Despite the hurdles, the potential is huge. To make it happen, we need collaboration between governments, industries, and innovators. Governments can help by creating laws that support data ownership and privacy.
Companies and researchers need to work together to build the infrastructure and educate people about decentralized AI. Emerging technologies like web3 (a decentralized internet) can also play a big role in making this future possible.
Centralized data collection got us here, but it’s not sustainable. Decentralized AI is a new way forward, one that’s fair, transparent, and empowering. It’s not just the ethical choice; it’s the smart one.
The reason we need decentralized AI is the speed of AI growth and its growing impact on society. Every day, algorithms make decisions on healthcare and finance and often use data collected without proper oversight.
By acting now, we can make sure AI evolves in a way that benefits everyone, protects individual rights, and unleashes the full power of technological progress. If we make this shift, we can have an AI that works for everyone, not just the privileged few. Now is the time to act. As data is the lifeblood of AI, adopting decentralized systems is our best bet for a trustworthy and transparent technological future.
It’s not just about fixing the problems with centralized systems; it’s about rethinking data and technology altogether.
Imagine a world where users have full control over their own data, where communities can decide how data is used, and where gatekeepers don’t block innovation. This isn’t just a tech evolution; it’s a cultural one.
Decentralized systems match the growing demand for fairness and accountability in the digital age, and we’re seeing that ethical and efficient AI isn’t just possible—it’s inevitable.
If the regulatory confirms the sanctions, Upbit will have to cease accepting new customers for nearly six months. However, during the suspension period, existing users would still be able to trade on the platform, reported a local news publication. With over 70% of the domestic virtual asset trading market share, the suspension could significantly impact the exchange’s operations.
The cryptocurrency exchange has to submit a response to the FIU by January 20. After this, the regulator will closely review the exchange’s explanation during a sanctions hearing on January 21 before making a final decision on the suspension.
The recent move of sanctions on Upbit shows a shift towards a stricter regulatory approach for the crypto industry in South Korea. The sanctions raise concerns within the virtual asset industry, with many questioning how they could impact Upbit’s upcoming business license renewal review.
Last year in October 2024, Upbit renewed its license, which is currently under review, and financial authorities are scrutinizing the company’s compliance following on-site inspections. In total, the FIU has discovered 700,000 cases of KYC violations.
In addition to the potential suspension of operations, the FIU is considering imposing fines of up to 100 million won per violation. The regulator has also found that Upbit has conducted business with unreported overseas virtual operators, which complicates the situation further.
An Upbit representative stated that the company did not intend to violate regulations. He explained that was difficult to determine in advance whether overseas exchanges were unreported due to the nature of blockchain transactions.
South Korea is now working to finalize its crypto regulatory framework and has launched official discussions to speed up the process. Thus, the regulators are working to bring the first draft by the second half of 2025.
The country’s top regulator, the Financial Services Commission (FSC), recently held a meeting for the same. For the upcoming crypto bill, the FSC has outlined major target areas for the same.
I’m a very small time investor. I only have 25 Tesla shares, which is probably laughable to some of you, but I worked had for the extra money and have invested it in a company that I believe is a pioneer, innovator and disruptor of the global economy as we know it. Nothing is for certain, but with Elon at the helm, you can bet on it being probable.
The IPO could happen as early as the second quarter of 2025. This timeline would give eToro ample time to prepare for its U.S. market debut, despite some recent hurdles. For example, in September 2024, the platform stopped trading most crypto assets in the U.S. after resolving regulatory issues with the SEC. A U.S. listing would open doors to a bigger pool of investors, even though the U.K. remains eToro’s largest market.
Leading banks like Goldman Sachs, Jefferies, and UBS are advising eToro on this major step. With their backing, the company seems well-positioned to navigate the tricky IPO waters.
In September 2024, eToro faced a setback when it stopped trading most crypto assets in the U.S. after settling with the SEC over regulatory violations. Despite this, the platform remains a global force. Founded in 2007, eToro has grown into a trusted name for trading stocks, cryptocurrencies, and more.
What’s Next for eToro?
If the IPO becomes a success, it will be a game changer for eToro. This process is not just about raising funds but putting a name flag in the market. With all the regulatory challenges it has faced in the US, getting listed is no small win and the potential rewards are huge. Investors and industry watchers will be paying close attention to see how eToro plays its cards.
However, worsening macroeconomic conditions in 2022 and 2023 hit Covid high-fliers like Freetrade hard — and in 2023, Freetrade completed a crowdfunding round at a valuation of £225 million down 65% from the £650 million it was worth previously.
The deal is a potential signal for further consolidation coming to the wealth technology industry. It comes after Hargreaves Lansdown was acquired for £5.4 billion by a consortium of investors including private equity giant CVC Group.
Viktor Nebehaj, CEO and co-founder of Freetrade, described the takeover as a "transformative deal that recognizes the significant value that Freetrade has created."
"Together with IG Group's significant resources and backing, this is an exciting opportunity to accelerate our growth and delivery of new products and features," he added.
Freetrade said the transaction is subject to customary closing conditions including regulatory approvals, adding that it expects it will close the deal later this year.
"The surging demand for AI chips has exceeded expectations in Q4," Brady Wang, associate director at Counterpoint Research told CNBC, adding that revenue was also bolstered by demand for the advanced chips in Apple's latest iPhone 16 model.
The Taiwan-based company first released its December revenue last week, bringing its annual total to NT$ 2.9 trillion — a record-breaking year in sales since the company went public in 1994.
"We observed robust AI related demand from our customers throughout 2024," Wendell Huang, chief financial officer and vice president at TSMC, said in an earnings call on Thursday, adding that revenue from AI accelerator products accounted for "close to a mid-teens percentage" of total revenue in 2024.
"Even after more than tripling in 2024, we forecast our revenue from AI accelerators to double in 2025 as a strong surge in AI-related demand continues as a key enabler of AI applications," Huang added.
However, TSMC may face some headwinds in 2025 from U.S. restrictions on advanced semiconductor shipments to China and uncertainty surrounding the trade policy of President-elect Donald Trump.
TSMC Chairman and CEO C.C. Wei said the company will not attend Trump's inauguration as its philosophy is to keep a low profile, Reuters reported.
Trump, who will assume office next week, has threatened to impose broad tariffs on imports and has previously accused Taiwan of "stealing" the U.S. chip business. .
Still, Counterpoint's Wang forecasts 2025 to be another strong year for TSMC, with significant revenue growth fueled by strong and expanding demand for AI applications, both in diversity and volume.
Taiwan-listed shares of TSMC gained 81% in 2024 and were trading 3.75% higher on Thursday.
The New England Patriots fired head coach Jerod Mayo after the season. Many believe that Jerod Mayo was fired...so the Patriots could hire Mike Vrabel. According to Jerod Mayo wife...the firing of her husband was unfair.
We discuss the firing of Jerod Mayo...and the response from his wife. We explain why fairness doesn't exist in the NFL...and how it's acceptable for the Patriots to fire Jerod Mayo to hire Mike Vrabel. We also explain why Jerod Mayo wife isn't helping her husband...by complaining about lack of fairness.
Michael DeAngelo covers the report by SNY that the Mets have previously checked in on Vladimir Guerrero Jr, as well as David Stern's approach to Pete Alonso's free agency. Mets Digest is a YouTube Channel that covers all the latest news, trades, reports, and rumors regarding the New York Mets. We provide comprehensive coverage on topics such as game highlights, player performances, and in-depth analysis of team strategies. Our channel features discussions on key players like Pete Alonso, Francisco Lindor, Max Scherzer, Brandon Nimmo, and Kodai Senga, as well as insights from coach Carlos Mendoza and General Manager David Stearns. Stay tuned for all the exciting updates and engaging content on everything Mets!
Stocks of European semiconductor companies trading on the Euronext Amsterdam Stock Exchange rose Thursday, with ASML up 3.5%, ASM International gaining 3.75% and Besi rising 5.1%.
!summarize #wallstreet analysts #investing
!summarize #tesla
!summarize #doge #elonmusk #government #vivek
Despite the hurdles, the potential is huge. To make it happen, we need collaboration between governments, industries, and innovators. Governments can help by creating laws that support data ownership and privacy.
Companies and researchers need to work together to build the infrastructure and educate people about decentralized AI. Emerging technologies like web3 (a decentralized internet) can also play a big role in making this future possible.
!summarize #nyjets #nfl #coach
Centralized data collection got us here, but it’s not sustainable. Decentralized AI is a new way forward, one that’s fair, transparent, and empowering. It’s not just the ethical choice; it’s the smart one.
The reason we need decentralized AI is the speed of AI growth and its growing impact on society. Every day, algorithms make decisions on healthcare and finance and often use data collected without proper oversight.
By acting now, we can make sure AI evolves in a way that benefits everyone, protects individual rights, and unleashes the full power of technological progress. If we make this shift, we can have an AI that works for everyone, not just the privileged few. Now is the time to act. As data is the lifeblood of AI, adopting decentralized systems is our best bet for a trustworthy and transparent technological future.
It’s not just about fixing the problems with centralized systems; it’s about rethinking data and technology altogether.
Imagine a world where users have full control over their own data, where communities can decide how data is used, and where gatekeepers don’t block innovation. This isn’t just a tech evolution; it’s a cultural one.
!summarize #microvast #solidstate #batteries #ev
Decentralized systems match the growing demand for fairness and accountability in the digital age, and we’re seeing that ethical and efficient AI isn’t just possible—it’s inevitable.
If the regulatory confirms the sanctions, Upbit will have to cease accepting new customers for nearly six months. However, during the suspension period, existing users would still be able to trade on the platform, reported a local news publication. With over 70% of the domestic virtual asset trading market share, the suspension could significantly impact the exchange’s operations.
The cryptocurrency exchange has to submit a response to the FIU by January 20. After this, the regulator will closely review the exchange’s explanation during a sanctions hearing on January 21 before making a final decision on the suspension.
!summarize #karenbass #losangeles #latimes #endorsement #mayor
The recent move of sanctions on Upbit shows a shift towards a stricter regulatory approach for the crypto industry in South Korea. The sanctions raise concerns within the virtual asset industry, with many questioning how they could impact Upbit’s upcoming business license renewal review.
Last year in October 2024, Upbit renewed its license, which is currently under review, and financial authorities are scrutinizing the company’s compliance following on-site inspections. In total, the FIU has discovered 700,000 cases of KYC violations.
In addition to the potential suspension of operations, the FIU is considering imposing fines of up to 100 million won per violation. The regulator has also found that Upbit has conducted business with unreported overseas virtual operators, which complicates the situation further.
An Upbit representative stated that the company did not intend to violate regulations. He explained that was difficult to determine in advance whether overseas exchanges were unreported due to the nature of blockchain transactions.
South Korea is now working to finalize its crypto regulatory framework and has launched official discussions to speed up the process. Thus, the regulators are working to bring the first draft by the second half of 2025.
The country’s top regulator, the Financial Services Commission (FSC), recently held a meeting for the same. For the upcoming crypto bill, the FSC has outlined major target areas for the same.
I’m a very small time investor. I only have 25 Tesla shares, which is probably laughable to some of you, but I worked had for the extra money and have invested it in a company that I believe is a pioneer, innovator and disruptor of the global economy as we know it. Nothing is for certain, but with Elon at the helm, you can bet on it being probable.
!summarize #maga #victordavishanson #politics #trump
The IPO could happen as early as the second quarter of 2025. This timeline would give eToro ample time to prepare for its U.S. market debut, despite some recent hurdles. For example, in September 2024, the platform stopped trading most crypto assets in the U.S. after resolving regulatory issues with the SEC. A U.S. listing would open doors to a bigger pool of investors, even though the U.K. remains eToro’s largest market.
Leading banks like Goldman Sachs, Jefferies, and UBS are advising eToro on this major step. With their backing, the company seems well-positioned to navigate the tricky IPO waters.
!summarize #thefed #economy #monetary
In September 2024, eToro faced a setback when it stopped trading most crypto assets in the U.S. after settling with the SEC over regulatory violations. Despite this, the platform remains a global force. Founded in 2007, eToro has grown into a trusted name for trading stocks, cryptocurrencies, and more.
What’s Next for eToro?
If the IPO becomes a success, it will be a game changer for eToro. This process is not just about raising funds but putting a name flag in the market. With all the regulatory challenges it has faced in the US, getting listed is no small win and the potential rewards are huge. Investors and industry watchers will be paying close attention to see how eToro plays its cards.
!summarize #virus #china
!summarize #starwars #davefiloni #disney
!summarize #comicbooks #diamond #bankruptcy
However, worsening macroeconomic conditions in 2022 and 2023 hit Covid high-fliers like Freetrade hard — and in 2023, Freetrade completed a crowdfunding round at a valuation of £225 million down 65% from the £650 million it was worth previously.
The deal is a potential signal for further consolidation coming to the wealth technology industry. It comes after Hargreaves Lansdown was acquired for £5.4 billion by a consortium of investors including private equity giant CVC Group.
Viktor Nebehaj, CEO and co-founder of Freetrade, described the takeover as a "transformative deal that recognizes the significant value that Freetrade has created."
!summarize #joebiden #president #farewell
"Together with IG Group's significant resources and backing, this is an exciting opportunity to accelerate our growth and delivery of new products and features," he added.
Freetrade said the transaction is subject to customary closing conditions including regulatory approvals, adding that it expects it will close the deal later this year.
"The surging demand for AI chips has exceeded expectations in Q4," Brady Wang, associate director at Counterpoint Research told CNBC, adding that revenue was also bolstered by demand for the advanced chips in Apple's latest iPhone 16 model.
The Taiwan-based company first released its December revenue last week, bringing its annual total to NT$ 2.9 trillion — a record-breaking year in sales since the company went public in 1994.
"We observed robust AI related demand from our customers throughout 2024," Wendell Huang, chief financial officer and vice president at TSMC, said in an earnings call on Thursday, adding that revenue from AI accelerator products accounted for "close to a mid-teens percentage" of total revenue in 2024.
"Even after more than tripling in 2024, we forecast our revenue from AI accelerators to double in 2025 as a strong surge in AI-related demand continues as a key enabler of AI applications," Huang added.
However, TSMC may face some headwinds in 2025 from U.S. restrictions on advanced semiconductor shipments to China and uncertainty surrounding the trade policy of President-elect Donald Trump.
TSMC Chairman and CEO C.C. Wei said the company will not attend Trump's inauguration as its philosophy is to keep a low profile, Reuters reported.
!summarize #rokisasaki #losangeles #dodgers #mlb
Trump, who will assume office next week, has threatened to impose broad tariffs on imports and has previously accused Taiwan of "stealing" the U.S. chip business. .
Still, Counterpoint's Wang forecasts 2025 to be another strong year for TSMC, with significant revenue growth fueled by strong and expanding demand for AI applications, both in diversity and volume.
Taiwan-listed shares of TSMC gained 81% in 2024 and were trading 3.75% higher on Thursday.
!summarize #petealonso #nymets #mlb
!summarize #nymets #vladguerreo #mlb #petealonso #freeagency
!summarize #china #automotive #carmakers
!summarize #disnet #plus #netflix
!summarize #jerodmayo #wife #nfl #newengland #patriots
!summarize #nyknicks #nba #sports
!summarize #nymets #petealonso #mlb #freeagent
The New England Patriots fired head coach Jerod Mayo after the season. Many believe that Jerod Mayo was fired...so the Patriots could hire Mike Vrabel. According to Jerod Mayo wife...the firing of her husband was unfair.
We discuss the firing of Jerod Mayo...and the response from his wife. We explain why fairness doesn't exist in the NFL...and how it's acceptable for the Patriots to fire Jerod Mayo to hire Mike Vrabel. We also explain why Jerod Mayo wife isn't helping her husband...by complaining about lack of fairness.
!summarize #gavinnewsom #california #politics
!summarize #newengland #patriots #nfl #vincewilfork #jerodmayo
!summarize #saudiarabia #oil #empire #finance
!summarize #petealonso #toronto #nymets #valdguerreo #mlb #trade #freeagency
Michael DeAngelo covers the report by SNY that the Mets have previously checked in on Vladimir Guerrero Jr, as well as David Stern's approach to Pete Alonso's free agency. Mets Digest is a YouTube Channel that covers all the latest news, trades, reports, and rumors regarding the New York Mets. We provide comprehensive coverage on topics such as game highlights, player performances, and in-depth analysis of team strategies. Our channel features discussions on key players like Pete Alonso, Francisco Lindor, Max Scherzer, Brandon Nimmo, and Kodai Senga, as well as insights from coach Carlos Mendoza and General Manager David Stearns. Stay tuned for all the exciting updates and engaging content on everything Mets!
!summarize #dylancease #sandiego #padres #mlb #trade
Stocks of European semiconductor companies trading on the Euronext Amsterdam Stock Exchange rose Thursday, with ASML up 3.5%, ASM International gaining 3.75% and Besi rising 5.1%.
!summarize #joebiden #president #farewell
!summarize #pambondi #tedcruz #attorneygeneral #democrats
!summarize #china #automakers #vw #plants #ev
!summarize #bobuecker #death #rokisasaki #mlb
!summarize #losangeles #insurance #wildfire #csaa #california
!summarize #joebiden #farewell #speech #president