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In brief Panic banned AI-generated art, music, and writing from its Playdate handheld console’s Catalog storefront. The company will continue allowing AI coding tools like GitHub Copilot with required disclosure. The policy change followed controversy over the release of a game that used ChatGPT. Panic, maker of the Playdate handheld gaming console, announced a ban on AI-generated art, music, and writing from its digital storefront while maintaining allowances for AI-powered coding tools.The policy creates a clear distinction between creative and technical AI applications. Panic’s updated terms now prohibit any third-party game submissions containing AI-generated creative content, while developers using AI…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Bitcoin’s (BTC) recent rebound has already made headlines, but the latest swings are making one question impossible to ignore: Is the April rally running out of steam, or is it simply taking a breather before the next push higher? After clearing the $78,000 level for the first time in more than two months last Friday, BTC has since traded with noticeable turbulence, slipping back to just above $76,000 by Monday amid renewed geopolitical uncertainty. Why BTC’s Direction Hinges On Wednesday In his latest analysis, market expert Sam…
In brief New York Assembly member Alex Bores has proposed an “AI Dividend” tied to AI-driven job displacement. Payments would activate if indicators show falling labor participation or rising productivity without job growth. The policy however does not mention how much each American would receive or how often. As industry experts continue to warn that artificial intelligence could disrupt the global labor market, Alex Bores, a Democratic member of the New York State Assembly who is running for the U.S. Congress, has proposed an “AI Dividend”—a policy that would provide payments to Americans if the technology significantly reduces employment.Bores announced…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure The BIS General Manager has said that existing stablecoins fall short of the requirements for a widely accepted and used payment instrument. Stablecoins Remain A “Niche” Payment Instrument Pablo Hernández de Cos, General Manager at the Bank for International Settlements (BIS), spoke on the topic of stablecoins at a Bank of Japan seminar in Tokyo on Monday. The BIS is an international financial institution that serves as a bank for central banks. It’s owned by constituent central banks, of which there are 63 in total at the…
In brief Bitcoin funds led with $1.12 billion in weekly inflows as BTC cleared two-month highs, hitting $77,900 last week amid an improving geopolitical outlook. Ethereum products also saw their strongest week since January with $328 million inflows, while XRP and Solana bled $58 million combined. Switzerland posted $138 million outflows, a sharp divergence from the U.S.-led risk-on tone. Crypto investment products posted their strongest weekly inflows since January, adding $1.4 billion as Bitcoin broke out of a two-month trading range amid ceasefire optimism and cooling inflation data.Digital asset funds saw their third consecutive week of positive flows, with total assets…
In brief Reabold Resources is “exploring the potential” to use its new gas field site to power a Bitcoin mining operation. The firm initially received pushback after The Telegraph reported it would mine Bitcoin instead of contributing to U.K. energy needs. Shares in the firm, which traded on the London Stock Exchange, jumped more than 7% on Monday. Reabold Resources, a U.K.-based energy firm with a focus on oil and gas, told investors that it is “exploring the potential” to mine Bitcoin with a small-scale power generation facility in Yorkshire—though its tone softened following initial pushback to the idea.”A private…
Bitcoin price traded above $76,500 today, holding onto recent gains despite rising geopolitical tension. Bitcoin fell back toward $75,000 into the weekly close and over the weekend as renewed tension between the United States and Iran rattled markets and refocused attention on oil prices. The pullback followed a failed breakout above $78,000, which had marked Bitcoin’s highest level in ten weeks. The move higher came after a brief easing in geopolitical risk, when Iran signaled the Strait of Hormuz was open. That shift sent crude lower and lifted risk assets, including crypto. The rally reversed once reports emerged that the…
In brief Palantir posted a thread on Saturday summarizing ideas from The Technological Republic, a 2025 book by CEO Alex Karp and executive Nicholas Zamiska. The post argues that artificial intelligence will define the next era of military deterrence and that Silicon Valley has a responsibility to support national defense. Academics and commentators warned that the message promotes a militarized vision of AI and closer ties between technology firms and the defense sector. Palantir reignited debate over the role of artificial intelligence in warfare in a weekend social media thread on X, drawing criticism for promoting a vision of AI-driven…
Alcoa is in talks to sell its idle Massena East aluminum smelter in upstate New York to bitcoin mining firm NYDIG, according to comments from Alcoa chief executive Bill Oplinger in a Bloomberg interview. The Massena East site sits along the St. Lawrence River and has been out of operation since 2014. The closure followed sustained pressure from high energy costs and global competition that reduced domestic aluminum production. The facility spans about 1,300 acres and contains heavy electrical infrastructure built for continuous industrial use. Alcoa is pursuing a broader plan to divest a group of idle US smelter assets.…
In brief Prediction markets show low confidence in a near-term recovery in the oil markets. Despite a ceasefire, shipping disruptions persist in the Strait of Hormuz due to security risks. Traders are increasingly betting on prolonged instability, with markets pricing higher oil prices and only gradual normalization into late May or June. The world’s most important oil chokepoint has been effectively shut (with some hiccups here and there) since late February, and traders aren’t expecting it to return to normal anytime soon.Traders on the prediction market Polymarket place odds at just 28% that shipping traffic returns to normal to the…
In brief AI-generated tracks now represent 44% of all new music uploaded daily to Deezer’s platform, the firm said. The streaming service receives nearly 75,000 AI-generated tracks per day, totaling over 2 million each month. However, AI music accounts for only 1-3% of total streams on the platform—and a majority of the streams are demonetized due to detected fraud. French music streaming service Deezer said Monday that AI-generated tracks now represent 44% of all new daily uploads, with the platform receiving nearly 75,000 artificial tracks per day. However, there are few real listeners, with most of the AI music streams…
Make CryptoSlate preferred on Tehran is fighting a new price signal in publicMohammad Bagher Ghalibaf chose a strange phrase for a dangerous moment. In the middle of a live crisis around the Strait of Hormuz, Iran’s parliament speaker mocked “vibe-trading digital oil” and took a swipe at US Treasuries as well, turning a market argument into part of a wartime message campaign.The immediate surface read is easy enough. A senior Iranian official wanted to ridicule speculative pricing and frame physical oil as the real thing.The deeper significance sits somewhere else. A state actor in the middle of a regional conflict…
In brief The NSA is deploying Claude Mythos Preview despite the Pentagon—which oversees the agency—designating Anthropic a supply-chain risk in March, per a report. Anthropic CEO Dario Amodei met with White House Chief of Staff Susie Wiles and Treasury Secretary Scott Bessent on April 17, with both sides calling the discussions “productive.” An administration source told Axios that every federal agency except the Department of Defense wants access to Anthropic’s AI tools. The National Security Agency is running Anthropic’s Claude Mythos Preview inside its classified networks, according to two sources cited by Axios—a surprising development given that the NSA falls…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure A crypto analyst has mapped out over a dozen price levels where Bitcoin (BTC) could find support if selling pressure picks up. The analysis covers a wide range of potential landing spots, from above $70,000 to deep into the $30,000 range. According to the analyst, the cryptocurrency’s overall outlook remains bullish, with every dip treated as a potential trigger for a fresh rally unless BTC reaches a level where its structure could completely break down. Analyst Identifies Key Bitcoin Rebound Zones A crypto analyst identified as “Swarmik”…
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