The latest legal action against Block.one (B1) — the creator and original seller of Eos (EOS) — could potentially help plaintiffs get a higher compensation, according to EOS Network Foundation (ENF) founder and CEO Yves La Rose. On July 25, La Rose officially announced that ENF is preparing a lawsuit…
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Elon Musk has reportedly assumed control of the @X account on Twitter without remunerating the original user who held this username for over 16 years. The move has sparked a substantial wave of criticism, predominantly from the crypto community. The Independent reported that Gene X. Hwang, co-founder of photo firm…
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Although some consider the second quarter of 2023 a lost quarter, others find that the smart contracts industry remains resilient. Even though the crypto space suffered from lower investments from venture capital firms, developers continue to deploy smart contracts, signaling a growing demand for blockchain-based solutions. In its Q2 report for 2023,…
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As the Screen Actors Guild‐American Federation of Television and Radio Artists/Writers Guild of America (SAG-AFTRA/WGA) strike over the use of artificial intelligence (AI) in film and TV production enters its second week, Netflix is advertising for AI developers to fill Product Manager and Technical Director positions within its R&D Labs and…
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In a significant move for the digital asset ecosystem, the House Financial Services Committee passed the ‘FIT for the 21st Century Act,’ officially titled the “Financial Innovation and Technology for the 21st Century Act” on July 26. Quick Take The bill, sponsored by Rep. French Hill, sets up rules for…
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The social media platform formerly known as Twitter began its metamorphosis from its iconic blue bird, tweet-centric operations, to its new form as ‘X’ on July 24. X has replaced its bird logo with a simple white X, along with a color scheme shift from the trademark sky-blue to black…
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What is CryptoSlate Alpha? A web3 membership designed to empower you with cutting-edge insights and knowledge. Learn more › Connected to Alpha Welcome! ???? You are connected to CryptoSlate Alpha. To manage your wallet connection, click the button below. Oops…you must lock a minimum of 20,000 ACS If you don’t…
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Global investment giant BlackRock is expanding its reach in India with a partnership targeting the launch of the “digital-first offering” in India. BlackRock on July 26 officially announced a joint investment project with Jio Financial Services (JFS), an arm of Indian tycoon Mukesh Ambani’s Reliance Industries, India’s most-valued firm. The…
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During the Q2 Earnings Call, Meta CEO Mark Zuckerberg outlined the company’s commitment to its metaverse vision and artificial intelligence (AI). Zuckerberg stated, “The two technological waves that we’re riding are AI in the near term and the metaverse over the longer term.” Further, the company’s investments in AI have…
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Amid discussions around the falling interest in Worldcoin —the blockchain project dedicated to building a user identity network — its co-founder Sam Altman shared a video that shows people in Japan lined up to give away their iris scans in exchange for “free” Worldcoin (WLD) tokens. A video shared by Altman shows…