Posts

Showing posts from January, 2023

What Could be the Legal Disadvantages of ChatGPT? What Could be the Legal Disadvantages of ChatGPT?

Image
The OpenAI-developed chatbot has quickly become a viral sensation, seeking to take over a host of industries. With the world seeming caught up in the hype, what could be the potential ChatGPT legal disadvantages of the program? The scientific and healthcare industry have quickly reacted to the growing popularity of the AI system. Moreover, the compliance of the program, and how it is utilized in various fields, will undoubtedly become a point of focus as its influence spreads. Source: Forbes Analyzing the Legal Compliance of ChatGPT The rising status of the OpenAI-developed chatbot, ChatGPT, has seemingly taken the tech industry by storm. It has presented companies with a valuable tool to add to their workforce, with some industries being threatened entirely by its rather impressive capabilities. Yet, with its meteoric rise in popularity, comes the necessary questions we would hold to all artificial intelligence. Not just ethical questions, but the questions of legality in

Analysis of Degen Zoo: $20,000 for 30 days of development, DAOMaker's founder "go into business" himself

Image
Author: @0xMavWisdom Note: This article is for information sharing only and does not endorse the project and is not intended as any investment advice. The development of an animal NFT game called Degen Zoo, a hackathon like game with a gimmick of completing a game in 30 days and daily updates on social media platforms, has recently received community attention. Degen Zoo has attracted over 20,000 Twitter followers and over 10,000 people have joined the official Telegram as members in less than 30 days. Built by the likes of DAOMaker founder Chris Zaknun and former MakerDAO development engineer, the game will be develop ed on an ultra-low budget of just $20,000 and is scheduled to be completed in just 30 days. Inspired by the CryptoZoo NFT scam, the Degen Zoo project hopes to prove the incompetence of CryptoZoo founder Logan Paul and satirise such metaverse gaming scams that defraud investors by building the game with little money and little time. In addition, as a charity game NFT,

Robert Kiyosaki Says 'We Are in Global Recession' — Warns of Soaring Bankruptcies, Unemployment, Homelessness

The famous author of the best-selling book Rich Dad Poor Dad, Robert Kiyosaki, says that we are in a global recession. Warning of soaring bankruptcies, unemployment, and homelessness, he noted that there is good news for investors looking for “bargains.” Robert Kiyosaki’s Latest Warnings The author of Rich Dad Poor Dad, Robert Kiyosaki, is back with more warnings about the U.S. economy and global recession. Rich Dad Poor Dad is a 1997 book co-authored by Kiyosaki and Sharon Lechter. It has been on the New York Times Best Seller List for over six years. More than 32 million copies of the book have been sold in over 51 languages across more than 109 countries. Kiyosaki tweeted Saturday: “Q: What is worse than a great depression? A: a global recession.” He added: Unfortunately, we are in global recession. Hang on. Rough landing for world. Bad news. Bankruptcy, unemployment, homelessness soar. Retirements toast. However, the famed author pointed out there is good news for investors, e

US Senator's Resolution Encourages Capitol Gift Shops to Accept Cryptocurrency

A U.S. lawmaker has introduced a resolution that encourages Capitol gift shops to accept crypto currency payments. He stressed that lawmakers “should increase accessibility and signal our support for the burgeoning crypto currency industry to those who visit Capitol Hill.” US Senator Advocates Crypto Payments U.S. Senator Ted Cruz (R-TX) announced Thursday that he has reintroduced the Adopting Crypto currency in Congress as an Exchange of Payment for Transactions (ACCEPT) Resolution. Cruz first introduced this resolution in November 2021. The senator from Texas said: Crypto currency is generating new jobs, encouraging entrepreneurs to invent new values and creating new hedges against inflation, and presenting new opportunities. It is also increasingly being used as a secure form of payment for goods and services. “This is precisely why we, here at the United States Capitol, should increase accessibility and signal our support for the burgeoning cryptocurrency industry to those

Goldman Sachs Ranks Bitcoin Best Performing Asset so Far This Year

Image
Goldman Sachs has ranked bitcoin the best-performing asset so far this year. The cryptocurrency also tops the global investment bank’s list as the asset with the highest risk-adjusted return — above gold, real estate, the S&P 500, and the Nasdaq 100. Bitcoin Outshines Other Investments on Goldman’s Chart Global investment bank Goldman Sachs has reportedly ranked bitcoin the best-performing asset year-to-date (YTD). The Twitter account Documenting Bitcoin tweeted earlier this week: Bitcoin is the best performing asset in the world this year, according to latest data by Goldman Sachs. The tweet includes a market performance chart by Goldman Sachs showing the top 25 markets’ total returns as well as their year-to-date risk-adjusted returns. Bitcoin tops the total return list at 27%, followed by MSCI Emerging Markets Index at 8%. BTC also tops Goldman Sachs’ risk-adjusted return list, with a Sharpe Ratio of 3.1. The price of bitcoin has risen since the firm published its chart. At

CELO Price Prediction As A Bullish Pattern Confirms A Climb To $1.08

Image
Join Our Telegram channel to stay up to date on breaking news coverage Celo price has escaped from a significantly bullish chart pattern opening the way for a massive move northward. The ongoing correction could be presenting an opportunity for late investors to get into the CELO market before it explodes. Can the bulls sustain the recovery? A New Identity And Branding Fuel’s CELO’s Rally One of the most important factors driving the growth in the CELO price is the recent announcement that the blockchain ecosystem was getting a new brand identity. Celo.org, the organization behind the crypto project, released the new look complete with “a reimagined logo, branding, and messaging.” An excerpt from the blog post says that the new look “kicks off a season of acceleration, with the Celo 2.0 technical roadmap landing soon, including timings for meaningful integrations and high-profile partnership launches.” The company added: To put it simply, we are in awe of Celo’s incredible

Optimism Price Prediction as $700 Million Trading Volume Comes In – Time to Buy?

Image
Optimism price rally to new all-time highs could be a harbinger of a better 2023, following a dismal performance in 2022. Over the last couple of weeks, Optimism’s value grew by 41% to trade at $2.36 at the time of writing. Cumulatively, investor holdings surged 147% in 30 days, pushing OP 479% above its all-time low of $0.40 on June 18, 2022. Following that swing to a new all-time high of $2.50 on January 25, 2023, Optimism price is down 6.7%, as it absorbs increasing selling pressure, as investors cash out for profit. CoinMarketCap shows a massive spike in the 24-hour trading volume to $700 million. OP/USD monthly price chart Analysts have in the past concluded that large trading activities are an indication of investors taking on greater risks, which suggests numerous individuals are expecting OP to hit another all-time high. Put simply, there is optimism that OP price will exceed its previous peak. What’s Driving Optimism Price Rally? Apart from a generally bull

ViaBTC Capital and CoinEx Release the 2022 Crypto Annual Report: Review of Nine Sectors and Forecast of Crypto Trend in 2023

Image
In January 2023, ViaBTC Capital and CoinEx jointly released the 2022 Crypto Annual Report to offer data Analysis and insights into nine sectors, including Bitcoin, Ethereum, stablecoins, NFT, public chains, DeFi, SocialFi, GameFi and regulatory policies. This report also predicts the crypto trend in 2023. According to the report, affected by factors such as the macro environment and bull-to-bear transition, the whole cryptocurrency industry became bearish in 2022. In particular, following the Terra meltdown in May, most cryptocurrency sectors were hit by the bearish impact. Below is the overview of each segment. 1. Bitcoin In 2022, the overall performance of Bitcoin remained sluggish, with significant declines in price and trading volume compared to 2021. The price at the end of 2022 even fell below the peak of the last bull market. The price trend of Bitcoin throughout the year is obviously influenced by the pace of US interest rate hikes, but as the US interest rate hike policy c

Play-to-Earn Crypto Meta Masters Guild Presale Reaches $1.3 Million Raised – Limited Time to Invest at Low Prices

Image
Source: Meta Masters Guild The Meta Masters Guild presale has now raised just over $1.35 million, with only six days remaining until the sale moves from stage three to stage four. This means that the offering price of one MEMAG token will rise from $0.013 to $0.016, making it 23% more expensive for early buyers to invest ahead of the wider market. But with the play-to-earn gaming platform set to launch a range of exciting mobile-based games from the third quarter of the year onwards, it's likely that MEMAG's price will rise much higher than this once it launches on exchanges and accumulates more users. Play-to-Earn Crypto Meta Masters Guild Presale Reaches $1.3 Million Raised – Limited Time to Invest at Low Prices Only a week ago, Meta Masters Guild's presale's had raised only $500,000. However, it seems that word-of-mouth and network effects have worked to speed it up, with some 24-hour periods witnessing injections of more than $100,000 into its ov

Silver Golub & Teitell LLP Files Class Action Lawsuit Against Digital Currency Group and Barry Silbert

Image
Silver Golub & Teitell LLP has filed a securities class action lawsuit against Digital Currency Group (DCG) and its founder and CEO, Barry Silbert . The plaintiffs’ law firm filed the lawsuit in the United States District Court for the District of Connecticut on the grounds of allegations of violations of the federal securities law. The lawsuit has been filed on the behalf of individuals and entities who had loaned digital assets to DCG’s Genesis Global Capital. Read more: Shiba Inu: 108M SHIB Burned by a Single Wallet, Burn Rate Spikes by 300% Source: The Block Complaint against Digital Currency Group alleges securities fraud Cryptocurrency lender Genesis officially filed for Chapter 11 bankruptcy on January 20, 2023. The crypto lender also halted redemption requests on November 16, 2022, citing liquidity issues. The complaint filed alleges that Genesis was engaged in an unregistered securities offering, which is in violation of Section 5 of the Securities Act. The