Weekly Report (30 Oct. – 5 Nov. 23) | What Happened This Week In Crypto
This Report will provide some essential and quick news about cryptocurrencies happening worldwide.
1) Bitfinex Has A Small Security Problem After A Hack Into Customer Support
A phishing assault on a customer care worker at cryptocurrency exchange Bitfinex caused a small security problem earlier this week. Even if the problem has been fixed, this highlights the persistent assaults of bad actors on critical crypto infrastructures like trading exchanges…[continue reading]
2) Argentine Payments To The IMF Will Be Made In Yuan Instead Of Dollars
Argentina’s decision to repay a sizable IMF loan in Chinese Yuan rather than US dollars marked a sea change in international monetary policy. Argentina, as the newest member of the BRICS, has taken an innovative step in the realm of finance by paying off a sizable IMF debt with Chinese Yuan…[continue reading]
3) China Has Created A Revolutionary All-Analog Photoelectronic Chip
Tsinghua University scientists have made history by creating the first all-analog photoelectronic chip, paving the way for significant advances in computer vision. Known as ACCEL (All-Analog microprocessor Combining Electronic and Light Computing), this cutting-edge microprocessor has the ability to completely alter the landscape of artificial intelligence and image identification…[continue reading]
4) Elon Musk Declares The XAI Chatbot “The Finest Existing Currently”
Elon Musk has announced that his rival tech firm, xAI, will release a beta version of its chatbot to a select group of customers this coming Saturday, making good on his threat to compete with OpenAI, a company he co-founded in 2015 but subsequently quit…[continue reading]
5) Ripple Will Support The Digital Currency Of The Georgian Central Bank
The National Bank of Georgia will evaluate the advantages of the digital lari for the public sector, private sector, and individual consumers using the CBDC platform. The National Bank of Georgia (NBG) has chosen Ripple Labs, a blockchain payments network, to be its official technical partner in creating digital lari, the country’s central bank digital currency (CBDC)…[continue reading]