#will

Casting their gaze five years into the future, investment company Bernstein speculates the stablecoin market will burgeon to a staggering $2.8 trillion. A key catalyst for this boom? The widespread adoption of stablecoins by financial platforms, a trend set to amplify the circulation of these tokens.

Salvator Mundi, attributed to Leonardo da Vinci and famously sold for $450.3 million at Christie’s New York, is set to be transformed into a NFT. The digital tokenization of this controversial artwork, depicting Christ with a crystal orb, will be carried out by ElmonX, a digital assets platform, in collaboration with Bridgeman Images, an international image licensing company. The terms of the NFT sale are scheduled to be revealed on August 12. This initiative follows the successful NFTization of renowned artworks such as Mona Lisa, Van Gogh’s Starry Night, , Auguste Rodin’s The Thinker, and Claude Monet’s Nymphéas, each created in partnership between the two entities. A total of 330 editions of the Mona Lisa were sold for £150.00 each.

According to OpenAI’s blog post, web pages crawled with GPTBot could potentially be utilized to enhance accuracy and expand the capabilities of upcoming iterations of their AI models. A web crawler (web spider), is a type of bot that indexes website content across the internet. Popular search engines like Google and Bing employ web crawlers to enable websites to appear in search results. OpenAI clarified that their web crawler will gather publicly available data from the world wide web while excluding sources with paywalled content, personally identifiable information, or text that violates their policies.

The world's richest individuals sparring on social media is pure entertainment. Zuckerberg proposed August 26 for the showdown, but Musk hasn't fully committed yet. Instead, he mentioned not having time for workouts; hence, he's lifting weights at work. And get this, Musk's combat style of choice is wrestling! Can you imagine the spectacle that would be?! Musk even suggested a charity fundraiser, but Zuckerberg countered by advocating for a "trustworthy" platform, hinting at avoiding X (Twitter). These clever marketing tactics have definitely sparked social media engagement! But will the face-off actually happen? What do you think?

The company's developers are gearing up to release JavaScript libraries tailored to facilitate the transmission of commands and signals to mining hardware. Tether CTO Paolo Ardoino confirmed his direct involvement in the coding process, asserting that this new development will bolster both performance and security.

The decision is driven by the challenging regulatory situation. American clients will be able to purchase cryptocurrency until September 2nd, with a selling prohibition coming into force from October 2nd. Following this, the crypto platform will become completely inaccessible to American users, putting a stop to all digital asset operations, including holding.

Meta, previously recognized as Facebook, is working on crafting chatbots powered by artificial intelligence, each endowed with a unique personality. These bots will be capable of engaging in human-like conversations on a wide array of subjects or even emulate certain characters. The first iterations of these chatbots are slated for an official roll-out in September. Their primary role will be to assist in information retrieval or offer suggestions. Currently, the company has chosen not to offer any comments regarding this development.

Raoul Pal, once at the helm of Goldman Sachs, envisions a steep rise in the global count of cryptocurrency users. He drew parallels between the initial decade of digital assets and internet evolution, leading to the conclusion that the tally of cryptocurrency enthusiasts could hit the 1.2 billion mark by the end of 2025. His projections suggest this number could catapult to a staggering 5.1 billion by 2030. The key drivers in achieving such an extensive digital asset adoption, he believes, will be Central Bank Digital Currencies (CBDCs) and NFTs.

Company’s CTO Paolo Ardoino has shared his excitement about a mobile app designed to facilitate international purchases settlements B2B, B2C and C2C based on USDT and XAUT payments. Notably, the app will also incorporate support for Bitcoin Lightning. Paolo stated that he envisions this app as the future of trade finance. Having personally reviewed the code, his experience as a developer has left him genuinely impressed. Currently, the app is in its testing stages, with more specifics yet to be unveiled.

The cryptocurrency exchange OPNX has tabled an offer to take over crypto lender Hodlnaut, which is undergoing a restructuring plan under the supervision of a Singapore court. OPNX offered $30 million in FLEX to partially offset the creditors’ losses and cover their claims. If the bid is approved by the court and accepted by creditors, OPNX will own a 75% stake in Hodlnaut.

According to Blockstream CEO Adam Back, Bitcoin is set to hit $100,000 before its 2024 halving. He's wagered against a Twitter user, Vikingobbitcoin, who believes it won't happen until 2025. The loser of the bet will owe 1 million sats.

Starting from August 9, PancakeSwap will be distributing a portion of its trading-fee revenue to stakers of CAKE token. Fixed-term CAKE stakers will receive 5% of the trading-fee revenue from all PancakeSwap v3 pairs, which includes the fee tiers of 0.01% and 0.05%. These fee tiers cover 80-90% of PancakeSwap v3 trading volumes.

Arthur Hayes, Maelstrom CIO and ex-BitMEX CEO, argues that AI-powered Decentralized Autonomous Organizations (DAOs) will revolutionize economic entities, making traditional structures obsolete due to their reliance on human labor and state-enforced contracts. He asserts AI DAOs, unfettered by physical forms and therefore state laws, will use smart contracts on public blockchains for self-governance and service provision. Hayes predicts that DAO capital markets will become the first genuinely global markets and decentralized exchanges will naturally monopolize the trading of DAO-issued tokens. Hayes sees a future trillion-dollar AI-powered economy that would significantly boost the value of blockchains like Ethereum.