Author: Benjamin

The Reserve Bank of Zimbabwe has unveiled a new “structured currency” backed by foreign exchange and gold, aiming to replace the struggling local currency. These banknotes are designed to be easily convertible into the reserve currency upon request. Additionally, the central bank has significantly reduced the annual interest rate from 130% to 20%. The introduction of this structured currency is supported by strong fundamentals, signaling a strategic move by the central bank to stabilize the country’s monetary system. Source link

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Get ready to ignite the tech world with your passion and expertise! TechCrunch Disrupt 2024 is set to electrify San Francisco from October 28–30, and we’re searching for vibrant speakers like you to elevate our event with your insights. Seize the opportunity to apply and share your knowledge by April 26. Here’s your pathway to becoming a speaker at TechCrunch Disrupt Are you a pioneering startup founder, a perceptive venture capitalist, or a renowned figure in your industry? We want to hear from you. Inspire fellow founders, innovators, and entrepreneurs by sharing your expertise across the startup ecosystem. Craft your…

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Social platform X is introducing access to xAI’s Grok chatbot for its Premium tier subscribers, following Elon Musk’s recent announcement regarding the expansion to a broader user base. The platform’s support page specifies that only Premium and Premium+ subscribers in certain regions can engage with the chatbot. Previously, Grok was exclusively available to Premium+ users, who pay either $16 per month or a $168 annual subscription fee. With this update, users with an $8 monthly subscription can also utilize the chatbot. Users can interact with Grok in either “Regular mode” or “Fun mode.” Similar to other Large Language Model (LLM)…

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MakerDAO’s co-founder, Rune Christensen, has raised concerns about potential disruptions arising from proposed EU regulations that might mandate DeFi frontends to obtain licenses for operation. According to Christensen, such requirements could impede European DeFi accessibility, especially for users less familiar with technology, potentially pushing the EU into a technological regression. Source link

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