Meta unveils AI models that create photorealistic movies with sound

Our weekly roundup of news from East Asia curates the industry’s most important developments. China airdrops 180 million digital yuan to celebrate Lunar New Year  According to state-owned media Global Times, Chinese cities airdropped a total of 180 million digital yuan (e-CNY) worth $26.6 million to boost consumption during the Lunar New Year celebrations between…

NFT gaming studio Sky Mavis plans to pursue further expansions in the emerging play-to-earn arena. 932 Total views 23 Total shares Sky Mavis, the studio behind the popular Axie Infinity nonfungible token (NFT) game, has announced a fresh round of funding for the company.In a statement issued on Tuesday, Sky Mavis announced that it had…

Capital flowed into BTC funds for a seventh consecutive week, while ETH products registered their largest gain in 13 weeks. 781 Total views 17 Total shares Inflows into cryptocurrency investment funds rose sharply last week, offering cautious optimism that investors are broadening their exposure to digital assets despite geopolitical uncertainty and monetary tightening from central…

Lightning-enabled Bitcoin ATMs promise to offer instant transaction support and a significant cut in cost from traditional crypto ATMs. 438 Total views 6 Total shares Ho-ho-ho! Get Limited Holiday Trait!Collect this article as an NFTThe Australian city of Coolangatta has got its first Bitcoin (BTC) ATM with integrated Lightning network capabilities. The new ATM has…

Attacker demands ten times the $300,000 bounty offered after apparently laundering a third of the stolen loot. 1822 Total views 10 Total shares A hacker, who on Monday stole $8.3 million from the private wallet of Nexus Mutual CEO Hugh Karp, has sent a ransom demand for $2.66 million in Ether (ETH) embedded in the…

Japanese internet giant Rakuten has begun letting prospective users of its Rakuten Wallet cryptocurrency exchange open accounts, Cointelegraph Japan reported on April 15.Rakuten, which plans to launch the exchange in June, now offers online registration for traders, all of whom need a Rakuten user ID and associated bank account to complete the process.The company took…

Bitcoin (BTC) continues to test $10,000 support after a weekend in which it consolidated after a major drop — what next?Cointelegraph takes a look at the major factors set to influence BTC price action in the coming week. Keiser: U.S. currency index needs to drop below 80The end of last week saw big changes for BTC/USD,…

FTX debtors will pay Emergent $14 million to cover administrative expenses in exchange for the firm withdrawing any claims to $600 million in Robinhood shares and cash.

Bitcoin in 2020 is right between its 2016 and 2012 positions, data shows, as six-month performance sees 2.2 times gains. 4590 Total views 36 Total shares Bitcoin price has more than doubled since its latest block subsidy halving and is now outpacing its last bull run.Data compiled by on-chain monitoring resource ChartsBTC on Nov. 23…