Blockchain Bandit moves $172M ETH after 2 years of dormancy: ZachXBT
The notorious hacker accumulated 51,000 Ether mostly by guessing weak private keys from 2016 to 2018.
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World’s 3rd Richest Man Denies Involvement in Belgian Crypto Firm
Bernard Arnault, the world’s third richest man, has denied his involvement in setting up a new Belgian crypto trading company Abesix Belgique.Arnault was reported to be a co-founder of Abesix by Belgian business publication De Tijd on Aug. 28. Subsequently after the publication of the article, De Tijd posted an update that Arnault has formally…

Meta unveils AI models that create photorealistic movies with sound
The cherry-picked results are impressive, but the models aren’t available for general testing yet.

Meta signals closure of Novi wallet after a 10-month pilot
Meta’s wallet pilot Novi is set to end in September, with the announcement coming days after Mark Zuckerberg touts Meta Pay on Facebook. 267 Total views 24 Total shares Meta’s first foray into the world of cryptocurrencies is set to end in September with the closure of its Novi wallet pilot project.Novi’s website landing page…

Investors are shelling out six figures for pet rock NFTs
The most expensive EtherRock up for resale is priced at a whopping $1.9 billion. 532 Total views 5 Total shares The latest craze to resurface in the effervescent nonfungible token (NFT) scene is a collection of digital pet rocks from 2017 dubbed EtherRocks.On August 8, a single EtherRock sold for a whopping 45 ETH —…

USDC issuer Circle terminates SPAC merger with Concord
The deal previously valued Circle at $4.5 billion in July 2021 before an upwards revision to $9 billion in February 2022. Own this piece of crypto history Collect this article as NFTAccording to a new press release published on Dec. 5, USD Coin (USDC) issuer Circle announced the mutual termination of its proposed merger with special…

Solana integrates AI into blockchain, raises grants fund to $10M
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Algorithmic stablecoins aren’t really stable, but can the concept redeem itself?
Amid the meteoric rise of decentralized finance in 2020, there was persistent interest in a class of coins popularly dubbed “algorithmic stablecoins.” Some of the more famous ones include Ampleforth (AMPL), Based, Empty Set Dollar (ESD) and Dynamic Set Dollar (DSD).While these tokens are commonly considered algorithmic stablecoins, the teams involved have their own definitions.…

Ava Labs and Amazon’s partnership could “expand the pie” for blockchain
The Amazon Web Services (AWS)-Avalanche “cooperation,” as it was carefully described last week, should almost immediately make it easy for developers to establish nodes on the Avalanche blockchain, including via “one-click node deployment.” Eventually, too, it might make it simpler for everyday businesses — i.e., non-crypto-related enterprises — and even individuals to establish their own subnets…