According to a blog post posted on Wednesday by Neuralink, Musk's brain-computer interface company, Noland Arbaugh, the first human to receive a brain chip implant, had a problem with the implant, and the amount of data captured in the subject's brain had decreased. Some of the data is lost due to the detachment of some threads implanted in the brain. Despite the reduced capacity of the implants, the company completed a live demonstration of Arbaugh playing chess. According to people familiar with the matter, Neuralink believes one cause may be due to Arbaugh's intracranial pneumocele after surgery. This issue does not appear to pose a threat to its security. But the implant in Arbaugh's brain may face removal. Internally, Neuralink anticipates challenges with its first tests in human patients and remains optimistic that this issue can be addressed.

Coin Network reported: On April 25, Animoca Brands-backed chess strategy game Anichess completed a $1.8 million financing, led by Sfermion and Amber Group, with participation from Fenbushi Capital, Aspen Digital, SNZ Capital, etc., and the new funds will be used to fund game development, marketing activities and team expansion. It is reported that the game was developed by Animoca in collaboration with Chess.com and five-time chess world champion Magnus Carlsen, and uses PvE gameplay, and is expected to launch the second phase and introduce PvP gameplay later in the first quarter of 2024.

On April 25, it was reported that Anichess, a chess strategy game supported by Animoca Brands, completed a $1.8 million financing, led by Sfermion and Amber Group, with participation from Fenbushi Capital, Aspen Digital, SNZ Capital, etc., and the new funds will be used to fund game development, marketing activities and team expansion. It is reported that the game was developed by Animoca in collaboration with Chess.com and five-time chess world champion Magnus Carlsen, and uses PvE gameplay, and is expected to launch the second phase and introduce PvP gameplay later in the first quarter of 2024.

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Bitcoin's puzzling stagnation: what's holding it back? Bitcoin's recent market behavior is like a mystery. Ever since the U.S. SEC approved a slew of SpotBitcoin ETFs, including heavyweights like BlackRock and Fidelity, people have expected a surge in Bitcoin. However, we are witnessing here that Bitcoin seems to be experiencing a long, brooding pause. Its value has been Fluctuation between $41,550 and $43,000 since Jan. 16, a surprisingly narrow range for a Crypto Assets known for its Fluctuation. At the same time, there has been a subtle but noticeable decline in Bitcoin's dominance in the Crypto Assets market. It is no longer the king of the hills, or at least, the hills have become more crowded. Ether and other AltCoins are on the rise, eating into Bitcoin's market share. This trend indicates a shift in traders' strategies that may shift the chess pieces to AltCoin in search of better opportunities, especially in the boom around Ethereum ETFs. On the other hand, institutional interest in Bitcoin is surging. In the first two weeks of 2024, institutional investors poured a staggering $1.25 billion into Bitcoin funds. This vote of confidence speaks volumes about Bitcoin's long-term value. However, contrary to this bullish sentiment is BitcoinMiner, who seem to be in a hurry to sell their Bitcoin. Expectations of increased mining costs following the upcoming Halving in April 2024 could exacerbate this sell-off. This dynamic is interesting on the one hand, with institutional funds clearly pouring into Bitcoin's future, while on the other hand, miners seem to be hedging their bets and may be wary of future uncertainty. Now, let's talk about geography. South Korea seems to be buying Bitcoin like crazy, while Americans seem to be dumping their digital Wallets. This differing behavior is painting a complex global picture of Bitcoin's current state of stagnation. In addition, Bitcoin's technical indicators, such as the Relative Strength Index, are hovering in the "neutral" zone. This is similar to the shrug of the market, indicating a state of equilibrium in which neither optimists (bulls) nor pessimists (bears) can take the helm. Despite its current stagnation, Bitcoin is not immune to sudden changes. Recent reports point out that Bitcoin is vulnerable to short-term price corrections. Bitcoin fell by about $7,000 immediately after the ETF news as short-term holders cashed out their chips. However, long-term holders seem to be poised and steadfast in the ebb and flow of the market. This dichotomy between short-term panic and long-term belief is a central theme in the Bitcoin narrative. Interestingly, the market has also witnessed an influx of Stable Coins into exchanges. Historically, this has often been a prelude to increased crypto asset purchases, It shows that investor confidence is brewing. It's like watching a game of chess, where each player holds their breath and waits for the right moment to make a move. Since the beginning of the year, Stable Coin balances have increased from $18 billion to $20 billion, which is more than just a number. This is a signal, perhaps a harbinger of a bullish trend. When large companies hoard Stable Coins, they usually do so not to hold them, but to prepare for major acquisitions. In the case of Bitcoin, if these Stable Coin reserves start flowing into Bitcoin purchases, this could mean that their value could rise. So we're at the crossroads of Bitcoin. It's a stalemate, a period of contemplation, where each player in the game weighs their options. It's a story of contrasts – institutional confidence versus Miner skepticism, Eastern buying enthusiasm versus Western selling pressure, and short-term unease versus long-term stability. Overall, Bitcoin's current pause is more a reflection of the market's different sentiments and strategies than a judgment on its future. The crypto giant seems to be taking a breather, but the undercurrent is spinning with activity and potential changes. It's a fascinating yet puzzling time for Bitcoin, with every participant, big or small, playing a role in shaping its next big move. (Source: Jai Hamid)

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Gold Finance reported that Jonah, a partner at Game Fund Partners, posted on X that the Immortal Game team exited Web3 games, they raised $15 million, and now they are trying to return to Web2. The Immortal Game team then said in the comment section that, to clarify, we are strong advocates of Web3 and game ownership. But we believe that playing for the sake of making money is not sustainable, especially for chess. We are still actively developing Web3 features for our platform, specifically providing solutions for online chess cheating. More new features will be rolled out in the coming months."

According to PANews on August 23, according to Mashable, the Korean girl group BLACKPINK will launch a virtual space called "Blackpink the Palace" on Roblox on August 25. Players can explore interactive scenes from the girl group's classic music videos, such as the room in "DDU-DU DDU-DU" featuring Jennie's giant chess board and Lisa's bank vault. Additionally, players can mine in-game currency and take selfies with in-game avatars of Jisoo, Jennie, Rosé, and Lisa. Fans who visit within the first 24 hours will receive a special badge. It is worth mentioning that BLACKPINK is the third K-pop group to open an interactive fan center on Roblox after NCT 127 and Twice. This time, "Blackpink the Palace" was jointly produced by Metaverse Studio Karta and YG PLUS.

According to news from Xinhuanet Beijing on July 29, the domestic Go AI chess-playing robot "SenseRobot" defeated the world champion Chen Yaoye in the middle game. After the game, Chen Yaoye said frankly that the opponent gave him a lot of oppression from the layout stage, which made him restricted almost every shot, "difficult to parry", and finally had to admit defeat. "Chess Master" Nie Weiping, who gave a wonderful explanation for this duel on the spot, also said after the game that the domestic Go artificial intelligence has reached a relatively high level. "Judging from today's situation, the AI made decisive moves, and Chen Yaoye didn't have many chances, so it's not surprising that he lost in the end.

Odaily Planet Daily News New York company Digital Asset, which was previously responsible for developing a blockchain clearing system for the Australian Stock Exchange (ASX), blamed ASX for canceling the plan and blamed ASX for its failure. Meanwhile, ASX representatives pushed back, saying Digital Asset's claims were misleading. Since 2017, the ASX has been working with DLT specialist Digital Asset to replace its CHESS post-trade settlement system with a blockchain platform. However, on May 17, the ASX announced that it would no longer attempt to rebuild its software platform with blockchain-based technology, possibly turning to more traditional technologies. According to a recent report by The Australian, Digital Asset co-founder Eric Saraniecki told attendees at the Parliamentary Joint Committee on Enterprise and Finance on June 8 that the blockchain upgrade failed for two main reasons. First, Saraniecki claimed that ASX was unwilling to hand over important test data that would have allowed Digital Asset to better test the functionality of the new system: "This affected our ability to design a product that met all of their requirements." He said he wasn't sure why the ASX was so reluctant to hand over the key figures, but it ultimately led to Digital Asset having to "just assume things out of thin air". Second, Saraniecki said that while the ASX was openly talking about a "big bang" approach to replacing its nearly 30-year-old CHESS platform, it was simultaneously telling Digital Asset to retain outdated elements of the old system. This reportedly led to further feuds between the two companies and the eventual failure of the upgrade implementation. However, ASX non-executive director David Curran said the problem was that Digital Asset had not adequately communicated their concerns. Curran said he had made it clear to "senior members of Digital Asset" and others that if there were concerns about the project, there should be some way to raise and address them. ASX managing director and chief executive Helen Lofthouse said it wasn't "flexible requirements" that were causing the challenges in the project, but factors such as pre-existing requirements of the system itself. Lofthouse explained that the November 17, 2022, decision to suspend upgrades was announced because the original solution design "didn't meet our needs to be flexible enough to meet current market needs." While it has been widely reported that ASX has abandoned blockchain technology entirely, ASX chief information officer Tim Whiteley told Australian technology publication ITNews that “ASX has not made a definitive decision (on this)”. Whiteley added: "We will announce the solution design in the last quarter of this year, and we will continue to explore all the options included in that design." In November last year, it was reported that ASX canceled the blockchain stock settlement and clearing system (CHESS settlement system upgrade) project, saying, "After further review, including considering the findings in the independent report, we have concluded that the path we are taking will not Meeting the high standards of the ASX and the market, and having to address significant technical, governance and delivery challenges." (Cointelegraph)

According to a CoinDesk report on June 22, Anichess, a subsidiary of Animoca Brands, completed a $1.5 million seed round of financing, with participation from GameFi Ventures, Coin Operated Group, Koda Capital, Bing Ventures, 708 Capital, and Asymmetry Capital. Funds from this round of financing will be used for team expansion and the development of a decentralized chess game. It is reported that Anichess is a free-to-play community game jointly developed by Animoca Brands, Chess.com's Play Magnus Group and its Champions Chess Tour. It plans to release an Alpha version in the first quarter of 2024.