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News & Articles By Cassie B.
09/01/2023
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By Cassie B.
SPY IN THE SKY: NYPD will use surveillance drones to monitor private Labor Day parties this weekend
If you thought your backyard Labor Day party was going to be a private gathering, think again if you live in New York City. The NYPD has announced that it intends to use drones to investigate complaints about large gatherings such as private events over the weekend. In a press conference, NYPD Assistant Commissioner Kaz […]
08/20/2023
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By Cassie B.
Robotaxi malfunctions cause major traffic jam in San Francisco a day after CA approves expanding services
Just a day after California regulators approved robotaxi services around the clock in San Francisco, a group of Cruise robotaxis malfunctioned in the city’s North Beach neighborhood, creating traffic backups and chaos. At around 11:00pm on Friday night, reports emerged that up to 10 driverless Cruise vehicles had unexpectedly stopped around the area of Vallejo […]
08/11/2023
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By Cassie B.
PayPal launches its own USD-backed stablecoin for transfers and payments
PayPal has become the country’s first major financial company to issue its own stablecoin backed by the U.S. dollar. PayPal USD (PYUSD) will be redeemable 1:1 for American dollars, according to the company. This means that one U.S. dollar can be redeemed for one PayPal USD and vice versa. As a stablecoin, it is backed […]
08/09/2023
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By Cassie B.
AI can STEAL your PASSWORDS with frightening accuracy just by listening to you type
The capabilities of artificial intelligence are growing every day, and now researchers are sounding the alarm bell about its ability to listen to your keystrokes when you are typing in a password in order to access your accounts. Researchers at Cornell University programmed an artificial intelligence (AI) computer system to listen to the sounds of […]
07/28/2023
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By Cassie B.
Cigna Healthcare used AI to deny hundreds of thousands of valid health insurance claims, lawsuit alleges
A class action lawsuit has been filed in California against the insurance company Cigna alleging that they used an algorithm to review and ultimately reject hundreds of thousands of health insurance claims filed by patients. In many cases, doctors approved the denials without taking the time to review each individual case. According to the suit, […]
07/20/2023
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By Cassie B.
Russia plans to start testing its digital ruble CBDC this summer
Russian lawmakers have approved the development of a digital ruble, and it could begin testing later this summer. While the bill has already passed through Russia’s higher legislative body, it must obtain a signature from President Vladimir Putin before it can go into effect. The Russian central bank reportedly plans to launch a test of […]
07/19/2023
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By Cassie B.
BlackRock’s spot Bitcoin ETF application formally accepted for review by SEC
In a move that many are welcoming as a positive sign for the future of cryptocurrency, the U.S. Securities and Exchange Commission (SEC) has added an application from BlackRock for a spot Bitcoin ETF to its official docket. BlackRock is the biggest asset management firm in the world, and its application, which was filed in […]
07/11/2023
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By Cassie B.
Google updated its privacy policy so it can use all your data to train AI
Google quietly updated their privacy policy earlier this month to note that they intend to use the content that is posted and shared online by anyone using their services to train their artificial intelligence technology. The new policy states: “We may collect information that’s publicly available online or from other public sources to help train […]
06/29/2023
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By Cassie B.
HSBC brings cryptocurrency trading services to its online investment platform in Hong Kong
Hong Kong’s biggest bank, HSBC, is now offering its customers local cryptocurrency trading services, making it the first bank in Hong Kong to offer clients this functionality through its online platform. Crypto investment products have been listed on the Hong Kong Stock Exchange since December and the bank allows its customers to trade all publicly […]
06/27/2023
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By Cassie B.
JPMorgan launches euro-denominated digital payments for its JPM Coin
JPMorgan recently introduced euro-denominated payments for its corporate clients with its JPM Coin blockchain payment system. The system went live with its euro transactions last week, and the first payment in euros on its platform was carried out by the German company Siemens. JPM Coin was originally launched in 2019 for dollar payments with the […]
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