While OpenAI keeps teasing Sora after months of delays, Tencent quietly dropped a model that is already showing comparable results to existing top-tier video generators. Tencent has unveiled Hunyuan Video, a free and open-source AI video generator, strategically timed during OpenAI’s 12-day announcement campaign, which is widely anticipated to include the debut of Sora, its highly anticipated video tool. “We…
Month: December 2024
Australia to crack down on crypto ATM providers, citing money laundering risk
Australia has the third largest number of crypto ATMs in the world and regulators are worried they could be facilitating financial crime. Source: https://cointelegraph.com/news/australian-government-agency-forms-crypto-atm-taskforce?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Trump Appoints David Sacks as ‘White House AI and Crypto Czar’ to Oversee Regulation
President-elect Donald Trump has appointed venture capitalist David Sacks to oversee artificial intelligence and crypto policy initiatives for his second term, marking a significant shift in the U.S.’s approach to emerging technologies. Trump announced the appointment through his Truth Social platform on Thursday, positioning Sacks, co-founder of Craft Ventures LLC, to lead both the newly created technology czar position and…
Trump Appoints David Sacks as AI and Crypto Czar
President-elect Donald Trump has announced via Truth Social the appointment of entrepreneur and investor David O. Sacks as the “White House A.I. & Crypto Czar.” In this newly created role, Sacks will lead policy initiatives in artificial intelligence and cryptocurrency, areas Trump describes as “critical to the future of American competitiveness.” A prominent figure in […] Source: https://news.bitcoin.com/trump-appoints-david-sacks-as-ai-and-crypto-czar/
Trump names podcaster David Sacks as ‘AI and crypto czar’
Donald Trump has appointed David Sacks, known for co-hosting the “All In” podcast, as his chief AI and crypto adviser. Source: https://cointelegraph.com/news/trump-names-david-sacks-ai-crypto-czar?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
XRP Wobbles but Won’t Fall: Weekly Gains and Prediction Buzz Persist
On Thursday, while bitcoin hit an all-time high in price, XRP, currently the fourth-largest cryptocurrency, faced a less fortunate day. It dropped 3.9% against the U.S. dollar. Despite the slip, XRP remains on an impressive upward trajectory, boasting a 56% gain over the past week. From $2.25 to Big Bets on Polymarket: XRP’s Tumultuous Ride […] Source: https://news.bitcoin.com/xrp-wobbles-but-wont-fall-weekly-gains-and-prediction-buzz-persist/
Circle says USDC is first stablecoin to meet Canada’s new listing rules
Non-compliant stablecoins listed on Canadian-registered crypto platforms will be required to be delisted by Dec. 31, 2024. Source: https://cointelegraph.com/news/circles-usdc-becomes-first-compliant-stablecoin-under-new-canada-rules?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin Plunges $6K in Minutes, Recovers to $98K as Crypto Liquidations Top $1 Billion
On Thursday, the price of the world’s largest crypto plunged to its lowest level in over a week within minutes, sparking over $1 billion in digital asset liquidations before sharply rebounding. Starting at 5:26 pm ET, Bitcoin’s price plunged 6.3% to a low of $92,000 within three minutes. It then quickly rebounded above $97,600 before dipping another 1%, according to…
Binance Launches Onchain Yields With Bitcoin Staking
Binance is doubling down on its commitment to bridging traditional finance and defi with the introduction of Babylon bitcoin staking. Earn Passive Income By Staking Bitcoin on Binance Binance has unveiled its latest offering for decentralized finance (defi) with onchain yields through Babylon bitcoin Staking. The announcement stated that this initiative aims to provide users […] Source: https://news.bitcoin.com/binance-launches-onchain-yields-with-bitcoin-staking/
Financial Times issues ’apology’ to Bitcoiners after 13 years of criticism
The apology was wrapped in a “sorry, not sorry” tone as FT Alphaville’s city editor said the firm still stands by “every single one of those posts.” Source: https://cointelegraph.com/news/financial-times-issues-weak-apology-bitcoiners?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound