Artificial intelligence (AI) is a mainstay in many Web3 activities. From nonfungible token (NFT) creation to fraud detection, it is integral to the roots of what makes up decentralized technology. Mona, a Miami-based 3D metaverse development and Web3 social platform, unveiled an AI-powered 3D generator for material design. The tool allows designers and creators on the platform the ability to input words into the AI mechanism in order to create materials for their personalized digital spaces. The MonaAI Material Generator is similar to the AI image and design generator DALL-E. However,…
Day: October 13, 2022
Blockchain games and metaverse projects raised $1.3B in Q3: DappRadar
Venture financing for the blockchain industry remained robust in the third quarter, even as bearish conditions ravaged digital asset markets, a sign that venture capital firms were focused more on the long-term value proposition of the sector. Blockchain games and metaverse projects raised a cumulative $1.3 billion in venture capital between July and September, according to DappRadar’s latest BGA Games Report. While this figure was down 48% compared to the second quarter, it was nearly double the total amount raised in 2021. DappRadar said that projects focused on Web3 metaverse…
IS COINBASE INSOLVENT!?!
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io IS COINBASE SAFE FROM CRYPTO CONTAGION!?! IS COINBASE INSOLVENT!?! COINBASE SOLVENCY WARNINGS!?! Is Coinbase insolvent? Some people have asked me whether they should pull out of Coinbase. This video shows what I’m thinking. There hasn’t been very good news for Coinbase lately, but the financials says otherwise… for now. Remember, we are in a bear market. We’ve seen Voyager, Celsius, and 3AC announce bankruptcy. Personally, I think the safest place is in my ledger. But you are also welcome to your own…
'It’s Always the Community': Web3 and the Future of Movies
Lindsey McInerney on why entertainment will bring the first 100 million people to Web3. Source
Las acciones cripto se desploman y bitcoin cae a US$18.100 tras la publicación de la inflación
La noticia hizo que bitcoin (BTC) cayera hasta US$18.100, no muy lejos de su mínimo del 2022 de US$17.600. Al momento de publicación, el precio ha rebotado modestamente hasta US$18.800. Todos los principales promedios del mercado bursátil de Estados Unidos cayeron más de 2%, pero actualmente están intentando lograr un repunte de media mañana, con el S&P 500 reduciendo su caída a solo 1%. Original
BTC price hits 3-week lows on US CPI as Bitcoin liquidates $57M
Bitcoin (BTC) delivered classic volatility on Oct. 13 as United States economic data shook markets. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Trader sticks by $21,000 target Data from Cointelegraph Markets Pro and TradingView followed BTC/USD as it presented some textbook moves to accompany the U.S. Consumer Price Index (CPI) print for September. Coming in at 0.1% above expectations year-on-year, the September figures immediately made themselves felt, with risk assets selling off and the dollar advancing in the face of ongoing inflation pressures. In line with previous CPI events, Bitcoin…
Janet Yellen Stresses Need for Central Bank Digital Currency Work
Last week, the Financial Stability Oversight Council (FSOC), of which Yellen is a member along with Federal Reserve Board Chair Jerome Powell, among others, published a report asking Congress to step in to provide guidance on what should be the limits of securities regulation. Source
Sustainable Bitcoin Protocol Wants to Make Bitcoin a Climate-Positive Asset
Sustainable Bitcoin Protocol Wants to Make Bitcoin a Climate-Positive Asset Original
Uniswap Labs raises $165M as attention shifts to NFTs, Web3
Decentralized exchange Uniswap Labs has raised $165 million in a Series B funding round that had participation from some of blockchain’s biggest venture firms, putting the company on track to expand into other crypto-focused domains. The funding round was led by Polychain Capital with additional participation from several existing investors, including Andreessen Horowitz, Paradigm, Variant and SV Angel. The funding round confirms earlier reporting from Cointelegraph that Uniswap was looking to raise between $100 million and $200 million. Uniswap said the funding would go toward expanding its existing product offerings and…
Latest CPI Data Shows Red-Hot Inflation Continues to Thrive in the US, Consumer Prices Jumped 8.2% in September – Economics Bitcoin News
The latest inflation data from the United States indicates that consumer prices have kept climbing despite expectations of a slowdown. The Consumer Price Index (CPI) summary published on Thursday shows an 8.2% rise in the year through September, and the core index rating saw the fastest yearly increase since 1982. September’s CPI Data Was Worse Than Expected, Report Signals an Aggressive Fed Rate Hike on the Horizon, Global Markets Shudder U.S. inflation numbers for September are in, and the inflation rate, or CPI, is worse than expected. According to the…