The Pope Has Thoughts on AI Art—And They're Not Flattering

In briefPope Leo XIV said in an Oct. 2 post on X that there is an “ontological difference” between human art and what machines generate.He said the Church wants to renew an alliance with artists and cultural institutions to “safeguard our humanity.”The post follows a May encyclical on AI and a Sept. 25 speech in Paris in which he cited it.  Pope Leo XIV said Friday that there is an “ontological difference” between human art and what machines generate, and that the Church wants to renew an alliance with artists and cultural institutions to “safeguard our humanity.”  The pope posted the message on X, where he has shared AI warnings before.  Myriad: Who wins the midterm elections? Click to make your prediction.  “There is an ontological difference, even before an aesthetic one, between art and what a machine can generate through statistical calculation based on millions of images created by others. Algorithms lack the spark of humanity,” the Pope wrote.  “Ontological” is philosophy-speak for what something fundamentally is, as opposed to how it looks. His point is, essentially, that a painting by a person and an image from a model can look alike and still be totally different things. He says that gap exists before

1 ہفتوں کے اندرانڈسٹری

Bitcoin Price Gets Squeezed at $84K as $85K Becomes the Next Test

Bitcoin traded between $84,614 and $84,887 on Saturday, Oct. 3, 2026, after a sharp rejection from a 24-hour intraday high of $87,085, leaving the market wedged between short-term consolidation and a broader bullish structure. The immediate tape has cooled, but every tracked moving average remains bullish while the oscillators are largely neutral, creating a technical tug-of-war as bitcoin searches for its next directional leg.  Key TakeawaysBitcoins price holds near $84,600 to $84,887 after retreating from the $87,219 area.BTC faces its first upside trigger between $85,000 and $85,500.Bitcoins 12 tracked moving averages remain bullish as MACD signals a bearish reading.  1-Hour Chart: Bitcoin Builds a Tight Base After the Sell-Off  The 1-hour chart shows bitcoins price settling into consolidation after falling from $87,219 to $83,841, with the price subsequently building a narrow shelf around $84,400 to $84,700 as volume steadily declined. That compression puts $84,800 to $85,000 in the spotlight as the first upside trigger, while a clean hourly break accompanied by expanding volume would bring $85,500 and then $86,000 to $86,500 into view.  BTC/USD 1-hour chart via Bitstamp on Oct. 3, 2026.  On the flip side, losing $84,300 would expose $83,841, followed by $83,500. A defended retest of $84,300 to $84,500 offers a clearer short-term

1 ہفتوں کے اندرانڈسٹری

Stellar Unlocks New DeFi Milestone at Over $273 Million

As Stellar continues to prove itself as a fast-growing crypto project, challenging XRP even across the DeFi ecosystem, the network has just reached a new milestone.  With the network seeing increased participation among users, it has subsequently recorded notable growth across its DeFi applications, pushing it to reach a new record in its total value locked as of October 2.  Stellar TVL hits all-time high  Per the latest data from DeFiLlama, Stellar has seen its DeFi TVL surge to nearly $273 million, marking the highest level it has ever reached since it launched.  This new record has drawn attention from market participants as it has come just one week after it initially climbed to about $265 million.  This suggests that Stellar has continued to witness steady growth of capital deployed across protocols based on its network, driving further growth in its native token, XLM.  In addition to its record TVL growth, the network has also recorded substantial increases in its onchain activity. Stellar now boasts about $934.54 million in stablecoin market capitalization and about $2.82 billion in active real-world asset (RWA) assets under management.  Stellar active addresses near 100,000 milestone  Following the surge in its DeFi performance, user participation in the Stellar network has also continued to increase,

1 ہفتوں کے اندرانڈسٹری

Ripple President Highlights XRP Ledger's Next Big Institutional Growth Phase

The XRP Seoul event is happening now at the Grand Hyatt Seoul with more than 5,000 attendees. One of the major highlights of the event was Ripple President Monica Longs discussion about how financial institutions are moving on-chain, using XRPL for collateral mobility, tokenized assets, and payment infrastructure.  The discussion was moderated by Christina Chan, Senior Director of Ecosystem Growth at Ripple, on how Ripple is bringing XRP utility to institutional finance.  The XRPSeoul2026 X account posted key takeaways from the much-anticipated fireside chat with the Ripple President, including institutional shift and capital market use cases, building institutional-grade rails on XRPL and ecosystem growth, and predictions for the future.  Regulatory clarity is propelling financial institutions from experimenting with blockchain to deploying on-chain infrastructure, with an emphasis on 24/7 collateral mobility through tokenized money market funds, treasury-backed repos, and cross-border payments enabled by stablecoins.  To meet enterprise requirements, Ripple is expanding XRPLs capability stack with permissioned privacy controls, native yield and lending protocols using XRP/RLUSD, and decentralized exchange (DEX) payment integration handled directly by Ripple to reduce customer complexity.  XRP Ledger aims to achieve exponential growth over the next year through regional incubators such as the Korea Financial Innovation Program and partnerships with top-tier institutions. It

1 ہفتوں کے اندرانڈسٹری

Chainalysis AI traces $387M Bitget hack in under 10 minutes

Chainalysis has used its in-house AI to cut more than 20 hours of manual bridge reconciliation to under 10 minutes while investigating the $387 million stolen from Bitget.  SummaryChainalysis says AI accelerated cross-chain matching while investigators directed the work and reviewed results.The firm attributes the attack to North Korean actors, putting their 2026 theft above $1 billion.Investigators tracked stolen XRP through cross-chain swaps to Bitcoin addresses controlled by the attackers.Bitget has offered separate 5% rewards for qualifying help freezing and recovering stolen funds.  Chainalysis said in its Oct. 1 report that investigators built custom automation to connect transactions across blockchains after the Sept. 24 breach. The reported time saving concerned matching bridge deposits with payouts, one part of an investigation involving Bitget and law enforcement partners.  Working around the clock, the firms investigation team used the tools to follow fragmented transaction trails and share findings with the exchange and authorities. According to the report, newly identified addresses received stolen-fund labels within minutes, making the information available to compliance teams through its data platform.  Chainalysis AI matched transfers while investigators directed the case  Under the process described by the firm, investigators set the matching rules, checked the results, and decided which leads to pursue. Its AI

1 ہفتوں کے اندرانڈسٹری

Leveraged funds Bitcoin futures shorts fall by 5,300 BTC-equivalent as longs shrink

Leveraged funds reported Bitcoin futures shorts fell by about 5,300 BTC-equivalent in the week to Sept. 29, narrowing their net short even as their aggregate long exposure shrank.  Related Asset Bitcoin #1 BTC · $84,851.68 24-hour change: down 0.47% Loading price history… 24H Down 0.47% 7D Up 0.85% 30D Up 4.37%  The Commodity Futures Trading Commission‘s latest futures-only figures, released in the Oct. 2 reporting cycle, cover CME standard and micro Bitcoin futures plus Coinbase Derivatives’ nano Bitcoin and nano perpetual-style futures. The totals convert different contract sizes into BTC-equivalent exposure; they describe futures positions, not transfers of physical bitcoin.  Compared with Sept. 22 positions, the funds reported shorts fell 5,299.69 BTC-equivalent and longs fell 908.99 BTC-equivalent. Their net short consequently narrowed by 4,390.70 BTC-equivalent, from 40,110.83 to 35,720.13. Their combined short exposure still exceeded their longs. These long and short columns exclude separately recorded, offsetting spread positions.  A better net figure can result from shrinking positions on both sides when shorts fall faster. In this snapshot, aggregate futures long exposure did not expand.  The individual products did not move uniformly. Standard CME futures accounted for 4,310 BTC-equivalent of the reduction in reported shorts, while their leveraged-fund longs increased 1,175 BTC-equivalent. Longs fell in CME

1 ہفتوں کے اندرانڈسٹری

Greek police arrest 17 in crypto fraud scheme exceeding $8M

Greek police have arrested 17 people in an alleged cryptocurrency investment scheme that authorities estimate collected more than $8 million from at least 10,000 participants.  Hellenic Police said in an Oct. 2 statement that investigators in Katerini uncovered a suspected pyramid operation using company structures and an online platform to present cryptocurrency investments as legitimate.  Greek crypto fraud suspects allegedly used recruitment bonuses  ERT News reported that nine of the arrested suspects were military personnel, including two noncommissioned officers allegedly holding leadership roles.  Citing information obtained by reporter Giorgos Gerafentis, the broadcaster said members received bonuses for bringing new participants into the platform. Its account described a hierarchy in which alleged leaders controlled the operation while recruits helped attract further investment.  According to ERTs reporting, the operators initially gave participants the impression that their investments could generate profits, before failing to return the money they had deposited.  The broadcaster placed the suspected networks offices in Katerini, Thessaloniki, Larissa, Patras and an island in the Dodecanese. ERT also reported that the case file included nine additional Greek suspects, among them another member of the armed forces.  In the police account, the operation had been active since at least 2025 and offered guaranteed high returns with little or no

1 ہفتوں کے اندرانڈسٹری

Shiba Inu Developer Breaks Months-Long Silence Amid Shibarium Speculation

Amid Shibarium speculation, Shiba Inu developer Kaal Dhairya has broken months of relative silence on X with a brief reply: “Yours truly.”  Before now Dhairya last posted on X on July 25, when he reacted to Shiba Inus price rise, maintaining months of silence, similar to Shiba Inu lead ambassador Shytoshi Kusama, who last posted or interacted on X on May 13.  The Shiba Inu developers response comes after an X user raised an interesting question about the cost of maintaining a Layer 2 network.  Citing Ethereum Layer 2 network Blasts decision to wind down operations, X user Ed Salomons asked who is paying for the hardening, updates, and ongoing maintenance of Shibarium. Dhairya replied, “Yours truly.”  Ethereum Layer 2 chain Blast announced that it would wind down its network because operating costs exceeded revenue and the project saw no credible path to economic sustainability. Blast users have been given until Oct. 26 to withdraw assets through its interface.  This development raised concerns about Shibarium being an Ethereum Layer 2 itself. Dhairyas response shows that Shibarium isnt abandoned, but it doesnt provide details on the amount being spent, the specific entities involved, or the long-term funding structure supporting the network.  Shibarium abandoned?  Shibarium continues to receive infrastructure

1 ہفتوں کے اندرانڈسٹری

SEC proposes crypto custody framework for investment advisers and funds

The U.S. Securities and Exchange Commission has proposed an Oct. 1 crypto custody framework under two federal investment laws, allowing conditional self-custody and state trust company custody for investment advisers and regulated funds.  SummaryThe proposal covers registered investment advisers, registered investment companies and business development companies.Advisers could hold crypto themselves when no permitted custodian is available, subject to conditions.State trust companies would face checks on their authority and safeguards before serving as custodians.Public comments will remain open for 60 days after publication in the Federal Register.  SEC Chairman Paul Atkins said in the statement shared in his Oct. 3 X post that the proposal addresses uncertainty over how advisers and funds can legally hold crypto assets for clients. The SEC published the same statement on Oct. 1, alongside its proposed rules.  According to the commissions announcement, the framework would remove custody barriers that restrict crypto-related investment advice. The agency said it would also let regulated funds offer more crypto investment strategies, identifying registered investment companies and business development companies among the funds covered.  SEC crypto custody proposal would permit conditional self-custody  Under the SECs proposal, advisers could hold client and fund crypto assets themselves in limited circumstances. Commissioner Hester Peirce explained that an adviser must

1 ہفتوں کے اندرانڈسٹری

Bullish: Bitcoin Exchange Reserve Drops to 2023 Lows

After Bitcoin witnessed a brief price recovery recently, reclaiming its previous high around $87,000, the sharp price rally has driven demand for the asset.  As such, Bitcoin has seen traders increasingly scoop up its tokens from exchanges as demand appears to have spiked, causing its reserve across all exchanges to drop sharply.  2.68 million Bitcoin left to buy  Per recent data from crypto analytics platform CryptoQuant, Bitcoin exchange reserves have suddenly dropped to a fresh multi-year low after its price rebounded briefly a few days ago.  Following this sharp drop in the metric, there are now about 2.68 million BTC held across exchanges as of Saturday, October 3.  Although decreases in exchange reserves are often perceived as a potential sign of accumulation or long-term holding, analysts have also warned that the case this time may not entirely confirm a bullish outlook for Bitcoin, as increases in outflows from major exchanges like Binance could be attributed to several other factors.  Bitcoin supply is shrinking  Additional data provided by the source shows that Bitcoin exchange reserves have been trending lower across several Bitcoin market cycles.  The last time Bitcoin reserves peaked was in early 2024, when they reached a high of around 3.2 million BTC, at a time when Bitcoin

1 ہفتوں کے اندرانڈسٹری
1
...
3537
...
1000