Microsoft Research has released Phi-2, a small language model (SLM) with 2.7 billion parameters, showcasing remarkable performance and efficiency in math, coding, and common sense reasoning tasks compared to larger language models (LLMs) like GPT and Gemini Nano 2. Microsoft's approach to AI includes the development of custom chips and a commitment to democratizing AI research through its Azure AI Studio model catalog.
SUI, a smart contract platform, is predicted to have a steep rally by a trader who accurately called Bitcoin's bear market price floor, and they also believe Solana will follow suit.
BlackRock has revised its Bitcoin ETF application to allow Wall Street banks to participate by creating new shares in the fund with cash rather than crypto, potentially opening up the market to highly regulated banks that cannot hold Bitcoin directly. The revised model aims to address concerns about market manipulation and offers increased investor protections and lower transaction costs. The SEC must make a decision on BlackRock's application by January 15, 2024.
FIFA is launching NFT collectibles on Algorand and Ethereum's Polygon network in collaboration with crypto startup Modex, with the first 100 NFTs releasing on December 15 on Algorand, offering the opportunity to win tickets for the 2026 FIFA World Cup Final.
Online chess platform Immortal Game has decided to discontinue its development of NFTs and play-to-earn crypto elements due to rampant cheating, removing its NFT marketplace, Checkmate token CMT, and crypto rewards for tournament winners and focusing instead on creating a fair and enjoyable chess-playing environment.
Bitcoin stabilized around $41,000 as altcoins surged following a major leverage flush, while market observers anticipate the Fed to pause rate hikes at this week's FOMC meeting.
Stanford Law School professor and lawyer David Mills, who defended Sam Bankman-Fried in the FTX case, expresses his struggle with the challenging client and vows to not emotionally involve himself in similar cases again.
Former US President Donald Trump has launched a new NFT collection called the "Mugshot edition," with the prices of his previous NFTs rising after the announcement; those who buy 47 of the new Trump cards will have a chance to win rewards including a dinner with Trump at Mar-a-Lago and a piece of the suit he wore for his mugshot.
Crypto analyst Jason Pizzino warns that Solana (SOL) is showing a technical pattern similar to its previous cycle's peak, suggesting potential downside risk.
Crypto analyst Altcoin Sherpa believes that Cosmos (ATOM) could rise by over 27%, Bonk (BONK) could see an increase in value, and Ethereum (ETH) may reach $3,000 in the coming months.
Insomniac Games, the studio behind Spider-Man and the Ratchet & Clank series, has been targeted in a cyberattack by the Rhysida hacker group, who are demanding a ransom of 50 Bitcoin (over $2 million) for stolen data that includes confidential information and game screenshots. Sony, the owner of Insomniac Games, is currently investigating the breach.
AVAX, the native token of the Avalanche ecosystem, has experienced significant gains, with its market value increasing by over 341% in two months and its market cap surpassing that of Dogecoin. The rally is fueled by inflows of funds and strong fundamentals, including robust support levels and increased development activity within the ecosystem.
Bitcoin's liquidity is expected to remain low, with the collapse of Alameda Research and the upcoming ETF decision deadline contributing to poor trading conditions during the holiday period. However, the approval of US spot Bitcoin ETFs could bring in substantial capital and improve market liquidity in the cryptocurrency industry.
Former President Donald Trump has launched a new set of NFTs called Trump Digital Trading Cards: MugShot Edition, but the market response has been unfavorable, with prices plummeting and the value of previous NFTs crashing as well.
Former President Donald Trump has announced a new NFT collection called the "Mugshot Edition," which includes the opportunity to have dinner with him and receive a piece of the suit he wore during his arrest, causing prices for his existing NFTs to increase.
The criminal investigation unit of the United States Internal Revenue Service (IRS) has highlighted four high-profile crypto-related cases in 2023 involving fraud, money laundering, and the seizure of cryptocurrency, including investigations into the Silk Road marketplace, OneCoin, Oyster Protocol founder “Bruno Block,” and a money laundering scheme using Bitcoin kiosks.
Sam Altman, co-founder and CEO of OpenAI and the driving force behind ChatGPT, has been named the Decrypt Emerge Person of the Year for his significant impact on the tech and business world in 2023. Altman's role in advancing AI technology, including the launch of ChatGPT and the development of other AI products, has made him a prominent figure in the industry. Despite facing controversies and challenges, Altman remains a key player in shaping the future of AI.
S&P Global has launched a stablecoin stability assessment, rating Tether as the second lowest due to a lack of transparency in its assets.
BlackRock plans to shift risk to crypto market makers in order to make it easier for Wall Street banks to participate in its Bitcoin ETF, potentially leading to a large influx of institutional capital into crypto markets.
Ripple lawyer John Deaton has labeled US Senator Elizabeth Warren as the biggest threat to the cryptocurrency industry, arguing that her proposed bill to regulate the industry poses a greater danger than SEC chair Gary Gensler.
KuCoin, a Seychelles-based crypto exchange, has agreed to pay over $22 million and cease operations in New York to settle a lawsuit with the New York Attorney General over the illegal sale of securities and commodities, but did not admit that any specific cryptocurrency was a security.
Celestia's native TIA token reached a record high of $12.35 as traders anticipated its integration with Polygon's Chain Development Kit, causing a 473% increase since its debut six weeks ago.
Unknown hackers claimed to have breached Coin Cloud, a bankrupt Bitcoin ATM company, and stolen 70,000 pictures and personal data of 300,000 customers, although the details and timing of the hack remain a mystery, according to the company's new owner.
Representative Dean Phillips, a Democratic presidential candidate, criticized Joe Biden and Donald Trump for their lack of understanding and leadership in regards to digital assets, stating that they are not the right people to lead the country forward in this area. Phillips also highlighted the dysfunction within Congress as a reason why crypto bills have not been signed into law.
Bitcoin is down slightly, while the Aptos blockchain's native coin APT has surged over 15% after the unlocking of tokens, Cosmos and KuCoin have also experienced significant gains, and Avalanche's native coin AVAX has become the 10th largest cryptocurrency by market cap.
KuCoin has agreed to pay $22 million to the State of New York and will no longer allow residents of New York to use its platform, following a stipulation and consent order filed in the New York Supreme Court.
Jeremy Sturdivant, the man who received 10,000 Bitcoins for two pizzas, admits that he regrets not saving the Bitcoin, which is now worth over £330 million.
The recent surge in crypto prices and the support from Wall Street giants indicate that the Crypto Winter may be over, but the absence of app downloads suggests a different story.
StarkWare and the Starknet Foundation are launching a pilot program called "Devonomics," in which they will distribute 10% of network fees to developers to support the expansion of the Starknet ecosystem and incentivize development on the platform.
The =nil; Foundation has developed a new type-1 zero-knowledge Ethereum Virtual Machine (zkEVM) compiler that automatically compiles high-level programming code into Zero-Knowledge Succinct Non-Interactive Argument of Knowledge (zk-SNARKS) circuits, prioritizing security and compatibility with evmone to address security concerns in ZK-powered Ethereum scaling solutions.
StarkWare and the Starknet Foundation have announced that around $3.5 million in fees from the Starknet blockchain will be distributed to developers through the "Devonomics" program, with 8% going to dApp builders and 2% to core developers.
The Dogecoin price experienced a new yearly high but fell sharply afterwards, with the price still trading within a critical support area, leaving uncertainty as to whether it will bounce back or continue to decline.
BlackRock's change to its proposed spot bitcoin ETF mechanics allows Wall Street banks with restrictions on holding cryptocurrencies to play a key role in the ETF ecosystem by creating new fund shares with cash instead of cryptocurrency.
Coinbase Asset Management has launched Project Diamond, a platform that allows institutional investors to issue and trade digitally native debt instruments using Base, Coinbase's Ethereum scaling network, in an effort to bring traditional financial assets to the blockchain.
Major Coinbase shareholders, including co-founder Fred Ehrsam and ARK Invest, have sold over $14 million worth of Coinbase shares in the past 48 hours, as insider selling continues.
Champions Arena, a mobile battler game, is implementing new NFT features and aiming to gradually introduce Web2 gamers to Web3 gaming without alienating them, offering a blend of compelling gameplay and optional NFT ownership.
Blockchain-based PC marketplace Ultra is set to launch the first digital PC game that can be resold to other users via a tokenized license, with cartoonish beat-'em-up game Josh Journey: Darkness Totems being the first title to offer this feature.
OverProtocol, a Layer 1 blockchain, is set to launch its mainnet in the first half of next year and has announced an open beta testnet and incentive program, including an airdrop for its community.
The Consumer Price Index (CPI) for November met economist forecasts, with headline inflation slipping to 3.1% versus 3.2% a month earlier.
The bankrupt crypto exchange FTX claims that the U.S. government's demand for $24 billion in unpaid taxes is unjust and would prevent victims of the fraud from recovering any meaningful compensation.
The Chinese Ministry of Public Security is planning to introduce a blockchain-based identity verification system called RealDID, which aims to ensure the safety of personal data and identity credentials.
Gaming blockchain Oasys has partnered with AltLayer to simplify the deployment of metaverses, making it easier for smaller game developers to launch their games on the network.
Disney and Funko are collaborating to release trading card NFTs on the WAX blockchain, featuring popular characters such as Mickey Mouse and Donald Duck, with the opportunity to win a rare physical Funko Pop! figure. Meanwhile, Sotheby's is auctioning the Bitcoin Ordinals NFT project, capturing Bitcoin's history, culture, and technicalities, and the Solana and Bitcoin networks are gaining traction in the NFT market, competing with Ethereum.
El Salvador's Digital Assets Commission has approved the issuance of Bitcoin bonds, known as "volcano bonds," which are expected to be released in the first quarter of 2024, marking the country's move towards establishing new capital markets centered around Bitcoin.
Mirai Labs, the crypto gaming studio behind Pegaxy and various other apps, has moved its entire ecosystem to the Avalanche subnet, citing the assistance and infrastructure provided by Avalanche as a major benefit compared to its previous experience on Polygon Labs' Ethereum sidechain. The studio also revealed plans for a potential Petopia token airdrop in the future and highlighted the speculative nature of gaming tokens in the broader crypto ecosystem.
My Neighbor Alice, a popular blockchain game, has migrated from BNB Chain to the new Chromia network, allowing players to easily transfer their NFT assets and enjoy a more intuitive gaming experience without transaction fees.
Cardano (ADA) has reached its Fib resistance level at approximately $0.61, signaling a potential bearish rejection, although the medium-term outlook remains bullish with support levels at $0.44 and potential upward movement towards $0.86.
Shiba Inu's price is currently 89% below its all-time high, but it is still attractive to some risk-seeking investors, although it may not be a smart long-term investment due to various reasons outlined in the text; instead, investors are encouraged to focus on Bitcoin, which has positive characteristics and potential for another incredible run.
Crypto analyst Ali Martinez warns that Bonk (BONK), a Solana-based memecoin, may be due for a correction after a significant price increase, while Ethereum (ETH) and Binance Coin (BNB) also show sell signals according to their TD Sequential indicators.