The largely unheralded large-language model Meta AI—a virtual assistant designed to generate photorealistic images and provide detailed answers to user queries—is now “more helpful, with more detailed responses on mobile and more accurate summaries of search results,” the social media giant announced today. In a blog post, Meta revealed over 20 new AI-driven features that were being added to its…
Terraform Labs co-founder Do Kwon has launched his final attempt to appeal a Montenegrin court’s decision that could see him extradited from the country. In a Dec. 6 report, local state media stated that lawyers for Kwon had officially appealed the Nov. 24 decision from the High Court of Podgorica, which approved that Kwon could be extradited to either the…
An Abu Dhabi government-affiliated research center has announced the launch of a new blockchain-powered carbon tracking and trading platform, amid efforts from the United Arab Emirates government to lower emissions toward net zero. The new blockchain was unveiled at the latest the United Nations Climate Change Conference (COP28) on Dec. 5, which will enable the international trade of carbon tokens…
Solana DeFi platform Jito will begin its anticipated airdrop Thursday, and Coinbase—America’s biggest cryptocurrency exhange—said that it will list the JTO token right away. In a Wednesday announcement, Coinbase said that JTO trading will begin on or after 11am Eastern Time on Thursday, subject to liquidity conditions. JTO is the governance token of Jito, a project which runs on the…
Despite the risks and the failures associated with central bank digital currencies (CBDCs), global policymakers are pushing forward to make them a reality. In November alone, officials from the International Monetary Fund (IMF), Bretton Woods Committee, and Bank for International Settlements (BIS) issued rallying calls for governments to push forward on CBDCs with courage and determination. But rather than double…
The gaming-focused group Merit Circle DAO—which previously launched an Avalanche subnet called Beam—has announced that its Sphere NFT marketplace and tech stack will now also be compatible with Immutable’s upcoming zkEVM network, which is powered by Polygon. “This strategic alliance with Merit Circle DAO and commitment from Beam aligns perfectly with our mission to bring digital ownership to every gamer…
Bitcoin’s aggressive rebound has devastated crypto stock short traders, inducing over $2.6 billion worth of losses for short sellers in less than three months, according to a new report from financial data firm S3 Partners. Since September 11, when Bitcoin fell to a three-month low of $25,152, the coin has skyrocketed a dramatic 75%, to a current price of $43,924.…
A federal judge accepted Binance founder Changpang “CZ” Zhao’s guilty plea to money laundering, but hasn’t decided if he can leave the United States before his February sentencing date. In a Dec. 6 filing to a Seattle District Court, Judge Richard Jones said he accepted Zhao’s guilty plea to one count of Bank Secrecy Act violations, which he submitted over…
In the fast-evolving digital art and design world, AI image generators have quickly become indispensable tools for creators. Whether you’re a professional designer, a hobbyist, or just someone looking to spice up your social media feed, the right art generator can make all the difference. Each platform offers unique strengths, from MidJourney’s vivid, photorealistic compositions to the total creative control…
Anatoly Legkodymov, co-founder and former CEO of cryptocurrency exchange Bitzlato, pleaded guilty to one count of operating an unlicensed money services business on Dec. 6. Legkodymov appeared in New York Eastern District Court in Brooklyn before Judge Eric Vitaliano. In court, Legkodymov agreed to dissolve Bitzlato and forfeit $23 million in cryptocurrency. He had filed a criminal cause for pleading,…
