Artist compensation is a hot-button issue given the rapid adoption of artificial intelligence in the entertainment industry, the tech a major sticking point in labor and union negotiations. While many are concerned that AI is coming to take jobs or launch a thermal nuclear war, however, September Mourning frontwoman Emily Lazar says the fear of AI is overblown, and that…
The United States military has begun tests to see if generative AI can assist when planning responses to potential global conflicts or taking on more mundane tasks like providing faster access to internal information. On July 6, Bloomberg reported the U.S. Department of Defense and unnamed allies are, for the first time, testing five AI large language models (LLMs) in…
It’s been one of the most lucrative quarters for those that profit from Bitcoin transaction fees in nearly two years. Source: https://cointelegraph.com/public/index.php/news/bitcoin-miners-raked-millions-in-fees-q2-amid-ordinals
As Twitter’s most formidable competitor comes online, it also received regulatory approval from three U.S. states that serve a much broader vision for the social media company. New Hampshire, Michigan, and Missouri have approved Twitter’s application to serve as a money transmitter, laying the groundwork for the social media app to expand into payments and other financial services. Money transmitter…
Bitcoin (BTC) miners made a lofty $184 million from transaction fees in the second quarter, far more than what they pocketed over the entire 2022 — as Bitcoin’s price surged and BRC-20 tokens flourished. The $184 million payout is more than a 270% increase from the first quarter of 2023 and it is the first quarter to have surpassed the $100…
Entrepreneur Nicole Steel is on a mission to fuse old-world craftsmanship with Web3 technology, in an effort to fight against counterfeiting and onboard more people to blockchain by speaking their language. On Tuesday evening during Paris Haute Couture Week, she unveiled a collection of luxury connected cuffs for the Apple Watch—the latest product offering from La Maison Steel, the brand…
Investigators from the Commodity Futures Trading Commission have reportedly concluded that bankrupt crypto lender Celsius and its former CEO Alex Mashinsky broke U.S. rules before the company collapsed. According to a July 5 report from Bloomberg, citing sources familiar with the matter, the attorneys from the CFTC’s enforcement division found that Celsius misled investors, failed to register with the appropriate regulator,…
On-chain derivatives are set to become the next big growth sector in the decentralized finance (DeFi) space, says Henrik Andersson, the chief investment officer of Australian crypto investment firm Apollo Capital. In a wide-ranging interview with Cointelegraph, Andersson said he thinks the increasing popularity of decentralized spot trading will inevitably lead to outsized demand for decentralized derivatives. “The first decentralized…
Although the countdown showed nearly 14 hours left to go, the Threads app is now available for download from the Apple App Store. The joy of posting to a brand new social media timeline is palpable, as users flood into the Instagram-based spinoff. This is a developing story and will be updated as more information becomes available. Stay on top…
Valve allows AI content on Steam Game developers can use AI-generated content in games listed on Steam. But only if it isn’t generated using copyright-infringing content. That’s the official line from Valve, the creators of game publishing platform Steam, which it made in response to a June Reddit post that’s been making the rounds about a developer who had his…
