Day: March 15, 2023

OpenAI Announces Latest Milestone in Deep Learning Scaling

OpenAI revealed that it has been using GPT-4 internally, functioning in sales, programming, support, and content moderation.  Shortly after launching the ChatGPT that got global attention, artificial intelligence company OpenAI released a multimodal AI dubbed GPT-4. The latest technology is a new image and text-understanding AI model, which the company refers to as “the latest milestone in OpenAI’s effort in scaling up deep learning.” The new technology model can accept a profit of tests and images and allows users to specify a vision or language task. However, image inputs on the product…

Coinbase Launches Local Bank Transfers for Singapore Users at Zero Cost

Coinbase has integrated Singpass, making it more convenient for customers to sign up on the exchange. Coinbase, one of the largest cryptocurrency exchanges in the world, has opened funds movement to and from accounts through local banks, consequently streamlining the process of investing in virtual assets. The news comes at a rather bearish time when markets are struggling to keep afloat over financial stability and crypto banking. The exchange of the Singapore dollars is authorized by the conventional bank Standard Chartered and charges zero fees for the conversion. Earlier, customers…

Ethereum has a new URL standard that can’t be blocked

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Web3 URLs — enabled with the launch of ERC-4804 — have made it onto Ethereum, allowing internet users to access Ethereum apps and NFTs without worrying about centralized censorship. The new Ethereum standard, titled “Web3 URL to EVM Call Message Translation,” was first proposed on Feb. 14, 2022, and was co-authored by ETHStorage founder Qi Zhou, Ethereum researcher Sam Wilson and Chao Pi. It described the proposal as an “HTTP-style” URL to directly access on-chain Web3 content, such as decentralized apps (DApps) front-ends and NFTs. More than a year later,…

KuCoin Has Closed a $10M Funding Round Into CNHC, but Is the Offshore Yuan Right for a Stablecoin?

“This investment in CNHC is part of KuCoin Ventures’ broader strategy of investing in the Web3 infrastructure in the APAC region,” Justin Chou, chief investment officer of KuCoin and lead at KuCoin Ventures, said in a statement. “Hong Kong has a well-established traditional finance ecosystem. With the regulation and new policy for next-generation digital assets, Hong Kong has a real opportunity at becoming the new crypto center of the world.” Source

KuCoin leads $10M funding for Chinese yuan stablecoin issuer

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The investment arm of major cryptocurrency exchange KuCoin is moving to support new stablecoin initiatives by backing a Chinese yuan-pegged stablecoin issuer. KuCoin Ventures has led a $10 million investment into stablecoin issuer and blockchain-based payment service provider known as CNHC. Announcing the news on March 16, KuCoin Ventures said that the funding round included some prominent industry investors, including KuCoin’s investor IDG Capital and Circle Ventures, the investment arm of the USD Coin (USDC) issuer, Circle. KuCoin chief investment officer and KuCoin Ventures lead Justin Chou told Cointelegraph that…

Cardano founder Charles Hoskinson explains Ethereum’s and Bitcoin’s flaws

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Charles Hoskinson, founder of Cardano, points out the limitations of Ethereum’s and Bitcoin’s protocols. 0:00 Intro 0:48 What is your argument against post-Merge Ethereum? 4:43 Why do you think Bitcoin should abandon proof-of-work mining? 9:23 Why isn’t Cardano moving fast and breaking things? 11:25 Outro Subscribe to Cointelegraph Markets Pro: Check out the latest crypto merch at the Cointelegraph Store: Want to join the Cointelegraph team? Check out #Cointelegraph #Bitcoin #CryptoMarkets Subscribe to Cointelegraph: Follow COINTELEGRAPH: Website: Telegram: Facebook: Twitter: Cointelegraph covers…

Amazon NFT Platform Is Gamechanger

With the use cases of NFTs constantly multiplying, there are many speculations as to what Amazon will focus on. Top players in the NFT space have adjudged the rumors of an Amazon NFT platform to be a potential game changer. The rumors started swirling about the platform after Amazon CEO Andy Jassy noted the e-commerce giant may sell NFTs. Since then, different reports have emerged outlining how the company could move forward with the initiative. One report even suggested that the e-commerce giant will be ready to launch the platform…

Amazon Plans to Launch First Project Kuiper Internet Satellites to Space by Mid-2024

The Amazon Project Kuiper aims to offer high-speed internet to every part of the world. As Amazon (NASDAQ: AMZN) prepares to contend with Elon Musk’s SpaceX with Project Kuiper, the tech company plans to launch its first internet satellites into space before mid-2024. In its quest to provide broadband internet to global consumers, the company also intends to offer initial commercial tests of the satellite internet shortly after launching into space. Senior vice president of Amazon devices, Dave Limp, stated that the company will “definitely be beta testing with commercial…

The Pokémon Company Might Be Preparing to Make Moves in the Metaverse – Metaverse Bitcoin News

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The Pokemon Company, a corporation in charge of the development of the Pokemon brand, might be preparing to make some moves regarding the franchise and the metaverse. The company has opened a job opportunity that includes experience and knowledge of fields like blockchain, Web3, and the metaverse as a requirement, including connections with investors in these areas. The Pokemon Franchise Might Be Coming to the Metaverse The Pokemon franchise might be taking its brand to the metaverse. Fans of the franchise believe that the opening of a new job position…