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'Snow Crash' Author Neal Stephenson Weighs in on ChatGPT, AI
"Snow Crash" author Neal Stephenson, who coined the term "metaverse" and "avatar" in 1992, shares his thoughts on artificial intelligence (AI) and whether there should be boundaries on the technology. "Mostly what we've tended to see is its use in creative applications, which I don't think is at all interesting," Stephenson said.
Bitcoin's Long Liquidations Surge as Prices Slide
Exchanges liquidated longs, or bullish bitcoin futures, worth over $62 million during Asian hours, according to data from Glassnode. That's the highest amount since August. Forex.com Global Head of Research Matt Weller provides his analysis.
U.S. Lawmakers Argue SEC Accounting Policy Undermines Safe Crypto Custody
U.S. Rep. Patrick McHenry (R-N.C.) and Sen. Cynthia Lummis (R-Wyo.) are questioning government policies controlling how financial firms handle their accounting for cryptocurrency. CoinDesk Global Policy & Regulation Managing Editor Nikhilesh De breaks down their letter to the regulators. Plus, the latest on Voyager's bankruptcy hearings.
Mass Adoption of Virtual Experiences ‘Already Happened’: Author Neal Stephenson
"Snow Crash" author Neal Stephenson, who coined the term “metaverse,” discusses the state of adoption of virtual experiences with reference to developments in the gaming industry.
Ethereum’s Shanghai Upgrade's Impact on Ether Price
Crypto markets are eagerly anticipating the Shanghai tech upgrade, the next major development scheduled for April, since last year's Merge. Forex.com Global Head of Research Matt Weller shares insights into ETH's supply and the outlook for Ethereum ahead of Shanghai. "What the market hasn't made a jump to yet is... Ethereum already hit its peak ETH supply," Weller said.
Bitcoin, Ether Fall as Market Continues To Digest Silvergate
Bitcoin (BTC), ether (ETH) and most other major cryptocurrencies are sinking as customers fled crypto bank Silvergate. Forex.com Global Head of Research Matt Weller discusses the reaction from the broader crypto market and his outlook on Ethereum ahead of the Shanghai upgrade. Plus, why bitcoin long liquidations hit the highest level since August, according to Glassnode data.
SEC Chair Gensler Says Crypto Exchanges May Not Be ‘Qualified Custodians’
U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler pushed back on the idea that crypto exchanges could be safe, qualified custodians for investment advisers. CoinDesk Global Policy & Regulation Managing Editor Nikhilesh De discusses the developments.
Web3 Music Streaming Platform Audius Adds TikTok Support
Web3 music streaming platform Audius is adding support for the popular social media platform TikTok. Audius Co-founder and CEO Roneil Rumburg shares insights into the integration, what this means for artists, and the importance of user privacy protection.
Sotheby’s Auctions Neal Stephenson’s ‘Snow Crash’ Manuscript
Sotheby’s is auctioning off the original manuscript for “Snow Crash,” Neal Stephenson’s landmark 1992 science fiction book that coined the terms “metaverse” and “avatar." Author Neal Stephenson joins Sotheby's Head of Sale Cassandra Hatton on "First Mover" to discuss the details of the auction and Sotheby's move into the digital art space. Plus, Stephenson shares his insights on developments in the metaverse and his thoughts on artificial intelligence (AI).
Ordinals NFTs Could Make Stacks’ STX a Multibillion-Dollar Token: Matrixport
Ordinals' non-fungible tokens (NFT) have the potential to push Stacks Network's STX into a billion-dollar token, Matrixport said in a recent research report. The firm's Head of Research and Strategy Markus Thielen joins "First Mover" to discuss and weigh in on the hype around Ordinals protocol.