Thursday, April 17, 2025
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Saudi Arabia and China collaborate on Arabic-based AI system

The King Abdullah University of Science and Technology (KAUST) in Saudi Arabia has collaborated with two Chinese universities to create an Arabic-focused artificial intelligence (AI) system. The large language model (LLM) called AceGPT is built on Meta’s LlaMA2 and was launched by a Chinese-American professor at KAUST in collaboration with the

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Russia building blockchain system for international settlements

Russian Prime Minister Mikhail Mishustin announced on Sep. 28 that the country is developing a blockchain-based system for international settlements using digital financial assets (DFA), which are tokenized versions of traditional financial instruments. Speaking at the Moscow Financial Forum, the Prime Minister said that the Russian government alongside the Bank of

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Immunefi launches on-chain bug bounties through ‘Vaults’ system

Blockchain security platform Immunefi has launched an on-chain system for bug bounties, according to a Sept. 26 announcement. The new system, called “Vaults,” allows Web3 developers to escrow funds in an on-chain address and use them to pay out bug bounties to white hat hackers.Immunefi believes the new system will

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CoinEX to resume service with new wallet system following $70M hack

Cryptocurrency exchange CoinEx is set to resume deposit and withdrawals for its users more than a week after it suffered a $70 million hack due to compromised hot wallet private keys.In previous correspondence with Cointelegraph, the exchange outlined its priority to build and deploy a new wallet system to facilitate activities

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Bitcoin Ordinals creator proposes to change inscription numbering system

Bitcoin Ordinals’s creator and chief coder, Casey Rodarmor, has recently proposed changing the protocol’s numbering system with the aim of simplifying the project’s codebase.Since the beginning of the Ordinals protocol, each nonfungible token (NFT) created using Ordinals was assigned a unique inscription number. They functioned similarly to serial numbers and

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PolkaWorld ceases operations, criticizes Polkadot’s OpenGov governance system

PolkaWorld has announced its decision to cease operations after Polkadot’s treasury rejected its funding proposal.  PolkaWorld, a community in the Polkadot ecosystem, raised concerns over treasury management under Polkadot’s new open governance platform, OpenGov, claiming that it negatively affects long-term ecosystem contributors. PolkaWorld cited numerous instances where the treasury denied organizations and

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