SpaceX reduced the value of Bitcoin on its balance sheet by $373 million last year and in 2021. Tesla also offloaded Bitcoin last year. While the sale of Tesla’s Bitcoin (BTC) is in the public domain, details surrounding SpaceX’s holdings
Google is bringing a suite of new AI tools to the market, including generative AI that summarizes articles. The firm also plans to launch a multifunctional generative AI that creates both text and image capabilities and is hoped to do
According to former SEC Attorney John Reed Stark, the SEC is unlikely to approve a Bitcoin Spot ETF under the current leadership of Gary Gensler. Stark claims that cryptocurrency is a partisan issue in the U.S., and the only thing
A Chinese firm with plans to mass-produce its bipedal robots before the end of the year is seeking chatbot partners to give their machines AI brains. Fourier Intelligence unveiled the GR-1 at the World Artificial Intelligence Conference (WAIC) in July.
The Securities and Exchange Commission’s (SEC) lawsuit against Coinbase has rattled the US crypto landscape. However, the firm’s motion to dismiss has gained high-profile support. Senator Cynthia Lummis recently filed an amicus brief siding with the crypto exchange. Coinbase, a
As generative AI balloons, which have allowed anyone to create deep fake music, Google and Universal Music are reportedly working on modalities to license the voices and melodies of musicians used for AI-generated music. The arts industry, especially music has
Update 21:53 BST, Fri Aug. 11, 2023 – Elon Musk has now revealed that the much-touted fight between him and Mark Zuckerberg will be held in Italy at a date to be announced. In a series of tweets, Musk said
On August 7, Curve Finance, a prominent player in the decentralized finance (DeFi) landscape, made a significant announcement. The protocol has put forth a $1.85 million bounty to apprehend the hacker responsible for a major security breach. This move comes
Meta CEO Mark Zuckerberg says he’s “ready today” to fight Elon Musk in a cage match, but is not very optimistic that the proposed fight between the two billionaires will take place. Posting on his new social media platform Threads, Zuckerberg
Effective October 3, Revolut, a leading fintech firm headquartered in the UK, will cease all cryptocurrency-related services for its clientele in the United States. The decision comes in response to the escalating intricacy and unclear nature of the US regulatory landscape
Threads, Meta’s Twitter competitor, saw a sharp decline in user engagement in the month since its launch, with active users declining 82% to just 8 million people using the app each day, according to SimilarWeb and Sensor Tower. Threads’ active
X Corp., formerly known as Twitter has threatened a non-profit research group regarding hate speech and misinformation, reports CNBC. On July 20, Elon Musk’s X Corp. issued a letter to the Center for Countering Digital Hate (CCDH), a British research
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