Billionaire entrepreneur Mark Cuban has again locked horns with former securities chief John Reed Stark, this time over who was ultimately to blame for FTX’s collapse and the impact on creditors. During a heated back-and-forth exchange, Cuban argued had the United States Securities and Exchange Commission set “clear regulations,” no one would have lost money from its collapse. Stark earlier suggested cryptocurrency and stablecoins — including central bank digital currencies — solve no problems and that the crypto industry operates without regulatory oversight, consumer protections and audits, among other things.…
Day: July 5, 2023
Account abstraction will drive a billion users from Asia to Web3: ConsenSys exec
Account abstraction, also known as “smart accounts” could eventually onboard a billion users from the Asia region to Web3, according to an executive at Ethereum software solutions provider ConsenSys. Speaking to Cointelegraph, the director of strategic initiatives at ConsenSys, Laura Shi, noted that the Ethereum and Web3 ecosystem has seen a strong expansion in Asia this year. “More dApps are improving UX for the Asian market, including introducing Asian language support,” she said. Shi added this expansion is primarily being driven by the introduction of zero knowledge Ethereum Virtual Machine…
First Mover Asia: Bitcoin Holds Above $30.5K at the End of a Quiet, Long Weekend
PLUS: Dismissing the very real prevalence of Ponzi schemes in GameFi isn’t a good look for Web 3. Original
OpenAI pauses ChatGPT’s Bing feature, as users were jumping paywalls
ChatGPT’s Browse, a Bing-based search engine feature, has been temporarily disabled by OpenAI after a loophole enabled users to bypass paywalled content. In a July 4 tweet, OpenAI notified users of the temporary halt so it could patch the issue and “do right by content owners.” “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 disabling Browse while we fix this.” We’ve learned that ChatGPT’s…
OpenAI pauses ChatGPT’s Bing feature as users were jumping paywalls
ChatGPT’s Browse, a Bing-based search engine feature, has been temporarily disabled by OpenAI after a loophole enabled users to bypass paywalled content. In a July 4 tweet, OpenAI notified users of the temporary halt so it could patch the issue and “do right by content owners.” “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 disabling Browse while we fix this.” We’ve learned that ChatGPT’s…