OpenAI has been privately testing a new iteration of its generative artificial intelligence (AI) imaging model over the past several months, and early samples leaked by YouTuber MattVidPro show it outperforming previous image generators. “Extremely exciting—this blows anything we’ve seen before out of the water, it’s insane,” Matt said in a preview he posted to YouTube. “Midjourney cannot compete at…
Month: July 2023
Building a Discord Game with AI and Blockchain: 'Alchemy: Battle for Ankhos' Creative Lead Alex Finden
Decrypt’s Jason Nelson interviews Alchemy: Battle for Ankhos Creative Director Alex Finden at the Solana PlayGG event in San Diego, California. Source: https://decrypt.co/videos/interviews/mF18GHGo/building-a-discord-game-with-ai-and-blockchain-alchemy-battle-for-ankhos-creative-lead-alex-finden
Don’t Like Twitter’s ‘Ugly’ X Brand? Get the Bird Back With This Extension
Twitter’s rapid pace of changes may be difficult for some people to keep up with, but a few updates have ruffled more feathers than others. For users who miss the iconic bird logo, replaced on Monday with the letter X, there is hope. Software developer Cygaar has released a Google Chrome browser extension to remove the “ugly X branding” from…
Accusations of a Government Cover-Up Dominate Congressional UFO Hearing
In an over two-hour hearing, House Oversight Subcommittee on National Security members heard testimony regarding the truth of Unidentified Flying Objects (UFOs) visiting Earth. Tennessee Representative Tim Burchett said the hearing was the first of many to come. “We’re done with the cover-ups,” he said. Not wanting to be left out, crypto enthusiasts are talking up UFO-themed and alien-themed meme…
ERC-20 inventor discusses origins, new blockchains, BRC-20 and more
In 2018, Ethereum lead developer Fabian Vogelsteller contacted the community for a new standard for smart contracts he created alongside co-founder Vitalik Buterin. Dubbed ERC-20, Vogelsteller, at the time, only wished for input regarding the novel idea. Little did he know that ERC-20 would ignite a wave of initial coin offerings (ICOs) shortly after its inception to become the industry…
Judge warns Sam Bankman-Fried to ‘take it seriously’ as prosecutors push to revoke bail: Report
A federal judge overseeing the criminal case against Sam Bankman-Fried, also known as ‘SBF’, will reportedly consider revoking the former FTX CEO’s $250-million bail based on allegations of intimidation against Caroline Ellison. In a July 26 hearing in United States District Court for the Southern District of New York, individuals on site reported Assistant U.S. Attorney Danielle Sassoon requested the revocation…
Reddit Launches More Polygon NFTs—After Already Minting 18 Million Avatars
Online discussion platform Reddit has quickly become one of the biggest brands tied to NFTs, with more than 18 million of its Polygon-based Collectible Avatars minted over the last year—and now it has dropped another huge set of options. Reddit’s Collectible Avatars Gen 4 drop, titled “Retro Reimagined,” launched today, pulling together an array of artistic riffs on the site’s…
Judge suggests IRS issued $4K refund over tax lawsuit based on quality of lawyers: Report
Oral arguments began on July 26 for an appeals case on a complaint a Tennessee couple filed against the United States Internal Revenue Service (IRS) on calculating their taxes based on earnings from staking tokens. Joshua and Jessica Jarrett received a refund check from the IRS in 2021 after filing a lawsuit arguing the IRS had no right to tax…
Feds Want Sam Bankman-Fried Jailed Until Trial Over Alleged Witness Tampering
Federal prosecutors requested FTX founder and former CEO Sam Bankman-Fried be detained on Wednesday, shifting their request at the last minute. Previously, federal prosecutors wanted Bankman-Fried’s bail restrictions tightened, barring him from making extrajudicial statements. But FBI agents were present Wednesday in Manhattan federal court, prepared to take Bankman-Fried into custody. “There are no set of conditions short of detention…
SEC passes new ‘conflict of interest’ rules governing how brokers can use AI
The United States Securities and Exchange Commission (SEC) approved a set of sweeping changes to the rules governing the use of “optimization functions” by brokers in a committee vote on July 26. We have an upcoming @SECGov Open Meeting on July 26 | 10am ET We’ll be discussing:1⃣Cybersecurity Risk Management, Strategy, Governance, & Incident Disclosure2⃣Use of Predictive Data Analytics3⃣Exemption for…