Midjourney, the generative image creation tool perhaps best known for running inside a Discord server, is spreading its AI wings. The creators of Midjourney announced on Tuesday that they plan to introduce a “text to video” model in the next few months. The company will begin training its video models starting in January, CEO David Holz said during an “Office…
It can be tough to keep track of all of the token airdrops on the horizon, but there’s one of particular interest to Solana users: the launch of JUP, the token of decentralized exchange (DEX) aggregator Jupiter. We previously heard that the Jupiter team was targeting a January launch, but now there’s a narrower window if you’d like to plan…
Can scrappy, decentralized, open-source artificial intelligence models compete with well-funded proprietary ones like OpenAI’s powerful GPT-4? The frequently asked question fueled a lively debate on Twitter after a former Google AI researcher picked a side. Arnaud Benard, co-founder of Galileo AI, threw down the gauntlet, saying, “If you think open-source models will beat GPT-4 this year, you’re wrong.” He cited…
New year, SEIYAN meme coin hype on the Sei Network. The SEI network’s eponymous token has seen a 43% increase in the past week and is currently sitting at a $1.6 billion market capitalization. But that’s nothing compared to the price action on the SEIYAN meme coin, so-named for the Dragon Ball inspired term that SEI token holders have given…
Solana’s surging fortunes of late have produced a surprising result in the NFT market: monthly sales volume of NFTs on the network beat that of NFTs on Ethereum in December 2023, for the first time ever. According to data from analytics platform CryptoSlam, Solana NFT sales tallied about $366.5 million worth in December compared to $353.2 million on Ethereum. CryptoSlam’s…
Long-time crypto critic Jim Cramer appears to have had a change of heart—at least regarding Bitcoin. “You can’t kill it,” the Mad Money host said on CNBC’s Squawk on the Street show on Tuesday. Along with Warren Buffett and his late business partner, the CNBC host has been notoriously bearish on cryptocurrency. But Cramer says Munger missed the boat on…
Grammy Award-winning rapper Drake continued his paid promotion of crypto gambling site Stake this week by announcing the betting platform’s two-year naming sponsorship of the Sauber Formula 1 (F1) racing team, which began as of the start of 2024. “Buckle up,” Drake says in a voiceover for an Instagram video promoting the rebranded team, which has been dubbed the Stake…
It’s a new year, but airdrop season is continuing at full force into 2024. The latest: Dymension, a network for deploying app chains called “RollApps,” has revealed a token drop for more than a million crypto users across various chains and projects. Dymension is a layer-1 blockchain built on Cosmos and the inter-blockchain communication protocol (IBC) to enable connections across…
Crypto asset manager Grayscale has again amended its Bitcoin exchange-traded fund (ETF) filing with the Securities and Exchange Commission—but there is an important part missing. In the latest amendment, Grayscale has not mentioned who will partner with the firm as an authorized participant. In the world of ETFs, an authorized participant is the organization that works to create and redeem…
MIAMI BEACH—Just before daybreak, I found myself sucked into a large sectional between a terrifying, bald, Persian cat and a kindly brown wiener dog, desperately trying to claw my way out of a k-hole. I was in Miami for Art Basel, the annual art lollapalooza that had emerged as the year’s most important gathering of the NFT/digital art world. The…
