Assets will be sold off weekly, with special handling for BTC, ETH and “insider-affiliated tokens.” Source: https://cointelegraph.com/app/public/index.php/news/court-approves-sale-ftx-digital-assets
Month: September 2023
You Can’t Beat the Real Thing? AI Is Making Coca-Cola Flavors Now
In a play to market its futuristic vision, Coca-Cola has invited global enthusiasts to not merely taste, but experience what the year 3000 might hold: a blend of flavors created with the help of AI. Coca-Cola Y3000 Zero Sugar is the result of a blend of human perspective and artificial intelligence. The company said it wanted to take insights gathered…
SWIFT enrolls 3 central banks in CBDC interoperability beta test, expands sandbox
Three central banks have joined the beta phase of bank messaging platform SWIFT’s central bank digital currency (CBDC) interoperability project, the company announced Sept. 13. It has also entered a new phase of sandbox testing, it said. The Hong Kong Monetary Authority, the Central Bank of Kazakhstan and an unnamed central bank have integrated their infrastructure with SWIFT’s “CBDC connector…
Court approves sale of FTX digital assets
Assets will be sold off weekly, with special handling for BTC, ETH and “insider-affiliated tokens.” Source: https://cointelegraph.com/public/index.php/news/court-approves-sale-ftx-digital-assets
It Wasn’t PayPal—Paxos Fat Fingered $510,000 Bitcoin Transaction
Crypto infrastructure provider Paxos has claimed responsibility for a Bitcoin (BTC) transaction that needlessly paid a $510,000 fee to the network earlier this week. In an email to Decrypt, a Paxos spokesperson confirmed that the company “overpaid the BTC network fee on Sept. 10, 2023,” due to a bug impacting a single transfer, which has since been fixed. “This only…
Alibaba launches its ChatGPT-like AI model for public use amid loosening restrictions in China
Alibaba announced that its proprietary large language model, an artificial intelligence system called Tongyi Qianwen, will be available for public and enterprise access throughout China starting Sept. 13. Tongyi Qianwen is a ChatGPT-like large language model trained on a corpus of English and Chinese text. While its exact specifications aren’t known — early rumors indicated it would be trained with…
Pedophile Rings Are Using AI to Create Child Pornography, UK Group Warns
A UK-based internet watchdog group is sounding the alarm over a surge in the amount of AI-generated child sexual abuse material (CSAM) circulating online, according to a report by The Guardian. The Internet Watch Foundation (IWF) said pedophile rings are discussing and trading tips on creating illegal images of children using open-source AI models that can be downloaded and run…
What Happens to Mila Kunis’ Stoner Cats NFTs After SEC Settlement?
Today, the United States Securities and Exchange Commission (SEC) announced that “Stoner Cats,” the animated, NFT-backed web series created by Mila Kunis’s production studio, violated federal securities laws when it sold NFT passes to view the video content. But what happens now? The company behind the show, which leveraged the voice talents of numerous A-list stars including Kunis, Ashton Kutcher,…
Court approves sale of FTX digital assets
The Delaware bankruptcy court has approved the sale of FTX digital assets. Judge John Dorsey made the ruling at a hearing on Sept. 13. Major changes were made to the order authorizing the sale on the previous day. FTX will be allowed to sell digital assets excluding Bitcoin (BTC), Ether (ETH) and “certain insider-affiliated tokens” in weekly batches through an…
Paxos confirms it’s responsible for $500K mistaken Bitcoin transaction
The account that overpaid $500,000 in fees on Sept. 10 for a Bitcoin (BTC) transfer belonged to Paxos, according to a Sept. 13 statement from the company. Paxos claimed that end users have not been affected and all user funds are safe. Paxos is most well-known as the issuer of stablecoins, including PayPal USD (PYUSD) and Pax Dollar (USDP), but…