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Showing posts from May 17, 2023

India Being Urged to Restore UPI Access for Users of Crypto Exchanges: Report

India is reportedly reconsidering to let crypto investors use Unified Payments Interface (UPI) to purchase digital assets like cryptocurrencies and non-fungible tokens (NFTs). The financial authorities of India have received multiple proposals, urging them to allow the integration of UPI for crypto transactions. These proposals have been sent by crypto advocacy group Bharat Web3 Association (BWA). It is notable that this topic is being brought up now at a time when India is heading the formulation of global crypto rules under its ongoing G20 Presidency. As part of these proposals to the Indian government, the crypto-advocacy group has pointed out that India's crypto industry is reeling under high tax pressure as an aftermath of last year's crypto slump. The country's shadow ban on the sector severed the ties of traditional banks with crypto exchanges, causing inconvenience to the investor community. The development, citing anonymous sources familiar with the matter, was fi

'I Am Nervous About It': OpenAI Chief Concerned About Use of AI to Interfere With Elections

The CEO of OpenAI , the startup behind ChatGPT , told a Senate panel on Tuesday the use of artificial intelligence to interfere with election integrity is a "significant area of concern", adding that it needs regulation. "I am nervous about it," CEO Sam Altman said about elections and AI , adding rules and guidelines are needed. For months, companies large and small have raced to bring increasingly versatile AI to market, throwing endless data and billions of dollars at the challenge. Some critics fear the technology will exacerbate societal harms, among them prejudice and misinformation, while others warn AI could end humanity itself. "There's no way to put this genie in the bottle. Globally, this is exploding," said Senator Cory Booker, one of many lawmakers with questions about how best to regulate AI. Senator Mazie Hirono noted the danger of misinformation as the 2024 election nears. "In the election context, for example, I saw a picture

France Extends Invitation to Crypto Firms Looking to Exit US’ Loose Crypto Ecosystem

The US, which is currently undergoing a tumultuous financial time, could be scaring crypto companies to flee out to the international markets. France, meanwhile, seems to be looking at this difficult situation in the US as a way to boost its own crypto and Web3 ecosystem. The country has invited crypto players looking to set their businesses outside of the US to do so in France. The development comes just a day after the European Union (EU) gave its final approval to a comprehensive set of regulations that have been curated to uniformly govern the digital assets sector in all of the EU regions. “If American players want to benefit, in the very short term, from the French regime, and from the start of 2025 from European arrangements, clearly, they are welcome. In France, we are proud to be pioneers,” a CoinDesk report quoted Benoît de Juvigny, Secretary General of the Autorité des marchés financiers (AMF). The AMF is essentially the financial markets authority of France. At present,

Johnny Depp Returns to the Big Screen at Cannes Film Festival as Louis XV

Johnny Depp will open this year's Cannes Film Festival in his French-language portrayal of King Louis XV, the actor's first appearance in movie theatres since his widely followed defamation trial with his ex-wife last year. Jeanne du Barry , a film about the king's famous mistress, will kick off the festival, which opens Tuesday and will run for two weeks in the South of France. The film, which got some backing from streaming giant Netflix , is directed by Maiwenn Le Besco, who also plays Madame du Barry, the famous mistress of the 18th-century French king. Cannes is among the world's most glamorous film festivals, attracting movie stars, billionaires, industry executives, paparazzi, and fans to the French Riviera to attend premieres and haggle for worldwide movie rights at the concurrent film market. Twenty-one films will compete this year to win the Palme d'Or , the festival's highest award, with entries stretching from Brazil to Senegal, and featuring di

Motorola Razr 40 Ultra Leaked Promotional Images Suggest Outer Display Features; Launch Date Announced

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The Motorola Razr 40 Ultra or Razr Pro is surely turning out to be a very interesting foldable with plenty of hardware upgrades. Turns out, there's more to it when it comes to the features that its large outer display will bring. While previous leaks have showcased the phone's colour options via leaked renders, there's now a new leak, which has suggested not just the design of the phone, but also the features enabled by its larger outer display. Meanwhile, Motorola has also finally announced a launch date. Motorola via its official Twitter handle put out a teaser video showing a silhouette of two foldables smartphones, which could be the expected Motorola Razr 40 Ultra or Razr Pro and the Razr 2023. Also shown in the short promo video is a date, which is expected to be for a global launch event. Motorola has set June 1 as the launch date for its upcoming Razr foldables. Shortly after, Motorola USA also seemed to have confirmed the same by retweeting the same tweet, hinti