Illustration by Mitchell Preffer for Decrypt. It was another week of fairly stable prices for leading cryptocurrencies. Bitcoin (BTC) grew 3% over the seven days and started Saturday trading at $26,564, while Ethereum (ETH) remains more or less at the same price it was seven days ago at $1,636. Ethereum’s growth may have been hobbled by reports that its…
Crypto gaming and metaverse investment giant Animoca Brands has unveiled plans this week through one of its subsidiary companies to launch a first-of-its-kind metaverse ecosystem token on Bitcoin via the Ordinals protocol. Game studio Darewise Entertainment (aka Life Beyond Studios), an Animoca subsidiary, aims to create an all-encompassing metaverse ecosystem built around Bitcoin Ordinals—a protocol that lets users inscribe NFT-like…
The week ended poorly for tech billionaire Mark Cuban, who decided to dabble in crypto after months of inactivity and fell victim to a crypto scam late Friday. Although blockchain watchers flagged the transactions, allowing him to move other holdings to safety, he lost $870,000 across a number of cryptocurrencies. The entrepreneur managed to hold onto the crypto he had…
The small but passionate community of AI visual artists has been buzzing with discussions surrounding Google’s rules relating to the use of Stable Diffusion—arguably the world’s most utilized open-source image generator—on its cloud computing platform, Google Colab. Some users say they are being banned from running the application on the tech giant’s cloud platform, which has otherwise been an instrumental…
From the growth of AI assistants to the rise of generative AI, here are some key trends that are expected to grow over the coming years. Source: https://cointelegraph.com/app/public/index.php/news/five-ai-trends-to-look-forward-to-in-2023-and-beyond
Mark Cuban confirmed that he was hacked but doesn’t know precisely how. Source: https://cointelegraph.com/public/index.php/news/mark-cuban-hot-wallet-hacked
Network, futures and user data all point toward Ether potentially charting a new course. Source: https://cointelegraph.com/app/public/index.php/news/3-key-ethereum-price-metrics-suggest-that-eth-is-gearing-up-for-volatility
While Screen Actors Guild members continue to fight for protections from the use of artificial intelligence tools by studios, some prominent actors and celebrities are reportedly embracing AI technology—at least to stay a step ahead of those intent on exploiting their likenesses. Startup Metaphysic AI says its Metaphysic Pro tool can give public figures a new lease on their digital life…
Mark Cuban confirmed that he was hacked but doesn’t know precisely how. Source: https://cointelegraph.com/app/public/index.php/news/mark-cuban-hot-wallet-hacked
The decentralized finance (DeFi) ecosystem has suffered more setbacks in August as on-chain economic activity dwindled. According to an analysis from investment manager firm VanEck, exchange volume declined to $52.8 billion in August, 15.5% lower than in July. The findings are based on VanEck’s MarketVector Decentralized Finance Leaders Index (MVDFLE), which tracks the performance of the largest and most liquid…
