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Tag Archives: Artificial Intelligence (AI)

AI Tokens Hit Lowest Weekly Trade Volume Since January: Data

Artificial Intelligence (AI) is all the rage owing to the success of OpenAI’s ChatGPT, which has taken conversations about the space to a whole new level. Off late, several AI-related crypto tokens have sprung up, capturing the imagination of investors amidst a dull market. After initial gains, however, these assets underwent significant value reductions. Prominent blockchain analytical firm Kaiko also echoed a similar sentiment. According to its latest analysis, AI-related...

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AI DAOs Could Boost Ethereum Transactions Exponentially: Arthur Hayes

Artificial Intelligence (AI) could potentially organize itself using a Decentralised Autonomous Organisation (DAO) structure, according to BitMEX founder Arthur Hayes. Traditional companies cannot operate without certain state-sanctioned entities such as auditors, accountants, lawyers, and bankers that serve as the “cartel of trust.” But with AI slowly taking over, it’s hard to imagine how an economic organization under the technology will ensure compliance. Hayes’s latest...

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Black Swan Author Sees ‘Crypto Fad Starting to Peter out’ as Youngsters Turn to AI

Nassim Nicholas Taleb – the author of the book “The Black Swan” who is among crypto’s biggest critics – launched another bashing manifest against the asset class. He believes the mania surrounding bitcoin and the alternative coins have started fading out because young people have turned their focus toward Artificial Intelligence (AI). The Latest Dose of Criticism In one of his recent tweets, Taleb claimed that the crypto hype is “starting to peter out” due to youngsters’ new...

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Mining 2.0: Crypto Miners Embrace Artificial Intelligence (AI) as the New Frontier

Artificial Intelligence (AI) has become ubiquitous, making its presence felt across various sectors. Gradually infiltrating every aspect of human activity, this buzzword, although not entirely new, has captivated the minds of both seasoned tech gurus and novices alike. The integration of the digital asset space and AI was inevitable. Industry players are actively exploring innovative approaches to integrate these two technologies. Hence, the pivot of crypto miners to this...

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Lightning Labs Unveils Toolkit to Enable AI Transact in Bitcoin

The hype surrounding Artificial Intelligence (AI) is taking multiple industries by storm, and the digital assets industry appears to be readily embracing the tech. Lightning Labs has become the latest platform to tap the space. The team behind the Bitcoin Lightning Network announced the release of a new set of developer tools to enable the Lightning and AI developer communities to interact with Bitcoin seamlessly. Lightning Labs Taps AI According to the official blog post,...

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Arthur Hayes Says Bitcoin Will be the Chosen AI Currency

Arthur Hayes, the co-founder and former CEO of cryptocurrency exchange BitMEX, believes bitcoin (BTC) will be chosen by artificial intelligence (AI) as the currency for their economic activities in the future. In a lengthy Substack essay posted on July 7, the American entrepreneur laid out reasons for his belief, presenting arguments and conclusions to prove that the traditional financial system is unsustainable for AI-powered economies. The AI Currency Choice Hayes’...

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OpenAI Withdraws ChatGPT’s ‘Browse With Bing’ Feature Amid Copyright and Privacy Concerns

OpenAI has disabled Browse With Bing, the internet surfing feature available to ChatGPT Plus users.  In a tweet thread, OpenAI reasoned that the Browse feature can occasionally produce results in a manner that it doesn’t want it to. Straying Into Protected Content   “We’ve learned that ChatGPT’s “Browse” beta can occasionally display content in ways we don’t want, e.g. if a user specifically asks for a URL’s full text, it may inadvertently fulfill this request. We are...

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Binance Academy Taps Coursera to Make Web3 Education Accessible to Everyone

Binance Academy – the educational arm of crypto exchange Binance – announced a partnership with Coursera. The collaboration with the leading online learning platforms that boast more than 124 million learners globally aims to bring educational opportunities to everyone in the form of a comprehensive suite of learning programs that are slated for launch over the next few months and beyond. Binance Academy Partners With Coursera According to the official press release shared...

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BlackRock Says Artificial Intelligence (AI) is a Mega Force in Today’s Market

Asset management giant – BlackRock – believes that structural shifts like the rise of artificial intelligence (AI) have the potential to drive returns now and in the future. Its new report described the space as a “mega force” whose applications could disrupt entire industries. BlackRock found that S&P 500 gains have become increasingly concentrated in a handful of tech stocks, exceeding levels seen during the 2000s tech boom. The company believes that this “unusual”...

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VC Firm Paradigm Remains Interested in Crypto and AI

Paradigm’s co-founder – Matt Huang – said the company “has never been more dedicated to crypto.” The venture capital firm has been involved in the industry for years by making substantial investments and leading numerous fundraisers. ’Excited About Crypto’  Huang assured in a new post on Twitter that Paradigm remains committed to the cryptocurrency sector. The VC giant will continue “to invest across all stages, publish original research, help portfolio companies develop...

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