He added that,unlike Horizon Worlds, Yuga’s upcoming Otherside metaverse — in development since at least March 2022 with no official launch date — came from a need by their community of nonfungible tokenholders to have a digital space to connect. o far, Otherside has only been glimpsed through a handful of early access demos and a “vibe check” by a focus group in July. Alegre said Yuga recently conducted another limited experience of Otherside with “core members.” Otherside’s up-and-running p...

He added that,unlike Horizon Worlds, Yuga’s upcoming Otherside metaverse — in development since at least March 2022 with no official launch date — came from a need by their community of nonfungible tokenholders to have a digital space to connect. o far, Otherside has only been glimpsed through a handful of early access demos and a “vibe check” by a focus group in July. Alegre said Yuga recently conducted another limited experience of Otherside with “core members.” Otherside’s up-and-running p...

United States-based commercial insurer CNA Financial has excluded NFT coverage from a $20-million policy. In an SEC filing, the insurer attached an exclusion to the document about Schwab Strategic Trust’s policy. The exclusion highlighted that the bond will not cover damages, losses or lawsuits related to NFTs. The document defined NFTs as any digital identifier connected to digital ledger technology. Google made an update to its crypto ad policy to enable NFT game advertisements as long as g...

United States-based commercial insurer CNA Financial has excluded NFT coverage from a $20-million policy. In an SEC filing, the insurer attached an exclusion to the document about Schwab Strategic Trust’s policy. The exclusion highlighted that the bond will not cover damages, losses or lawsuits related to NFTs. The document defined NFTs as any digital identifier connected to digital ledger technology. Google made an update to its crypto ad policy to enable NFT game advertisements as long as g...

For a long time, Solana has been associated with the founder of now-insolvent crypto exchange FTX and hedge fund Alameda Research, Sam Bankman-Fried. He was an early investor in the project and invested in numerous Solana ecosystem projects during the 2020-2021 bull mania. So when FTX collapsed toward the end of 2022, Solana SOL $19 Moreover, derivatives traders piled on with short orders after the announcement, which could result in a counter move to the upside. and other “Sam coins” plummet...

For a long time, Solana has been associated with the founder of now-insolvent crypto exchange FTX and hedge fund Alameda Research, Sam Bankman-Fried. He was an early investor in the project and invested in numerous Solana ecosystem projects during the 2020-2021 bull mania. So when FTX collapsed toward the end of 2022, Solana SOL $19 Moreover, derivatives traders piled on with short orders after the announcement, which could result in a counter move to the upside. and other “Sam coins” plummet...

Macroeconomic factors have played a significant role in mitigating investor pessimism, given that inflation in the United States accelerated for the second consecutive month, reaching 3.7%, according to the most recent Consumer Price Index report. Such data reinforces the belief that the U.S. government’s debt will continue to surge, compelling the Treasury to offer higher yields. Scarce assets are poised to benefit from the inflationary pressure and the expansive monetary policies aimed at b...

Macroeconomic factors have played a significant role in mitigating investor pessimism, given that inflation in the United States accelerated for the second consecutive month, reaching 3.7%, according to the most recent Consumer Price Index report. Such data reinforces the belief that the U.S. government’s debt will continue to surge, compelling the Treasury to offer higher yields. Scarce assets are poised to benefit from the inflationary pressure and the expansive monetary policies aimed at b...

The analysis also points to the return of so-called event-based volatility, where isolated events can have a bigger impact on prices and overall market movements. In August, two isolated events had a significant impact on Bitcoin prices. On Aug. 17, a flash crash resulted in a sell-off of over 11.4% for BTC. Similarly, Grayscale’s partial legal victory over the Securities and Exchange Commission on Aug. 29 resulted in a 7.6% price jump within two hours. “We believe that while volatility metri...

The analysis also points to the return of so-called event-based volatility, where isolated events can have a bigger impact on prices and overall market movements. In August, two isolated events had a significant impact on Bitcoin prices. On Aug. 17, a flash crash resulted in a sell-off of over 11.4% for BTC. Similarly, Grayscale’s partial legal victory over the Securities and Exchange Commission on Aug. 29 resulted in a 7.6% price jump within two hours. “We believe that while volatility metri...

A set of guidelines published by the Chinese government in June dictated that, going forward, all AI technologies released to the public would require a special vetting and certification process. The rules went into effect on Aug. 15. As Cointelegraph reported, a number of Chinese companies were given approval to launch models, including Baidu, Tencent, TikTok and ByteDance. Related: Tencent unveils ChatGPT rival in China amid continuing US AI chip ban Among the provisions included in the upd...

A set of guidelines published by the Chinese government in June dictated that, going forward, all AI technologies released to the public would require a special vetting and certification process. The rules went into effect on Aug. 15. As Cointelegraph reported, a number of Chinese companies were given approval to launch models, including Baidu, Tencent, TikTok and ByteDance. Related: Tencent unveils ChatGPT rival in China amid continuing US AI chip ban Among the provisions included in the upd...

Over the past 10 days, North Korea’s Lazarus Group has been linked to two separate hacks — Stake ($40 million) on Sept. 4 and CoinEx ($ on Sept. 4 and CoinEx ($55 million) on Sept. 12, combining for a loss of over $95 million. With the latest two hacks, North Korea-linked attacks have made up for about 30% of all crypto funds stolen in hacks this year, noted Chainalysis. "Lazarus continues to be prolific crypto thieves, which is made even more troublesome by the national security threat that ...

Over the past 10 days, North Korea’s Lazarus Group has been linked to two separate hacks — Stake ($40 million) on Sept. 4 and CoinEx ($ on Sept. 4 and CoinEx ($55 million) on Sept. 12, combining for a loss of over $95 million. With the latest two hacks, North Korea-linked attacks have made up for about 30% of all crypto funds stolen in hacks this year, noted Chainalysis. "Lazarus continues to be prolific crypto thieves, which is made even more troublesome by the national security threat that ...

The DeFi Education Fund says a patent owned by True Return Systems is being used to try to profit from lawsuits against decentralized protocols. A decentralized finance (DeFi) advocacy body has petitioned the United States Patent and Trademark Office (USPTO) to review a patent owned by a company it has accused of being a a “patent troll” — a firm that aims to profit from patent lawsuits. In a Sept. 11 blog post, the DeFi Education Fund (DEF) said on Sept. 7 that it filed an over 90-page petit...

The DeFi Education Fund says a patent owned by True Return Systems is being used to try to profit from lawsuits against decentralized protocols. A decentralized finance (DeFi) advocacy body has petitioned the United States Patent and Trademark Office (USPTO) to review a patent owned by a company it has accused of being a a “patent troll” — a firm that aims to profit from patent lawsuits. In a Sept. 11 blog post, the DeFi Education Fund (DEF) said on Sept. 7 that it filed an over 90-page petit...

The Riga cypherpunk reunion convened around the Lightning Network, privacy and a strong anti-CBDC sentiment. Bitcoin’s spirit animal is the honey badger. Bitcoin evangelist turned Bitcoin Cash promoter Roger Ver first popularized the meme in 2013 when he paid $1,500 a month for a billboard in California to display “Bitcoin is the Honey Badger of Money.” Since then, the honey badger has been an elusive beast, occasionally appearing in memes and tweets as well as at its annual hunt on the Balti...

The Riga cypherpunk reunion convened around the Lightning Network, privacy and a strong anti-CBDC sentiment. Bitcoin’s spirit animal is the honey badger. Bitcoin evangelist turned Bitcoin Cash promoter Roger Ver first popularized the meme in 2013 when he paid $1,500 a month for a billboard in California to display “Bitcoin is the Honey Badger of Money.” Since then, the honey badger has been an elusive beast, occasionally appearing in memes and tweets as well as at its annual hunt on the Balti...

Lakehouse empowers enterprise clients to build out their own generative AI models — sort of like a ChatGPT-style AI system that’s trained only on a client’s internal data. This architecture puts privacy controls in the purview of the business client and allows enterprises to fine-tune models in order to inhibit unwanted or erroneous outputs. Related: AI startup Helsing raises $223 million in Series B funding for defense solutions At a valuation of $43 billion, Databricks is one of the highest...

Lakehouse empowers enterprise clients to build out their own generative AI models — sort of like a ChatGPT-style AI system that’s trained only on a client’s internal data. This architecture puts privacy controls in the purview of the business client and allows enterprises to fine-tune models in order to inhibit unwanted or erroneous outputs. Related: AI startup Helsing raises $223 million in Series B funding for defense solutions At a valuation of $43 billion, Databricks is one of the highest...

Asset manager Franklin Templeton applied with the U.S. SEC on Sept. 12 to launch a spot Bitcoin ETF. The S-1 registration statement comes after the SEC delayed decisions on spot ETF applications from WisdomTree, Valkyrie, Fidelity, VanEck, Bitwise and Invesco on Aug. 31 and a court ruling on Aug. 29 that the SEC must consider Grayscale’s application to convert its BTC futures ETF into a spot ETF. Without aggressive marketing tactics, fintech giant PayPal is quietly and consistently venturing ...

Asset manager Franklin Templeton applied with the U.S. SEC on Sept. 12 to launch a spot Bitcoin ETF. The S-1 registration statement comes after the SEC delayed decisions on spot ETF applications from WisdomTree, Valkyrie, Fidelity, VanEck, Bitwise and Invesco on Aug. 31 and a court ruling on Aug. 29 that the SEC must consider Grayscale’s application to convert its BTC futures ETF into a spot ETF. Without aggressive marketing tactics, fintech giant PayPal is quietly and consistently venturing ...

Friend.tech, which was launched in mid-August, enables users to tokenize their social presence by buying keys from other users or selling their own. Related: Stoner Cats NFTs are ‘fan crowdfunding,’ not securities — SEC’s Peirce, Uyeda Given that the keys can financially impact users as they cost money and can fluctuate in value in response to many factors, the move from 3LAU highlights a challenging situation for those who no longer wish to use this type of social media platform. In a follow...

Friend.tech, which was launched in mid-August, enables users to tokenize their social presence by buying keys from other users or selling their own. Related: Stoner Cats NFTs are ‘fan crowdfunding,’ not securities — SEC’s Peirce, Uyeda Given that the keys can financially impact users as they cost money and can fluctuate in value in response to many factors, the move from 3LAU highlights a challenging situation for those who no longer wish to use this type of social media platform. In a follow...