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The Hong Kong SFC identified eight websites linked to the fraudulent entity posing as the crypto exchange MEXC, all containing the exchange’s name within the domain name.

The NYAG reached a settlement with Genesis Holdco in a Feb. 8 filing and named it in an amended complaint on Feb. 9.

Bitcoin bulls are chasing a new year-to-date high. Cointelegraph explains what is behind the BTC price move.

Experts say the SEC’s new rule impacting DEX liquidity providers has attracted much criticism and may be challenged in court.

Bitcoin may be consolidating after 6% daily gains, but the potential for runaway BTC price upside is there, says analysis.

John Reed Stark suggested the NBA should prohibit crypto sponsorships, just as if a team partnered with “a heroin manufacturing firm or a blood diamond mining company.”

BitMEX co-founder Arthur Hayes predicts that successful Web3 projects will adopt a “points” program before conducting token generation events.

ERC-404, which mixes Ethereum’s ERC-20 token and ERC-721 NFT standards, is gearing up for a bid to be the blockchain’s newest standard.

AI-generated voices used in automated phone scams, such as the one used in a recent fake Biden robocall campaign, are now illegal under U.S. telemarketing laws.

Blob-carrying transactions are like normal transactions except that it carries an extra piece of data. The intended effect: more block space and cheaper transactions.

Arrests over alleged $830M Korean crypto scam, huge premium paid for Nobody NFT, UBS tokenizes a call option on Ethereum: Asia Express.

Coinbase's Q4 earnings are due on Feb. 15. Investors will want to keep a close eye on any plans laid out for fees charged on Bitcoin transactions.

Bitcoin bulls are trying hard to break loose from a stubborn BTC price trading range.

Research suggests keeping GPT-4 away from the nukes, SEGA’s 80’s AI computer, AI’s suck at travel planning, crypto exit strategies: AI Eye.

In the dynamic world of retail, staying ahead means adapting to evolving customer expectations and embracing innovative solutions. The era of omnichannel retailing has ushered in demand for seamless, personalized shopping experiences, compelling businesses to think outside the box to support seamless experiences and minimize friction by providing the right product at the right time in the right place. Moreover, recognizing the intricate dance between employee satisfaction and customer experience, businesses are weaving a narrative where a better employee experience becomes the cornerstone for elevating customer delight.

At the recent NRF event, the world’s largest retail conference, the mantra of “adjust and adapt” echoed through the halls. AI and digital acceleration took the center stage, making innovation the heart of the conversation. Retailers also highlighted a crucial focus on a motivated workforce, emphasizing how an empowered workforce is critical to delivering exceptional customer experiences.

In a landscape challenged by high turnover rates, retailers showcased their commitment to navigating complexity through strategic investments in their most valuable asset – their people. One of the pivotal elements that drives employee motivation and engagement in the retail industry is incentive compensation, where associates are often paid on commission.

During NRF, Daniel Jasper from Neiman Marcus shared insights into how incentive compensation automation transformed the company’s commission payment process. With over 40 stores and a complex commission structure, Neiman Marcus faced challenges in managing incentive compensation. Its previous incentive management system was cumbersome and complex, which led to errors, delays, and frustration among sales associates. Implementing the SAP SuccessFactors Incentive Management solution helped streamline the process, providing real-time monitoring of commission calculations. This allowed Neiman Marcus to identify and resolve issues proactively, resulting in improved accuracy and timeliness of commission payments. “Rather than waiting to hear from associates that something is wrong, we can monitor the calculations in real-time and resolve issues in advance,” said Jasper. This shift has been a game-changer for Neiman Marcus, driving better sales and revenue growth.

Empower sales teams with the tools they need to create effective sales experiences Find out how

SAP SuccessFactors Incentive Management is one of the sales performance management solutions in the SAP SuccessFactors portfolio, and it offers a sophisticated platform for tailoring incentive programs to suit the unique needs of retail associates. With powerful analytics, embedded intelligence, and built-in workflows, this solution can revolutionize compensation management. Its intelligent design can not only foster trust but also ignite motivation among store associates. Through a user-friendly mobile app, retail customers can enjoy a comprehensive and easily accessible view of both store and individual performance metrics, promoting transparency and a unified understanding of team dynamics and trends. Personalized recommendations, relevant insights, and interactive monitoring help enhance the user experience, while the mobile app helps ensure that store associates can access their incentives anytime, anywhere, from any device.

The solution’s agility helps facilitate a swift rollout of new and updated compensation plans, offering the flexibility to manage broadly or tailor plans to individual needs. With a steadfast commitment to accuracy and traceability, associates can trust the fairness of calculations, fostering a positive work environment. The effective dating functionalities help further empower organizations, allowing seamless management of associate promotions and transfers.

“Retail businesses more than ever need the ability to design and manage incentive plans that align with ever-changing organizational goals, with a focus on store-level personalization and granularity that allow for improved accuracy and timeliness of commission payments,” said Rahul Iyer, general manager of Sales Performance Management at SAP. “With SAP SuccessFactors Incentive Management, retailers can incorporate key performance indicators, such as sales per hour and units per sale, into their incentive structure. The mobile app can provide visibility and transparency into individual and store performance, effectively motivating and ensuring optimal performance from their associates.”

In essence, SAP SuccessFactors Incentive Management emerges as an indispensable tool, helping to empower retail customers to optimize workforce performance and drive sustained success. Displaying key performance indicators and incentives has proven to be a game changer, helping to drive focus on store and individual performance. The result? Associates are more attentive to customers, guiding them through purchasing decisions and enhancing overall satisfaction.

In the always-changing retail world, success comes down to three things: using better technology, having happy employees, and keeping customers in focus. The story of Neiman Marcus proves that automating incentives can be a game changer. It shows how a motivated and well-connected team can not just boost how things work but also bring in more sales and money.

To stay ahead in retail, you need to be ready for change and invest in both tech and your team. This is a clear lesson for retailers planning for the future. Learn more about how sales performance management can simplify the retail industry. To learn more about how sales performance management solutions can support your organization, visit the sales performance management product page on sap.com.

Kevin Coxwell is vice president of GTM for Sales Performance Management at SAP.

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Physically backed Bitcoin ETFs, like the Bitwise Bitcoin ETF, are safer than any other ETFs due to their unique accounting system, Core Scientific founder Darin Feinstein believes.

Every technology conversation today centers around the transformative potential of generative AI for the future. But the reality is, it’s already happening today. And while its capabilities are noteworthy, the real promise of generative AI for business is not what it can do so much as the value it can create.

In my role at SAP, I speak to business leaders all the time about the value that generative AI can add to their business in ways they might not even realize, and I hear countless stories about how it is already starting to do that. One of my favorite examples is one that SAP announced last week in an arena that is near and dear to me: finding and developing the next generation of star athletes.

See what SAP is building with generative AI Explore now

As someone who used to play and coach basketball in Australia, I have had a lifelong appreciation of coaching but also of scouting talent. Scouting is a discipline where art truly meets science, where experience and intuition are strengthened by the objective reality revealed by data.

While professional scouting has been around for a very long time, as more data on players becomes available, more teams are using it as a competitive advantage. But that’s not as easy as it sounds. While the sophistication of scouting reports is impressive, the process of creating and using them effectively has never been efficient. When you consider how many potential young star athletes there are in the world, you can see how this would create an enormous amount of scouting reports to go through in a short period of time. The problem gets even more daunting when you consider that they are written in different languages and in different writing styles. 

In short, it’s exactly the kind of challenge that generative AI for business is built to solve.

For proof of that, just look at the German professional soccer clubs FC Bayern Munich and Hertha BSC. For a long time, both clubs have employed talent scouts who travel the world watching matches and collecting reams of data about players in the hope of finding the next great star before any of their competitors do.

But to show how this could be done better, SAP collaborated with FC Bayern Munich and Hertha BSC on a prototype. It uses generative AI to create automated summaries and recommendations of the reports created by their different scouts in different parts of the world and makes them available to club executives simply by asking for them in their natural language.

For example, imagine a German-speaking manager of the club being able ask for a key summary in 100 words or less of a scouting report on a young player who was scouted in Argentina and written in Spanish. That same manager can also ask it to compare two players based on their just their defensive skills or endurance. While translation apps can translate an entire report from Spanish to German, it takes a large language model (LLM) to create these summaries and competitive analyses on demand using natural language commands — essentially just the information that club executives really need to make informed decisions fast.

This is exactly what the prototype allowed these clubs to do. It took a time-consuming task and automated it in an intelligent way to make it useful. As a result, we will soon be rolling out this capability as part of our sports management suite, SAP Sports One, which has already been helping athletes and teams get better results in their sport while also creating better experiences for their fans since 2015.

Why should business leaders care about better scouting reports? Two reasons: first, because they face many of the same challenges in their own business, needing to harness the power of their data quickly on demand for competitive advantage. And second, because generative AI is not just a specific solution for a specific problem. Its true magic is that it is also scalable across an entire enterprise to address other business needs, from financing and supply chain management to procurement, travel, trainings, and more. For example, when generative AI is combined with SAP Business Technology Platform (SAP BTP), businesses have the ability to write code, keeping their core clean and building generative AI extensions to further scale impact.

There is simply no doubt that data is the playbook of champions in sports. But it is also creating a new playbook of value in business. And with the era of generative AI for business only just beginning, I cannot wait to see what other amazing innovations will move from imagination to reality — and all of the value that they will create.

Scott Russell is a member of the Executive Board of SAP SE.

SAP Sports One: Get insights about your players and your team with real-time analytics Learn more

According to the security firm CVE Program, the “Cryptocurrency Widgets – Price Ticker & Coins List plugin” WordPress widget carries a critical vulnerability from versions 2.0 through 2.6.5.

The U.S. government pointed to potential conflicts of interest between the two crypto CEOs’ cases but added that the judges could approve waiving them after a hearing.

Bitcoin volatility monitoring is calling for a dramatic upending of flat BTC price action within the coming days.