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Microsoft is experimenting with a new AI feature called “Intelligent Media Search,” enabling users to search for audio and video files by their content. The AI model transcribes the content into text, which can then be indexed and searched.
South Korean tech giant Naver has partnered with blockchain platform Chiliz to launch its first cryptocurrency wallet—Naver Pay Wallet. According to the company, this new non-custodial wallet could potentially provide over 33 million users with access to digital assets.
TeraWulf, a mining company, is set to launch a new Bitcoin mining facility named WULF Den by the end of September 2024. This facility will be equipped with a liquid cooling system and will deliver a minimum of 2 MW of power, substantially increasing the company’s total output.
Nvidia CEO Jensen Huang announced that the company will now release new AI chip versions annually. This shift in strategy follows reports that the next-generation Blackwell chips have been delayed until late 2024 due to design shortcomings.
Imagen 3 is Google’s latest image generation model, which reportedly sets a new standard for creating high-quality images with just a few words.
Devin Finzer, CEO and co-founder of OpenSea, revealed on the social media platform X that the U.S. Securities and Exchange Commission (SEC) has issued a Wells Notice to the NFT marketplace, signaling that the SEC may pursue legal action against OpenSea.
As reported by Politico, French police are actively searching for Nikolai Durov, the brother of Pavel Durov, after an arrest warrant was issued for him. The outlet notes that the French authorities issued the warrants for the Durov brothers as early as March.
The South Korean government has reached out to social media platforms, including the messaging app Telegram, demanding the removal of deepfake sexual content from their servers. Officials have identified Telegram as a major conduit for the distribution of such material.
Hindenburg Research, an investment research firm, accused AI server producer Super Micro Computer of breaching accounting rules and other regulatory standards. Additionally, Hindenburg disclosed a short position in Super Micro.
As detailed in The Crypto Wealth Report 2024, the number of crypto billionaires has risen by 27% over the last year, now totaling 28, while the number of millionaires has soared by 95% to 172,300. This increase closely aligns with the overall market capitalization, which climbed by 89%.
Pavel Durov, the founder of the messaging app Telegram, was detained by French police on August 24 as his private plane landed at an airport near Paris. Initially, the reasons for his detention were unclear.
North Carolina authorities recovered nearly $5 million in cryptocurrency that was stolen in the “Pig Butchering” scam. This fraud technique involves gradually “fattening up” the victim, allowing them to earn small amounts initially, which encourages further investments.
Zhang Moumou, the mastermind behind a $14 billion crypto pyramid scheme, has been extradited from Thailand to China. This event marks the first successful extradition of an economic crime suspect between the two countries since the two countries signed the extradition treaty in 1999.
The Australian Securities and Investments Commission (ASIC) won a legal battle against Bit Trade Pty, the local operator of the Kraken exchange. The court found that the company violated regulations by offering margin trading services to Australian clients without the necessary registration since 2021.
Sony Block Solutions Labs, a collaborative venture between Sony Group and Startale, announced the launch of a new public L2 blockchain named Soneium, built on Optimism’s OP Stack. This blockchain will be a part of the Superchain ecosystem. The testnet is set to be released in the upcoming days, with Sota Watanabe leading the project.
Blake Benthall asserts that the U.S. government needs to collaborate more closely with cryptocurrency companies to create effective regulations and ensure compliance with the law. He believes that some officials advocate for strict measures due to their misunderstanding of new technologies.
YouTube launched an AI-based chatbot aimed at assisting content creators in regaining control of their accounts if they’ve been compromised. For now, it’s available to a select group of users, but the developers intend to make it accessible to everyone.
This is exactly how Justin Sun now responds to the question, “What is TRON?” This label stems from the remarkable success of the SunPump platform, which has seen its TVL exceed $1 million on the TRON blockchain.
Three authors (Andrea Bartz, Charles Graeber and Kirk Wallace Johnson) filed a lawsuit against the AI company Anthropic. They accuse it of illegally using their literary works, along with those of many other authors, to train its AI-powered chatbot Claude.
A growing number of Ethereum users are turning to private transactions, which now make up approximately 30% of all activities on the blockchain. The gas consumption for these private operations has surged to 50% of the total network usage. This trend is driven by the desire to avoid MEV trading bots, which capture transactions for rapid profit.
The developers behind Procreate, an iPad application designed for digital graphics, have declared their opposition to generative artificial intelligence. They have made it clear that this technology will never be integrated into their platform, citing ideological differences. However, they acknowledge the positive aspects of machine learning.
Unlike the Republican Party’s platform, the Democratic Party’s 91-page document does not mention cryptocurrencies or blockchain. This absence could be interpreted in various ways, suggesting potentially no adverse policies against the sector.
According to Washington Reporter, Kamala Harris might nominate current SEC Chairman Gary Gensler as Treasury Secretary if she wins the U.S. presidential election. The report cites unnamed Senate staffers.
Bernstein analysts report a growing investor interest in Bitcoin mining companies that are shifting their focus to the artificial intelligence (AI) and high-performance computing (HPC) sectors.
Chipmaker AMD plans to acquire ZT Systems, a provider of advanced computing systems, for $4.9 billion to bolster its position in the AI chip market. The primary goal is to challenge the industry leader, Nvidia.
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.