OpenAI takes steps to boost AI-generated content transparency

OpenAI is joining the Coalition for Content Provenance and Authenticity (C2PA) steering committee and will integrate the open standard’s metadata into its generative AI models to increase transparency around generated content. The C2PA standard allows digital content to be certified with metadata proving its origins, whether created entirely by AI, edited using AI tools, or […]

Tether partners with Swan to expand Bitcoin mining operations

Stablecoin issuer Tether has expanded its mining endeavors by collaborating with Swan’s Managed Bitcoin Mining service. According to the press statement, the firm has dedicated an undisclosed amount of substantial capital to establish its Bitcoin mining operations through Swan. Swan’s Managed Bitcoin Mining allows institutional investors to commit a minimum of $100 million to the […]

Robinhood CEO Breaks Silence On US SEC’s Wells Notice Over Crypto Operations

As Robinhood continues to traverse the complexity of the financial regulatory landscape, Vlad Tenev the company’s Chief Executive Officer (CEO), has taken center stage to address the Wells Notice receipt from the United States Securities and Exchange Commission (SEC) regarding its cryptocurrency business. Tenev’s response to the SEC’s Wells Notice highlights the firm’s commitment to […]

Press Release

Important Ripple v SEC Lawsuit Updates, Bitcoin (BTC) Price Volatility, Solana Price Predictions: Bits Recap May 9

TL;DR BTC has been hovering between $59,000 and $65,000 in the past several days, settling around $61,700. Optimistic forecasts suggest a potential rise to $74,000 due to technical patterns and recent halving effects. The legal conflict between Ripple and the SEC continues, focusing on whether XRP is an unregistered security. Solana’s SOL has climbed by […]

Aethir and Magic Eden Join Forces to Boost Web 3.0 Gaming
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Aethir and Magic Eden Join Forces to Boost Web 3.0 Gaming

Aethir – a distributed GPU cloud computing platform – has announced teaming up with NFT giant Magic Eden to boost Web 3.0 gaming on a massive scale. The aim is to create a unified Web 3.0 gaming ecosystem by utilizing Aethir’s enterprise-grade GPU infrastructure and Magic Eden’s NFT platform. The latest initiative will also enable […]

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Bitcoin and Ethereum ETFs in Hong Kong diverge

Quick Take Hong Kong ETFs According to Farside data, the digital asset exchange-traded funds (ETFs) market in Hong Kong (HK) experienced a divergence in flows on May 8. While Bitcoin (BTC) ETFs saw overall inflows, Ethereum (ETH) ETFs saw outflows. HK Crypto ETF Flow Table: (Source: Farside) Farside data shows that the BTC ETFs in […]