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On Friday, a person familiar with the matter said the U.S. Securities and Exchange Commission wouldn’t appeal its loss in the Grayscale case. “The SEC’s decision not to appeal against a ruling that it was wrong to reject a spot BTC ETF is a clear testament that regulatory dynamics in
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CCS Insight predicts that the EU will indeed be the first to introduce specific regulations for AI. CCS Insight, a leading technology research firm has made a bold prediction that generative Artificial Intelligence (AI) is in for a reality check in 2024, as the hype surrounding this transformative technology gives way
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Today, all employees of the FAST unit will be notified about their further status. Currently, there are 600 workers under the FAST division. It is not clear how many people will lose their jobs at Reality Labs. Meta Platforms Inc (NASDAQ: META) is reportedly planning to lay off employees in Reality
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In the latest Cointelegraph Report, we sought to find out the real value AI brings to the crypto industry beyond the hype surrounding the technology. To do so, we looked into three main areas where AI is impacting crypto: trading, data analytics, and user experience. For many years, trading bots have
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Mizuho says this indicates potential fatigue among retail customers, and in contrast to previous cycles, fear-of-missing-out no longer “entices investors to trade bitcoin when prices rise,” as it did in prior years. “This could prove problematic for COIN, as it generates around 95% of its transaction revenue from retail trades,”
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With the introduction of the Sorare App’s AR functionality, fans can now take their virtual football experience beyond the screen and into their everyday lives. Web3 fantasy sports platform Sorare has announced the launch of its 3D digital football player cards with built-in Augmented Reality (AR) features. This bold move aims
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XRP, the fifth-largest cryptocurrency in the market, has entered a phase of macro consolidation following a significant decline that began on July
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In one of the weirder moments of my writing career, Carl “The Moon” Runefelt contacted me out of the blue seeking an “update to old information” in a May 2022 article. The article had touched on his involvement with the crypto payment platform Kasta, but Runefelt felt a pressing need
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Scanning your iris to become a “verified human” in exchange for digital currency sounds like a Black Mirror episode. But this is not the story arc of a dystopian science fiction show — it’s happening now with one of the latest projects in Web3.The launch of Worldcoin on Optimism has
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Meta's metaverse-related losses topped $3.74 billion over the second quarter with the Big Tech player spending $7.7 billion on its virtual reality business so far in 2023.Its second-quarter results released on July 26 saw Meta report an 11% revenue gain compared to the previous year, totaling $31.9 billion. Its metaverse-focused Reality
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