United States-based publicly traded cryptocurrency exchange Coinbase met with the Securities and Exchange Commission (SEC) to discuss the Ethereum (ETH) exchange-traded fund (ETF) proposed by asset manager Grayscale Investments. According to recently filed documents, the crypto exchange described the proposed product to the regulator that Grayscale filed for back in...
Parimutuel betting is one of those terms everyone seems to have heard of but very few people understand. Also known as tote betting in the UK, parimtuel betting is synonymous with wagering on greyhound and horse racing. In simple terms, parimutuel betting describes a pool wagering system. Payouts are determined...
An Australian government financial intelligence agency has launched a probe into British gambling company Bet365 over concerns about its adherence to anti-money laundering and counter-terrorism regulations. The Australian Transaction Reports and Analysis Centre (Austrac) is the watchdog investigating the leading betting brand, registered locally as Hillside (Australia New Media). Specifically,...
Deloitte is seeking specialist staff to assist the firm in its efforts to combat financial crime relating to cryptocurrency. The consultancy firm, the biggest in the world by revenue and workforce, is considered to be one of the 'Big Four' accountants, alongside PwC, EY, and KPMG. They all maintain a...
Amidst fierce competition from tech giants like OpenAI, Google, and Microsoft in the race to develop cutting-edge conversational artificial intelligence (AI), Anthropic's launch of Claude 3 aims to disrupt the field. The AI research company has launched its new chatbot which it claims has reached "near-human" levels in some tests,...
In a breakthrough that paved the way for unlimited carbon-free energy, Massachusetts Institute of Technology (MIT) engineers successfully tested a novel high-temperature superconducting magnet capable of generating a world-record 20-tesla magnetic field strength, a crucial milestone for enabling practical fusion power plants. Nearly three years after achieving this test, MIT...
The annual integrity report from Sportrader has been released, with 1,329 suspicious matches detected across 2023 - with 880 coming from football and a rise seen in Asia. Titled the ‘Betting Corruption and Match-fixing in 2023’ report, the findings look at suspicious betting on a global scale from approximately 850,000...
The US government says it would be better for them if you ceased using C or C++ when programming tools. In a recent report, the White House Office of the National Cyber Director (ONCD) has urged developers to utilize "memory-safe programming languages," a classification that does not include widely used...
The CEO of fintech giant Klarna has warned that the power of Artificial Intelligence (AI) is "happening right now" as he confirms the company's AI-powered chatbot is already handling the work of 700 human employees, reports tech.eu. Klarna announced a partnership with OpenAI, the creators of ChatGPT, last year and...
Bankroll management is one of the most important tenets of sports betting, especially in an age where online gambling is prevalent. In the digital realm, online sportsbooks are constantly at your fingertips, while in-play wagering unlocks potentially thousands of props across the NFL, NBA and MLB. Simply put, bankroll management...
Artificial Intelligence is a growing concept in today’s business processes. AI has become essential for businesses around the world. Over the past few years, technology has grown significantly and now affects people's daily lives in one way or another. The major place where artificial intelligence is used in business is...
Security experts have raised alarms over a critical vulnerability in ConnectWise ScreenConnect, a widely used remote access tool, which they describe as "trivial and embarrassingly easy" to exploit. According to TechCrunch, this flaw, with the highest severity rating, poses a significant risk as it allows for an authentication bypass that...
Match Group and OpenAI have signed a deal that will see the dating app giant receive over 1,000 ChatGPT enterprise licenses for its employees, as reported by TechCrunch. The company behind apps such as Tinder, Match, OKCupid, Hinge, and PlentyOfFish explained its plans to leverage AI across a variety of...
In 2023, the cybersecurity landscape witnessed a dramatic escalation in cyber threats, with attackers honing their skills and exploiting the weakest links in business defenses. According to CrowdStrike's 2024 Global Threat Report, the year marked a notable surge in the severity and sophistication of cyberattacks, with cloud intrusions increasing by...
There has been a significant surge in hunter-killer malware, with a 333% rise, according to the latest Picus Red Report. The fourth edition of this annual report revealed insights from the analysis of over 600,000 real-world malware samples, pinpointing the most frequently used techniques by attackers. The study found a...
Having a sports betting strategy is key to minimizing your losses and making the most of your starting bankroll. However, it can be hard to create an effective strategy given the variables involved in sports betting and the differences between different disciplines. The good news is that there are basic...
Professional sports bettors have been able to do something most of us dream about. They all turned a hobby into an extremely lucrative career. But, with multi-million dollar wins also comes the danger of multi-million dollar losses. But how does someone become a full-time all-star sports bettor? What are their...
The European Union has confirmed it is investigating TikTok over an alleged failure to protect children against negative impacts online. Under a new headline legislation, the Digital Services Act, the ByteDance-owned video-hosting platform has potentially contravened rules on "protection of minors, advertising transparency, data access for researchers, as well as...
Google has released a new version of Gemini, its multimodal large language models, only a week after rolling out its Gemini 1.0 Ultra model. Gemini 1.5 is the tech giant’s next-generation model, which is said to have “dramatically enhanced performance.” According to DeepMind, Alphabet’s AI division, 1.5 Pro can process...
You’ll stumble across a seemingly endless selection of sports betting terms when backing your favorite teams online. Understanding these terms is crucial, as it lets you make more informed bet selections and makes it easier to identify value in published odds. Below, we’ve broken down the most commonly used sports...
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