Day: July 22, 2023

OpenAI launches official ChatGPT app for Android

boss

OpenAI on July 21, revealed its plan to launch an Android version of the well-received ChatGPT chatbot in the upcoming week. This means Android users will now have access to this AI sidekick 24/7, just like iOS users who have been enjoying it since May. The company tweeted the upcoming release of ChatGPT for Android, scheduled for the following week, without specifying the exact day. They provided a preorder page in the Google Play Store, allowing users to register for installation once the app is ready. ChatGPT’s iOS app was…

Bitcoin Cash uptrend wanes as Cardano holds firm, investors exploring Borroe

boss

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied While Cardano supporters are bullish, recent withdrawals of Bitcoin Cash by whales could slow down their uptrend. Because of these concerns, some investors are exploring Borroe and examining the platform’s scalability and real-world utility. Whales withdraw $27.5 million of Bitcoin Cash In June, Bitcoin Cash rallied after the United States Securities and Exchange Commission (SEC) alleged that several altcoins were unregistered securities. However, over the last seven days, Bitcoin Cash has dropped by 11.19% and is currently trading…

AI companies commit to safe and transparent AI — White House

boss

On July 21, The White House announced that prominent artificial intelligence (AI) companies, such as OpenAI, Google and Microsoft, have committed to developing AI technology that is safe, secure and transparent. The White House also acknowledged other companies like Amazon, Anthropic, Meta and Inflection for committing to AI safety. The Biden Administration emphasized the responsibility of the companies to ensure the safety of their products and harness AI’s potential while promoting high standards in its development. Kent Walker, Google’s president of global affairs, acknowledged that achieving success in AI requires…

Nigerian social payments app shuts down crypto exchange services

boss

Nigerian social payments app, Bundle announced on July 20 that it is shutting down its crypto exchange arm.  According to a statement released on the company blog, explaining that it is ceasing its crypto exchange operations as it focuses on expanding the services of Cashlink as a payment solution. Bundle stated that it will cease operations of its exchange services as part of the shareholders’ decision to restructure the business to focus on Cashlink. Screenshot of Bundle press release statement. Source: Bundle In the statement, the company cited that this…

Concerns about ApeCoin intensify as investors explore DigiToads and Monero

The bear market has taken a toll on many projects, especially those whose valuations were inflated by hype and easy liquidity during the quantitative easing era.  As the bear market comes to a close and the bull market emerges, investors must realize that not all top altcoins from the previous cycle will survive.  New crowdfunding efforts and decentralized finance (DeFi) projects constantly challenge the established hierarchy and have, so far this year, outperformed well-known players by a significant margin. One example is ApeCoin, which has suffered due to the declining…

Crypto investors in Canada face home theft risk, police say

Canadian police issued a public warning on July 19 regarding a concerning trend of high-value crypto investors falling victim to home robberies. The Royal Canadian Mounted Police (RCMP) in Richmond, located south of Vancouver, reported multiple incidents of similar nature over the past year. Staff sergeant Gene Hsieh from the Richmond RCMP major crime unit claimed that the criminals behind these robberies specifically target individuals known to be high-value cryptocurrency investors. The modus operandi of the thieves involves impersonating delivery drivers to gain access to the victims’ homes. Once inside,…

SEC hints at potential appeal to XRP ruling from Ripple Labs lawsuit

boss

The U.S. Securities and Exchange Commission has suggested that it may appeal a recent ruling on the Ripple Labs lawsuit, which deemed XRP to not be a security when sold to retail investors. The SEC argues that the ruling goes against “fundamental securities laws principles” such as the Howey Test, which determines what falls under the category of an investment contract or not. Do we really want a judge to ask herself: Does my strict application of the Howey test in this case result in an outcome in 2023 that…

SENATOR leverages Ardor blockchain for urban planning

The Smart Network Operator Platform enabling Shared, Integrated and more Sustainable Urban Freight Logistics (SENATOR) is leveraging the Ardor, a blockchain, for urban planning policies to design sustainable last-mile operations, latest reports on July 20 shows. SENATOR and urban planning policies SENATOR is funded by the European Commission and leverages blockchain technology in urban planning policies. Its main objective is to design decentralized and transparent last-mile operations, focusing on sustainability and security. Coordinated by Correos, an international consortium is managing the affairs of the SENATOR project, the platform aims to…

Ethereum price can reclaim $2k in August, Santiment predicts

Santiment predicts that Ethereum price can reclaim the psychological $2k price mark by August.  Since reaching its peak of $2,132 in April 2023, Ethereum (ETH) has struggled to regain its bullish momentum.  According to Santiment, the psychological area of value at $2,000 has become a pivotal point for traders, determining their optimism or skepticism towards the asset. As bitcoin(BTC) dominated the market in June, ETH only managed a meager 4.8% gain against BTC, failing to excite traders.  ETH’s subdued price action has resulted in fewer discussions about the asset, paralleling levels…

Twitter to impose daily limits on DMs for unverified accounts, citing an effort to ‘reduce spam’

boss

More controversial changes are coming to Twitter, with the social media platform set to introduce daily direct message (DM) limits for unverified users. In a July 21 tweet, Twitter Support stated that the platform will “soon be implementing some changes in our effort to reduce spam in Direct Messages.” “Unverified accounts will have daily limits on the number of DMs they can send,” it stated, as it prompted users to sign up for its subscription service Twitter Blue. We’ll soon be implementing some changes in our effort to reduce spam…