Sam Altman, the CEO of OpenAI and co-founder of Worldcoin, recently testified before Congress alongside IBM’s chief of trust, Christina Montgomery, and NYU professor Gary Marcus. The Senate judiciary subcommittee session represented Altman’s first official appearance before Congress, giving senators the opportunity to question the OpenAI CEO concerning his company’s views on regulation. ‘If this technology goes wrong, it can…
Month: May 2023
Surge in Ordinal Inscriptions Ignites Exponential Growth in BRC20 Token Economy – Bitcoin News
Over the past four days, there has been a surge in Ordinal inscriptions, and as a result, the BRC20 token economy has experienced significant growth with over 10,000 additional coins. The current value of the BRC20 token economy now stands at $497.75 million, comprising a total of 24,677 distinct tokens. Bitcoin Users Issued More Than 10,000 New BRC20 Tokens In…
Can you recover stolen Bitcoin from crypto scams?
The process of recovering stolen Bitcoin (BTC) from cryptocurrency scams is difficult and complex. The prevalence of cryptocurrencies has led to an increase in scams and other fraudulent practices that prey on the gullible. Numerous people have suffered significant financial losses as a result of falling for different crypto scams, such as phishing, rug pulls and hacker attacks. Although cryptocurrencies…
Signature Execs Say Crypto-Friendly Bank Was in Solid Shape
Two executives from Signature Bank reiterated on Tuesday that the now-defunct lender didn’t need to be shut down, weighing in before Congress on a high-profile collapse that looms large over the digital assets industry. The hearing was convened by the Senate Banking Committee and also focused on Silicon Valley Bank, which was seized alongside Signature in March. A Signature co-founder…
Revving Up the NFT Market: Mattel Unveils Fast & Furious Collection
Now you can enter the world of the Fast and Furious—and it won’t cost you the pink slip to your car. Timed alongside the release of the latest installment of the Fast & Furious film franchise, iconic toy maker Mattel is set to launch the newest edition of its Hot Wheels NFT Garage Series based on the global blockbuster series…
‘Trusted’ marketplace sold fake Trezor wallets stealing crypto: Kaspersky
Cryptocurrency users are once again reminded about the importance of using only authentic hardware wallets. Source: https://cointelegraph.com/app/public/index.php/news/trusted-seller-vends-fake-trezor-wallets-stealing-crypto-kaspersky
Crypto community reacts to Ledger wallet’s secret recovery phrase service
Several crypto community members, including Ledger wallet owners, have taken to social media to express their discontent following the release of Ledger’s latest feature. The newly introduced retrieval solution for itshardware crypto wallets, known as Ledger Recover, aims to offer a safeguard in case users misplace their seed phrase. Exciting update, Ledger has a new product, Ledger Recover, that’s launching…
DeFi Debt Tokens? They’re Outperforming Bitcoin and Ethereum in 2023
Tokenized versions of real world assets, like commodities and real estate, have outperformed Bitcoin and Ethereum so far in 2023, according to a new report from blockchain analytics firm Nansen. The report delves into the terrain of real world assets, or RWAs, and how they are being onboarded onto blockchains through various instruments. It also marks the debut of Nansen’s…
Why Relics and Steve Aoki Are Building NFT Jukeboxes for the Metaverse
Can’t go anywhere in the real world without bringing along your favorite tunes? You’re not alone—and NFT startup Relicsxyz (a.k.a. Relics) is betting that there are enough people who will want to do the same in the metaverse. Relics has teamed up with DJ and Web3 champion Steve Aoki to launch the Idol III, a fully digital, metaverse-ready music player…
Tom Hanks Says AI Could Keep Him Alive in Hollywood Until ‘Kingdom Comes’
Tom Hanks believes his career as an actor could endure even if he were to be “hit by a bus.” This is thanks in part to recent developments in AI and his digital appearance in The Polar Express. “I could be hit by a bus tomorrow and that’s it, but my performances can go on and on and on and…