CryptoNews

Former SEC Official Warns SBF Conviction Is 'Just the Tip of the Iceberg' for All of Crypto – Regulation Bitcoin News

The U.S. Securities and Exchange Commission’s former head of internet enforcement says the conviction of ex-FTX CEO Sam Bankman-Fried (SBF) is “just the tip of the iceberg” for the entire crypto industry. “People should not think that it’s safe to go back in the water … It’s a mammoth House of Cards,” he stressed, asserting that crypto, web3, and blockchain are all…
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AI & RoboticsNews

Do we have enough GPUs to manifest AI’s potential?

In 2023, few technologies have garnered as much attention, speculation and promise as AI. We are undoubtedly in the midst of an unprecedented AI hype cycle.  In some ways, the moment is akin to a modern-day gold rush as innovators, investors and entrepreneurs clamor to…
AI & RoboticsNews

Forget ChatGPT, why Llama and open source AI win 2023

Could a furry camelid take the 2023 crown for the biggest AI story of the year? If we’re talking about Llama, Meta’s large language model that took the AI research world by storm in February — followed by the commercial Llama 2 in July and Code Llama in August — I…
CryptoNews

Dubai Financial Authority Approves XRP as 'Recognized Crypto Token'

Dubai’s financial regulator, the Dubai Financial Services Authority, has approved XRP as a recognized crypto token for use within the Dubai International Financial Centre (DIFC), a special economic zone. “Licensed virtual asset firms within the DIFC will now be able to incorporate XRP into their virtual asset services,” Ripple explained, adding that institutions located in the zone can now…
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AI & RoboticsNews

Runway’s Gen-2 update is blowing people’s minds with incredible AI video

Runway, the well-funded New York City-based generative AI video startup, updated its signature text/image/video-to-video model Gen-2 today, and many of its users are collectively freaking out over how good it is. Numerous AI filmmakers have called it “game changing,” and some a “pivotal moment in generative AI.“ Specifically, Gen-2 has undergone “major improvements to both the fidelity…
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CryptoNews

The Clock Ticks for Sam Bankman-Fried: Countdown to a Crypto Mogul's Day of Reckoning – Bitcoin News

A jury has unanimously convicted Sam Bankman-Fried on a slew of charges, encompassing wire fraud, conspiracy to engage in wire fraud, and money laundering among the seven counts. The following is an in-depth look at what will happen between now and Bankman-Fried’s sentencing, which is scheduled for March 28, 2024. Before the Gavel — What Lies Ahead Until Sentencing Day? A significant turning…
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