None Trading, a trading tool for cryptocurrencies and nonfungible tokens built on Discord, has shut down due to a “critical exploit” within its infrastructure. According to the September 20 announcement, None Trading developers said that it has “lost a significant amount of funding” as well as “team tokens” crucial for its operations. “Alongside this, we have lost 3 core team…
Decentralized crypto exchange Hashflow has launched a competitive gamified financial experience called the Hashverse, which offers narrative and educational quests around decentralized finance (DeFi) activities like trading cryptocurrency. In the Hashverse, traders will be able to choose a character avatar, stake tokens, complete various browser-based “quests,” mint Hashverse character NFTs, climb the leaderboard, and earn or potentially win HFT—Hashflow’s governance…
The Author’s Guild in the United States opened a class-action lawsuit against the Microsoft-backed OpenAI on Sept. 19 due to its alleged misuse of copyrighted material in the training of its artificial intelligence (AI) models. According to court documents, the oldest and largest professional organization for writers in the U.S. is operating under the Copyright Act and seeking “redress” for…
The launch of generative AI products over the past nine months has the world talking about how it will change the future. Many are frightened. Others are excited about the opportunity. A report last month from Next Move Strategy Consulting predicts the AI industry will grow 20x in the next seven years, creating a $2 trillion business, up from its…
Inactive Bitcoin addresses have hit all-time highs across one-, three- and five-year time domains while BTC outflows from exchanges continue. Source: https://cointelegraph.com/app/public/index.php/news/bitcoiners-stacking-inactive-btc-supply-hits-all-time-highs
The ongoing legal battle between the Binance cryptocurrency exchange and the U.S. Securities and Exchange Commission (SEC) took a surprising turn on Sep. 18. Magistrate Judge Zia M. Faruqui rejected the SEC’s request for access to Binance.US’s systems. Instead, the Federal Magistrate suggested that the SEC should formulate specific discovery requests. While this decision only temporarily postponed the need for…
Digital currency investment company Grayscale is the latest firm to file for a new Ethereum futures’ exchange-traded fund (ETF) with the Securities and Exchange Commission (SEC). Grayscale on Sept. 19 officially proposed to list and trade shares of the Grayscale Ethereum Futures Trust (ETH) ETF under the New York Stock Exchange (NYSE) Arca Rule 8.200-E. The proposal is pursuant to…
Wormhole has integrated Circle’s Cross-Chain Transfer Protocol (CCTP), allowing USD Coin (USDC) to be transferred between Ethereum, Avalanche, Arbitrum and Optimism via Wormhole-based bridges, according to a Sept. 20 announcement. The new feature is available to end-users via the Portal bridge, and developers can integrate it into their own apps using Wormhole Connect. Portal USDC bridge. Source: Portal The Wormhole…
Bard is an AI-powered chatbot and Google’s answer to ChatGPT. According to Google, it’s still an “experiment,” but like ChatGPT, we will be able to use it more and more in our everyday apps. Can Bard compete? It’s a cliche, but Open AI’s ChatGPT did take the world by storm when it launched in 2022. The event catapulted AI and…
One of the UK’s leading regulators, the Financial Conduct Authority (FCA), allegedly came under “political pressure” to approve crypto firms that now face criminal investigations overseas, according to its former chair Charles Randell. Randell was speaking at a conference on Tuesday hosted by the Bank of England regulatory body, the Prudential Regulation Authority. “In the context of crypto, in my…
