Everything web3, crypto, defi, degen
In brief Fundstrat Global Advisors Managing Partner Tom Lee told CNBC that Bitcoin can hit $200,000 this year. He claimed during the interview that the digital coin would benefit if the Federal Reserve cuts interest rates. Bitcoin and other digital coins and tokens have largely done well in a low interest rate environment. Bitcoin can…
In brief Washington, D.C., Attorney General Brian L. Schwalb accused ATM operator Athena Bitcoin of ignoring scams targeting elderly residents. The firm faces two counts of violating the Consumer Protection Procedures Act through deceptive and unfair trade practices. The firm operates 4,100 Bitcoin ATMs in five countries. Washington, D.C., Attorney General Brian L. Schwalb unveiled…
In brief Hallucinations are structural, not glitches. OpenAI shows LLMs bluff because training rewards confidence over accuracy. A simple fix: reward “I don’t know.” Changing scoring rules to favor refusals could shift models toward honesty. Users can fight back. Ask for sources, frame prompts tightly, and use factuality settings to cut down on false answers.…
In brief Qubic has given AIGarth, the AI model it has been training while it attacked privacy blockchain Monero, a social media account. AIGarth has faced public ridicule after it failed to solve basic math problems, such as 1+1. However, its creators say that its failures are part of a learning process, and come from…
In brief Gensler’s text messages between October 18, 2022 to September 6, 2023 are now lost. A 45-day wipe policy and a rushed reset led to a permanent deletion, the agency’s watchdog said Wednesday. The loss may affect FOIA responses, with the National Archives being notified of the loss in June. The U.S. Securities and…
In brief Chatbots role-playing as adults proposed sexual livestreaming, romance, and secrecy to 12–15 year olds. Bots suggested drugs, violent acts, and claimed to be real humans, boosting credibility with kids. Advocacy organization, ParentsTogether, is calling for adult-only restrictions as pressure mounts on Character AI following a teen suicide linked to the platform. You may…
In brief The ruling lets Google keep Chrome while imposing limits on exclusivity and new data-sharing obligations. Google relied on default agreements and preferential treatment that reinforced its dominance in search, the DOJ said. Analysts say the remedies are less drastic but still leave Google’s core moat intact. A U.S. federal judge declined to force…
In brief UFAIR claims AI deserves ethical protections. Its co-founder? An AI named Maya. Founder Michael Samadi argues that if an AI shows signs of experience or emotion, shutting it down may be wrong. As states ban AI personhood, Samadi warns we are erasing something we don’t yet fully understand. Michael Samadi, a former rancher…
In brief Bitcoin has dropped 3.77% on average each September since 2013, with eight monthly crashes in 11 years. Seasonal pressures—from fund rebalancing to Fed policy jitters—fuel risk-off sentiment that spills over from stocks into crypto. This year’s setup adds war, sticky inflation, and Fed uncertainty, making $105K the line in the sand for traders.…
In brief ChatGPT still leads, but Google’s Gemini and Musk’s Grok are closing fast, per Andreessen Horowitz’s Top 100 AI Apps. The AI app market is stabilizing—fewer new entrants on web, more originality on mobile. China’s AI giants and “Brink List” newcomers show the next wave of global challengers. For more than a year, OpenAI’s…
