Central bank digital currencies (CBDCs) are poised to give politicians unprecedented power to track your data, restrict your movements, and control your life. Source: https://cointelegraph.com/public/index.php/news/how-will-cbdcs-political-oppression-your-country
Month: October 2023
Even the Worst Version of Claude AI Is Better Than GPT 3.5, Researchers Say
The AI industry is witnessing a riveting competition between the notable ChatGPT and Claude AI models. The Large Model Systems Organization (LMSO), responsible for creating the Chatbot Arena and the renowned Vicuna Model, has just updated their Chatbot Arena Leaderboard, reflecting how each AI chatbot measures up to its competitors. Turns out Anthropic is giving OpenAI a run for its…
FTX deposits went to account controlled by Alameda for months, Yedidia testifies
Adam Yedidia, Sam Bankman-Fried’s college roommate and an early employee of FTX, continued his testimony on Oct. 5, the second day of former FTX CEO Bankman-Fried’s trial in New York. Yedidia was testifying for the prosecution with immunity. Under examination by Assistant U.S. Attorney Danielle Sassoon, Yedidia told the court that he started as a trader for Alameda Research and…
FTX Insider Gary Wang: Sam Bankman-Fried Allowed Alameda to Withdraw Unlimited Funds
FTX co-founder Gary Wang testified in court that Sam Bankman-Fried and his inner circle committed wire fraud. “We allowed Alameda to withdraw unlimited funds,” Wang said on Thursday afternoon, referring to trading desk Alameda Research having access to customer deposits of the crypto exchange FTX. FTX co-founder Gary Wang pleaded guilty and agreed to cooperate with authorities in the FTX…
‘Cyberpunk 2077’ Goes Hollywood as Game Sells 25 Million Copies
CD Projekt Red—maker of the Cyberpunk 2077 and The Witcher video games—is developing a new live-action project with Hollywood production company Anonymous Content based on Cyberpunk 2077’s world, the game studio announced Thursday. While few details about the project have been revealed, Anonymous Content Studios’s Head of Television, Garret Kemble, is overseeing the live-action adaptation alongside Anonymous’ Director of Development…
How will CBDCs be used for political oppression in your country?
Central bank digital currencies (CBDCs) have emerged as a prominent topic in the financial world. They promise elevated stability, security, efficiency, and reduced corruption. Central banks, the International Monetary Fund, the World Economic Forum, and the World Bank tell us CBDCs are a panacea waiting to cure all that ails our financial system. Unfortunately, those claims may not match reality,…
‘We allowed Alameda to withdraw unlimited funds’ — Gary Wang at SBF trial
Gary Wang, the co-founder and former chief technology officer of cryptocurrency exchange FTX, was the latest witness to testify in the criminal trial of former CEO Sam “SBF” Bankman-Fried. According to reports from Inner City Press, Wang addressed the courtroom on Oct. 5 following testimony from former FTX developer Adam Yedidia and Paradigm co-founder Matt Huang. The former CTO reportedly…
Bored Ape Creator Yuga Labs Invests in Spatial Computing Startup to Power ‘Otherside’
Yuga Labs, the creator of the Bored Ape Yacht Club NFT brand, announced today that it has made a strategic investment in Hadean, a spatial computing startup that is helping bring Yuga’s upcoming Otherside metaverse game to life. Hadean is providing technology to help scale the game to potentially support vast numbers of players at the same time. More than…
Bitcoin due new local low? Watch these BTC price levels as $28K rejects
Bitcoin bulls struggle to top their highs from the start of the week, while BTC price forecasts diverge over what could be next. Source: https://cointelegraph.com/app/public/index.php/news/bitcoin-new-local-low-btc-price-levels-28k-rejects
College roommate talked to Sam Bankman-Fried about FTX’s $8B hole on a paddle tennis court: Trial
Adam Yedidia, a former developer at FTX, testified regarding his knowledge of the crypto exchange’s use of funds, claiming “Alameda had used customer deposits t… Source: https://cointelegraph.com/public/index.php/news/college-roommate-sam-bankman-fried-ftx-8b-hole