Cryptocurrency exchange Kraken reportedly plans to offer users trading services for stocks listed in the United States and exchange-traded funds, or ETFs. According to a Sept. 27 Bloomberg report, the U.S.-based exchange planned to launch its trading services in the U.S. and United Kingdom sometime in 2024 through a division called Kraken Securities. Kraken’s expansion of investment vehicles beyond cryptocurrencies…
The company that renamed itself to focus on the metaverse spent most of its keynote presentation at the annual Meta Connect conference talking about artificial intelligence, further validating the sudden dominance and omnipresence of AI tech this year. Meta executives laid down a robust blueprint of how AI will be the linchpin in many company initiatives—including crafting the metaverse. The…
On Sept. 20, the Federal Reserve delivered a message that reverberated through financial markets: interest rates are expected to remain at their highest level in over two decades, and possibly for longer than most market participants’ expectations. This attitude comes against the backdrop of stubbornly high inflation, with the core inflation rate hovering at 4.2%, well above the central bank’s…
United States Rep. Tom Emmer has spoken out against Securities and Exchange Commission chairman Gary Gensler during a hearing at the House Financial Services Committee on Sept. 27. According to the lawmaker, Gensler has been loyal to Wall Street “at the clear expense of innovation, competition, and everyday Americans.” Over the course of a 4-minute questioning, Emmer hinted at Gensler’s…
Leading artificial intelligence firm OpenAI announced today that users of its ChatGPT generative AI tool will again be able to generate answers to prompts that search the web for the latest information. It’s a revival of a powerful feature that was removed from the service in July because it was being used to bypass paywalled content. ChatGPT can now browse…
Billionaire Bryan Johnson paused to take a look back at the past year and a half of developing and practicing an extreme anti-aging regimen, acknowledging that his solutions aren’t for everyone but asserting that some helpful changes are accessible to anyone. In an interview with Emmy-nominated Bloomberg journalist Ashlee Vance, Johnson said he had spent millions pursuing biological age reversal…
In this week’s newsletter, check out Glassnode data that shows nonfungible token (NFT) protocol Bitcoin Ordinals may not be clogging the network. Read about British politicians using the metaverse to discuss opportunities and challenges in Web3, and find out why Rolling Stone says NFTs are “finally totally worthless.” And don’t forget this week’s Nifty News, featuring world-renowned artist Takashi Murakami…
Decentralized exchange (DEX) Uniswap is seeking an on-chain vote to approve the second tranche of the $74 million funding for its developer Uniswap Foundation. According to the September 27 announcement, the second tranche of funding, with a buffer of 10% for price volatility, is worth an estimated $62 million and will be decided via an on-chain vote on October 4.…
IBM Quantum and Microsoft have formed a coalition to tackle post-quantum cryptography alongside not-for-profit research tank MITRE, U.K.-based cryptography firm PQShield, Google sibling company SandboxAQ, and the University of Waterloo. We’re proud to be a part of a new community of cybersecurity organizations to accelerate adoption of post-quantum cryptography in commercial & open-source technologies. Learn more about the #PQC Coalition.…
The next-generation Xbox console ecosystem could offer gamers a crypto wallet integration, according to unredacted documents published as a part of the FTC’s case against Microsoft in its planned acquisition of developer Activision. An internal Microsoft presentation slide from May 2022 viewed by Decrypt shows that the next-gen Xbox console and surrounding ecosystem would offer users a range of different…
