Wizards of the Coast, publisher of the popular Dungeons & Dragons (D&D) role playing game, acknowledged on Saturday that one of its hired artists had used artificial intelligence in creating imagery included in one of its upcoming books, and said updated guidelines are coming. The Hasbro-owned company said on Twitter that it had reached out to Ilya Shkipin, a California-based…
Cryptocurrency exchange Huobi has seen outflows worth $64 million between Aug. 5-6, amidst ongoing rumors about its solvency and that Chinese authorities were investigating its executives. Outflows over the weekend resulted in the exchange’s total value locked (TVL) falling to $2.05 billion at the time of writing, down from $3.09 on July 6. Rumors that the exchange’s leadership had been…
Illustration by Mitchell Preffer for Decrypt While most of the leading coins posted light to moderately heavy losses over the week due to the scarcity of regulatory or institutional news, crypto Twitter was ablaze with rumors that disgraced former FTX CEO Sam Bankman-Fried had rug pulled a memecoin from house arrest. Scimitar Capital analyst Alex, who tweets using the handle…
Crypto lender Hodlnaut appears to have found a white knight investor to exit its bankruptcy proceedings. According to a Bloomberg report, OPNX exchange has made an offer to take over 75% of the company. The deal would see a capital injection of nearly $30 million worth of FLEX tokens into Hodlnaut to partially cover creditors’ payout and outstanding claims. According…
Despite a brief rally, the XRP (XRP) price did not reach anticipated levels after a recent favorable court ruling for the token. Among those with ambitious price targets for the cryptocurrency is pro-XRP lawyer John Deaton. Deaton addressed a post from a user named Moon Lambo on X (formerly Twitter), who criticized complaints from certain investors about slow price gains…
Bitcoin (BTC) is preparing a “full bull” BTC price phase in classic style, market cyclist Cole Garner believes. In social media analysis on Aug. 6, the popular on-chain analyst said that major upside awaits both Bitcoin and the broader crypto market. Bitcoin “bull market’s backbone” strengthening BTC price action continues to stagnate, but those looking further into the future are…
The developers at Tether are in the process of preparing the release of innovative JavaScript libraries. These libraries are specifically created to facilitate the transmission of commands and signals to Bitcoin (BTC) mining hardware, encompassing popular devices like WhatsMiner, AvalonMiner and Antminer. As per a post shared on August 5 by Paolo Ardoino, the chief technology officer (CTO) of Bitfinex…
Elon Musk stated that his social media company X (formerly Twitter) will fund the legal bills of any user that was treated unfairly by their employer for engaging with content on the platform. In an April 6 X thread announcing the move, Musk said that lawsuits of any scale will be supported: “If you were unfairly treated by your employer…
The Federal Bureau of Investigation has warned of criminal actors that are hijacking social media accounts and posing as legitimate people in the nonfungible token and crypto space. It also raised concerns over spoof websites that dupe victims into thinking they are using legitimate platforms in an effort to steal their NFTs/crypto. The warning comes as the number of victims…
Artificial intelligence is unquestionably the next big battleground for big tech. So much hype has surrounded AI that top execs at Amazon, Meta, Apple, and AMD all reported major pushes into AI capabilities and applications in their latest quarterly earnings calls. On Amazon’s Q2 update, CEO Andy Jassy highlighted AI as “at the heart of what we do,” saying the…
