Day: June 16, 2023

Zachari Saltmer, One Big Fund co-founder, decodes blockchain innovation and venture capital

We’re excited to introduce Zachari Saltmer. His peers call him Zatoshi. He is a co-founder and fund manager at One Big Fund. Saltmer has years of experience collaborating with industry leaders as an expert in digital ledger technologies like blockchain. He also brings insights into how innovation impacts businesses. Discussing the blockchain industry’s future and challenges with Saltmer is an honor. He can tell us how blockchain innovators can approach venture capital funding in today’s age and time.  Let’s begin.  Hello! Welcome to crypto.news. Thanks for joining us. Please tell…

FxPro Adds Cryptocurrency CFDs to cTrader Accounts

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Online forex brokerage firm FxPro has introduced cryptocurrency trading to its cTrader accounts, the company announced today (Friday). The new addition allows traders to log in to their cTrader accounts and open new accounts under their profile. According to FxPro, Bitcoin (BTC), Ethereum (ETH) and Ripple (XRP) are some of the cryptocurrencies that have been added. These digital assets form part of a range of 28 cryptocurrency contracts for differences (CFDs) now available for trading 24 hours a day and seven days a week. Furthermore, FxPro said that it has…

Think AI tools aren’t harvesting your data? Guess again

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The meteoric ascent of generative artificial intelligence has created a bonafide technology sensation thanks to user-focused products such as OpenAI’s ChatGPT, Dall-E and Lensa. But the boom in user-friendly AI has arrived in conjunction with users seemingly ignoring or being left in the dark about the privacy risks imposed by these projects. In the midst of all this hype, however, international governments and major tech figures are starting to sound the alarm. Citing privacy and security concerns, Italy just placed a temporary ban on ChatGPT, potentially inspiring a similar block…

3 key Ether price metrics point to growing resistance at the $1,750 level

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Ether’s price plunged 7% between June 14 and June 15, reaching its lowest level in three months and impacting investors’ view that the altcoin was en-route to turning $2,000 to support.  It is worth noting that the $1,620 bottom represents a $196 billion market capitalization for Ether (ETH), which is higher than PetroChina’s $186 billion and not far from chipmaker AMD’s $198 billion. Being the 66th largest global tradable asset is no small feat, especially considering that the cryptocurrency is merely eight years old and does not return any kind of…

Meta’s new ‘Voicebox’ AI is a text-to-speech tool that learns like ChatGPT

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Meta AI recently unveiled a “breakthrough” text-to-speech (TTS) generator it claims produces results up to 20 times faster than state-of-the-art artificial intelligence models with comparable performance.  The new system, dubbed Voicebox, eschews traditional TTS architecture in favor of a model more akin to OpenAI’s ChatGPT or Google’s Bard. Among the main differences between Voicebox and similar TTS models, such as ElevenLabs Prime Voice AI, is that Meta’s offering can generalize through in-context learning. Much like ChatGPT or other transformer models, Voicebox uses large-scale training datasets. Previous efforts to use massive…

Crypto Exchange CoinEx Pays Over $1,700,000 To Resolve New York State Lawsuit As It Exits US Market

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A Hong Kong crypto company was forced to pay more than $1.7 million in investor refunds and penalties after reaching an agreement with the New York State Attorney General (AG) Letitia James. James launched a lawsuit against the trading platform CoinEx in February, accusing the company of failing to register as a securities and commodities broker-dealer and for falsely representing itself as a crypto exchange. The attorney general announced in a press release this week that CoinEx will pay more than $1.1 million in refunds to 4,691 New York investors…

Bitcoin BTC Price Recrosses $26.3K to Hit Highest Level in a Week Amid BlackRock Optimism

Other major cryptocurrencies, including those that tumbled following their mention in U.S. Securities and Exchange Commission (SEC) lawsuits against exchanges Binance and Coinbase last week, regained large swathes of ground. SOL, the token of the Solana blockchain, was recently up more than 7%. ADA, MATIC and ALGO, the native cryptocurrencies of smart contract platforms Cardano, Polygon and Algorand, rose 3.5%, 3% and 4.1%, respectively. Source

Crypto outflows surge, a16z’s UK office, and the silent altcoins ban

A combination of escalating interest rates and a tight regulatory environment in the United States has driven a $417 million outflow from the crypto industry in the past eight weeks, with halts in trading for many altcoins draining liquidity and prolonging the ongoing crypto winter. This environment is forcing crypto companies to rethink and adapt their business strategies. Crypto exchange Binance, for instance, is moving forward with efforts to diversify its sources of revenue amid legal challenges with regulators. The company is launching a new subscription-based cloud mining product dedicated…

Price analysis 6/16: BTC, ETH, BNB, XRP, ADA, DOGE, SOL, MATIC, LTC, DOT

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Bitcoin has reclaimed the $26,000 level, but will large cap altcoins follow BTC’s rebound? Bitcoin (BTC) is witnessing a tough battle between buyers and sellers near the $25,000 mark. A minor cause of worry for the bulls is that even the news of BlackRock having filed an application for a Bitcoin spot exchange-traded fund could not boost prices higher. This suggests that investors remain cautious due to the regulatory overhang. However, this does not mean that professional investors have abandoned plans to invest in cryptocurrencies. The Laser Digital Investor Survey…