Edtech

A cautious approach to using AI in education

Key points: The November 2022 release of ChatGTP by OpenAI was an inflection point for AI technology. It was quickly followed by several competing AI systems: Microsoft’s AI-powered Bing search engine, Google’s Bard, and Meta’s Llama 2. And like so many technologies before it, companies are now in a rush to find ways to monetize and adopt AI, applying the

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Gaming

PAGCOR’s Chairman and 9 Other Members Face Serious Allegations over the Missing Money

PAGCOR (Philippine Amusement and Gaming Corp.) is one more time in the middle of the scandal, which occurred when its chairman and nine other members were accused of graft.  The missing money: The Office of the Ombudsman received complaints about the disappearance of P75 million that an e-sabong company placed as the performance bond for issuing the license for e-sabong. 

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Is AI the future of education?

Key points: AI can optimize the learning experience, the classroom is a delicate ecosystem and changes can have unintended effects AI is the future of work, and students must be prepared for it–and be familiar with it See related article: It’s important to teach generative AI–here’s why Sometime late last year, AI reached an inflection point. Experts have been making

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ChatGPT can generate, but can it create?

While artificial intelligence (AI) has been a relatively silent partner in higher education’s early warning systems, personalized learning platforms, and more for some time now, we might fairly say that ChatGPT is the big boom heard ‘round the university. The AI chatbot is taking many of us by surprise and startling more of us to attention, not in small measure

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Blockchain

New York Attorney General Letitia James Sues CoinEx

CoinEx, a cryptocurrency exchange, has been served with a lawsuit by New York’s Attorney General Letitia James, who contends that the company falsely represented itself as an exchange by failing to register as a securities and commodities broker-dealer in the state. James’s allegations can be found in the lawsuit. James submitted a petition to the New York Supreme Court on

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Blockchain

Lawmakers to Resubmit Russia’s Crypto Mining Bill, Introduce Liability for ‘Gray’ Miners

The draft law legalizing cryptocurrency mining will be resubmitted to Russian parliament which will postpone its adoption, one of its sponsors announced. Members of the lower house are also working on a separate bill that will introduce liability for those who mint digital coins illegally. Adoption of Russian Crypto Mining Legislation Postponed Again A bill designed to legalize the mining

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Former FTX CEO faces 12 criminal charges

The federal court who is presiding over the prosecution of the former chief executive officer of FTX, Sam Bankman-Fried, has given the order for a superseding indictment to be disclosed. This indictment contains 12 separate criminal offenses. In a superseding indictment that was submitted to the United States District Court for the Southern District of New York on February 22,

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Former FTX CEO’s attorneys agree to pay for security expert to assist

The attorneys who are defending former FTX CEO Sam Bankman-Fried have come to an agreement to foot the bill for a security expert who will assist the federal judge who is presiding over his fraud case in navigating modern encryption technology. This will help the judge decide whether or not to modify Bankman-bail Fried’s conditions. On February 21, attorneys Christian

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Former FTX CEO Sam Bankman-Fried to Appear in court remotely

A request has been made by representatives for Voyager Digital’s unsecured creditors to have the former CEO of FTX, Sam Bankman-Fried (SBF), as well as numerous top-level officials from FTX and Alameda Research deliver papers and appear in court remotely for a deposition the next week. According to a document that was filed on February 18 in the United States

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7 Mindsets Announces Key Additions to Executive Leadership Team Amidst Growth

ROSWELL, Ga. — 7 Mindsets, the leader in Pre-K-12 mindsets-based learning and well-being solutions, today announced the extension of its executive leadership team with the appointments of Robin Glenn as chief strategy and business development officer and Clark McKown, Ph.D., as chief science officer. Glenn, founder of BASE Education, a student mental health solution acquired by 7 Mindsets in January

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Blockchain

Former FTX CEO Sam Bankman-Fried Used VPN

The prosecutors who are handling the criminal case against Sam Bankman-Fried, the former chief executive officer of FTX, have asked for more time to investigate the potential legal ramifications of Bankman-use Fried’s of a virtual private network, sometimes known as a VPN. The United States Attorney for the Southern District of New York, Damian Williams, stated in a document that

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Banks Holding Cryptocurrencies Face Strict New Regulations in European Parliament

A report on a draft measure that would require banks that hold cryptocurrencies to put aside a significant amount of capital in an attempt to mitigate possible risk has been published by the European Parliament. EU lawmakers stated in a notice dated February 9 that any framework that is applied to crypto assets should “adequately mitigate the risks of these

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Blockchain

VARA Issues New Guidelines for Virtual Asset Service Providers in Dubai

Virtual Asset Regulatory Authority (VARA), the body in charge of supervising cryptocurrency regulations inside Dubai, has announced new rules for virtual asset service providers (VASPs) operating within the emirate. VASPs refers to companies that offer services related to virtual assets. According to Irina Heaver, a crypto and blockchain lawyer based in the United Arab Emirates, VARA has issued its “Full

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Blockchain

Kazakhstan Launches Consultation on Proposals to Improve Crypto Trading

Financial authorities in Kazakhstan are starting a public consultation on draft changes to the country’s framework for digital-asset trading. The proposals include measures to reduce risks in the crypto market and improvements to the structure of exchange platforms. Kazakhstan’s Financial Hub Seeks to Amend Its Concept for Trading Digital Assets The Astana Financial Services Authority, the body that oversees the

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Blockchain

The Philippines SEC seeks to bring cryptocurrencies under its scope

In a new set of proposed regulations, the Securities and Exchange Commission (SEC) of the Philippines wants to expand its jurisdiction over the local cryptocurrency business so that it may regulate cryptocurrencies and put them under its purview. A report that was published on a local news site on January 25 said that the securities regulator has put out for

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Is Online Sports Betting Allowed in Nigeria?

Sports betting has become a popular activity in Nigeria. In 2020, it was reported that over 60 million Nigerians participated in online sports betting, and the supposed number is 18 to 40 years. This large number of Nigerians participating in sports betting has led to a rise in sports betting sites now offering their services to locals. Because of that,

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Are Online Casino Games Illegal in South Korea?

Gambling is very popular in South Korea; however, several legal hurdles make it challenging. While casinos exist in the country, they are only meant for tourists, and citizens found gambling are punished severely by the law. Although South Korea is one of the most advanced countries in East Asia, casinos and sports betting remain a risky venture within the country

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Blockchain

Israel’s Securities Watchdog Seeks to Regulate Crypto Assets

The body overseeing the securities market in Israel is taking steps to incorporate rules for digital assets into the existing legislation. The regulator released a draft proposal to introduce the changes that would define the legal status of cryptocurrencies in the country. Amendments to Israel’s Securities Laws Aimed at Expanding Supervision Over Crypto Arguing that as crypto assets are often

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Blockchain

Bill on Digital Ruble Submitted to Russian Parliament

A draft law devoted to the digital ruble has been filed with the State Duma, the lower house of Russian parliament. The legislation introduces rules determining how the new form of national fiat will be issued and amends a series of legal acts to facilitate its implementation. Bank of Russia to Be the Sole Operator of the Digital Ruble Platform

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Blockchain

Russia to Ban Banks From Using Messengers Like Telegram to Contact Customers

Financial institutions in Russia will not be able to communicate with clients through instant messengers based outside the country, local media revealed. A new law passed by the State Duma also prohibits banks from using chats to send personal data and payment documents. Bill Restricts Russian Banks and Brokers From Sending Sensitive Information Through Foreign Messengers Banks in the Russian

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Blockchain

Russian Parliament Postpones Adoption of Crypto Mining Bill

Russian lawmakers will consider a draft law on cryptocurrency mining in 2023 despite earlier indications they were going to vote on the proposal in December. The bill is expected to set the rules for the extraction and sale of cryptocurrency in Russia amid sanctions limiting the country’s access to global finances and markets. Russia’s New Crypto Mining Legislation Is Yet

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