Wednesday, October 9, 2024
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MAYC ripoff creator pleads guilty, G2A opens NFT platform: Nifty Newsletter

In this week’s newsletter, read about the creator of a Mutant Ape Yacht Club (MAYC) knock-off pleading guilty to fraud charges, check out how OpenSea’s non-fungible token (NFT) users received a massive phishing email campaign, and how Bitcoin transaction fees flipped Ethereum network fees as the hype for Ordinals resurfaced.

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Elon Musk AI project inspired memecoin ‘Grok’ falls 74% on creator scam claim

The price of a memecoin drawing its namesake from Elon Musk’s artificial intelligence project “Grok” plummeted over 70% after blockchain sleuth ZachXBT alleged the token’s social media account was recycled from a scam token project.In a Nov. 13 X (formerly Twitter) post, ZachXBT shared screenshots showing various social media accounts

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Bluzelle expands into Creator Economy, aims to empower artists

Bluzelle, a layer-1 blockchain platform, has announced its vision to empower innovators in the broader Creator Economy. In an exclusive press release shared with crypto.news, Bluzelle said the Creator Economy will be a diverse market comprising content creators, such as artists, musicians, gamers, social media influencers, and even those leveraging artificial

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ChatGPT creator OpenAI builds new team to check AI risks

OpenAI, the artificial intelligence (AI) research and deployment firm behind ChatGPT, is launching a new initiative to assess a broad range of AI-related risks.OpenAI is building a new team dedicated to tracking, evaluating, forecasting and protecting potential catastrophic risks stemming from AI, the firm announced on Oct. 25.Called “Preparedness,” OpenAI’s

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BAYC creator Yuga Labs completes restructuring to focus on metaverse

Yuga Labs, a company behind the major nonfungible token (NFT) project, Bored Ape Yacht Club (BAYC), has completed restructuring amid the ongoing challenges in the industry.Yuga Labs CEO Daniel Alegre took to X (formerly Twitter) on Oct. 17 to report that the company has finalized its restructuring that was announced

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ChatGPT creator OpenAI examines producing AI chips in-house: Report

OpenAI, the company behind artificial intelligence chatbot ChatGPT, is reportedly exploring the possibility of manufacturing processing chips in-house amid a global shortage of the expensive and difficult to produce hardware.An Oct. 5 Reuters report citing people familiar with the matter said OpenAI has even evaluated an unnamed company as a

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