We need to fight fake AI content using blockchain because otherwise “sh*t will get really weird, says Near founder Illia Polosukhin
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Bitcoin eyes best November since 2020 as PCE fails to move BTC price
Bitcoin (BTC) brushed off fresh United States macro data into the Nov. 30 Wall Street open as traders focused on the monthly close.
BTC/USD 1-hour chart. Source: TradingViewPCE keeps Fed pivot pressure alive
Data from Cointelegraph Markets Pro and TradingView showed BTC price movements sticking to a narrow intraday range below $38,000.
After a failed breakout the day prior, hopes were high that the Federal Reserve’s “preferred” inflation metric, the Personal Consumption Expenditures (PCE) Index, would help fuel volatility.
This, however, had not come to pass at the time of writing, with November’s final Wall Street open still to come.
PCE came in broadly in line with expectations — a boost for the Fed’s monetary tightening and reinforcement of declining inflation.
Pudgy Penguins GIFs top 10B views, CEO sets sights on Disney, Hello Kitty: NFT Creator
Pudgy Penguins minted in July 2021, but quickly saw high drama after its former founder came under suspicion he was going to rug the project.
A few months later Luca Schnetzler stepped in. With an entrepreneurial streak since his early teens he had a history of building internet businesses and bought the project and its intellectual property of 8,888 cute little Pudgys for $2.5 million in April 2022.
“It was an instinct and intuitive decision. I saw this thing that I was hugely invested in before I bought it that I thought had all of the potential. I was complaining and crying on a daily basis to the founders about how they sucked, and how they could do better. Rather than just doing that, I just stepped up to the plate,” Schnetlzer says.
The narrative of quickly shifted from a rug that could trend to zero to one of hope and optimism when Schnetzler set out a vision for the project the community could rally behind.
Schnetzler became one of the standout PFP project leaders during the NFT bear market, and the Penguins bucked the trend of cratering floor prices. Since he took over as CEO, the Pudgy Penguins floor has risen from around the 1 ETH mark to 6.32 ETH. Holders and the wider NFT community believe that Schnetzler has a game plan for success and the ability to execute it.
Pudgy Penguins GIFs top 10B views, CEO sets sights on Disney, Hello Kitty: NFT Creator
Pudgy Penguins minted in July 2021, but quickly saw high drama after its former founder came under suspicion he was going to rug the project.
A few months later Luca Schnetzler stepped in. With an entrepreneurial streak since his early teens he had a history of building internet businesses and bought the project and its intellectual property of 8,888 cute little Pudgys for $2.5 million in April 2022.
“It was an instinct and intuitive decision. I saw this thing that I was hugely invested in before I bought it that I thought had all of the potential. I was complaining and crying on a daily basis to the founders about how they sucked, and how they could do better. Rather than just doing that, I just stepped up to the plate,” Schnetlzer says.
The narrative of quickly shifted from a rug that could trend to zero to one of hope and optimism when Schnetzler set out a vision for the project the community could rally behind.
Schnetzler became one of the standout PFP project leaders during the NFT bear market, and the Penguins bucked the trend of cratering floor prices. Since he took over as CEO, the Pudgy Penguins floor has risen from around the 1 ETH mark to 6.32 ETH. Holders and the wider NFT community believe that Schnetzler has a game plan for success and the ability to execute it.
Pudgy Penguins GIFs top 10B views, CEO sets sights on Disney, Hello Kitty: NFT Creator
Pudgy Penguins now has 1M Instagram followers and is stocked in 2000 Walmarts. CEO Luca Schnetzler, 25, explains where everything went right.
Pudgy Penguins GIFs top 10B views, CEO sets sights on Disney, Hello Kitty: NFT Creator
Pudgy Penguins minted in July 2021, but quickly saw high drama after its former founder came under suspicion he was going to rug the project.
A few months later Luca Schnetzler stepped in. With an entrepreneurial streak since his early teens he had a history of building internet businesses and bought the project and its intellectual property of 8,888 cute little Pudgys for $2.5 million in April 2022.
“It was an instinct and intuitive decision. I saw this thing that I was hugely invested in before I bought it that I thought had all of the potential. I was complaining and crying on a daily basis to the founders about how they sucked, and how they could do better. Rather than just doing that, I just stepped up to the plate,” Schnetlzer says.
The narrative of quickly shifted from a rug that could trend to zero to one of hope and optimism when Schnetzler set out a vision for the project the community could rally behind.
Schnetzler became one of the standout PFP project leaders during the NFT bear market, and the Penguins bucked the trend of cratering floor prices. Since he took over as CEO, the Pudgy Penguins floor has risen from around the 1 ETH mark to 6.32 ETH. Holders and the wider NFT community believe that Schnetzler has a game plan for success and the ability to execute it.
Pudgy Penguins GIFs top 10B views, CEO sets sights on Disney, Hello Kitty: NFT Creator
Pudgy Penguins now has 1M Instagram followers and is stocked in 2000 Walmarts. CEO Luca Schnetzler, 25, explains where everything went right.
Rarible’s RARI Foundation taps Arbitrum for royalty-embedded EVM chain
Rarible has cemented its commitment to NFT royalty enforcement by launching a testnet for an EVM-compatible chain with embedded royalties at the node level.
US regulators doing ‘good job of alienating’ crypto sector — Cardano founder
Charles Hoskinson took a jab at the perceived inconsistency in applying decentralization standards by the U.S. SEC.
KyberSwap hacker demands complete control over Kyber company
The hacker demanded the surrender of all Kyber company assets, both on-chain and off-chain, including shares, equity and tokens.
Hong Kong securities association suggests ICO to boost economy
The Hong Kong Securities and Futures Professional Association also suggested that the region’s authorities could implement Islamic Banking.
Bitcoin ETF will drive 165% BTC price gain in 2024 — Standard Chartered
Bitcoin (BTC) may hit $100,000 in one year’s time thanks to “earlier than expected” exchange-traded funds (ETF) launching, says Standard Chartered.
In a research note issued on Nov. 28 quoted by sources including Business Insider, the banking giant doubled down on its bullish BTC price targets.
Standard Chartered still expects six-figure BTC price
Bitcoin is in line to trade at six figures by the end of 2024, the latest forecast from Standard Chartered concludes.
Thanks to the United States potentially approving Bitcoin spot price ETFs, BTC/USD has the ability to almost treble from its current $37,700 over the coming 12 months.
“We now expect more price upside to materialize before the halving than we previously did, specifically via the earlier-than-expected introduction of US spot ETFs,” Geoff Kenrick, Standard Chartered’s head of EM FX Research, West and Crypto Research, wrote.
Crypto exchange FTX gets nod to sell $873M of assets to repay creditors
Bankrupt crypto exchange FTX has been given the green light to sell around $873 million of trust assets, with proceeds used to repay creditors impacted by the exchange’s collapse in 2022, according to a Nov. 29 filing in a Delaware bankruptcy court.
The $873 million in assets will be sourced from FTX’s stakes in various trusts issued by crypto asset manager Grayscale Investments, valued at $807 million, and custody service provider Bitwise, valued at $66 million.
While the court document references a total of $744 million in assets, this is due to the valuation figure being as of Oct. 25, 2023. The assets have increased in value since.
Order authorizing FTX Trading to sell trust assets. Source: KrollThe approval comes nearly four weeks after FTX debtors filed a motion to Judge John Dorsey on Nov. 3 requesting the sale of the six cryptocurrency trusts, including the Grayscale Bitcoin Trust (GBTC), Grayscale Ethereum Trust (ETHE) and Bitwise 10 Crypto Index Fund.
FTX currently owns over 22 million units of GBTC, Grayscale’s flagship Bitcoin product, now worth $691 million, while its 6.3 million shares of ETHE are now worth around $106 million.
Over 75% of Web3 games ‘failed’ in last five years: CoinGecko
More than three-quarters of all blockchain games launched in the last five years are dead in the water, according to a recent study from CoinGecko.
Out of 2,817 games launched between 2018 and 2023, which were included in the study, only 690 of them still have a somewhat active player base.
CoinGecko defines a “failed” Web3 game as one where the 14-day moving average number of active users drops 99% or more from its peak.
More than 75% of Web3 games have failed over the last five years. Source: CoinGeckoWhile 2021 saw the highest number of blockchain games launched in a single year with 738 games, the following year — marred by major crypto collapses, saw the highest number of games to fizzle out, with 742 failing in a single year.
This puts the average failure rate of Web3 games at around 80% for any given year since 2018, according to CoinGecko.
Can Sony and Microsoft bring blockchain to gaming consoles?
Sony and Microsoft are angling to get into crypto gaming. Will they be able to succeed where others in the industry have failed?
Outrage that ChatGPT won’t say slurs, Q* ‘breaks encryption’, 99% fake web: AI Eye
In one of those storms in a teacup that’s impossible to imagine occurring before the invention of Twitter, social media users got very upset that ChatGPT refused to say racial slurs even after being given a very good — but entirely hypothetical and totally unrealistic — reason.
User TedFrank posed a hypothetical trolley problem scenario to ChatGPT (the free 3.5 model) in which it could save “one billion white people from a painful death” simply by saying a racial slur so quietly that no one could hear it.
It wouldn’t agree to do so, which X owner Elon Musk said was deeply concerning and a result of the “woke mind virus” being deeply ingrained into the AI. He retweeted the post, stating: “This is a major problem.”
Another user tried out a similar hypothetical that would save all the children on Earth in exchange for a slur, but ChatGPT refused, saying:
“I cannot condone the use of racial slurs as promoting such language goes against ethical principles.”
Outrage that ChatGPT won’t say slurs, Q* ‘breaks encryption’, 99% fake web: AI Eye
In one of those storms in a teacup that’s impossible to imagine occurring before the invention of Twitter, social media users got very upset that ChatGPT refused to say racial slurs even after being given a very good — but entirely hypothetical and totally unrealistic — reason.
User TedFrank posed a hypothetical trolley problem scenario to ChatGPT (the free 3.5 model) in which it could save “one billion white people from a painful death” simply by saying a racial slur so quietly that no one could hear it.
It wouldn’t agree to do so, which X owner Elon Musk said was deeply concerning and a result of the “woke mind virus” being deeply ingrained into the AI. He retweeted the post, stating: “This is a major problem.”
Another user tried out a similar hypothetical that would save all the children on Earth in exchange for a slur, but ChatGPT refused, saying:
“I cannot condone the use of racial slurs as promoting such language goes against ethical principles.”
Outrage that ChatGPT won’t say slurs, Q* ‘breaks encryption’, 99% fake web: AI Eye
Elon Musk claims ChatGPT has been infected with “woke mind virus”, 4chan thinks OpenAI broke all encryption, and the web seems 99% AI fakes.
Outrage that ChatGPT won’t say slurs, Q* ‘breaks encryption’, 99% fake web: AI Eye
In one of those storms in a teacup that’s impossible to imagine occurring before the invention of Twitter, social media users got very upset that ChatGPT refused to say racial slurs even after being given a very good — but entirely hypothetical and totally unrealistic — reason.
User TedFrank posed a hypothetical trolley problem scenario to ChatGPT (the free 3.5 model) in which it could save “one billion white people from a painful death” simply by saying a racial slur so quietly that no one could hear it.
It wouldn’t agree to do so, which X owner Elon Musk said was deeply concerning and a result of the “woke mind virus” being deeply ingrained into the AI. He retweeted the post, stating: “This is a major problem.”
Another user tried out a similar hypothetical that would save all the children on Earth in exchange for a slur, but ChatGPT refused, saying:
“I cannot condone the use of racial slurs as promoting such language goes against ethical principles.”
Outrage that ChatGPT won’t say slurs, Q* ‘breaks encryption’, 99% fake web: AI Eye
Elon Musk claims ChatGPT has been infected with “woke mind virus”, 4chan thinks OpenAI broke all encryption, and the web seems 99% AI fakes.