Cryptocurrency exchange Coinbase reported a third-quarter loss of $2.2 million on Thursday, and shares fell during after-hours trading as the firm posted better-than-expected financial results for the third time this year. On a per-share basis, the exchange lost $0.01 on $674 million in revenue, while analysts expected a loss of $0.70 on $670 million in revenue for the quarter. Coinbase’s…
The United States National Institute of Standards and Technology (NIST) and the Department of Commerce are soliciting members for the newly-established Artificial Intelligence (AI) Safety Institute Consortium. Participate in a new consortium for evaluating artificial intelligence (AI) systems to improve the emerging technology’s safety and trustworthiness. Here’s how: https://t.co/HPOIHJyd3C pic.twitter.com/QD3vc3v6vX — National Institute of Standards and Technology (@NIST) November 2,…
This week Bitcoin (BTC) price came within a hair of the $36,000 mark, before abruptly reversing course and correcting to $34,250. After a near 30% run over the past month, it is natural for the price to cool off as some traders take profit and market participants evaluate whether or not the catalysts for the rally remain valid. Despite the…
The Dubai Financial Services Authority (DFSA) recognized two more tokens on Nov. 2, adding XRP (XRP) and Toncoin (TON) to its list of recognized tokens. They join Bitcoin (BTC), Ether (ETH) and Litecoin (LTC) as coins recognized in the Dubai International Financial Centre (DIFC). The tokens’ new status will allow financial institutions in the DIFC to carry out transactions with…
After months of teasing, the long-awaited “final song” from the Beatles, ‘Now and Then,’ dropped on Thursday. Bringing the legendary rock group back for one last track was made possible through generative AI, which helped to bring together the musical stylings of John Lennon, George Harrison, Paul McCartney, and Ringo Starr to complete the new song. ‘Now and Then’ is…
The governing body for the aragonOS software will dissolve, distributing most of its assets to token holders in the process, according to a Nov. 2 blog post. The body, called the Aragon Association (AA), will distribute 86,343 Ether (ETH), approximately $155 million at the current price, from its treasury to token holders as it unwinds. We have an important update…
This week our host is joined by Sophie Maxx (Web3Maxx) to discuss NFTs, augmented reality, the metaverse, how blockchain is sneaking into the fashion world, and more! Source: https://decrypt.co/videos/interviews/VByufHjn/sophie-maxx-on-nfts-augmented-reality-and-fashion
A proposal by Argentine presidential candidate Sergio Massa to use excess natural gas from the Vaca Muerta oil fields to mine Bitcoin has generated controversy in the country’s cryptocurrency community. Vaca Muerta, which translates to “dead cow,” got its name in the 19th century when fossilized remains of megafauna—think giant ground sloths and glyptodonts—were found in the Vaca Muerta formation.…
A professor from the Texas A&M University School of Law recently published research exploring blockchain technology use cases in the world of copyright administration. According to their findings, blockchain has the potential to radically alter the way intellectual property is handled both “domestically and internationally.” Dr. Peter Yu, the Regents Professor of Law and Communication and Director of the Texas…
Closing arguments for the criminal trial of Sam Bankman Fried (SBF), the disgraced founder of crypto exchange FTX, have officially concluded with U.S. Southern District of New York Judge Lewis Kaplan moving to jury instructions. As per the indictment from last December, Bankman-Fried faces a total of seven charges, including two counts of wire fraud conspiracy, two counts of wire…
