Tristan Greene

MakerDAO publishes 5-phase roadmap featuring funding for open-source AI projects

DAI stablecoin proprietor MakerDAO offered up an AI-heavy roadmap for the future with plans for a new blockchain. MakerDAO, the organization behind the DAI stablecoin and its related MKR governance token, recently announced a slew of planned updates to its ecosystem, including a heavy focus on artificial intelligence (AI) technologies and the planned development of a new blockchain. Beginning with an upgrade to unify the organization’s brand, the new roadmap details a five-p

BlockGPT launches ‘chat to earn’ ecosystem for training AI

A new Web3 initiative aims to build a ChatGPT-style artificial intelligence system on the blockchain. BlockGPT, a recently-launched Web3 company, announced the launch of its ‘chat to earn’ artificial intelligence (AI) service and related blockchain ecosystem on May 11. According to the company, BlockGPT aims to create a decentralized, token-governed chatbot on the blockchain with similar functionality to OpenAI’s ChatGPT.$BGPT is not the only token in #BlockGPT ecosystem. We'

Researchers in Singapore design new ‘more efficient’ DAO scheme

Scientists at Singapore University of Social Sciences created a novel DAO voting/governance scheme after reviewing current methods. A team of researchers at the Singapore University of Social Sciences recently conducted an appraisal of existing decentralized autonomous organization (DAO) voting schemes to determine which was most efficient. The researchers ultimately concluded that existing popular voting schemes each had their drawbacks and advantages and that a new paradig

OpenAI CEO to testify before Congress alongside ‘AI pause’ advocate and IBM exec

AI experts from IBM, NYU, and OpenAI will testify before the U.S. Senate on May 16 in a hearing entitled “Oversight of A.I.: Rules for Artificial Intelligence.” OpenAI CEO Sam Altman will make his first appearance before Congress on May 16 to discuss artificial intelligence (AI) regulation in the United States during a hearing on oversight. Also testifying will be IBM’s VP of trust and privacy, Christina Montgomery, and NYU emeritus professor Gary Marcus. US Senate hearing on

BoE fintech head says crypto doesn’t ‘fulfill any of the functions of money’

At a recent event, Tom Mutton, the Bank of England’s head of fintech, touted the privacy benefits of CBDCs while denouncing the anonymity of cryptocurrencies. The Bank of England’s director of fintech, Tom Hutton, recently spoke out on the United Kingdom’s plans to institute a central bank digital currency (CBDC) at the Crypto and Digital Assets Summit in London. LIVE: Crypto and Digital Assets Summit Day 1. Tune in to hear leaders from across the industry debate the trends t

PayPal’s crypto holdings increased by 56% in Q1 2023 to nearly $1B

The lion’s share of the fintech’s held cryptocurrency assets lie in BTC and ETH with $499 and $362 million respectively — up more than 56% since Q4 2022. Financial technology company PayPal recently disclosed its cryptocurrency holdings in a quarterly report filing to the Securities and Exchange Commision (SEC). Claiming a combined total of $943 million in cryptocurrency assets as of March 31, 2023, the filing shows a 56% increase over the company’s previous quarter where P

State-sponsored Chinese AI firm launches bot service to ‘surpass’ ChatGPT

Chinese tech company Iflytek recently made waves with the launch of its “Spark Model,” an AI system it says will surpass ChatGPT by the end of the year. Iflytek, a state-subsidized Chinese artificial intelligence (AI) company, recently announced the launch of “Spark Model,” an AI system designed to compete directly with OpenAI’s ChatGPT.The launch took place at a tech event in HeiFei called “Spark Desk,” and featured a full demonstration of the new system’s capabilities. .#C

China issues first arrest over fake news created with ChatGPT: Report

Alleged fake news poster becomes the first person in China arrested for using artificial intelligence platform ChatGPT. A suspect identified only as “Hong” was detained by local authorities and arrested in the Gansu district of China after allegedly using ChatGPT to generate fake news stories. According to a report from the South China Morning Post, Hong was detained after an investigation into an unsubstantiated article relating to a train crash was discovered on April 18 by

Chainalysis and Calgary police launch cryptocurrency investigation center

Calgary’s police department has launched the Western Canada Cryptocurrency Investigations Centre, in partnership with blockchain data firm Chainalysis. A joint task force featuring investigators from the Calgary police department and analysis from blockchain data firm Chainalysis, dubbed the Western Canada Cryptocurrency Investigations Centre, was officially launched on April 12. In a blog post announcing the partnership, Chainalysis cofounder and chief strategy officer Jon

‘Bitcoin is a gambling token and it doesn't have any intrinsic value’ — Warren Buffett

The nonagenarian said there’s been an “explosion of gambling” while comparing Bitcoin to roulette, sports booking, and chain letters. Warren Buffett once again took up his familiar role as conductor of the FUD train in yet another anti-cryptocurrency interview with CNBC’s Squawk Box on April 12. “We’ve had an explosion of gambling,” the magnate told CNBC by way of describing the cryptocurrency market. He then added “I like to bet on a football game if I’m sitting and watchi

GPT-4 apps BabyAGI and AutoGPT could have disruptive implications for crypto

Crypto users are getting excited over the prospect of automating their trades with future-facing technologies built with the GPT-4 API. A recent spate of applications built on OpenAI’s GPT-4 API has the crypto community buzzing with designs toward the development of a fully-autonomous, self-correcting cryptocurrency trading bot.AutoGPT set to 100 runs. Goal: amalgamate best indicators for Crypto trading in Pine code. Result looping errors. Scavenged through output, found eno

Razer gaming incubator zVentures issues call for Web3 submissions

Gaming hardware giant Razer has issued a call for Web3 gaming submissions through its zVentures corporate venture capital arm. Razer, a U.S.-Singaporean consumer electronics company best known for its gaming hardware and peripherals, has sent out a call for new Web3 partners and game submissions. Citing the market need for quality games built on blockchain technology, a zVentures blog post details Razer’s push for increased developer involvement.“We believe that the foundat

Men under 50 shoring up US cryptocurrency market: Pew Research

A Pew Research Center analysis shows that not much has changed over the past few years when it comes to U.S. cryptocurrency adoption and confidence. The Pew Research Center’s latest U.S. cryptocurrency report, published April 10, shows little in the way of surprises when it comes to the nation’s adoption and confidence in the burgeoning crypto market. Perhaps the biggest takeaway is Pew’s finding that 75% of U.S. adults who’ve heard of cryptocurrency have little or no confid

Fortune debuts ‘Crypto 40’; Ethereum takes top honors for protocol category

The Fortune Crypto 40 highlights cryptocurrency organizations across eight different categories with a heavy emphasis on older, established companies. In what it’s calling an industry first, Fortune released the “Fortune Crypto 40” on April 10. This analysis-based list highlights five cryptocurrency companies in each of eight categories and relies on a combination of analysis and executive polling to determine the winners.Congratulations to the Fortune Crypto 40 winners — a l

Twitter seems to have blocked all interaction with tweets containing Substack links

Elon Musk’s free speech movement hits a speed bump as Twitter blocks interaction with countless crytpo, blockchain, and Web3 blogs. Twitter users on both mobile and web found themselves unable to interact with tweets containing links to Substack pages on April 7.When many users attempt to like, retweet, or reply to posts containing Substack links, they’re given an error message that “Some actions on this tweet have been disabled by Twitter.” In some cases, users report the

Washington state DFI warns Eucoinotrade may be engaging in ‘advanced fee fraud’

One user claims they were defrauded out of more than $50,000 by the website, which authorities are now referring to as an “alleged cryptocurrency exchange.” The Washington State Department of Financial Institutions (DFI) has issued a consumer protection alert addressing the “alleged cryptocurrency exchange” known as Eucoinotrade. At least one person may have fallen victim to what appears to be “advanced fee fraud,” per the report. This is a confidence scheme that involves s

CBDCs ‘threaten Americans’ core freedoms’ — Cato Institute

The D.C.-based think tank views a central bank digital currency as a danger to citizens' privacy. A report from the Cato Institute argues that a United States government-issued central bank digital currency, or CBDC, would usurp the private sector and threaten citizens’ privacy and core freedoms.The U.S. government is investigating the creation of a CBDC — essentially a digital dollar that would be backed by the Federal Reserve. According to analysis from the Cato Institute,

Crypto could eliminate 97% of traditional remittance fees: Coinbase

U.S. consumers sending international bank transfers pay more than $12 billion annually in remittance fees alone. A recent blog post from cryptocurrency exchange Coinbase indicates the vast majority of U.S. remittance fees for international transfers wouldn’t apply to similar transactions conducted using cryptocurrency. According to the exchange’s research, “The US average fee rate of 6.18%, means Americans' average yearly spend is likely close to $12 billion on remittance f