No matter which side you think will win the battle, there is no doubt that the New York Times’ new lawsuit against OpenAI and Microsoft for copyright infringement, filed last Wednesday, will be one of the most important copyright fights to watch in 2024.
The Gray Lady vs. the Generative AI Bros? Pass the popcorn, please. The lawsuit maintains the defendants should be held responsible for…
The U.S. Supreme Court released its annual year-end report on the federal judiciary on Sunday, providing an overview of the court’s work and achievements in the past year.
The report, authored by Chief Justice John Roberts, also includes a commentary on the increasing use…
Orbit Bridge, an inter-blockchain bridging protocol, has confirmed that it was recently exploited, losing over $81.5 million in several assets, including USDT, DAI, USDC, WBTC, and ETH. Orbit Chain is trying to communicate with the group responsible for the attack and has…
Paypal and First Digital Stablecoins Dominate in December as Binance USD Heads Toward Extinction
January 3, 2024
The leading stablecoins, in terms of market capitalization, concluded 2023 with a combined value of around $131.69 billion, yet only two of the top ten experienced increases in 30-day supply. Data reveals that tether, the leading U.S. dollar-pegged crypto asset, observed a 2.5% uptick in its supply, while the newcomer, first digital usd, enjoyed a substantial 85.7% rise.
Stablecoin Market Sees…
New Crypto Tax Law Takes Effect in US: Transactions of $10,000 or More Must Be Reported to IRS Within 15 Days
January 3, 2024
A new tax reporting law has entered into force in the U.S. Starting on Jan. 1, all Americans receiving $10,000 or more in crypto in the course of their trade or business must file a report with the Internal Revenue Service (IRS) within 15 days. “If you don’t file a…
The sector of crypto economy dedicated to artificial intelligence (AI) has been expanding steadily, and in the past 34 days, since Nov. 29, 2023, the market capitalization of AI-focused crypto assets has surged by $1.75 billion. A majority of the leading ten AI tokens…
One of the first depictions of the Mickey Mouse character has finally entered the public domain, and it is now immortalized in a non-fungible token collection. A limited edition of 2,000 NFTs featuring the famous mouse in one of its first animated shorts, “Steamboat Willie,” was minted during New Year’s Eve to commemorate the occasion.
Steamboat Willie’s Mickey Mouse Celebrated in NFT…
The expected approval of spot bitcoin exchange-traded funds (ETFs) applications by the U.S. Securities and Exchange Commission will see the top crypto asset’s price jumping to $50,000 in January, the latest market preview by Matrixport has predicted. The crypto financial…
Start 2024 with a $401 discount on the folding HeyBike e-bike, plus deals on other EVs and electric tools
January 3, 2024
Don’t think you have room for an e-bike? This affordable HeyBike model will prove you wrong thanks to its folding design that clocks in at $401 off. Complete with a 48-mile range and 20 MPH top speed, it falls to $799 alongside a deep New Year’s discount on this electric…
The world’s largest ultra-high-altitude wind farm came online on January 1 in Tibet, or what China now refers to as the Xizang Autonomous Region.
The 100-megawatt (MW) wind farm is at an altitude of 4,650 meters (15,256 feet) in the Seni District. A wind farm built at 3,500 (11,483 feet) to 5,500 feet (18,045 feet) is considered ultra-high.
Its developer, CHN Energy, will use the wind farm for…
