• Aug 07, 2024

Putin Signs Bill to Green Light Crypto Mining in Russia

Russian President Vladimir Putin has signed a law allowing cryptocurrency mining in the country, state-owned media has reported, as lawmakers brainstorm how to skirt sanctions in the pariah state.  The law establishes regulations for the previously outlawed crypto mining industry in the country, limiting the activity to legal entities and individuals who register with the Ministry of Digital Development. Entities and entrepreneurs who do not register will be allowed to mine only if they do not e...

  • Aug 07, 2024

AI Firm Synthesia Unveils Digital Video Avatars—Here's How They Work

Have you ever wanted a digital twin? Or dreaded having to re-record a series of videos? Like a sci-fi storyline, London-based synthetic media generation developer Synthesia has launched a service that gives customers the ability to create digital video representations of themselves that they can use on social media and in marketing campaigns. Synthesia first announced the launch of its Personal Avatars during a livestream on Wednesday. These avatars, Synthesia claims, can be generated using as l...

  • Aug 07, 2024

Crypto Market Rallies Are Leaving Web3 and Metaverse Tokens Behind

(Bloomberg) -- Even with recent market gyrations, the chill of crypto winter is becoming a distant memory for traders of digital tokens. The launch of spot Bitcoin exchange-traded funds in January and ringing endorsements from Republican presidential candidate Donald Trump have helped them bounce back from the rout sparked by the collapse of FTX.Most Read from BloombergAfrica’s Richest City Needs $12 Billion to Fix InfrastructureNew York City’s Outdoor Dining Sheds Will Start DisappearingThe 5 C