Category: Blockchain

What is ChatGPT 5? | Blockchain News

Introduction ChatGPT 5 represents the anticipated next step in the evolution of OpenAI’s generative language models. Following the public debut of ChatGPT in late 2022 and the subsequent release of GPT 4, expectations are high for what ChatGPT 5 might bring to the world of AI-driven chatbots and language processing. Development and Anticipation As of the latest information, OpenAI has not officially announced ChatGPT 5. Speculation suggests that OpenAI is working on the model, but challenges such as the availability of necessary components like Nvidia GPUs have impacted development. Given…

Blockchain Titles Resurge: Epic Games Store Initiates Crypto Gaming Renaissance

In a notable shift, the Epic Games Store has updated its policies to permit the inclusion of blockchain-based games on its platform. This move marks a departure from its previous stance and sets Epic Games apart from other digital distribution platforms.  However, the implementation of this new policy has raised concerns surrounding content guidelines and the application of age ratings, particularly about games featuring play-to-earn mechanics. Epic Games Store Embraces Blockchain Games According to a PC Gamer report, unlike its competitor Steam, which banned NFT games in 2021, the Epic…

Turkey Names Blockchain Expert to Central Bank Committee

The Monetary Policy Committee of the Central Bank of the Republic of Turkey has named Professor Fatma Ozkul, a prominent specialist in blockchain technology and crypto assets, to the position. This appointment was made by President Recep Tayyip Erdoğan of Turkey. This appointment, which will take effect on December 23, 2023, represents a substantial integration of blockchain and cryptocurrency knowledge within the framework of the nation’s monetary policy. According to President Erdoğan, the hiring of Professor Ozkul is a component of a more comprehensive plan aimed at reorganizing Turkey’s economic…

The Unified Future of AI, Blockchain and Virtual Worlds in 2024

Looking ahead to 2024, we stand on the brink of a defining moment in the spatial computing industry. The potential use case of experiencing events like the NBA finals from the best seats in the stadium, all from the comfort of home, is poised to capture the imagination of the masses. This experience, bridging the physical and digital worlds, will likely be a catalyst for widespread adoption among the early majority. The journey ahead for VR is long and filled with potential, but the convergence of technologies like AI, blockchain,…

Ethereum Emerges as a Key Blockchain for Tokenized Real-World Assets

Ethereum’s flexible design and its multi-year plan for upgrades, including ones that will improve interoperability, have made it a popular platform for digital bond issuances. Large institutions such as the European Investment Bank have issued bonds on Ethereum, which was also the blockchain underlying a digital green bonds Moody’s rated in 2023, a €10 million senior unsecured digital green bond issued by Société Générale. Over time, in Moody’s view, public blockchain networks like Ethereum and traditional infrastructure will be more interlinked, which will enhance blockchains’ use cases, promoting industry growth.…

Bitcoin Struggles for Direction in Run Up to Christmas – Blockchain News, Opinion, TV and Jobs

Bitcoin (BTC) concluded the week at approximately $41,400, reflecting a 5.5% decline compared to the previous week’s closing value of around $43,800. The price experienced a notable dip on Monday, reaching a weekly low of about $40,225 before staging a strong recovery and surpassing the $43,000 threshold on Wednesday and Thursday. Over the weekend, negative price movements brought the closing price to around $41,400, with the downtrend persisting into Monday the 18th, as BTC broke below the $41,000 trading level. This past week marked the first instance of a weekly…

Fairshake Super PAC, Affiliates Raise $78M to Support Crypto, Blockchain Candidates in 2024 US Election

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is an award-winning media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. In November 2023, CoinDesk was acquired by Bullish group, owner of Bullish, a regulated, institutional digital assets exchange. Bullish group is majority owned by Block.one; both groups have interests in a variety of…

Blockchain-based private loans hit $582M, doubling from last year

Blockchain-based lending is regaining momentum this year, with the value of active tokenized private credit now sitting at $582 million — a staggering 128% increase from a year ago. While still far off from its peak of $1.5 billion in June 2022, according to data from real-world asset loan tracker RWA.xyz, the resurgence could signal that loan-seekers are looking for blockchain-based alternatives to traditional financiers amid a recent rise in interest rates. The current average percentage rate is 9.64% for blockchain-based credit protocols, while financiers have been offering small business…

Goldman Sachs Predicts Booming Blockchain Asset Trading in Coming Years

Goldman Sachs, a leading global investment banking firm, has projected a substantial surge in trading volumes of blockchain-based assets in the next one or two years, with significant market growth anticipated in three to five years, according to an interview with Reuters. This forecast, as revealed in a recent Reuters interview with Mathew McDermott, the bank’s global head of digital assets, aligns with the growing interest in digital assets and blockchain technology observed across the financial sector. Goldman Sachs’ enthusiasm for blockchain extends beyond traditional cryptocurrencies like Bitcoin, which has…