Author: instant-news

Image Source: Twitter / @oncyber Web3 metaverse platform Oncyber has unveiled its AI-powered tool that allows users to customize their virtual environments via text commands. Called Magic Composer, the new tool is powered by OpenAI’s GPT-3.5 model and uses text prompts to implement real-time tweaks to Oncyber’s metaverse platforms, where artists usually showcase their digital assets or NFTs. Oncyber is a multiverse for creators that allows them to display their NFTs in fully immersive 3D experiences. Oncyber supports accessing NFTs from different wallets and different chains such as Ethereum (ETH), Solana (SOL), Polygon (MATIC), and more. A teaser video shows…

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ource: AdobeStock / dvoevnore Microsoft has been quietly testing a built-in non-custodial cryptocurrency wallet for its Edge browser. According to screenshots shared by software researcher Albacore, Microsoft is experimenting with a built-in non-custodial crypto wallet that can be used for crypto payments or as a gateway to DeFi and Web3 applications. The screenshots further depict a user interface for a cryptocurrency wallet, a decentralized application explorer, a news feed, and the ability to buy cryptocurrency through Coinbase and MoonPay. “This is a non-custodial wallet, meaning you are in complete control of your funds. We will not have access to your…

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Image Source: Pixabay Chinese autonomous vehicle startup Pony.ai has introduced its driverless robotaxi service in Shenzhen. On Monday, the autonomous vehicle technology company revealed that it has received a permit in Shenzhen to conduct robotaxi services without an onboard safety officer in the city’s core areas, according to a report by CnEVPost. Pony.ai was founded in late 2016, and since then has established research and development (R&D) centers in Silicon Valley, Guangzhou, Beijing, and Shanghai, and is running robotaxi operations locally. The company launched the robotaxi app PonyPilot in December 2018, and in November 2020, it secured a permit to operate the…

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Image Source: iStock The Federal Bureau of Investigation has issued a stark warning about the growing threat of “deepfakes” being used in cyber extortion. In a recent report, the FBI said that malicious actors are using deepfakes to manipulate photographs or videos, often obtained from social media accounts or the open internet, and create sexually-themed images that appear authentic. They then circulate these photos on social media or pornographic websites for the purpose of sextortion schemes or to harass the victim. The FBI mentioned that the improvements in the quality, customizability, and accessibility of artificial intelligence-enabled image generators have further contributed to…

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Source: Adobe Bitcoin (BTC) and the broader crypto market held on to their recent gains on Tuesday, with Bitcoin appearing to hold support above the $31,000 level. As of Tuesday at press time, BTC traded just north of $31,000, up 1.2% for the past 24 hours, while Ethereum’s native ETH token was more or less unchanged over the same period, trading at $1,960. Most other major coins were also little changed for the past 24 hours, holding on to their gains from late June. Bitcoin price since May. Source: TradingView On a 7-day basis, the best performer among the top 100 cryptoassets by…

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mage Credit:Pixabay Bitcoin (BTC) remains the top target for institutional investors in the past two weeks as the market continues its uphill form this year. A new report from CoinShares shows Bitcoin’s investment products have attracted $310 million in inflows over 14 days amid skepticism over the approval of the spot BTC ETF by the Securities and Exchange Commission (SEC). According to the report, BTC leads the pack as it recovers from the previous nine weeks of consecutive outflows. While this week’s inflows amounted to $123 million, short-BTC investment products recorded $0.9 million in outflows dragging its negative run to the 10th…

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Source: AdobeStock/24K-Production Brokerage firm Bernstein believes that there is a strong possibility that the US Securities and Exchange Commission will approve a spot Bitcoin (BTC) exchange-traded-funds (ETF). In a research report released on Monday, Bernstein said the SEC is under increasing pressure to greenlight such a product, specifically since the commission has already granted approval for futures-based bitcoin ETFs and leverage-based futures ETFs. The reasoning behind these approvals is that futures pricing comes from regulated exchanges like the CME. However, the SEC remains hesitant about spot Bitcoin ETFs due to concerns about the regulation of spot exchanges such as Coinbase and the potential for price manipulation, according to analysts led…

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Although Bitcoin is still an emerging, volatile asset, billions of dollars worth of BTC tokens are traded every day. The digital currency continues to increase its awareness on a global scale, but how many people use Bitcoin in 2023? In this guide, we examine the numbers meticulously. We use a variety of methods to assess how many people are actively using Bitcoin, including trading volumes, research studies, wallet addresses, daily transactions, and more. How Many People Use Bitcoin in 2023? There is no definitive answer to the question: How many people use Bitcoin? This is because of the pseudonymous nature of the blockchain.…

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Litecoin (LTC) is on track for its first down day in five as the broader cryptocurrency market experiences a decline as US yields and the US dollar strengthen in the wake of strong US data releases that weaken bets against a US recession, and after commentary from Fed speakers casts doubt on the idea that the central bank is finished raising interest rates Source :- Adobe LTC was last down just over 2% on the day and trading just under $92 amid an increase in trading volumes that, according to CoinGecko, topped $1 billion in the last 24 hours.…

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Bitcoin Cash (BCH) has witnessed an extraordinary price surge, soaring by 75% in a mere week. This notable ascent has been accompanied by a substantial inflow of $1.2 billion in trading volume. Bitcoin Cash’s recent remarkable upward trend can largely be attributed to its listing on the EDX exchange. EDX is a trading platform supported by prominent financial institutions such as Fidelity, Schwab, and Citadel. This listing has amplified market interest and spurred a surge in the value of Bitcoin Cash over the past three days, where it experienced a remarkable increase of over 50%. As Bitcoin Cash maintains…

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