The governing council of the European Central Bank (ECB) has announced it will begin the ”preparation phase” for the digital euro project following a two-year investigation. In an Oct. 18 notice, the ECB said it plans to “start laying the foundation for the possible issuance of a digital euro” beginning on Nov. 1, adding the issuance of a central bank…
The new system combines a non-invasive brain scanning method called magnetoencephalography (MEG) with an artificial intelligence system. A typical MEG imaging machine. Image public domain, source: NIMH/Wikipedia This work leverages the company’s previous work decoding letters, words, and audio spectrograms from intracranial recordings. According to a Meta blog post, “This AI system can be deployed in real time to reconstruct,…
When crypto peaked in November of 2021, FTX’s customers thought they owned around $20 billion in digital assets. But according to an expert witness in Sam Bankman-Fried’s criminal trial on Wednesday, the exchange’s digital wallets had closer to a quarter of that. Notre Dame Alumni Professor of Accountancy Peter Easton, who specializes in financial statement analysis, found that FTX’s digital…
Terrorists could learn to carry out a biological attack using a generative AI chatbot, warns a new report by the non-profit policy think tank RAND Corporation. The report said that while the large language model used in the research did not give specific instructions on creating a biological weapon, its responses could help plan the attack using jailbreaking prompts. “Generally,…
Ethereum decentralized finance (DeFi) protocol Hope Lend has next to zero assets left in its protocol after a devastating hack. According to multiple blockchain security firms, on Oct. 18, two individuals, a frontrunner who beat the original hacker after discovering the exploit, and the original hacker itself, stole a combined 526 Ether (ETH) from Hope Lend worth $825,357 at the…
Bitcoin (BTC) price continues to show strength this week by hitting an intra-day high at $28,516 even as macroeconomic headwinds in the United States continue to weigh on investor sentiment. It’s possible that a certain degree of BTC’s price stability can be attributed to increasing institutional activity and positive institutional investor interest in Bitcoin. On Oct. 17, Fidelity Investments, a…
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 parliamentary committee in the U.K. has urged officials to take action on…
Dr. James Wan, a Georgia-based physician, entered a guilty plea for using Bitcoin to organize a murder-for-hire plot via the dark web. The sinister plot, which he thought was veiled by the pseudonymous nature of Bitcoin, involved hiring a hitman to make it look like his girlfriend had died in a carjacking gone wrong. Wan is now awaiting sentencing before…
Daniel Alegre, CEO of Bored Ape Yacht Club creator Yuga Labs, published a lengthy essay on Twitter (aka X) late Tuesday evening, part of which details the company’s challenges and shortcomings with game development—including for its upcoming metaverse game Otherside. “While Dookey Dash was a fun game and experience, we have fallen well short of expectations with Forge,” Alegre wrote,…
Senator Elizabeth Warren was the lead author of a letter signed by 28 other senators and 76 members of the House of Representatives about the role of cryptocurrency in financing terrorism. Signers came from both parties and included one independent, although Democrats predominate. The letter, dated Oct. 17, was addressed to Treasury Under Secretary for Terrorism and Financial Intelligence Brian…
