Archive for the ‘blockchains’ category

Aug 18, 2023

Buyers of Bored Ape NFTs sue after digital apes turn out to be bad investment

Posted by in category: blockchains

The Sotheby’s auction house has been named as a defendant in a lawsuit filed by investors who regret buying Bored Ape Yacht Club NFTs that sold for highly inflated prices during the NFT craze in 2021. A Sotheby’s auction duped investors by giving the Bored Ape NFTs “an air of legitimacy… to generate investors’ interest and hype around the Bored Ape brand,” the class-action lawsuit claims.

The boost to Bored Ape NFT prices provided by the auction “was rooted in deception,” said the lawsuit filed in US District Court for the Central District of California. It wasn’t revealed at the time of the auction that the buyer was the now-disgraced FTX, the lawsuit said.

“Sotheby’s representations that the undisclosed buyer was a ‘traditional’ collector had misleadingly created the impression that the market for BAYC NFTs had crossed over to a mainstream audience,” the lawsuit claimed. Lawsuit plaintiffs say that harmed investors bought the NFTs “with a reasonable expectation of profit from owning them.”

Aug 16, 2023

The computer scientist who hunts for costly bugs in crypto code

Posted by in categories: blockchains, computing

Programming errors on the blockchain can mean $100 million lost in the blink of an eye. Ronghui Gu and his company CertiK are trying to help.

Jul 31, 2023

Legionarii — The State

Posted by in categories: blockchains, evolution

A brave new world metropolis.

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Jul 18, 2023

The Future Of Personally Identifiable Information And Health Data

Posted by in categories: blockchains, health

4. Embrace Decentralized Solutions: Start exploring decentralized technologies like blockchain and decentralized storage solutions. Understand how they can empower you as the custodian of your data by reducing reliance on third-party intermediaries. Research and adopt decentralized platforms that align with your data ownership goals.

5. Stay Informed About Tokenization: Familiarize yourself with the concept of tokenization and how it can impact data ownership. Learn about the potential benefits and risks of tokenizing your data, and evaluate whether it aligns with your objectives. Stay updated on emerging tokenization platforms or data marketplaces that offer opportunities to securely monetize or share your data.

The road to personal data ownership is a bold, significant step forward, but it represents a necessary departure from the status quo. As we move toward a future powered by data-driven insights, the empowerment of individuals as the gatekeepers of their digital selves will become increasingly important to balance the scales between privacy and progress.

Jul 13, 2023

Warning To Californians: ‘Shocking New Income Redistribution Scheme’ Coming Ripped By Steve Forbes

Posted by in categories: blockchains, energy

Steve Forbes slams a new electricity billing scheme in California that will use residents’ incomes in part to determine how much is charged.

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Jun 12, 2023

Ben Goertzel — 2021 Reflection and Update on SNET, Ecosystem and Path to AGI

Posted by in categories: blockchains, information science, robotics/AI, singularity

Dr. Ben Goertzel shares his thoughts on where we are at the end of 2021, beginning of 2022 — how progress toward AGI looks in retrospect, and looking into the future — updates on the ecosystem…

And the importance of the SingularityNET Community 🥰

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Jun 9, 2023

Scientists propose quantum proof-of-work consensus for blockchain

Posted by in categories: blockchains, computing, particle physics, quantum physics

Boson sampling was once considered a problem looking for a solution. Now, it might be the bridge that brings quantum computing to the blockchain.

May 27, 2023

OpenAI’s Sam Altman raises $115 million for Worldcoin crypto project

Posted by in categories: blockchains, cryptocurrencies, robotics/AI

May 25 (Reuters) — OpenAI Chief Executive Sam Altman has raised $115 million in a Series C funding round led by Blockchain Capital for a cryptocurrency project he co-founded.

The project, Worldcoin, aims to distribute a crypto token to people “just for being a unique individual”. The project uses a device to scan irises to confirm their identity, after which they are given the tokens for free.

Worldcoin has faced criticism for perceived privacy risks. In response to Altman’s tweet introducing the project in 2021, former U.S. intelligence contractor Edward Snowden tweeted, “Don’t catalogue eyeballs”.

May 24, 2023

Solana blockchain integrates ChatGPT plugin, launches AI accelerator

Posted by in categories: blockchains, robotics/AI

Solana co-founder Anatoly Yakovenko says that AI and the ChatGPT plugin will make the Solana blockchain more usable and understandable.

May 9, 2023

What is Web3 and how could it change the internet?

Posted by in categories: blockchains, economics, internet

Web3 is a “decentralized web ecosystem” in which users retain their data. Blockchain-based, it would usher in the era of the “token economy”, say experts.

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