Terraform Labs co-founder Do Kwon has requested a United States district judge to reject the securities and fraud suit from the federal securities regulator, claiming it has failed to prove they did anything wrong. In an Oct. 27 filing to a New York District Court, lawyers for Kwon and Terraform argued its cryptocurrencies Terra Luna Classic (LUNC), TerraClassicUSD (USTC), Mirror…
Month: October 2023
Twitter is now worth half of the $44B Elon Musk paid for it: Report
Elon Musk’s social media platform, X (formerly Twitter), is worth less than half of what the tech billionaire bought it for in October last year, an internal memo has reportedly revealed. According to an Oct. 30 report from Bloomberg, the internal memo and sources familiar with the matter said that restricted stock units recently paid to employees of the company…
Which AI for Witches? Best AI Tools for Halloween
Happy Halloween, witches, and mystics! This one is for you. Artificial intelligence has revolutionized how people create and interact with content, making for more personalized experiences that are tailored to every person’s needs—including spiritual and celebratory endeavors. AI can write articles, compose music, and even help create virtual worlds in which solitary mystics or groups can interact. This article will…
‘I don’t own Bitcoin, but I should’ — legendary investor Druckenmiller
Billionaire investor Stanley Druckenmiller praised Bitcoin (BTC) for establishing a “brand” over last decade and half — admitting while he doesn’t own any Bitcoin, he ought to. The billionaire shared his latest thoughts on Bitcoin in an Oct. 30 interview with hedge fund manager Paul Tudor Jones, where he made comparisons between Bitcoin and gold as a store of value.…
Why a Bitcoin ETF Is Making BTC Miners Nervous
With the first U.S. spot Bitcoin ETF seemingly in sight, it has seemed like the entire crypto industry is optimistic about how such a product could bolster Bitcoin’s legitimacy in the investing world, ignite institutional adoption, and send the price of BTC to the moon. For the most part, that includes Bitcoin mining firms—companies that run large computer fleets dedicated…
Sam Bankman-Fried Can’t Remember a Damn Thing
Sam Bankman-Fried’s memory faltered on Monday under the scope of questions posed by US Assistant Attorney Danielle Sassoon—as the government challenged his credibility on the witness stand. “I’m not sure. I don’t recall. I’m not sure exactly what you’re referring to,” Bankman-Fried said, after Sassoon inquired about Alameda Research, a crypto trading firm Bankman-Fried co-founded, and whether he claimed—at any…
Voice Actors Slam ‘The Finals’ for Using AI Instead of Real People
Gamers are once again up in arms, but this time, NFTs are not what’s drawing the ire of the community. Several actors who lend their voices to video games are protesting the use of AI voices in the upcoming first-person shooter The Finals. The fervor arose after a podcast featuring Andreas Almström, audio director of The Finals creator Embark Studios,…
The World’s Beefiest Quantum Computer Comes With a Catch
Quantum computing is the next frontier in technology—harnessing the laws of quantum mechanics to solve problems too complex for classical computers—and a startup named Atom Computing has made a bold claim: that they are testing of a 1,180 qubit quantum computer that could be available next year, outpacing giants like IBM and Google. This is a significant leap from their…
God Mode: 7 Spooky Games for Halloween That Won’t Scare You to Death
God Mode is a series from Decrypt’s GG that provides an authoritative look at hot topics in gaming—whether it’s the best games in a certain genre, the top examples of buzzy trends, or other things you need to know to get the most out of your games. National Spooky Month is coming to an end, but there’s still time to…
WSJ debacle fueled US lawmakers’ ill-informed crusade against crypto
The Wall Street Journal corrected its misreporting about crypto funding Hamas, but it was too late to stop lawmakers from amplifying false claims. Source: https://cointelegraph.com/app/public/index.php/news/wall-street-journal-debacle-fuels-us-lawmakers-ill-informed-crusade-against-crypto