Coinbase disputes SEC’s crypto authority in final bid to toss regulator’s suit
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Coinbase disputes SEC’s crypto authority in final bid to toss regulator’s suit

The Securities and Exchange Commission overstepped its authority when it classified Coinbase-listed cryptocurrencies as securities, the exchange has argued in its final bid to dismiss a lawsuit by the securities regulator. In an Oct. 24 filing in a New York District Court, Coinbase chastised the SEC claiming its definition for what qualifies as a security was too wide and contested…

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No, ARK 21 Shares spot Bitcoin ETF is not listed on DTCC website
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No, ARK 21 Shares spot Bitcoin ETF is not listed on DTCC website

Despite swirling rumors on social media, ARK Invest’s spot Bitcoin (BTC) exchange-traded fund (ETF) does not appear to be listed on the Depository Trust and Clearing Corporation’s (DTCC) website. On Oct. 25, numerous high-profile crypto accounts on X (Twitter) including Mike Alfred, Bitcoin News, Simply Bitcoin, Crypto News Alerts and others posted tweets and screenshots claiming ARK Invest and 21…

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Artists Could Use a Poison Pill to Combat AI Exploitation
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Artists Could Use a Poison Pill to Combat AI Exploitation

The astonishing capability of generative AI to create visual images is getting better and more accessible, but with their models based on massive libraries of existing art, artists are frantically looking for ways to prevent their work from being harvested without their permission. A new tool, ominously named Nightshade, could be the answer. The trick involves using optimized, prompt-specific “data…

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Galaxy predicts 74% Bitcoin price increase first year after ETF launch
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Galaxy predicts 74% Bitcoin price increase first year after ETF launch

Bitcoin’s (BTC) price will increase 74.1% in the first year after spot Bitcoin exchange-traded funds (ETFs) are launched in the United States, according to estimates from crypto investment firm Galaxy Digital. In an Oct. 24 blog post, Galaxy Digital research associate Charles Yu estimated the total addressable market size for Bitcoin ETFs would be $14.4 trillion in the first year after…

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Meta's New AI Speech Tool Is Ready-Made for Deepfakes—So It's Not Being Released
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While Meta Pushes Into AI, 34 States File Suit Over Child Manipulation Claims

While Meta works to align its fortunes with the AI gold rush—most recently introducing celebrity-inspired chatbots with whom users can interact—it remains on the hook for a more fundamental problem with its business model: kids love its platforms. A coalition of 34 U.S. states is now suing the social media giant, alleging that Facebook and Instagram are inappropriately manipulating the…

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Habitat is Meta's Vision for the Future of Human-Robot Cohabitation
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Habitat is Meta’s Vision for the Future of Human-Robot Cohabitation

Meta AI has unveiled Habitat 3, a new simulator that advances research into AI agents that can collaborate and assist humans in virtual 3D environments. The platform, presented by the team at Facebook AI Research (FAIR), allows high-fidelity simulation of human avatars and enables real-time interaction between humans and AI through a virtual interface. According to the researchers, Habitat 3…

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Habitat is Meta's Vision for the Future of Human-Robot Cohabitation
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Habitat is Meta’s Vision for the Future of Human-Robot Cohabitation

Meta AI has unveiled Habitat 3, a new simulator that advances research into AI agents that can collaborate and assist humans in virtual 3D environments. The platform, presented by the team at Facebook AI Research (FAIR), allows high-fidelity simulation of human avatars and enables real-time interaction between humans and AI through a virtual interface. According to the researchers, Habitat 3…

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