Seven members of the United States Senate have called on the Treasury Department and Internal Revenue Service (IRS) to advance a rule imposing certain tax reporting requirements for crypto brokers “as swiftly as possible”.
In an Oct. 10 letter to Treasury Secretary Janet Yellen and IRS Commissioner Daniel Werfel, a group of U.S. senators including Elizabeth Warren and Bernie Sanders criticized a two-year delay in implementing crypto tax reporting requirements, which are scheduled to go into effect in 2026 for transactions in 2025. The lawmakers claimed delaying implementation of the rules could cause the IRS to lose roughly $50 billion in annual tax revenue, and continue policies allowing bad actors to avoid paying taxes.
“While we applaud the substance of the proposed regulations and your agencies’ efforts to ensure taxpayers continue to report crypto activity, we are deeply concerned that the final rule will not become effective until 2026,” said the letter. “[A]ny delay would give crypto lobbyists even more opportunity to undermine the Administration’s efforts to impose basic reporting requirements on the nearly unregulated crypto sector, at a time when the industry is already pushing to repeal the recently enacted reporting requirements. The time to act is now.”
Warren took to X (formerly Twitter) on Oct. 11 to refer to crypto as “the not-so-secret financial weapon” funding Hamas amid the group’s war with Israel. Following requests from Israeli law enforcement, crypto exchange Binance announced it had frozen accounts linked to Hamas on Oct. 10.
It’s alarming and should be a wakeup call for lawmakers and regulators that digital wallets connected to Hamas received millions of dollars in cryptocurrencies. https://t.co/yUVSIElI8v
The crypto reporting requirements, proposed by the IRS in August, were still open to public comments until Oct. 30. Brokers would be required to “help taxpayers determine if they owe taxes” through crypto as well as report information on digital asset transactions. Representative Patrick McHenry, currently acting as interim House Speaker following Republican lawmakers voting to declare the office vacant, has criticized the measure as an “attack on the digital asset ecosystem”.
That means that pride-themed jerseys that support the LGBTQ+ community will no longer be worn. It should be noted that this is the same for all other themed nights, whether it be military appreciation, heritage nights, Hockey Fights Cancer or other causes for support.
However, the NHL sent out a new memo to players that included a ban on pride-themed tape to wear during Pride Nights.
In June, NHL commissioner Gary Bettman cited a reason to keep the focus on the ice, as players opting not to wear Pride-themed jerseys had become a “distraction.”
A view of the stick of Washington Capitals right wing Tom Wilson displaying rainbow stick tape as part of Pride Night during warmups prior to the Capitals’ game against the Boston Bruins at Capital One Arena. (Geoff Burke-USA TODAY Sports)
But two of the game’s biggest stars disagree with the NHL’s latest move.
Edmonton Oilers star and defending Hart Trophy (MVP) winner Connor McDavid said that he’s “always enjoyed” the nights in his home building.
“Whether that’s Pride Night or Military Night or Indigenous Night, all the various nights that we’ve had and had a chance to celebrate. I’ve always enjoyed them,” McDavid told reporters on Tuesday. “I can’t speak for everybody else or the league or anything like that, but it’s something that I’ve always enjoyed.”
McDavid said he’s “expressed disappointment” for not being able to wear the “specialty jerseys” and wants them back.
“Is it something that I’d like to see put back into place one day? Certainly. But that’s not the way it is right now.”
Connor McDavid, #97 of the Edmonton Oilers, waits for a faceoff in the first period of Game Five of the Second Round of the 2023 Stanley Cup Playoffs against the Vegas Golden Knights at T-Mobile Arena on May 12, 2023, in Las Vegas, Nevada.(Ethan Miller/Getty Images)
Boston Bruins captain Brad Marchand said players should “support who and what you want to support” and does not think “we need to be used to push political agendas” However, he added that it’s “unfortunate we can’t find common ground.”
“I think where a lot of it comes from is the backlash that the players got in the previous years. It’s just unfortunate. You try to stand up for what’s right, and you get a lot of backlash, one way or another. Right now it just seems like you can’t win. . . .” he said on Wednesday.
“But to be pushed through something you don’t want to do, or to be banned from something you do believe in – there’s got to be a line where we can all have our beliefs and support each other and be OK and not have tension between the sides. It’s just unfortunate that we can’t find common ground right now.”
Marchand added: “It would be nice with the certain nights we have across the league to support different things and support different people. That’s OK. It’s just tough when you can’t win either way. I understand both sides of it. It’s unfortunate that we can’t get along on some of these topics. But that’s the way it is these days.”
Brad Marchand, #63 of the Boston Bruins, skates against the Ottawa Senators at the TD Garden on February 20, 2023, in Boston, Massachusetts.(Steve Babineau/NHLI via Getty Images)
Philadelphia Flyers Defenseman Ivan Provorov brought the issue to light when he refused to wear the team’s Pride-themed jersey during warm-ups in January, citing his Russian Orthodox religion. His jersey became one of the league’s best sellers shortly after his stance.
Several teams backtracked their originally planned Pride Night spectacles, while other players among several teams opted not to do so, citing both religion and safety concerns.
Investing legend Paul Tudor Jones has revealed that he’s bearish on stocks and bullish on gold and Bitcoin (BTC).
The two main reasons he cites are the potential for an escalation of the conflict between Israel and Hamas, and subpar fiscal conditions in the United States. While an inverted yield curve wasn’t included in Tudor’s comments, it’s yet another important factor for investors to consider.
In a recent interview with CNBC, Jones mentioned the factors he’s keeping an eye on with regard to the Israel-Palestine conflict before deciding that market uncertainty has been reduced. His general thesis is that if things escalate further, a risk-off sentiment could prevail in financial markets.
Despite the potential for geopolitical tensions escalating in the near-term, the major U.S. indexes have all posted gains for the first two trading days of this week. If Jones is right, this rally will likely be short-lived.
The yield curve remains deeply inverted
One of the greatest predictors of recession historically has been the yield curve. Every recession since 1955 has been preceded by an inversion of the curve between the yields of the 2-year and 10-year Treasury Bonds.
In July, the 2s/10s yield curve for US Treasuries hit a low of 109.5 basis points (BPS). This level had not been seen since 1981. While this inversion has since steepened, things still look bad from the perspective of shorter duration Treasuries.
The 1-month and 3-month US T-bills are currently yielding close to 5.5%, while the 2-year note is yielding close to 4.96%. The 10-year is yielding 4.65%, meaning the 2s/10s curve is inverted by 31 BPS.
A flatter yield curve compresses margins for banks because it limits their ability to borrow cash at lower rates while lending at higher rates, which can lead to restricted lending activity and a resulting economic slowdown. It also means that investors are less optimistic about the near-term future of the economy, as they sell shorter duration debt, causing yields to rise.
The Federal Reserve’s attempt to fight inflation by raising rates at the fastest pace in modern history has also played a role. Higher rates create additional stress on the banking system, which has seen 3 of the 4 largest collapses in U.S. history this year alone with the failures of Signature Bank, First Republic Bank, and Silicon Valley Bank.
Some market observers speculate that the Fed will have to begin lowering rates as soon as early 2024 to prevent further economic fallout, even if inflation has not come down to the Fed’s desired level.
Easier monetary policy and its corresponding liquidity boost tends to be bullish for crypto markets. If rates do fall going into the 2024 Bitcoin halving cycle, the stage could be set for significant market moves.
Bitcoin and gold remain the preferred safe havens
Amidst all this chaos, gold and BTC have remained resilient.
BTC has fallen 2% in the last two trading days, being flat over the last 5 days, while gold is up 2% during the same time.
Paul Tudor Jones summarized his position on gold and BTC, saying:
“I can’t love stocks,” he said, “but I love bitcoin and gold.”
The billionaire has said on the record that he maintains a 5% allocation to BTC and he sees gold and BTC as being safe haven bids during uncertain times. Tudor first announced that he made a 1% allocation to BTC in May of 2020 during the COVID pandemic lockdowns.
All things considered, Paul Tudor Jones could be right. Time will tell if his bearish call for equities plays out, or if risk-on sentiment somehow prevails in spite of recent events.
This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.
A member of the Chicago Cubs’ security team was hospitalized Tuesday after coming into contact with what the team said was a “foreign substance.”
The employee “detected” the substance “that was contained in a small package” delivered to offices next to Wrigley Field.
The team, in a statement, said it “prompted a Chicago Fire Department hazmat response,” and the employee was transported to Illinois Masonic Hospital by ambulance and has since been released.
A hat and glove of a Chicago Cubs player on the dugout steps before a game against the Chicago White Sox at Wrigley Field Aug. 15, 2023, in Chicago.(Jamie Sabau/Getty Images)
Police said the substance was a “skin irritant,” and the team said the employee had an “allergic reaction.”
“At this time, we have not been asked to leave the building or shelter in place while the safety assessment and investigation is underway,” the team said, via ABC 7 in Chicago.
Another report said nearby streets were blocked off, according to a post on X, formerly Twitter, at 6:44 p.m. ET.
Wrigley Field during a game between the Chicago Cubs and the Cincinnati Reds Aug. 2, 2023, in Chicago. (Matt Dirksen/Getty Images)
The Cubs’ offices are adjacent to Wrigley Field on the west side of the ballpark.
The Cubs narrowly missed out on the postseason this year, finishing just one game behind the Arizona Diamondbacks, who earned the sixth and final seed.
The D-Backs are leading the NL West rival Los Angeles Dodgers 2-0 in a best-of-five NLDS after winning each of the first two games in southern California.
The marquee outside Wrigley Field before a game between the St. Louis Cardinals and Chicago Cubs June 5, 2022, in Chicago. (Jeffrey Phelps/MLB Photos via Getty Images)
Chicago’s 83 wins were its most since it won 84 in 2019, but it’s the third consecutive season the Cubs missed the postseason. They’ve made the postseason just once since 2018, during the truncated 60-game season in 2020.
All Elite Wrestling faced backlash over a segment involving Juice Robinson as he tried to play up his rivalry with Maxwell Jacob-Friedman (MJF) during their show on Tuesday night.
Robinson was in the ring with his Bullett Club Gold faction members. Jay White, who stole MJF’s AEW World Championship belt, had words for his upcoming opponent. Then, Robinson took the mic.
“And Friedman, before you leave, Friedman … I heard through the grapevine that next week there’s Dynamite Diamond Dozen Battle Royal baby! For a chance to win that stupid ring you care about so much,” he said.
Juice Robinson enters the ring during the New Japan Pro-Wrestling – G1 Climax 32 Final at Nippon Budokan on August 18, 2022, in Tokyo, Japan.(Etsuo Hara/Getty Images)
“So, throw my name in ‘cus I’m going to win the battle royal, I’m going to whoop you’re a–, I’m gonna take your ring and we’re gonna have everything that you love you idiot. And then, guess what? When that’s all done I’m gonna give you a little present – something you’re really gonna like. I already got it wrapped.”
Robinson reached into his pocket to pull out a roll of quarters with “Freidman” emblazoned on the side. The crowd was silent with a small tinge of boos being heard in the arena.
The wrestler’s use of a roll of quarters as a weapon dates back to his days with New-Japan Pro Wrestling. Furthermore, Cageside Seats noted that MJF, who is Jewish, mentioned in a promo in 2019 on AEW Dark how he would get bullied in football practice and have quarters thrown at him.
One fan at an AEW show held up a sign last month that read, “MJF, I dropped a quarter.”
The angle received criticism among wrestling fans on social media as it came after Hamas launched a terror attack on Israel, killing more than 1,000 Israelis and several Americans. Israel has since declared war on Hamas and launched airstrikes on Hamas.
“Hi Max – The outrage with this angle is not with you, it’s with Juice. We know you will tell a heroic tale and raise awareness.
“However, there are a lot of impressionable young viewers that think that Juice Robinson is ‘Super Cool’ and don’t like you due to your years as a bad guy. I’m concerned that ‘joke’ may justify antisemitic behavior with that impressionable audience.”
Since the segment, MJF put out two posts on X. All Elite Wrestling didn’t immediately return a request for comment from Fox News Digital.
“Tonight that piece of s—, Juice Robinson decided to bring up a story from my childhood that has left me scared,” he wrote with a photo of his upcoming speaking engagement at Gillette Stadium. “I’m glad he did. He brought awareness to something we’ve all gone through in one way, shape or form in our lives.
Juice Robinson speaks during the New Japan Pro-Wrestling Press Conference on July 14, 2022, in Tokyo, Japan.(Etsuo Hara/Getty Images)
“On behalf of anyone who’s ever been bullied for being different in any capacity. I look forward to leaving him scared too. I also look forward to this Thursday #StandUpToJewishHate.”
Later, MJF contrasted his situation with WWE in 2005 when it used a terrorist angle that coincided with the bombings in London. The character was dropped amid pressure, and the man who played him was later released.
“Muhammad Hassan was portraying an evil Muslim terrorist,” he wrote. “I’m actually Jewish. I’ve actually gone through this. This is my real life!!!!! MY STORY!
“And I Look forward to giving Catharsis to every single person who’s ever been oppressed or bullied. If you think I’d play with that or take it lying down or WORST OF ALL Hide from the hard conversations like a coward… You’re on crazy pills.
“I look forward to the hard conversations this starts and creates. I look forward to people being further educated. My life’s work is to stand up to any and all injustices done to people due to something as Stupid as being different.
Wrestler Maxwell Jacob Friedman visits the SiriusXM Studios on August 21, 2023 in New York City.(Cindy Ord/Getty Images)
“To anyone that thinks that can’t be done through the avenue of professional wrestling. Then that’s an indictment on things that have happened in this sports past. I look forward to bringing this sport into the present. I look forward to knocking Juice Robinson’s teeth down his throat. And most of all I look forward to getting back the Triple B!”
Ryan Gaydos is a senior editor for Fox News Digital.
The ongoing Israeli-Hamas war witnessed a surge of hostilities over the weekend as Palestinian terrorists launched a surprise attack on Israel, which the Israeli prime minister called the deadliest offensive in 50 years.
The attack, dubbed Operation Al Aqsa Flood by Hamas, involved over 3,000 rockets, drones and commando raids that have targeted Israeli cities, military bases and infrastructure.
In response, the skies lit up with the action of the Iron Dome, Israel’s air defense system, neutralizing a significant number of incoming threats with a reported interception rate of 90%, according to the Israeli military.
Here’s how Israel’s iron dome defense system works.(CyberGuy.com)
Why Israel made the Iron Dome
The creation of the Iron Dome was spurred by the need to shield Israeli civilians from the unrelenting fire of mortars and rockets, chiefly from militants in Gaza and Hezbollah fighters in Lebanon. It made its interception debut in April 2011, neutralizing a Grad rocket headed for Ashkelon from Gaza. Since then, it has been a key player in Israel’s defense strategy, intercepting thousands of projectiles.
How it works
The Iron Dome operates through a sophisticated radar system that detects incoming projectiles from approximately 40 miles away, calculates their trajectories and discerns their potential threats. It is a vigilant device that springs into action, firing a launcher containing 20 interceptor missiles to intercept any rocket deemed dangerous. Remarkably, it is designed to conserve its ammunition, holding fire on projectiles heading toward uninhabited regions.
The financial facet is as hefty as the technological one, with each intercepting missile costing around $40,000 to $50,000. As of mid-2021, Israel deployed ten of these systems, each capable of guarding a vast area, ready to respond to aerial threats in any weather condition.
How the USA funds the Iron Dome
Originally a solo endeavor by Israeli firms Rafael Advanced Defense Systems and Israel Aerospace Industries, the Iron Dome was designed to shield against short-range rocket threats. The project took a collaborative turn in 2011 when the United States began financially supporting the initiative, significantly bolstering its development and deployment. This financial backing was further solidified with the U.S. Congress approving a total of $1.6 billion in funding from 2011 to 2021 and an additional $1 billion in 2022.
The collaboration expanded in scope with the involvement of U.S.-based Raytheon Technologies, which joined hands with Israel’s RAFAEL to form a joint venture called Raytheon RAFAEL Area Protection Systems. This venture aimed to establish a production facility for the Iron Dome weapon system in the United States, marking a significant step in the co-production of Iron Dome components.
Kurt’s key takeaways
The Iron Dome undeniably contributes to safeguarding Israeli lives from rocket attacks, providing a buffer for the Israeli government to strategize its response. Last July, Israel announced significant upgrades to the Iron Dome with the addition of AI to allow for more precision in targeting.
As of the time of writing, both sides have declared war against one another, with Israeli Prime Minister Benjamin Netanyahu saying, “I tell you frankly, difficult days are still ahead of us.”
Should America have its own Iron Dome? Let us know by writing us atCyberguy.com/Contact.
For my tech tips and security alerts, subscribe to my free CyberGuy Report Newsletter by heading toCyberguy.com/Newsletter.
Kurt “CyberGuy” Knutsson is an award-winning tech journalist who has a deep love of technology, gear and gadgets that make life better with his contributions for Fox News & FOX Business beginning mornings on “FOX & Friends.” Got a tech question? Get Kurt’s CyberGuy Newsletter, share your voice, a story idea or comment at CyberGuy.com.
Mary Lou Retton, who captured the attention of the nation when she won the all-around women’s gymnastics competition at the 1984 Summer Olympics, remains in an intensive care unit, according to an update her daughter McKenna Kelley shared Wednesday.
“My sisters Skyla, Shayla, Emma and I would like to thank everyone for the outpouring of love and support for our Mom,” Kelley wrote in an Instagram post. On Tuesday, Kelley revealed her mother has been in an ICU “over a week” with a “very rare form” of pneumonia.
Since then, financial support has poured in as Retton “continues to fight.”
As of Wednesday afternoon, a fundraiser page for the legendary Olympian has received just under $260,000 in donations. The fundraiser had a stated goal of $50,000. The page also noted that Retton does not have health insurance.
Mary Lou Retton waves to the crowd during the Parade of Olympians Celebration at SAP Center in San Jose, California, on July 9, 2016.(Kyle Terada/USA Today Sports)
Kelley, who was a member of the LSU gymnastics team, said funds were needed to help with medical expenses. Retton is receiving treatment at a Texas hospital, according to The Associated Press.
“We ask that if you could help in any way, that 1) you PRAY! and 2) if you could help us with finances for the hospital bill,” Kelley wrote on the fundraising page. “ANYTHING, absolutely anything, would be so helpful for my family and my mom.”
From left: Ecaterina Szabo, Mary Lou Retton and Simona Pauca are seen during the women’s gymnastics medal ceremony of the 1984 Summer Olympics at Pauley Pavilion in Los Angeles on Aug. 1, 1984.(Disney General Entertainment Content via Getty Images)
“GET WELL MARY LOU!! You are America’s Sweet Heart and we are all rooting for you!” one donor wrote on the fundraising page.
Retton’s win at the 1984 Olympic Games in Los Angeles marked the first time an American woman won the all-around gold medal or any individual Olympic medal in gymnastics.
U.S. gymnast Mary Lou Retton performs in the 1980s.(Robert Riger/Getty Images)
She appeared in several films and television shows in the 1980s and 1990s and was inducted into the International Gymnastics Hall of Fame in 1997.
After she retired from gymnastics, Retton became a motivational speaker and frequently shared messages about the benefit of proper nutrition and exercise. She also served on the President’s Council on Physical Fitness and Sports under former President George W. Bush.
Chantz Martin is a sports writer for Fox News Digital.
Since September, Chainlink (LINK) price has gained more than 25%, outperforming Bitcoin (BTC), Ethereum (ETH) and most altcoins. Currently, the project is the leading decentralized blockchain oracle solution and ranks 15th in terms of market capitalization when excluding stablecoins.
In September, LINK’s price surged by an impressive 35.5%, but in the month-to-date performance for October, LINK has faced a 10% correction. Investors are concerned that breaking the $7.20 support level may lead to further downward pressure, potentially erasing all the gains from the previous month.
It’s worth noting that the closing price of $8.21 on Sept. 30 marked the highest point in over 10 weeks, but when looking at the bigger picture, Chainlink’s price still remains 86% below its all-time high in May 2021. Moreover, over the past 12 months, LINK has shown little growth, while Ether (ETH) gained 21.5% in the same period.
LINK marines placed all their hope on the SWIFT experiment
The LINK bull run began after SWIFT, the leader in messaging for international financial transactions, released a report on Sept. 31 titled “Connecting Blockchains: Overcoming Fragmentation in Tokenized Assets,” suggesting that linking existing systems to blockchains is more feasible than unifying different central bank digital currencies (CBDC).
Following a series of tests, SWIFT reported its capability to provide a single access point to multiple networks using existing infrastructure. This system relied on Chainlink’s Cross-Chain Interoperability Protocol (CCIP) and was said to significantly reduce operational costs and challenges for institutions supporting tokenized assets.
Part of the surge in Chainlink’s value can also be attributed to the successful testing of their Australian dollar stablecoin by the Australia and New Zealand Banking Group (ANZ) using Chainlink’s CCIP solution. In a statement dated Sept. 14, ANZ described the transaction as a “milestone” moment for the bank. Nigel Dobson, ANZ’s banking executive, noted that ANZ sees “real value” in tokenizing real-world assets, a move that could potentially revolutionize the banking industry.
On Sept. 21, Chainlink announced the mainnet launch of the CCIP protocol on the Ethereum layer-2 protocol Arbitrum One, aimed at driving cross-chain decentralized application development. This integration provides access to Arbitrum’s high-throughput, low-cost scaling solution. StarkWare, another notable Ethereum scaling technology firm, had previously utilized Chainlink’s oracle services.
Changes to Chainlink’s multisig and dwindling protocol fees reduced investor interest
However, the positive news flow was disrupted on Sept. 24 when user @StefanPatatu called out Chainlink on X social network (formerly known as Twitter) for quietly reducing the number of approvals required on its multi-signature wallet. The previous arrangement, which required four out of nine signatures to authorize a transaction, was viewed as a security measure.
Chainlink responded by downplaying the concerns and stated that the update was part of a regular signer rotation process. This explanation did not invalidate crypto analyst Chris Blec’s criticism that “the entire DeFi ecosystem can be intentionally destroyed in the blink of an eye” if Chainlink’s signers were to ever “go rogue.”
Nevertheless, Chainlink’s most significant metric, the protocol revenue generated by its price feeds, has been in decline for the past four months when measured in LINK terms.
In September, Chainlink price feeds generated 142,216 LINK in fees (equivalent to $920,455), a 57% drop compared to May. Part of this movement can be attributed to the decline in Ethereum’s total value locked (TVL), which has decreased from $28 billion in May to its current $20 billion, representing a 29% decrease. Nevertheless, this doesn’t account for the entire difference, and could cause investors to question Chainlink’s revenue model sustainability.
It’s important to note that Chainlink offers a range of services beyond price feed generation and operates on multiple chains, including CCIP, although Ethereum’s oracle pricing services remain the core of the protocol’s business.
By comparison, Uniswap (UNI), the leading decentralized exchange, holds a market capitalization of $2.38 billion, which is 42% lower than Chainlink’s. Uniswap also boasts $3 billion in total value locked (TVL) and generated $22.8 million in fees in September alone, according to DefiLlama.
As a result, investors have reason to question whether LINK can maintain its $7.20 support level and sustain its $4.1 billion market capitalization.
This article is for general information purposes and is not intended to be and should not be taken as legal or investment advice. The views, thoughts, and opinions expressed here are the author’s alone and do not necessarily reflect or represent the views and opinions of Cointelegraph.
Ever wished your shoes had rockets attached for that instant zoom to work? Or dreamt of clothes that could change colors to match your mood? While we may have to wait a bit for those, a new high-tech gadget is here to transform your lapel into a sleek tech companion that can whisper the news, translate languages, take an optical look around or even take calls.
The Humane AI Pin is an AI-powered wearable gadget.(TED)
The tiny Ai Pin with big features
The Humane Ai Pin was first revealed at the TED conference in April 2023, where co-founder Imran Chaudhri, a former Apple honcho, demonstrated some of its features, such as making phone calls, getting daily summaries, scanning food items and projecting a green screen.
Not just a pretty pin
The device made another appearance at the Paris Fashion Week in September 2023, where it was worn by supermodel Naomi Campbell and other models during the Coperni Spring 2024 runway show. With her legendary status in the fashion realm, Campbell didn’t just bring the glam but also underscored how fashion-forward this wearable tech can be.
Now, fashion shows are known for their fair share of wild, out-there outfits, but this time around, it was this tiny pin that stole the spotlight. Unlike a giant hat that could shelter a family of four or shoes taller than a toddler, this little gadget promises to pack a punch in the tech department while staying stylish. Humane said that the collaboration with Coperni was based on their shared passion for design, creativity, and technology.
The Ai Pin is more than just a flashy accessory—it’s a screenless gadget packed with a mini-projector, camera and speaker, aiming to weave AI into daily interactions. It can be pinned to your clothing and interact with your voice, gestures and environment.
It’s showcasing features like AI-powered optical recognition and real-time language translation, all while prioritizing user privacy. Unlike some gadgets that are always on standby to listen for commands, the Ai Pin doesn’t have this ‘always-on’ listening feature, meaning it’s not constantly monitoring or recording what’s being said around it, which admittedly sounds confusing to this cyberguy.
The roots of Humane trace back to 2017, with former Apple executives Bethany Bongiorno and Imran Chaudhri at the helm. The startup has been nurturing the Ai Pin, a device that hints at a new era of wearable technology. The anticipation around Humane’s venture escalated when it was unveiled that substantial financial backing was propelling the Ai Pin’s development, with big names like Sam Altman, the guy behind ChatGPT, and collaborations with OpenAI on the list.
Not all features of the AI Pin are currently known.(Humane)
Veil of mystery
There’s still a veil of mystery surrounding the Ai Pin’s full range of functionalities and how it stacks up against the typical smartphone. As the countdown to its November 9 release draws near, the tech and fashion worlds are holding their breath for what could be a game-changer in wearable tech with the official announcement also sounding mysterious from its two founders: “Our Ai Pin presents an opportunity for people to take AI with them everywhere and to unlock a new era of personal mobile computing which is seamless, screenless and sensing.”
Here we are, on the cusp of seeing a cool blend of fashion and tech with Humane’s Ai Pin. It’s got the style, the smart tech and a dash of mystery that’s keeping us all on our toes. So far, it may be the closest thing I’ve ever felt like tapping and uttering the command, “Beam me up, Scotty.”
Do you see yourself sporting the Ai Pin on your next night out? Do you think it’ll be a game-changer like the iPhone, or might it follow the path of Blu-ray DVDs? Let us know by writing us atCyberguy.com/Contact.
For more of my tech tips and security alerts, subscribe to my free CyberGuy Report Newsletter by heading toCyberguy.com/Newsletter
Kurt “CyberGuy” Knutsson is an award-winning tech journalist who has a deep love of technology, gear and gadgets that make life better with his contributions for Fox News & FOX Business beginning mornings on “FOX & Friends.” Got a tech question? Get Kurt’s CyberGuy Newsletter, share your voice, a story idea or comment at CyberGuy.com.
When it comes to improving sleep, there are plenty of widely known tips, such as maintaining a regular bedtime, using blackout curtains, avoiding electronics as you wind down and more — but one less common idea is to warm up your feet.
Some studies have shown that people who wore socks to bed or used other foot-warming methods fell asleep faster and stayed asleep longer, according to the National Sleep Foundation in Virginia.
Dr Biquan Luo, a biomedical scientist based in San Francisco, shared her insights into why warming your feet can help you get more sleep — and better sleep.
“Warming the feet can have a positive impact on sleep for many people, primarily because of its effect in promoting lower core body temperature and relaxation,” she said.
Core body temperature plays a crucial role in regulating the sleep-wake cycle, Luo noted.
Dr Biquan Luo (left), a biomedical scientist based in San Francisco, shared her insights on why warming your feet can help improve sleep.(Dr. Biquan Luo/iStock)
“As we sleep, our core temperature naturally drops as part of our circadian rhythm,” she said.
“This decline starts at the beginning of sleep and reaches its lowest point during the early morning hours. Decrease of the core body temperature helps the body fall and stay asleep.”
Warming the feet — either by using a heating pad, taking a warm bath, using a foot spa or wearing warm socks — can dilate the blood vessels in the feet, causing them to expand and hold more blood, Luo explained.
“This dilation allows more blood to flow from other parts of the body to the feet. As a result, it can help dissipate body heat and lower the core body temperature.”
Warming the feet — either by using a heating pad, taking a warm bath, using a foot spa or wearing warm socks — can dilate the blood vessels in the feet, causing them to expand and hold more blood, said a biomedical scientist.(iStock)
The sensation of warmth on the feet can be soothing and relaxing, making it easier to unwind and fall asleep, according to the doctor.
It can also help people who have poor circulation, as reduced blood flow to the hands and feet can lead to cold and numb sensations, she added.
“Warming the feet can have a positive impact on sleep for many people, primarily because of its effect in promoting lower core body temperature and relaxation.”
“In such cases, gently warming the feet can provide relief by increasing blood flow and alleviating discomfort, further helping them fall asleep,” said Luo.
Although warming the feet promotes better sleep, the doctor noted that individual preferences vary — so what works for one person may not work for another.
“Some people may prefer cooler feet when they sleep and find that warming their feet disrupts their sleep,” she said.
For those who decide to try warming their feet before bed, Luo emphasized the importance of avoiding discomfort or injuries from overheating.
For those who decide to try warming their feet before bed, Luo emphasized the importance of avoiding discomfort or injuries from overheating.(iStock)
Elderly individuals also have a decreased heat perception, making them especially vulnerable to injuries from overheating.
“In summary, warming the feet before sleep can be a helpful tip for potentially better sleep, but the effectiveness of this approach may vary from person to person, so it’s important to pay attention to your own comfort and sleep preferences,” the doctor said.
“If you have concerns about your sleep quality or maintaining the right temperature for sleep, don’t hesitate to consult with a health care professional for personalized advice.”