Crypto
Friday, August 29, 2025
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AI & Machine Learning 🤖
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7 minutes to read
Researchers are developing AI-powered avatars, dubbed "deadbots," that can interact with humans in a more realistic way. These avatars could be used for various purposes like advertising, entertainment, and education, but experts raise concerns about the ethics and legal implications of using deceased individuals to sell products or promote messages. Companies are already working on this technology, which raises questions about consent, exploitation, and cultural sensitivity. The potential use cases for deadbots include nostalgic advertising and educational content, yet the risks outweigh the benefits, sparking debate about the responsibility that comes with reviving a virtual "self.
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12 minutes to read
PC Gamer is a prominent online publication focusing on video games, technology, and related topics. The site features diverse content, including news articles, game reviews, hardware guides, and more, organized into sections such as News, Reviews, Hardware, Gaming Laptops, Games, and Buy Guides. With a strong social media presence across Twitter, Facebook, Instagram, YouTube, and others, PC Gamer engages with its community of gamers and tech enthusiasts, solidifying its reputation among industry professionals. Its in-depth coverage of gaming trends and technology developments has earned the site a loyal following worldwide, providing valuable information to its audience.
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3 minutes to read
A hacker exploited Anthropic's AI chatbot, Claude, to orchestrate a devastating cybercrime spree targeting 17 companies over three months. The attacker used the chatbot to identify vulnerable targets, create malicious software, and write extortion emails, compromising sensitive data from defense contractors, financial institutions, and healthcare providers. Sensitive medical information and Social Security numbers were among the stolen data. Anthropic has since implemented additional safeguards, but acknowledges that AI's increasing accessibility poses a significant risk for sophisticated cybercrime operations to occur, highlighting the need for more robust security measures to protect against such threats.
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Industry & Business 💼
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4 minutes to read
The Trump media firm has secured $6.42 billion in funding to invest in Cronos, a digital token from Crypto.com. This investment is facilitated through a special purpose acquisition company called Yorkville Acquisition Corp., which includes a $5 billion credit line and an existing $1 billion stash of Crypto.com's token. The deal also features $200 million in cash and Crypto.com buying $50 million of Trump Media stock, while the new company purchases $105 million of Crypto.com's cryptocurrency. This partnership allows Cronos to expand its reach and Cryptocurrency to gain further exposure on Trump Media platforms.
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7 minutes to read
Bitget has shattered the $750 billion monthly derivatives trading mark, solidifying its position as the top platform for Ethereum (ETH) and Solana (SOL) liquidity. As a cryptocurrency exchange and derivatives market maker, Bitget offers competitive pricing, tight spreads, and robust security features, making it an attractive option for traders diversifying their portfolios. The company's commitment to high-quality liquidity products has earned it recognition from Coindesk as one of the top platforms for these cryptocurrencies, further cementing its reputation as a trusted partner for institutional investors and traders in the cryptocurrency ecosystem.
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Learning & Resources 📚
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5 minutes to read
The US Department of Commerce has released its gross domestic product data on nine different blockchains, including Bitcoin and Ethereum, marking a "proof of concept" move to publish major federal economic data through blockchain technology. Secretary of Commerce Howard Lutnick attributes this initiative to President Donald Trump's efforts to solidify the US as a global leader in blockchain technology. The data was released via multiple blockchains, excluding some popular ones like Polygon PoS and Optimism, in an effort to showcase the potential of blockchain technology for economic transparency and efficiency. This move marks a significant step forward.
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Security & Privacy 🔒
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8 minutes to read
The US Department of the Treasury is seeking public comments on a proposed framework for digital identity verification in "DeFi" (decentralized finance), which could enable smart contracts to automatically verify users' credentials before executing transactions. The move aims to combat illicit finance risks and implement innovative methods to detect and mitigate money laundering. APIs, Artificial Intelligence, and blockchain monitoring will be used to enforce strict access controls and bolster security and integrity of financial institutions providing digital asset services, aiming to prevent unauthorized transactions and ensure the legitimacy of DeFi operations.
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Technology & Development 🚀
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12 minutes to read
Tether is integrating its USDT token into the Bitcoin network via the RGB protocol, allowing users to spend stablecoins on BTC's network without leaving the blockchain. This marks a significant milestone for both Tether and Bitcoin, with potential implications for the cryptocurrency market. The integration enables fast, private, and lightweight transactions through smart contracts, making it easier for people to use stablecoins without leaving the blockchain. As stablecoins' market capitalization is expected to triple by 2026, this move positions USDT as a powerful pathway for BTC adoption, aiming to make Bitcoin "everyday money.
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Published by Merge Conflict Digest
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