According to Cointelegraph, Meta has introduced a new suite of artificial intelligence models named 'Movie Gen' on October 4, capable of generating photorealistic movies up to 16 seconds long, complete with sound effects and backing music tracks. While not the first multimodal AI model to generate video and audio from text prompts, Movie Gen appears to demonstrate state-of-the-art capabilities. Researchers claim it outperformed rival systems in human testing. Meta's blog post reveals that Movie Gen can output movies at a frame rate of 16 frames per second (FPS). For context, traditional Hollywood films were shot at 24 FPS to achieve the 'film look.' Although higher FPS rates are preferred in gaming and other graphical applications, Meta's 16 FPS is close to professional-quality movie imagery. The models can generate entirely new movies based on simple text prompts or modify existing images or videos to replace or alter objects and backgrounds. One of the most advanced features of Movie Gen is its ability to generate up to 45 seconds of audio, including sound effects and background music, which is integrated and synced with the motion in the generated videos. Despite these advancements, Meta is keeping the foundation models behind Movie Gen under wraps for now. The company has not provided a timeframe for the product's launch, stating that further safety testing is required before deployment. A research paper from Meta's AI team indicates that the Movie Gen models were developed for research purposes and need multiple improvements before being deployed. The company plans to incorporate safety models to reject input prompts or generations that violate their policies to prevent misuse.

According to BlockBeats, on October 5, the scalable blockchain network AO, based on Arweave, announced that over 90 million DAI has been deposited into AO. Previously, BlockBeats reported that AO stated DAI and stETH can now be used for minting on AO, with official deposit channels open. Users can participate in AO's 100% fair launch by depositing through cross-chain methods. Additionally, 33% of AO tokens will be proportionally distributed to AR holders. As of September 11, AO revealed that over 1.8 million AO tokens have been minted. These AO tokens will become transferable starting February 2025.

OKX market data shows that BTC has broken through 62,000 USDT and is currently trading at 62,005 USDT, with a 24-hour increase of 2.98%.

A Russian cybercrime group is reportedly leveraging a series of AI-generated websites to implement software aimed at stealing cryptocurrency wallet credentials. source: https://cryptodnes.bg/en/russian-cybercriminals-exploit-ai-generated-sites-to-steal-crypto-wallet-credentials/

On Oct 04, 2024, 16:30 PM(UTC). According to Binance Market Data, Bitcoin has crossed the 62,000 USDT benchmark and is now trading at 62,000.011719 USDT, with a narrowed 2.94% increase in 24 hours.

Bitcoin demand needs to grow for the asset to remain steady in the bull phase and rally to its price targets of $85,000 and $100,000. source: https://cryptopotato.com/bitcoin-enters-positive-seasonality-period-but-needs-higher-demand-cryptoquant/

The European Union’s Markets in Crypto Assets guidelines are the most advanced set of regulations for the blockchain sector to date. source: https://www.theblock.co/post/319580/coinbase-to-delist-non-compliant-stablecoins-in-eu-following-implementation-of-mica-guidelines?utm_source=rss&utm_medium=rss

According to BlockBeats, on October 5, the social media platform 'X,' owned by Elon Musk, has paid the fine imposed by Brazil's Supreme Court. The company plans to submit a new request to restore its services in the country.

Recent research indicated that token airdrops in 2024 have seen a low success rate of only 11%. The research, conducted by Keyrock on 62 airdrops across 6 chains, found that only 8 had positive returns for investors. The 8 airdrops were also only on Ethereum and Solana, leaving ZkSync, Arbitrum, Blast, Starknet, and more lacking winners. source: https://www.cryptopolitan.com/airdrops-record-11-success-rate/

Hong Kong welcomes HKVAX as the third licensed crypto exchange after Hashkey and OSL. source: https://dailycoin.com/sfc-licenses-hkvax-as-hong-kongs-third-regulated-crypto-exchange/?utm_source=cryptopanic&utm_medium=rss

Most DeFi protocols rely on oracle price feeds to process derivative contracts, liquidate bad assets, etc.

Google has launched a new video search feature that allows users to point their camera at objects and ask questions, providing relevant search results. This initiative, part of their ongoing AI enhancements, aims to improve user interaction and maintain Google’s dominance in the competitive search market.

When Apple announced iOS 18, most attention was drawn to its new artificial intelligence (AI) features, such as personalized AI assistants and enhanced machine learning capabilities. However, a quieter yet potentially more disruptive change—an update to contact sharing—could have a significant impact on the future of social and messaging apps.

Samsung and Google are joining forces to take on Meta’s Ray-Ban Meta glasses, a move that has the potential to shake up the smart glasses market. According to a report from The Information, the collaboration is centered around creating a competitor to Meta's smart eyewear, integrating Google’s advanced Gemini AI. This project was given the green light earlier this year following debates at Google about whether to pursue full augmented reality (AR) glasses or a simpler, more streamlined product like Meta’s smart glasses.

The brain of a fruit fly, while far from being the most sophisticated in the animal kingdom, has just provided scientists with an unprecedented opportunity to learn more about how brains function.This groundbreaking work, led by a consortium of scientists from the FlyWire project, offers a new window into the intricate web of neurons and synapses that form the building blocks of cognition and behavior.

As the artificial intelligence (AI) landscape continues to evolve at an unprecedented pace, tech giants Google and OpenAI are now setting their sights on the next frontier in AI development: reasoning. Both companies are working to build AI models that more closely mimic human-like reasoning capabilities, a development that could revolutionize the way AI systems interact with complex tasks like math, coding, and problem-solving.

OpenAI, the artificial intelligence startup best known for developing ChatGPT, has raised $6.6 billion in a major funding round, marking one of the largest investments ever made in a private company. This latest round values OpenAI at a staggering $157 billion, placing it on par with the market capitalizations of publicly traded giants such as Goldman Sachs and Uber.

Satoshi Nakamoto's real identity could be finally revealed, in the new documentary "Money Electric: The Bitcoin Mystery".

Recently, there is a view that L2 is splitting Ethereum and grabbing value from Ethereum. Is this true? As an Ethereum ecosystem, how can we do better?

Taiwan's Financial Supervisory Commission has mandated that all virtual asset service providers register by September 2025 and comply with new anti-money laundering regulations effective January 2025. The regulations aim to enhance oversight, reduce risks, and ensure that management teams have the required experience and no criminal records.