Artificial intelligence has returned front and center in the ongoing labor dispute between Hollywood actors and the entertainment industry’s biggest studios—and could prove to be the key issue that brings the months-long SAG-AFTRA strike to a close. After the latest stretch of intensive negotiations between both parties, which saw the major studios issue a “last, best, and final offer” to…
As the Internal Revenue Service (IRS) pushes forward with its proposal to increase cryptocurrency surveillance, a past report might offer a clue for how this information may be used in practice. In short, with the IRS set to keep tabs on Americans’ cryptocurrency usage through an expected 8 billion new returns, it seems the Department of Justice (DOJ) may soon…
Bitcoin (BTC) has been trading within a narrow 4.5% range over the past two weeks, indicating a level of consolidation around the $34,700 mark. Despite the stagnant prices, the 24.2% gains since Oct. 7 instill confidence, driven by the impending effects of the 2024 halving and the potential approval of a Bitcoin spot exchange-traded fund (ETF) in the United States.…
International soccer superstar Lionel Messi has joined Krü Esports as a co-owner, the organization announced Tuesday. In a video, Krü founder and owner—and famed Argentine footballer—Sergio Leonel Agüero shared that Messi has joined the org as a co-owner. “Ok, let’s play,” Messi says at the end of the video, which has already gained over 10 million views in less than…
The Commodity Futures Trading Commission (CFTC) is pursuing more crypto crooks than ever before. In a Tuesday announcement, the regulator said that its enforcement results for the year included a record number of cases in the digital asset space. For the fiscal year of 2023, the CFTC brought 47 actions involving conduct related to digital asset commodities, the announcement read.…
Elon Musk’s Neuralink re-entered public discourse Tuesday, when the world’s richest man announced that his neurotech startup is developing an implantable vision chip purportedly capable of curing blindness. While Musk says the release date for such a device is still years away, the announcement whipped up plenty of excitement among technology enthusiasts. But, as Neuralink starts the daunting work of…
Elon Musk reaffirmed that his neurological company Neuralink is working on a chip designed to help the visually impaired, responding to a parent on Twitter who shared his son’s struggle with a rare eye condition. “This is not much consolation, but Neuralink is working on a vision chip, which will be ready in a few years,” Musk wrote. The father,…
Anime streaming platform Crunchyroll is taking a cue from Netflix’s playbook, adding five Android mobile games for two of its paid subscriber tiers without an extra charge, Crunchyroll announced Tuesday. Crunchyroll’s Game Vault is offering five titles for its gaming debut, spanning the action, RPG, puzzle, and visual novel genres. Crunchyroll plans to offer iOS support for its Game Vault…
The United States Consumer Financial Protection Bureau (CFPB) has proposed a rule to allow it to supervise large non-bank digital wallet and app providers. The rule is part of a larger move by the agency that has seen it extend its supervision to consumer reporting, consumer debt collection, student loan servicing, international money transfers and automobile financing. The rule would…
Data from Glassnode suggests that Bitcoin (BTC) is in an accumulation pattern with its available supply reaching a new historical low. According to the report, Bitcoin’s illiquid supply and long-term holders cohort rise. As Bitcoin’s supply tightens, available BTC is being purchased by smaller, long-term holding entities. Bitcoin accumulation among a majority of investor cohorts and the bullish conviction of…
