This week, Claude unveiled its “premium” service, Claude Pro, a version of its Claude 2 chatbot aimed at power users. At a monthly fee of $20, Claude Pro emerges as a direct competitor to OpenAI’s ChatGPT Plus service. ChatGPT currently stands as the world’s most popular AI chatbot, boasting over a million users within a week of its launch, but…
Ripple, the crypto payments service, may have scored a key victory earlier this summer against the SEC. But now, one of the company’s top directors is facing a far more daunting enemy, all on her own: a unified coalition of three highly disgruntled Hogwarts professors. Sendi Young, Ripple’s managing director for UK and Europe, recently embarked on a seemingly simple…
The artificial intelligence-based order type could make stock trading even more efficient. Source: https://cointelegraph.com/app/public/index.php/news/nasdaq-receives-sec-approval-ai-based-trade-orders
Crypto giant Coinbase seems to be strategically steering its ship amid constant crypto industry turbulence in 2023. The company recently unveiled its lending platform for institutional investors, aiming to fill the void left behind by major players during 2022’s crypto winter, when firms such as Celsius Network, BlockFi and Genesis went bankrupt. The move comes after the company shut down…
Crypto fundraising platform “The Giving Block” sent a letter to Sens. Ron Wyden (D-OR) and Mike Crapo (R-ID) on Friday urging them to eliminate appraisal requirements on crypto donations. The company, which helps nonprofits accept crypto donations, said the current requirements make such contributions “overly burdensome to donors.” Specifically, donations exceeding $5,000 in value require donors to hire a qualified…
A team of researchers from Humboldt-Universitat zu Berlin have developed a large language artificial intelligence model with the distinction of having been intentionally tuned to generate outputs with expressed bias. Called OpinionGPT, the team’s model is a tuned variant of Meta’s Llama 2, an AI system similar in capability to OpenAI’s ChatGPT or Anthropic’s Claude 2. Using a process called…
Stellar (XLM) token experienced a notable 11.5% increase in value between Sept. 2 and Sept. 8, a novelty given that Bitcoin and most altcoins are down for the week. The surge came after XLM tested the $0.113 support level, which marked its lowest point in the past eight weeks. The price upswing followed a preliminary announcement made by Stellar Org…
Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you the most significant developments from the past week. The past week in the DeFi ecosystem was filled with ups and downs, from the United States Commodity Futures Trading Commission’s (CFTC) investigation into multiple DeFi protocols to Binance CEO Changpeng “CZ”…
The United States Federal Reserve Bank vice chairman spoke at the Philadelphia Fed’s fintech event on Sept. 8 about the central bank’s role in financial innovation. Research and supervision was the short answer and a nod to the FedNow Service. Along with the standard disclaimer about it making no decisions without Congressional authorization, Barr provided an overview of the Fed’s…
The company behind LBRY, a blockchain publishing platform, said on Thursday it plans to appeal a court’s decision that found it was liable for violating federal securities laws last year, according to a court filing. LBRY CEO Jeremy Kaufman told Decrypt the company is ready for round two, and that it’s fighting on behalf of other digital asset firms in…
