Home Web3 Diaries – AI Fake Image Triggers Selloff

Web3 Diaries – AI Fake Image Triggers Selloff

Share
Share

Web3 Diaries – AI Fake Image Triggers Selloff

This Monday marked a new high—or arguably low—in demonstrating the power of artificial intelligence (AI). A picture depicting a fabricated explosion at the Pentagon, quickly flagged as being AI generated, spread like wildfire across social media. It also appears to have spurred a momentary sell-off in the U.S. stock market.

The alarming image, portraying smoke billowing from the iconic building, was disseminated by numerous accounts, including a Russian state-owned media channel.

Interestingly, reports of the false Pentagon explosion also made its way onto non- official Twitter accounts with blue verification checkmarks, further amplifying the confusion and the impact of the falsehood—highlighting both the importance of rigorous source verification as well as the unsurprising result of Elon Musk’s new criteria for account verification.

Immutable, MetaStudio Join Hands to Enhance Gaming Metaverse

MetaStudio, a Portuguese game studio, has partnered with Immutable, a leading Ethereum Layer 2 scaling solution provider aimed at transforming the gaming metaverse.

MetaStudio has been recognized for its innovative games and games-as-a-service offerings, along with its unique non-fungible token (NFT), Rune Realms, which offers holders a chance to partake in a 10% revenue share in the studio’s earnings.

By integrating with Immutable’s Layer 2 blockchain infrastructure, MetaStudio can provide players with a dynamic gaming experience and unique benefits such as zero gas fees for peer-to-peer trading and secure ownership of in-game assets.

EDCON 2023 Unveils Open Loyalty Solution from Smart Token Labs

The EDCON 2023 organizing team has partnered with Smart Token Labs to deliver Permissionless Perks, an Open Loyalty solution that enables event attendees to independently verify ticket ownership to 3rd party perk providers.

Attendees at EDCON 2023 in Montenegro from May 19th – 23rd, can claim over 30 exclusive perks available only to them.

CEO of Smart Token Labs, Victor Zhang, said Permissionless Perks is one of the few commercial examples of Open Loyalty: “It’s a permissionless Open Loyalty solution where the verification occurs between the ticket holder and the perk provider without involving the event organizer. A URL delivered to attendees is an attestation that attests ticket ownership and is then stored in the browser’s local storage to enable the seamless claim of perks on the providers’ websites.”

Share

Latest News

Kraken Launches AVAX Staking Services For Global Users
News

Kraken Launches AVAX Staking Services For Global Users

Kraken now lets users stake Avalanche’s AVAX token, so eligible users can earn rewards directly on the exchange. Kraken said users can...

Harvard Exits Entire Ethereum Position After One Quarter
News

Harvard Exits Entire Ethereum Position After One Quarter

Harvard University’s endowment fund has sold all its Ethereum investment after holding it for only one quarter, according to recent SEC filings....

MoonPay Acquires Decent, Launches Institutional Platform For Tokenized Assets & DeFi
News

MoonPay Acquires Decent, Launches Institutional Platform For Tokenized Assets & DeFi

MoonPay, a crypto payments company, has bought the cross-chain startup Decent in a deal worth tens of millions. This move helps MoonPay...

IG Expands European Crypto Trading Through Bitpanda Partnership
News

IG Expands European Crypto Trading Through Bitpanda Partnership

IG Group, a London-listed trading platform, plans to grow its crypto trading services in Europe by partnering with the Austrian exchange Bitpanda....

Latest Blogs

How To Spot The Next Big Memecoin

Inspired by online jokes and viral trends, memecoins are the not-so-serious and rather amusing part of digital coins that thrive on community...

AI & Web3: New Age Careers With High Income Potential?

The smartest move going forward right now is to build a career in next generation internet, AI and Web3. The good news...

Art Of Becoming A Memecoin Master & Staying Ahead

Within the cryptocurrency market, memecoins are a more lighthearted and entertaining segment. They are created from online comedy, viral trends, and jokes....

“Click, Token, Own!” Why RWA Is The Future Of Finance?

A financial revolution, RWA tokenization bringing real-world assets onto blockchain RWA tokenization increases accessibility, quickness and transparency, pushing markets to expand rapidly,...

Related Articles

How To Spot The Next Big Memecoin

Inspired by online jokes and viral trends, memecoins are the not-so-serious and...

AI & Web3: New Age Careers With High Income Potential?

The smartest move going forward right now is to build a career...

Art Of Becoming A Memecoin Master & Staying Ahead

Within the cryptocurrency market, memecoins are a more lighthearted and entertaining segment....

“Click, Token, Own!” Why RWA Is The Future Of Finance?

A financial revolution, RWA tokenization bringing real-world assets onto blockchain RWA tokenization...