Crypto News
Pompliano, Ex-Journo Melinek Spin Up ‘Token Relations’ Startup for Blockchain Firms
The media startup will offer a "third bucket" of information to crypto startups' stakeholders.Source link
OpenSea Adds Support for ‘Off the Grid’ GUNZ Blockchain on Avalanche
Gunzilla Games’ GUNZ network, built on an Avalanche subnet, will have its NFTs tradeable on OpenSea as the first game Off the Grid nears release.Source link
Scenarios for the Transition to Artificial General Intelligence (AGI)
A recent working paper by Anton Korinek and Donghyun Suh explores different scenarios for the transition to Artificial General Intelligence (AGI). The paper analyzes the impact of technological progress on output and wages, considering the possibility of full automation and its implications for the labor market. The authors discuss the race between automation and capital accumulation, the effects on wage dynamics, and the potential for broad-based gains in productivity. The research provides valuable insights into the economic consequences of AGI development. (Read More)Source link
Ark Invest’s ETF Holds Unique ‘Bitcoin Puppet’ NFT Worth Over $27,000
According to onchain metrics, Ark Invest’s holdings in its spot bitcoin exchange-traded fund (ETF) include several inscriptions, among them an Ordinal inscription from the “Bitcoin Puppet” digital collectible series, valued at $27,900. Similarly, Blackrock’s IBIT possesses an Ordinal inscription from the “Speculum Aeternum” non-fungible token (NFT) collection. Spot Bitcoin ETFs Are Holding Unique NFT InscriptionsSource link
Financial Stability Study Calls for Consistent Regulatory Response to Stablecoins
Countries have varying definitions and categorizations for stablecoins that may pose a risk to financial stability, the report by the Financial Stability Institute said.Source link