Even AI can’t make up its mind sometimes. The industry is generated a ton of hype, but crypto tokens pegged to the technology have aren’t seeing big gains. Crypto data provider Kaiko writes that interest for AI-affiliated tokens has remained flat despite the billions of dollars that have poured into AI startups. Overall, writes Kaiko, interest is down, although at…
BTC price action reflects a tug-of-war between weak bulls and bears, but Bitcoin breaking down is firmly on the cards. Source: https://cointelegraph.com/public/index.php/news/bitcoin-bids-lowest-since-march-btc-price-dips
OpenAI and Microsoft have been named as the defendants in yet another class action lawsuit over their alleged use of web scraping techniques to obtain supposedly private data for the use of training ChatGPT and other associated artificial intelligence models. The most recent class action suit was filed on Sep. 5 in San Francisco by a law firm representing a…
The artificial intelligence community has a new feather in its cap with the release of Falcon 180B, an open-source large language model (LLM) boasting 180 billion parameters trained on a mountain of data. This powerful newcomer has surpassed prior open-source LLMs on several fronts. Announced in a blog post by the Hugging Face AI community, Falcon 180B has been released…
Former FTX CEO Sam Bankman-Fried, also known as SBF, lost an initial appeal to return to being free on bail prior to his criminal trial. In a Sept. 6 filing in the United States Court of Appeals for the Second Circuit, Clerk of Court Catherine O’Hagan Wolfe said a circuit judge had denied a motion from SBF’s legal team requesting…
In this week’s newsletter, read about how German flagship airline Lufthansa uses nonfungible tokens (NFTs) to reward loyal customers and how soccer superstar Cristiano Ronaldo teased his future NFT plans during a lie detector test. Check out why a law professor believes the metaverse should be taxed, and find out how artificial intelligence (AI) and NFTs can provide a personalized…
Cathie Wood’s Ark Invest moved to establish America’s first spot Ethereum ETF on Wednesday, according to a filing with the Securities and Exchange Commission. Dubbed the ARK 21Shares Ethereum ETF, the application resembles those for spot Bitcoin ETFs that were recently delayed by the SEC. The regulator said last week that it needs more time to decide on several following…
Bitcoin miner Riot Platforms mined fewer Bitcoin (BTC) in August than July, but received over $31 million in power credits. That is the equivalent of around 1,136 BTC, CEO Jason Les pointed out in a statement. Riot received an estimated $24.2 million in power curtailment credits under its contract with Texas grid operator Electric Reliability Council of Texas (ERCOT) and…
Crypto exchange Binance has created an automated smart contract to reimburse users following the events of the Xirtam rug pull. According to a Sept. 6 announcement, users affected by the Xirtam rug pull can receive their money by connecting their wallets to Etherscan, passing a verification check, and calling the claim function through the contract address. Users must have submitted their…
Roman Storm, the co-founder of controversial cryptocurrency mixer Tornado Cash arrested in August, has reportedly pleaded not guilty to all charges related to money laundering and violations of United States sanctions. According to an Sept. 6 X thread from Inner City Press, Storm pleaded not guilty before a judge in U.S. District Court for the Southern District of New York.…
