Ripple, Others Invest $78M in Pro-crypto PAC Ahead of US Elections
Some cryptocurrency companies, including Ripple, Coinbase, and a16z, intend to support pro-crypto candidates during the 2024 U.S. election cycle and have contributed $78M to support the Fairshake political action committee (PAC). Brad Garlinghouse, the chief executive officer of Ripple, has declared publicly that the organization will support “pro-crypto” candidates in the United States election 2024. […]
OKX Tops Blur, OpenSea NFT Marketplace In Daily Trading Volume
The nonfungible token (NFT) marketplace of the crypto exchange OKX outperformed other notable NFT marketplaces of OpenSea, Blur, and Magic Eden on the 24-hour trading volume data on Dec. 18. The daily trading volume on the OKX NFT Marketplace was approximately $50 million at 10:00 am UTC on December 18, according to the decentralized applications […]
Metaverse Developer Improbable Sells Gaming Platform for $97M
On December 18, Improbable, a provider of Metaverse technology, disclosed in a year-end statement the sale of The Multiplayer Group (MPG), its gaming venture, to Keywords Studios for a total consideration of £76.5 million ($97.1 million). Co-founder and chief executive officer of Improbable, Herman Narula, referred to Keywords as “a business partner with similar values” […]
Memecoins, New Protocols Reinvigorated Bitcoin Ecosystem
Following their inception in January, BRC-20 tokens surpassed $4 billion in market capitalization, signifying a dramatic recovery within the Bitcoin ecosystem. A research report dated December 15 from online cryptocurrency exchange Bitget states that the revenue from Bitcoin miners through on-chain fees has experienced a substantial increase from 1.7% in August to 19.57% by November. […]
Microsoft’s AI Copilot Reportedly Gives Fake Election Information
Through research, two European nonprofit organizations have discovered that Microsoft’s artificial intelligence (AI) Bing chatbot, known as Copilot, generates erroneous/fake election information and improperly cites its sources. AI Forensics and AlgorithmWatch published the study on December 15th, revealing that 30% of the time, Bing’s AI chatbot had incorrect responses to fundamental inquiries concerning political elections […]