The late Berkshire Hathaway Vice Chairman Charlie Munger called it “rat poison”; the company’s CEO, Warren Buffett, called it “rat poison squared.” Both agreed it was “worthless.” Now, it’s bigger than both of them—and some of Wall Street’s other favorite companies. Off a weeks-long sprint of consistent gains, Bitcoin is now more valuable than financial behemoth Berkshire Hathaway, tech giant…
The Securities and Futures Commission (SFC) of Hong Kong has issued a warning related to suspected fraud involving crypto entities Hong Kong Digital Research Institute and BitCuped. In a Dec. 6 notice, the SFC said the Hong Kong Police Force had blocked access to the websites of BitCuped and Hong Kong Digital Research Institute — also known as HongKongDAO —…
Bitcoin has continued its surge this week and is now trading for just under $44,000 a nearly 16% rise over the week. In the past month, it’s up 25%—enough of a jump that “digital gold” has now flipped Meta to become the world’s ninth most valuable asset by market capitalization. But this is just the beginning, according to the analysts who…
If the Digital Asset Anti-Money Laundering Act were to become law, many cryptocurrency providers would have to learn how to comply with the same regulations as traditional financial institutions. Source: https://cointelegraph.com/news/https://cointelegraph.com/magazine/crypto-regulations-us-warren-bitcoin/
Google stunned the tech world on Wednesday with the debut of Gemini, its consumer- and business-facing suite of multimodal artificial intelligence tools. Among the tech giants pushing aggressively into AI, search titan Google seemed to be swimming in the middle space, as Microsoft-backed OpenAI pushed ChatGPT to Turbo and Vision and Anthropic upgraded Claude. As of today, Google bolts out…
Cointelegraph was on the ground during the second edition of the Madeira Blockchain 2023, held between Nov. 30 and Dec. 1. The event featured regional Web3 developments, as well as how the Portuguese islands are looking for startups and tech talent to grow their economy in the digital age. During a roundtable discussion at the conference, studios working on blockchain…
Crypto exchange Binance is reimbursing users and delisting the Anchored Coins Euro stablecoin (AEUR) after the token surged more than 200% in value after listing. According to the Dec. 6 announcement, Binance will compensate users who purchased AEUR at an inflated valuation and failed to sell it after trading was halted earlier in the day. Affected users will receive a…
Real bipartisan legislative efforts are rare in Washington, DC, these days, but Democratic Senators Elizabeth Warren and Joe Manchin and Republican Senators Lindsey Graham and Roger Marshall have managed to come together to co-sponsor a bill focused on crypto crime. According to the senators, the Digital Asset Anti-Money Laundering Act of 2023 aims to close loopholes in the nation’s Anti-Money…
As the use of artificial intelligence (AI) has permeated the creative media space — especially art and design — the definition of intellectual property (IP) seems to be evolving in real time as it becomes increasingly difficult to understand what constitutes plagiarism. Over the past year, AI-driven art platforms have pushed the limits of IP rights by utilizing extensive data…
Legendary American thrash metal band Megadeth announced a new nonfungible token (NFT) collection on Dec. 5, allowing fans exclusive access to content and physical experiences. The band announced the NFTs on social media through a post on X, formerly Twitter, saying the 5000-piece collection features the band’s digital mascot, Vic Rattlehead. Introducing @MegadethDigital. Our 5000-piece generative collection featuring Vic Rattlehead…
