Cointime

Download App
iOS & Android

JUST IN

Apple Halts Rollout of AI Features in Europe Due to Regulatory Uncertainties

Apple has announced that it will not be rolling out its suite of AI tools, branded as "Apple Intelligence," in the European Union due to regulatory uncertainties brought about by the Digital Markets Act (DMA). The DMA targets large digital platforms and aims to ensure fair and competitive digital markets. Violating the act could result in fines of up to 10% of the offending company's worldwide annual revenue. Apple said it is concerned that the interoperability requirements of the DMA could force it to compromise the integrity of its products in ways that risk user privacy and data security.

Winklevoss Twins to Donate $1 Million Each in Bitcoin to Support Trump's 2024 Campaign

Billionaire cryptocurrency industry leaders, the Winklevoss twins, have pledged to donate $1 million worth of bitcoin each to support Donald Trump's 2024 campaign. The twins cited Trump's pro-crypto and pro-business stance as reasons for their support, while also criticizing the Biden administration for its alleged "war against crypto." The donations are expected to go to the Trump 47 Committee, which may divide the amount to comply with federal legal limits for campaign donations. Additionally, Tyler Winklevoss accused the Biden administration of attacking American businesses and their success.

In the document head, a script for HLS was added with the "defer" and "type" attributes, and an error message will appear if there are issues with the fetch operation. An element's class attribute is removed and its ID is set using a unique ID generated. A player is rendered with specific IDs after an image is loaded from a URL.

Brian Dixon of Off The Chain Capital discusses factors behind recent crypto pullback on CNBC Crypto World

CNBC Crypto World offers up-to-date news and daily trading updates from the digital currency markets. The show also includes high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. In today's episode, Brian Dixon from Off The Chain Capital talks about the reasons behind the recent pullback of bitcoin and other cryptocurrencies.

Gemini Executives Tyler and Cameron Winklevoss Donate $1 Million Each to Trump Campaign

Gemini executives Tyler and Cameron Winklevoss announced that they each donated $1 million to former President Donald Trump's campaign. The brothers had previously donated a total of $2.7 million to 2024 US campaigns, mostly to the industry's super PAC, Fairshake. Tyler Winklevoss explained that their support for Trump was due to their opposition to President Joe Biden's administration's treatment of the crypto industry. The money was donated in the form of bitcoin and went to the Trump 47 Committee Inc., which may divide the amount to comply with legal limits for campaign contributions.

Hybrid Launches Testnet to Showcase AI and Blockchain Integration

Hybrid has launched its testnet, which is compatible with the Ethereum Virtual Machine (EVM) and designed for creating advanced AI Agents. The testnet aims to enhance user experience and assess the platform's capabilities by introducing various functionalities, including seamless token transfers across chains via token bridging and interaction with Atlas, Hybrid's AI Agent. Users can obtain test tokens through the faucet and explore Atlas, which offers data insights and user engagement by integrating on-chain data and Web3 news. The testnet serves as a crucial phase in refining the platform and preparing for its mainnet launch, where users will be able to create their own AI Agents.

Bitcoin and Ether Experience Significant Declines in Asian Trading Hours

Bitcoin and Ether experienced significant declines in Asian trading hours on Tuesday due to profit-taking and outflows from US-listed Bitcoin ETFs, which impacted bullish sentiment. Dogecoin and Solana's SOL led the losses, with both tokens losing as much as 9% in the past 24 hours. The CoinDesk 20 index, a liquid index of the largest tokens, minus stablecoins, is down 4.2%. Analysts warn of generally bearish sentiment, with a loss of nearly 1.5% since the start of the day on Monday making them wary of the near-term performance of altcoins.

Prediction Markets Skeptical of Biden-Trump Handshake at 2024 Presidential Debate, Polymarket Bettors Give 14% Chance of Cryptocurrency Donations, and Manifold Forecasters Predict Guardian Correction on Sam Bankman-Fried and "Scientific Racism" Article

Prediction markets indicate that the chances of a handshake between Donald Trump and Joe Biden during the first in-person presidential debate in the 2024 election cycle are low. The absence of this traditional gesture during the 2020 debate cycle was due to Covid protocols. Polymarket bettors give a 32% chance of a handshake occurring. The Guardian is predicted to correct at least one factual statement in an article linking prediction markets to convicted fraudster Sam Bankman-Fried and "scientific racism" with an 84% chance according to Manifold forecasters. The Edmonton Oilers won a major victory in the fourth game of the Stanley Cup finals, but prediction markets still favor the Florida Panthers to win with a 90% chance of victory.

Wu-Tang Clan's Once Upon a Time in Shaolin album now available as NFT for at least $1

The Wu-Tang Clan's album "Once Upon a Time in Shaolin" is now available to the public as an NFT through PleasrDAO. The digital art collective purchased the album for $4 million in 2021 after it was seized from Martin Shkreli, who bought it for $2 million in 2015. The NFT purchase allows fans to partially own the album and reduces the 88-year waiting period for its public release by 88 seconds for every dollar received. PleasrDAO aims to democratize art access and preserve the artist's vision while making it accessible to a wider audience. Legal proceedings have been initiated against Shkreli for unauthorized reproduction and public performance of the album.

Nigerian Comedian Sabinus Launches Sabicoin on Solana Blockchain

Nigerian comedian and content creator Sabinus has entered the cryptocurrency market by launching his own digital currency, Sabicoin, on the Solana blockchain. This move reflects a growing trend of celebrities exploring the digital currency space. Sabinus aims to engage his fans and supporters in a unique way by offering them the opportunity to invest in and interact with his brand directly through cryptocurrency. While celebrity-driven cryptocurrencies offer potential opportunities for revenue and fan engagement, they also raise questions about stability and long-term viability in the volatile cryptocurrency market.

Two Men Charged with Operating Darknet Marketplace Empire Market and Processing $430 Million in Transactions

Two men, Thomas Pavey and Raheim Hamilton, have been charged by federal prosecutors in Illinois for owning and operating a darknet marketplace called Empire Market. The site allowed users to anonymously purchase illegal goods and services using cryptocurrency, and processed $430 million in transactions from 2018 to 2020. Pavey and Hamilton were already in custody for separate charges related to counterfeit currency on another darknet market, AlphaBay. The new charges against them include drug trafficking, computer fraud, access device fraud, counterfeiting, and money laundering, with a maximum sentence of life in prison. $75 million in cryptocurrency, as well as cash and precious metals, were seized during the investigation.