Over 75% of Web3 games ‘failed’ in last five years: CoinGecko

More than three-quarters of all blockchain games launched in the last five years are dead in the water, according to a recent study from CoinGecko.Out of 2,817 games launched between 2018 and 2023, which were included in the study, only 690 of them still have a somewhat active player base. ...

Web3 should draw newcomers, not be a ‘money grab from brands’ — Tech CEO

The crypto industry should focus on building blockchain-based solutions everybody can benefit from instead of launching cash grabs for brands, says Amy Peck, CEO of tech-focused consulting firm EndeavourXR.Peck told Cointelegraph at the Lisbon Web Summit that Web3 firms should be build-fir ...

NFT sales volume upward trend to continue, industry execs say

In the weeks leading to November, nonfungible token (NFT) data showed a consistent upward leap in weekly sales. While the volume is still far from its peak in 2021, executives in the industry believe the upward trend will likely continue. On Nov. 6, data published by blockchain analyt ...

China declares stealing digital collections like NFTs liable for criminal theft sentence

The Chinese government released a statement on Nov. 10 declaring that anyone stealing digital collections, such as nonfungible tokens (NFTs), will be subject to theft sentences. It outlines three views on the type of crime that theft of digital collections falls under, the first two c ...

NFT sales jump to $129M, OpenSea layoffs and Elon Musk slams NFTs: Nifty Newsletter

In this week’s newsletter, we dive into the dynamic world of nonfungible tokens (NFTs) and their impact on the digital landscape, as NFT sales have skyrocketed to an impressive $129 million in November, according to data from Nansen. Despite the surge in sales, OpenSea has laid off a substantial ...

NFT sales volume jumps to $129M in November: Data

Nonfungible tokens (NFTs) have seen a steady increase in terms of weekly Ether (ETH) sales volume, according to the blockchain analytics platform Nansen. In a tweet, Nansen highlighted that on the week ending on Oct. 9, NFT sales were at 29,704 ETH, worth around $56 million at current ...

AI and real-world assets gain prominence in investor discussions

As nations make progress in promoting the expansion of the artificial intelligence sector, market data from Santiment indicates an uptick in conversations among investors and traders regarding the potential of real-world assets and artificial intelligence. At the same time, discussions con ...

Fintech, DeFi, GameFi, and more: Web3 startups kick off Cointelegraph Accelerator second cohort

Cointelegraph Accelerator, a startup booster that leverages Cointelegraph’s capabilities as a media and strategic partner, announced its second cohort launching in October 2023 for up-and-coming Web3 startups.Selected from over 1000 startup applications, the 16 participants of the second c ...

Starknet and zkSync buck trend as crypto ecosystems shed devs by 28%

Ethereum layer-2 scaling solutions Starknet and zkSync are among the few platforms to have increased their total monthly active developer counts over the last 12 months, data shows.While Starknet and zkSync only recorded increases of 3% and 6%, respectively, the likes of Ethereum, Polygon ...

Hong Kong’s attitude toward crypto sours after JPEX saga: Survey

Public attitude towards cryptocurrency in Hong Kong has taken a dive following the JPEX crypto exchange scandal, according to the initial findings of a new survey.The survey, conducted by The Hong Kong University of Science and Technology’s business school, was to understand how publ ...

Google requests dismissal of AI data scraping class-action suit

Big Tech player Google is seeking to dismiss a proposed class-action lawsuit that claims it’s violating the privacy and property rights of millions of internet users by scraping data to train its artificial intelligence models. Google filed the motion on Oct. 17 in a California Distri ...

TrueCoin’s third-party vendor breach potentially leaks TUSD user data

Stablecoin TrueUSD (TUSD) announced a potential leak of certain Know Your Customer (KYC) and transaction history data as one of TrueCoin’s third-party vendors got compromised. TrueCoin was the operator of the TUSD stablecoin till July 13, 2023. On Oct. 16, a third-party vendor&r ...

Hong Kong’s Crypto Initiatives Spark Optimism for East Asia’s Cryptocurrency Scene

Recent developments in Hong Kong are poised to breathe new life into the cryptocurrency scene in East Asia. This region has faced significant challenges, primarily due to China's comprehensive ban on cryptocurrency trading activities that have been in place since 2019. However, the tide may be turni ...

Crypto Analytics Firm Nansen Reports Security Breach Affecting 6.8% of Users

Nansen, a well-known crypto and blockchain analytics company, has reported a security breach involving one of its third-party vendors, affecting 6.8% of its users. The breach granted hackers access to admin rights for an account used to provision customer access to the Nansen platform. While Nans ...

Silencio Network Deploys 35,000 Smartphones as Noise Sensors to Combat Global Noise Pollution

The Silencio Network, in collaboration with the Peaq blockchain ecosystem, has deployed over 35,000 smartphones as noise sensors to address global noise pollution. This initiative involves community members contributing noise pollution data and receiving tokenized rewards for their participation. ...

ChatGPT web traffic drops for third consecutive month in August

The popular artificial intelligence (AI) chatbot, ChatGPT, has seen a decrease in user traffic worldwide for the third consecutive month this August, according to data from analytics company Simliarweb. In August, desktop and mobile site traffic to OpenAI’s popular chatbot from visito ...

Decentralized Infura launch within months, Web2 cloud giants may join: Consensys

A decentralized version of Infura will launch by the end of the year, with major Web2 cloud providers set to become part of the network, the chief strategist of ConsenSys says. “We’re looking to launch something later this year, but then there’s going to be what they call ...

Meta’s assault on privacy should serve as a warning against AI

In an increasingly AI-driven world, blockchain could play a critical role in preventing the sins committed by apps like Facebook from becoming widespread and normalized.Artificial intelligence platforms such as ChatGPT and Google’s Bard have entered the mainstream and have already be ...

Worldcoin signs up over 9K users in Argentina in a single day despite criticism

Human ID project Worldcoin signed up over 9,500 users in Argentina in a single day in August, setting a record for single-day signups. To achieve this feat, facilitators onboarded participants at an average rate of less than nine seconds per person, according to an Aug. 31 announcement from the p ...

If Worldcoin can improve the world, why not give it a chance?

All eyes have been on Worldcoin (WLD) since the July 24 launch of its “World ID” system. The issues associated with the launch have been well reported at this juncture. They include possible onboarding security risks along with Worldcoin’s use of biometric data, which is now under investigation b ...

AMPTP Proposal Addresses AI Usage and Data Transparency in Entertainment Industry

The Alliance of Motion Picture and Television Producers (AMPTP) released details of its proposal for striking actors and writers on Aug.22, which included standards for the entertainment industry surrounding the usage of artificial intelligence (AI) and data transparency. Under the proposed condi ...

Generative AI Impact on Jobs: A Closer Look at Automation Potential and Gender Disparities

Generative AI is more likely to complement existing jobs than take over them entirely, though certain roles, such as clerical work, could see more of their tasks automated than others. According to an Aug. 21 Generative AI and Jobs study by the International Labour Organization — a United Nations ...

Dramatic Decline in Bitcoin Ordinals NFT Activity Sparks Concerns

DappRadar has pointed to an “alarming plunge” in Bitcoin Ordinals nonfungible token (NFT) user activity, with trading volumes tanking around a whopping 98% since May. In an Aug. 17 report, DappRadar highlighted its data showing that the total Bitcoin Ordinals sales volume had decreased from peak ...

OpenAI launches web crawler ‘GPTBot’ amid plans for next model: GPT-5

Artificial intelligence firm OpenAI has launched “GPTBot” — its new web crawling tool which it says could potentially be used to improve future ChatGPT models.“Web pages crawled with the GPTBot user agent may potentially be used to improve future models,” Open ...

Zoom updates terms after backlash, won’t train AI without consent

Video-conferencing platform Zoom has updated its terms of service after widespread backlash over a section concerning AI data scraping, clarifying that it won’t use user content to train AI without consent. In an Aug. 7 post, Zoom said its terms of service were updated to further con ...

India House passes bill to ease Big Tech data compliance

The lower house of India’s parliament voted in approval of a bill that would ease data compliance regulations for Big Tech companies on Aug. 7, according to a report from Bloomberg. The Digital Personal Data Protection Bill 2023 would ease storage, processing and transfer standards fo ...

Decentralized Web3 data service taps ZK-proofs for tamper-proof SQL queries

Decentralized Web3 data service Space and Time has tapped into zero-knowledge-proof technology to cryptographically verify information queries within its ecosystem.The company’s proprietary Proof of SQL allows the platform to generate a SNARK cryptographic proof of a query within ...

Worldcoin releases audit reports showing resolved security issues

Proof of humanity protocol Worldcoin released its audit reports on July 28 as criticism of its data collection practices continues to mount. The new reports were conducted by security consulting firms Nethermind and Least Authority. According to an accompanying announcement from World ...

French privacy watchdog questions Worldcoin’s data collection method: Report

The French National Commission on Informatics and Liberty (CNIL), France’s data protection agency, is questioning the legality of Worldcoin's data collection methods, according to a Reuters report. In an email to Reuters on July 28, CNIL said: ...

Meta Platforms fined $14 million for Onavo privacy issues: Report

An Australian court has reportedly ordered Meta Platforms, the owner of Facebook, to pay fines amounting to 20 million Australian dollars ($14 million) for collecting user data through a smartphone application, Onavo. According to a Reuters report, Australia’s Federal Court has ordere ...

Stablecoin dominance slides as market cap falls to near 2-year lows: CCData

The market capitalization of stablecoins has hit the lowest level since August 2021 coming on the back of 16 consecutive months of decline, a new report says.Cryptocurrency analytics platform CCData released a report on July 20 saying the stablecoin market cap fell 0.82% from the start of ...

7 most in-demand programming languages to learn

In the ever-evolving landscape of technology, programming languages play a crucial role in shaping the digital world. Aspiring developers and seasoned professionals alike are constantly seeking programming languages that offer both versatility and high demand in the job market. This a ...

Arkham CEO rebuts claims of ‘snitch-to-earn’ program, says it’s to find bad actors

The chief of the startup blockchain intelligence platform Arkham has refuted claims by the crypto community that its new “Intel Exchange” is a “snitch-to-earn” or “dox-to-earn” system.On a July 11 Twitter Space, Arkham CEO Miguel Morel discussed the publ ...

Provider for Meta’s file-storage needs suggests path forward for Web3 data management

Data privacy has come a long way since the widespread use of technology kicked off in the early 2000s. Now, every click, Tweet and Instagram post makes up a personal data footprint that stands shoulder-to-shoulder with people’s fundamental rights as one of the most val ...

Binance, Coinbase and Gemini staff are among the least happy, data suggests

Crypto exchanges including Gemini, Binance and Coinbase are home to some of the least happy employees in the industry, according to data derived from Glassdoor — though some argue the results may be skewed. A quadrant chart by tech recruitment firm TrueUp — understood to have collated data ...

Google updates its privacy policy to allow data scraping for AI training

Google has made updates to its privacy policy that now allow it to take any publicly available data and use it for artificial intelligence (AI) training purposes. The update to the company’s privacy policy came on July 1 and can be compared to previous versions of the policy via a link pub ...

Bitcoin remains ‘primary focus’ for investors amid year highs: CoinShares

Bitcoin (BTC) has been the “primary focus” for institutional investors over the last two weeks, according to Coinshares, as the cryptocurrency continues to hit new prihighs for 2023. In a July 3 report from CoinShares’ Head of Research James Butterfill, the analyst noted ...

5 entry-level machine learning jobs

The area of machine learning, which is quickly expanding, uses statistical methods and data analysis to teach computers how to learn and make predictions or judgements without being explicitly programmed. There is a rising need for employees with entry-level expertise in machine learn ...

Optimism network transactions surged 67% following Bedrock upgrade — Nansen

Transactions on the Optimism network surged 67% following its June 7 “Bedrock” upgrade, according to a June 26 Twitter thread from blockchain analytics firm Nansen. The network had been seeing less than 300,000 transactions per day before the upgrade, but this figure increased to over ...

Here’s what happened to Arbitrum post-airdrop

On-chain analytics firm Nansen released a new report detailing what happened to the Arbitrum network after its popular airdrop event. From sustaining the surge of users and transactions to a decline in new wallets conducting their first transaction, the analytics company analyzed the impact of th ...

Binance CEO Changpeng Zhao denies rumors of selling Bitcoin to bolster BNB

Binance CEO Changpeng “CZ” Zhao has refuted accusations that Binance has been secretly selling Bitcoin (BTC) to artificially stabilize the price of its BNB (BNB) token.The rumors have come from several market commentators, including analyst Dylan LeClair and Swan Bitc ...

Ontario Securities Commission Investigates Binance Despite Exit from Canadian Market

The Ontario Securities Commission (OSC) is investigating the cryptocurrency exchange Binance even after it left the Canadian market. The regulator is trying to get some documents and data from the platform. In mid-May, Binance said ...

JPMorgan Develops IndexGPT, a Neural Network for Various Business Applications

It will be a universal tool from the banking giant It will cover different services and businesses We recently wrote that JPMorgan introduced JPMorgan ChatGPT, a customized version of ChatGPT for tracking market metrics. But the banking giant is not stopping t ...

Fortune Releases Crypto 40 Ranking of Companies Impacting the Crypto Industry

Fortune, the renowned American business magazine, has created the Crypto 40 rating to recognize the 40 companies that have made the most significant impact on the cryptocurrency industry. These organizations have been divided into eight categories, including CeFi, TradFi, NFT, Infrastructure, Ven ...