‍AI Novel Tops Charts, Sparking Web3 Authorship Debate An AI-generated novel has reached the top of Japan's Kakuyomu platform, raising critical questions about AI's role in creative industries. The novel, utilizing AI to produce 100,000 kanji daily, exploited the platform's algorithm, prompting concerns among human authors about visibility and fair compensation. This situation highlights the need for Web3 solutions like NFTs to guarantee provenance and authenticity, and smart contracts for automated royalty distribution. Decentralized platforms governed by DAOs could also establish standards for AI content and protect human artistry. The incident underscores the potential for blockchain technology to safeguard authorship, intellectual property, and fair economic models in the age of AI.

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AI Novel Dominates Japanese Fiction: Unpacking Web3

The literary world is grappling with an unprecedented challenge following an AI-generated novel

‍Bitcoin Drops to $109.2K Amid Fed Rate Cut and QT End Bitcoin experienced a significant price decrease, falling to $109,200 following the US Federal Reserve's recent 25 basis point interest rate cut and its decision to end quantitative tightening (QT) effective December 1. This reaction defied market expectations, as rate cuts typically signal accommodative policy. Analysts suggest investors are now prioritizing broader macroeconomic headwinds, including job market weakness, inflation, trade policies, and AI sector speculation, over immediate monetary easing. While the Fed's dot plot indicates further rate cuts in 2025 and 2026, the current market sentiment suggests these factors are overshadowing potential benefits for risk assets like cryptocurrencies.

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Bitcoin Plummets to $109.2K as Fed Cuts Rates, Ends QT Amid Macro Headwinds

The cryptocurrency market witnessed a notable shift as Bitcoin (BTC) experienced a significant price drop, tumbling to $109,200 following the Unite...