US consumer watchdog mulls applying e-banking laws to crypto
9.10.2023
The head of the U.S. financial consumer watchdog says it’s looking to issue guidance on how crypto could fall into electronic fund transfer laws
DOJ Wants to Block Sam Bankman-Fried From Bringing Up Anthropic AI Raise in Court
9.10.2023
The U.S Department of Justice wants the judge overseeing its case against Sam Bankman-Fried to block the defense team from introducing any evidence that his stake in artificial intelligence company Anthropic will benefit FTX creditors after the company's recent fundraise
FTX used Python code to fake its insurance fund figure: Gary Wang
9.10.2023
FTX’s so-called “Backstop Fund” figure was a big lie, according to the former chief technology officer of the crypto exchange
Chatgpt Maker Openai Mulling Own AI Chips, Report Unveils
9.10.2023
Openai, the developer of Chatgpt, is considering ways to overcome the shortage of chips needed to power its artificial intelligence (AI) product. One of the options that’s being discussed in the company, according to a recent media report, is to build its own powerful processor. Openai Reportedly...
Bitcoin is a ‘super logical’ step on the tech tree: OpenAI CEO
9.10.2023
During an episode of The Joe Rogan Experience, Altman expressed his excitement for Bitcoin and also said he was “super against” CBDCs
Digital Yuan Giveaways Driving Adoption, Chinese Central Bank Claims
9.10.2023
The Chinese central bank has claimed that its program of digital yuan giveaways is helping to drive up CBDC adoption.
According to the state-run newspaper the People’s Daily, the Digital Currency Research Institute, the central People’s Bank of China (PBoC)’s dedicated digital yuan arm,...
Berkshire Vice Chair Charlie Munger Warns Most Crypto Investments Will Go to Zero
9.10.2023
Warren Buffett’s right-hand man and the vice chairman of Berkshire Hathaway, Charlie Munger, has expressed his belief that the majority of cryptocurrency investments will become worthless. Regarding bitcoin, the executive opined: “That was the stupidest investment I ever saw.”...
Joe Rogan Says Bitcoin Is the Most Likely Contender for a ‘Universal Viable Currency’
9.10.2023
This week, Openai’s CEO, Sam Altman, delved into the nuances of artificial intelligence (AI) on the Joe Rogan Experience podcast. As they conversed, Rogan articulated that the “real fascinating crypto is bitcoin.” He then expounded on his belief that bitcoin holds the most...
Social On-Chain App Stars Arena Suffers $2.9 Million Hack; Team Secures Funds to ‘Close the Gap’
8.10.2023
Stars Arena, an on-chain social app built on the Avalanche blockchain, suffered a $2.9 million hack Saturday, when hackers took advantage of a vulnerability in its smart contract, draining funds. Stars Arena’s team has already announced that it has secured the funds to close the gap and will...
NFTs Can’t Catch a Break as Protracted Drop in Sales Continues
8.10.2023
For the seventh week straight, non-fungible token (NFT) sales have slipped further. In the last week alone, NFT transactions totaled $66.11 million, marking an 11.65% decline from the previous week. NFT Sales Bleed Out: The Unrelenting Seven-Week Descent Although the broader crypto market...
Bitcoin Lingers in a ‘Neutral’ Phase as the Fear and Greed Index Signals Market Consolidation
8.10.2023
On Sunday, October 8, 2023, bitcoin’s price teeters just below the $28K threshold, marking a 2.6% rise from the previous week. Presently, the Crypto Fear and Greed Index (CFGI) hovers at a “neutral” 50 out of 100, a stance it’s held over the past week. Technical data...
Investor Disagreements Force FloorDAO to Send $2.5 Million to Splinter Faction – What's Going On?
8.10.2023
FloorDAO, a crypto group focused on NFT finance, has split into two separate entities due to disagreements among investors.
The project, which aims to develop products for "NFT-Fi," transferred over $2.5 million from its treasury, consisting of crypto tokens and NFTs, to a splinter group called...