Facebook parent company Meta released the first demo for its new AI-powered audio generator platform, Audiobox, on Monday. The social media giant said Audiobox lets users create custom voices and sound effects using voice inputs and prompts. Audiobox, Meta said, builds on the technology developed for its Voicebox platform introduced earlier this year, but it surpasses Voicebox in quality and…
Month: December 2023
More US senators back Elizabeth Warren’s AML bill targeting crypto
Massachusetts Senator Elizabeth Warren, an outspoken critic of digital assets in the United States government, has announced that five more senators have agreed to cosponsor one of her bills aimed at cracking down on money laundering. In a Dec. 11 announcement, Sen. Warren said Senators Raphael Warnock, Laphonza Butler, Chris Van Hollen, John Hickenlooper and Ben Ray Luján had backed…
Gods Unchained Rated ‘Adults Only’ for Play-to-Earn Elements, Booted From Epic Games Store
After being added to the Epic Games Store in June, Immutable’s NFT card game Gods Unchained was quietly removed because the Entertainment Software Rating Board (ESRB) assigned the PC game an “Adults Only” (AO) rating, Decrypt has learned. Epic Games does not allow any titles with an AO ESRB rating on its marketplace, which hosts over 1,548 games as of…
Bitcoin price sell-off continues, but data highlights need for healthy correction
Bitcoin (BTC) price is down 5% over the last 24 hours to trade at $41,645 on Dec. 11. Despite the sharp price correction, technical indicators and on-chain data show that Bitcoin still displays strength as bulls strive to push the price back above $44,000. On-chain data shows Bitcoin price “over-extended” Bitcoin dropped as much as 7.2% falling to $40,300 on…
Bitcoin and Ethereum Dip 7% as Crypto Markets Cool
Bitcoin fell below $41,000 and Ethereum below $2,200 on Monday as crypto markets took a dive after having rallied for the better part of two months. Bitcoin is currently trading at $40,758, down 7% in the past day. This is after the market already saw $330 million in crypto futures contracts liquidated on Monday morning as BTC fell below $43,000.…
Japan’s SBI looks to Saudi Aramco as it continues Middle East expansion
Japan’s SBI Holdings financial services firm and Saudi Arabian state-owned oil company Saudi Aramco are considering teaming up on digital asset investment and semiconductor production projects. The sides signed a memorandum of understanding (MoU) on cooperation that includes the establishment of SBI Middle East in Riyadh as a base for operations in that region. According to the MoU, signed Dec.…
Google Prepares for Potential Bitcoin ETFs by Easing Crypto Ad Rules
For months, Wall Street titans, financial analysts, and crypto advocates have breathlessly speculated as to the likelihood of the imminent approval of a spot Bitcoin ETF, which could expose the world’s top cryptocurrency to untold billions of dollars worth of investment from the traditional finance world. Now, it appears that the world’s top website is weighing in—and actively preparing for…
CZ must stay, Do Kwon to be extradited: Law Decoded
Binance founder Changpeng “CZ” Zhao has been ordered to stay in the United States until his sentencing in February 2024, with a federal judge determining there’s too much of a flight risk if the former exchange CEO is allowed to return to the United Arab Emirates. Seattle district court Judge Richard Jones wrote in his order: “The defendant has enormous…
FIFA launches NFT collection amid 2023 World Cup
Fédération Internationale de Football Association (FIFA), the international body governing international competitions of soccer, will launch its own nonfungible tokens (NFT) collection ahead of the 2023 Club World Cup in Saudi Arabia. According to the December 11 announcement, and in collaboration with blockchain firm Modex, an inaugural 100 NFT collection will premiere on December 15, featuring the chance to secure…
SPX, DXY, BTC, ETH, BNB, XRP, SOL, ADA, DOGE, AVAX
Bitcoin (BTC) closed last week with gains of 9.55%, but started the new week on a weak note, falling near $40,500. The sharp correction in Bitcoin also caused liquidations in several altcoins. According to CoinGlass data, cross-crypto long liquidations for Dec. 11 were more than $300 million. The sharp fall does not change the trend in Bitcoin and altcoins, as…