Crypto News and Updates

Bitcoin is likely to remain rangebound until at least Q4 2023, according to market analyst Filbfilb. He predicts that miners and smart money investors will play a crucial role in driving up the price before the halving. Based on historical patterns, he expects supply to be constricted and new money to be driven by speculation in Q4. However, macroeconomic factors, such as the Federal Reserve’s interest rate decisions, could also impact Bitcoin’s price trajectory. If conditions remain favorable, Filbfilb believes Bitcoin could convincingly break $30,000 before the end of 2023.

Giant Swan, a Melbourne-based VR painter and sculptor, has emerged as a prominent digital artist in the NFT space. With his unique and immersive pieces, he has captured the attention of collectors worldwide. Giant Swan’s art is characterized by its dreamlike quality and emotional depth, which he achieves through his use of virtual reality. By wearing a VR headset, he is able to create art by turning his movements into shapes and colors, allowing him to explore endless possibilities. Through his art, Giant Swan aims to evoke a sense of experiencing a dream, inviting viewers to immerse themselves in his creations.

Magnate Finance, a lending/borrowing platform on Coinbase’s layer 2 protocol Base, has rug-pulled its users of $6.5 million. Following the deletion of their Telegram channel, website, and social media presence, the project developers manipulated the price oracle and removed all assets, resulting in the collapse of $6.4 million in total value locked (TVL). The scammers behind the project transferred stolen funds to different wallets and bridged them to EthereumEther (ETH) is used to pay for computation and token swaps on Ethereum. Users "fuel" smart contracts and DApps with ETH. L2 platforms, the Binance chain, and Arbitrum and Optimism through Stargate. Despite these actions, around 295 ETHEther (ETH) is used to pay for computation and token swaps on Ethereum. Users "fuel" smart contracts and DApps with ETH. and 1.3M DAI are still held on the Base Chain. Exit scams and rug pulls have become common in the decentralizedWith normal currency, banks and governments control everything – they’re the central authority. But cryptocurrencies work differently! Instead of one central group calling all the... finance ecosystem, with $656 million lost in such incidents during the first half of 2023.

Vauld, a Singapore-based crypto exchange, has received court permission to restructure its board. The ongoing bankruptcy proceedings since August 2022 have led to the appointment of new top management to lead the company’s bailout process. The current board will be replaced by a new CEO, a creditor representative, and a scheme manager. In addition, Vauld has resumed know-your-customer (KYC) checks for existing customers and froze the withdrawal option in July 2022 due to unfavorable market conditions and a significant bank run. The company owes around $400 million to its creditors, primarily individual depositors’ money.

According to a recent survey conducted by the Saint Petersburg Exchange and the Russian Trading System (RTS), over half of Russian citizens are open to the idea of using a central bank digital currency (CBDC). However, when it comes to storing more than 20,000 rubles ($212), only 17% of respondents trust the digital ruble. The survey, which involved over 2,000 participants aged 18 to 65, revealed that 58.3% are theoretically willing to invest in CBDC, with the majority comfortable storing a sum ranging from 5,000 to 20,000 rubles. The main obstacles mentioned by respondents include a lack of information about the technology (22%) and concerns about cyber theft and system failures (21%).

As XRP struggles following a judge’s ruling that it isn’t a security, a significant whale has moved 29 million XRP to Bitstamp exchange, possibly indicating a sell-off. The XRP price is currently recovering from the support level at $0.5, but there is a risk of a significant drop if traders and whales liquidate their holdings. The trial between Ripple and the SEC is expected to occur in the second quarter of 2024. Over the past 24 hours, the value of XRP declined by over 3%.

Asian cryptocurrency exchange HashKey, along with OSL, has received a major license upgrade that allows them to offer Bitcoin and EtherEther (ETH) is used to pay for computation and token swaps on Ethereum. Users "fuel" smart contracts and DApps with ETH. crypto trading services to retail customers in Hong Kong. The licenses were issued by the country’s Securities and Futures Commission (SFC), making HashKey the first crypto exchange in Hong Kong to offer such services. Under the new license regime, Hong Kong has become one of the few countries that allow crypto retail trading services under the purview of the law. Investors will be able to invest up to 30% of their net worth into cryptocurrencies when using the platform.

A new project called CivKit aims to create a peer-to-peer marketplace that enables censorship-resistant and permissionless trading between Bitcoin users. The project, led by Ray Youssef, Nicolas Gregory, and Antoine Riard, will leverage the technology of Nostr and the Lightning network to power a decentralizedWith normal currency, banks and governments control everything – they’re the central authority. But cryptocurrencies work differently! Instead of one central group calling all the... platform. It aims to provide a web-of-stakes market ranking paradigm using the Nostr protocol and rely on the Bitcoin network as a source of truth. The marketplace will enable global trade of various items, including fiat currencies, goods, and services. With concerns about the potential closure of P2PPeer-to-Peer Networks (P2P) networks allow people to connect with each other directly for sharing things - without going through a middleman. platforms like Binance’s, CivKit aims to provide an alternative for P2PPeer-to-Peer Networks (P2P) networks allow people to connect with each other directly for sharing things - without going through a middleman. users that depend on these services to move money across borders. The goal is to build an unstoppable and permissionless marketplace that empowers users to use their money in new ways.

A captain from Brussels combines his passion for sailing and Bitcoin on his Sato Boat, painting a giant orange “B” on the sail to promote the cryptocurrency. Rémi, the captain, believes that through art and sailing, he can bring new people into the Bitcoin space and draw parallels between the ethos of Bitcoin and that of sailing. The Sato Boat has become a floating symbol for Bitcoin, spreading awareness in boat races, on beaches, and across the Atlantic Ocean.

Roman Storm, the co-founder of cryptocurrency mixing service Tornado Cash, has been released on bail after being arrested by the United States’ Department of Justice (DOJ) on charges of money-laundering and other violations. His lawyer, Brian Klein, expressed disappointment with the charges against Storm, emphasizing the potential implications for all software developers. The arrest came as part of an investigation into Tornado Cash’s alleged operation of a money transmitting business and laundering over $1 billion in criminal proceeds. This development follows the previous arrest of another Tornado Cash developer, who was released earlier this year.

From dystopian futures to emotionally charged connections, AI-themed movies have a unique way of tapping into our fascination with artificial intelligence.

In this article, we present five AI-themed movies that offer captivating narratives while delving into the intricate relationship between humans and the machines they create.

Blade Runner 2049 (2017) explores the blurry line between humans and AI in a dystopian future, raising questions of identity and morality. Ex Machina (2014) delves into consciousness, manipulation, and the boundaries of AI ethics. Her (2013) offers a poignant take on intimacy, loneliness, and human connections in a digitized world. A.I. Artificial Intelligence (2001) tells a futuristic fairy tale about love, consciousness, and the desire for acceptance. The Matrix (1999) explores simulated existence, truth-seeking, and liberation from intelligent machines.

These five AI-themed movies offer diverse perspectives on the relationship between humans and artificial intelligence, delving into ethical dilemmas, existential questions, and the potential consequences of technological advancement. Whether you seek mind-bending concepts or emotionally charged narratives, these films are sure to captivate your imagination and leave you pondering the future of AI and its impact on humanity.

Spain has established the Spanish Agency for the Supervision of Artificial Intelligence (AESIA) to regulate AI development in the country. The AESIA, formed by joint efforts of the Spanish Ministry of Finance and Civil Service and the Ministry of Economic Affairs and Digital Transformation, aims to ensure inclusive, sustainable, and citizen-centered AI. With this move, Spain becomes one of the first countries in the European Union to have a dedicated agency for AI regulation.