Claire Boucher, better known as her musician persona Grimes, said that AI could give her the chance to live forever, while she meanwhile imagines traveling into space on a one-way trip to Mars. In a wide-ranging, 4,500-word interview with Steven Levy of Wired, the 35-year-old avant-garde musician shared her often hopeful outlook on how emerging technologies could reshape art, business,…
A total of 18 leading venture capital investment firms including the likes of Temasek, Sequoia Capital, Sino Global and Softbank have been named as defendants in a class action lawsuit filed in Miami for their links to now-bankrupt crypto exchange FTX. The lawsuit filed on Aug.7 alleged that these investment firms were responsible for ‘aiding and abetting’ FTX fraud. The…
FTX’s former primary counsel Fenwick & West LLP has been hit with a class action suit claiming it aided the crypto exchange’s alleged multi-billion dollar fraud. An Aug. 7 filing by a group of FTX customers in a California District Court alleged the law firm set up several “shadowy entities” allowing FTX co-founder Sam Bankman-Fried and other executives to adopt…
The team behind the Cardano-based decentralized exchange MuesliSwap has made a decision to refund users that have been hit with high slippage over the past year. On Aug. 8, the MuseliSwap team said it “fell short in providing adequate clarity” on the slippage feature within its protocol. Slippage is the price difference between when a transaction is submitted and when…
Artificial intelligence is perpetuating eating disorders in young people, claims a new report released Monday. The Center for Countering Digital Hate—which is separately involved in litigation with Twitter—says generative AI tools created “harmful content,” including text and images related to eating disorders, 41% of the time. “Untested, unsafe generative AI models have been unleashed on the world with the inevitable…
All eyes are on the Securities and Exchange Commission (SEC) as it mulls a number of applications for a spot Bitcoin exchange traded fund (ETF), and two leading names in crypto are now publicly predicting that the agency will eventually give them a green light. Mike Novogratz, CEO of crypto investment manager Galaxy Digital, claimed this week that such a…
The X (Twitter) account of crypto-focused venture capital firm Blockchain Capital has seemingly been taken over by scammers attempting to lure users with the promise of a token claim. On Aug. 9, Blockchain Capital’s account made multiple posts promising a giveaway of “BCAP” tokens and directed users to a copycat website that emulates the appearance of the VC firm’s original.…
Popular AI chatbots have distinct political biases, according to tests performed by computer scientists and documented in a recent research paper. The scientists determined that OpenAI’s ChatGPT and its new GPT-4 model to be the most left-leaning libertarian chatbot, while Meta’s LLaMA leaned the furthest right and most authoritarian. “Our findings reveal that pretrained [language models] do have political leanings…
The United States’ first spot Bitcoin (BTC) exchange-traded fund (ETF) could be approved sometime before February 2024, according to Galaxy Digital CEO Mike Novogratz — citing sources at BlackRock and Invesco. “It’s a big, big deal. It’s a big deal because both our contacts, from the Invesco side and from the BlackRock side, get you to think that this is…
Credit rating agency Moody’s downgraded several regional banks on Monday, and placed some of the nation’s top firms under review for potentially similar credit ratings cuts. The lowered scores come as Bitcoin retested $30,000 on Tuesday, breaking out of a two-week lull period in which the asset failed to move 1% in either direction. Officially downgraded banks included M&T Bank…
