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Avalanche (AVAX) posts triple-digit monthly gain as TVL surge points to user growth
AVAX, the native token of the Avalanche ecosystem has surprised the market, posting double-digit gains amid a drawback in the wider crypto space. AVAX token smashed through the $40 barrier on Dec.12 to reach an intra-day high of $43. At the time of publication, the layer 1 token trades at $38, up 12% over the last 24 hours and 123% over the last 30 days.
AVAX’s market cap soars 341% in two months
The latest rally has seen Avalanche’s total market value grow more from $3.25 billion when the recovery started in mid-October to the current value of $14.35 billion. This represents an increase of over $341% in just two months.
This is $1.06 billion more than Dogecoin’s $13.29 billion, flipping it to secure the ninth position on the CoinMarketCap ranking.
AVAX’s Market Capitalization. Source: CoinMarketCapAVAX’s market capitalization has also increased by 200% over the last 12 months, from $4.04 billion recorded in December 2022.
AVAX is not the only crypto soaring within the Avalanche ecosystem. JOE (JOE) — the native token of Avalanche’s decentralized exchange Trader Joe, and QI – the native token of Avalanche’s liquid staking protocol Benqi, are also surging, with 5% and 20% gains respectively over the last 24 hours.
Avalanche (AVAX) posts triple-digit monthly gain as TVL surge points to user growth
AVAX, the native token of the Avalanche ecosystem has surprised the market, posting double-digit gains amid a drawback in the wider crypto space. AVAX token smashed through the $40 barrier on Dec.12 to reach an intra-day high of $43. At the time of publication, the layer 1 token trades at $38, up 12% over the last 24 hours and 123% over the last 30 days.
AVAX’s market cap soars 341% in two months
The latest rally has seen Avalanche’s total market value grow more from $3.25 billion when the recovery started in mid-October to the current value of $14.35 billion. This represents an increase of over $341% in just two months.
This is $1.06 billion more than Dogecoin’s $13.29 billion, flipping it to secure the ninth position on the CoinMarketCap ranking.
AVAX’s Market Capitalization. Source: CoinMarketCapAVAX’s market capitalization has also increased by 200% over the last 12 months, from $4.04 billion recorded in December 2022.
AVAX is not the only crypto soaring within the Avalanche ecosystem. JOE (JOE) — the native token of Avalanche’s decentralized exchange Trader Joe, and QI – the native token of Avalanche’s liquid staking protocol Benqi, are also surging, with 5% and 20% gains respectively over the last 24 hours.
Former US President Donald Trump launches ‘MugShot’-themed NFT drop
“Never surrender!” the former U.S. president wrote.
IRS lists 4 crypto crimes among its top cases in 2023
The cases included investigations into the Silk Road marketplace, OneCoin, Oyster Protocol founder “Bruno Block,” and a money laundering scheme using Bitcoin kiosks.
Two individuals indicted for $25M AI crypto trading scam: DOJ
Defendants David Gilbert Saffron and Vincent Anthony Mazzotta Jr. allegedly solicited users’ deposits for investment and used them for lavish personal expenditures.
Two individuals indicted for $25M AI crypto trading scam: DOJ
Defendants David Gilbert Saffron and Vincent Anthony Mazzotta Jr. allegedly solicited users’ deposits for investment and used them for lavish personal expenditures.
Terra co-founder Do Kwon will stay in Montenegro until February: Report
The Terraform Labs co-founder had been awaiting extradition to either the U.S. or South Korea after serving a prison sentence in Montenegro for using falsified travel documents.
Celestia to integrate with Polygon CDK for data availability in 2024
Celestia will become an option for data availability within the Polygon CDK software.
Celestia to integrate with Polygon CDK for data availability in 2024
Celestia will become an option for data availability within the Polygon CDK software.
Democratic presidential candidate blasts Biden and Trump on crypto: ‘Not the right people to lead’
Representative Dean Phillips was the sole Democratic presidential candidate to address the Crypto Presidential Forum after Republicans Vivek Ramaswamy and Asa Hutchinson.
KuCoin agrees to ban New York residents and pay $22 million in settlement
KuCoin users from New York will lose the ability to trade within 30 days and will have their accounts closed within 120 days.
Ethereum scaling firm =nil; Foundation introduces security-focused zkEVM
A new Ethereum zero-knowledge proof compiler could address security concerns identified in different zkEVM solutions.
Ethereum scaling firm =nil; Foundation introduces security-focused zkEVM
A new Ethereum zero-knowledge proof compiler could address security concerns identified in different zkEVM solutions.
Starknet to hand 10% of network fees to devs, with $3.5M in first distribution
The Devonomics initiative from the Starknet Foundation aims to return a portion of network fees to incentivize developers.
Deepfake K-Pop porn, woke Grok, ‘OpenAI has a problem,’ Fetch.AI: AI Eye
AI image generation has become outrageously good in the past 12 months … and some people (mostly men) are increasingly using the tech to create homemade deepfake porn of people they fantasize about using pics culled from social media.
The subjects hate it, of course, and the practice has been banned in the United Kingdom. However, there is no federal law that outlaws creating deepfakes without consent in the United States.
The Nudify app (Nudify.online)Face-swapping mobile apps like Reface make it simple to graft a picture of someone’s face onto existing porn images and videos. AI tools like DeepNude and Nudeify create a realistic rendering of what the AI tool thinks someone looks like nude. The NSFW AI art generator can even crank out Anime porn deepfakes for $9.99 a month.
According to social network analytics company Graphika, there were 24 million visits to this genre of websites in September alone. “You can create something that actually looks realistic,” analyst Santiago Lakatos explains.
Such apps and sites are mainly advertised on social media platforms, which are slowly starting to take action, too. Reddit has a prohibition on nonconsensual sharing of faked explicit images and has banned several domains, while TikTok and Meta have banned searches for keywords relating to “undress.”
Deepfake K-Pop porn, woke Grok, ‘OpenAI has a problem,’ Fetch.AI: AI Eye
AI image generation has become outrageously good in the past 12 months … and some people (mostly men) are increasingly using the tech to create homemade deepfake porn of people they fantasize about using pics culled from social media.
The subjects hate it, of course, and the practice has been banned in the United Kingdom. However, there is no federal law that outlaws creating deepfakes without consent in the United States.
The Nudify app (Nudify.online)Face-swapping mobile apps like Reface make it simple to graft a picture of someone’s face onto existing porn images and videos. AI tools like DeepNude and Nudeify create a realistic rendering of what the AI tool thinks someone looks like nude. The NSFW AI art generator can even crank out Anime porn deepfakes for $9.99 a month.
According to social network analytics company Graphika, there were 24 million visits to this genre of websites in September alone. “You can create something that actually looks realistic,” analyst Santiago Lakatos explains.
Such apps and sites are mainly advertised on social media platforms, which are slowly starting to take action, too. Reddit has a prohibition on nonconsensual sharing of faked explicit images and has banned several domains, while TikTok and Meta have banned searches for keywords relating to “undress.”
Deepfake K-Pop porn, woke Grok, ‘OpenAI has a problem,’ Fetch.AI: AI Eye
AI image generation has become outrageously good in the past 12 months … and some people (mostly men) are increasingly using the tech to create homemade deepfake porn of people they fantasize about using pics culled from social media.
The subjects hate it, of course, and the practice has been banned in the United Kingdom. However, there is no federal law that outlaws creating deepfakes without consent in the United States.
The Nudify app (Nudify.online)Face-swapping mobile apps like Reface make it simple to graft a picture of someone’s face onto existing porn images and videos. AI tools like DeepNude and Nudeify create a realistic rendering of what the AI tool thinks someone looks like nude. The NSFW AI art generator can even crank out Anime porn deepfakes for $9.99 a month.
According to social network analytics company Graphika, there were 24 million visits to this genre of websites in September alone. “You can create something that actually looks realistic,” analyst Santiago Lakatos explains.
Such apps and sites are mainly advertised on social media platforms, which are slowly starting to take action, too. Reddit has a prohibition on nonconsensual sharing of faked explicit images and has banned several domains, while TikTok and Meta have banned searches for keywords relating to “undress.”
Deepfake K-Pop porn, woke Grok, ‘OpenAI has a problem,’ Fetch.AI: AI Eye
AI Eye: 98% of deepfakes are porn — mostly K-pop stars — Grok is no edgelord, and Fetch.AI boss says OpenAI needs to “drastically change.”
Deepfake K-Pop porn, woke Grok, ‘OpenAI has a problem,’ Fetch.AI: AI Eye
AI Eye: 98% of deepfakes are porn — mostly K-pop stars — Grok is no edgelord, and Fetch.AI boss says OpenAI needs to “drastically change.”