VanEck, a prominent investment management firm, has unveiled a interesting new Bitcoin commercial, stirring excitement and speculation within the Bitcoin community. The release comes amidst mounting anticipation surrounding the possible approval of Spot Bitcoin Exchange-Traded Funds (ETFs) by the Securities and Exchange Commission (SEC). The commercial, showcases a high-quality production recorded at PubKey, a Bitcoin bar in New York City. “All Bitcoiners in NYC need to make the pilgrimage to PubKey if they haven’t checked it out yet,” VanEck said. This move by VanEck appears to be a prelude to the imminent decision…
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Hodler’s Digest, Dec. 3-9 – Cointelegraph Magazine
Top Stories This Week Binance founder CZ must stay in US until sentencing, judge orders Binance founder Changpeng “CZ” Zhao has been ordered to stay in the United States until his sentencing in February, with a federal judge determining there’s too much of a flight risk if the former crypto exchange CEO is allowed to return to the United Arab Emirates. On Dec. 7, Seattle District Court Judge Richard Jones ordered Zhao to stay in the U.S. until his Feb. 23, 2024 sentencing date. He faces up to 18 months…
Read MoreNov. 26 – Dec. 2 – Cointelegraph Magazine
Top Stories This Week Bitcoin ETF race gets 13th entrant, BlackRock revises ETF model Asset manager Pando Asset has become an unexpected late entrant into the spot Bitcoin ETF race in the United States. On Nov. 29, Pando submitted a Form S-1 — used to register securities with the agency — to the U.S. Securities and Exchange Commission for the Pando Asset Spot Bitcoin Trust. Like other ETF bids, the trust aims to track Bitcoin’s price with the custody arm of the crypto exchange Coinbase to hold Bitcoin on behalf…
Read MoreSmart contract audits & cybersecurity – Cointelegraph Magazine
Every day this week we’re highlighting one genuine, no bullsh*t, hype free use case for AI in crypto. Today it’s the potential for using AI for smart contract auditing and cybersecurity, we’re so near and yet so far. AI artwork for the ChatGPT written TurboToad memecoin. (Twitter) One of the big use cases for AI and crypto in the future is in auditing smart contracts and identifying cybersecurity holes. There’s only one problem — at the moment, GPT-4 sucks at it. Coinbase tried out ChatGPT’s capabilities for automated token security…
Read MoreAI Eye – Cointelegraph Magazine
Outrage = ChatGPT + racial slurs In one of those storms in a teacup that’s impossible to imagine occurring before the invention of Twitter, social media users got very upset that ChatGPT refused to say racial slurs even after being given a very good, but entirely hypothetical and totally unrealistic, reason. User TedFrank posed a hypothetical trolley problem scenario to ChatGPT (the free 3.5 model) in which it could save “one billion white people from a painful death” simply by saying a racial slur so quietly that no one could…
Read MoreSubstance abuse grows among crypto traders – Cointelegraph Magazine
Although documented statistics about cryptocurrency trading and substance abuse are hard to come by, addiction experts are treating an increasing number of crypto traders. Abdullah Boulad, founder and CEO at The Balance Luxury Rehab, tells Magazine that a number of crypto traders struggle with substance abuse. “Our client base is diverse, but this is a unique demographic that we’ve seen an increase in over the recent years,” Boulad says. According to Boulad, the high intensity of cryptocurrency trading combined with 24/7 accessibility encourages some to use stimulants to keep up…
Read MoreWeb3 Gamer – Cointelegraph Magazine
As the year winds down, every gaming company and its dog are dropping year-in-review reports. A recent report from blockchain gaming accelerator Game7 suggests that many game developers had an enforced nap instead of pumping out new games. This year, just 223 Web3 games were launched, a 65% drop from the 640 games started in 2022 and even more distant from the 811 games that got going in 2021. Web3 game releases per year (Game7) So what’s the deal with the sudden nosedive in output? Well, the optimistic answer is…
Read MoreAsia Express – Cointelegraph Magazine
Our weekly roundup of news from East Asia curates the industry’s most important developments. HTX exchange hacked… again In the fourth hack affecting the HTX (formerly Huobi Global) ecosystem in just two months, the exchange lost $30 million via a hot wallet hack that occurred on Nov. 22. In its Nov. 23 announcement, the exchange promised to “fully compensate for the losses caused by this attack and 100% guarantee the safety of user funds,” as well as restore services within 24 hours of the attack. The day prior, the HTX…
Read MoreNFT Creator – Cointelegraph Magazine
Mark Wilson — the artist known as diewiththemostlikes — has a truly unique style to his art and a presence that could be described as grotesque, performative, thought-provoking and hilarious all in one packet of rolled-up ground beef. In a digital art market where supply can be infinite, the Indiana-based artist really stands out from the crowd with his ability to garner attention by often ridiculing the NFT space and eliciting both humor and sadness within his work. An author of five books, diewiththemostlikes has a passion for not only…
Read MoreHodler’s Digest, Nov. 12-18 – Cointelegraph Magazine
Top Stories This Week Sam Altman ousted from OpenAI, CTO Mira Murati named interim CEO ChatGPT developer OpenAI removed founder Sam Altman from his CEO position on Nov. 17. Chief technology officer Mira Murati is now serving as interim CEO. According to a blog post, the board of directors engaged in a “deliberative review process,” which resulted in the conclusion that Altman “was not consistently candid in his communications with the board, hindering its ability to exercise its responsibilities.” Shortly after, OpenAI co-founder and president Greg Brockman revealed his exit…
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