OpenAI claims its newest model, OpenAI o1, is so advanced it was “resetting the counter back to one” for naming its AIs. Source: https://cointelegraph.com/news/openai-o1-model-reasoning-stem-abilities?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Month: September 2024
Trump to launch World Liberty Financial crypto platform on Monday
Donald Trump said in a video posted to X that his World Liberty Financial crypto project would launch Sept. 16. Source: https://cointelegraph.com/news/trump-crypto-project-world-liberty-financial-launch-monday?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Consumer watchdogs call for EU action on in-game digital money
Consumers fall prey to many deceptive practices when buying and using in-game currencies in video games, claims BEUC. Source: https://cointelegraph.com/news/consumer-watchdogs-want-eu-action-on-in-game-digital-money?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
UK court rules Tether is property in first English law post-trial crypto ruling
It comes a day after a UK government bill aimed to clarify that crypto was “personal property” under property laws. Source: https://cointelegraph.com/news/uk-court-tether-is-property-first-enligsh-ruling-after-trial?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
BRICS Gains Global Appeal as 34 Countries Show Interest, Putin Reveals
Russian President Vladimir Putin revealed that 34 countries have shown interest in joining BRICS activities, highlighting the global appeal of the group. He detailed Russia’s role in facilitating the integration of new members, sharing updates on BRICS activities under Russia’s chairmanship. 34 Countries Show Interest in BRICS, Putin Says Russian President Vladimir Putin said on […] Source: https://news.bitcoin.com/brics-gains-global-appeal-as-34-countries-show-interest-putin-reveals/
Ethereum trader sentiment needs small bump for ETH to see ‘parabolic rise’
A crypto analyst is eyeing Ether’s funding rate rising above 0.015 to see if “the calm before the storm breaks.” Source: https://cointelegraph.com/news/ethereum-funding-rate-rise-could-see-parabolic-eth-price?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Elon Musk Warns US Laws and Regulations Will Worsen Every Year Without Major Reform
Tesla and Spacex CEO Elon Musk has warned that without substantial government reform, laws and regulations will worsen annually, potentially stifling major initiatives. He has reiterated his call for significant U.S. government changes and agreed to help former President Donald Trump lead a new government efficiency commission, an idea he proposed. Musk believes reducing wasteful […] Source: https://news.bitcoin.com/elon-musk-warns-us-laws-and-regulations-will-worsen-every-year-without-major-reform/
Standard Chartered: Bitcoin Could Hit $125K Under Trump, $75K Under Harris
Standard Chartered has reaffirmed its projection that bitcoin will hit new all-time highs by the end of 2024, regardless of the U.S. election outcome. The bank’s digital assets head predicts bitcoin could reach $125,000 under Trump or $75,000 under Harris, with temporary drops under a Harris presidency. Regulatory concerns loom, but other factors, like U.S. […] Source: https://news.bitcoin.com/standard-chartered-bitcoin-could-hit-125k-under-trump-75k-under-harris/
OpenAI Launches New ‘01’ Model That Outperforms ChatGPT-4o
OpenAI has introduced a new family of models and made them available Thursday on its paid ChatGPT Plus subscription tier, claiming that it provides major improvements in performance and reasoning capabilities. “We are introducing OpenAI o1, a new large language model trained with reinforcement learning to perform complex reasoning,” OpenAI said in an official blog post, “o1 thinks before it…
Grayscale Launches XRP Trust — Cites Potential to Transform Legacy Financial Systems
Grayscale Investments has created a new trust for XRP, allowing accredited investors to gain exposure to the cryptocurrency known for facilitating cross-border transactions. The Grayscale XRP Trust functions like other single-asset crypto investment vehicles, holding only XRP. Grayscale’s head of product highlighted the potential of XRP to transform financial infrastructure. Grayscale Launches XRP Trust for […] Source: https://news.bitcoin.com/grayscale-launches-xrp-trust-cites-potential-to-transform-legacy-financial-systems/