who would work to lift many poor Indonesians out of poverty.
The mother of two hoped he would create jobs for young people like her 22-year-old son, who has been jobless since graduating from a vocational high school a few years ago. She said: “It is very tough for my son to find a proper job. My wish is simple: he can land a job that matches his skills in automotive.”
Jobs took centre stage during the Jan 27 rally, as the former army general vowed to create “as many jobs as possible” with “proper pay”.
“Our farmers will be prosperous. Our fishermen will be prosperous. Our labourers working in factories will live well. This is my commitment to Indonesian people,” he promised, to rapturous applause.
Among Mr Widodo’s programmes, which Mr Prabowo seeks to continue, despite being from a different political party, is to build 13 new industrial areas along the northern coast of Java, where Subang regency is located.
He has also vowed to start a programme of providing free lunches and milk to Indonesian children, as well as to tackle key problems in the country, particularly corruption.
Housewife Musringah, 29, who joined the rally with her six-year-old daughter was excited about the lunch and milk programme. “I believe milk is good for children. But, my daughter only drinks milk once a day due to our limited budget,” she said. “I am sure that Mr Prabowo can execute this programme if elected.”
After Subang, Mr Prabowo proceeded to Serang, Banten province, for another rally.
Meanwhile, his rival, Mr Anies, met supporters in Aceh and Riau, while Mr Ganjar visited Central Java and West Java before returning to Jakarta for an Islamic mass prayer event.
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https://www.straitstimes.com/asia/se-asia/indonesia-presidential-candidate-prabowo-greeted-with-excitement-in-stronghold-west-java
| 2024-01-27T17:38:04Z
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French Alpine skier Nils Allegre celebrated a surprise first World Cup win, and first podium appearance in eight years of trying, after a weather-affected super-G in Garmisch-Partenkirchen on Saturday.
The 30-year-old's previous highest placings were two fourths, one of them in a super-G on the German resort's Kandahar piste in 2021.
"What happened? I don't know," said the stunned skier, who started with bib number 18 in his 102nd World Cup race, as the victory sank in.
"I had a very good feeling on the salty snow," he added of a soft piste injected with water and salt. "I know my skis are one of the best in these conditions."
Continuing the surprises, Italian Guglielmo Bosca -- also 30 - finished second and 0.18 slower for his first World Cup podium in an injury-hit career that started in 2016.
Switzerland's Loic Meillard was third and overall World Cup leader and compatriot Marco Odermatt fourth, ending his run of 12 successive super-G podiums but stretching his lead in the discipline's standings.
On the women's side, Norwegian veteran and 2018 Olympic silver medallist Ragnhild Mowinckel started 20th and took her first downhill World Cup win in the Italian resort of Cortina d'Ampezzo.
U.S. skier Jacqueline Wiles was second and 0.35 slower, the 31-year-old's first podium finish since she was third in January 2018 on the same slope, with home favourite and downhill World Cup leader Sofia Goggia third.
"This is absolutely crazy. It has been a long tine coming with a lot of injuries over the last five or six years," said Wiles, whose compatriot and overall World Cup leader Mikaela Shiffrin was absent after falling in Friday's race.
U.S. skier Isabella Wright also crashed on Saturday, without serious injury but causing a delay in a race that was also affected by strong winds.
The piste is the same one that will host the women's downhill at Italy's Milan-Cortina 2026 Olympics. REUTERS
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https://www.straitstimes.com/sport/alpine-skiing-frenchman-allegre-claims-world-cup-win-after-eight-years-of-trying
| 2024-01-27T17:38:14Z
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AUGSBURG, Germany - Injury-hit Bayern Munich battled to a 3-2 victory at Augsburg in the Bavarian derby on Saturday to cut the gap with Bundesliga leaders Bayer Leverkusen to one point.
First half goals from 19-year-old Aleksandar Pavlovic and Alphonso Davies plus one from the league's top scorer Harry Kane just before the hour took second-placed Bayern to 47 points.
Leverkusen play later at home to Borussia Moenchengladbach.
The hosts got off to a stronger start and also put the ball in the net before a VAR review cancelled out the goal.
Bayern were missing nine players through injury or international duty, including Konrad Laimer, Joshua Kimmich and Dayot Upamecano, who were all injured in the midweek 1-0 home win over Union Berlin.
They still managed to take the lead with teenager Plavlovic turning in the box and drilling home his first league goal in the 23rd minute.
Only a minute later, however, Bayern winger Kingsley Coman had to be helped off the pitch after what looked like a knee injury, piling more pressure on an already depleted squad.
The Bavarians added a second goal deep in first half stoppage time when Davies rifled in a low shot.
Augsburg bounced back seven minutes after the restart as Ermedin Demirovic was left unmarked in the box and beat keeper Manuel Neuer with a glancing header to cut the deficit.
Kane then tapped in his 23rd league goal in the 58th following a lengthy VAR review to restore Bayern's two-goal lead before Augsburg earned an 87th minute penalty.
Neuer picked the right corner and palmed Sven Michel's spot kick wide but Demirovic beat him with another spot kick in stoppage time to inject some late drama into the game.
The defeat leaves Augsburg in 12th place on 21 points. REUTERS
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https://www.straitstimes.com/sport/football/bayern-win-3-2-at-augsburg-to-move-within-a-point-of-leaders-leverkusen
| 2024-01-27T17:38:25Z
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Manchester City said on Saturday that midfielder Jill Roord suffered an ACL injury during her side's Wednesday match against Manchester United.
The Netherlands international, who joined City in July for a club-record transfer fee of 300,000 pounds ($381,000), had to leave the field nine minutes in as City beat United 2-1 in the FA Cup group stage game.
"Jill Roord has suffered a rupture to her anterior cruciate ligament," City said in a statement.
"Jill will remain under the care of City’s medical team and will begin her rehabilitation," they added.
Roord, who had started every league game for City this season till now, is the latest high-profile Women's Super League (WSL) player to suffer an ACL injury in this month after Chelsea's Sam Kerr.
Global soccer players union FIFPRO said an increased workload, travel and insufficient rest have contributed to an increase in injuries, including torn ACLs, among women's professional players.
In December, European soccer governing body UEFA introduced a women's health expert panel to develop a deeper understanding of ACL injuries and their occurrence in the women's game.
Second-placed City will visit sixth-placed Tottenham Hotspur on Sunday. REUTERS
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https://www.straitstimes.com/sport/football/citys-roord-becomes-latest-wsl-player-to-suffer-acl-injury
| 2024-01-27T17:38:35Z
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BERLIN - VfB Stuttgart's Deniz Undav scored a hat-trick as his side demolished visitors RB Leipzig 5-2 on Saturday and tightened their grip on third spot in the Bundesliga.
For Leipzig, who face Real Madrid in the Champions League Round of 16 next month, it was the third straight league loss and their fourth Bundesliga match without a win.
Stuttgart are now third on 37 points with fourth-placed Leipzig on 33, as many as Borussia Dortmund, who face VfL Bochum on Sunday.
The hosts, missing top scorer Serhou Guirassy on international duty, were superior in the first half and scored twice in five minutes to take control.
Enzo Millot opened their account in the 25th minute with a well-taken penalty before Undav doubled their lead on the half-hour mark.
But Leipzig, desperate to avoid a third straight league loss, cut the deficit with Benjamin Sesko's header in the 32nd.
Only three minutes after the restart Jamie Leweling, who had missed a golden chance on the stroke of halftime, made amends to restore Stuttgart's two-goal cushion.
In-form Lois Openda's superb effort and shot in the 55th put the visitors back in the game, but any hopes of a comeback were crushed seconds later when unmarked Undav headed in a cross to make it 4-2 in the 56th.
The forward completed his hat-trick in the 75th on the rebound after keeper Janis Blaswich had blocked his first shot. REUTERS
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https://www.straitstimes.com/sport/football/stuttgart-crush-leipzig-5-2-with-undav-hat-trick-to-tighten-hold-on-third-place
| 2024-01-27T17:38:45Z
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MELBOURNE - Rohan Bopanna became the oldest male Grand Slam winner in the Open era when he won the Australian Open men's doubles title on Saturday alongside Matthew Ebden, and the 43-year-old Indian puts it all down to his recovery method.
Bopanna and Australia's Ebden saw off the Italian duo of Simone Bolelli and Andrea Vavassori 7-6(0) 7-5, and afterwards Bopanna explained how he keeps in shape.
"I think the recovery is a huge aspect of where I'm really focusing on to get ready, on to the matches," Bopanna told reporters.
"From the first day I landed here in Adelaide till yesterday, every single day I have been in the ice bath. I think that is the number one recovery for me, which really helps all the inflammation in the body."
Bopanna, who will now become the world number one in doubles, says he is currently playing the best tennis of his life, but his preparation is very different these days.
"The biggest reason for that is also how I'm managing my body, my time, in terms of there are days when I tell my coach or Matty that I don't want to practice," he said.
"I have stopped going to the gym. I really do specific kind of work for my body. I do a lot of yoga. In the morning I do some meditation to just start off the day.
"As I'm getting older, I feel I can't sleep past 7:30, 8:00. I'm up no matter what. Then I have some time by myself, and I enjoy that. Yeah, that has been the biggest key, which has really helped me be calmer and feel refreshed."
Last year was the beginning of his partnership with Ebden, and after reaching the Wimbledon semi-finals they then made the final of the U.S. Open, but for Bopanna, who won the 2017 French Open mixed doubles, his latest win in Australia tops everything.
"For me, without a doubt the best moment in my career," he said.
"With the year we had last year, to continue and start off like this and win a Grand Slam, you know, no better player to do it with."
The oldest ever Grand Slam winner, male or female, is Martina Navratilova, and Bopanna has a while to go to beat her record when she won the U.S. Open mixed doubles in 2003 aged 46 years and 261 days. But he shows no signs of stopping yet.
"As long as I'm enjoying and playing my best tennis, I don't see there is any reason to really stop at the moment," Bopanna said. REUTERS
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https://www.straitstimes.com/sport/tennis/bopanna-cool-as-ice-in-making-history-at-australian-open
| 2024-01-27T17:38:56Z
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KYIV - A Russian “reconnaissance and sabotage group” shot dead two people in a Ukrainian village on Jan 27 during a cross-border incursion, local officials said.
The attack happened in Ukraine’s Sumy region inside a 5km buffer zone along the border with Russia – an area that Kyiv had asked residents to evacuate.
“This morning, an enemy reconnaissance and sabotage group brutally and cynically shot a brother and sister,” the Sumy regional administration said, in a statement.
The incident happened in the village of Andriivka, 4km from the border with Russia’s western Kursk region, it added.
In a separate statement, Ukraine’s prosecutor-general said the victims were a 54-year-old man and a 68-year-old woman who were killed while driving in an SUV. It published a photo of what it said was the vehicle showing blown-out front and back windows.
Though infrequent, such attacks by guerilla-style fighters have been recorded throughout the nearly two-year war.
Russian authorities have also accused Ukrainian groups of armed raids into towns and villages on its side of the border, killing civilians.
Ukrainian authorities on Jan 27 renewed their appeal for residents to leave border areas.
“Russian terrorists continue to kill civilians. By evacuating from dangerous areas, you will save your life,” Sumy Governor Volodymyr Artyukh said.
At least three other civilians were killed in Russian attacks in the east and south of the country, local officials said on Jan 27.
In Beryslav, which sits on the Dnipro river in the southern Kherson region, explosives dropped from a drone killed one person, the governor said.
And two were killed by Russian artillery shelling in the eastern Donetsk region, Ukraine’s national police said.
Donetsk Governor Vadym Filashkin also said Jan 27 the bodies of five people killed in a Russian bomb attack on the village of New York two weeks ago had been pulled from the rubble.
There was no comment from Moscow, which has repeatedly denied targeting civilians, despite widespread evidence of attacks on residential areas and the United Nations saying at least 10,000 civilians – likely many more – have been killed since Russia invaded.
Moscow claims to have annexed both the Kherson and Donetsk regions, even though its forces do not have full control over either of them. AFP
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https://www.straitstimes.com/world/europe/russian-cross-border-raid-kills-two-in-ukraine-say-officials
| 2024-01-27T17:39:06Z
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DUBAI - Unidentified gunmen killed nine Pakistani workers in a restive southeastern border area of Iran on Jan 27, Pakistan’s ambassador and a rights group said, amid efforts by the two countries to mend ties after tit-for-tat attacks.
“Deeply shocked by horrifying killing of 9 Pakistanis in Saravan. Embassy will extend full support to bereaved families,” the Pakistani ambassador to Teheran, Mr Muhammad Mudassir Tipu, said on the X platform.
“We called upon Iran to extend full cooperation in the matter.”
The Baluch rights group Haalvash said on its website that the victims were Pakistani labourers who lived at an auto repair shop where they worked. Three others were wounded, it said.
Iran’s state media identified the dead only as foreign nationals and said no individuals or groups had claimed responsibility for the shootings in Saravan in Sistan-Baluchestan province.
“It is a horrifying and despicable incident and we condemn it unequivocally,” Pakistani Foreign Ministry spokesperson Mumtaz Zahra Baloch said.
“We are in touch with Iranian authorities and have underscored the need to immediately investigate the incident and hold to account those involved.”
The shooting occurred ahead of a planned visit on Jan 29 to Pakistan by Iranian Foreign Minister Hossein Amirabdollahian.
Iranian state media said the Pakistani and Iranian ambassadors were returning to their postings after being recalled when the neighbouring countries exchanged missile strikes last week, aimed at what each said were militant targets.
“The Iran-Pakistan border creates an opportunity for economic exchanges... and must be protected against any insecurity,” Iranian President Ebrahim Raisi told Mudassir Tipu, as he received the ambassador’s credentials on Jan 27, state media reported.
The impoverished Sistan-Baluchestan region has long been the scene of sporadic clashes between security forces and separatist militants and smugglers carrying opium from Afghanistan, the world’s top producer of the drug.
Iran has some of the lowest fuel prices in the world and this has also led to increasing fuel-smuggling to Pakistan and Afghanistan despite a crackdown by Iranian border guards. REUTERS
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https://www.straitstimes.com/world/gunmen-in-iran-kill-nine-pakistanis-days-after-tit-for-tat-strikes
| 2024-01-27T17:39:17Z
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Helen Skelton's dinner plans for her young family didn't appear to go to plan as the star revealed a small disaster when it came to preparing her chicken.
Taking to her Instagram Stories, the mum-of-three revealed that she had aimed to prepare a succulent chicken for her children and that she had been excited to cook using an air fryer for the first time. However, in a photo from her experiment, it appeared to have gone awry with the chicken skin all shrivelled and looking a little unappetising.
In her caption, Helen couldn't help but chuckle at her misfortune, as she teased: "Get an air fryer they said… It will change your life they said…"
We wouldn't blame Helen if the star opted for a takeaway meal after her kitchen issue, and the presenter has previously confessed to be a massive fan of one British staple.
While promoting her Food Fraud show, Helen said: "For me the best fish and chips in the country are in Whitby - top-notch from source to plate but ELSEWHERE some endangered species have been mislabelled and ended up under the batter.... food fraud ...... does it matter and what does it mean is what we are talking about on @itvtonight this week."
Helen's family is always her main focus, with the presenter leaving her BBC Radio role last year in order to spend more time with her young brood.
Confirming her departure, Helen said live on air: "I've loved every minute of the past year... thank you to all the team and thank you to all of you. It's hard to know what to say without getting emotional."
In an interview with the Express in 2021, Helen expressed: "Somebody said to me, one is like having a baby, two is like having a farm and three is like having a zoo, and I know what they mean!"
The presenter continued: "I wouldn't have it any other way. I am very lucky that my boys love their little sister." During the interview, Helen also expressed her love of the holidays as it gave her extra time with her children.
And Helen made sure to make sure the Christmas period was incredibly memorable for her children, even if it meant partaking in several unconventional activities.
Helen's three children had decided they didn't want to stay at home on Christmas Eve, and instead the mum-of-three took her brood to a play area filled with trampolines and adventure gyms that featured slides.
SEE: Helen Skelton's mini-me toddler Elsie is so adorable in festive family photos
WOW: Helen Skelton drops jaws in satin pyjama set for glam red carpet event
However, as she captioned the slightly chaotic scene, it was clear that the star's wish was for a much quieter Christmas. "Anytime you want to put the matching pjs and settle down to a film ... ok with me," she joked, adding a string of emojis at the end, including a face surrounded by hearts.
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https://www.hellomagazine.com/celebrities/512193/strictly-helen-skelton-reveals-disaster-family-home-chicken/
| 2024-01-27T18:29:52Z
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Emmerdale star Matthew Wolfenden has opened up about his split from wife Charley Webb after the actor was targeted by trolls.
Matthew and Charley, who had been married for five years, confirmed that they had split last year, and the actor has since been pictured with personal trainer Heather Scott-Martin. However, the actor has been targeted by some who claim that he was cheating on Charley with Heather.
Taking to his Instagram Stories to confront the rumours, Matthew said it wasn't his "decision" when it came to his marriage ending and shared that he and Charley still remained incredibly close friends.
"Just to set the record straight once and for all," Matthew started. "And hopefully this will be the end of it, and the end of me getting horrible messages on socials, and people saying nasty stuff to me on the street."
The father-of-three continued: "1. It was NOT my decision to end my marriage. 2. I met Heather (who I was pictured with in London) way after my marriage ended. Hope this clears stuff up for all the trolls out there.
"Oh, and… 3. (and most importantly) Charley and I are still good friends. Our kids are our life and always will be." The star signed off with a heart emoji.
Before reports of a breakup began to circulate, Matthew, whom Charley met on the set of the ITV soap back in 2006, appeared on an episode of Loose Women in which he spoke about how the couple's respective work schedules meant they were forced to create an unusual living arrangement.
"Charely's on tour [with the musical, Quiz]," the 43-year-old shared. "Bless my mum and dad, I owe them a holiday after this run because they've stepped in and moved into the house.
"And they're looking after the kids, so yeah thanks, mum and dad! It's tough. And I'm a real softie with the kids as well, I just love being at home with them, to be away from them I'm counting down the days to the weekend."
RELATED: Emmerdale's Charley Webb shares disappointing news with her fans
MORE: Charley Webb pleads for reassurance amid parenting 'hell'
The family resided in Yorkshire and married five years ago in a surprise ceremony. The couple had decided to tell their family and friends that they were throwing a party for Charley's 30th birthday, when in fact they were going to say 'I do'.
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https://www.hellomagazine.com/celebrities/512195/emmerdale-matthew-wolfenden-not-his-decision-charley-webb-split/
| 2024-01-27T18:29:58Z
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Nicole Scherzinger is a woman of many talents, and the star had fans swooning as she showcased her best catwalk moves wearing a backless fitted dress.
Taking to Instagram to share the video, the Sunset Boulevard star looked gorgeous in the navy bodycon dress that featured a crossover open-back design and delicate ruching across the lower back.
The clip showed off the former Pussycat Doll's toned physique as the star strutted her stuff, teaming the backless dress with a pair of black heels. Nicole, 45, styled her raven hair in a slicked-back bun, opting for a smokey eye and a bold red lipstick to round off the glamorous ensemble.
"Sometimes loving yourself means having to walk away… and make sure you do it, like only you can," the star captioned the post.
Last week, Nicole revealed that she was taking a break following the closing of her West End Show Sunset Boulevard, which she had been starring in since September 2023.
Sharing a carousel of photos from her getaway, the West End star wrote: "After five months without a break, got to get away for the weekend. Feel the sun again on my skin. Eat everything in sight. Breathe. Let go. And finally take it all in."
One photo showed Nicole smiling in front of a dreamy beach sunset, and the singer looked effortlessly stunning in a pair of high-waisted denim jeans and a knitted cardigan, while another shot saw her catching some much-needed rays in a strapless top and gold-rimmed sunglasses.
While Nicole may be enjoying some time off from the theatre, it was revealed earlier this month that Sunset Boulevard will be opening on Broadway in 2024.
The Masked Singer judge will be joined by her co-stars from the West End production to perform the show in New York later this year.
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https://www.hellomagazine.com/fashion/celebrity-style/512194/nicole-scherzinger-incredible-figure-daring-backless-dress/
| 2024-01-27T18:30:04Z
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The White House and SAG-AFTRA have both thrown their support behind Taylor Swift after sexually explicit deep fake photographs were shared online.
The images, made using AI, circulated on X on Wednesday January 24; it took the company over 17 hours to remove them.
"Ie are alarmed by the reports of the of the circulation of images that you just laid out, false images to be more exact, and so while social media companies make their own independent decisions about content management we believe they have an important role to play in enforcing their own rules to prevent the spread of misinformation and non-consensual intimate imagery of real people," press secretary Karine Jean-Pierre said in a conference on Friday January 26.
"Sadly though, too often, we know that lack of enforcement disproportionately impacts women and they also impact girls who are the overwhelming targets of online harassment and abuse."
She added that the issue is "one that the Biden-Harris Administration has been prioritizing since day one", and continued: “Of course Congress should take legislative action. That’s how you deal with some of these issues.”
New York Congressman Joe Morelle has already drafted legislation – the Preventing Deepfakes of Intimate Images Act – that he hopes to push through Congress.
SAG-AFTRA, the union that supports actors of which Taylor, 34, is a member, also shared a statement and called for technology companies to “stop exploitation of this nature”.
“The sexually explicit, A.I.-generated images depicting Taylor Swift are upsetting, harmful, and deeply concerning,” the union said in a statement. “The development and dissemination of fake images — especially those of a lewd nature — without someone’s consent must be made illegal. As a society, we have it in our power to control these technologies, but we must act now before it is too late."
“We support Taylor and women everywhere who are the victims of this kind of theft of their privacy and right to autonomy,” the statement concluded.
Taylor has not commented publicly but reports have suggested that she is considering taking legal action. The term deep fake is used when a video or image of a person has been digitally altered so that they appear to be someone else, or be doing something else, than the original videos of images showed.
The images came during a week of other troubling news for the 'Bejeweled' singer, as a man was arrested three times in five days for lurking outside her New York City home. David Crowe, 33, from Seattle, now faces charges including stalking, harassment and criminal contempt; a temporary order of protection was also granted.
According to the police report, he had been spotted outside her home approximately 30 times since November 25, 2023.
But there is some good news for Taylotr to look forward to, as her boyfriend Travis Kelce will play in the AFC Championship this Sunday in Baltimore, Maryland, where he hopes to win a spot in the Super Bowl with his team, the Kansas City Chiefs, while Taylor herself is bin rehearsals for her Eras Tour, which will kick off the first dates on 2024 in Tokyo, Japan on February 8 before moving on to Australia and Europe.
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https://www.hellomagazine.com/celebrities/512196/white-house-sag-aftra-respond-taylor-swift-legal-action-ai-images/
| 2024-01-27T18:43:00Z
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At the Ukraine Defense Contact Group meeting in the Ramstein format on 23 January, the Netherlands joined the IT coalition, Ukraine’s Defense Ministry reported on 27 January.
According to the statement, the Netherlands has already contributed 10 million euros (over $10 million).
The IT Coalition is a special group of states within the framework of the Ukraine Defense Contact Group in Ramstein format. The coalition, led by Estonia and Luxembourg, aims to support Ukraine’s Ministry of Defense and the Armed Forces in IT, communications, and cybersecurity.
Since the Russian full-scale invasion of Ukraine, Russia has increased its cyberattacks on Ukraine’s critical infrastructure. On 25 January, cyberattacks targeted Ukrainian e-services, including national gas supplier Naftogaz, postal service Ukrposhta, and the Shliakh border crossing system.
In December 2023, Russia targeted Ukraine’s biggest telecommunications operator, Kyivstar, and one of the country’s leading banks, Monobank. It took several weeks for the Kyivstar to fix its usual operations.
In addition to the Netherlands, 11 other countries are members of the IT coalition: Ukraine, Belgium, Great Britain, Denmark, Estonia, Iceland, Italy, Latvia, Lithuania, Luxembourg, and Japan.
Separately from the Netherlands, during the work of the Contact Group, Denmark allocated 91 million Danish crowns ($13.2 million) for Ukraine’s cyber defense within the IT coalition.
The funds will go to cybersecurity projects for Ukraine’s Armed Forces and Defense Ministry and are essential to the long-term support of cyber defense in Ukraine.
According to Kateryna Chernohorenko, the Deputy Minister of Defense for Digital Development, Transformation, and Digitalization, technology can help turn positional warfare into maneuver warfare. The IT coalition is designed to provide the digital foundation for deploying new technological solutions.
“I am grateful to the partners who continue to support us in every area, especially in IT, cybersecurity, and innovation,” she said.
Estonia and Luxembourg made contributions worth 500,000 euros ($72,000) and 10 million euros (over $10 million) to the IT coalition, respectively. Lithuania and Latvia also provided material assistance through licenses and equipment.
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https://euromaidanpress.com/2024/01/27/defense-ministry-netherlands-joins-it-coalition-to-support-ukraine-contributes-over-10-mn/
| 2024-01-27T18:50:04Z
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President Volodymyr Zelenskyy announced the founding of a new communication mechanism with entrepreneurs – the All-Ukrainian Economic Platform, according to a statement published on the presidential website.
The initiative is part of state measures seeking to ease tensions with Ukraine’s business sector, which came to a boiling point after the arrest of a prominent investor amid accusations of police overreach.
“Today we are launching the creation of a new mechanism for communicating with entrepreneurs. And not only with the most noticeable ones. We are founding the All-Ukrainian Economic Platform, on which small, medium, and large businesses will be represented. And different regions of our state. And investors, and relocated companies,” Zelenskyy said in an evening address on 26 January.
He stated that the government together with the Office of the President, regional state administrations, and experts should organize the platform’s work.
“The main objective is for this to be a tool for effective communication. So that the dialogue is always supported by operational solutions – what state institutions are doing or changing, and what will create a new, normal history of relations, including between law enforcement and entrepreneurs,” Zelenskyy added.
According to the presidential website, Zelenskyy also signed decrees to establish an Entrepreneurship Support Council under martial law conditions. The council will consist of 7 entrepreneurs, including Netpeak co-founder Artem Borodatyuk and Monobank co-founder Oleh Horokhovskyi.
The announcement comes after government officials and lawmakers met with business leaders on 22 January regarding pressure from law enforcement on entrepreneurs amid the arrest of Ihor Mazepa and raids on Concorde Capital.
Ukraine business-police relations hit crisis point after Mazepa arrest
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https://euromaidanpress.com/2024/01/27/entrepreneurs-gain-direct-line-to-zelenskyy-through-economic-council/
| 2024-01-27T18:50:44Z
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According to The Washington Post, citing European intelligence data, the Kremlin has held several meetings in the past two years to discuss ways to undermine the dollar as the world’s reserve currency.
The ultimate goal, according to one internal Russian Security Council document intercepted by one European intelligence agency, is to destroy the post-World War II global financial system and the power it gives Washington.
“One of the most important tasks is to create a new world order,” a Kremlin Security Council document dated 3 April 2023 states. “Western countries led by the United States are trying to impose their own structure based on their dominance.”
Another document advocates greater cooperation between China and Russia in artificial intelligence, cyber systems, and the “internet of things.”
Written by Security Council Secretary Nikolai Patrushev, it proposes Beijing and Moscow creating a new financial system and Eurasian digital currency based on alternative payment systems like blockchain to bypass Western dominance of global financial transactions.
Kremlin spokesman Dmitry Peskov denied to The Washington Post that Russia “seeks to undermine US dominance of the global financial system,” but conceded its goal is to create alternatives.
According to Peskov, the actions of the “collective West” are undermining trust without any assistance from Moscow. The Kremlin “is monitoring the situation closely and building a new system of economic neurons because the previous system turned out to be unreliable, false, and dangerous,” he said.
In Moscow’s view, US support for Israel’s invasion of Gaza undermined Washington’s authority in many countries. The confluence of events has led to a surge of optimism about Russia’s global positions, writes WP.
Moscow officials point to growing trade with China, military cooperation with Iran, diplomatic outreach in the Arab world, and BRICS expansion.
Russian billionaires like Oleg Deripaska, who initially publicly opposed the war in Ukraine, now describe Russia’s break with the West as a catalyst for reshaping global economic patterns.
“Alternative payment systems and debt markets will be created: in China based on the yuan, and in India and the Middle East on the basis of cryptocurrencies,” Deripaska wrote on Telegram on 20 January. “In a few years, sanctions will no longer brake global trade and investment.”
Related:
- WP: new US plan aims to strengthen Ukraine military by 2024, not retake land
- Russia’s soft power empire pivots to Global South
- How Ukraine tries to woo the Global South
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https://euromaidanpress.com/2024/01/27/european-intel-kremlin-aims-to-weaken-dollar-undermine-global-financial-system/
| 2024-01-27T18:51:24Z
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Nepal has requested that Russia return hundreds of Nepali nationals recruited to fight in Ukraine and provide monetary compensation to the families of those killed, Nepal’s Foreign Minister, Prakash Saud, said in an interview with AP.
According to Nepal’s minister, the Russian military has recruited over 200 Nepali nationals to fight against Ukraine. At least 14 Nepalis have died in Russia’s war against Ukraine. Besides, five Nepalis who fought on behalf of the Russians are being held captive by the Ukrainian side.
“We have asked Russia to immediately stop the recruitment of Nepali nationals into Russia’s army, immediately return those who are already serving in the army, repatriate the bodies of those killed, and treat and return those who were wounded in the fighting,” Nepal’s Foreign Minister Prakash Saud said.
Russian law permits foreign nationals to enlist in its military after signing a one-year contract with Russian forces. Along with Nepalis, AP reported some Cubans have also been recruited.
Saud met with Russian officials at a conference in Uganda in January. “We have conveyed to them that our citizens are not allowed to be recruited into the army and to send them back immediately,” he said.
Ukraine is also said to have hired Nepalis as soldiers. Saud did not provide more details on this. Nepal recently banned citizens from traveling to Russia or Ukraine for jobs, as many were recruited into the Russian army.
Earlier, the British Intel reported that Russia recruits citizens of the neighboring countries, in particular from Armenia and Kazakhstan.
Read also:
- Reuters: Nepal detains 10 suspects for allegedly recruiting youths into Russian army
- Ukraine MoD: Russia recruits Cuban mercenaries for fighting against Ukraine
- WP: new US plan aims to strengthen Ukraine military by 2024, not retake land
- ISW: Russia expands its military presence and influence in Africa
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https://euromaidanpress.com/2024/01/27/nepal-demands-russia-return-nepalis-recruited-to-russian-ranks/
| 2024-01-27T18:52:04Z
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The Ukrainian Main Intelligence Directorate (GUR) announced on Saturday a successful cyberattack against IPL Consulting, a Russian company specializing in implementing information systems for Russian industry. It comes days after a powerful attack on the far-east branch of Planeta, a Russian hydrometeorology center providing weather data to Russia’s defense sector.
The attacks continue Ukraine’s efforts to cripple the Russian defense industry, which include drone attacks on Russian defense factories, as Russia dedicates record funds to fund its war against Ukraine in 2024. They continue Ukraine’s strategy of “death by a thousand cuts,” as volunteer hackers cooperate with the state to bleed Russia financially over hacker disruptions.
According to the GUR statement, IPL Consulting billed itself as one of Russia’s most high-tech companies, assisting institutions involved in automotive, aviation, heavy machinery, equipment, and instrument manufacturing, including for the Russian defense-industrial complex.
The GUR said its experts “infiltrated IPL Consulting’s internal network and destroyed the company’s entire 60+ terabyte IT infrastructure, dozens of servers and databases.” The value of Russia’s lost digital assets is still being calculated, the GUR said, adding that “in the context of ongoing sanctions pressure against Russia, the damage inflicted is extremely painful.”
The attack will also impact dozens of Russian defense companies relying on IPL Consulting, the statement said.
Ukrainian hacker attack on Russian Space Hydrometeorology Center
This attack on IPL consulting comes days after a reported Ukrainian hacker attack on Russia’s Planeta Center for Space Hydrometeorology, which provided weather data to Russia’s Defense Ministry.
On 24 January, the Ukrainian Main Intelligence Directorate (GUR) reported that hackers affiliated with the Ukrainian hacktivist group “BO Team” infiltrated and destroyed the database of Planeta’s Far East branch, the largest of the company’s three regional hubs.
The GUR states that Planeta’s Far East branch is the leading organization in Russia’s Far East for operating and developing Earth observation systems from space. It is the largest of Planeta’s three regional subsidiaries and specializes in receiving and processing data from Russian and foreign satellites.
Planeta provides satellite imagery and hydrometeorological, natural resource, and oceanographic data to over 50 regular customers, especially Russia’s Defense Ministry, Emergencies Ministry, Northern Fleet, and scientific research groups.
According to the GUR, the cyberattack destroyed 280 servers on Planeta’s network and wiped about 2 petabytes (200 million gigabytes) of data. This included unique long-term research, meteorological, and satellite data regularly used by over 50 Russian government entities. The estimated value of Russia’s lost digital assets is at least $10 million.
Additionally, the GUR states that the supercomputers equipped at the Far East branch have been paralyzed and are not fully restorable due to sanctions limiting Russia’s ability to acquire the needed software. The attack also disrupted the facility’s climate control, emergency power, and other support systems.
Ukraine’s hacker army and the cyberwar with Russia
Over two years of Russia’s invasion, Ukraine has built a volunteer hacker army from scratch, using targeted DDoS attacks and causing significant damage to Russia’s infrastructure.
- On 19 January 2024, Ukrainian hackers were reported to have stolen technical documents on 500 Russian defense facilities.
- On 9 January 2024, Ukrainian hackers allegedly tied to security services attacked a Moscow internet provider, erasing 20TB of data and websites, disrupting internet access.
- On 21 December, 2023, Ukrainian hackers targeted Russia’s major water supply company, causing a technical failure and impacting mobile services, as they encrypted over 6,000 computers during the attack.
Ukraine itself constantly experiences Russian hacker attacks.
- On 25 January, Ukraine experienced a massive cyber attack affecting top mobile and bank companies. This hacker attack on the biggest enterprise management system resulted in million-dollar losses.
- On 12 December, 2023, Ukraine’s top mobile and bank companies suffered a hacker attack.
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https://euromaidanpress.com/2024/01/27/ukrainian-cyberattacks-cripple-russian-defense-contractor-weather-center/
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Second-placed Nice earned a hard-fought 1-0 home win over Metz in Ligue 1 on Saturday thanks to a second-half penalty from Evann Guessand.
The hosts were awarded a spot-kick after Metz defender Fali Cande fouled Guessand in the 77th minute and the Nice striker kept his cool to find the bottom corner of the net.
Nice moved five points behind leaders Paris St Germain, who play third-placed Brest on Sunday.
Metz had an early scare when their goalkeeper Alexandre Oukidja fouled Guessand, causing the referee to award a penalty, but the decision was overturned by VAR due to an earlier offside.
Despite relentless pressure, a diving header from Khephren Thuram was the closest Nice came to scoring in the first half, but Oukidja pushed the attempt away. REUTERS
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| 2024-01-27T19:10:16Z
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Real Madrid's Aurelien Tchouameni came off the bench and scored a late header to snatch a 2-1 come from behind win at Las Palmas to take his side top of LaLiga on Saturday.
After a lacklustre first-half, Real were shocked by the hosts in the 53rd minute when Javi Munoz tapped in from close-range after Sandro burst up the right and sent over a low cross.
However Real hit back in the 65th with a point-blank strike by Vinicius Jr and in the 84th substitute Tchouameni grabbed the winner with a towering header from a Toni Kroos corner.
Real lead the standings on 54 points after 21 games, two ahead of second-placed Girona who will play their 22nd league game of the season at Celta Vigo on Sunday. REUTERS
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https://www.straitstimes.com/sport/football/late-tchouameni-header-gives-real-madrid-2-1-las-palmas-win-and-top-spot
| 2024-01-27T19:10:26Z
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LIVERPOOL, England - Cauley Woodrow scored a last-gasp goal as Luton Town knocked out Everton and sixth tier Maidstone United upset Championship Ipswich Town in the FA Cup fourth round on Saturday.
Woodrow netted in the 96th minute when he smashed a close-range shot from a corner past keeper Joao Virginia to seal Luton's 2-1 victory in the all-Premier League tie in front of a stunned Goodison Park crowd.
Vitaliy Mykolenko's 39th-minute own goal had put Luton ahead before Jack Harrison cheered the Everton faithful with an equaliser in the 55th minute, hammering in a low shot that Luton keeper Tim Krul allowed to let slip through his hands.
Joao Pedro netted a hat-trick including two goals from the penalty spot to lead Brighton & Hove Albion to a 5-2 win at Sheffield United in another all-Premier League clash.
Leicester City knocked out Championship rivals Birmingham City 3-0 thanks to goals by Jamie Vardy, Yunus Akgun and Dennis Praet. Leeds United drew 1-1 with Plymouth Argyle.
Maidstone stunned Ipswich, who are second in the Championship table, with a 2-1 victory at Portman Road, knocking out a side 98 places above them in the English football pyramid. Maidstone are the lowest ranked team left in the competition. REUTERS
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https://www.straitstimes.com/sport/football/luton-knock-out-everton-sixth-tier-maidstone-stun-ipswich
| 2024-01-27T19:10:37Z
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JERUSALEM - Israel vowed on Jan 27 to stop the UN agency at the heart of humanitarian efforts in Gaza from operating after the war, following the sacking of staff accused of involvement in the Oct 7 attack.
The UN agency for Palestinian refugees, UNRWA, said on Jan 26 it had fired several employees over Israel’s accusations, promising a thorough investigation into the claims, which were not specified.
Donors including Canada, Britain, Italy, Australia and Finland have followed the lead of the United States, which said on Jan 26 it had suspended additional funding to the agency over the accusations.
“In Gaza’s rebuilding, UNRWA must be replaced with agencies dedicated to genuine peace and development,” Israeli Foreign Minister Israel Katz said in a statement, urging more donors to suspend funding.
Hamas on Jan 27 slammed Israeli “threats” against UNRWA, urging the United Nations and other international organisations not to “cave in to the threats and blackmail”.
Relations between Israel and UNRWA, which have been strained for years, deteriorated further in recent days, with the UN agency condemning tank shelling it said had hit a shelter for displaced people in Gaza’s main southern city of Khan Younis.
The agency said tens of thousands of displaced people had been registered at the shelter and the Jan 24 tank shelling killed 13 people.
Asked about the incident, the Israeli army said “a thorough review of the operations of the forces in the vicinity is under way”, adding it was examining the possibility that the strike was a “result of Hamas fire”.
UNRWA head Philippe Lazzarini slammed the Jan 24 bombardment as a “blatant disregard of basic rules of war”, with the compound clearly marked as a UN facility and its coordinates shared with Israeli authorities.
The Israeli army is the only force known to have tanks operating in the Gaza Strip.
‘Vital role’
The war in Gaza was sparked by Hamas’ unprecedented Oct 7 attacks that resulted in about 1,140 deaths in Israel, mostly civilians, according to an AFP tally of official Israeli figures.
Militants also seized about 250 hostages and Israel says around 132 of them remain in Gaza, including the bodies of at least 28 dead captives.
Israel has vowed to crush Hamas and Gaza’s health ministry says the Israeli military offensive has killed at least 26,257 people, about 70 per cent of them women and children.
Before fighting broke out, UNRWA struggled to meet funding requirements.
The agency’s chronic budget shortfalls worsened dramatically in 2018 when former US president Donald Trump cut support to the agency.
But US President Joe Biden’s administration has fully restored support, providing US$340 million (S$450 million) in 2022, making it the agency’s largest bilateral donor.
The US State Department said on Jan 26 it had “temporarily paused additional funding” to the agency while it reviewed the claims as well as the UN’s plan to address concerns.
Top EU diplomat Josep Borrell praised the agency on Jan 26 for “playing a vital role over many years supporting vulnerable Palestinian refugees”.
But he said the bloc expected “full transparency on the allegations” as well as “immediate measures against staff involved”.
The Palestinian Authority, based in the occupied West Bank, urged donors to reverse their suspension, calling on Jan 27 for “maximum support for this international organisation and not stopping support and assistance to it”.
UNRWA had not reacted on Jan 27 to the announcement of the suspension of funds.
Mr Johann Soufi, a lawyer and former director of UNRWA’s legal office in Gaza, told AFP the agency had “always had a zero-tolerance policy for violence and incitement to hatred”.
“Sanctioning UNRWA, which is barely keeping the entire population of Gaza alive, for the alleged responsibility of a few employees, is tantamount to collectively punishing the Gazan population, which is living in catastrophic humanitarian conditions,” he said.
The accusations against UNRWA staff came hours after the UN’s top court ordered Israel to do everything it can to prevent any acts of genocide in Gaza.
The International Court of Justice on Jan 26 handed down its first judgement in a landmark case brought by South Africa.
Mr Soufi said the timing of the allegations against UNRWA “raises questions”. AFP
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https://www.straitstimes.com/world/middle-east/israel-vows-to-stop-un-agencys-activities-in-gaza-after-war
| 2024-01-27T19:10:48Z
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WASHINGTON - Authorities responded to a fake emergency at the South Carolina home of Republican presidential candidate Nikki Haley in December, after a man claimed to have shot a woman and threatened to harm himself at her home, according to town records obtained by Reuters.
The previously unreported “swatting” incident is among a wave of violent threats, bomb scares and other acts of intimidation against government officials, members of the judiciary and election administrators since the 2020 election that have alarmed law enforcement ahead of this year’s US presidential contest.
Swatting cases have surged over the past two months, targeting both allies and rivals of former president Donald Trump as he campaigns to return to the White House.
The targets include figures who have publicly opposed Trump, such as Maine Secretary of State Shenna Bellows, a Democrat who barred him from her state’s primary ballot. Judges and at least one prosecutor handling cases against Trump have been targeted. But Trump backers such as US Representative Marjorie Taylor Greene have also faced swatting attempts.
The hoax against Mrs Haley, who is challenging frontrunner Trump for the Republican presidential nomination, occurred on Dec 30 in the town of Kiawah Island, an affluent, gated community of around 2,000 people.
Mrs Haley’s campaign declined to comment.
An unknown person called 911 and “claimed to have shot his girlfriend and threatened to harm himself while at the residence of Nikki Haley,” Mr Craig Harris, Kiawah Island director of public safety, told town officials on Dec 30, according to an email Reuters obtained in a records request for threats to Mrs Haley’s home.
“It was determined to be a hoax... Nikki Haley is not on the island and her son is with her.”
Swatting is the filing of false reports to the police to set off a potentially dangerous response by officers. Law enforcement experts see it as a form of intimidation or harassment that is increasingly being used to target political figures and officials involved in the civil and criminal cases against Trump.
In the email, Mr Harris said he was in contact with South Carolina’s state police, the Federal Bureau of Investigation and the head of Mrs Haley’s security team. “This incident is being investigated by all involved,” he wrote.
The email did not mention a suspect or potential motive. In a separate email obtained by Reuters, an FBI official in South Carolina told Mr Harris and other law enforcement officials that federal agents were tracking the hoax call and intended to open a “threat assessment” into the matter.
Mr Harris, the FBI and the state police had no immediate comment on the incident. Law enforcement agencies have not publicly identified a suspect in the Haley case or in other high-profile swatting cases.
Mrs Haley and her husband bought the US$2.4 million Kiawah Island residence in October 2019, local property records indicate.
Trump, famed for his incendiary rhetoric, has expressed fury at Mrs Haley in recent weeks. She has lost the first two Republican nominating contests, in Iowa and New Hampshire, but has refused to drop out of the race.
Mrs Haley has ramped up her criticism of Trump, suggesting he is too old to be president again and calling him “totally unhinged.”
Reuters has documented at least 27 swatting incidents of politicians, prosecutors, election officials and judges since November 2023, ranging from Georgia Republican state officials to hoaxes this month against Democrat Joe Biden’s residence at the White House.
Some of the calls bear striking similarities. In two cases in which Reuters reviewed 911 recordings of hoax calls, a person identifying himself as “Jamal” called police to say he had killed his wife.
One such incident targeted the Florida home of Republican US Senator Rick Scott on Dec 27, weeks after he endorsed Trump, according to records from the Naples Police Department.
“I caught my wife sleeping with another dude so I took my AR-15, and I shot her in the head three times,” the caller said, referring to a popular semi-automatic rifle. Officers checked Mr Scott’s home and concluded the call was a hoax. Mr Scott wasn’t home at the time of the call.
“Jamal’s voice sounded as if it was computer generated/artificial,” wrote a Naples Police Department official in the incident report.
A caller identifying himself as “Jamal” also targeted Georgia Republican state senator John Albers on Dec 26, according to an incident report from the Roswell Police Department. In that case, the caller said he had shot his wife and demanded US$10,000 (S$13,000) or he would shoot himself, too.
In both cases, the callers were male and spoke with a similar accent, according to a Reuters analysis of the audio recordings.
A Jan 7 call targeting Missouri Secretary of State Jay Ashcroft, a strong Trump supporter, also had some similarities. The caller told police he was phoning from the official’s address in the state capital, said he had shot his wife and added “he was going to kill himself and hung up on the operator,” according to an incident report by the Jefferson City Police Department.
Mr Ashcroft and his wife and children were home at the time, according to a statement from the Missouri Secretary of State.
Mr Scott, Mr Albers and Mr Ashcroft did not respond to requests for comment.
Mr Gabriel Sterling, a top official in the Georgia secretary of state’s office, said when someone called 911 on Jan 11 to falsely report a shooting at his Atlanta suburban home, 14 police cars, a fire truck and an ambulance raced to his house.
“Now I bolt my doors every night,” said Mr Sterling, a Republican who faced a torrent of threats for denouncing Trump’s false voter-fraud claims after the 2020 election. “That’s the reality I’m living in now,” he said in an interview.
Judges in Trump case are targeted
Similar scare tactics have been directed in recent weeks at judges and prosecutors involved in cases against Trump.
In the early morning hours of Jan 11, police in Nassau County, New York, received a report of a bomb at the home of Manhattan Supreme Court Justice Arthur Engoron, who is presiding over the civil fraud trial of Trump and his family real estate business.
Police officers, including a bomb squad, were dispatched to the judge’s home in the upscale suburb of Great Neck, Long Island, at 5.30am, according to the Nassau County Police Department.
But no explosive device was found and the call was determined to be a false report. A spokesman for the New York court system declined to comment on the incident.
Just days earlier, police in Washington, DC, responded to a false report of a shooting at the home of US District Court Judge Tanya Chutkan, who is hearing the criminal case charging Trump with attempting to overturn his 2020 election defeat.
Late in the evening on Jan 7, police were dispatched to the home, where an unidentified woman advised them that she was uninjured and no one else was in the home, according to an incident report reviewed by Reuters. Police cleared the home and found no explosive device.
The US Marshals Service, which manages security for federal judges and prosecutors, has said it is “committed” to “protecting federal judges, jurors and other members of the federal judiciary.” It did not respond to a request for comment on specific incidents.
Other security scares have involved hoax bomb attacks.
Over two days in early January, bomb threats were sent to state capitals and courthouses in multiple states, according to news reports and state officials, including Minnesota, Arkansas, Maine, Hawaii, Montana and New Hampshire. In Minnesota, state courts received bomb threats by email, but the threats were deemed false and did not block court proceedings, court officials told Reuters. The FBI said it was investigating the threats.
In a statement issued previously on the surge in swatting incidents, the FBI said people making the false calls were using tactics such as caller-ID spoofing technology “to make it appear that the emergency call is coming from the victim’s phone.”
The calls “are dangerous to first responders and to the victims,” often involving fake reports that hostages have been taken or bombs are about to go off, the FBI said. “The community is placed in danger as responders rush to the scene, taking them away from real emergencies, and the officers are placed in danger as unsuspecting residents may try to defend themselves.”
The recent swatting incidents follow a surge of violent threats against US election workers after the 2020 election, inspired by Trump’s false stolen-election claims. Reuters documented more than 1,000 intimidating messages between the 2020 election through 2021 in a series of stories that chronicled the campaign of fear against election administrators in more than a dozen battleground states.
A report published on Jan 25 by New York University’s Brennan Centre for Justice said the intimidation continued well into 2023. In its survey of state legislators completed in October 2023, 43 per cent reported being threatened over the past three years.
The swatting wave coincides with the most sustained spate of political violence in the United States since the 1970s, according to a Reuters investigation in 2023. That report documented at least 232 politically motivated acts of violence since Trump supporters stormed the US Capitol on Jan 6, 2021.
The events ranged from riots to brawls at political demonstrations to beatings and murders. REUTERS
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https://www.straitstimes.com/world/united-states/republican-presidential-candidate-nikki-haley-targeted-in-swatting-incident
| 2024-01-27T19:10:58Z
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Vicky McClure has only shared a handful of wedding photos since she secretly married Jonny Owen in Nottingham in August 2023, and very few of them show off her proud father.
The Line of Duty star rectified that on her dad's birthday, as she posted a heartfelt tribute to what she described as the "funniest man." Proving her point, the snap showed Vicky chuckling as she stood alongside the father-of-the-bride, who wore a smart blue suit with a white shirt and a paisley-patterned tie.
He added a buttonhole of wild white and pink flowers that matched the Trigger Point star's bouquet. Vicky looked radiant in an off-the-shoulder gown featuring a cowl neckline and caped sleeves that fell to the floor, while her thigh-split skirt wasn't visible. Her brunette hair was styled into soft curls with face-framing strands left loose, courtesy of Louis Byrne, and topped with a billowing veil.
Despite trying many different wedding dresses in the lead-up to her big day, luxury bridal wear designer Kate Halfpenny said Kate chose the first dress the actress tried on.
"The Okotan corset is draped in the most wonderful Italian silk crepe and I just knew that the corset and matching draped skirt with the high leg split would look incredible on her. It’s such a beautiful style that really shows off and celebrates your body," Kate Halfpenny told HELLO!.
"Vicky added the Peter cape to the look which we made bespoke to attach around the drapes of the arms, so the outfit all stayed off the shoulder. It was perfect!
"The Peter cape is made from fine gauge spotty tulle and trimmed with the most exquisite embroidery. Then, all that was needed was a simple plain tulle veil and we decided on a length that was the same as the cape so they all lined up beautifully together."
Vicky later shared a video of her first dance with her father with music from Your Dementia Choir, which saw her remove her veil for a more relaxed evening look. Discussing details of Vicky's second bridal look for her reception, hairdresser Louis told us: "After the first dance the veil came out, the cape came off and the hair went up into a messy bun ready to dance the night away and we did!"
Vicky and Jonny got engaged on Christmas Day in 2017, telling Nottingham Post: "He popped the question over a cup of tea - we moved onto the bubbles by 8.30am."
While they had planned to tie the knot shortly afterwards, Vicky explained they didn't want to rush the planning process following the aftermath of the coronavirus pandemic.
Opening up to the Evening Standard, Vicky said: "It’s been chock-a-block [and] we don’t want to rush and feel like we are slotting it into a time period. We want time to plan – the amount of things you need to do is frightening."
DISCOVER: Controversial royal romances: King Charles' affair, Crown Princess Mette-Marit's 'wild' past & more
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https://www.hellomagazine.com/brides/511869/vicky-mcclure-stuns-in-flowing-veil-shoulder-baring-dress-fwedding-photo-father-of-the-bride/
| 2024-01-27T20:23:46Z
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Jay Leno has reportedly filed for conservatorship over his wife of 44 years, Mavis, and her estate.
Mavis, 77, reportedly is suffering from Alzheimer's Disease, which is said to be the foundation of Jay’s legal motion, and suggests she is no longer in a position to look after herself.
The pair have been married for five decades, tying the knot in 1980 after meeting in the 1970s at West Hollywood's famous Comedy Store. They never welcomed any children. Neither Jay nor Mavis have addressed the court filings. There will be a hearing in April.
Alzheimer's is the "most common cause of dementia," according to The Alzheimer's Association. "Dementia is a general term for memory loss and other cognitive abilities serious enough to interfere with daily life. Alzheimer's disease accounts for 60-80% of dementia cases."
“We have a great time. You have to marry a normal person,” Jay said during an appearance on The Kelly Clarkson Show in September 2023.
“Guys say [to me] all the time, ‘I met this girl, she’s crazy but the sex is unbelievable.’ I go to them, ‘You’re right, but when the sex is over, she’s still crazy. Now, you have 23 hours of crazy until [the] good-crazy hour comes back. I always [say], ‘Marry your conscience. Marry the person you wish you could be, who is kind and maybe whatever fault you have, doesn’t have those faults.’ That’s worked out for me, so to me, I married the perfect person. It worked out good.”
The news comes after a tough 15 months for former talk show host Jay, as in November 2022 he was involved in a terrifying car fire inside his Los Angeles home's garage while working on a vintage car.
He was left with severe second and third-degree burns and a nine-day stint at Grossman Burn Center at West Hills Hospital.
"I got some serious burns from a gasoline fire. I am ok. Just need a week or two to get back on my feet," he said at the time. During his time in the hospital, during which he said he took no pain medication because it served as "a reminder that I'm an idiot," he underwent two skin grafting surgeries – one with human cadaver skin and a second with pig intestine – to help regenerate healthier new skin, plus he had sessions in hyperbaric chambers to help oxygenate tissue.
He also received an outpour of support from his family and famous friends. Mavis was said to have slept beside him during his time at the burn center, and he shared: "John] Travolta sent me a big Italian basket, Tom Selleck sent flowers and Russell Crowe called from Australia. I've been in this business a long time and to feel that love was really touching."
Two months later, on January 17 2023, he found himself back in hospital after he broke his collarbone and two ribs, and cracked his kneecaps, following a motorcycle accident.
But in May 2023 he insisted he was not ready to retire; he has most recently hosted the NBC game show You Bet Your Life as well as Jay Leno's Garage. Insisting he won't step back from his career unless his health truly demands it, he declared: "That's when you retire, when you have your stroke."
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https://www.hellomagazine.com/healthandbeauty/health-and-fitness/512197/jay-leno-73-files-for-conservatorship-over-wife-of-44-years/
| 2024-01-27T20:23:52Z
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