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Monthly archives: July 2023
Op-ed: Benchmarking ChatGPT’s capabilities against alternatives including Anthropic’s Claude 2, Google’s Bard, and Meta’s Llama2
As previously reported, new research reveals inconsistencies in ChatGPT models over time. A Stanford and UC Berkeley study analyzed March and June versions of GPT-3.5 and GPT-4 on diverse tasks. The results show significant drifts in performance, even over just a few months. Source: StanfordUniversity & UC Berkeley For example, GPT-4’s prime number accuracy plunged …
Central Bank Chief Accused of $300,000,000 Embezzlement, Money Laundering and Tax Evasion Scheme Has Luxury Property Seized: Report
A judge in Lebanon has reportedly seized several luxurious properties from a central banker accused of embezzlement, money laundering and tax evasion. The courts will control central bank governor Riad Salameh’s properties while he faces judicial probes on the source of his wealth, reports the AFP. The news agency cites an anonymous official in the …
Middle Eastern Country of 4,000,000 Officially Bans Crypto Investments, Payments and Mining
The financial regulator of a petroleum-reliant economy in the Middle East just issued a new circular to clamp down on crypto activities in the country. The circular, which was issued by Kuwait’s Capital Markets Authority on Monday, bans the use of crypto assets as a payment method and as a form of investment. The issuance …
With Bitcoin Stumbling, Crypto Trader Updates ‘Plan’ As He Imagines Multiple Scenarios for BTC
A widely followed crypto analyst is imagining several different scenarios for Bitcoin (BTC) after the king crypto fell 4.5% in a week. Crypto trader Michaël van de Poppe tells his 660,800 Twitter followers that BTC is likely looking to go lower before rallying. “Probably tons of volatility and still very likely that we’re looking at a case …
Liquid Staking Explodes To Become Largest Sub-Sector in Decentralized Finance, According to Binance Report
Liquid staking now has the biggest total value locked (TVL) among decentralized finance (DeFi) sub-sectors following an impressive growth of over 131% since the start of the year. According to Binance Research, liquid staking in unseated decentralized exchanges (DEXes) was the leading DeFi sub-sector on April 28th with a difference of $6.8 million in TVL. …
Centralized exchanges will become gateways for DeFi: Finance Redefined
The top 100 DeFi tokens had a mixed week, with most of the tokens continuing to trade in a similar range as the previous week. Newsletter Join us on social networks Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you the most significant developments …
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UK court grants appeal from Craig Wright in Bitcoin rights lawsuit
The decision reverses a prior ruling, allowing Craig Wright to appeal a lawsuit claiming copyright to the Bitcoin white paper and database. News Join us on social networks A British court granted an appeal on July 20 that gave Craig Wright the right to argue in litigation that the Bitcoin file format is well-defined enough …
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Litecoin price at risk of a 30% drop if key LTC futures historical trend repeats
A multiyear review of Litecoin futures open interest reveals a unique trend that has significantly impacted the LTC price in the past. Altcoin Watch Join us on social networks With less than two weeks until Litecoin’s halving, when the miner’s block subsidy will be cut in half, traders are questioning whether the additional scarcity effect …
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Price analysis 7/21: BTC, ETH, XRP, BNB, ADA, SOL, DOGE, MATIC, LTC, DOT
Several Bitcoin price indicators suggest that BTC’s narrow trading range could end soon, resulting in a volatile price move in BTC and altcoins. Price Analysis Join us on social networks Bitcoin continues to test investors’ patience, as it remains stuck inside a tight range. Although the near term is boring, traders need to be on their …
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U.S. Federal Reserve Officially Launches New Instant Payment Service FedNow
The new instant payment infrastructure of the U.S. Federal Reserve, called FedNow, has officially been launched. Banks and credit unions can now sign up with the payments system to enable instant money transfers for their customers at any hour of the day, according to a recent press release. The Fed says on Twitter that the …
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XRP price searches for a fresh bullish catalyst to trigger a move above $1
XRP price rallied in excess of 100% after Ripple’s victory last week, but do fundamentals support a move to $1 and beyond? Market Analysis Join us on social networks XRP (XRP) price booked an incredible 100% gain on the same day as the landmark ruling in the XRP securities case, but buyers are now struggling …
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McDonald’s debuts McNuggets Land in The Sandbox
McDonald’s Hong Kong has picked The Sandbox to build its first Web3 experience, the McNuggets Land. News Join us on social networks McDonald’s Hong Kong has picked The Sandbox to build its first Web3 experience, the McNuggets Land, a virtual world dedicated to celebrating Chicken McNuggets’ 40th anniversary. The experience takes users to a virtual …
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Couple behind Bitfinex money laundering scheme reach plea deal with US prosecutors
Ilya Lichtenstein and Heather Morgan are scheduled to appear for an arraignment and hearing on Aug. 3 as part of a plea agreement with U.S. prosecutors. Breaking news Join us on social networks The husband and wife alleged to have laundered billions of dollars worth of Bitcoin connected to the 2016 Bitfinex hack have reached …
Crypto VC funding tumbles as economic uncertainty scares off investors
June rejected the three-month trend of rising venture capital investment into crypto, though that’s not necessarily a bearish signal. Research Join us on social networks The month of June closed out with a 29.73% decrease in venture capital investments, with just $779.32 million raised in 62 individual deals, according to data from the Cointelegraph Research …
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