Andrew Yang, former candidate for United States president and New York City mayor and founder of the Forward Party, had sobering observations about the uses of blockchain, or its lack of use, in the United States and U.S. regulation of artificial intelligence (AI) when he spoke Nov. 16 at the North American Blockchain Summit (NABS) in Fort Worth, TX. Yang, who…
Gas fees for transactions on Polygon’s proof-of-stake chain skyrocketed to more than $0.10 or 5,000 gwei on Thursday—rising sharply as the Ethereum scaling solution weathered an apparent influx of inscriptions-related, PRC-20 activity. As of this writing, Polygon gas fees had plummeted back down to around 270 gwei, according to livdir.com’s Polygon Gas Price Chart. However, before the steep drop, Polygon…
Cathie Wood, CEO of ARK Invest, has recently been vocal about Solana, which has been recently experiencing a huge price rally. In her comments earlier this week, Wood praised the blockchain protocol for its efficiency and cost-effectiveness, especially when compared to Ethereum. “Solana is doing a really good job. If you look at Ethereum it was faster and cheaper than…
The Texas State Securities Board has accused a network of companies under the “GS” brand and operating from Germany of fraudulent activities “tied to digital assets, investments in a staking pool in a proprietary metaverse.” The network of companies is controlled by Josip Dortmund Heit. As described by regulators on November 16, respondents GS Partners, GS Smart Finance and GS…
Decentralized finance (DeFi) oracles network Pyth will kick off an airdrop of roughly 255 million PYTH tokens to its users and community members beginning in just four days, the network announced Thursday. Over 90,000 wallets will be eligible to claim PYTH tokens through the airdrop once it opens on November 20 at 2:00 pm UTC, according to Pyth. Users of…
Artificial intelligence “could aid in breakthroughs,” acknowledged Commodity Futures Trading Commission Commissioner Christy Goldsmith Romero in a keynote address today, but she asserted that regulators must “manage risks so that we can receive these promises.” Romero’s remarks were the highlight of the first day of the annual Financial Services Conference, hosted in Washington, D.C., by the Consumer Federation of America.…
Social media giant Meta has introduced its latest artificial intelligence (AI) models for content editing and generation, according to a blog post on Nov. 16. The company is introducing two AI-powered generative models. The first, Emu Video, which leverages Meta’s previous Emu model, is capable of generating video clips based on text and image inputs. While the second model, Emu…
Gamers might have groaned when mega-publisher Ubisoft added Tezos NFTs to Ghost Recon Breakpoint in 2021, but the company behind Assassin’s Creed and Just Dance hasn’t cooled on blockchain tech. In fact, the firm plans to hold a free Ethereum NFT mint for its upcoming game. On Thursday, Ubisoft announced via Twitter that it will host a free NFT mint…
Gamers might have groaned when mega-publisher Ubisoft added Tezos NFTs to Ghost Recon Breakpoint in 2021, but the company behind Assassin’s Creed and Just Dance hasn’t cooled on blockchain tech. In fact, the firm plans to hold a free Ethereum NFT mint for its upcoming game. On Thursday, Ubisoft announced via Twitter that it will host a free NFT mint…
Republican U.S. Presidential candidate Vivek Ramaswamy unveiled a crypto policy framework on November 16 at the North American Blockchain Summit (NABS) in Fort Worth, Texas. Called, “The Three Freedoms of Crypto,” the framework states that developers of smart contract code should not be held liable for the actions of people who use the code. In the document, Ramaswamy vowed to…
