Day: June 1, 2023

Here’s how OpenAI plans to cleanse ChatGPT of false information

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On May 31, OpenAI announced its efforts to enhance ChatGPT’s mathematical problem-solving capabilities, aiming to reduce instances of artificial intelligence (AI) hallucinations. OpenAI emphasized mitigating hallucinations as a crucial step toward developing aligned AI. In March, the introduction of the latest version of ChatGPT — ChatGPT-4 — further propelled AI into the mainstream. However, generative AI chatbots have long grappled with factual accuracy, occasionally generating false information, commonly referred to as “hallucinations.“ The efforts to reduce these AI hallucinations were announced through a post on OpenAI’s website. AI hallucinations refer…

Crypto.com Unveils Payment Feature in US, Offering Rewards and Wide Brand Selection

Crypto.com App users in the US can now spend their cryptocurrencies on 150+ top brands and get up to 10% back in Pay Rewards for every eligible purchase. On May 31st, Singapore-based cryptocurrency exchange Crypto.com announced the launch of a new feature in its mobile app that allows users located in the United States to use over 30 cryptocurrencies, including CRO, BTC, ETH, and USDT, to make payments at more than 150 recognized companies. According to the statement, users will be able to earn up to 10% in Pay Rewards,…

‘Not just Bitcoin price’ — Dan Tapiero shares tips on navigating the bear market

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While many beginners base their trades on the negativity brought about by devastating events happening within the crypto space, experienced traders base their decisions on different factors and are able to come out on top of others, even in a bear market.  Speaking with Cointelegraph, Dan Tapiero, the founder of growth equity funds 10T Holdings and 1RoundTable Partners, shared some of the most important things that he employs as he navigates the market. This includes having a broader perspective in the space and not being influenced by feelings and people’s…

Web3 Project Magic Raises $52M in Strategic Funding Round Led by PayPal Ventures

Magic Labs has so far raised more than $80 million and facilitated the creation of 20 million wallets with support from over 130k developers. Magic Labs Inc, an upcoming crypto wallet-as-a-Service (WaaS) provider, has announced the completion of a strategic funding round with $52 million to enable Web3 mass adoption. The Web3 startup intends to channel the funds to further enhance the non-custodial wallet creation through its SDK. According to the startup, the strategic funding round was led by PayPal Ventures, with other notable investors including Cherubic, Synchrony, KX, Northzone,…

5 ChatGPT chrome extensions to enhance productivity

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To increase productivity and simplify numerous tasks, Chrome extensions serve as add-ons that may be installed in the Google Chrome web browser. Users can enjoy a more effective and convenient browsing experience thanks to these extensions’ added features and capabilities. The value of Chrome extensions and significance stems from their capacity to streamline processes, reduce waiting times and boost overall productivity. Importance of Chrome extensions The ability of Chrome extensions to customize and personalize the surfing experience is one of their main advantages. Users have access to a large selection…

NFTs: Reshaping the Financial Landscape in 2023

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The popularity of non-fungible tokens (NFTs) has been on the rise since 2017, establishing them as one of the hottest topics within the blockchain ecosystem. The appeal of NFTs has attracted an increasing number of participants to the crypto industry. The unique attribute of these tokens, combined with their inherent liquidity and tremendous potential for future growth, enables participants to trade diverse types of assets or become singular asset holders. In the first quarter of 2023, the global NFT market saw an impressive growth of approximately 8.5% compared to the…

Huobi on Frontline of Crypto Adoption in Hong Kong amid New Digital Assets’ Policy Implementation

Huobi was named among other Web3 startups by the Hong Kong Virtual Asset Consortium (HKVAC) to help establish a virtual asset index and a virtual asset exchange rating. Bitcoin, Ethereum, and other top digital assets are slowly creeping into the Eastern Asia market as demand rises amid high inflation. In the latest developments, Hong Kong, a major global financial hub with more than 7.4 million residents, has implemented crypto-friendly policies to help attract investors in the nascent digital asset industry. As the fifth month of 2023 came to an end,…

Crypto​.com joins ranks of licensed payment institutions in Singapore

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The Singapore-based cryptocurrency exchange, Crypto.com, announced on June 1 that it has been granted a Major Payment Institution (MPI) license for Digital Payment Token (DPT) services by the Monetary Authority of Singapore (MAS).  The announcement comes after Crypto.com received its in-principle approval from MAS in June 2022. With the MPI licence, Crypto.com is now authorized to offer its DPT services to customers in Singapore. The Monetary Authority of Singapore serves as the central bank and primary financial regulatory authority in Singapore. It is responsible for overseeing and implementing legislation related…

Cryptocurrency Exchange Crypto.com Receives Digital Token License from Monetary Authority of Singapore (MAS)

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