Cardano Blockchain Upgrade “Valentine” Live
Cardano's blockchain has been upgraded with the "Valentine" update, improving security and interoperability features. This upgrade will enhance cross-chain functionality for DeFi applications built on the network. It was proposed in February and voted favorably by network validators. The update will make Cardano's blockchain more secure and allow for more efficient DeFi applications. It will also improve interoperability between...
FTX Executives Subpoenaed in Alameda Bankruptcy
Sam Bankman-Fried, former Alameda CEO Caroline Ellison, Bankman-Fried's father Joseph Bankman, Gary Wang and Nishad Singh have been served subpoenas by bankruptcy administrators. Court documents show that the group of former executives and insiders must produce certain documents by Feb. 16, while Bankman-Fried has until Feb. 17 due to having the most comprehensive list of documents to provide. This...
Push Protocol Expands to BNB Chain for User Growth
Push Protocol, a communications network, is expanding to BNB Chain, the world’s largest smart contract blockchain in terms of daily active users. BNB Chain is the third largest blockchain network with more than $5 billion total value locked and an estimated 230 million unique wallet addresses. This expansion is part of Push Protocol's plan to gain more users and...
Risky Assets Like Bitcoin, Nasdaq Defy Fed Concerns Despite Rising Yields
Risky assets such as Bitcoin (BTC) and the tech-heavy Nasdaq index defied expectations on Tuesday, with Bitcoin adding nearly 2% to top $22,000 and the Nasdaq ending the day 0.7% higher, despite the U.S. consumer price index (CPI) data reviving hawkish Federal Reserve (Fed) concerns and sending Treasury yields higher. The 10-year U.S. Treasury yield jumped more than 12...
Hive Blockchain Delays Financial Report Filing
Hive Blockchain (HIVE), a Bitcoin (BTC) mining company, has announced that it will delay the release of its interim financial statements for the three and nine month periods ending December 31, 2022. Hive has applied for a management cease trade order (MCTO) from the British Columbia Securities Commission, which will restrict its CEO and CFO from trading shares until...
AI Painting: Impact on Designers’ Jobs
On December 12th, the discussion about AI painting by CG painter Wuhe Qilin was on the Weibo hot search list. Wuhe Qilin said that AI painting is a new technology that uses algorithms to generate artworks. He believes that AI painting can help to create more vivid and realistic images, and can also help to reduce the workload of...
AI Artist Stable Diffusion: Unicorn-Level Valuation
Stability AI, the company behind the popular AI painter Stable Diffusion, recently raised $101 million in a seed round of financing, valuing the company at over $1 billion and making it a unicorn. The company plans to use the money to provide users with more customized versions and increase the research and development of supercomputing capabilities. The team size...
Generative AI: Unlocking Business Opportunities
The ratio of value capture between start-ups and mature companies has changed over the years. During the first Internet wave, start-ups captured most of the value (60-70%), while established players captured the rest. In the era of the mobile Internet, mature companies captured the majority of the value (80%), while start-ups still had some opportunities (20%). However, in the...
Earn Over 1.3K/ Month with AI Painting
The discussion on AI painting has become increasingly popular since the beginning of this year. Last month, the Colorado State Fair held an art competition, and the winning work was created by the AI painting app ""Midjourney"". However, the author Jason Allen faced overwhelming accusations instead of praise. These accusations are mainly related to copyright disputes about AI paintings,...
Bitcoin Price Surges Above $22K Despite U.S. Inflation Data
Bitcoin regained its footing above $22,000 despite January's U.S. consumer price index (CPI) data coming in line with economist forecasts. The largest cryptocurrency by market capitalization was recently trading over $22,200, a more than 3% gain in the past 24 hours. The CPI rose 0.5% versus 0.1% a month earlier, and on a year-over-year basis inflation ran hotter than...
