Crypto News
Lumiere Ventures and ElevenLabs Utilize AI to Honor Alain Dorval in New Stallone Film
Lumiere Ventures and ElevenLabs collaborate to recreate Alain Dorval's voice using AI technology for Sylvester Stallone's upcoming film, preserving his legacy for French audiences. (Read More)Source link
SEC Chair’s Dire Crypto Warning: Thousands Are Doomed to Fail
SEC Chair Gary Gensler has warned of widespread crypto failures, labeling the industry as speculative, sentiment-driven, and lacking the fundamental stability needed to survive. Gary Gensler’s Chilling Crypto Forecast: A Ticking Time Bomb of Failures Gary Gensler, the departing chair of the U.S. Securities and Exchange Commission (SEC), has expressed sharp criticism of the cryptocurrencySource link
Italy’s Largest Banking Group Intesa Sanpaolo Buys $1 Million in Bitcoin
While the purchase was confirmed, the banking group declined to elaborate on its motivations or potential future strategies involving BitcoinSource link
Chainalysis Expands Anti-Fraud Efforts With Alterya Acquisition
Chainalysis, the blockchain analytics firm, has announced its acquisition of Alterya, a firm that harnesses artificial intelligence (AI) to combat fraud. Blockchain Analytics Firm Chainalysis Acquires Fraud Detection Startup Alterya Alterya, positioning itself as a preemptive scam detector, claims expertise in thwarting fraudsters before they target their victims. Its clientele reportedly includes major players suchSource link
Sony’s Layer-2 Blockchain “Soneium” Goes Live
Sony, the 78-year-old Japanese electronics giant, is the latest legacy megacorp to explore blockchain technology. On Tuesday, the company announced that it is officially launching "Soneum," a general-purpose blockchain platform.The team behind Sony Block Solutions Labs (SBSL), a joint project between Sony Group and Singapore-based Startale Labs, describes Soneuim — technically a layer-2 network atop Ethereum — as "a versatile general-purpose blockchain platform" built to support a diverse ecosystem of gaming, finance and entertainment apps. According to SBSL, the launch comes after a four month-long test period that involved participation from 14 million wallets.Sony's network is yet more evidence that traditional technology companies might again be keen on blockchain's ability to connect and commercialize the future of media. The chain...