Author: Anmol Khatiwada

UK Government Invites Public Input on AI Training and Copyright Regulations

The UK is asking for public input on AI training and copyright laws by proposing options like free use of copyrighted work, opt-out rights for creators, or stricter licensing. Creators fear AI companies could exploit their work unfairly, sparking debates about balancing innovation with protecting creative rights. Feedback’s due by Feb next year.

The UK government is stirring up the AI and creative industries with a new consultation aimed at rethinking copyright laws. Launched on December 17, this initiative invites public feedback on how AI models should handle copyrighted materials. With responses open until February 25, 2025, the debate is heating up.

Peter Kyle, the UK’s Secretary of State for Science, Innovation, and Technology, admitted that the current framework isn’t doing enough for creators or AI developers to thrive globally. To fix this, the government has floated four policy options: allowing AI to use copyrighted work freely, giving creators the right to opt-out, tightening copyright laws to require licenses for AI training, or tweaking the current framework.

Not everyone’s a fan. Critics like Ed Newton-Rex, British composer and CEO of Fairly Trained, think some options give AI companies way too much power. He argues they could exploit creators’ work without permission. Owen Meredith, CEO of the News Media Association, says the focus should be on better enforcement of existing laws instead of risking new ones

As AI and copyright collide, the question is clear: how can we boost innovation without leaving creators in the dust? Now’s your chance to weigh in.


Also Read: ITAT Rules Crypto as Capital Assets – What It Means for Indian Investors

PRCL Coin Skyrockets After Coinbase Listing Announcement

Parcl (PRCL) just got listed on Coinbase, and its price shot up to $0.5618, a 5.08% increase. Trading started on December 17, 2024, on the Solana network (SPL token). With a $120 million market cap and a 46% rise in trading volume, PRCL is getting major attention.

Big news for Parcl (PRCL) holders! Coinbase, one of the top U.S. crypto exchanges, just announced that it will list Parcl on the Solana network (as an SPL token). Trading started on December 17, 2024, and PRCL’s price immediately jumped 5.08% to $0.5618.

This listing is a major boost for Parcl, which saw a notable rise in trading volume—up 46% to $114 million in just 24 hours. If you’re looking to trade, make sure to use the Solana network’s correct contract address: 4LLbsb5ReP3yEtYzmXewyGjcir5uXtKFURtaEUVC2AHs. Otherwise, you might risk losing your funds.

PRCL’s market cap hit $120 million, showing solid growth as it gains attention in the crypto space. But note, not all regions will have access to Parcl trading, so check if you can buy and sell in your area.

The price of PRCL also saw some fluctuation—hitting a low of $0.5055 and peaking at $0.6119—but overall, it’s trending up. This listing marks a big step for Parcl’s growth, and many are watching to see how it performs in the coming days. If you’re into PRCL, now’s the time to keep an eye on it!

You might like: Pengu Token Airdrop: Could $20K Really Grow to $50K?

Pengu Token Airdrop: Could $20K Really Grow to $50K?

People are hyped over a Pudgy Penguin (PENGU) token farming hack claiming $20K in plushies could flip to $50K. But it’s all shaky math—actual NFT rewards might be worth $0.50, not $50. Plus, the refund trick raises red flags and ethical concerns. TL;DR: Risky move, probably not worth it.

Crypto Twitter’s buzzing about a controversial Pengu token (PENGU) farming trick that claims a $20K spend on Pudgy Penguin merch could turn into $50K. Sounds too good to be true? That’s because it probably is.

Here’s the deal: By buying 1,000 Pudgy plushies and figurines, you’d get linked NFTs that supposedly earn $50 each in the PENGU airdrop. Do the math—$50K in tokens for a $20K investment means a $30K profit, right? But there’s a massive catch. This plan assumes you can bulk-buy, scan all the QR codes, and return the items to Amazon without issues. Oh, and it also assumes the token value will actually be $50 per NFT. Spoiler: it won’t.

Crypto insiders say PENGU’s likely worth closer to $0.50 per NFT, slashing potential profits to nearly nothing. Plus, trying to game the system this way could hurt the Pudgy Penguin community, causing artificial demand and leaving legit buyers in the dust.

To make things messier, Pudgy boxes in some New York stores are already being tampered with—QR codes stolen! Instead of shady refund schemes, some suggest donating the toys to charity and keeping things ethical.

Bottom line: This hustle isn’t worth the risks. Don’t let FOMO lead you into a bad move.

Also Read: Ledger Wallet User Loses $2.5M in Bitcoin and NFTs to Phishing Scam

Can RLUSD Launch Propel XRP Past the $3 Mark? XRP Price Forecast

Ripple’s RLUSD stablecoin launches today. Its creating major hype in the crypto space right now. Plus, XRP is already up 135% this month, is targeting $3, nearing its all-time high of $3.317 from 2018. With RLUSD’s regulatory backing and massive user base, analysts believe XRP could hit new highs soon.

The crypto buzz is real as Ripple drops its much-awaited stablecoin, RLUSD, today. This is Ripple’s first-ever stablecoin, and it’s got the XRP fam hyped. Plus, their token comes with legit regulatory backing from the NYDFS and will be up for grabs on platforms like Uphold and MoonPay.

Meanwhile, XRP is on fire! It’s up a massive 135% in just a month, breaking past $1 in mid-November and racing towards $3. After touching $2, XRP took a dip to $1.98 on Dec 10 but bounced back strong to $2.5 right as RLUSD hype hit. Now, all eyes are on the $3 mark—XRP’s next big hurdle.

If XRP clears $3 and holds, we might see it smash its all-time high of $3.317 from way back in January 2018. With RLUSD’s launch boosting confidence and liquidity, analysts think this could finally be XRP’s moment to shine after years of struggles.

You might like : Australia Unveils National Plan to Boost AI Industry Growth

Australia Unveils National Plan to Boost AI Industry Growth

Australia’s dropping a National AI Capability Plan to level up its AI game by boosting skills, research, and investments. The goal? Strengthen supply chains and rake in billions for the economy by 2030. But critics say the 2025 deadline is too slow for AI’s fast pace. Time to speed things up!

Australia’s getting serious about AI with its new National AI Capability Plan. The plan is aiming to boost its AI industry and catch up with global competition. The plan’s focus? Upskilling the workforce, driving innovation, and attracting investments to secure the country’s supply chains and critical infrastructure. It’ll also review current government support to see if it’s helping or holding things back.

The plan’s set to wrap up by 2025, but some experts aren’t thrilled with the timeline. Simon Bush, CEO of the Australian Information Industry Association, says the review needs to be done by July 2025 because waiting until 2027 could be too late in the fast-moving world of AI.

Australia has around 650 AI companies already, but to really make a mark, it’ll need to up its game. AI and automation are predicted to boost Australia’s GDP by hundreds of billions by 2030, so there’s big potential. The plan will also aim to increase AI literacy and identify key research areas across universities and businesses.

The clock’s ticking, and while Australia’s making moves, it needs to act fast to keep up with the AI boom. 💡🔍

Also Read: Ledger Wallet User Loses $2.5M in Bitcoin and NFTs to Phishing Scam

Trump’s DeFi Push Fuels $45M December Crypto Buying Frenzy

A massive $45 million December cryptocurrency binge by Trump’s new DeFi project named World Liberty Financial, is finally moving ahead by purchasing assets including big names like ETH, ONDO and LINK. It did face some trouble selling its WLFI token but Justin Sun’s $30 million investment helped it make tons of money. Finally,the collaboration with AaveDAO is setting its point towards enhancing lending and borrowing.

With a $45 million cryptocurrency buying binge this month, Donald Trump’s DeFi project, World Liberty Financial is finally taking significant big step action. Trump is also serving as its “chief crypto advocate” and his kids as its “ambassadors,” the initiative has amassed $30 million in Ethereum, $10 million in cbBTC, and smaller amounts of tokens such as Ondo (ONDO) and Ethena (ENA). Their most recent purchase? A day after obtaining $500K of ENA, $250K of ONDO was acquired.

World Liberty, launched in September, is aiming to become the go-to DeFi platform for trading crypto. But it’s not all smooth sailing—its WLFI token sales are lagging, with less than 25% of its $300M goal reached. Still, it scored a major win when Justin Sun, founder of Tron, invested $30M and became its top backer. Sun’s now an official advisor, despite his history with the SEC over alleged unregistered securities.

To keep the momentum, World Liberty got AaveDAO on board to create its own version of the Aave protocol, enabling borrowing and lending for crypto staples like Ether and USDC. With promises of juicy revenue splits for AaveDAO, this partnership might be the boost Trump’s crypto empire needs. It’s a bold bet—let’s see if it pays off.

You might like: Bitcoin Traders Eye $120K Amid Bullish Momentum of ‘Santa Claus Rally

Bitcoin Traders Eye $120K Amid Bullish Momentum of ‘Santa Claus Rally

Bitcoin recently broke beyond the $106K mark, and traders are anticipating $120K during this year’s traditional “Santa Claus Rally.” The enthusiasm is being fueled by big actions like Bitcoin ETFs, Trump’s alleged federal reserve plan, and businesses like MicroStrategy going all in. As institutions and investors flood the market, experts predict that Bitcoin might reach $125,000 by the following year.



Bitcoin is booming; earlier this week, it reached an incredible $106K, and now, traders are aiming for $120,000. As Bitcoin continues its historic year-end bull run, December’s ultimate “Santa Claus Rally” is well underway. Bitcoin has ended December in the green six times in the last eight years, with gains as insane as 46% around four years ago. There is a lot of déjà vu in this month’s activity.

Why is this rally so juicidal? Well its a combination of major moves and hype. While cryptocurrency behemoths like MicroStrategy and Riot Platforms are investing billions of dollars in Bitcoin, rumors of Trump establishing a federal Bitcoin reserve are igniting interest. As U.S. regulations become more crypto-friendly and traditional finance finally wakes up to the crypto game, Bitcoin ETFs are also anticipating massive inflows.

Experts say this is just the start. With institutions and high-net-worth peeps slowly warming to putting even 1%-3% of their portfolios into crypto, the demand could skyrocket. Add in China’s stimulus spending and a pro-crypto vibe from global policies, and BTC’s path to $125K by next year is looking solid.

Long story short: Bitcoin’s in beast mode, and this rally might just break the charts.

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Former Thailand PM Urges Crypto Study to Stay Relevant in the Digital Age

Former Thai PM Thaksin Shinawatra urged the government to study cryptocurrencies to stay relevant globally. He highlighted the rise of digital assets and the potential impact of global trade changes. Thailand’s government has already started experimenting with crypto, including regulatory sandboxes and digital cash distribution to citizens.

Former Thailand Prime Minister Thaksin Shinawatra recently gave his perspective on crypto during a talk held at the Intercontinental Hotel in Hua Hin. He especially urged the Thai government to quickly dive into the world of digital assets else it’ll be too late too soon. He also added not necessarily buying crypto, but by studying it to stay relevant in a rapidly digitizing world. He pointed out that we might have more cryptocurrencies than countries in the future and that Thailand needs to understand this shift.

He also mentioned global challenges, like trade tariffs from the U.S. and even the idea of using Bitcoin to pay off national debts, to further clarify his points. He believes doing so will set Thailand to explore digital currencies. The rise of digital assets is definitely undeniable, with categories now outnumbering countries.

Thailand’s already been making moves to embrace the digital economy. In August this year,the country’s Securities and Exchange Commission (SEC) set up a crypto sandbox, letting businesses test digital assets in a relaxed regulatory environment. Plus, the government’s distributed digital cash to 45 million residents, and Kasikornbank became the first licensed crypto custodian. With more institutional crypto moves in the works, Thailand’s clearly making a play to become a player in the digital economy.

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NFT Sales Surge 16% Amid Crypto Market Turbulence

NFTs are back in the spotlight, with sales shooting up 16% this week and hitting a massive $224 million in trading volume. Even though the crypto market has been a wild ride—Bitcoin bouncing over $100K and Ethereum pulling back from its $4K high—NFTs are holding their ground and thriving.


Ethereum-based NFTs are still the MVPs, leading the charge with $118M in sales, up by 21%. Bitcoin’s NFTs aren’t far behind, raking in $52M. Solana, the rising star, had a 31% spike in sales, bringing in $22M. And guess what? Some underdog networks like Mythos Chain and ImmutableX are also making their mark with $11M and $8.5M in sales, respectively.

One collection that’s absolutely killing it is Pudgy Penguins. They saw a 45% jump in sales, hitting close to $30M. What’s their secret? They’ve gone beyond digital art and started selling physical merch and toys. It’s clear that blending the digital and physical worlds is a winning formula for them.

This surge shows NFTs are more than just a passing fad. Even with the sudden shifts in crypto, NFT market is proving time and again that it’s here to stay. More networks and creators are backing it up claiming there’s room for innovation and growth. Whether it’s art, collectibles, or new tech, NFTs are carving out a solid place in the digital economy. If this momentum keeps up, it’s safe to say NFTs are becoming a legit part of the future.

Also Read: Bitcoin to $180K? VanEck’s Forecast Brings the Hype—But Mind the Crash

OpenAI Whistleblower’s Death Sparks Controversy, Elon Musk Weighs In

Suchir Balaji, a 26-year-old ex-OpenAI researcher, died by suicide, sparking reactions, including Elon Musk’s. Balaji accused OpenAI of copyright violations in AI training. His criticism aligns with lawsuits by NYT and Musk against OpenAI, who claim it strayed from its nonprofit mission. OpenAI counters Musk’s lawsuits as competitive power plays.

Suchir Balaji, an ex-OpenAI researcher and whistleblower, was found dead in his San Francisco apartment. Authorities are concluding it as a suicide case but there’s more depth and has the world buzzing over this, with Elon Musk even calling it out on X. Balaji had recently criticized OpenAI for its sus copyright issues, he basically said the company used original content without proper rights to train its AI models. He raised concerns about their “fair use” policy, saying AI could end up replicating copyrighted works, sparking debates on ethics in generative AI.

Balaji’s name also surfaced in The New York Times lawsuit against OpenAI, where he was listed as someone with inside info on their practices. This came right after he slammed the company in an interview, accusing it of crossing the line in the name of innovation.

Meanwhile, Elon Musk, has been at odds with the company since it shifted to a for-profit model about five years ago. Musk, who now runs his own AI startup, has filed multiple lawsuits against OpenAI, claiming it betrayed its mission to benefit humanity. OpenAI clapped back, accusing Musk of wanting control and equity from day one.

It’s a mix of AI drama, ethical dilemmas, and a tragic loss.

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