Brazilians may soon be required to pay up to 15% tax on income derived from cryptocurrencies held on exchanges outside the country, after new income tax rules were approved by the Brazil Senate on Nov. 29. The bill has already passed in the Chamber of Deputies and is expected to be approved by President Luiz Inácio Lula da Silva, as…
Investors are eagerly anticipating the potential approval of a spot bitcoin exchange-traded fund (ETF) by the United States Securities and Exchange Commission (SEC). The excitement began in early June when the investment giant BlackRock submitted a filing for the product and gained further momentum after a court decision mandated the SEC reconsider its rejection of Grayscale’s proposal to transform its…
More than three-quarters of all blockchain games launched in the last five years are dead in the water, according to a recent study from CoinGecko. Out of 2,817 games launched between 2018 and 2023, which were included in the study, only 690 of them still have a somewhat active player base. CoinGecko defines a “failed” Web3 game as one where…
Sony and Microsoft, two of the biggest names in gaming, have been making significant moves towards blockchain technology in recent years. This is an important development, as it has the potential to not only revolutionize the gaming industry but it could be the Trojan horse that makes blockchain a mainstream possibility. Sony has filed a patent for a system allowing…
Outrage = ChatGPT + racial slurs In one of those storms in a teacup that’s impossible to imagine occurring before the invention of Twitter, social media users got very upset that ChatGPT refused to say racial slurs even after being given a very good, but entirely hypothetical and totally unrealistic, reason. User TedFrank posed a hypothetical trolley problem scenario to…
Shrem made a fortune off his Bitcoin payment service, BitInstant, but then went to prison for alleged money laundering. Source: https://cointelegraph.com/app/public/index.php/news/crypto-stories-charlie-shrem-tells-how-became-bitcoin-millionaire
Remember when the wildest thing in the crypto community was a cute dog and a poorly drawn frog? Fast forward to today, and AI has taken the baton to sprint into the absurd. Welcome to the “Make It More” era, where your wildest imaginations are more than met—they’re ridiculously exceeded. Here’s how it works: AI, our new creative buddy, can…
In the wake of calls for CEO Emad Mostaque to step down and company VPs leaving the firm over its use of copyrighted content, UK-based AI image developer Stability AI may be looking for a buyer, according to a Wednesday report by Bloomberg. The company is behind the popular Stable Diffusion generative artificial intelligence model, which added video features last…
The meme economy is popping off this week thanks to an infusion of artificial intelligence. On one hand, generative AI art fans are pushing tools to the limit with “Make It More,” seeing just how cute or extra something can be. On the other, digital artists are going back to the classics and bringing them to life. Sort of. Decrypt…
The demand for institutional investors for Bitcoin (BTC) became evident on Nov. 10 as the Chicago Mercantile Exchange (CME) Bitcoin futures flipped Binance’s BTC futures markets in terms of size. According to BTC derivatives metrics, those investors are showing strong confidence in Bitcoin’s potential to break above the $40,000 mark in the short term. CME Bitcoin futures open interest, USD.…
