Record label Warner Music Group, which early Wednesday laid off 270 employees, or about 4% of its global workforce, will retain all employees involved in the company’s Web3 and AI-related initiatives, a person familiar with the matter told Decrypt. The label, home to major music artists including Cardi B, Ed Sheeran, Lizzo, Madonna, Dua Lipa, and The Red Hot Chili…
Earlier this month, Metalabel created an NFT collection in collaboration with the Web3 funding platform Gitcoin, and it briefly became a lightning rod of speculation for its connection to Ethereum co-founder Vitalik Buterin. The collection paid homage to the concept of quadratic funding—a mechanism that underpins how around $70 million of donations have been distributed between projects on Gitcoin so…
A group of prominent technologists, researchers, and other influencers are calling on OpenAI to hit the pause button on training its artificial tool, ChatGPT. Top AI figures—including Elon Musk, Steve Wozniak, and Andrew Yang—have apparently signed an open letter calling for a six-month pause on developing AI systems more potent than GPT-4, the current version of the generative tool that…
Beaxy suspended operations on March 28 “due to the uncertain regulatory environment surrounding our business,” according to the cryptocurrency exchange’s blog. The suspension came a day before the United States Securities and Exchange Commission (SEC) announced it was charging Beaxy and its executives with failing to register as a national securities exchange, broker and clearing agency. The SEC also said…
Bitcoin and select altcoins are close to breaking out of their overhead resistance levels, indicating that bulls remain in control of the crypto market. Source: https://cointelegraph.com/news/price-analysis-3-29-btc-eth-bnb-xrp-ada-doge-matic-sol-dot-ltc
Cryptocurrency and technology proponents have recently been discussing a new bipartisan bill called the “Restricting the Emergence of Security Threats that Risk Information and Communications Technology (RESTRICT)” Act. In addition to targeting firms such as Kaspersky, Huawei, and Tiktok, opponents of the bill believe one of its provisions will punish ordinary Americans for leveraging a virtual private network (VPN). However,…
There are various security vulnerabilities associated with using cryptocurrencies as payment methods, including the possibility of theft, hacks and fraud. For instance, hackers can take advantage of flaws in exchanges, wallets and transactions. Additionally, consumers who are the targets of scams or fraudulent transactions have little redress because cryptocurrency transactions are irreversible. The possibility of loss or theft is one…
Do Kwon may have to serve time in Montenegro if convicted of charges related to forged identification documents before any extradition to the U.S. or South Kore… Source: https://cointelegraph.com/public/index.php/news/us-and-south-korea-request-extradition-of-terra-co-founder-do-kwon
Binance CEO Changpeng “CZ” Zhao and other senior executives have been for years concealing the crypto exchange ties with China, according to documents obtained by the Financial Times. In a report on March 29, FT claims that Binance had substantial ties to China for several years, contrary to the company’s claims that it left the country after a 2017 ban…
Xrp climbed to its highest level since last May, as bullish sentiment returned to cryptocurrency markets. The token rose by as much as 17% in Wednesday’s session, with the global market cap over 5% higher. Cardano also rallied, rising by over 11%. XRP maintained its bull run on Wednesday, as prices rose by as much as 17% in today’s session.…
