The chief artificial intelligence (AI) scientist at Meta has spoken out, reportedly saying that worries over the existential risks of the technology are still “premature,” according to a Financial Times interview. On Oct. 19 the FT quotes Yann LeCun as saying the premature regulation of AI technology will reinforce dominance of Big Tech companies and leave no room for competition.…
Expecting the greenback to be replaced by Bitcoin? One company is bidding to “Bitcoinize the dollar” by enabling stablecoins and other assets built atop Bitcoin via the Lightning Network. Lightning Labs, one of the main companies working on Bitcoin’s layer-2 Lightning Network, released “Taproot Assets” on mainnet Wednesday, allowing for the issuance of stablecoins and other financial assets on the…
American venture capitalist Tim Draper issued a warning on social media that scammers are attempting to con crypto users using an artificial intelligence (AI) voice generator. In an Oct. 19 post on X (formerly Twitter), Draper warned his roughly 254,000 followers to be mindful of “thieves” using AI to create an approximation of his voice. According to the venture capitalist,…
The United States Securities and Exchange Commission (SEC) voluntarily dismissed charges Thursday against Ripple CEO Brad Garlinghouse and Executive Chairman Chris Larsen, both of whom had been charged alongside the company for allegedly violating securities charges with sales of the XRP token. Ripple described the decision as a “stunning capitulation” in a press release, while Ripple Chief Legal Officer Stuart…
The Depository Trust & Clearing Corporation (DTTC) has signed an agreement to acquire Securrency, a digital asset infrastructure developer. The acquisition will allow DTCC to embed digital assets gradually in its existing products and services, it said. Terms of the deal were not disclosed. It is expected to close “within the next several weeks.” Securrency will be renamed DTCC Digital…
Lawyers representing the United States Securities and Exchange Commission announced they will seek to dismiss all claims against Ripple CEO Brad Garlinghouse and co-founder Chris Larsen. In an Oct. 19 filing in U.S. District Court for the Southern District of New York, the SEC notified the court the parties involved in its case against Ripple “have stipulated to the dismissal…
Web3 represents the next phase of the internet, characterized by decentralization, user ownership and equitable value distribution. Like all new technologies, its success depends on addressing market needs and understanding user challenges. However, many Web3 initiatives have missed achieving a product-market fit, often adopting a “build it and they will come” approach. This mindset has been harmful, especially during market…
Stablecoin issuer Circle has launched a new tool that it says will allow developers to “remove the complexity” of building Web3 apps, according to an announcement and accompanying social media post on October 19. Called “Smart Contract Platform,” the new tool allows developers to deploy smart contracts using a set of pre-vetted code templates and either a console or REST…
Relive the Art Blocks Marfa Weekend 2023 event with this highlights video, produced by Vincent Roazzi Jr. for Decrypt Studios in partnership with Art Blocks. Source: https://decrypt.co/videos/live-events/QaTBP6eO/art-blocks-marfa-weekend-recap
Artificial intelligence (AI) technology has advanced to the point where AI systems can be used to create new musical works and songs. As AI becomes more ubiquitous in the process of making music, artists and listeners both will have to address a looming question: do humans or machines make better music? Before digging into this question, we must first acknowledge…
