Although cryptocurrency enthusiasts can use the text-based artificial intelligence (AI) platform ChatGPT for entertainment purposes, such as writing a rap song about Bitcoin (BTC), its utility in the crypto space extends far beyond mere entertainment value and into the realm of crypto education and adoption. According to a blog post by Binance on February 10, […]
Binance says ChatGPT could help crypto adoption; here’s how Read More »
The text-based artificial intelligence (AI) platform ChatGPT is all the rage these days, as people discover they can use it to write anything, including jokes, poems, stories, cryptocurrency price predictions, or even to explain Bitcoin (BTC) as a 1920s mobster would. Indeed, to shed some light on the most recent blow to the cryptosphere, the
We asked ChatGPT to explain Bitcoin like a 1920s mobster. The result is hilarious. Read More »
According to the CEO of payments provider Ripple Labs, the United States desperately needs leadership in crypto legislation. According to Brad Garlinghouse, the United States is lagging behind other countries in terms of creating clear cryptographic guidelines for business. Garlinghouse cites the governments of Australia, the United Kingdom, the United Arab Emirates, South Korea, and
According to Bloomberg News, PayPal has put a halt to work on a potential stablecoin. According to a corporate representative, Bloomberg “We’re looking towards a stablecoin. If we decide to proceed, we will, of course, collaborate extensively with relevant regulators.” Though PayPal never officially announced the initiative, code for a USD-backed “PayPal Coin” was discovered
PayPal puts its stablecoin project on hold Read More »
Blockchain bridges, also known as “cross-chain bridges,” connect distinct blockchain networks and allow assets to be transferred between them. To ensure the safety and security of these bridges, developers must address numerous fundamental security problems. One major source of concern is the possibility of asset hacking or theft. As assets are exchanged between blockchain networks,
How can we make DEFI bridges safer? Minimize the trust Read More »
Clearpool, a decentralised finance (DeFi) protocol, announced in a statement that it will exclusively deploy its institutional credit platform Prime on the Ethereum scaling tool Polygon network. “We’ve been working closely with the Polygon team since we launched the permissionless protocol on Polygon in June,” Clearpool CEO and co-founder Rob Alcorn said in an email.
DeFi Protocol Clearpool Chooses Polygon Network for Its Institutional Lending Platform Read More »
The recent advancements in the field of artificial intelligence (AI) and Natural Language Processing (NLP) have made it possible to develop language models that can perform various tasks, such as text generation, text classification, and question-answering. One such model is OpenAI’s GPT-3, which stands for Generative Pretrained Transformer-3. It is considered to be one of
Can ChatGPT Beat Google Read More »
Toyota is going deeper into blockchain use cases by participating in a Web3 hackathon for decentralised autonomous organizations (DAO) developers. Astar, a multichain smart contract and decentralised application (DApp) network launched its first Web3 hackathon on February 1. The important news, though, is that it is being funded by Toyota Motor Corporation. Sota Watanabe, a
Toyota to explore blockchain use cases via the DAO hackathon Read More »
The holding company for the crypto-friendly bank, BankProv, has revealed it is no longer providing loans secured by cryptocurrency mining rigs after writing off $47.9 million in loans primarily secured by them throughout 2022. According to a January 31 filing with the United States Securities and Exchange Commission (SEC), BankProv has nearly halved the proportion
Crypto-friendly banks have terminated loans backed by cryptocurrency mining rigs Read More »
China has established a state-sponsored research center dedicated to researching blockchain’s potential and generating key technological achievements in the field. According to a recent South China Morning Post report, the country’s Ministry of Science and Technology has approved the construction of the National Blockchain Technology Innovation Centre, which is tasked with researching blockchain technology for
