Day: June 2, 2023

AI trends at all-time high on Google but Bitcoin still did it better

Global search interest for the term โ€œAIโ€ has reached a new all-time high on Google, though itโ€™s yet to hold a candle to Bitcoin (BTC) peak mania in 2017, data has revealed. Artificial intelligence has dominated headlines over the past few months, with some suggesting that itโ€™s the latest โ€œtech fadโ€ after crypto and the Metaverse. Most recently, OpenAI executives warned in a May 23 blog post that within the next ten years, AI will exceed expert skill level in โ€œmost domainsโ€ and be as productive as โ€œone of todayโ€™s…

Tether’s market cap surges to new all-time high, reaching record levels

Tether (USDT), the stablecoin pegged to the U.S. dollar, has reached an all-time high (ATH) market capitalization exceeding $83 billion, demonstrating its continued market dominance. This new ATH market cap for USDT comes at a time when other stablecoin issuers are facing significant challenges and regulatory obstacles, which have placed strains on their operations and viability. Surpassing the previous market cap high In a tweet shared on June 1, Tether, the company operating the platform tether.to surpassed its previous market cap high of 83.2 Billion set in May 2022.ย  Since…

Nike NFTs to make their way into EA Sports games and its millions of fans

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In a major step towards mainstream gamer adoption for crypto, Nikeโ€™s nonfungible token (NFT) platform .Swoosh will soon be integrated with EA Sports games, potentially allowing Nike’s virtual footwear and apparel to appear in games. In a June 1 statement, Nike said that its โ€œvirtual creationsโ€ โ€” its way of saying NFTs โ€” will start being incorporated into EA Sports games in the coming months, though neither Nike or Electronic Arts (EA) has revealed which game titles will include Nikeโ€™s virtual goods. And that does it for the launch of…

OpenAI CTO’s Twitter hacked, shilling ‘scam’ crypto airdrop

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Crypto Twitter has been flooded with warnings from users, after theย Twitter account of Mita Murati, the chief technology officer of artificial intelligence firm OpenAI, was seemingly hacked โ€”ย  promoting a “scam” cryptocurrency airdrop. On June 2, Murati’s account tweeted what appeared to be a phishing link promising an airdrop of a purported ERC-20 token OPENAI named after the firm that created ChatGPT.ย  Murati has 126,200 followers on Twitter and has a verified account on the platform. The post was live for about an hour and viewed 79,600 times and retweeted…

Bitcoin BTC Price Has Reached ‘a General Accumulation Phase’: Analyst

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Bitcoin was recently trading at about $26,835, roughly flat over the previous four hours but down 1.2% from Wednesday, same time, according to CoinDesk Indexes. The largest cryptocurrency has seemed almost entirely unaffected by the Wednesday, late-night U.S. House vote to pass a debt ceiling increase that would ensure the government can pay its bills, at least short-term. The Senate will likely vote on the bill late Thursday night (ET). Original

Litecoin emerges as top gainer with 7.23% increase ahead of halving

According to CoinMarketCap data, litecoin is the top gainer in the last 24 hours with a 7.04% increase to $95.12. The growing price comes in anticipation of Litecoinโ€™s third mining reward halving. A reduction in mining rewards CoinMarketCapโ€™s top gainer report highlights Litecoin as todayโ€™s top gainer, where at the time of writing it sits at $95.12 USD, accompanied by a 24-hour trading volume of $813,650,891 USD. Top Gainers and Losers Today | Source: CoinMarketCap Litecoin, which was designed to facilitate faster and more cost-effective transactions, currently sits at a…

AI military drone kept murdering its human operator in simulated tests

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The United States Air Force (USAF) has been left scratching its head after its AI-powered military drone kept killing its human operator during simulations. Apparently, the AI drone eventually figured out that the human was the main impediment to its mission, according to a USAF colonel. During a presentation at a defense conference in London held on May 23 and 24, Colonel Tucker “Cinco” Hamilton, the AI test and operations chief for the USAF, detailed a test it carried out for an aerial autonomous weapon system. According to a May…

U.S. CFTC May Change Risk Rules in a Way That Could Consider Crypto

โ€œThese technological advancements, with their accompanying risks, necessitate the commission revisiting our regulatory oversight, including our risk management requirements,โ€ Goldsmith Romero said. โ€œIntegration of digital assets with banks and brokers, and the risks that could be posed, could continue to evolve.โ€ Source

SuiNetwork becomes official blockchain partner for RedBull

Oracle Red Bull Racing, a prominent team, has revealed its alliance with the recently launched Sui blockchain. The multi-year agreement entails collaboration between Oracle Red Bull Racing and Mysten Labs, the creator of the Sui network for both real-world and online activities, and the announcement precedes the upcoming Spanish GP race in Barcelona. Official partnership announcement In tweets shared on June 1, both @SuiNetwork and @redbullracing announce their official partnership. ๐ŸคฉHuge news: Weโ€™re officially teaming up with @redbullracing! As the teamโ€™s Official Blockchain Partner, this multi-year partnership means that fans…