Second major outage and recovery for Ethereum Layer 2 Starknet in one day
Meta, formerly known as Facebook, has recently updated its AI chatbots to better shield teenagers from potential harm on the platform. This move comes as part of Meta’s ongoing efforts to enhance safety features and protect users, especially young people, from online risks.
Instead of putting up with malicious content or interactions, the updated AI chatbots will now actively identify and block harmful content and users before any harm can occur. This proactive approach aims to create a safer online environment for teenagers who are frequent users of social media platforms like Meta.
In another tech development, Taiwan Semiconductor has announced plans to offer high salaries in order to attract skilled engineers to its workforce. This move comes as the company looks to bolster its talent pool and maintain its competitive edge in the semiconductor industry.
Similarly, Chinese robot manufacturer UBTech Robotics has set its sights on expanding into the Middle East with a substantial $1 billion investment. The company’s expansion plans highlight the growing interest in robotics and automation in the region, as well as UBTech’s commitment to global expansion.
In South Korea, banks are leveraging artificial intelligence (AI) technology to combat voice phishing attempts. By using AI systems to analyze and detect fraudulent calls, banks aim to protect their customers from falling victim to scams and financial fraud.
Moving into the realm of cryptocurrency, Gemini AI has predicted a significant price surge for the XRP token, projecting it to reach $5.05 by September 30, 2025. This forecast has sparked interest among investors and traders looking to capitalize on potential market movements.
Similarly, the price of Cardano is expected to surge to $1.20 in the near future, pending the approval of an exchange-traded fund (ETF). This development signals growing optimism and confidence in the cryptocurrency market as it continues to attract mainstream attention and investment.
Meanwhile, Pi Network’s Pi Coin has seen an increase in market liquidity following its listing on Onramp Money. This move has opened up new opportunities for Pi Coin holders and investors as the cryptocurrency gains traction in the market.
In the renewable energy sector, VivoPower has partnered with Doppler Finance to launch a $200 million XRP treasury yield program. This strategic partnership aims to leverage cryptocurrency assets to drive sustainable financing solutions for renewable energy projects.
In the realm of traditional finance, Bitcoin is poised to reach $150,000 after two major whales complete selling off their holdings. This development is expected to have a significant impact on the cryptocurrency market and investor sentiment.
Moreover, Ethereum has gained ground in the market, with Ethereum traded products (ETPs) now controlling 7% of the total Ethereum supply. This milestone highlights Ethereum’s increasing popularity and adoption among institutional and retail investors.
In related news, Ethereum Layer 2 solution Starknet recently experienced an outage but swiftly overcame the issue after halting transactions. This incident underscores the importance of robust infrastructure and technology in supporting the growth and development of blockchain networks.
Lastly, El Salvador has split its Bitcoin holdings amid concerns about quantum computing security threats. This move reflects the country’s cautious approach to managing its cryptocurrency assets and ensuring the security and integrity of its digital holdings.
In summary, these recent developments in the tech, cryptocurrency, and finance sectors reflect the dynamic and evolving nature of the digital economy. From enhanced safety measures on social media platforms to significant price forecasts for cryptocurrencies and strategic partnerships in renewable energy, these trends underscore the importance of innovation and adaptation in today’s rapidly changing landscape.
