Stay ahead of the curve with The Coinomist’s breaking news coverage. From major market shifts to regulatory updates and industry-defining announcements, we deliver the critical information you need, fast and accurate. Be the first to know about the stories shaping the world of cryptocurrency, business, investing, and Web3.
Samsung is set to enhance its new Galaxy S24 smartphone series for the Chinese market by integrating Ernie Bot, an AI chatbot developed by China’s Baidu. This feature is designed to efficiently handle tasks like summarizing, reorganizing, and translating vast amounts of information. Moreover, the chatbot will include a visual search capability, enabling users to search the internet for items using photos or images.
The Stellar Development Foundation has supported the decision to delay the network’s update to add smart contracts due to a software bug. Initially, foundation representatives minimized the severity of this bug but revised their position in response to critiques from the developer community.
Social media platform X has temporarily suspended searches for Taylor Swift. This measure comes in response to the proliferation of pornographic images of the singer, created using artificial intelligence. Entertainment industry unions have called for legislative measures to prohibit the production and distribution of such content.
Nvidia has entered into a partnership with the U.S. National Science Foundation to contribute to the NAIRR (National AI Research Resource) pilot project, dedicated to advancing the country’s artificial intelligence industry.
According to a new report report by data analytics platform Flipside, in 2023 Ethereum and Polygon were the leading chains in terms of monthly acquired users. Each of the chains gained over 15 M with Ethereum coming the first by a little difference.
Elon Musk is on a mission to attract $6 billion in funding for his AI-focused company, xAI, setting his sights on a valuation of $20 billion. This move would position xAI as a formidable rival to OpenAI, renowned for its ChatGPT app.
After breaching the X-account of Algorand’s CEO, the hacker began a spree of satirical posts, sharing a variety of music, and amusingly altering the account’s bio. One notable post included a fictional tale about Justin Sun, ambitiously seeking to promote Algorand for unrestricted access to the token minting to back TUSD.
Cryptocurrencies, primarily due to their mining processes, are projected to boost their energy consumption by at least 40% within the next two years. Concurrently, the energy expenditure for AI apps is set to increase tenfold. These findings come from the International Energy Agency’s recent report.
According to financial services firm Cantor Fitzgerald, the forthcoming Bitcoin halving could render at least eleven prominent mining corporations, including names like Marathon Digital and Riot Platforms, unprofitable under the current BTC prices. The most severe impacts are anticipated for Argo Blockchain and Hut 8.
Joe Lonsdale, the co-founder of analytics company Palantir, views the expansion of artificial intelligence as a potential driving force for the cryptocurrency market. He foresees a future where many AI-focused companies will embrace cryptocurrencies for payments.
The Bank of England, together with the UK’s Treasury, is actively deliberating the risks and advantages of introducing a Central Bank Digital Currency, dubbed Britcoin. Their focus is on its potential economic impact and benefits for UK citizens.
Polygon Labs has debuted AggLayer (Aggregation Layer), an innovative framework that brings together disparate blockchain ecosystems through Zero-Knowledge technology.
The European Commission is rolling out a comprehensive package of measures to encourage the development of artificial intelligence (AI) among startups, alongside small and medium-sized enterprises. This strategic plan is consistent with EU principles and guidelines.
Inter Miami, the American football club featuring star player Lionel Messi, has shifted its sponsorship allegiance from the cryptocurrency investment firm XBTO Group to the cruise operator Royal Caribbean International. This decision is widely viewed as the club’s move to distance itself from the crypto industry.
Leading telecommunications company Telefónica announced a partnership with the Solana-based decentralized wireless network Helium Mobile to launch hotspots in Mexico.
The expanded investigation into the FTX bankruptcy, as directed by an appellate court, has been ordered to adhere to specified budgetary and temporal constraints. This ruling was issued by U.S. Federal Judge John Dorsey, aligning with the stance of the exchange’s attorneys and creditors.
Since their launch, spot Bitcoin ETFs, excluding GBTC, have collectively amassed over 100,000 BTC. Contrastingly, Grayscale has dumped 80,000 Bitcoins in the same timeframe.
A crypto enthusiast has successfully inscribed the legendary DOOM game from 1993 on the Dogecoin blockchain. This remarkable feat was achieved through the use of Doginals, a technology resembling the Bitcoin Ordinals protocol.
At the onset of 2024, the Doomsday Clock, an indicator of how close humanity is to destroying the world, remained unchanged. However, scientists have now added artificial intelligence to the list of dire threats that could lead to global catastrophe, equating it with the risks of nuclear conflict and climate change.
MailerLite, an email marketing platform, has confirmed a security breach leading to the distribution of phishing emails. These fraudulent emails, mimicking various crypto companies, affected 117 entities, including names like WalletConnect, Token Terminal, and the crypto news platform Cointelegraph.
Taiwan’s law enforcement agencies have requested the court to authorize the arrest of ACE Exchange’s president Chenhuan Wang and four others on accusations of money laundering and fraud. They’re also seeking to limit their interaction with others while under detention.
The Federal Court of Canada has ruled the government’s actions of freezing cryptocurrency assets and limiting donations to protesters as unlawful. These measures were implemented by Prime Minister Trudeau amidst the extensive trucker demonstrations opposing COVID-19 restrictions.
In New Hampshire, where the Republican primary for presidential candidates is underway, voters received automated calls with an AI-generated voice mimicking Joe Biden. The voice urged people to stay away from polling stations and to disregard the primaries altogether.
MIT researchers have concluded that artificial intelligence, at least for the time being, is only capable of replacing about 23% of the workforce in an economically viable manner. The study predominantly focused on roles that involve object visual recognition.
The recent bug in the Nethermind client software, which resulted in 8% of Ethereum validators being knocked offline, has raised alarms about the network’s susceptibility to such flaws. The crux of the problem lies in the fact that most validators rely on the same software.
Crypto Kaleo is a renowned crypto trader and one of the most followed influencers in the industry. Active since 2017, he has built a strong presence on X, TradingView, and other platforms, sharing technical analysis, market predictions, and insightful commentary on the crypto space.
Are sky-high Ethereum fees getting you down? The folks at Zora have come up with an alternative, introducing their Layer 2 solution with lower transaction fees. This article will walk you through how to get involved with the project and earn some rewards.