Category: Business and Finance Meets AI
-
Discover the Cheapest Freelancer On FiverrClerks, Seoclerks, Fiverr and, Upwork
Looking for the cheapest freelancers on FiverrClerks, Seoclerks, Fiverr, and Upwork in 2024? Discover budget-friendly services with high-quality results here!
-
The SEC’s Ongoing Battle to Regulate Cryptocurrencies
In 2024, the Securities and Exchange Commission (SEC) finds itself in the midst of a prolonged campaign to regulate cryptocurrencies through enforcement. This ongoing effort, now entering its seventh year, has raised questions about whether the rules designed for Wall Street are applicable to the world of digital assets. As the SEC engages in several…
-
Bitcoin price breaks from range with drop below $28K, and options tilt toward BTC bears
On Aug. 16, Bitcoin closed below $29,000 for the first time in 56 days. Analysts quickly pointed to this week’s Federal Open Market Committee minutes, which expressed concerns about inflation and the need to increase interest rates, as the likely cause. Despite the immediate reasons for the drop, the upcoming $580 million Bitcoin (BTC) options expiry…
-
OpenAI says ChatGPT-4 cuts content moderation time from months to hours
OpenAI, the developer behind ChatGPT, is advocating the use of artificial intelligence (AI) in content moderation, touting its potential to enhance operational efficiencies for social media platforms by expediting the processing of challenging tasks. The company said that its latest GPT-4 AI model could significantly shorten content moderation timelines from months to hours, ensuring improved consistency in labeling. Moderating…
-
Immutable zkEVM begins testnet phase with 12 Web3 games in development
Web3 gaming platform Immutable has commenced public testing of its Immutable zkEVM in collaboration with Polygon Labs. Work on the zero-knowledge Ethereum virtual machine (zkEVM) network began in March after Immutable announced a partnership with Polygon Labs. Polygon’s own ‘holy grail’ Ethereum-scaling zkEVM hit mainnet on March 27. In an Aug. 14 announcement, Immutable said its…
-
Voyager’s token transfer to Coinbase sparks sell-off suspicions
Bankrupt cryptocurrency lender Voyager Digital transferred 1,500 Ether (ETH), worth around $2.77 million and an additional 250 billion Shiba Inu (SHIB), worth roughly $2.7 million, to crypto exchange Coinbase on Aug.11, according to Etherscan. The motive behind the transactions has triggered speculation within the broader crypto community. One theory suggests a probable sell-off, given that…
-
Victim of 90 ETH exploit set to claw funds back after hacker was blacklisted
With the help of police and cyber authorities, a victim of a hack worth 90 Ether (ETH) has gotten the attacker’s Tether (USDT) address blacklisted. As a result, they may be able to get most of their funds back. [2023/08/11 17:30] USDT blacklisted 0x788bc56b67c289399cd6e2022f0d76484f04724a in block 17893148 https://t.co/WipjkHXFGp — usdt blacklist (@usdtblacklist) August 11, 2023…
-
Aave DAO opens voting on proposals to reduce CRV exposure
The Aave community is seeking to reduce its protocol exposure to the Curve DAO token, with two proposals open for voting on Aug. 10. The move comes in an attempt to limit the risk posed to the lending protocol by the large borrowing position held by Curve Finance founder Michael Egorov. Curve DAO (CRV) is the…
-
Canadian police reported using Chainalysis Reactor to trace crypto crimes
Canadian law enforcement has started using specialized software to trace crypto while investigating cybercrimes. Police now have the ability to trace blockchain transactions, identify suspects and determine where funds have been deposited. As revealed by the local policeman to the Lethbridge Herald newspaper, the police forces are already enjoying access to Chainalysis Reactor software. The…
-
Paypal USD: Boon for Ethereum but not decentralization, says community
Paypal’s new Ethereum-based stablecoin, PYUSD has been seen as bittersweet news for the crypto community. While it could finally see Ethereum find its place in mainstream adoption, it could also spell trouble for decentralization and personal control of assets, warns the community. The new stablecoin, Paypal USD, was launched on Aug. 7 and is issued…