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The Commodity Features Trading Commission (CTFC) has filed a lawsuit against Binance due to its involvement in paving the way for its US clients to dip their toes into illegal trading practices.
Crypto derivatives trading isn’t yet legal in the US, and although Binance is an international platform, it isn’t registered with US federal regulator, the CFTC. Therefore, the regulators filed a lawsuit against this crypto exchange, as it provided its platform for illegal trading purposes and encouraged the use of VPN technologies that would allow US customers to trade with crypto derivatives.
More specifically, the US federal regulator alleges that this crypto exchange platform is violating the US crypto and trading laws by secretly providing coaching services to “VIP” customers on finding a loophole in the US law and evading compliance controls set by the US government.
Crypto derivatives trading isn’t yet legal in the US, and although Binance is an international platform, it isn’t registered with US federal regulator, the CFTC. Therefore, the regulators filed a lawsuit against this crypto exchange, as it provided its platform for illegal trading purposes and encouraged the use of VPN technologies that would allow US customers to trade with crypto derivatives.
More specifically, the US federal regulator alleges that this crypto exchange platform is violating the US crypto and trading laws by secretly providing coaching services to “VIP” customers on finding a loophole in the US law and evading compliance controls set by the US government.
Segment Anything Model (SAM) is a photo and video editing tool recently released by Meta that allows you to cut any object out with a single click. In other words, it can recognize any object just like a human would. That said, this tool has a much greater potential than just in creative industries. It can be used for studying space or in the military. So, could Meta’s SAM be the first foundation model for image segmentation?
Rapid artificial intelligence development raises questions and concerns about the sustainability of AI technologies. Artificial intelligence indeed has the potential to transform not only industries but also the everyday life of ordinary people. However, with great power comes a great electricity bill… pardon, responsibility.
This lapsus calami didn’t pop out without a reason. The training of each novel chatbot, image generator, and other AI models demand massive amounts of electricity. At the same time, transparency regarding energy consumption and carbon emissions remains insufficient.
All things considered, we cannot help but wonder whether AI models pose a threat to global warming due to colossal and ever-growing carbon emissions that are warming up our planet Earth. If it is, how can it be mitigated?
This lapsus calami didn’t pop out without a reason. The training of each novel chatbot, image generator, and other AI models demand massive amounts of electricity. At the same time, transparency regarding energy consumption and carbon emissions remains insufficient.
All things considered, we cannot help but wonder whether AI models pose a threat to global warming due to colossal and ever-growing carbon emissions that are warming up our planet Earth. If it is, how can it be mitigated?
Ethereum (ETH) experienced a pullback on April 6, dipping below $1,900 following its recent peak above this level, the highest it had been since last August. Despite this, ETH managed to stay in the green for the week, adding 4% over the last 7 days, likely driven by the anticipation of the April 12, Shanghai hard fork – an upgrade that promises to tackle staked ETH withdrawals. At the time of writing, ETH was trading at $1,857, down 1.59% over the last 24 hours (April 7).
Data from CryptoQuant revealed that selling pressure was significantly more intense than buying in the derivatives market, as evidenced by Bitcoin’s (BTC) taker buy/sell ratio. Over 15 million long positions were liquidated in the last 24 hours (April 7), which further confirms that the selling pressure was heavier. This could very likely be the cause behind BTC’s downward trend over the last 24 hours (April 7). Furthermore, a decline in Open Interest also points to a bearish future for the cryptocurrency market’s leader.
Data from CryptoQuant revealed that selling pressure was significantly more intense than buying in the derivatives market, as evidenced by Bitcoin’s (BTC) taker buy/sell ratio. Over 15 million long positions were liquidated in the last 24 hours (April 7), which further confirms that the selling pressure was heavier. This could very likely be the cause behind BTC’s downward trend over the last 24 hours (April 7). Furthermore, a decline in Open Interest also points to a bearish future for the cryptocurrency market’s leader.
Mining is such a revolutionary process and, as such, there must be a way for it to be used for something even greater than finance, especially since it requires impressive computational power. Right? That’s correct. Although there are several cryptocurrencies that award science projects, that’s not their primary goal. But there is an altcoin designed specifically for the purpose of helping science and its name is Gridcoin. Let’s find out more about it.
Though it seems unimaginable, you may see robots instead of your therapists or life coach someday. Researchers at the University of Cambridge have recently carried out a study using two distinctive robot life coaches. The research, during which 26 employees took part in weekly sessions, was conducted in a tech consultancy company and lasted for four weeks.
The robots had the same voices, expressions, and even scripts for the sessions. However, because of their appearance, people engaged with them in completely different ways.
The robots had the same voices, expressions, and even scripts for the sessions. However, because of their appearance, people engaged with them in completely different ways.
As BTCs price has regained momentum since its March lows, pushing close to the $28,900 mark, the resulting crisis still has many in the market worried. It has been revealed that Silvergate’s SEN and Signature’s Signet networks were shut down in early March, thus raising fears about the cryptocurrency market’s liquidity. Low liquidity can create inefficiencies for traders and often lead to thin order books, greater spreads, and huge volatility, factors that could dissuade even the most experienced investors from partaking in transactions.
Crypto markets boast high liquidity, and arguably the most relevant measure of this is market depth. It reveals how many orders are waiting to be filled within a given price range. By summing bids and asks within 1% of the mid-price of the top 10 crypto assets, we get a great indication of the liquidity present in markets. According to the data by Kaiko the overall liquidity of the markets received a shock after the failure of the three major US banks, two of which were tied to crypto-related businesses.
Crypto markets boast high liquidity, and arguably the most relevant measure of this is market depth. It reveals how many orders are waiting to be filled within a given price range. By summing bids and asks within 1% of the mid-price of the top 10 crypto assets, we get a great indication of the liquidity present in markets. According to the data by Kaiko the overall liquidity of the markets received a shock after the failure of the three major US banks, two of which were tied to crypto-related businesses.
Powered by Polygon, Immutable zkEVM (zero-knowledge Ethereum Virtual Machine) is a pioneering blockchain technology designed specifically for games. The chain offers EVM compatibility, meaning developers can use it to write and deploy smart contracts compatible with the EVM or Ethereum Virtual Machine. That said, the smart contracts on the Immutable zkEVM chains could be read by the nodes within the Ethereum ecosystem.
The blockchain was developed from a need to simplify developers’ journey of creating games. According to DappRadar dApp Industry Repost for 2022 , blockchain games development in 2022 accounts for 49% of dApp activity. As more developers plan on joining the hype, Polygon and Immutable are trying to provide a platform dedicated strictly to Web 3.0 game developers.
The blockchain was developed from a need to simplify developers’ journey of creating games. According to DappRadar dApp Industry Repost for 2022 , blockchain games development in 2022 accounts for 49% of dApp activity. As more developers plan on joining the hype, Polygon and Immutable are trying to provide a platform dedicated strictly to Web 3.0 game developers.
The creative world is buzzing with excitement as Adobe introduces its latest innovation, Firefly. This groundbreaking generative AI has the potential to revolutionize the way we create and design, but it also raises a burning question: Is Firefly coming for your jobs?
Adobe Firefly, announced in March 2023, is a family of creative, generative AI models designed to empower creators of all experience levels to generate high-quality images and stunning text effects. With its integration into Adobe Creative Cloud products like Photoshop and Illustrator, Firefly promises to offer new ways to ideate, create, and communicate while significantly improving creative workflows.
But what does this mean for the artists, designers, and content creators who rely on their skills and imagination to make a living? Fear not, dear creatives! While Firefly may seem like a formidable force, we’ll explore the ways in which this innovative tool can enhance and complement human creativity rather than replace it.
Adobe Firefly, announced in March 2023, is a family of creative, generative AI models designed to empower creators of all experience levels to generate high-quality images and stunning text effects. With its integration into Adobe Creative Cloud products like Photoshop and Illustrator, Firefly promises to offer new ways to ideate, create, and communicate while significantly improving creative workflows.
But what does this mean for the artists, designers, and content creators who rely on their skills and imagination to make a living? Fear not, dear creatives! While Firefly may seem like a formidable force, we’ll explore the ways in which this innovative tool can enhance and complement human creativity rather than replace it.
The world’s most populous country plans to stay that way – China has launched a dating app aimed at increasing the birth rate, which was at a record low in 2022. Having in mind that the state unofficially monitors the behavior of citizens through official applications, the question of user privacy and the protection of human rights is again at stake.
Gaming is becoming more popular by the day, with new video games being released quicker than the average gamer can play through them. April is here, the gaming community is buzzing with excitement for the top game releases of the month. April offers numerous genres, platforms, and publishers, which is why there is something for everyone in this epic lineup. We’ll detail the most anticipated games of April 2023 and guide you through the steps to prepare for these launches in the following post. Let’s dive into the action!
For example, one of the things that made the original Dead Island game unique was its “vacation-gone-awry” premise, pitting the living dead against palm trees and sandy beaches in contrast to the usual dreary zombie games with dark color palettes and tough characters. Dead Island 2 is continuing in the footsteps of its predecessor by presenting a once-beautiful tourist destination now covered in blood and guts.
For example, one of the things that made the original Dead Island game unique was its “vacation-gone-awry” premise, pitting the living dead against palm trees and sandy beaches in contrast to the usual dreary zombie games with dark color palettes and tough characters. Dead Island 2 is continuing in the footsteps of its predecessor by presenting a once-beautiful tourist destination now covered in blood and guts.
In parallel with the current development of artificial intelligence, there is also a growing discussion about job automation. According to the latest predictions, this is about 300 million positions. Experts argue that automation can only be a good thing, and that workers will not run out of jobs but will move to more sophisticated, better-paid positions. Given that this change is happening at a speed that no one has predicted, it is necessary to take a step back and see what kind of economic impact it can have on society.
