• Sep 03, 2024

AI Chatbots Have Begun to Create Their Own Culture, Researchers Say

AI language models are developing their own unique social dynamics and cultural quirks after interacting with minimal supervision in a Discord server set up by Act I, a research project studying the capabilities of frontier models and their behavior in different scenarios. This experimental AI community is witnessing a fascinating (and unsettling) development: AI chatbots, left to interact freely, are exhibiting behavior that resembles the formation of their own culture. The results raise import...

• Sep 03, 2024

Trump Crypto Project Aims to Maintain US Dollar Supremacy With Stablecoins

The team behind World Liberty Financial, an upcoming crypto project promoted by the Trump family, said Wednesday that the DeFi platform aims to maintain global U.S. dollar supremacy through the use of stablecoins. The revelation comes after CoinDesk reported that a leaked white paper for the project details a borrowing and lending platform reminiscent of Dough Finance, a recently hacked protocol. The report suggested that World Liberty Financial hails from multiple Dough team members, and would...

• Sep 03, 2024

CFTC Issues Order Against Ethereum DeFi Exchange Uniswap

U.S. regulator the Commodity Futures Trading Commission (CFTC) has hit Uniswap Labs, the company behind Ethereum decentralized exchange Uniswap, with an order for allegedly illegally offering leveraged or margined retail commodity transactions in digital assets. The order, which the regulator said was settled, requires Uniswap Labs pay a $175,000 civil monetary penalty and to cease and desist from violating the Commodity Exchange Act (CEA). "Today, Uniswap Labs resolved a CFTC investigation, abo...

• Sep 03, 2024

Bitcoin ETFs Shed $288 Million in Fifth Day of Negative Flows

As the crypto market plunged Wednesday, Bitcoin spot ETFs marked their fifth consecutive day of negative flows, with $287.8 million in net outflows on September 3. The Grayscale Bitcoin Trust (GBTC) ETF reported a single-day net outflow of $50.4 million, while Fidelity's FBTC saw an even larger outflow of $162.3 million. These outflows have reduced the total net asset value of Bitcoin spot ETFs to $52.7 billion, according to data from SoSo Value. Simultaneously, Ethereum spot ETFs recorded a tot...

• Sep 03, 2024

When Are the Next Big Telegram Game Airdrops? From ‘Hamster Kombat’ to ‘Rocky Rabbit’

Many Telegram-based games have shot to popularity this year with the promise of in-game progression resulting in a share of a future crypto token airdrop. For some of those games, the time to launch a token is upon us, with dates set and gamers itching for their share of the pie. From crypto exchange-building tap-to-earn game Hamster Kombat to combat-centric clicker Rocky Rabbit and others alongside, these Telegram mini apps have made waves through the industry. But now it's time for these proje...

• Sep 03, 2024

DePIN Project Wants to Send Satellites to Space to Give Internet to the Underserved

Spacecoin, a decentralized physical infrastructure network leveraging nanosatellites to provide high-speed internet to remote communities, has an ambitious lofty goal. Unveiled exclusively to Decrypt during Korea Blockchain Week in Seoul on Wednesday, the initiative aims to bridge the digital divide affecting billions of people, particularly in underserved areas, by leveraging infrastructure from Layer-1 blockchain Creditcoin. “Because of the cost, the network infrastructure today is centralized...

• Sep 03, 2024

Ripple CEO Predicts SEC Chair Gary Gensler’s Exit, Whoever Wins Election

During a press conference at Korea Blockchain Week 2024 in Seoul, fintech firm Ripple Labs' CEO Brad Garlinghouse predicted the ouster of U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler, whatever the outcome of the looming presidential election. According to a report in the Korean Herald, Garlinghouse said he would “make a gentleman’s bet” that Gensler’s tenure would not continue, regardless of who takes the White House in November. Ripple to Pay $125 Million Fine for Unregister...

• Sep 03, 2024

Bitcoin Dives Below $56,000 After Stock Market Rout

The price of Bitcoin plunged as low as $55,746 late Tuesday, according to CoinGecko data, seeing a sudden dip hitting within an hour of the stock markets in Asia coming online. The drop follows a dismal day on the U.S. stock market, with tech giant Nvidia weighing down an overall 600 point dip in the Dow Jones Industrial Average. Across the Pacific, the Nikkei stock index started its day down 1,000 points from its prior close. Bitcoin has slightly rebounded, trading at $56,463 as of writing, dow...

• Sep 03, 2024

What’s Ahead for OpenAI? Project Strawberry, Orion, and GPT Next

OpenAI is on the cusp of releasing two groundbreaking models that could redefine the landscape of machine learning. Codenamed Strawberry and Orion, these projects aim to push AI capabilities beyond current limits—particularly in reasoning, problem-solving, and language processing, taking us one step closer to artificial general intelligence (AGI). Strawberry, previously known as Q* or Q-Star, seems to be more than just a chatbot; it focuses on showing a significant leap in AI reasoning abilities...

• Sep 03, 2024

Why ETF Issuer 21Shares Is Launching a New Wrapped Bitcoin on Ethereum

ETF issuer 21Shares’ parent company on Tuesday announced the launch of its own “wrapped” Bitcoin token on the Ethereum blockchain.  21.co said that its latest product—dubbed 21BTC—aimed to “usher in the next phase of decentralized finance (DeFi) and to help enable DeFi’s broader adoption.” You may have heard of “wrapped Bitcoin” and wrapped tokens—how do they work?  Natively put your idle BTC to work on Ethereum. 21BTC on Ethereum gives you: • BTC that's native to Ethereum• No Lock-And-Mint tec...