In a significant shift for the Linux community, the once-prominent ReiserFS file system has met its end, as official support for it has been phased out. Developed by Hans Reiser in the late 1990s, ReiserFS once held promise as a contender among Linux file systems, offering innovative features that set…

Ripple Labs, a major blockchain and digital currency player, hosted a celebratory event in New York City on September 29th, marking its recent legal triumph over the U.S. Securities and Exchange Commission (SEC). Beyond the festivities, this victory holds profound implications for cryptocurrency regulation and the industry’s future. Why It…

Google’s Gemini project is rapidly gaining momentum. It is a large language model (LLM) that combines the language capabilities of GPT-4 and the strengths of the AlphaGo-type systems. Gemini is redefining the AI landscape through innovation, agile iteration, and robust infrastructure. Poised to challenge GPT-4, it heralds a new era…

The Monetary Authority of Singapore (MAS) has introduced a regulatory framework to reinforce the stability of Singapore-regulated stablecoins, enhancing their credibility as reliable mediums of exchange in the digital financial landscape. Why It Matters: As the fintech sector evolves, stablecoins — digital counterparts to traditional fiat currencies — are gaining prominence. The innovative…

The Monetary Authority of Singapore (MAS) has released a report proposing a framework for developing open and interoperable networks for digital assets. The report, created in collaboration with the Bank for International Settlements (BIS) and industry experts, aims to establish international standards for safe and efficient financial market infrastructure. Why…

Ripple has obtained an in-principle approval for a Major Payments Institution License from the Monetary Authority of Singapore, enabling its subsidiary to offer regulated digital payment token products and services in Singapore. Why It Matters: Singapore’s approval showcases its position as a global leader in establishing clear rules and frameworks…

Singapore has launched the Digital Connectivity Blueprint plan to meet its growing connectivity needs. The blueprint aims to make Singapore a technology hub and take advantage of emerging tech trends like generative AI and autonomous systems. …

Back in 1999, Napster changed the world. It changed how music is consumed within a few years since Napster came onto the scene. It also upended the entire music CD industry bringing many challenges to companies like Tower Records, Columbia House, and music labels. As Napster disrupted the traditional music…

The U.S. Securities and Exchange Commission (SEC) has removed its proposed definition of “digital assets” from its final hedge fund reporting rules. This comes after the SEC initially included the definition in its draft hedge fund reporting rules last year. Why It Matters: If the SEC had included the proposed…