Author: Crypto Flexs

Jorg Hiller 26 Sep 2024 17:22 Runway launches The Hundred Film Fund, which will provide up to $5 million in funding to support AI-augmented film projects, with the potential to grow to $10 million. Runway, a leading innovator in AI technology, has announced The Hundred Film Fund, a new initiative designed to support creative professionals working on AI-augmented film projects. According to runwayml.com, the fund is currently at $5 million with the potential to grow to $10 million. Funding Details and Application Process The Hundred Film Fund is open to all film formats, including…

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Dogwifhat (WIF) has risen 10% in the last 24 hours, reaching a high of $2.20. The market cap has recovered across the board, surpassing $2 billion for the first time in seven weeks. WIF flipped a major resistance level on September 24 after the token rallied above $1.96. The price action is currently gaining a bullish trend, with memecoin targeting the next resistance level of $2.85.Dogwifhat 1-day chart. Source: TradingViewDogwifhat leads memecoin rally, but holder growth slowsThe Mimecoin market cap is now up 6.8% over the last 24 hours, surpassing $51 billion and recovering to levels prior to the August…

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ASI Alliance founder Ben Goertzel says the alpha version of OpenCog Hyperon, an artificial general intelligence system he’s been developing for more than two decades, is already somewhat “self-aware.” Goertzel also told the magazine that OpenAI was likely reluctant to build its “very impressive” new o1 model into an autonomous agent because it was afraid it would be seen as “risky and dangerous” and would trigger a crackdown from regulators.In March of this year, the Artificial Superintelligence Coalition was formed by Gortzel’s SingularityNET project, Ocean Protocol, and DeepMind veteran Humayun Sheikh’s FetchAI.This week, 96% of CUDOS voters approved the merger…

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Colocation service provider Revolve Labs has withdrawn its application to build a Bitcoin mining facility outside the rural southwestern Minnesota town of Windham after residents raised concerns about noise and the impact on home values.The decision was made in response to feedback the company received, the Minnesota Star Tribune, a local newspaper, reported Wednesday. “Our commitment is to operate in a way that aligns with the values ​​and priorities of our community, and we know that collaboration is essential to achieving that,” Jeff St. Onge, Revolve Labs’ senior operations manager, told the outlet.According to the report, Revolve Labs, which rebranded…

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Bitcoin offers an alternative way to purchase goods and services, but most countries do not consider it a legal tender, and the economic impact of becoming a primary payment option is uncertain. Only two countries have adopted Bitcoin (BTC) as their legal currency. El Salvador became the first country in the world to adopt Bitcoin in September 2021, and the Central African Republic followed suit in 2022. According to the Naive Bukele Portfolio Tracker website, El Salvador’s cryptocurrency vaults generated $58 million in profits. The World Bank Group said the country’s economy is showing signs of improvement after 2021, thanks…

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Simon’s Cat (CAT), inspired by the YouTube cartoon series, launched a month ago. BNB-based CAT has gained about 250% since its listing on KuCoin. The project’s description claims to be related to the show’s writers. Simon’s Cat (CAT), the chubby cartoon character from the British animated series of the same name, entered the blockchain space a month ago. The always hungry cat became a meme thanks to creator Simon Tofield, and the YouTube series has garnered over 1.6 billion views on Simon’s Cat’s official YouTube channel.CAT Continues Its Exploration into On-Chain FoodThe CAT coin first saw an uptrend on August…

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Timothy Morano 26 Sep 2024 13:02 After the Federal Reserve cut interest rates by 0.5%, Bitcoin recovered its short-term cost of ownership benchmark to around $61.9k. According to Glassnode Insights, Bitcoin (BTC) has recovered its short-term holding cost base of around $61.9k after the Federal Reserve’s 0.5% rate cut. This rally could make technical sense if the price remains above the 200-day moving average at $63.9k.summationBitcoin’s recent price action has somewhat relieved the pressure on short-term holders who were under pressure due to net capital outflows. New investors are showing resilience and realized losses…

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Vilnius, Lithuania, September 26, 2024, Chainwire Cryptocurrency exchange BITmarkets has released its year-end update of its cryptocurrency research on the game changers in cryptocurrencies in 2024, titled “Crypto Game Changers Revisited.” Among the listed assets that include cryptocurrencies and other digital assets that have the potential to change the crypto world as we know it, one rising star is Sui. Sui is a blockchain token that is gaining popularity and importance within decentralized finance (DeFi) applications and technologies. “Sui’s continuous innovation and strategic partnerships have established it as a leader in the DeFi space. With low transaction fees, high-speed performance,…

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Hong Kong regulators are said to be close to approving staking functionality for spot Ethereum exchange-traded funds (ETFs), a development that comes as the region continues its efforts to establish itself as a crypto hub. Andrew Branes, Vice President and Head of International Business at Blockdaemon, spoke about this possible approval in a recent interview with Token2049 in Singapore. Branesi said Blockdaemon has been actively working with Hong Kong spot cryptocurrency ETF issuers to devise staking solutions that meet regulatory requirements. Progress on Ethereum Spot ETF in Hong Kong Vranjes expressed optimism about progress, saying regulators could allow staking within…

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On September 25, BlackRock, the world’s largest asset manager, attracted $184.4 million in inflows into its spot Bitcoin exchange-traded fund (ETF). This was the highest daily inflow for any fund in September, a month generally considered bearish for Bitcoin (BTC).According to Farside data, the Bitwise Bitcoin ETF (BITB) was the only fund to see inflows of $2.1 million on September 25, while the Fidelity Wise Bitcoin Origin Fund (FBTC) and the Ark 21Shares Bitcoin ETF (ARKB) experienced outflows of $33.2 million and $47.4 million, respectively.BlackRock Daily Inflows Surpass $100 Million for First Time in SeptemberBlackRock’s iShares Bitcoin Trust (IBIT) surpassed…

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