The biggest new memecoin of 2023, Pepe (PEPE) suffered one of the worst possible fates that can befall a new crypto asset; a partial rug pull — after its anonymous developers abruptly sold nearly $16 million worth of the token on Aug. 24. The official Pepe X (formerly known as Twitter) account explained the drop was due to “three ex-team…
Month: August 2023
Grayscale win ‘clears a path’ for Bitcoin innovation
United States presidential candidate Vivek Ramaswamy has lauded Grayscale’s recent victory over the federal securities regulator, arguing the decision will help keep Bitcoin and blockchain innovation from going overseas. In an Aug. 30 post on X (formerly Twitter) the pro-Bitcoin Republican candidate took shot at a “shadow” U.S. government, pointing the blame towards the “unlawful rogue behaviors of “3-letter government…
Bitcoin ETFs have 75% chance of approval this year: Bloomberg analysts
Bloomberg ETF analysts raised their odds for a spot Bitcoin ETF approval after the recent Grayscale victory against the SEC. Source: https://cointelegraph.com/app/public/index.php/news/spot-bitcoin-etf-chance-raised-after-grayscale-victory-bloomberg
AI Can Shrink ‘Time to Market’ for Web3 Startups: Google Cloud Executive
The mainstream push for artificial intelligence has prompted many investors to shift their focus away from cryptocurrency and instead invest in generative AI startups, hoping to find the next Google Bard or OpenAI’s ChatGPT. While speculators bet on the next big thing, however, Google Cloud’s Engineering Director of Web3, James Tromans, says the global tech giant aims to bridge the…
India Opens a 3D Printed Post Office, Boosting Hopes for Housing
Bricks are boomer tech now. India recently celebrated the opening of its first-ever 3D printed post office. Located in Bengaluru—the capital and largest city of the southern Indian state of Karnataka—the bold structure was made possible through a collaboration between the Indian Institute of Technology (IIT) Madras and multinational engineering conglomerate Larsen & Toubro. The post office was completed in…
Coinbase CEO Brian Armstrong Reveals His 10 Favorite Crypto Innovations
Coinbase co-founder and CEO Brian Armstrong is having a good week, his company stock value soaring as hopes for a Bitcoin spot ETF surged. Perhaps feeling generous, he shared ten emerging ideas in the cryptocurrency space that he said excite him. In a Twitter Spaces monologue that ran for more than 20 minutes, the executive said he wanted to “put…
Uniswap lawsuit judge calls Ether a commodity in dismissal order
A United States District Court judge has called Ether (ETH) a commodity in her dismissal of a class action lawsuit against the decentralized exchange Uniswap. In an Aug. 30 dismissal order of the case brought by Uniswap users who claimed they lost money due to scam tokens on the exchange — Judge Katherine Polk Failla wrote ETH and Bitcoin (BTC)…
Bitcoin ETFs have 75% chance of approval this year: Bloomberg analysts
Bloomberg analysts have raised the probability for an approved spot Bitcoin exchange-traded fund (ETF) by the end of 2023, following a recent Grayscale victory against the federal securities regulator. In a Aug. 30 post on X (Twitter), Bloomberg senior ETF analyst Eric Balchunas said they have raised the chances to 75% from an earlier 65% — due to the unanimity…
Can AI Make ‘Call of Duty’ Matches Less Toxic? We’re About to Find Out
Game developers are looking for ways to clamp down on abusive language online—and the massively popular shooter franchise Call of Duty is notorious amongst gamers for toxic players, as a 2022 study reinforced. Now publisher Activision is trying to do more about it, with help from AI. Call of Duty is turning to artificial intelligence to moderate voice chats in…
The Pentagon Is Accelerating AI and Autonomous Technology
Everyone is racing to ride the AI wave, and the U.S. military doesn’t want to be late to the party. Deputy Secretary of Defense Kathleen Hicks unveiled the Pentagon’s new Replicator initiative at a defense innovation conference on Monday. The goal, she said, is to “field attritable autonomous systems at scale of multiple thousands, in multiple domains, within the next…