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AI ‘mind uploads’ could allow the dead to trade forever

Becoming a ghost in the machine could have financial benefits, but for who?

The savviest traders in the world could one day allow their expertise and financial portfolios to live on long after they’ve died through the magic of artificial intelligence. 

At least that’s the premise increasingly being pitched by AI enthusiasts and futurists such as Ray Kurzweil and Elon Musk. Other insiders, such as Anthropic AI’s Dario Amodei, believe that the technology necessary to make this possible — called “mind uploading” — will eventually be created, but not within the next decade.

On the other hand, a potential collaboration between OpenAI and the late Eddie Van Halen could serve as an accelerator for that timeline. 

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Bitcoin Technical Analysis: Bulls Poised for Breakout as Price Hovers Near $65K

Bitcoin Technical Analysis: Bulls Poised for Breakout as Price Hovers Near KAs of Oct. 14, 2024, bitcoin (BTC) is trading at $64,905, with its 24-hour range spanning from $62,059 to $64,915. The leading cryptocurrency’s market capitalization sits at $1.28 trillion, while 24-hour trading volume has reached $29.38 billion. Current market data suggests bitcoin is in a consolidation phase just below $65,000, with bullish momentum appearing to […]

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Bitcoin Technical Analysis: Uptrend Intact, But Indicators Warn of Short-Term Correction

Bitcoin Technical Analysis: Uptrend Intact, But Indicators Warn of Short-Term CorrectionBitcoin is trading at prices between $62,856 to $63,016 at press time, with a market cap of $1.24 trillion and a 24-hour trade volume of $23.87 billion. Intraday, prices fluctuated between $62,120 and $63,909, showing signs of consolidation. Despite the overall uptrend, oscillators and moving averages paint a mixed picture, hinting at potential corrections while […]

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Bitcoin Price in South Korea Sees Largest Discount Since October 2023

Bitcoin Price in South Korea Sees Largest Discount Since October 2023According to recent data, the premium for bitcoin in South Korea briefly turned into a discount last week, a rarity since October 2023. While the premium quickly bounced back, it’s still hovering just below 1%. Bitcoin Sees Steep Discount in South Korea, Premium Quickly Rebounds but Stays Below 1% On Sept. 23, bitcoin (BTC) in […]

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Finance traders will be first to spot superintelligent AI — Wharton prof

Ethan Mollick’s commentary sparked speculation from the cryptocurrency community. 

Wharton professor and author of the book “Co-Intelligence: Living and Working with AI,” Ethan Mollick, recently opined that if artificial intelligence were to become smarter than humans, the first group to notice would likely be financial traders. 

Mollick’s comments were posted on the X social media platform on Sept. 24, and they immediately sparked replies from numerous accounts associated with the cryptocurrency community. 

Mollick’s statement on AGI, posted on X. Source: Ethan Mollick 

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CFTC Fines Uniswap Labs $175,000 for Violating Commodity Exchange Act

CFTC Fines Uniswap Labs 5,000 for Violating Commodity Exchange ActThe Commodity Futures Trading Commission (CFTC) has fined Universal Navigation Inc., operating as Uniswap Labs, $175,000 for illegal trading practices. The decentralized finance (defi) protocol operator was found in violation of the Commodity Exchange Act (CEA) for offering leveraged retail commodity transactions without proper registration. Uniswap Labs, the company behind a popular decentralized digital asset […]

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Friday Market Recap: Ether ETFs See Zero Gains as Bitcoin ETFs Bleed $175 Million

Friday Market Recap: Ether ETFs See Zero Gains as Bitcoin ETFs Bleed 5 MillionSpot bitcoin exchange-traded funds (ETFs) faced another round of outflows as five funds pulled out $175.67 million. At the same time, despite a trading volume of $173.66 million, ether ETFs saw no net gains or losses on Friday. Bitcoin ETFs Lose $175 Million; Ether ETFs Show No Change Bitcoin ETFs experienced another setback on Friday, […]

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Hong Kong accepts crypto license application past deadline

Hong Kong Digital Asset Xchange is the latest firm to apply for a license, having submitted its application on Aug. 27.

The Hong Kong Securities and Futures Commission (SFC) has granted a new digital asset exchange license to Hong Kong Digital Asset Xchange (HKDAEx) despite the May 31 deadline having passed.

HKDAEx, a company based in Hong Kong and a member of the Hong Kong Financial Asset Exchange Group, submitted an application for a digital asset exchange license on Aug. 27, according to the regulator’s listing.

However, the SFC may return the application if it finds it incomplete or if there are unresolved fundamental issues.

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US Bitcoin ETFs Thrive With $39M Boost, Ethereum ETFs Experience $17M Decline

US Bitcoin ETFs Thrive With M Boost, Ethereum ETFs Experience M DeclineOn Wednesday, U.S. spot bitcoin exchange-traded funds (ETFs) marked their fifth straight day of inflows, adding $39.42 million to their gains. Meanwhile, the spot ether ETFs experienced a dip, losing $17.97 million during the day’s trading. Spot Bitcoin ETFs See Fifth Day of Inflows, Ether ETFs Hit by $17M Outflows Collectively, the 12 spot bitcoin […]

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Stablecoin Market Expands by $1.52 Billion in 7 Days, Driven by USDT and USDC Growth

Stablecoin Market Expands by .52 Billion in 7 Days, Driven by USDT and USDC GrowthThe stablecoin economy is experiencing renewed growth. Over the past week, the market capitalization of all stablecoins increased by $1.52 billion. The growth over the past seven days was primarily driven by tether (USDT), the largest stablecoin by market valuation, with its supply expanding by 1.2 billion coins. Stablecoin Economy Sees Growth Again Over the […]

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