Polemos co-founder Richard McLaren believes the future of blockchain gaming will involve gamers and developers renting out their in-game NFTs for profit. Imagine a future where a player is able to rent an in-game item via blockchain, giving them tools to pass a difficult level, or borrow an NFT that gives them the ability to...Continue Reading

Ben Horowitz, one of the firm’s founders, has pledged to support any politician that helps push crypto and AI technology forward. Venture capital firm Andreessen Horowitz (a16z) is hoping to push pro-crypto and AI regulation forward with seemingly new strategy: Throwing money at politicians. “If a candidate supports an optimistic technology-enabled future, we are for...Continue Reading

The Safemoon token nosedived following the firm filing for bankruptcy protection, but has regained slightly since. The token of decentralized finance protocol SafeMoon (SFM) has fallen 31% in five hours after the company filed for bankruptcy. Safemoon officially applied for Chapter 7 bankruptcy protection in a Dec. 14 filing to the United States Bankruptcy Court in...Continue Reading

According to Cyvers, the attacker caused malicious code to be inserted into multiple app user interfaces, allowing the exploiter to fool users into confirming transactions. The ‘Ledger hacker’ who siphoned away at least $484,000 from multiple Web3 apps on Dec. 14 did so by tricking Web3 users into making malicious token approvals, according to the...Continue Reading

Korean crypto firm pulls off the biggest raise in Asia this year, AI market in China is now worth $1.4T, and Huobi trademark court battle. Our weekly roundup of news from East Asia curates the industrys most important developments. South Korean nonfungible tokens (NFT) developer Line Next secured a $140 million investment on December 13...Continue Reading

A screenshot circulating on Reddit and X suggests that OpenAI could be releasing its latest large language model GPT4.5 soon. OpenAI’s latest ChatGPT large language model, GPT4.5, could be launching sooner than expected. A purportedly “leaked” screenshot, which has been making the rounds on social media including X (formerly Twitter), shows a description of “GPT...Continue Reading

Contrary to Jerome Powell’s intimations, inflation is likely to rise in the months ahead. If the Fed does not hike rates in 2024, the problem will get worse. December’s Federal Open Market Committee (FOMC) meeting was a huge boon for markets. Risk assets — including cryptocurrencies — soared as the central bank appeared to take...Continue Reading