Legal chatbots gather information from users, process that data, find applicable legal information and give the user advice or refer them to a qualified lawyer if necessary. Here are the general steps of how legal chatbots function: Information gathering The chatbot gathers data from the user via queries or prompts, which may include the nature of the legal issue, the…
Month: May 2023
Hyperbitcoinization coming, says Bitcoin OG as ‘wholecoiners’ hit 1 million
Bitcoin (BTC) has crossed a significant threshold this month — and while it does not involve price, it does involve “millions.” Data from on-chain analytics firm Glassnode confirms that as of May 18, there are over one million addresses which hold at least 1 BTC. Back: Adoption trend lays path to “hyperbitcoinization” It was a long time coming and received…
NFT Lending Platform Blend Surges Past 100,000 Ethereum in Total Volume
NFT marketplace Blur is growing by leaps and bounds. With the launch of Blend, Blur’s new lending platform, it’s hit yet another milestone. Data per Dune, now shows that Blend has facilitated more than 100,000 ETH in total volume, or roughly $181 million, just 17 days since its launch. Blend lets users take out Ethereum loans by putting their NFTs…
Congressional crypto hearing illustrates political stalemate on digital assets
On May 10, the United States House of Representatives Financial Services Committee and Agriculture Committee held their first joint hearing on digital asset regulation. The event felt like a logical continuation of another recent hearing where representatives lambasted Securities Exchange Commission Chair Gary Gensler for perceived regulatory overreach. The principal narrative, articulated by the hearing’s initiators, was that Congress should…
Is ChatGPT king? How top free AI chatbots fared during field testing
While OpenAI’s ChatGPT was the first artificial intelligence (AI)-powered chatbot to captivate the world after its public release in November 2022, a variety of competitors have entered the marketplace since then. Tech giants Google and Microsoft have launched their AI chatbots, with Google’s Bard removing its waitlist, and opening up to over 180 countries and territories on May 10, after…
Europe a ‘Significant Beneficiary’ of US Crypto Regulatory Confusion: Ripple CEO
With the SEC taking aim at a host of big brand crypto firms, some CEOs are looking across the Atlantic to reopen shop. Coinbase CEO Brian Armstrong, for example, recently said he’s considering doing precisely this. Similarly, Ripple CEO Brad Garlinghouse told CNBC on Thursday that “confusing” regulations in the U.S. will push more crypto companies to leave. “Frankly, it’s…
NFT Artist and Collector OSF: ‘NFTs are Just a Medium’
London’s House of Fine Art (HOFA) gallery is one of the pioneers of the crypto art scene, being one of the first venues to showcase NFT artworks in a physical space back in 2021. Back then, it took a somewhat conservative approach, focusing on prints of CryptoPunks alongside physical sculptures and NFT-adjacent work. This time around, its “Beyond the Screen”…
Italy sets aside millions for workers at risk of AI replacement
Italy’s back and forth with the emergence of artificial intelligence (AI) continues, after lawmakers in the country announced funds for those at risk of losing their jobs to automation. On May 15 Italian officials set aside 30 million euros ($33 million) towards the Fondo per la Repubblica Digitale (FRD) to enhance the capabilities of the unemployed and those whose jobs…
Can blockchain really improve trust in AI? – Cointelegraph Magazine
Most technological revolutions come with an unforeseen darker side. When Austrian-born physicists Lise Meitner and Otto Frisch first split the atom in the late 1930s, they probably didn’t anticipate their discovery would lead a few years later to the atomic bomb. The artificial intelligence (AI) revolution is arguably no different. AI algorithms have been around for decades. The first artificial…
NFT Creator – Cointelegraph Magazine
With a total artwork value of $24 million Trevor Jones is one of the Top 10 most successful crypto artists worldwide. Trevor Jones’ journey to crypto art stardom started the same way as many crypto noobs: His portfolio went way up, he failed to take profits, and the price came crashing down wiping out the paper gains. A traditional painter, Jones…