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Adobe on Thursday launched the latest iteration of its Firefly family of image generation AI models, a model for generating vectors, and a redesigned web app that houses all its AI models, plus some from its competitors. There’s also a mobile app for Firefly in the works. The new Firefly Image Model 4, Adobe says, improves on its predecessors in terms of quality, speed, and the amount of control over the structure and style of outputs, camera angles, and zoom. It can generate images in resolutions up to 2K. There’s also a tweaked, more capable version of this model called…

Decentralized exchange (DEX) KiloEx said it will compensate traders and stakers hurt by a $7.5 million exploit that temporarily shut down the platform earlier in April.In an April 24 announcement, KiloEx said traders who had positions open while the platform was suspended would get full compensation if their losses increased or profits decreased. The platform said it would pay the difference. KiloEx urged traders to close their positions immediately once the platform resumes operations, as delaying could affect their profit and losses, which may then impact the compensation amount. “Please close your position as soon as possible after the platform resumes.…

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CNN  —  About six months after he was elected head of the Catholic Church, Pope Francis made a surprising admission. A Jesuit priest was interviewing Francis when he departed from a pre-approved list of questions and asked Francis, referring to him by his birth name, “Who is Jorge Mario Bergoglio?” Francis stared at the fellow Jesuit in silence before answering. “I am a sinner,” Francis said in the 2013 interview. “This is the most accurate definition. It is not a figure of speech, a literary genre. I am a sinner.” When Francis DeBernardo, executive director of New Ways Ministry, a…

Fintech giant Revolut reported a record-breaking year, doubling its pre-tax profit to 1 billion British pounds ($1.3 billion) in 2024, driven by rapid customer growth and a resurgence in cryptocurrency trading.According to its annual report published on Thursday, April 24, Revolut’s profit soared from 438 million pounds in 2023, while revenue jumped to 3.1 billion pounds from 1.8 billion pounds.A key contributor to Revolut’s strong performance was its wealth division, which includes stock and digital asset trading. The segment generated 506 million pounds in revenue — nearly four times higher than in 2023 — as crypto trading activity rebounded.Revolut’s increasing…

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Quantitative easing (QE), explained Quantitative easing (QE) is a non-traditional monetary policy tool used by central banks, particularly when interest rates are already low and cannot be reduced further. It was popularized during the 2008 global financial crisis when traditional monetary tools, like lowering interest rates, were insufficient to stimulate economic growth. The main goal of QE is to boost the economy by increasing the money supply. This is achieved by encouraging banks to lend more and making borrowing cheaper for consumers and businesses. When central banks implement QE, they purchase government bonds or other securities from the market, injecting cash into…

Robust, deterministic tracking has been the bedrock of effective affiliate marketing since its inception. It not only ensures affiliates are fairly rewarded for sales they generate, but also helps advertisers better understand their marketing activity. This enables them to allocate budget to the right channels and partners, supporting their own growth.   But with deterministic tracking principles challenged by an increasing number of factors, Awin is today announcing a new Conversion Protection Initiative (CPI) aimed squarely at mitigating these issues and offsetting their impact on the affiliate industry.   The first wave of the CPI is focused specifically at encouraging…

BlackRock’s spot Bitcoin exchange-traded fund has been named the best new ETF product by etf.com, as it recorded its highest inflows since Jan. 21. On April 23, BlackRock’s iShare Bitcoin ETF (IBIT) was awarded the “Best New ETF” at the annual etf.com ETF awards. In an X post shortly after, Bloomberg ETF analyst Eric Balchunas said it “feels right to me.”IBIT clocks highest inflows in three months“I’m pretty sure this is how I voted. Both of them did things no one has seen [before],” Balchunas said, also referencing the Vanguard S&P 500 ETF (VOO) winning the “ETF of the Year” award.…