One of the developers working on “BitVM” — a Bitcoin-based virtual machine — reiterates the tech is intended to scale Bitcoin rather than launching Ethereum-like decentralized finance applications on the network. BitVM’s whitepaper was released by ZeroSync’s project lead Robin Linus on Oct. 10 with technical support provided by pseudonymous developer “Super Testnet” — implementing BitVM’s first proof-of-concept and working…
Adding its name to the list of companies and organizations prohibiting the use of generative AI, the United States Space Force issued a temporary order to its servicemembers (or “Guardians”) halting the use of personal generative AI accounts while on duty. In a memo first reported by Reuters and confirmed to Decrypt by a Space Force representative, the September 29…
Leading decentralized exchange Uniswap released a mobile crypto wallet for Android on Thursday, months after doing the same on Apple’s iOS platform. The app is currently in beta while the company invites members of the DeFi community to help it test the wallet before it’s released more widely to users. As per Uniswap’s Twitter feed, some 35,000 users have already…
The experiment demonstrated that CBDCs could be wrapped to purchase NFTs on blockchains such as Ethereum. Source: https://cointelegraph.com/app/public/index.php/news/mastercard-announces-successful-wrapped-cbdc-blockchain-trial-results
A pseudonymous modder by the name of “Trainwiz” has released a mod for Bethesda’s Starfield game that replaces ships with Thomas the Tank Engine, rendering all your serious sci-fi adventures… well, a little silly. “I have replaced all ships in Starfield with Thomas the Tank Engine. Let’s all be mature about this now,” the modder wrote in a Twitter post…
James Comer, chair of the United States House of Representatives Oversight and Accountability Committee, has threatened Securities and Exchange Commission (SEC) chair Gary Gensler with a subpoena. He wrote in the letter dated Oct. 12, that the committee will have “no choice” but to use compulsory measures to obtain documents if the SEC does not start cooperating with it. Comer…
October 12, 2023 Stocks fell in the US today as newly released inflation data overshot expectations. The Dow Jones Industrial Average fell by 173.73 points (0.51%), to 33,631.14. The S&P 500 declined by 27.34 points (0.62%), ending the day at 4,349.61. The tech-heavy Nasdaq index lost 85.46 points (0.63%), declining to 13,574.22. One-day S&P 500 chart for 10-12-2023. Source: MSN…
A bipartisan group of United States senators banded together Thursday to propose a bill that would make it illegal, under federal law, to create an AI-crafted replica of another individual in any audiovisual format without that person’s consent. The bill, dubbed the “No Fakes Act,” was drafted by Senators Marsha Blackburn (R-TN), Thom Thillis (R-NC), Amy Klobuchar (D-MN), and Chris…
Lawyers representing United States supermarket chain Trader Joe’s have filed a complaint in California against decentralized exchange Trader Joe. In an Oct. 5 filing in U.S. District Court for the Central District of California, Trader Joe’s sued Trader Joe and its co-founder Cheng Chieh Liu over federal trademark infringement and dilution claims. According to the lawsuit, Trader Joe and Liu…
Blockchain surveillance firm Elliptic now says there’s a “stronger possibility” that fallen crypto exchange FTX’s mysterious hacker was a Russian-linked entity. For starters, the fact that funds moved while FTX founder Sam Bankman-Fried was in a Manhattan courtroom casts doubt on the hypothesis that he stole the money. “At 3:41pm EST on October 4th 2023, $15 million of the stolen…
