Ether (ETH) has dropped roughly 65% against Bitcoin (BTC) since Ethereum’s 2022 shift to Proof-of-Stake (PoS), casting doubt on the network’s “ultrasound money” thesis. Key takeaways: ETH/BTC three-day performance chart. Source: TradingView Ether’s ultrasound money narrative disappoints The idea behind “ultrasound money” was that Ether would become even scarcer than Bitcoin. Supporters argued that Ethereum’s … Read more
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EXCLUSIVE: 6th & Idaho, the production company founded by The Batman director Matt Reeves, is developing a feature film about the 1942 summit between Winston Churchill and Joseph Stalin. The movie about the Moscow meeting — a pivotal moment that led to the Allied victory three years later — is based on a script by … Read more
Bitcoin’s circulating supply surpassed 20 million coins on March 9, a milestone that places 95% of all BTC that will ever exist into the hands of holders and leaves fewer than 1 million coins still to be mined before the network reaches its hard cap of 21 million. The milestone was reached at block height … Read more
The world’s biggest private equity sports business, CVC’s Global Sport Group, has been valued at €7bn after a complex financing deal that will see a KKR-owned insurer and bond giant Pimco inject about €3bn of debt. The deal comes after CVC had spent months trying unsuccessfully to sell a large stake in GSG at a … Read more
Tokenized stocks have surpassed $1 billion in total value on-chain, marking a new milestone for the fast-growing real-world asset (RWA) sector. Data from RWA.xyz shows the value of tokenized equities climbing past the $1 billion mark, as platforms offering blockchain-based exposure to traditional stocks attract more trading activity and liquidity. Much of that activity is … Read more
Adolescence‘s awards streak continues after the Netflix series bagged six nominations at the Royal Television Society Programme Awards. Jack Thorne and Stephen Graham’s knife-crime drama has won Emmys and Golden Globes, and will now compete for prizes in the UK when the RTS Awards takes place on March 24. Adolescence’s six nominations include Graham in … Read more
Billot took these outputs as designs, which he then tried to recreate through material garments — effectively turning the most common AI-assisted design process on its head, so that the AI becomes the designer and the human handles its execution. “I don’t think AI is just a tool. I think you can use it as a tool, … Read more
Wardle had tried cryptic crosswords when he was younger, but found them to be impenetrable. “I didn’t know how to begin,” he told me. The rules could seem arcane, almost impossible to deduce. A clue containing the word “radio” could signal that “am” or “fm” belongs somewhere in the answer; “book” could imply “ot” or … Read more