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Parity Technologies layoffs raise concerns about Polkadot’s future
27.10.2023
Parity Technologies recently announced laying off 30% of its staff. This roughly equates to 100 employees. There are two sides to this story: employees are claiming that Parity is trying to save itself from financial struggles, and the company is claiming that it is part of the process...
Crypto Gurus Say This New AI Crypto is About to Explode – What’s Going On?
26.10.2023
The dynamics of investing are undergoing a major shift, influenced by the surge in machine learning technologies. The transformation is most noticeable in volatile markets where high risk often pairs with high rewards—cryptocurrency standing as a prime example. These advancements in machine...
Europe May Utilize Blockchain to Fix Bureaucracy as Authorities Suggests Use of “Digital Technologies”
25.10.2023
The European Union (EU) plans to improve the administration processes in all member nations by deploying digital strategies, a new Commission paper reads. A new EU report has placed the digitization of processes at the top of overhauling age-long bureaucracies as it aims to achieve modern...
Crypto Layoffs Continue: Polkadot Blockchain Developer Parity to Cut 30% Workforce
25.10.2023
Polkadot blockchain developer Parity Technologies is the latest blockchain firm to conduct layoffs.
The DLT infrastructure company confirmed to Bloomberg that it would cut 30% of its employees – around 100 staff – in a move to refocus on its core blockchain services....
Read More: Crypto Layoffs...
Nym Technologies Attracts $300M in Crypto Fund Commitments for Privacy Infrastructure
24.10.2023
The Nym Innovation Fund, with commitments from Polychain, KR1, Huobi Incubator and Eden Block, among others, supports projects aiming to safeguard privacy in the crypto ecosystem
AI Is Already Transforming Voices In The Biggest Games
23.10.2023
Viktor Vektor’s office is one of the most gruesome places in all of Cyberpunk 2077. A back-alley ripperdoc, he makes a living cutting patients open, swapping out their synthetic implants, and bandaging them back together again. It’s ground zero for where the meat meets the metal in the sci-fi RPG’s...
US SEC Obtains Default Judgment Against David Chin and Thor Technologies for Offering Unregistered Securities
20.10.2023
The United States Securities and Exchange Commission (SEC) has secured a default judgment against Thor Technologies and its Chief Executive David Chin.
In an Oct 19 statement on its website, the SEC disclosed the current status of the case after it notched the judgment against the defendants...
MultiversX Launches Strategic Partnership With Google Cloud to Further AI and Big Data Ambitions in the Web3 World
20.10.2023
PRESS RELEASE. After outlining a comprehensive strategy to spearhead the development of blockchain-powered tools and Web3 solutions that leverage and extend the reach of emerging AI technologies, MultiversX, the leading layer-1 smart contract platform, has announced a strategic partnership with...
SEC wins default judgment against Thor Technologies and founder
20.10.2023
Thor Technologies has been instructed to pay a sum of $903,193.06, which encompasses a disgorgement of $744,555, and prejudgment interest amounting to $158,638.06
Unlocking the Power of Web3 and AI: Insights from the 2023 Global Summit
16.10.2023
PRESS RELEASE. USA, 230928 – The Worldwide AI & Web3 Summit, held on September 28 – 29, 2023, brought together industry leaders from enterprises such as HAI Stanford, Berkeley/HAAS, Google Deepmind, NVIDIA, and Meta to explore the intersection of AI and Web3 technologies and their...
One Of Gaming's Most Hated CEOs Says Goodbye, Again
10.10.2023
CEO John Riccitiello has retired from game development software company Unity after possibly its worst month of bad headlines ever. The tech company that’s slowly morphed into an in-game advertising firm announced a confusing and seemingly predatory new set of fees for game makers in September...
All The Best Game Deals From Amazon’s October Prime Day
10.10.2023
Amazon is currently running its Prime Big Deal Days, sometimes called October Prime Day, which means it’s a great time to score a couple of games that might’ve been on your radar recently. Read more
Volcano Energy Launches First Bitcoin Mining Pool in El Salvador
5.10.2023
Volcano Energy, a renewable energy-focused Bitcoin mining company, has announced a strategic partnership with Luxor Technologies, a Bitcoin mining tech company, to launch Lava Pool, the first Salvadoran Bitcoin mining pool. Lava Pool will be harnessed by Volcano Energy, a company building a mining...
Microsoft Bing AI Generates Images Of Kirby Doing 9/11
4.10.2023
Microsoft’s Bing Image Creator creator has been around since March, using “AI” technology to generate images based on whatever the user types. You never know where this sort of thing might lead, though, and in recent weeks users have been using the tool to create images of Kirby and other popular...
Dirham stablecoin DRAM hits Uniswap, developed by relaunched Distributed Technologies Research
3.10.2023
Distributed Technologies Research has launched DRAM, a Dirham-backed stablecoin that aims to tap into the performance of the United Arab Emirates fiat currency
FBI Indicts Wall Street Banker For Doing Crimes On Xbox 360
29.9.2023
A newly unsealed FBI indictment accuses a former analyst at Goldman Sachs of insider trading, including allegedly using an Xbox to pass tips onto his close friends. The friend group earned over $400,000 in ill-gotten gains as a result, federal prosecutors claim. “There’s no tracing [Xbox...
Video Game Voice Actors Are Ready To Strike Over AI. Here’s Why
26.9.2023
Sarah Elmaleh didn’t expect to find herself on the frontlines of a medium-defining fight over the use of AI in game development when she entered the video game industry over a decade ago. The voice of Katie in 2012’s seminal indie hit Gone Home, Elmaleh arrived in California just in time for...
Portofino Founders File Motion to Dismiss Lawsuit by Citadel Securities, Claim it was Meant to "Intimidate Other Employees"
25.9.2023
Portofino Technologies, a Swiss-based start-up founded by Alex Casimo and Leonard Lancia, has filed a motion to dismiss a lawsuit brought against them by Citadel Securities.
The motion asserts that Citadel's legal action is an attempt to intimidate other employees and interfere with Portofino's...
Decoding Atomicals: Unpacking the Newest Addition to Bitcoin’s Tech Suite
24.9.2023
Following the introduction of Ordinal inscriptions, BRC20 tokens, and Stamps on the Bitcoin blockchain, the community has seen the debut of a new digital object technology named Atomicals. Meet Atomicals: The Latest Data-Embedding Technology on the Bitcoin Blockchain Since the close of 2022...
Report: Bhutan Commences Plan to Develop 600-Megawatt Bitcoin Mining Farm
21.9.2023
The Himalayan Kingdom of Bhutan along with its partner Bitdeer Technologies Group has reportedly kickstarted plans to develop a 600-megawatt crypto mining farm. Bitcoin mining in the kingdom is expected to “equip citizens to participate in the modern global economy from within Bhutan.”...