A new rivalry is brewing in the world of AI developments. Google’s freshly updated AI chatbot, Bard, is giving OpenAI’s ChatGPT a run for its money, threatening to topple its hegemony. On May 10, Google held its annual Google I/O conference and made Bard accessible to the world, introducing a series of upgrades aimed at keeping it ahead of the…
Month: May 2023
Ethereum Network Suffers Finality Issues—Here’s What That Means
Ethereum, the world’s second largest blockchain by cryptocurrency market cap, suffered a technical issue on Friday, causing its network to halt finalizing blocks for more than an hour. Finality takes roughly 15 minutes, and refers to the guarantee that a block cannot be altered or removed from the blockchain without burning at least 33% of the total staked ETH, according…
US lawmakers target perceived risks of crypto adoption in El Salvador with reintroduced bill
Two United States Senators from opposite sides of the political aisle have reintroduced legislation from 2022 aimed at mitigating perceived risks posed by El Salvador’s adoption of Bitcoin as a legal currency. Congressional records showed Idaho Senator James Risch and New Jersey Senator Bob Menendez introduced “a bill to require reports on the adoption of cryptocurrency as legal tender in…
Binance calls it quits in Canada, blames new rules
Binance is the latest in a string of departures from CEO Changpeng Zhao’s home country; it promises to keep working with regulators. Source: https://cointelegraph.com/app/public/index.php/news/binance-calls-it-quits-in-canada-blames-new-rules
Is Elon Musk’s Pick for New Twitter CEO a Dogecoin Maxi Too?
On Friday morning, Twitter owner Elon Musk formally announced his replacement as CEO: NBCUniversal’s current advertising chief, Linda Yaccarino. Yaccarino is a veteran media executive, having spent nearly 12 years at NBCUniversal, and 20 years before that running advertising for media conglomerate Turner Broadcasting. However, relatively little is known about her views on hot-button issues currently front-and-center for Twitter, including…
Do Kwon to Be Released on €400,000 Bail, Pleads Not Guilty in Montenegro – Bitcoin News
Terraform founder Do Kwon will be released from jail but placed under police surveillance at a local residence, a Montenegrin court has decided. The trial against him and another Korean, on charges of travelling on false documents, opened on Thursday with both pleading not guilty. Court Grants Bail Request for Do Kwon, Puts Him Under House Detention A first instance…
Bitcoin Surfing Tourists Are Flocking to El Salvador—What’s the Big Deal?
Tourists are flocking to El Salvador in record numbers, according to the country’s tourism minister. The announcement comes as the Central American country ramps up its PR campaign to show the world that it is no longer a tiny backwater plagued by hyper violent street gangs—but rather a Bitcoin and surf paradise. On Thursday, President Nayib Bukele, the country’s social…
Assassin’s Creed ‘Smart Collectibles’ Pair NFTs With 3D-Printed Physical Items
This story comes from GG. Your Web3 Gaming Power-Up Discover GG Ubisoft has been the most active major game publisher to date in the Web3 world, and now the company behind game franchises like Far Cry and Just Dance is making another NFT play—this time based around its massively popular open-world action series, Assassin’s Creed. Integral Reality Labs and Ubisoft…
Binance calls it quits in Canada, blames new rules
Binance will withdraw from the Canadian market, the cryptocurrency exchange announced on Twitter on May 12. It called its withdrawal “proactive” as new guidance issued by Canadian regulators continues to take a toll on the country’s crypto industry. Binance is joining some of its smaller competitors in the Canadian exodus brought on by the introduction of rules by the Canadian…
LG Electronics files patent for NFT-trading TV
South Korean tech company LG Electronics has filed a patent application for its blockchain-based Smart TV that allows users to trade nonfungible tokens (NFTs). The information was published on WIPO’s global database for intellectual property on May 11. According to WIPO’s documentation, a patent application is published 18 months after the filing date or the priority filing. Based on this timeline,…