Dubai-based cryptocurrency exchange Bybit has developed a language based trading tool that uses AI to generate trading insights and answer technical questions from its market data. TradeGPT is being touted as an AI-powered education tool that taps into the generative ability of ChatGPT’s large language model and Bybit’s inhouse ToolsGPT to provide real-time market analysis and answers to user questions…
Month: September 2023
The Indie Film Studio Pioneering AI-Powered ‘Synth-Assisted Production’
The film industry is currently abuzz with the implications of artificial intelligence, with filmmakers predicting the advent of AI-generated movies while actors and writers voice fears that the technology threatens their jobs. Into the midst of this tumult comes “synth-assisted production” studio Pigeon Shrine, which uses AI tools and other technologies to streamline workflows. This, the company says, allows it…
Who is filing and when the SEC may decide
The race to list the first spot-traded Bitcoin (BTC) exchange-traded fund (ETF) in the United States has seen the entrance of major financial institutions like BlackRock, Fidelity and VanEck. While the U.S. Securities and Exchange Commission (SEC) first approved a Bitcoin-linked Futures ETF in October 2021, the current filings are for spot Bitcoin ETFs. Following Grayscale’s recent legal victory against…
The UK releases key ambitions for global AI summit
The United Kingdom released its five “ambitions” for its global artificial intelligence (AI) safety summit on Sep. 4, with a big focus on risks and policy to support the technology. The summit, which will take place on Nov. 1-2, is anticipated to unite thought leaders from around the world, including academics, politicians and major tech companies developing AI, in order…
Australian lawmakers send back crypto bill by Andrew Bragg
Australia’s Senate Committee on Economics Legislation has finally provided feedback to the cryptocurrency bill introduced by senator Andrew Bragg. The committee on Sept. 4 reported on the draft bill referred to as “The Digital Assets (Market Regulation) Bill 2023,” asking the bill authors to add some amendments. The Senate particularly concluded that it would pass the bill with minor amendments…
Ronaldo teases NFT plans while on a lie detector test
Soccer legend Cristiano Ronaldo went through a lie detector test to answer various questions about soccer and teased his plans to release more nonfungible token (NFT) collections in the future. The lie detector test video was done as the soccer star released his second NFT collection in partnership with crypto exchange Binance. The collection was released in July to celebrate…
Gala Games Co-Founders Sue Each Other Alleging Corporate Waste, $130 Million Theft
Two co-founders of blockchain games developer Gala Games are currently suing each other in a Utah district court. Both lawsuits were filed on Thursday. Gala’s CEO Eric Schiermeyer alleges the company’s director, Wright Thurston, stole $130 million in GALA tokens back in 2021 through his company True North United Investments, which owns about 45% of Gala. According to Schiermeyer, the…
London Stock Exchange Group Plans Blockchain-Powered Digital Markets Business
The London Stock Exchange Group (LSEG) has revealed plans to launch a new blockchain-powered digital markets business that will use the technology underpinning cryptocurrency to enhance the trading of traditional financial assets. “LSEG is exploring plans to build an end-to-end digital market ecosystem that will allow for the raising and transfer of capital in a more seamless, cost-efficient way across…
Bank of China: Platforms must provide digital yuan retail payment option
In the short term, e-commerce platforms can integrate the CBDC through QR codes. Source: https://cointelegraph.com/public/index.php/news/bank-of-china-digital-yuan-payment-option-must-be-offered-in-retail-scenarios
OKX crypto exchange enters final stage of Hong Kong VASP license application
OKX cryptocurrency exchange has entered the final stage before acquiring a virtual asset service provider license (VASP) in Hong Kong. The crypto exchange expects the final approval for a VASP by March next year. Li Zhikai, the global chief commercial officer of OKX, in an interview, said that they are actively engaged in a dialogue with the banks and are…