Day: March 23, 2023

Coinbase Tries AI Assistant Chatgpt for Pre-Listing Risk Assessment of Tokens – Exchanges Bitcoin News

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Crypto exchange Coinbase has tested Openai’s Chatgpt as a token verification tool comparing it with its standard security procedure. In over half of the cases, the AI platform produced the same results as the manual review, but it also failed to recognize some high-risk assets. Chatgpt Approves 5 High-Risk Tokens, Coinbase May Use It for Secondary Control Digital asset exchange Coinbase has tried the artificial intelligence (AI) chatbot developed by Openai to conduct automated token reviews. The U.S.-based trading platform said that while Chatgpt was not accurate enough to be…

Ledger CEO: The collapse of banks is a ‘crash course to Bitcoin’

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The collapse of major banks highlights the need for Bitcoin (BTC) and self-custody according to Pascal Gauthier, the CEO and Chairman of hardware wallet provider Ledger.  In an interview with Cointelegraph reporter Joseph Hall at the Paris Blockchain Week, Gauthier spoke about how recent events show how BTC can be a safe haven against the threat of central authorities. He explained that: “Bitcoin was designed in reaction to Lehman Brothers in the 2008 crisis. It was designed because you can’t trust central authorities. And, it’s designed because it’s clear that…

Bitcoin Currently Outperforms 97% of S&P 500 Companies and Gold in 2023, Analyst Expects Crypto Supercycle 

Mike McGlone anticipates a Bitcoin Supercycle due to the asset’s raving performance despite economic circumstances. Commodity strategist Mike McGlone believes that a Bitcoin (BTC) Supercycle is on the horizon amid the leading crypto’s 2023 price upswing. According to the Bloomberg Intelligence senior commodity strategist, BTC’s recent performance compared to gold proves his claim. The prominent digital currency has outperformed gold almost tenfold this year and appears set to continue rising. McGlone also added that Bitcoin is on course for “new highs” if past trends hold, with volatility more likely to recover compared…

Banking turmoil pushes crypto to ‘no oversight’, says Circle CEO

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The ongoing crisis and uncertainty around the global banking system could push the cryptocurrency market into a more gray area in terms of regulation, Circle chief executive believes. Jeremy Allaire, CEO of the USD Coin (USDC) issuer Circle, took to Twitter on March 23 to share his reflections regarding the market dynamics in the aftermath of the Silicon Valley Bank (SVB) collapse. In the Twitter thread, Allaire highlighted the “deep market anxiety” about general exposure to the financial system of the United States and the risk of a large-scale U.S.…