Social media giant Meta (formerly Facebook) will include an invisible watermark in all images it creates using artificial intelligence (AI) as it steps up measures to prevent misuse of the technology. In a Dec. 6 report detailing updates for Meta AI — Meta’s virtual assistant — the company revealed it will soon add invisible watermarking to all AI-generated images created…
Month: December 2023
Ocean mining pool refutes claims of censoring certain Bitcoin transactions
Bitcoin (BTC) wallet provider Samourai Wallet has accused Bitcoin mining pool Ocean of censoring Whirlpool CoinJoin transactions and BIP47 notification transactions from Dec. 6. However, Ocean’s top executive has denied the claims while asking the Bitcoin wallet provider to fix a bug in their software. On Dec. 7, Samourai Wallet claimed that a new policy enacted by Ocean mining pool…
2020 bull market buyers now control 16% of supply
Bitcoin (BTC) has gained a new generatio of “hodler” in the past three years as stubborn investors refuse to sell. Data from the popular HODL Waves metric shows that those who bought Bitcoin in late 2020 are still sitting on their coins. BTC price should go “way higher” for hodlers to sell Bitcoin’s longer-term investor cohorts, also known as long-term…
Vivek slams Gary Gensler and ‘three-letter agencies’ during pres debate
Presidential hopeful Vivek Ramaswamy came down hard on SEC chair Gary Gensler and other “three letter agencies” during the recent Republican presidential debate, claiming that regulators had failed to keep up with crypto. During the 4th Republican presidential debate of the 2024 cycle on Dec. 7, Ramaswamy said it was “nothing short of embarrassing” that Gensler couldn’t admit before Congress…
Bitcoin’s huge rally has nuked $6B in shorts this year: S3 Partners
Crypto industry short sellers have lost at least $6 billion trying to bet against publicly-traded crypto firms this year, due largely to Bitcoin’s (BTC) outsized rally since Jan. 1. According to a Dec. 5 report from research firm S3 partners, traders who bet against publicly traded crypto firms such as Coinbase, MicroStrategy, and Marathon Digital are now nursing $6.05 billion…
Crypto is for criminals? JPMorgan has been fined $39B and has its own token
JPMorgan CEO Jamie Dimon is being hauled over the hot coals on crypto X (Twitter) after claiming Bitcoin (BTC) and cryptocurrency’s “only true use case” is to facilitate crime. “The only true use case for it is criminals, drug traffickers, money laundering, tax avoidance,” Dimon said in a hearing before the United States Banking Committee on Dec. 5. “If I…
Google’s ‘GPT-4 killer’ Gemini is out, here’s how you can try it
Tech giant Google has officially rolled out Gemini, its latest artificial intelligence model that it claims has surpassed OpenAI’s GPT-4. On Dec. 6, Google CEO Sundar Pichai and Google DeepMind CEO and co-founder Demis Hassabis announced the launch of Gemini in a company blog post The AI model has been optimized for different sizes and use cases (Ultra, Pro, Nano)…
House Committee passes bill to ‘preserve U.S. leadership’ in blockchain
A United States House Committee has unanimously passed a pro-blockchain bill, which would task the U.S. commerce secretary to promote blockchain deployment and thus potentially increase the country’s use of blockchain technology. On Dec. 5, the House Committee on Energy and Commerce voted 46-0 to pass H.R. 6572, the Deploying American Blockchains Act of 2023, in a session aiming to…
Rising Bitcoin Fees Prompt Renewed Battle Over Ordinals, BRC-20 Tokens
Bitcoin is booming, and so are network fees. Alongside the euphoria among investors over Bitcoin’s recent surge above $44,000—a 20-month high—increased network congestion is prompting another battle over the NFT-like Ordinals project and BRC-20 tokens. Ordinals remain at the eye of a storm over what should or should not be allowed on the Bitcoin blockchain. On Wednesday, Bitcoin Core developer…
Don’t ‘AI Wash’ Investment Pitches: SEC Chair Gary Gensler
Gary Gensler, the often embattled chair of the U.S. Securities and Exchange Commission, once again sounded the alarm about artificial intelligence and how its rapid advancement could affect financial markets. “One shouldn’t greenwash, and one shouldn’t AI wash—I don’t know how else to say it,” Gensler said during the “Balancing Innovation & Regulation” AI event hosted by The Messenger in…