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Paris Hilton and Jimmy Fallon fawning over NFTs resurfaces after report finds they are worthless
Paris Hilton and Jimmy Fallon fawning over NFTs resurfaces after report finds they are worthless
The non-fungible token (NFT) craze might be over – but we will always have videos of celebrities endorsing them as reminders of just how unhinged it was. The latest to have re-emerged is of Paris Hilton and Jimmy Fallon, the US late-night talk show host, and it is quite something. Fallon’s interview with Hilton is from 2022, just before the crypto bubble burst in spectacular fashion last year. It starts with Fallon pulling out a picture of a low-quality cartoon ape, saying: “This is your ape!” "I was going through a lot of them," Hilton said. "I was like, I want something that, like, kind of reminds me of me. But – this one, it does." After a short segment of grindingly awkward conversation, Fallon then pulls out another picture of an ape – his own NFT. Turns out he also wanted something that reminded him of himself. “It reminded me of me a little bit,” he said. He then put the pictures side by side and said, "They're buddies.” Journalist Nooruddean Choudry reposted the clip on X/Twitter, saying: “Still, I’m sure everyone involved in this beyond weird advert to make rich people richer at the expense of gullible idiots is proud of their contribution.” It comes after a report indicated that the NFT market has collapsed and that nearly all NFTs are practically worthless. The study of 73,257 NFT collections found that 69,795 of which have a market value of zero Ether, a popular cryptocurrency used to buy and sell the tokens. Sign up to our free Indy100 weekly newsletter Have your say in our news democracy. Click the upvote icon at the top of the page to help raise this article through the indy100 rankings.
2023-09-21 23:56
ModalAI® Launches Even Smaller, Smarter, and Safer Development Drone: VOXL® 2 Starling
ModalAI® Launches Even Smaller, Smarter, and Safer Development Drone: VOXL® 2 Starling
SAN DIEGO--(BUSINESS WIRE)--Jul 19, 2023--
2023-07-19 23:19
EU loophole lets banks dodge ECB's crypto supervision, needs fixing -Enria
EU loophole lets banks dodge ECB's crypto supervision, needs fixing -Enria
FRANKFURT EU rules to protect the financial system from risks stemming from cryptocurrencies contain a loophole that allows
2023-11-14 22:57
FBI steps up search for members of cybercrime group 2 years after announcing it had taken its systems down
FBI steps up search for members of cybercrime group 2 years after announcing it had taken its systems down
The FBI has stepped up its search for members of a multimillion-dollar cybercrime group more than two years after the bureau and its European allies announced they had taken down the group's computer systems, according to newly unsealed court documents reviewed by CNN.
2023-09-23 02:15
Musk Ultimatum to Taiwan Imperils Its Push to War-Proof Internet
Musk Ultimatum to Taiwan Imperils Its Push to War-Proof Internet
All that stands between Taiwan and a near-total internet blackout are 14 undersea cables — a network that
2023-07-07 00:22
TikTok launches feature to save songs to music apps like Spotify
TikTok launches feature to save songs to music apps like Spotify
TikTok has launched a feature to make it easier for users to save viral songs to music apps like Spotify and Apple Music. The “add to music app” feature will be rolled out in the UK and US over the coming weeks. It will enable users to save songs they discover on the video platform directly to their preferred music streaming app. Viral trend videos have helped popularise tracks such as Kylie Minogue’s dance anthem Padam Padam, and Raye, Casso and D-Block Europe’s collaboration on the single Prada. Ole Obermann, TikTok’s global head of music business development, said: “TikTok is already the world’s most powerful platform for music discovery and promotion, which helps artists connect with our global community to drive engagement with their music.” The new feature creates a “direct link” between music discovery and consumption, “thereby generating even greater value for artists and rightsholders”, Mr Obermann said. A button that says “add song” next to a track name at the bottom of a TikTok video in a user’s feed will allow them to save the song to a default playlist – including the “TikTok Songs” playlist on Amazon Music or the “Liked Songs” list on Spotify. The feature will start testing in additional markets soon, TikTok said. Last month, TikTok confirmed its first European data centre as part of its ongoing response to data privacy concerns around the app’s links to China. The centre in Dublin is the first of three in Europe to be built and will house data from TikTok users across the region. The UK Government earlier this year banned TikTok, which is owned by Chinese firm ByteDance, from being used on ministers’ work phones following a security review. Read More Urgent appeals for missing people to appear on Trainline app Data protection watchdog offers tips on buying smart devices on Black Friday Meta to allow users to delete Threads accounts without losing Instagram
2023-11-15 20:19
AI could displace jobs and undermine social cohesion, report warns
AI could displace jobs and undermine social cohesion, report warns
Artificial intelligence (AI) could reshape jobs or be used to create conspiracy theories that could cause political instability, according to a document outlining the possible threats facing Ireland. The National Risk Assessment report, which began in 2014, aims to outline economic, security or political risks to Ireland in the coming years, with the aim of informing decisions and to prepare for those possibilities. It also aims to guard against “group think”, and states that it highlighted the risk of Brexit in its 2014 report, and the housing challenge in its 2015 report. In the introduction to the report, Taoiseach Leo Varadkar said the list of 25 risks range from climate change to newer risks such as the security of Ireland’s energy supply and the proliferation of disruptive technology like AI. The report stated that as disruptive technology trends develop, “these advances create a range of opportunities” but also pose a possibility for malign use. Coastal erosion, which can impact upon infrastructure and human settlement, will accelerate in the coming years National Risk Assessment report It said that disruptive technologies such as AI could cause automation that could “displace or reshape” jobs and sectors, or be used for “malign” purposes. “Generative AI systems, which make the rapid production of content based on a variety of source material (text, moving or still images, computer code) easily available to the public, will bring extraordinary change, but will also pose a challenge for societal resilience, in particular how we counter the harms that could flow from their malicious use. “This could include the use of AI to generate disinformation and misinformation, deepfakes, or conspiracy theories, with the potential to distort markets, undermine cohesion or cause political instability.” It added: “The spread of mis/disinformation, including via social media and other digital platforms, has the potential to undermine the State, the integrity of elections, social cohesion, and the functioning of the economy.” In relation to Northern Ireland, the report said that certain groups with “very limited levels of support” are “intent on disrupting the significant progress” to bring about peace on the island of Ireland. “The risks to Ireland posed by armed conflict, terrorism and hybrid security threats are potentially compounded by our having one of the lowest levels of investment in military and defence capabilities within Europe,” it said. The assessment also stated that Ireland’s housing shortage and pricing issues “are unlikely to rectify themselves over the short term”, with inflation and skilled labour shortages impacting supply. It said that high rent costs create a risk of a “locked-out generation”, and is impacting on homelessness, which is at record high monthly rates. “The housing challenge risks increasing social exclusion and impairing labour mobility,” it said, adding that the growing number of asylum seekers highlighted the “undersupply of appropriate housing and the inflexibility of the sector”. It highlights that climate change is happening at “an accelerating and alarming rate”, and that Ireland needs to urgently “step up” efforts to mitigate greenhouse gas emissions across all sectors of the economy. “…Failure to meet obligations and targets on emissions, energy usage, and renewable energy, set both by the EU and in national legislation, is a risk. “Inertia and resistance to change risks Ireland’s efforts at adaptation and mitigation.” It also highlighted extreme weather events in Ireland such as flooding and extreme temperatures, which have “major” impacts on the environment, people and economy. “Coastal erosion, which can impact upon infrastructure and human settlement, will accelerate in the coming years,” it said. “In this regard, it is notable that much critical infrastructure, such as power stations, wastewater treatment plants, and rail infrastructure can be found along our coastline. “Very significant investment, with associated delivery risks, will be necessary to build climate resilience into flood defences and water management systems, in order to secure communities and the infrastructure they depend on.” The assessment added: “Trade-offs and public expenditure choices will be required.” It also warned that vulnerabilities in global financial markets “have grown more pressing” and highlighted “a wide range of financial vulnerabilities and elevated uncertainty”. It said that Ireland’s post-Brexit relationship with Great Britain “will continue to present challenges”, particularly on trade as the UK moves to introduce checks and controls on imports. It warned that while Ireland is “a strong supporter” of EU enlargement it also poses a risk to cohesion across the bloc and may lead to changes in how the EU operates. The report said that the most extreme risks to Ireland “are outside exclusive national control”, and as a result, international relations, such as Ireland’s EU membership, are important. The development of the National Risk Assessment is overseen by a group of departmental officials and members of relevant agencies, chaired by the Department of the Taoiseach. A proposed list of strategic risks is drafted which is then published for public consultation, which took place from December 7 2022 to February 17 2023. The proposed risks are then reviewed and further considered by Government departments and agencies, and the final draft was considered by government on July 25. Read More Charity boss speaks out over ‘traumatic’ encounter with royal aide Ukraine war’s heaviest fight rages in east - follow live Harry and Meghan ring young online innovators after funding awards James Bulger’s mother condemns ‘disgusting’ AI clips on TikTok of murdered son Police use AI camera van to spot drivers using mobile phones
2023-08-03 01:53
Metal detectorist finds mystery rock that turns out to be worth more than gold
Metal detectorist finds mystery rock that turns out to be worth more than gold
Metal detecting can be a pretty thankless task, with most enthusiasts lucky if they find a couple of quid or an old belt buckle. But for one man in Australia, the experience was out of this world. David Hole was out digging for gold in Maryborough Regional Park, near Melbourne, back in 2015 when his trusty detector alerted him to a strange, red-brown rock embedded in some yellow clay. Hole took the mysterious boulder home with him and did his utmost to crack it open, using a rock saw, a sledgehammer, a drill, and even dousing it in acid, according to Science Alert. And yet, nothing left so much as a dent. Admitting defeat years later, in 2018, Hole took his find to the Melbourne Museum, hoping someone there could explain its impenetrability; convinced it contained a golden nugget. However, the discovery was far more significant than a precious metal: it was a 4.6 billion-year-old glimpse at the birth of our solar system – a rare meteorite that had crashed down to Earth. The museum’s geologists, Dermot Henry and Bill Birch, said they grew excited as soon as Hole pulled the enigmatic rock from his rucksack. Speaking to the Sydney Morning Herald back in 2019, Henry recalled: "It had this sculpted, dimpled look to it. "That's formed when they come through the atmosphere, they are melting on the outside, and the atmosphere sculpts them." Meanwhile, Birch told the paper he knew the specimen was special as soon as he held it. “If you saw a rock on earth like this, and you picked it up, it shouldn’t be that heavy,” he said. Testing soon confirmed their suspicions, as well as the composition of this extraordinary chunk of history. In July 2019, the two colleagues published a scientific paper describing the meteorite, which they christened “Maryborough”, after the area where it was found. The space rock, which measures 38.5cm by 14.5cm by 14.5cm, weighs a staggering 17 kg, and after using a diamond saw to slice through it, the experts discovered that it is what is known as an H5 ordinary chondrite. This means that it contains tiny crystallised droplets (chondrules), that were created by flash heating of dust clouds in the early solar system. "Meteorites provide the cheapest form of space exploration. They transport us back in time, providing clues to the age, formation, and chemistry of our Solar System (including Earth)," Henry said in a statement published by Museums Victoria. "Some provide a glimpse at the deep interior of our planet. In some meteorites, there is 'stardust' even older than our Solar System, which shows us how stars form and evolve to create elements of the periodic table. "Other rare meteorites contain organic molecules such as amino acids; the building blocks of life." The scientist added that the Maryborough Meteorite was most likely formed in the asteroid belt between Mars and Jupiter. Despite all of Henry and Birch’s work, plenty of questions surrounding the rock remain unanswered. They don’t know for sure when it landed on Earth, with carbon 14 testing it was between 100 and 1,000 years ago. Still, multiple meteor sightings were reported in the Maryborough district between 1889 and 1951, so it could have crashed down within this relatively recent time period. Whatever its precise origins, the researchers insist it’s worth more to science than its weight in gold. "This is only the 17th meteorite found in Victoria, whereas there's (sic) been thousands of gold nuggets found," Henry told Channel 10 News at the time. "Looking at the chain of events, it's quite, you might say, astronomical it being discovered at all." Birch echoed this sentiment, adding: “When you consider all the events this chunk of rock has experienced since its formation 4.6 billion years ago, it's really mind-boggling that we get the opportunity to hold it and study it today. How good is that?" Sign up for our free Indy100 weekly newsletter Have your say in our news democracy. Click the upvote icon at the top of the page to help raise this article through the indy100 rankings
2023-11-26 23:24
NFL Network and NFL RedZone will be offered direct to consumer on 'NFL+' service
NFL Network and NFL RedZone will be offered direct to consumer on 'NFL+' service
The NFL is making additional moves to reach more fans with direct-to-consumer offerings
2023-08-11 03:49
TikTok CEO says to invest billions of dollars in Southeast Asia
TikTok CEO says to invest billions of dollars in Southeast Asia
JAKARTA Short video app TikTok plans to invest billions of dollars in Southeast Asia over the next few
2023-06-15 10:56
Microsoft Surface Laptop Go 3 First Look: Colors, Component Tweaks, Price Hikes
Microsoft Surface Laptop Go 3 First Look: Colors, Component Tweaks, Price Hikes
Microsoft's Sept. 21 event in New York was all about the AI, but it also
2023-09-22 09:19
Andrew Tate takes dig at women, implies they falsely 'accuse' men of 'human trafficking'
Andrew Tate takes dig at women, implies they falsely 'accuse' men of 'human trafficking'
Andrew Tate also targeted Sophie, a women who accused him of abuse, by suggesting she did not exist
2023-06-12 17:49