Former U.S. President Donald Trump has urged Republican lawmakers to let the U.S. default on its debt obligations if the Democrats do not agree on “massive” spending cuts. Trump, who is also running for president in 2024, stressed that letting the U.S. default is “better than what we’re doing right now because we’re spending money like drunken sailors.” Donald Trump’s…
The soon-to-be-former CEO will become Twitter’s executive chair and chief technology officer, overseeing product, software and system operations. Source: https://cointelegraph.com/public/index.php/news/elon-musk-announces-he-will-step-down-as-twitter-ceo
The National Bank of Ethiopia (NBE) has issued a mobile money-service license to Safaricom M-Pesa Mobile Financial Service, it announced May 11. Previously, only Telebirr, part of the state-owned Ethio Telecom network, operated in that market. Kenya-based Safaricom was also the first company to break Ethio Telecom’s monopoly on Ethiopian mobile phone service in October, through its Safaricom Telecommunications Ethiopia…
The lucrative world of proof-of-work altcoin mining was a spectacle to behold, rewarding miners with staggering profits… until Ethereum took a detour towards proof of stake. But an emerging industry is grabbing the attention of those who found themselves with hundreds of idle graphics cards after the merge: AI. This newfound tech darling, spurred by the inception of ChatGPT, requires…
The newly launched crypto wallet by Kresus requires users to sign in with “magic links,” meaning password hashes don’t need to be stored. Source: https://cointelegraph.com/app/public/index.php/news/new-wallet-uses-amazon-hardware-security-modules-to-eliminate-seed-words
Twitter chief executive officer Elon Musk has announced that he will be transitioning to executive chair and chief technology officer of the social media platform in roughly six weeks. In a May 11 tweet, Musk said he hired a new CEO for X Corp. — Twitter’s parent company — who will likely replace him starting in late June or early July.…
Reports of the demise of Meta’s metaverse plans have been greatly exaggerated—at least according to an executive from the Facebook-owning social media giant whose rebrand ignited the buzzword in 2021. At a press event hosted by Meta today in New York City to announce the company’s new AI Sandbox generative tools for advertisers, Meta’s Head of Global Business Group Nicola…
With millions of albums sold and a sizable global following, heavy metal band Avenged Sevenfold is arguably the largest music act building in the Web3 space today—from launching its own NFT-based club to helping ticketing giant Ticketmaster roll out token-gated ticket sales. Avenged Sevenfold frontman Matt Sanders (a.k.a. M. Shadows), himself an avid NFT collector and CryptoPunks and Bored Ape…
Paradigm, the crypto investment firm led by Coinbase co-founder Fred Ehrsam, has petitioned to file an amicus brief in support of Coinbase’s case against the United States Securities and Exchange Commission (SEC). In March, Coinbase received a Wells notice from the SEC, potentially leading to the financial regulator taking enforcement action against the U.S.-based crypto exchange. In response, Coinbase filed…
How Mirandus is Innovating Video Game Audio Mirandus’ Lead Developer and Gala Games Cofounder Michael McCarthy tells Decrypt’s Kate Irwin about the game’s thoughtful approach to audio design and the technologies being built to support the MMORPG’s immersive world. Source: https://decrypt.co/videos/interviews/kLHZIUsl/how-mirandus-is-innovating-video-game-audio
