Elon Musk’s warning regarding the crypto market has caused anxiety among investors and enthusiasts amidst significant declines in Bitcoin and Ethereum values.
IsDBI and SettleMint have partnered to launch a blockchain-based Smart Stabilization System (SSS) to prevent sudden price fluctuations caused by market speculation in financial markets.
According to Bloomberg, Alex Karp, the CEO of Palantir Technologies Inc., stated that the new artificial intelligence (AI) advancements at his company are so advanced that he is uncertain if they should be offered to some clients.
Bitcoin and Ether experience a decline in value, while Litecoin gains support ahead of its third halving event, with Cardano leading the losers among the top 10 non-stablecoin cryptocurrencies.
Nvidia CEO Jensen Huang unveiled a range of new AI-powered products and services, including the DGX GH200 supercomputer platform, at Computex Taipei 2023 that can enable technology enterprises to develop advanced tools such as ChatGPT.
Experts warn that unchecked AI growth could lead to humanity’s extinction due to the potential weaponization, surveillance, and self-preservation capabilities of AI.
The largest advertising company in the world, WPP, has teamed up with chipmaker Nvidia to use generative AI to create ads. The platform will allow WPP’s creative teams to combine generative AI with material from companies like Adobe and Getty Images to create advertising campaigns more efficiently and at scale. The technology may ultimately allow much smaller creative teams to accomplish the same amount of work.
In order to comply with international regulations, the Japanese government has decided to impose stricter guidelines for cryptocurrency transactions.
Dr. Saifedean Ammous, a respected economist and author of “The Bitcoin Standard,” has been appointed as an economic advisor to the National Bitcoin Office of El Salvador, a move which underscores the country’s dedication to integrating Bitcoin into its economic strategies, as declared on May 30.
According to on-chain data, there appear to be divergent patterns in the conduct of current SHIB investors. Glassnode’s data reveals a recent upswing in the creation of new SHIB addresses. However, the value of SHIB has remained unvarying during the same timeframe.
