Top Stories This Week Tornado Cash co-founders charged with money laundering, sanctions violations United States officials pressed charges against the co-founders of crypto mixer Tornado Cash on Aug. 23. Roman Storm and Roman Semenov were both charged with conspiracy to commit money laundering, conspiracy to commit sanctions violations and conspiracy to operate an unlicensed money-transmitting business. Storm was arrested and…
Crypto’s biggest memecoin in the 2023 bear market has officially been rugged. On-chain sleuths on Twitter caught a whopping 16 trillion PEPE tokens (worth about $16 million) being sold on various centralized exchanges like Binance, Bybit, KuCoin and OKX on Thursday. PepeCoin’s market capitalization plummeted 26% to a low of $315.72 million before recovering 7.7% to $342 million at the…
The cryptocurrency market’s recent downtrend appears to be coming to an end, as JPMorgan’s latest research suggests that most long-position liquidations have been completed. According to a Bloomberg report, analysts for the American bank estimate that the liquidations are “largely behind us.” The prediction is based on the open interest in Bitcoin (BTC) futures contracts on the Chicago Mercantile Exchange…
Amid a protracted bear market, a new conceptual framework for understanding the Bitcoin economy was launched Thursday. David Puell, research associate for ARK Invest, and James Check, lead analyst for Glassnode, co-authored a whitepaper dubbed “Cointime Economics: A New Framework For Bitcoin On-chain Analysis.” “It provides a toolkit to properly understand the economic realities of Bitcoin,” Check told Decrypt, detailing…
Judge Lewis Kaplan ordered the government to respond to Bankman-Fried’s counsel concerning appropriate access to discovery materials, as well as a request barri… Source: https://cointelegraph.com/app/public/index.php/news/judge-hear-sam-bankman-fried-defense-against-4m-pages-evidence
Decrypt previously looked at productivity plugins for OpenAI’s ChatGPT, but users need a ChatGPT subscription to use plugins. This article will discuss productivity platforms in the form of AI PDF readers that do not require a paid subscription to ChatGPT. The Portable Document Format, or PDF, is a file type used to consistently display and print documents across different devices…
Judge Lewis Kaplan ordered the government to respond to Bankman-Fried’s counsel concerning appropriate access to discovery materials, as well as a request barri… Source: https://cointelegraph.com/public/index.php/news/judge-hear-sam-bankman-fried-defense-against-4m-pages-evidence
Artificial intelligence (AI) holds tremendous potential to accelerate advancements across health and medicine, but it also comes with risks if not applied carefully, as evidenced by dueling results from recent cancer treatment studies. On the one hand, UK-based biotech startup Etcembly just announced that it was able to use generative AI to design a novel immunotherapy that targets hard-to-treat cancers.…
The synergy of AI and blockchain can revolutionize the music industry by enhancing artists’ creative capabilities while preserving transparency and fair revenue distribution among creators. AI is increasingly being used as a tool for creating new songs or imitating existing music content. That is why distinguishing human-generated music from AI-generated content is becoming increasingly difficult. Moreover, AI content is often trained…
This week markets appeared grateful for the dearth of news—”no news is good news,” as the saying goes. Most leading cryptocurrencies recovered their losses over the week after last Thursday’s flash crash sank virtually all leading cryptocurrencies by double-digit percentages. Bitcoin (BTC) currently holds the fort at $26,015, about 0.4% cheaper than it was this time last week. A lot…
