Tag: AI

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AI has potential to send Bitcoin price over $750K — Arthur Hayes

The coming years will be explosive for AI, and even more so for Bitcoin, says the former BitMEX CEO. Bitcoin (BTC) will be the currency of artificial intelligence (AI) and could reach a price per coin of $760,000 in the process, Arthur Hayes says. In his latest essay titled “Massa,” the former BitMEX CEO concluded…
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Scientists created a crypto portfolio management AI trained with on-chain data

According to the researchers, CryptoRLPM is the first reinforcement learning-based AI system using on-chain metrics for portfolio management. A pair of researchers from the University of Tsukuba in Japan recently built an AI-powered cryptocurrency portfolio management system that utilizes on-chain data for training, the first of its kind according to the scientists.  Called CryptoRLPM, short…
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Mastercard AI-powered tool to help banks fight fraud

Mastercard revealed a new AI-driven tool available to banks for collecting insights to predict scams and frauds involving real-time payments. Mastercard has launched a new artificial intelligence (AI)-power tool which is aimed at helping banks fight payment fraud and scams in real-time prior to any monetary exploits. According to an announcement from the financial services…
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OpenAI creates a new team to tackle ‘superintelligent’ AI systems

OpenAI says it’s planning to create a team to help manage the risks that could come from a superintelligent AI system that it expects to arrive within the decade. The team behind the popular artificial intelligence (AI) chatbot ChatGPT, says it will be forming a team to rein in and manage the risks of superintelligent…
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US Pentagon is testing whether AI can plan response to an all-out war

Air Force Colonel Matthew Strohmeyer said the initial tests were “highly successful” but admitted it isn’t “ready for primetime right now.” The United States military has begun tests to see if generative AI can assist when planning responses to potential global conflicts or taking on more mundane tasks like providing faster access to internal information.…
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Google updates its privacy policy to allow data scraping for AI training

The latest updates to Google’s privacy policy reveal that Google may use any public information available to train its various AI products and services. Google has made updates to its privacy policy which now allows it to take any publicly available data and use it for artificial intelligence (AI) training purposes. The update to the…
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Today in Crypto: South Korea Passes the Virtual Asset User Protection Legislation, Poly Network Exploit Affected 57 Cryptos on 10 Blockchains, Crypto Miners Are Turning to AI

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________… Read More: Today in Crypto: South Korea Passes the Virtual Asset User Protection Legislation, Poly Network Exploit Affected 57 Cryptos on 10 Blockchains, Crypto Miners Are Turning to AI  Read more »Sign up…
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Hut 8 Is Keen On AI Computing As It Relocates 6,400 Rigs, Eyes Growth Amid Legal Battle

Bitcoin (BTC) mining firm Hut 8 has announced plans to relocate 6,400 rigs from its facility in Ontario, Canada as the demand for AI and high-performance computing surges.  This is part of the firm’s wider plan to revive its dwindling activities after it faced a few hurdles including a legal tussle with its third-party energy…
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Robot guest-conducts the Korean National Symphony Orchestra

The android robot EveR 6 and conductor Soo-Yeoul Choi co-conducted a performance of six pieces with the Korean National Symphony Orchestra. A robot graced the stage at the National Theatre of Korea to conduct the Korean National Symphony Orchestra on June 30, marking South Korea’s first robot-conductor public appearance. EveR 6, the android that co-conducted…
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AI-generated fake news sparks rumors of Gary Gensler’s resignation

The rumors, which have set crypto Twitter ablaze, are the latest example of AI disinformation at work. False rumors have again been spreading over the resignation of United States Securities and Exchange Commission (SEC) chair Gary Gensler — this time, however, artificial intelligence has seemingly played a part. On July 1, a news story appeared…
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