ChatGPT developer OpenAI said it teamed up with top investor Microsoft to thwart five “state-affiliated” cyber attacks. The cyber attacks, OpenAI said on Wednesday, came from two China-affiliated groups—Charcoal Typhoon and Salmon Typhoon—as well as from Iran-affiliated Crimson Sandstorm, North Korea-affiliated Emerald Sleet, and the Russia-affiliated Forest Blizzard. The groups attempted to use GPT-4 for company and cybersecurity tool research,…
Stability AI, the company behind the wildly popular Stable Diffusion image generator, has just lobbed another grenade into the hotly competitive AI arena. Stability’s brand new Stable Cascade, powered by the new, open-source Würstchen architecture, provides a highly efficient and modular approach to text-to-image generation, balancing quality, speed, and adaptability. The model achieves a compression factor unlike anything previously seen…
After its oversubscribed initial public offering (IPO), Phoenix Group, a Dubai-based company specializing in bitcoin mining and blockchain infrastructure, has announced a significant 50% increase in net income. The firm further revealed a 20% increase in its annual sales compared to the previous year. Dubai Bitcoin Miner Phoenix Group Records Substantial Increase in Year-on-Year Sales […] Source: https://news.bitcoin.com/bitcoin-mining-company-phoenix-group-reports-50-net-income-increase-and-20-sales-growth/
The “points” meta has overtaken the crypto space as of late, and NFT marketplaces across Ethereum, Solana, and Bitcoin are jumping on the bandwagon (and in some cases driving it) in an attempt to win the hearts, minds, and wallets of traders everywhere. Will points translate to token airdrops? Will the NFT market return to its former glory? And if…
Avalanche continues to build bridges with the traditional finance world. Global bank Citi announced Wednesday that it used Avalanche—the blockchain behind the 10th biggest cryptocurrency, AVAX—to explore the tokenization of private funds. The global bank said that it worked with Wellington Management and WisdomTree to carry out its proof-of-concept trial. The takeaway? “Smart-contract capabilities” could be used to “deliver new…
Statistics reveal that since the onset of February 2024, the stablecoin sector has experienced a significant expansion, with an increase of $1.7 billion in its economy. In the last 30 days, both usd coin and first digital usd witnessed their supplies jump by 9.6% and 40.3%, respectively. The Dual-Edged Sword of Stablecoin Growth As the […] Source: https://news.bitcoin.com/stablecoin-sector-swells-by-1-7-billion-in-february-usdc-and-fdusd-lead-supply-growth/
It’s the hit game that crypto gamers can’t stop talking about on Ethereum scaling network Ronin—and no, it’s not Axie Infinity this time around. It’s Pixels, a relatively simple and social farming game that has quickly amassed a sizable following. Pixels takes cues from beloved games like Harvest Moon, Stardew Valley, and Animal Crossing, but layers in crypto elements like…
Superchief Gallery will open what’s being hailed as the world’s first gallery dedicated to Bitcoin Ordinals artwork, the company announced Wednesday. Located in San Francisco, the new gallery marks a collaboration with the Ordinals-centric Cypherpunk Lab collective—alongside neurotechnology startup Nuro Realm and software firm Deezy Labs—to inaugurate Superchief Gallery San Francisco. The San Francisco gallery aims to be a permanent…
During a Wednesday morning interview with CNBC, SEC Chair Gary Gensler again reiterated that the approval of Bitcoin ETF in January was not an endorsement of the digital asset itself. Last month, the U.S. Securities and Exchange Commission approved nearly a dozen spot Bitcoin ETFs. While the crypto faithful saw this as capitulation, Gensler said this was not the case.…
The price of bitcoin soared past the $52K milestone on Wednesday, reaching $52,056 per unit on Bitstamp at 10:05 a.m. Eastern Time. Bitcoin’s meteoric rise over the past day triggered a wave of liquidated leveraged positions, wiping out $89.28 million in short positions. ‘Sustained High Levels of Illiquid Supply’ Bolster Bitcoin’s Price After the U.S. […] Source: https://news.bitcoin.com/bitcoin-short-squeeze-wipes-out-89m-as-price-surges-to-52k-etf-inflows-hit-4b/
