Ray Chan purchased Nobody #889 for $47,300 worth of ETH. Ray Chan, the Hong Kongese co-founder and CEO of entertainment platform 9GAG, has purchased a Stephen Chow “Nobody” nonfungible token (NFT) at a price of 19.527 Ether ($47,300), representing a 3,155% premium over the collection’s current floor price of 0.6 Ether ($1,450). The Nobody 889...Continue Reading

Research suggests keeping GPT-4 away from the nukes, SEGA’s 80’s AI computer, AI’s suck at travel planning, crypto exit strategies: AI Eye. There were some interesting developments in the burgeoning field of Terminator AI Doomsday Scenario research, with two new studies out recently. The more worrying of the two comes from Stanford researchers who suggest...Continue Reading

The former crypto CEO was convicted of seven felony counts on Nov. 3 and is scheduled to appear for sentencing in March. For one of the first times since the conclusion of his first criminal trial, former FTX CEO Sam “SBF” Bankman-Fried will appear before a judge to address potential conflicts of interest in his...Continue Reading

Physically backed Bitcoin ETFs, like the Bitwise Bitcoin ETF, are safer than any other ETFs due to their unique accounting system, Core Scientific founder Darin Feinstein believes. With the arrival of spot Bitcoin exchange-traded funds (ETF), traditional traders in the United States has obtained a unique investment tool with features that have never been seen before,...Continue Reading

Jeff, the founder of Merlin Chain, argues that Ethereum can handle most of the innovations built on layer-2 networks, but Bitcoin cannot, making layer-2s more important for the Bitcoin ecosystem. Bitcoin decentralized finance (DeFi), or BTCFi, a new movement seeking to bring DeFi to the Bitcoin network, has grown in popularity since the advent of Ordinals and...Continue Reading

The Appellate Court of Montenegro previously canceled Kwon’s extradition approval to either the United States or South Korea in mid-December 2023. A court in Montenegro has again canceled the extradition of Terraform Labs co-founder Do Kwon, accepting the appeal by Kwon’s defense attorneys. The Appellate Court of Montenegro accepted the appeal of Kwon’s defense in...Continue Reading

A spot Ether ETF could become a cross-over between the traditional and crypto markets. After many years of rejected applications, the United States Securities and Exchange Commission approved a slew of spot Bitcoin exchange-traded fund (ETF) applications on Jan. 10.  Since launching, billions of dollars have been injected into the new Bitcoin (BTC) ETFs. The...Continue Reading

The U.S. released an all-star list of tech companies that will participate in its AI safety consortium including Microsoft, Meta, Nvidia and Google, calling the initiative the “first of its kind.” The United States Department of Commerce announced on Feb. 8 the creation of its AI Safety Institute Consortium (AISIC), filled with a hefty list...Continue Reading

South Korean prosecutors are reportedly examining if WeMade withheld giving private keys to users, which would mean the video game developer violated local reporting rules. South Korean Web3 game developer WeMade has dismissed allegations of coin over-issuance fraud by the financial investigation department of the Seoul Southern District Prosecutors Office. In an official announcement on...Continue Reading

Bitcoin sees a $1,300 daily candle, but a $1 billion surge in open interest sparks concern over BTC price strength at new levels. Bitcoin (BTC) held around 3% higher on Feb. 8 as crypto markets teased some much-needed upside. Data from Cointelegraph Markets Pro and TradingView showed BTC price action focusing on $44,700. The largest...Continue Reading