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Meta to Resume Training AI With Data From UK Facebook, Instagram Users

Meta to Resume Training AI With Data From UK Facebook, Instagram UsersMeta announced it will resume training its artificial intelligence (AI) models using U.K. adult user data to better reflect British culture. This follows a delay due to privacy concerns. Despite initial opposition, Meta has now engaged with U.K. regulators and is nearing the launch of its AI products in the U.K. The company clarified that […]

Cartel-Linked Crypto Laundering Ring Disrupted by Federal Task Forces

Crypto is down, but FET and AI tokens are up — Here’s why

FET and other AI tokens are outperforming the wider crypto market this week, but is the rally purely driven by investors' earnings expectations for Nvidia?

Price breakouts have become rather short-lived in the crypto market recently, with the most recent case being Bitcoin’s (BTC) brief rally to $65,000 on Aug. 24. 


According to data from Glassnode, traders have become more risk-averse and wary of using leverage to chase larger gains in the crypto market. In the Aug. 27 The Week Onchain Newsletter, the analysts explained that the “phenomenon” or reduced appetite for speculation and leverage is reflected by “a vast swathe of tokens now displaying a neutral funding rate,” suggesting that “spot markets are likely to be in the driver’s seat for the near term.” 

Binance funding rate heatmap. Source: Glassnode

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Cartel-Linked Crypto Laundering Ring Disrupted by Federal Task Forces

Tokenholders approve $7.5B AI merger

The Artificial Superintelligence Alliance’s new ASI token will begin trading next month and will be valued at $7.5 billion at launch.

Tokenholders of SingularityNet, Fetch.ai and Ocean protocols have approved a $7.5 billion merger that would create a combined Artificial Superintelligence Alliance (ASI) project.

According to the April 16 announcement, the Fetch.AI (FET) token will become the ASI token with a total supply of 2.6 billion. Meanwhile SingularityNet (AGIX) and Ocean (OCEAN) tokens will be converted into ASI at approximate ratios of 0.43:1, with ASI tokens having a combined value of $7.5 billion post-merger. The ASI is scheduled for launch on May 24. 

"Our mission is to create a decentralized AI infrastructure at scale, ensuring ethical and trustworthy practices,” said Humayun Sheikh, chairman of the Artificial Superintelligence Alliance and CEO of Fetch.ai. “By combining our platforms, we empower developers and users alike, fostering a more democratic and transparent AI ecosystem."

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Cartel-Linked Crypto Laundering Ring Disrupted by Federal Task Forces