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Ripple joins BIS cross-border payments task force

The Bank for International Settlements (BIS) has recently announced a cross-border payments interoperability and extension (PIE) task force which includes the blockchain-based digital payment network, Ripple. On Aug. 9, BIS announced the members of the PIE task force that will work to “enhance cross-border payments and meet the quantitative targets for

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Hong Kong launches task force to promote blockchain initiatives, developments

Hong Kong’s local government on Friday announced the formation of the Task Force on Promoting Web3 Development, citing the potential benefits to many industries of the low cost and transparency in blockchain technology that underpins the idea of a decentralized Internet. The group will be chaired by the city’s Financial

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BlackRock lauds AI as ‘mega force’ to drive returns

Global investment titan BlackRock, which manages some $10 trillion in assets, has declared artificial intelligence a “mega force” that could create significant returns for investors in today’s “unusual” market.In its mid-year outlook report, the BlackRock Investment Institute detailed their thesis for increased investment in AI — pointing to multiple “disruptive”

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Five US enforcement agencies form new digital currency anti-crime task force

A diverse group of United States enforcement agencies has made official its cooperation on crimes related to the darknet and digital currency with the announcement of the Darknet Marketplace and Digital Currency Crimes Task Force on June 20. The new organization will target “cryptocurrency-enabled crimes” such as drug trafficking, money

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AI drone kept killing its human operator during simulation: Air Force colonel

The United States Air Force (USAF) has been left scratching its head after its AI-powered military drone kept killing its human operator during simulations.Apparently, the AI drone eventually figured out that the human was the main impediment to its mission, according to a USAF colonel.During a presentation at a defense

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