Scroll, a new contender in the zero-knowledge Ethereum Virtual Machine (zkEVM) space that works to scale the blockchain, has confirmed the launch of its mainnet. The team behind Scroll announced the launch in an Oct. 17 post and added that existing applications and developer tool kits on Ethereum can now migrate to the new scaling solution. “Everything functions right out…
Month: October 2023
Gucci Cosmos Showcases Fashion Brand’s Legacy With Head-Turning Tech
Gucci’s itinerant Cosmos exhibition touched down in London last week, but you can forget about phalanxes of dusty mannequins. The show, conceived by British impresario Es Devlin—whose credits include the Olympics, Sper Bowl, and Beyoncé’s Renaissance tour—and curated by eminent fashion historian Maria Luisa Frisa, rips up the rule book of the traditional fashion retrospective. Gucci Cosmos, which celebrates the…
Canadian Citizens In This City Have Lost $22.5 Million to Crypto Scams
Canadian police have issued a targeted warning to citizens in Calgary, Alberta, to be wary of employment scams, romance scams, and other related to cryptocurrency after victims there lost over $22.5 million so far this year. Alberta officials revealed on Monday that its residents have run afoul of 340 reported crypto scams since the start of the year. That’s up…
Google requests dismissal of AI data scraping class-action suit
Big Tech player Google is seeking to dismiss a proposed class-action lawsuit that claims it’s violating the privacy and property rights of millions of internet users by scraping data to train its artificial intelligence models. Google filed the motion on Oct. 17 in a California District Court, saying it’s necessary to use public data to train itsAI chatbots such as…
FTX Promised $100M to Maker of SBF’s Favorite Game ‘League of Legends’
The now-defunct crypto exchange FTX signed many massive sponsorship deals in its heyday, including promising League of Legends developer Riot Games nearly $100 million as a part of its agreement to sponsor Riot’s League Championship Series (LCS) esports competition, documents in the Sam Bankman-Fried legal trial have revealed. The sum of FTX’s Riot deal was published as part of the…
Crypties 2023 Nominees Revealed: Vote for Crypto’s Top Projects and Creators
The Crypties Awards are back, with the premier crypto industry awards ceremony returning for 2023 to honor the brightest creators and most impactful projects across several categories. And you can help choose the winners. Simply claim your free voting pass and then you can enter your picks in categories including The Social Impact Award, Achievement in AI, and Game of…
Pro-crypto lawmaker stays interim US House Speaker as frontrunner loses first round of voting
North Carolina Representative Patrick McHenry, chair of the United States House Financial Services Committee and crypto proponent in Congress, is still temporarily in the third most powerful role in government after one of his Republican colleagues failed to secure enough votes. In a vote conducted with members of the U.S. House of Representatives on Oct. 17, no candidate for Speaker…
Blending Tech and Tunes, $4 Million Riffusion Raise Lights Up AI Music Scene
Riffusion, an application born as a free and open-source tool that uses Stable Diffusion to produce music from visual cues, recently secured a $4 million investment after its creators pivoted it into a commercial enterprise. Developers Seth Forsgren and Hayk Martiros initially built Riffusion as a hobby project. Since its inception, it has drawn interest from tech entities such as…
South Korean regulator outlines steps to enhance digital asset legislation
South Korea’s Financial Supervisory Service (FSS) is preparing regulations to supplement the Virtual Asset Users Protection Act passed earlier this year, according to local reports. New regulations should be ready by January, well ahead of the law entering into force, the FSS head said. The South Korean National Assembly Political Affairs Committee conducted an audit of the FSS on Oct.…
Fantom Foundation hot wallet hacked for $550K
The Fantom Foundation lost $550,000 worth of cryptocurrency through a vulnerability in the official Fantom wallet. Source: https://cointelegraph.com/public/index.php/news/fantom-foundation-hacked-october-17-report