The next Bitcoin halving is fast approaching. And though this seismic event has happened three times before, and it’s been baked into Bitcoin’s code since birth, it once again has observers wondering: What does that mean for me? The halving is first and foremost an important event for Bitcoin miners, who will see the fruits of their labor slashed in…
Month: December 2023
Reebok Follows Nike Into Digital Fashion and Gaming, With an AI Twist
Sportswear brand Reebok is jumping into the metaverse—with both feet. The shoemaker, which is owned by Adidas, has entered an exclusive partnership with crypto tech startup Futureverse to develop numerous AI- and blockchain-backed games and digital experiences, both companies jointly announced Thursday. The stated aim of the collaboration is to extend Reebok’s brand presence into virtual realms and “revolutionize fashion…
Meme Coins Dogecoin, SHIB Slip—But Solana’s BONK Continues to Soar
Most major meme coins have cooled their rally—though one “dog coin” is flying: Solana-based BONK. The dog-themed token has exploded in value over the past 24 hours and is currently trading for $0.00001033, a nearly 35% rise in value in a day—making it the best-performing digital asset. It hit another all-time high today. And over the week, it’s up over…
Meta releases ‘Purple Llama’ AI security suite to meet White House commitments
Meta released a suite of tools for securing and benchmarking generative artificial intelligence models (AI) on Dec. 7. Dubbed “Purple Llama,” the toolkit is designed to help developers build safely and securely with generative AI tools, such as Meta’s open-source model, Llama-2. Announcing Purple Llama — A new project to help level the playing field for building safe & responsible…
Ronin and Beam Gaming Tokens Surge, Outpacing Bitcoin and Ethereum
With Bitcoin and Ethereum still gaining in recent days, gaming-centric tokens are broadly continuing pace—with buzzy tokens tied to the Ronin and Beam networks leading the charge among large-cap projects. RON, the token of gaming-centric Ethereum sidechain network Ronin, has popped 21% over the last 24 hours to a current price of $1.75, continuing a recent surge in value for…
SEC discussing ‘key technical details’ with spot crypto ETF applicants: Report
Officials with the United States Securities and Exchange Commission (SEC) are reportedly discussing aspects of Bitcoin (BTC) exchange-traded funds, or ETFs, proposed by asset managers. According to a Dec. 7 Reuters report, industry insiders said the SEC and certain asset managers were discussing “key technical details” related to U.S. exchanges listing shares of a spot Bitcoin ETF. To date, the…
Montenegro Set to Extradite Terra Co-Founder Do Kwon to US: Report
Montenegro will extradite Terra co-founder Do Kwon to the U.S., according to a report in the Wall Street Journal. Citing sources familiar with the matter, the WSJ reported that Montenegro’s Justice Minister, Andrej Milovic, had privately said he plans to send Do Kwon to the U.S. rather than South Korea. The Terraform Labs co-founder faces charges in both countries and has…
Gamers Can Now Livestream to Twitter via Streamlabs
Gamers can now use the livestreaming software Streamlabs to go live on Twitter from their desktop computers or mobile phones thanks to an integration with X, Streamlabs announced Thursday. Twitter, also called X, isn’t exactly known for its live video content. But in recent months, X owner Elon Musk has livestreamed games via Twitter’s new Media Studio feature that was…
Jack Dorsey’s Block Inc. launches self-custody Bitcoin wallet
Financial payment processor Block, co-founded by Jack Dorsey, has launched its self-custody Bitcoin (BTC) wallet. Dubbed “Bitkey,” developers said during the Dec. 7 announcement that the wallet, available as a mobile app or hardware storage, will be accessible in over 95 countries. Bitkey will feature a two-of-three multi-signature wallet consisting of a mobile key, a hardware key, and a server…
‘Early bull market’ — Bitcoin price preps 1st ever weekly golden cross
Bitcoin (BTC) is lining up an “early bull market” as a unique chart feature plays out for the first time in history. In a post on X (formerly Twitter) on Dec. 7, entrepreneur Alistair Milne drew attention to Bitcoin’s first ever weekly “golden cross.” Bitcoin goes from death cross to golden cross in 10 months Recent BTC price upside has…