Members of the United States House of Representatives have chosen Mike Johnson to be the body’s next speaker — the second in line to the U.S. presidency and a very powerful figure in Congress. In an Oct. 25 vote, all 220 Republicans present in the House voted for Johnson, while 209 Democrats cast ballots for Representative Hakeem Jeffries. The vote…
Month: October 2023
Neon Machine raises $20M Series A for blockchain-based Call of Duty competitor ‘Shrapnel’
Web3 gaming developer Neon Machine raised $20 million in series A funding toward the development of its highly-anticipated extraction shooter “Shrapnel.” This round follows a $10.5 million seed round completed in June of 2021. It was led by Polychain Capital and included funding from Griffin Gaming Partners, Brevan Howard Digital, Franklin Templeton, IOSG Ventures, and Tess Ventures. Shrapnel is an…
FTX and Alameda linked wallets transfer $10M of crypto to exchanges in just 5 hours
Wallets linked to bankrupt crypto firms Alameda Research and FTX transferred over $10 million worth of cryptocurrency to exchange deposit accounts in five hours on October 24-25, according to data from blockchain analytics platform Spot On Chain. The movement of these funds may indicate that the firms plan to sell some assets to pay back creditors. #FTX and #Alameda related…
Bitcoin price chases after $35K as BTC derivatives data signals fresh inflow
Bitcoin’s (BTC) price action is the talk of the town this week and based on the current sentiment expressed by market participants on social media, one could almost assume that the long-awaited bull market has started. As Bitcoin’s price rallied by 16.1% between Oct. 22 and Oct. 24, bearish traders using futures contracts found themselves liquidated to the tune of…
Are You Playing Starfield? Over 11 Million Gamers Are, Says Microsoft CEO
Starfield, Skyrim developer Bethesda’s latest release, became the top best-selling premium game in dollar sales since its release on September 6. According to Circana data, Starfield was the top paid game last month, beating out Warner Bros. Games’ Mortal Kombat 1, EA Sports FC 24, and Madden NFL 24. At time of writing, Starfield is also the seventh best-selling premium…
Will Sam Bankman-Fried fix his case when he takes the stand?
Sam Bankman-Fried (SBF) had a lot going against him well before the start of his criminal trial: the ire of many in the crypto space, suspicion from United States policymakers, and negative attention from some in the media looking for clickbait angles to associate with the former FTX CEO. None of that may have had any impact on the case…
Court-ordered NFTs and the importance of Web3 randomness: Nifty Newsletter
Welcome to the latest edition of Cointelegraph’s Nifty Newsletter. Keep reading to stay up-to-date with the latest stories on nonfungible tokens. Every Wednesday, the Nifty Newsletter informs and inspires you to dig deeper into the latest NFT trends and insights. In this week’s newsletter, read about how a nonfungible token (NFT) became a focus point in a Singapore court battle,…
Amanda Cassatt on Web3 Marketing and the early days of Ethereum
Amanda Cassatt on Web3 Marketing and the early days of Ethereum In this week’s episode, our host is joined by Amanda Cassatt! Amanda is the founder of Serotonin, a web3 marketing agency, the author of the first book ever published on web3 marketing, and led the marketing team that helped bring Ethereum to market. Source: https://decrypt.co/videos/interviews/5Cm0ENyc/amanda-cassatt-on-web3-marketing-and-the-early-days-of-ethereum
Stocks are Down, Bitcoin Is Way Up—Will This Time Be Different?
Bitcoin pushed past $35,000 on Wednesday amid growing fervor for a spot Bitcoin ETF. And analysts see mounting hype as the dominant force that’s pulling crypto ahead, while stocks on Wall Street appear relatively tepid. “You can’t state that the run-up on Monday was due to anything else,” K33 Senior Analyst Vetle Lunde told Decrypt. “The market is reacting, although…
Researchers in China developed a hallucination correction engine for AI models
A team of scientists from the University of Science and Technology of China and Tencent’s YouTu Lab have developed a tool to combat “hallucination” by artificial intelligence (AI) models. Hallucination is the tendency for an AI model to generate outputs with a high level of confidence that don’t appear based on information present in its training data. This problem permeates…