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Musk likens AI to ‘magic genie,’ says no jobs wanted in future

[ad_1] The UK’s international summit on synthetic intelligence security, the AI Safety Summit, concluded on Nov. 2 with a one-on-one chat between U.Ok. Prime Minister Rishi Sunak and billionaire Elon Musk. Musk was one of many many large names to attend the summit, together with heads of OpenAI, Meta, Google and its AI division DeepMind, together with leaders from 27 international locations. Musk’s almost hour-long chat with Sunak was one of
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Bitcoin to the moon! Prime 5 BTC value predictions for 2024 and past

[ad_1] Bitcoin (BTC) continues to circle its highest ranges in 18 months and bullish BTC value predictions are flowing in — how excessive can the bull market go and how briskly?From a crash to $20,000 to 6 figures inside months, there may be plenty of variety relating to what Bitcoin may do subsequent, with November historically one in all its most volatile months.BTC/USD month-to-month returns (screenshot). Supply: CoinGlassThe temper amongst
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Jack Dorsey’s Block noticed $5.62B in income and $44M in Bitcoin revenue in Q3

[ad_1] Jack Dorsey-led Block, a Bitcoin-focused fintech firm, revealed its third-quarter earnings report on Nov. 2 that exposed a worthwhile quarter for the agency, surpassing analyst estimates. The agency noticed $5.62 billion in income within the third quarter of 2023, boosted by sturdy income development in Money App and Sq. and made $44 million in revenue on its Bitcoin holdings due to the surge in value of BTC over the previous
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5 nations problem crypto consultants and investigators to focus on tax crimes

[ad_1] The Joint Chiefs of World Tax Enforcement (J5), a worldwide anti-tax fraud group, hosted investigators, cryptocurrency consultants and knowledge scientists in ‘The Cyber Problem’ occasion to trace down people and organizations committing tax fraud.The J5 members are composed of the prison intelligence communities from Australia, Canada, the Netherlands, the UK and the USA that collaborate within the struggle in opposition to worldwide and transnational tax crime and cash laundering.
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Ripple to energy Georgia’s central financial institution digital forex, the digital Lari

[ad_1] The Nationwide Financial institution of Georgia (NBG) has chosen Ripple Labs Inc., a number one blockchain funds platform, because the official expertise associate for creating Digital Lari, their central bank digital currency (CBDC) venture.Ripple mentioned in a  statement that the partnership will embody the implementation and deployment of the Digital Lari pilot initiative by the Ripple CBDC Platform. The Nationwide Financial institution of Georgia will make the most of this modern
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SEC seeks abstract judgment in Do Kwon and Terraform Labs case

[ad_1] The US Securities and Change Fee (SEC) has refuted the jury’s conclusion relating to Terraform Labs’ alleged violations and has demanded a abstract judgment on all of the claims. A courtroom filing from Oct. 27 confirmed the SEC’s reluctance to just accept the jury’s leniency on Do Kwon and his involvement in facilitating the frauds that ultimately led to the collapse of Terraform Labs. The submitting, directed to the U.S.
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Particular person creators will in the end form the metaverse: Sandbox founders

[ad_1] Particular person creators and types will in the end decide the way forward for the metaverse versus any centralized entity, in accordance with the co-founders of The Sandbox.On Nov. 3, the workforce behind the Ethereum-based metaverse announced on X it had made The Sandbox Map accessible to everybody, the place “LAND” homeowners can publish their very own experiences while not having to partake in an software course of (which
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Sam Bankman-Fried discovered responsible on all costs

[ad_1] Former FTX CEO Sam Bankman-Fried has been discovered responsible of the entire seven costs in his felony trial by a jury in New York.Bankman-Fried was discovered responsible of two counts of wire fraud and two counts of wire fraud conspiracy together with one depend of securities fraud, one depend of commodities fraud conspiracy and one depend of cash laundering conspiracy.He'll return to courtroom for sentencing by New York District
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Coinbase narrows loss whereas crypto buying and selling volumes fall in Q3

[ad_1] Cryptocurrency trade Coinbase narrowed its internet loss to $2 million within the third quarter, as inotched a year-on-year improve in income regardless of decrease buying and selling volumes. The agency’s internet loss in Q3 was trimmed from a $545 million internet loss within the prior yr interval, according to a Nov. 2 earnings assertion.Whole income elevated 14.2% year-on-year to $674.1 million, although quarter-on-quarter income fell 4.8%. The determine beat