ChatGPT, a large language model that can converse with users, is one of OpenAI’s ground-breaking models. Although there are numerous advantages to this technology, some worry that it needs to be regulated in a way that ensures privacy, neutrality and decentralized knowledge. A decentralized autonomous organization (DAO) can be the solution to these issues. Firstly, privacy is a major concern…
The Central Reserve Bank of Peru (CRBP) has published a paper that it said will be the first in a series to examine the need, design and timing of a Peruvian central bank digital currency (CBDC), John Kiff, research director at the Sovereign Official Digital Association (SODA), reported. The report concentrates on issues relating to a retail CBDC. The status quo…
Tensions between Paxful co-founders Ray Youssef and Artur Schaback spilled into public yesterday, as the peer-to-peer Bitcoin exchange abruptly announced it had suspended operations. While Schaback hopes to resume operations, Youssef has apparently recommended a new provider to Paxful users. In a Tuesday message posted to Paxful’s website, Youssef—the company’s CEO—urged Paxful’s users to withdraw funds from its platform and…
Nine days after publicly listed company Microstrategy purchased 6,455 bitcoins, the firm’s CEO, Michael Saylor, announced the purchase of an additional 1,045 bitcoins. The business intelligence (BI) company now holds a total of 140,000 bitcoins, worth $3.97 billion. Microstrategy Buys Another Batch of Bitcoins Microstrategy has begun acquiring bitcoin (BTC) again, after purchasing 6,455 bitcoins for $150 million on March…
The legendary creator of Bitcoin, Satoshi Nakamoto turned 48 years old today, at least according to information provided to the global network P2P Foundation when they registered. Though the identity of the Bitcoin (BTC) creator and thus their birthday remains unknown to the public, crypto enthusiasts took note of when Satoshi’s age increased by one year on their P2P Foundation…
With one week to go until the Ethereum (ETH) Shanghai and Capella upgrades on April 12, all eyes are on Ether. The second largest cryptocurrency by market capitalization shrugged off rumors and regulatory action against exchanges to hit a 7-month high of $1,922 on April 5. Ether price has momentum and here are three strong reasons why. Multiple positive price…
After the Ordinal inscription process gained significant traction on the Bitcoin blockchain with more than 800,000 inscriptions to date, a new trend of non-fungible token (NFT) technology has emerged called Bitcoin Stamps. The image-storing technique is a new way of storing images on Bitcoin, and so far, more than 8,000 stamps have been minted. From Ordinals to Stamps: A New…
Crypto miner US Bitcoin Corp has come to a tentative agreement with the City of Niagara Falls that will allow it to reopen its mining operation in that city, according to a local news report. A state supreme court judge ordered its plant closed in early March. The settlement still requires the approval of the city council. State Supreme Court…
Berlin-based M^ZERO Labs, a company that seeks to build neutral infrastructure linking assets in the global financial system with decentralized applications, has raised $22.5 million in a financing round led by Pantera Capital. The funding round also includes participation from other investors such as Road Capital, AirTree, Standard Crypto, The SALT Fund, ParaFi Capital, Distributed Capital, Kraynos Capital, Mouro Capital,…
In this week’s newsletter, learn how artificial intelligence (AI) can make the metaverse safer, according to The Sandbox’s co-founder. Check out how Axie Infinity creator Sky Mavis is building a blockchain gaming ecosystem, and read about nonfungible token (NFT) firm Yuga Labs onboarding a new CEO. In other news, find out how OKX uses the metaverse to engage with football…
