OpenAI announced the launch of ChatGPT Enterprise on Aug. 28. This new offering provides enterprise-grade security and privacy, unlimited higher-speed GPT-4 access, longer context windows for extended inputs, advanced data analysis capabilities, and customization options. Since its introduction nine months ago, ChatGPT has been adopted by over 80% of Fortune 500 companies, according to corporate …
Monthly archives: August 2023
Bitcoin mining revenue just edges past year-long average
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Sam Bankman-Fried lawyers decry procedural breach as evidence pages pile to 7.7 million
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Digital Currency Group to pay $1.4B as agreement made with Genesis for up to 90% of funds
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Bitcoin Flashing Bullish Signal That Previously Preceded a 214% Rally, According to Macro Guru Raoul Pal
Former Goldman Sachs executive Raoul Pal says he’s looking at one signal that has preceded massive Bitcoin (BTC) rallies five times in the past. In a blog post, the macro guru says Bitcoin’s 30-day historical volatility just moved below 20 for the first time since the start of the year. Pal says hitting the 20 …
DCG agrees deal with Genesis that would see recoveries of up to 90%
The estimated U.S. dollar equivalent recoveries could amount to 70%–90% for Genesis creditors, should the amended plan be carried out. News Join us on social networks Digital Currency Group (DCG), a major venture capital firm in the cryptocurrency industry, has reached an agreement in principle with creditors of its crypto lending subsidiary, Genesis. According to …
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Consumer surveys show a growing distrust of AI and firms that use it
A global consumer survey from Salesforce shows a growing distrust toward firms that use AI, while an Australian survey found most believe it creates more problems than it solves. News Join us on social networks Consumers are developing a widening “trust gap” with companies using artificial intelligence, with many airing concerns about the potential unethical …
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Investment Giants Join The Ethereum ETF Race
ARK Invest and 21Shares have been the latest prominent players to apply for an Ethereum futures exchange-traded fund (ETF). The application was co-filed with the U.S. Securities and Exchange Commission on August 24, 2023. Will high-profile applicants tip the scales for an Ethereum ETF? The two products are called ARKZ and ARKY. According to the …
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Another Exchange to Stop Ethereum Staking for US Customers
Ethereum staking will no longer be valid for Bitstamp US customers starting in September. It’s becoming more difficult for exchanges to offer staking services to American investors Bitstamp to Stop Ethereum Staking Bitstamp, one of the world’s most established cryptocurrency exchanges, announced it would halt Ethereum staking on the exchange. The service will officially be …
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Crypto Community Abuzz as Vitalik Buterin Moves 600 $ETH to Coinbase
Ethereum’s founder Vitalik Buterin has transferred 600 ETH, worth $1 million, to Coinbase, as reported by Etherscan. This move has quickly caught the crypto community’s attention and sparked speculation that it would trigger a pullback in Ethereum’s price. Crypto experts have pointed out that his position is losing money. However, some crypto experts also said …
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DoorDash launches AI bot to take customers’ takeout orders
During peak times, DoorDash’s AI system will take the load off restaurants by automatically answering incoming phone calls. News Join us on social networks Food delivery service platform DoorDash is integrating AI technology for their restaurant clients, which will see customers communicating their food orders to AI-powered bots instead of busy in-house staff. According to …
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Shibarium wallets surpass 100K after SHIB devs relaunch bridge
Shytoshi Kusama, the co-founder of the SHIB token, said the bridge was fixed with the help of Polygon Labs co-founder Sandeep Nailwal. News Join us on social networks Shibarium, a new layer-2 blockchain for Shiba Inu (SHIB) has surpassed 100,000 wallets on its platform with 35,000 coming within 24 hours of Shibarium’s relaunch on Aug. …
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Friend.tech Reverses Policy To Punish Users Who Use Rival SocialFi Projects
Friend.tech plans to reward users who stay loyal and refrain from joining its forks or clones. The SocialFi project will automatically forfeit the points of users who choose to opt into its forked versions. The points are expected to have a special purpose on the tokenized social media platform. Friend.tech’s users expressed disappointment at the …
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Bitcoin wealth distribution leans toward decentralization as small investors take the lead
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Breaking traditions: Why gold prices defy 10-year Treasury yield movements
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