A multidisciplinary research team from the University of Oxford recently developed a GPU-accelerated limit order book (LOB) simulator called JAX-LOB, the first of its kind. JAX is a tool for training high-performance machine learning systems developed by Google. In the context of a LOB simulator, it allows artificial intelligence models to train directly on financial data. The Oxford research team…
Month: September 2023
Bored Ape Creator Giving Away Bitcoin in Ordinals Puzzle Game
The creator of the Bored Ape Yacht Club is promising puzzles, prizes, and Bitcoin with its latest initiative. Created around its generative art collection TwelveFold, Yuga Labs has launched a cipher puzzle series inspired by the Bitcoin-based artwork—and will be giving out Bitcoin as prizes to participants. “The TwelveFold puzzles stay true to the inspiration behind the collection—the relationship between…
Regulated Liability Network identifies proof-of-concept case with digital pound
The Regulated Liability Network (RLN) has completed its United Kingdom discovery phase and is prepared to proceed to a use case with retail central bank digital currency (CBDC), according to its latest report. The RLN project seeks to accommodate central bank, commercial bank and regulated non-bank transactions operating within “partitions” on a single network. The RLN is a regulated financial…
Epic Games Embraces AI In Games, In Break With Steam
Epic Games signaled this week that its digital storefront would welcome games containing AI-generated art, text, or other elements, even as competitor Valve has moved to block such content on its dominant PC platform Steam. The dueling policies represent a rare public divide between the two gaming giants, which have increasingly postured to be the preferred venue for developers as…
MetaMask launches feature to sell ETH for fiat
Cryptocurrency wallet MetaMask has announced the launch of a feature allowing users to sell Ether (ETH) for fiat currency. In a Sept. 5 post on X — formerly Twitter — MetaMask said users with crypto wallets connected to the platform’s Portfolio decentralized application would be able to cash out ETH and send fiat to their bank accounts in the United…
Computer science experts say US should create new fed agency for AI: Survey
A plurality of experts believe the United States should create a new federal agency dedicated to artificial intelligence governance, according to a survey conducted by Axios, Generation Lab, and Syracuse University. The survey polled 215 computer science professors across 65 of the most prestigious universities in the U.S. on topics related to AI. we polled 213 computer science professors on…
Visa Promises Faster Credit Card Payments With USDC on Solana
Payments giant Visa today said it was expanding its crypto ambitions—this time by using stablecoin USD Coin and the Solana blockchain. The company said Tuesday that it was working with merchants to move millions in USDC, the sixth largest digital asset on Tuesday with a $26 billion market cap according to CoinGecko. Meanwhile, Solana’s native token, SOL, saw a 4%…
Bitcoin price metric copies move that last came before -25% FTX crash
Bitcoin (BTC) could have dropped much more last week after one on-chain metric repeated its move from the FTX crash. As noted on Sep. 5 by James Straten, research and data analyst at crypto insights firm CryptoSlate, the SLRV Ratio has “flipped” for the first time since November 2022. Bitcoin SLRV Ratio channels FTX warning BTC price weakness is getting…
‘Pixel Pioneer’: Christie’s to Auction Keith Haring Digital Art as NFTs
Known for his era-defining pop art in the 1980s tied to his social activism, Keith Haring’s work stands the test of time. Now, a selection of digital drawings that the late artist created in 1987 will be sold by auction house Christie’s as Ethereum NFTs. On Tuesday, Christie’s announced that it will host “Keith Haring: Pixel Pioneer,” an online auction…
USD Coin officially expands to Base and Optimism networks
Circle’s USD Coin (USDC) has launched natively on both Base and Optimism networks, allowing Circle account holders to send USDC stablecoin from their accounts to Base or Optimism. Coinbase has also made USDC transfers to Base available, according to a Sept. 5 social media post. Circle claimed that it is working with “ecosystem partners” to develop a system for users…