Smart contract development firm Thirdweb reported a security vulnerability that potentially “impacts a variety of smart contracts across the Web3 ecosystem.” On Dec. 4, Thirdweb reported a vulnerability in a commonly used open-source library that could impact certain pre-built smart contracts, including some of its own. However, Thirdweb’s investigations concluded that the smart contract vulnerability has not yet been exploited, allowing…
Month: December 2023
Hashdex tips spot Bitcoin ETFs to trade by Q2, followed by Ethereum
Hashdex, one of the 13 asset managers vying for spot Bitcoin (BTC) exchange-traded fund, expects to see the first spot Bitcoin ETF in the United States land by the second quarter of 2024, followed by a spot Ether (ETH) ETF. “The exact timing of a spot Bitcoin ETF in the U.S. remains unclear, but in 2023, the narrative around this…
Robinhood crypto trading rises 75% in Nov, CEO tips ‘9 figures’ in revenue
Crypto-friendly trading platform Robinhood has reported a 75% month-on-month increase in digital asset trading volume in November. In an 8-K filing to the Securities and Exchange Commission on Dec. 4, Robinhood noted that “November Crypto Notional Trading Volumes were roughly 75% above October 2023 levels.” The activity however equity trading volumes and options contracts traded were roughly flat in the…
Riot Platforms buys $291M in BTC rigs as miners rakes in from Ordinals
Bitcoin miner Riot Platforms is buying 66,560 Bitcoin mining rigs from manufacturer MicroBT, in one of its largest orders of hash-rate in the firm’s history — ahead of the Bitcoin halving scheduled for April 2024. The additional purchase agreement totaled $290.5 million, Riot stated in a Dec. 4 statement — meaning it paid an average of $4,360 for each machine.…
AI Still Isn’t as Smart as Your Dog: Top Meta Scientist
Yann LeCun, the chief AI scientist at tech giant Meta, recently offered a tempered view on the future of artificial intelligence and quantum computing—a striking departure from the hyper-optimistic (and hyper-pessimistic) forecasts often proclaimed across the tech world. During Meta’s Fundamental AI Research team’s 10-year anniversary gathering, LeCun addressed the current state and future of AI, and went against the…
Coinbase, Marathon stocks surge as Bitcoin lights ‘fire in the cauldron’
Publicly traded crypto firms have notched triple-digit percentage returns this year and closed up in green on Dec. 4, as Bitcoin (BTC) reached a new year-high of over $42,000. Crypto exchange Coinbase (COIN) closed the day at just over $141 with a 5.5% gain, up 320% from its price at the start of the year, per Google Finance data. Bitcoin miners…
AI Chatbot Jailbreaks Reveal Private Data from OpenAI and Amazon
ChatGPT developer OpenAI has plugged a hole that prompted its flagship chatbot to reveal internal company data. The leading AI firm has classified the hack—prompting ChatGPT to repeat a word over and over, indefinitely—as spamming the service, and a violation of its terms of service. Amazon’s much newer AI agent, Q, has also been flagged for sharing too much. Researchers…
Bitcoin the ‘main beneficiary’ as crypto funds notch 10-week streak
Bitcoin (BTC)-related investment products have become the “main beneficiary” of recent investor interest in crypto, amid growing anticipation of a spot Bitcoin ETF approval in the United States. A total of $1.76 billion of investors’ funds have flowed into crypto products over a 10-week period, making up for the largest inflows over such a period since October 2021 — when…
Director Jordan Bayne on the State of Film3
Director Jordan Bayne on the State of Film3 At the 2023 Film3 Summit, Jordan Bayne—director and founder of The Squad—spoke with Decrypt’s Sander Lutz about how the Film3 world has progressed over the last year and what decentralized technologies can offer to creators that want to buck the Hollywood system. Source: https://decrypt.co/videos/interviews/ZLoEDkL9/director-jordan-bayne-on-the-state-of-film3
Grand Theft Auto 6 Officially Revealed—Watch the First Trailer
The first trailer for the next Grand Theft Auto game was supposed to release early Tuesday, but following an unexpected leak on Monday afternoon, Rockstar Games went ahead and released the first glimpse at what is officially called Grand Theft Auto 6. The first trailer appears to confirm many of the earlier leaks about the game, including a return to…