Indian generative AI startups recorded a remarkable sixfold growth in funding in Q2 FY25, establishing India as the sixth largest GenAI ecosystem globally. Fuelled by B2B platforms and productivity solutions, early-stage investments dominated, marking a shift towards practical applications ready for market deployment. A notable increase in partnerships and advanced talent acquisition strategies further underscore … Read more
Coinbase has launched Coinbase Wrapped Bitcoin (cbBTC), enabling users to leverage their Bitcoin in decentralized finance applications across Ethereum and Base networks. This token simplifies access, allowing for liquidity provision, collateral usage, and trading without complex systems. Initially available in several regions, cbBTC emphasizes security backed by Coinbase’s custodial experience. In a bold move to … Read more
Earth AI and Legacy Minerals have announced a verified discovery of a large palladium mineral system at Fontenoy, New South Wales, potentially marking it as the largest PGE prospect globally. This discovery not only highlights artificial intelligence’s role in greenfield exploration but also signifies a critical shift in the global minerals market, particularly for palladium, … Read more
A report reveals that 562 million people globally now own digital currencies, reflecting a significant rise from 420 million in 2023. This ownership now represents 6.8% of the world’s population, with notable growth in Asia and North America. The global trend indicates a steady increase in cryptocurrency adoption across all regions, shaping the future of … Read more
Australia has become the fastest-growing market for crypto ATMs, increasing from 73 machines to nearly 1,200 in just two years, as North American companies look to expand in this regulatory-friendly environment. However, this growth raises serious concerns about potential money laundering and scams, highlighting the need for stringent compliance oversight. Australia is at the forefront … Read more
Scientists propose that Earth may have had its own ring system 466 million years ago during the Ordovician Period, impacting meteorite distribution and triggering a cold climate event. This hypothesis, supported by the clustering of impacts near the equator, is set to reshape our understanding of Earth’s climatic history and evolutionary developments. In a groundbreaking … Read more
Scientists confirm that Earth’s inner core is moving backward, a shift reflecting a dramatic deceleration that follows a 70-year cycle. This discovery is rooted in seismic research, suggesting both implications for the Earth’s magnetic field and ongoing debates among scientists regarding the nature of this core movement. Future research is crucial to fully understand the … Read more
Ethereum is set for a pivotal upgrade, known as ‘the merge’, which will transition its energy-intensive mining operations to a more sustainable ‘proof of stake’ system. This shift aims to reduce energy consumption by over 99%, potentially attracting traditional financial institutions while addressing environmental concerns. However, the upgrade faces challenges, including resistance from miners and … Read more