AI Eye – Cointelegraph Magazine
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AI Eye – Cointelegraph Magazine

98% of deepfakes are porn AI image generation has become outrageously good in the past 12 months … and some people (mostly men) are increasingly using the tech to create homemade deepfake porn of people they fantasize about using pics culled from social media. The subjects hate it, of course, and the practice has been banned in the United Kingdom.…

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'Take some rest and GO' — Bitcoin price copies 2020 bull run fractal
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‘Take some rest and GO’ — Bitcoin price copies 2020 bull run fractal

Bitcoin (BTC) should not worry traders after the biggest one-day drop of 2023 if one chart fractal plays out. In a post on X (formerly Twitter) on Dec. 12, popular trader Alan Tardigrade revealed uncanny similarities between Bitcoin now and four years ago. Bitcoin “repeating” post-COVID uptrend Bitcoin may be struggling to clear key long-term resistance, but one comparison suggests…

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Coinbase co-founder Fred Ehrsam sells $13 million COIN shares as ARK continues to divest
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Coinbase co-founder Fred Ehrsam sells $13 million COIN shares as ARK continues to divest

According to public trading data, Coinbase co-founder Fred Ehrsam and ARK Invest have sold more than $14 million of Coinbase shares over the past 48 hours. Information shared by Insider Tracker, a service that shares trading information of high-profile company executives and politicians shows that Ehrsam sold 97.836 COIN shares for $13.2 million on Dec. 11. Coinbase Co-Founder sells another…

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Ava Labs Launches Avalanche Arcad3 to Help Game Studios Enter Web3
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Avalanche Flips Dogecoin Market Cap With Double-Digit Surge

A double-digit overnight surge has propelled Avalanche’s AVAX token past Dogecoin (DOGE) to become the 10th-largest cryptocurrency by market capitalization. Avalanche currently stands at $39.90, up nearly 12% on the past day, with a market cap of just under $14.7 billion, while Dogecoin has slipped by 1% in the past day to around $0.096, with a market cap of just…

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Bitcoin’s water consumption: A new environmental threat?
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Bitcoin’s water consumption: A new environmental threat?

Bitcoin, the world’s leading cryptocurrency, has long been under scrutiny for its environmental impact due to the energy-intensive nature of its mining process.  Since its inception in 2008, Bitcoin has never been hacked. Its tight security, provided by its proof-of-work (PoW) consensus mechanism, provides value to the cryptocurrency. PoW, however, is energy-intensive and relies on complex cryptographic algorithms requiring vast…

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Animoca Brands to focus on creator economy, interoperability in 2024
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Animoca Brands to focus on creator economy, interoperability in 2024

Animoca Brands CEO Robby Yung says the Hong Kong-based gaming company intends to continue to support the creator economy and promote interoperability through its investments and other initiatives in 2024 to promote Web3 mass adoption. Speaking to Cointelegraph at the 12th Global Blockchain Congress event in Dubai, Yung said that Animoca believes gaming will be a primary driver for Web3…

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Crypto platform WOO X partners with market maker Wintermute for liquidity boost
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Crypto platform WOO X partners with market maker Wintermute for liquidity boost

Crypto exchange platform Woo X has partnered with Wintermute, a crypto market maker and liquidity provider with over $3.6 trillion in cumulative trading volume. Wintermute will act as the designated liquidity provider for the crypto exchange. The latest partnership between the two crypto-focused platforms is part of a proactive and transparent effort to onboard top-tier liquidity providers. The London and…

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Oasys taps rollup platform AltLayer to simplify metaverse deployment
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Oasys taps rollup platform AltLayer to simplify metaverse deployment

Gaming-focused blockchain Oasys collaborated with rollup platform AltLayer to simplify the deployment of metaverses within the Oasys ecosystem.  Oasys announced Tuesday that the partnership will use AltLayer’s Rollup-as-a-Service feature to provide a simpler experience to builders who want to launch blockchain games and metaverses within the Oasys network.  In February 2022, Oasys launched its network to increase the mainstream adoption…

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